Teach O Rea Preparatory Preschool
Teach O Rea Preparatory Preschool maintains strong financial health with growing assets and no executive compensation.
EIN: 208507403 · Stone Mtn, GA · NTEE: B21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $867K |
| Total Expenses | $747K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $802K |
| Transparency Score | 90/100 |
Is Teach O Rea Preparatory Preschool Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Teach O Rea Preparatory Preschool directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Teach O Rea Preparatory Preschool
Teach O Rea Preparatory Preschool (EIN: 208507403) is a nonprofit organization based in Stone Mtn, GA, classified under NTEE code B21. The organization reported total revenue of $867K and total assets of $802K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Teach O Rea Preparatory Preschool's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Teach O Rea Preparatory Preschool is a small nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $867K |
| Total Expenses | $747K |
| Surplus / Deficit | +$120K |
| Total Assets | $802K |
| Net Assets | $802K |
| Operating Margin | 13.8% |
| Months of Reserves | 12.9 months |
Financial Health Grade: A
In 2023, Teach O Rea Preparatory Preschool reported a surplus of $120K with revenue exceeding expenses, holds 12.9 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Teach O Rea Preparatory Preschool's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.2% | +3.6% | +18.2% |
| 2022 | +9.8% | +13.1% | +54.2% |
| 2021 | +24.0% | +10.1% | +25.4% |
| 2020 | +2.6% | -18.6% | +400.1% |
| 2019 | +5.7% | +3.7% | -24.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Teach O Rea Preparatory Preschool 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Teach O Rea Preparatory Preschool 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 surplus of $120K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with nearly $1 million in annual revenue and suggests a volunteer-led or very lean leadership structure.
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 Teach O Rea Preparatory Preschool's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which might warrant further inquiry into how leadership is sustained or compensated if not through direct salaries.
Strengths
The following positive indicators were identified for Teach O Rea Preparatory Preschool:
- Strong and growing asset base, reaching $802,309 in 2023.
- Consistent positive net income in recent years, indicating financial sustainability.
- Zero reported officer compensation across all filings, suggesting high efficiency in directing funds to programs.
- Minimal to no liabilities, with $0 reported in 2023, indicating excellent financial management and low debt.
- Consistent IRS 990 filing history (14 filings), demonstrating strong transparency and accountability.
Frequently Asked Questions about Teach O Rea Preparatory Preschool
Is Teach O Rea Preparatory Preschool a legitimate charity?
Teach O Rea Preparatory Preschool (EIN: 208507403) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $867K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Teach O Rea Preparatory Preschool spend its money?
Teach O Rea Preparatory Preschool directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Teach O Rea Preparatory Preschool tax-deductible?
Teach O Rea Preparatory Preschool is registered as a tax-exempt nonprofit (EIN: 208507403). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Teach O Rea Preparatory Preschool CEO make?
Teach O Rea Preparatory Preschool's highest-compensated officer earns $1 annually. The organization reported $867K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Teach O Rea Preparatory Preschool's spending goes to programs?
Teach O Rea Preparatory Preschool directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Teach O Rea Preparatory Preschool compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Teach O Rea Preparatory Preschool is above average for NTEE category B21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Teach O Rea Preparatory Preschool located?
Teach O Rea Preparatory Preschool is headquartered in Stone Mtn, Georgia and files with the IRS under EIN 208507403. It is classified under NTEE code B21.
How many years of IRS 990 filings does Teach O Rea Preparatory Preschool have?
Teach O Rea Preparatory Preschool has 14 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 $867K in total revenue.
Is Teach O Rea Preparatory Preschool a good charity?
Based on the available financial data, Teach O Rea Preparatory Preschool appears to be a very good charity. It demonstrates strong financial health with growing assets ($802,309 in 2023), consistent revenue, and a remarkable commitment to directing funds towards its mission by reporting 0% officer compensation across all filings. Its liabilities are minimal or non-existent, indicating sound financial management.
How has the organization's financial health changed over time?
Teach O Rea Preparatory Preschool has shown significant financial improvement and growth. Assets have steadily increased from $70,224 in 2019 to $802,309 in 2023. Revenue has been consistently strong, generally ranging between $600,000 and $900,000 annually, and expenses have been well-managed, leading to positive net income in most recent years.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all 14 available IRS 990 filings. This indicates a highly unusual and commendable approach where no salaries are paid to its executive leadership, suggesting a volunteer-driven model or that leadership roles are compensated through other means not classified as officer compensation.
Filing History
IRS 990 filing history for Teach O Rea Preparatory Preschool showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Teach O Rea Preparatory Preschool's revenue has grown by 72.3%, moving from $503K to $867K. Total assets increased by 3852.3% over the same period, from $20K to $802K. Total functional expenses rose by 50.4%, from $497K to $747K. In its most recent filing year (2023), Teach O Rea Preparatory Preschool reported a surplus of $120K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $867K | $747K | $802K | $0 | — | — |
| 2022 | $965K | $721K | $679K | $3K | — | View 990 |
| 2021 | $879K | $638K | $440K | $2K | — | View 990 |
| 2020 | $708K | $579K | $351K | $154K | — | — |
| 2019 | $690K | $712K | $70K | $2K | — | — |
| 2018 | $653K | $686K | $93K | $3K | — | View 990 |
| 2017 | $704K | $665K | $131K | $7K | — | View 990 |
| 2016 | $724K | $690K | $92K | $7K | — | View 990 |
| 2015 | $693K | $692K | $54K | $3K | — | View 990 |
| 2014 | $634K | $609K | $61K | $6K | — | View 990 |
| 2013 | $573K | $553K | $36K | $11K | — | View 990 |
| 2012 | $525K | $525K | $9K | $3K | — | View 990 |
| 2011 | $468K | $478K | $11K | $5K | — | View 990 |
| 2010 | $503K | $497K | $20K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $867K, expenses of $747K, and assets of $802K (revenue -10.2% year-over-year).
- 2022: Revenue of $965K, expenses of $721K, and assets of $679K (revenue +9.8% year-over-year).
- 2021: Revenue of $879K, expenses of $638K, and assets of $440K (revenue +24.0% year-over-year).
- 2020: Revenue of $708K, expenses of $579K, and assets of $351K (revenue +2.6% year-over-year).
- 2019: Revenue of $690K, expenses of $712K, and assets of $70K (revenue +5.7% year-over-year).
- 2018: Revenue of $653K, expenses of $686K, and assets of $93K (revenue -7.4% year-over-year).
- 2017: Revenue of $704K, expenses of $665K, and assets of $131K (revenue -2.7% year-over-year).
- 2016: Revenue of $724K, expenses of $690K, and assets of $92K (revenue +4.4% year-over-year).
- 2015: Revenue of $693K, expenses of $692K, and assets of $54K (revenue +9.3% year-over-year).
- 2014: Revenue of $634K, expenses of $609K, and assets of $61K (revenue +10.7% year-over-year).
- 2013: Revenue of $573K, expenses of $553K, and assets of $36K (revenue +9.1% year-over-year).
- 2012: Revenue of $525K, expenses of $525K, and assets of $9K (revenue +12.3% year-over-year).
- 2011: Revenue of $468K, expenses of $478K, and assets of $11K (revenue -7.0% year-over-year).
- 2010: Revenue of $503K, expenses of $497K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Teach O Rea Preparatory Preschool:
Data Sources and Methodology
This transparency report for Teach O Rea Preparatory Preschool 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.