Republic Schools Inc
EIN: 465280479 · Jackson, MS · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $31.0M |
| Total Expenses | $26.0M |
| Net Assets | $13.8M |
Is Republic Schools Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Republic Schools Inc
Republic Schools Inc (EIN: 465280479) is a nonprofit organization based in Jackson, MS, classified under NTEE code B20. The organization reported total revenue of $31.0M and total assets of $31.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Republic Schools Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Republic Schools Inc is a large nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 46.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $28.4M |
| Total Expenses | $26.0M |
| Surplus / Deficit | +$2.4M |
| Total Assets | $24.7M |
| Total Liabilities | $10.9M |
| Net Assets | $13.8M |
| Operating Margin | 8.4% |
| Debt-to-Asset Ratio | 44.0% |
| Months of Reserves | 11.4 months |
Financial Health Grade: A
In 2023, Republic Schools Inc reported a surplus of $2.4M with revenue exceeding expenses, holds 11.4 months of operating reserves (strong position), has a debt-to-asset ratio of 44.0% (moderate leverage).
Financial Trends
Over 10 years of filings (2015–2023), Republic Schools Inc's revenue has grown at a compound annual growth rate (CAGR) of 46.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.0% | +17.7% | +12.6% |
| 2022 | +9.0% | +36.6% | +12.4% |
| 2021 | +33.6% | +13.1% | +26.1% |
| 2020 | +21.4% | +16.2% | +13.5% |
| 2019 | +35.1% | +50.0% | +14.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Republic Schools Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Republic Schools Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.0%.
Frequently Asked Questions about Republic Schools Inc
Is Republic Schools Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Republic Schools Inc (EIN: 465280479) insufficient data. 0 red flags identified, 0 strengths noted.
How does Republic Schools Inc spend its money?
Detailed spending breakdown data is not yet available for Republic Schools Inc. Check back for updated IRS 990 analysis.
Are donations to Republic Schools Inc tax-deductible?
Republic Schools Inc is registered as a tax-exempt nonprofit (EIN: 465280479). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Republic Schools Inc located?
Republic Schools Inc is headquartered in Jackson, Mississippi and files with the IRS under EIN 465280479. It is classified under NTEE code B20.
How many years of IRS 990 filings does Republic Schools Inc have?
Republic Schools Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $31.0M in total revenue.
Filing History
IRS 990 filing history for Republic Schools Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2015–2023), Republic Schools Inc's revenue has grown by 2071.5%, moving from $1.3M to $28.4M. Total assets increased by 4308.9% over the same period, from $561K to $24.7M. Total functional expenses rose by 2432.4%, from $1.0M to $26.0M. In its most recent filing year (2023), Republic Schools Inc reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $10.9M in liabilities against $24.7M in assets (debt-to-asset ratio: 44.0%), resulting in net assets of $13.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $28.4M | $26.0M | $24.7M | $10.9M | — | View 990 |
| 2022 | $22.9M | $22.1M | $21.9M | $10.5M | — | View 990 |
| 2021 | $21.0M | $16.2M | $19.5M | $8.9M | — | — |
| 2020 | $15.7M | $14.3M | $15.5M | $9.7M | — | View 990 |
| 2019 | $12.9M | $12.3M | $13.6M | $9.3M | — | View 990 |
| 2018 | $9.6M | $8.2M | $11.9M | $8.1M | — | View 990 |
| 2017 | $7.0M | $5.8M | $3.1M | $770K | — | View 990 |
| 2016 | $4.1M | $3.4M | $1.8M | $614K | — | View 990 |
| 2015 | $626K | $465K | $818K | $378K | — | View 990 |
| 2015 | $1.3M | $1.0M | $561K | $280K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $28.4M, expenses of $26.0M, and assets of $24.7M (revenue +24.0% year-over-year).
- 2022: Revenue of $22.9M, expenses of $22.1M, and assets of $21.9M (revenue +9.0% year-over-year).
- 2021: Revenue of $21.0M, expenses of $16.2M, and assets of $19.5M (revenue +33.6% year-over-year).
- 2020: Revenue of $15.7M, expenses of $14.3M, and assets of $15.5M (revenue +21.4% year-over-year).
- 2019: Revenue of $12.9M, expenses of $12.3M, and assets of $13.6M (revenue +35.1% year-over-year).
- 2018: Revenue of $9.6M, expenses of $8.2M, and assets of $11.9M (revenue +36.9% year-over-year).
- 2017: Revenue of $7.0M, expenses of $5.8M, and assets of $3.1M (revenue +69.6% year-over-year).
- 2016: Revenue of $4.1M, expenses of $3.4M, and assets of $1.8M (revenue +559.0% year-over-year).
- 2015: Revenue of $626K, expenses of $465K, and assets of $818K (revenue -52.1% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.0M, and assets of $561K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Republic Schools Inc:
Data Sources and Methodology
This transparency report for Republic Schools Inc 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.