School Factory Inc
School Factory Inc. reports $0 revenue and assets, indicating a cessation of operations after years of six-figure activity.
EIN: 200422699 · Milwaukee, WI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $227K |
| Program Spending | 75% |
| Net Assets | $52K |
| Transparency Score | 20/100 |
Is School Factory Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
School Factory Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About School Factory Inc
School Factory Inc (EIN: 200422699) is a nonprofit organization based in Milwaukee, WI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of School Factory Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
School Factory Inc is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $254K |
| Total Expenses | $227K |
| Surplus / Deficit | +$27K |
| Total Assets | $64K |
| Total Liabilities | $12K |
| Net Assets | $52K |
| Operating Margin | 10.5% |
| Debt-to-Asset Ratio | 18.9% |
| Months of Reserves | 3.4 months |
Financial Health Grade: A
In 2016, School Factory Inc reported a surplus of $27K with revenue exceeding expenses, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 18.9% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2016), School Factory Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -50.5% | -53.3% | -37.7% |
| 2014 | +15.3% | +39.2% | -16.8% |
| 2013 | +89.0% | +45.1% | +237.6% |
| 2012 | +29.0% | +51.5% | +1.1% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates School Factory Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, School Factory Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.9%.
Executive Compensation Analysis
Executive compensation was consistently reported as 0% of expenses across all available filings, indicating that no officers received salaries or other compensation from the organization during its active years.
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 Factory Inc's IRS 990 filings:
- Complete cessation of financial activity (latest revenue and assets are $0)
- Significant and rapid decline in revenue from over $250,000 in 2016 to $0
- Uncertainty regarding current operational status and mission fulfillment
Strengths
The following positive indicators were identified for School Factory Inc:
- Historically reported 0% officer compensation, indicating a volunteer-led or very lean leadership structure during active years.
Frequently Asked Questions about School Factory Inc
Is School Factory Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, School Factory Inc (EIN: 200422699) significant concerns. Mission Score: 20/100. 3 red flags identified, 1 strength noted.
How does School Factory Inc spend its money?
School Factory Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to School Factory Inc tax-deductible?
School Factory Inc is registered as a tax-exempt nonprofit (EIN: 200422699). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of School Factory Inc's spending goes to programs?
School Factory Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is School Factory Inc located?
School Factory Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 200422699.
How many years of IRS 990 filings does School Factory Inc have?
School Factory Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is School Factory Inc. still operational?
Based on the latest IRS 990 data reporting $0 in revenue and assets, it appears School Factory Inc. is no longer actively operating or has significantly scaled down its activities to a point of dormancy.
What caused the significant decline in revenue and assets?
The provided data does not specify the reasons for the decline, but the drop from over $250,000 in revenue in 2016 to $0 in the latest period suggests a major operational or funding challenge, or a decision to cease activities.
How did the organization manage its finances when it was active?
During its active years (2011-2016), School Factory Inc. generally managed its finances by keeping expenses close to or below revenue, as seen in 2016 where revenue was $253,982 and expenses were $227,212. It also consistently reported 0% officer compensation.
Filing History
IRS 990 filing history for School Factory Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2016), School Factory Inc's revenue has grown by 39.1%, moving from $183K to $254K. Total assets increased by 76.8% over the same period, from $36K to $64K. Total functional expenses rose by 43%, from $159K to $227K. In its most recent filing year (2016), School Factory Inc reported a surplus of $27K, with revenue exceeding expenses. The organization holds $12K in liabilities against $64K in assets (debt-to-asset ratio: 18.9%), resulting in net assets of $52K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $254K | $227K | $64K | $12K | — | — |
| 2014 | $513K | $487K | $103K | $59K | — | View 990 |
| 2013 | $445K | $349K | $124K | $12K | — | View 990 |
| 2012 | $236K | $241K | $37K | $20K | — | View 990 |
| 2011 | $183K | $159K | $36K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $254K, expenses of $227K, and assets of $64K (revenue -50.5% year-over-year).
- 2014: Revenue of $513K, expenses of $487K, and assets of $103K (revenue +15.3% year-over-year).
- 2013: Revenue of $445K, expenses of $349K, and assets of $124K (revenue +89.0% year-over-year).
- 2012: Revenue of $236K, expenses of $241K, and assets of $37K (revenue +29.0% year-over-year).
- 2011: Revenue of $183K, expenses of $159K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for School Factory Inc:
Data Sources and Methodology
This transparency report for School Factory 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.