Schoolhouse Supplies Inc
Schoolhouse Supplies Inc shows strong financial growth and zero officer compensation, directing resources to programs.
EIN: 204223437 · Portland, OR · NTEE: B12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.2M |
| Total Expenses | $5.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $2.6M |
| Transparency Score | 95/100 |
Is Schoolhouse Supplies Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Schoolhouse Supplies Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Schoolhouse Supplies Inc
Schoolhouse Supplies Inc (EIN: 204223437) is a nonprofit organization based in Portland, OR, classified under NTEE code B12. The organization reported total revenue of $7.2M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Schoolhouse Supplies Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Schoolhouse Supplies Inc is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.4M |
| Total Expenses | $5.6M |
| Surplus / Deficit | +$846K |
| Total Assets | $2.7M |
| Total Liabilities | $26K |
| Net Assets | $2.6M |
| Operating Margin | 13.1% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 5.7 months |
Financial Health Grade: A
In 2023, Schoolhouse Supplies Inc reported a surplus of $846K with revenue exceeding expenses, holds 5.7 months of operating reserves (adequate), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Schoolhouse Supplies Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +79.5% | +72.6% | +46.9% |
| 2022 | +19.7% | -5.1% | +23.3% |
| 2021 | -16.8% | +6.9% | -24.0% |
| 2020 | +7.0% | -5.1% | +31.9% |
| 2019 | -15.7% | -5.5% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
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 Schoolhouse Supplies Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Schoolhouse Supplies Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $846K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not drawing salaries from the organization, which is highly commendable for an organization of its size with recent revenues exceeding $6 million.
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.
Strengths
The following positive indicators were identified for Schoolhouse Supplies Inc:
- Consistent 0% officer compensation across all filings, indicating strong dedication to mission.
- Significant revenue growth from $3.58M in 2022 to $6.43M in 2023, showing increasing support.
- Strong asset growth from $1.81M in 2022 to $2.67M in 2023, enhancing organizational capacity.
- Very low liabilities relative to assets, demonstrating sound financial management and stability.
- Long history of IRS 990 filings (13 filings), indicating transparency and consistent reporting.
Frequently Asked Questions about Schoolhouse Supplies Inc
Is Schoolhouse Supplies Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Schoolhouse Supplies Inc (EIN: 204223437) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Schoolhouse Supplies Inc spend its money?
Schoolhouse Supplies Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Schoolhouse Supplies Inc tax-deductible?
Schoolhouse Supplies Inc is registered as a tax-exempt nonprofit (EIN: 204223437). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Schoolhouse Supplies Inc CEO make?
Schoolhouse Supplies Inc's highest-compensated officer earns $6 annually. The organization reported $7.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Schoolhouse Supplies Inc's spending goes to programs?
Schoolhouse Supplies Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Schoolhouse Supplies Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Schoolhouse Supplies Inc is above average for NTEE category B12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Schoolhouse Supplies Inc located?
Schoolhouse Supplies Inc is headquartered in Portland, Oregon and files with the IRS under EIN 204223437. It is classified under NTEE code B12.
How many years of IRS 990 filings does Schoolhouse Supplies Inc have?
Schoolhouse Supplies 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 $7.2M in total revenue.
Is Schoolhouse Supplies Inc a good charity?
Yes, Schoolhouse Supplies Inc appears to be a very good charity. Its consistent financial growth, low liabilities, and especially its 0% officer compensation across all reported years demonstrate strong financial health, efficient resource allocation, and a clear dedication to its mission.
How has Schoolhouse Supplies Inc's revenue changed recently?
Schoolhouse Supplies Inc has experienced significant revenue growth, increasing from $3,583,188 in the 2022 fiscal period to $6,433,510 in the 2023 fiscal period, indicating growing support and operational scale.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, meaning no salaries are paid to its officers, which is an exceptional indicator of its commitment to directing funds to its programs.
How do their assets compare to their liabilities?
Schoolhouse Supplies Inc maintains a very healthy balance sheet, with assets significantly outweighing liabilities. For example, in 2023, assets were $2,670,565 while liabilities were only $26,032, indicating strong financial stability.
Filing History
IRS 990 filing history for Schoolhouse Supplies Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Schoolhouse Supplies Inc's revenue has grown by 200.5%, moving from $2.1M to $6.4M. Total assets increased by 111.6% over the same period, from $1.3M to $2.7M. Total functional expenses rose by 194.7%, from $1.9M to $5.6M. In its most recent filing year (2023), Schoolhouse Supplies Inc reported a surplus of $846K, with revenue exceeding expenses. The organization holds $26K in liabilities against $2.7M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.4M | $5.6M | $2.7M | $26K | — | View 990 |
| 2022 | $3.6M | $3.2M | $1.8M | $19K | — | View 990 |
| 2021 | $3.0M | $3.4M | $1.5M | $22K | — | View 990 |
| 2020 | $3.6M | $3.2M | $1.9M | $71K | — | View 990 |
| 2019 | $3.4M | $3.4M | $1.5M | $12K | — | View 990 |
| 2018 | $4.0M | $3.6M | $1.5M | $20K | — | View 990 |
| 2017 | $3.2M | $2.9M | $1.0M | $16K | — | View 990 |
| 2016 | $3.4M | $3.5M | $732K | $10K | — | View 990 |
| 2015 | $3.7M | $3.8M | $844K | $3K | — | View 990 |
| 2014 | $2.9M | $3.0M | $1.0M | $60K | — | View 990 |
| 2013 | $3.2M | $3.2M | $1.2M | $133K | — | View 990 |
| 2012 | $2.8M | $2.9M | $1.2M | $32K | — | View 990 |
| 2011 | $2.1M | $1.9M | $1.3M | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.4M, expenses of $5.6M, and assets of $2.7M (revenue +79.5% year-over-year).
- 2022: Revenue of $3.6M, expenses of $3.2M, and assets of $1.8M (revenue +19.7% year-over-year).
- 2021: Revenue of $3.0M, expenses of $3.4M, and assets of $1.5M (revenue -16.8% year-over-year).
- 2020: Revenue of $3.6M, expenses of $3.2M, and assets of $1.9M (revenue +7.0% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.4M, and assets of $1.5M (revenue -15.7% year-over-year).
- 2018: Revenue of $4.0M, expenses of $3.6M, and assets of $1.5M (revenue +23.9% year-over-year).
- 2017: Revenue of $3.2M, expenses of $2.9M, and assets of $1.0M (revenue -5.4% year-over-year).
- 2016: Revenue of $3.4M, expenses of $3.5M, and assets of $732K (revenue -7.5% year-over-year).
- 2015: Revenue of $3.7M, expenses of $3.8M, and assets of $844K (revenue +28.8% year-over-year).
- 2014: Revenue of $2.9M, expenses of $3.0M, and assets of $1.0M (revenue -10.7% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.2M, and assets of $1.2M (revenue +15.6% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.9M, and assets of $1.2M (revenue +29.3% year-over-year).
- 2011: Revenue of $2.1M, expenses of $1.9M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Schoolhouse Supplies Inc:
Data Sources and Methodology
This transparency report for Schoolhouse Supplies 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.