Rosefield Charter Elementary School Inc
Rosefield Charter Elementary School Inc shows consistent revenue growth and significant asset expansion with no reported officer compensation.
EIN: 203249197 · Surprise, AZ · NTEE: B29 · Updated: 2026-03-28
Is Rosefield Charter Elementary School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rosefield Charter Elementary School Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rosefield Charter Elementary School Inc
Rosefield Charter Elementary School Inc (EIN: 203249197) is a nonprofit organization based in Surprise, AZ, classified under NTEE code B29. The organization reported total revenue of $6.8M and total assets of $14.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rosefield Charter Elementary School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rosefield Charter Elementary School Inc is a mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.7M |
| Total Expenses | $6.6M |
| Surplus / Deficit | +$81K |
| Total Assets | $14.8M |
| Total Liabilities | $14.4M |
| Net Assets | $469K |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 96.8% |
| Months of Reserves | 27.1 months |
Financial Health Grade: A
In 2023, Rosefield Charter Elementary School Inc reported a surplus of $81K with revenue exceeding expenses, holds 27.1 months of operating reserves (strong position), has a debt-to-asset ratio of 96.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rosefield Charter Elementary School Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.2% | +7.2% | +650.1% |
| 2022 | +3.6% | +1.0% | -1.1% |
| 2021 | +3.2% | +1.8% | +63.3% |
| 2020 | +1.9% | +2.9% | +11.0% |
| 2019 | +4.6% | +-0.0% | -24.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Rosefield Charter Elementary School Inc 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Rosefield Charter Elementary School Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $81K, with revenue exceeding expenses.
- Debt-to-asset ratio: 96.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size ($6.7M revenue) and suggests a strong commitment to directing funds towards 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.
Red Flags
The following concerns were identified during AI analysis of Rosefield Charter Elementary School Inc's IRS 990 filings:
- Significant increase in liabilities alongside assets warrants further investigation into debt structure and repayment capacity.
Strengths
The following positive indicators were identified for Rosefield Charter Elementary School Inc:
- Consistent revenue generation and growth over multiple years.
- Expenses consistently managed below revenue, indicating financial stability.
- Zero reported officer compensation, demonstrating a strong commitment to mission-focused spending.
- Significant asset growth, likely indicating investment in educational infrastructure.
- High program spending ratio, typical for educational institutions.
Frequently Asked Questions about Rosefield Charter Elementary School Inc
Is Rosefield Charter Elementary School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rosefield Charter Elementary School Inc (EIN: 203249197) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Rosefield Charter Elementary School Inc spend its money?
Rosefield Charter Elementary School Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rosefield Charter Elementary School Inc tax-deductible?
Rosefield Charter Elementary School Inc is registered as a tax-exempt nonprofit (EIN: 203249197). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Rosefield Charter Elementary School Inc a good charity?
Based on the available financial data, Rosefield Charter Elementary School Inc appears to be a well-managed organization with consistent revenue, controlled expenses, and a strong commitment to its mission, evidenced by 0% officer compensation and significant asset growth likely tied to its educational facilities.
What caused the significant increase in assets and liabilities between 2022 and 2023?
The substantial increase in assets from $1,977,354 in 2022 to $14,833,088 in 2023, accompanied by a similar rise in liabilities, strongly suggests a major capital investment, likely the acquisition or construction of new school facilities or significant property improvements, which is common for educational institutions.
How does the organization sustain operations without officer compensation?
The consistent reporting of 0% officer compensation suggests that key leadership roles might be filled by volunteers, compensated through a related entity, or that the organization's structure allows for administrative functions to be covered by other staff or external services not classified as officer compensation on the 990.
Filing History
IRS 990 filing history for Rosefield Charter Elementary School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rosefield Charter Elementary School Inc's revenue has grown by 26.5%, moving from $5.3M to $6.7M. Total assets increased by 1573.8% over the same period, from $886K to $14.8M. Total functional expenses rose by 29.5%, from $5.1M to $6.6M. In its most recent filing year (2023), Rosefield Charter Elementary School Inc reported a surplus of $81K, with revenue exceeding expenses. The organization holds $14.4M in liabilities against $14.8M in assets (debt-to-asset ratio: 96.8%), resulting in net assets of $469K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.7M | $6.6M | $14.8M | $14.4M | — | View 990 |
| 2022 | $6.4M | $6.1M | $2.0M | $1.6M | — | View 990 |
| 2021 | $6.2M | $6.1M | $2.0M | $1.9M | — | View 990 |
| 2020 | $6.0M | $6.0M | $1.2M | $1.2M | — | View 990 |
| 2019 | $5.9M | $5.8M | $1.1M | $1.1M | — | View 990 |
| 2018 | $5.6M | $5.8M | $1.5M | $1.5M | — | View 990 |
| 2017 | $5.5M | $5.4M | $1.1M | $1.2M | — | View 990 |
| 2016 | $5.6M | $5.6M | $1.4M | $1.6M | — | View 990 |
| 2015 | $5.3M | $5.2M | $1.4M | $1.6M | — | View 990 |
| 2014 | $5.3M | $5.3M | $829K | $1.2M | — | View 990 |
| 2013 | $4.5M | $5.3M | $774K | $1.2M | — | View 990 |
| 2012 | $5.3M | $5.3M | $1.0M | $698K | — | View 990 |
| 2011 | $5.3M | $5.1M | $886K | $634K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.7M, expenses of $6.6M, and assets of $14.8M (revenue +4.2% year-over-year).
- 2022: Revenue of $6.4M, expenses of $6.1M, and assets of $2.0M (revenue +3.6% year-over-year).
- 2021: Revenue of $6.2M, expenses of $6.1M, and assets of $2.0M (revenue +3.2% year-over-year).
- 2020: Revenue of $6.0M, expenses of $6.0M, and assets of $1.2M (revenue +1.9% year-over-year).
- 2019: Revenue of $5.9M, expenses of $5.8M, and assets of $1.1M (revenue +4.6% year-over-year).
- 2018: Revenue of $5.6M, expenses of $5.8M, and assets of $1.5M (revenue +1.3% year-over-year).
- 2017: Revenue of $5.5M, expenses of $5.4M, and assets of $1.1M (revenue -1.7% year-over-year).
- 2016: Revenue of $5.6M, expenses of $5.6M, and assets of $1.4M (revenue +5.6% year-over-year).
- 2015: Revenue of $5.3M, expenses of $5.2M, and assets of $1.4M (revenue -0.1% year-over-year).
- 2014: Revenue of $5.3M, expenses of $5.3M, and assets of $829K (revenue +18.1% year-over-year).
- 2013: Revenue of $4.5M, expenses of $5.3M, and assets of $774K (revenue -15.3% year-over-year).
- 2012: Revenue of $5.3M, expenses of $5.3M, and assets of $1.0M (revenue +1.4% year-over-year).
- 2011: Revenue of $5.3M, expenses of $5.1M, and assets of $886K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rosefield Charter Elementary School Inc:
Data Sources and Methodology
This transparency report for Rosefield Charter Elementary School 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.