School Choice Ohio Inc
School Choice Ohio Inc. maintains strong assets despite fluctuating revenues and occasional operational deficits, with no reported officer compensation.
EIN: 203130699 · Columbus, OH · NTEE: B05 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $951K |
| Total Expenses | $909K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $962K |
| Transparency Score | 88/100 |
Is School Choice Ohio Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
School Choice Ohio Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About School Choice Ohio Inc
School Choice Ohio Inc (EIN: 203130699) is a nonprofit organization based in Columbus, OH, classified under NTEE code B05. The organization reported total revenue of $951K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of School Choice Ohio Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
School Choice Ohio Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $877K |
| Total Expenses | $909K |
| Surplus / Deficit | $-32,327 |
| Total Assets | $1.1M |
| Total Liabilities | $91K |
| Net Assets | $962K |
| Operating Margin | -3.7% |
| Debt-to-Asset Ratio | 8.7% |
| Months of Reserves | 13.9 months |
Financial Health Grade: B
In 2023, School Choice Ohio Inc reported a deficit of $32K with expenses exceeding revenue, holds 13.9 months of operating reserves (strong position), has a debt-to-asset ratio of 8.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), School Choice Ohio Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.7% | +11.8% | -8.2% |
| 2022 | +27.6% | -8.7% | +137.4% |
| 2021 | +2.5% | -13.9% | +158.4% |
| 2020 | -20.4% | -24.4% | +294.2% |
| 2019 | +326.0% | +301.2% | +173.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 School Choice Ohio Inc with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, School Choice Ohio Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size with nearly $1 million in annual revenue.
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 School Choice Ohio Inc's IRS 990 filings:
- Frequent operational deficits (e.g., 2023, 2018, 2017, 2015, 2014) where expenses exceeded revenue, indicating reliance on prior year surpluses or asset drawdowns.
- Significant year-over-year revenue fluctuations (e.g., $1.45M in 2022 to $0.87M in 2023) which could indicate unstable funding sources.
Strengths
The following positive indicators were identified for School Choice Ohio Inc:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds to the mission rather than executive salaries.
- Healthy asset-to-liability ratio, with assets consistently much higher than liabilities (e.g., $1,053,506 assets vs. $91,183 liabilities in 2023), providing financial stability.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
- Significant growth in assets over time, from $17,353 in 2018 to $1,053,506 in 2023, indicating effective financial management and accumulation of reserves.
Frequently Asked Questions about School Choice Ohio Inc
Is School Choice Ohio Inc a legitimate charity?
School Choice Ohio Inc (EIN: 203130699) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $951K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does School Choice Ohio Inc spend its money?
School Choice Ohio Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to School Choice Ohio Inc tax-deductible?
School Choice Ohio Inc is registered as a tax-exempt nonprofit (EIN: 203130699). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the School Choice Ohio Inc CEO make?
School Choice Ohio Inc's highest-compensated officer earns $1 annually. The organization reported $951K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of School Choice Ohio Inc's spending goes to programs?
School Choice Ohio Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does School Choice Ohio Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), School Choice Ohio Inc is above average for NTEE category B05 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is School Choice Ohio Inc located?
School Choice Ohio Inc is headquartered in Columbus, Ohio and files with the IRS under EIN 203130699. It is classified under NTEE code B05.
How many years of IRS 990 filings does School Choice Ohio Inc have?
School Choice Ohio Inc has 13 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 $951K in total revenue.
Is School Choice Ohio Inc. financially stable?
Yes, the organization appears financially stable, consistently holding assets significantly greater than liabilities. For example, in 2023, assets were $1,053,506 against liabilities of $91,183. However, it has experienced operational deficits in several years, including 2023, where expenses exceeded revenue.
How does School Choice Ohio Inc. manage executive compensation?
School Choice Ohio Inc. reports 0% officer compensation across all 13 available IRS 990 filings, indicating that no salaries are paid to its officers.
What is the trend in the organization's revenue?
Revenue has fluctuated significantly over the years, ranging from a low of $327,884 in 2018 to a high of $1,455,601 in 2022, and then decreasing to $877,038 in 2023. This suggests variability in funding sources or grant cycles.
Does the organization spend efficiently?
The organization appears to spend efficiently, particularly given the 0% officer compensation. This suggests a high proportion of funds is likely directed towards program services, though specific program spending ratios are not detailed in the provided summary.
Filing History
IRS 990 filing history for School Choice Ohio Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), School Choice Ohio Inc's revenue has declined by 27.1%, moving from $1.2M to $877K. Total assets increased by 35.7% over the same period, from $776K to $1.1M. Total functional expenses rose by 0.3%, from $907K to $909K. In its most recent filing year (2023), School Choice Ohio Inc reported a deficit of $32K, with expenses exceeding revenue. The organization holds $91K in liabilities against $1.1M in assets (debt-to-asset ratio: 8.7%), resulting in net assets of $962K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $877K | $909K | $1.1M | $91K | — | — |
| 2022 | $1.5M | $813K | $1.1M | $153K | — | View 990 |
| 2021 | $1.1M | $891K | $483K | $131K | — | View 990 |
| 2020 | $1.1M | $1.0M | $187K | $85K | — | View 990 |
| 2019 | $1.4M | $1.4M | $47K | $23K | — | View 990 |
| 2018 | $328K | $341K | $17K | $21K | — | View 990 |
| 2017 | $457K | $682K | $33K | $24K | — | View 990 |
| 2016 | $985K | $744K | $302K | $68K | — | View 990 |
| 2015 | $604K | $889K | $20K | $27K | — | View 990 |
| 2014 | $994K | $1.1M | $347K | $69K | — | View 990 |
| 2013 | $1.1M | $1.3M | $548K | $119K | — | View 990 |
| 2012 | $1.1M | $1.2M | $692K | $83K | — | View 990 |
| 2011 | $1.2M | $907K | $776K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $877K, expenses of $909K, and assets of $1.1M (revenue -39.7% year-over-year).
- 2022: Revenue of $1.5M, expenses of $813K, and assets of $1.1M (revenue +27.6% year-over-year).
- 2021: Revenue of $1.1M, expenses of $891K, and assets of $483K (revenue +2.5% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.0M, and assets of $187K (revenue -20.4% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $47K (revenue +326.0% year-over-year).
- 2018: Revenue of $328K, expenses of $341K, and assets of $17K (revenue -28.3% year-over-year).
- 2017: Revenue of $457K, expenses of $682K, and assets of $33K (revenue -53.6% year-over-year).
- 2016: Revenue of $985K, expenses of $744K, and assets of $302K (revenue +63.1% year-over-year).
- 2015: Revenue of $604K, expenses of $889K, and assets of $20K (revenue -39.3% year-over-year).
- 2014: Revenue of $994K, expenses of $1.1M, and assets of $347K (revenue -11.8% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.3M, and assets of $548K (revenue +3.6% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.2M, and assets of $692K (revenue -9.6% year-over-year).
- 2011: Revenue of $1.2M, expenses of $907K, and assets of $776K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for School Choice Ohio Inc:
Data Sources and Methodology
This transparency report for School Choice Ohio 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.