Omar D Blair An Edison K 8 Charter
Omar D Blair An Edison K 8 Charter consistently directs 100% of expenses to programs, with no reported officer compensation.
EIN: 201291037 · Denver, CO · NTEE: B29 · Updated: 2026-03-28
Is Omar D Blair An Edison K 8 Charter Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Omar D Blair An Edison K 8 Charter directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Omar D Blair An Edison K 8 Charter
Omar D Blair An Edison K 8 Charter (EIN: 201291037) is a nonprofit organization based in Denver, CO, classified under NTEE code B29. The organization reported total revenue of $14.0M and total assets of $11.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Omar D Blair An Edison K 8 Charter's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Omar D Blair An Edison K 8 Charter is a large nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2019–2024). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.1M |
| Total Expenses | $11.6M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $10.1M |
| Total Liabilities | $4.5M |
| Net Assets | $5.6M |
| Operating Margin | 11.7% |
| Debt-to-Asset Ratio | 44.7% |
| Months of Reserves | 10.5 months |
Financial Health Grade: A
In 2024, Omar D Blair An Edison K 8 Charter reported a surplus of $1.5M with revenue exceeding expenses, holds 10.5 months of operating reserves (strong position), has a debt-to-asset ratio of 44.7% (moderate leverage).
Financial Trends
Over 6 years of filings (2019–2024), Omar D Blair An Edison K 8 Charter's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +16.7% | +17.3% | +25.5% |
| 2023 | +18.3% | +23.6% | +34.7% |
| 2022 | +6.9% | +2.2% | -6.4% |
| 2021 | +3.3% | +4.5% | +45.9% |
| 2020 | +6.0% | +11.3% | +10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Omar D Blair An Edison K 8 Charter with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Omar D Blair An Edison K 8 Charter allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all six filings, indicating that no salaries are paid to officers, directors, trustees, or key employees, which is highly unusual for an organization with over $13 million in revenue and suggests a strong commitment to directing all funds to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Omar D Blair An Edison K 8 Charter:
- Consistent revenue growth, increasing from $8.1 million in 2019 to $13.1 million in 2024.
- 100% program spending due to 0% reported officer compensation across all filings.
- Strong asset growth, from $3.9 million in 2019 to $10.1 million in 2024, indicating increasing financial stability.
- Healthy asset-to-liability ratio of 2.24 in the latest filing, demonstrating robust financial health.
- High transparency regarding executive compensation, with no reported officer salaries.
Frequently Asked Questions about Omar D Blair An Edison K 8 Charter
Is Omar D Blair An Edison K 8 Charter a legitimate charity?
Based on AI analysis of IRS 990 filings, Omar D Blair An Edison K 8 Charter (EIN: 201291037) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Omar D Blair An Edison K 8 Charter spend its money?
Omar D Blair An Edison K 8 Charter directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Omar D Blair An Edison K 8 Charter tax-deductible?
Omar D Blair An Edison K 8 Charter is registered as a tax-exempt nonprofit (EIN: 201291037). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Omar D Blair An Edison K 8 Charter manage to operate with 0% officer compensation?
The filings consistently show 0% officer compensation, which could mean that leadership is entirely volunteer-based, compensated through a related entity not reported on the 990, or that the individuals performing officer duties are classified differently within the organization's payroll structure. This practice allows for a very high percentage of funds to be allocated directly to programs.
Is the organization's financial growth sustainable?
Yes, the organization has shown consistent revenue growth from $8.1 million in 2019 to $13.1 million in 2024, alongside a healthy increase in assets from $3.9 million to $10.1 million over the same period. This sustained growth, coupled with efficient spending, suggests a sustainable financial trajectory.
What is the organization's asset-to-liability ratio?
For the latest period (202406), the asset-to-liability ratio is approximately 2.24 ($10,126,347 assets / $4,521,569 liabilities), indicating a strong financial position where assets significantly exceed liabilities.
Filing History
IRS 990 filing history for Omar D Blair An Edison K 8 Charter showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2019–2024), Omar D Blair An Edison K 8 Charter's revenue has grown by 61.6%, moving from $8.1M to $13.1M. Total assets increased by 155.6% over the same period, from $4.0M to $10.1M. Total functional expenses rose by 72.3%, from $6.7M to $11.6M. In its most recent filing year (2024), Omar D Blair An Edison K 8 Charter reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $4.5M in liabilities against $10.1M in assets (debt-to-asset ratio: 44.7%), resulting in net assets of $5.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $13.1M | $11.6M | $10.1M | $4.5M | — | View 990 |
| 2023 | $11.2M | $9.9M | $8.1M | $4.0M | — | View 990 |
| 2022 | $9.5M | $8.0M | $6.0M | $3.3M | — | View 990 |
| 2021 | $8.9M | $7.8M | $6.4M | $5.2M | — | View 990 |
| 2020 | $8.6M | $7.5M | $4.4M | $4.3M | — | View 990 |
| 2019 | $8.1M | $6.7M | $4.0M | $5.0M | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $13.1M, expenses of $11.6M, and assets of $10.1M (revenue +16.7% year-over-year).
- 2023: Revenue of $11.2M, expenses of $9.9M, and assets of $8.1M (revenue +18.3% year-over-year).
- 2022: Revenue of $9.5M, expenses of $8.0M, and assets of $6.0M (revenue +6.9% year-over-year).
- 2021: Revenue of $8.9M, expenses of $7.8M, and assets of $6.4M (revenue +3.3% year-over-year).
- 2020: Revenue of $8.6M, expenses of $7.5M, and assets of $4.4M (revenue +6.0% year-over-year).
- 2019: Revenue of $8.1M, expenses of $6.7M, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Omar D Blair An Edison K 8 Charter:
Data Sources and Methodology
This transparency report for Omar D Blair An Edison K 8 Charter is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.