Pride Academy Charter School
Pride Academy Charter School shows consistent revenue and asset growth with no reported officer compensation.
EIN: 208638719 · East Orange, NJ · NTEE: B29 · Updated: 2026-03-28
Is Pride Academy Charter School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pride Academy Charter School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pride Academy Charter School
Pride Academy Charter School (EIN: 208638719) is a nonprofit organization based in East Orange, NJ, classified under NTEE code B29. The organization reported total revenue of $8.4M and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pride Academy Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pride Academy Charter School with a Mission Score of 90 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Pride Academy Charter School allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Pride Academy Charter School consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers or that it is categorized differently, which is highly unusual for an organization of its size and revenue ($7,009,220 in 2023). This practice suggests a strong commitment to directing funds towards the mission, but also raises questions about how leadership is compensated or structured.
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.
Red Flags
The following concerns were identified during AI analysis of Pride Academy Charter School's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting precise efficiency analysis.
- Consistent 0% officer compensation, while positive for transparency, is unusual for an organization of this size and warrants further investigation into how leadership is compensated.
Strengths
The following positive indicators were identified for Pride Academy Charter School:
- Consistent revenue growth, from $4,732,177 in 2014 to $7,009,220 in 2023.
- Significant asset growth, from $1,305,471 in 2014 to $3,924,432 in 2023.
- Consistent reporting of 0% officer compensation, indicating a strong focus on mission and efficient resource allocation.
- Expenses generally track closely to revenue, suggesting effective financial management and resource utilization.
Frequently Asked Questions about Pride Academy Charter School
Is Pride Academy Charter School a legitimate charity?
Based on AI analysis of IRS 990 filings, Pride Academy Charter School (EIN: 208638719) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Pride Academy Charter School spend its money?
Pride Academy Charter School directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pride Academy Charter School tax-deductible?
Pride Academy Charter School is registered as a tax-exempt nonprofit (EIN: 208638719). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Pride Academy Charter School a good charity?
Based on the available IRS 990 data, Pride Academy Charter School appears to be a financially stable organization with consistent growth in revenue and assets. The consistent reporting of 0% officer compensation is a strong positive indicator of mission focus and efficient resource allocation. However, a complete assessment would benefit from a detailed functional expense breakdown to confirm program spending ratios.
How does Pride Academy Charter School manage its executive compensation?
The organization consistently reports 0% officer compensation on its IRS 990 filings. This suggests that either the leadership is entirely volunteer-based, or compensation for key management personnel is reported under different expense categories, or through a related entity. This practice is highly transparent in terms of direct officer salaries but warrants further inquiry for a full understanding of leadership compensation.
What is the trend in Pride Academy Charter School's financial health?
Pride Academy Charter School demonstrates a positive financial trend. Revenue has grown from $4,732,177 in 2014 to $7,009,220 in 2023, and assets have increased from $1,305,471 to $3,924,432 over the same period. This indicates healthy growth and increasing financial capacity.
Filing History
IRS 990 filing history for Pride Academy Charter School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pride Academy Charter School's revenue has grown by 76.3%, moving from $4.0M to $7.0M. Total assets increased by 93.5% over the same period, from $2.0M to $3.9M. Total functional expenses rose by 68.1%, from $3.6M to $6.1M. In its most recent filing year (2023), Pride Academy Charter School reported a surplus of $905K, with revenue exceeding expenses. The organization holds $2.6M in liabilities against $3.9M in assets (debt-to-asset ratio: 66.5%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $7.0M | $6.1M | $3.9M | $2.6M | — | View 990 |
| 2022 | $6.3M | $6.1M | $3.2M | $2.8M | — | View 990 |
| 2021 | $5.7M | $5.8M | $2.1M | $1.9M | — | View 990 |
| 2020 | $5.4M | $5.4M | $1.7M | $1.4M | — | View 990 |
| 2019 | $5.6M | $5.5M | $1.8M | $1.5M | — | View 990 |
| 2018 | $5.3M | $5.3M | $1.7M | $1.5M | — | View 990 |
| 2017 | $5.3M | $5.4M | $1.7M | $1.5M | — | View 990 |
| 2016 | $5.0M | $5.0M | $1.4M | $1.2M | — | View 990 |
| 2015 | $4.8M | $5.0M | $1.2M | $997K | — | View 990 |
| 2014 | $4.7M | $4.9M | $1.3M | $284K | — | View 990 |
| 2013 | $4.7M | $4.7M | $1.6M | $363K | — | View 990 |
| 2012 | $4.2M | $4.7M | $1.5M | $344K | — | View 990 |
| 2011 | $4.0M | $3.6M | $2.0M | $255K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.0M, expenses of $6.1M, and assets of $3.9M (revenue +10.9% year-over-year).
- 2022: Revenue of $6.3M, expenses of $6.1M, and assets of $3.2M (revenue +11.4% year-over-year).
- 2021: Revenue of $5.7M, expenses of $5.8M, and assets of $2.1M (revenue +4.7% year-over-year).
- 2020: Revenue of $5.4M, expenses of $5.4M, and assets of $1.7M (revenue -2.8% year-over-year).
- 2019: Revenue of $5.6M, expenses of $5.5M, and assets of $1.8M (revenue +4.2% year-over-year).
- 2018: Revenue of $5.3M, expenses of $5.3M, and assets of $1.7M (revenue +0.7% year-over-year).
- 2017: Revenue of $5.3M, expenses of $5.4M, and assets of $1.7M (revenue +5.6% year-over-year).
- 2016: Revenue of $5.0M, expenses of $5.0M, and assets of $1.4M (revenue +5.6% year-over-year).
- 2015: Revenue of $4.8M, expenses of $5.0M, and assets of $1.2M (revenue +0.6% year-over-year).
- 2014: Revenue of $4.7M, expenses of $4.9M, and assets of $1.3M (revenue +0.3% year-over-year).
- 2013: Revenue of $4.7M, expenses of $4.7M, and assets of $1.6M (revenue +13.6% year-over-year).
- 2012: Revenue of $4.2M, expenses of $4.7M, and assets of $1.5M (revenue +4.5% year-over-year).
- 2011: Revenue of $4.0M, expenses of $3.6M, and assets of $2.0M.
Data Sources and Methodology
This transparency report for Pride Academy Charter School 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.