Rockford Charter School Organization
EIN: 272027921 · Rockford, IL · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $3.7M |
| Net Assets | $3.6M |
Is Rockford Charter School Organization Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rockford Charter School Organization
Rockford Charter School Organization (EIN: 272027921) is a nonprofit organization based in Rockford, IL, classified under NTEE code B90. The organization reported total revenue of $4.8M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rockford Charter School Organization's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rockford Charter School Organization is a mid-size nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $3.7M |
| Surplus / Deficit | +$597K |
| Total Assets | $4.9M |
| Total Liabilities | $1.3M |
| Net Assets | $3.6M |
| Operating Margin | 14.0% |
| Debt-to-Asset Ratio | 27.0% |
| Months of Reserves | 15.9 months |
Financial Health Grade: A
In 2023, Rockford Charter School Organization reported a surplus of $597K with revenue exceeding expenses, holds 15.9 months of operating reserves (strong position), has a debt-to-asset ratio of 27.0% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Rockford Charter School Organization's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.6% | +15.2% | +10.4% |
| 2022 | +42.0% | +7.8% | +25.0% |
| 2021 | -5.3% | -12.5% | -0.7% |
| 2020 | -28.4% | -23.0% | -11.1% |
| 2019 | -9.9% | -1.9% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rockford Charter School Organization 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 Rockford Charter School Organization 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 $597K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.0%.
Frequently Asked Questions about Rockford Charter School Organization
Is Rockford Charter School Organization a legitimate charity?
Rockford Charter School Organization (EIN: 272027921) is a registered tax-exempt nonprofit based in Illinois. It has 12 years of IRS 990 filings on record. Total revenue: $4.8M. No red flags identified. Financial health grade: A.
How does Rockford Charter School Organization spend its money?
Rockford Charter School Organization reported $4.8M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rockford Charter School Organization tax-deductible?
Rockford Charter School Organization is registered as a tax-exempt nonprofit (EIN: 272027921). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rockford Charter School Organization located?
Rockford Charter School Organization is headquartered in Rockford, Illinois and files with the IRS under EIN 272027921. It is classified under NTEE code B90.
How many years of IRS 990 filings does Rockford Charter School Organization have?
Rockford Charter School Organization has 12 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 $4.8M in total revenue.
Filing History
IRS 990 filing history for Rockford Charter School Organization showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Rockford Charter School Organization's revenue has grown by 51.3%, moving from $2.8M to $4.3M. Total assets increased by 1297.3% over the same period, from $349K to $4.9M. Total functional expenses rose by 21%, from $3.0M to $3.7M. In its most recent filing year (2023), Rockford Charter School Organization reported a surplus of $597K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $4.9M in assets (debt-to-asset ratio: 27.0%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $3.7M | $4.9M | $1.3M | — | View 990 |
| 2022 | $4.3M | $3.2M | $4.4M | $1.5M | — | View 990 |
| 2021 | $3.0M | $3.0M | $3.5M | $1.7M | — | View 990 |
| 2020 | $3.2M | $3.4M | $3.6M | $1.8M | — | View 990 |
| 2019 | $4.5M | $4.4M | $4.0M | $2.0M | — | View 990 |
| 2018 | $5.0M | $4.5M | $3.9M | $2.1M | — | View 990 |
| 2017 | $5.7M | $4.8M | $3.5M | $2.2M | — | View 990 |
| 2016 | $4.8M | $4.6M | $3.0M | $2.7M | — | View 990 |
| 2015 | $5.0M | $4.9M | $3.1M | $3.0M | — | View 990 |
| 2014 | $4.9M | $4.8M | $3.3M | $3.2M | — | View 990 |
| 2013 | $3.4M | $3.3M | $2.0M | $2.1M | — | View 990 |
| 2012 | $2.8M | $3.0M | $349K | $549K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $3.7M, and assets of $4.9M (revenue -0.6% year-over-year).
- 2022: Revenue of $4.3M, expenses of $3.2M, and assets of $4.4M (revenue +42.0% year-over-year).
- 2021: Revenue of $3.0M, expenses of $3.0M, and assets of $3.5M (revenue -5.3% year-over-year).
- 2020: Revenue of $3.2M, expenses of $3.4M, and assets of $3.6M (revenue -28.4% year-over-year).
- 2019: Revenue of $4.5M, expenses of $4.4M, and assets of $4.0M (revenue -9.9% year-over-year).
- 2018: Revenue of $5.0M, expenses of $4.5M, and assets of $3.9M (revenue -13.0% year-over-year).
- 2017: Revenue of $5.7M, expenses of $4.8M, and assets of $3.5M (revenue +19.5% year-over-year).
- 2016: Revenue of $4.8M, expenses of $4.6M, and assets of $3.0M (revenue -4.2% year-over-year).
- 2015: Revenue of $5.0M, expenses of $4.9M, and assets of $3.1M (revenue +0.7% year-over-year).
- 2014: Revenue of $4.9M, expenses of $4.8M, and assets of $3.3M (revenue +46.5% year-over-year).
- 2013: Revenue of $3.4M, expenses of $3.3M, and assets of $2.0M (revenue +19.3% year-over-year).
- 2012: Revenue of $2.8M, expenses of $3.0M, and assets of $349K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rockford Charter School Organization:
Data Sources and Methodology
This transparency report for Rockford Charter School Organization 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.