University Preparation School Atcsu Channel Islands

Is University Preparation School Atcsu Channel Islands Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

University Preparation School Atcsu Channel Islands directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About University Preparation School Atcsu Channel Islands

University Preparation School Atcsu Channel Islands (EIN: 204734568) is a nonprofit organization based in Camarillo, CA, classified under NTEE code B29. The organization reported total revenue of $11.4M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of University Preparation School Atcsu Channel Islands's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates University Preparation School Atcsu Channel Islands with a Mission Score of 92 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, University Preparation School Atcsu Channel Islands 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size and suggests a strong commitment to directing funds towards its educational 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.

Strengths

The following positive indicators were identified for University Preparation School Atcsu Channel Islands:

• Consistent revenue growth, increasing from $5.5M in 2014 to $9.8M in 2023.
• Strong asset growth, more than doubling from $3.4M in 2014 to $7.0M in 2023.
• Consistent operational surpluses, with revenues generally exceeding expenses.
• Reported 0% officer compensation across all filings, indicating high efficiency and mission focus.
• Stable financial position with increasing net assets (Assets minus Liabilities).

Frequently Asked Questions about University Preparation School Atcsu Channel Islands

Filing History

IRS 990 filing history for University Preparation School Atcsu Channel Islands showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), University Preparation School Atcsu Channel Islands's revenue has grown by 95.3%, moving from $5.0M to $9.8M. Total assets increased by 273.1% over the same period, from $1.9M to $7.0M. Total functional expenses rose by 103.5%, from $4.6M to $9.3M. In its most recent filing year (2023), University Preparation School Atcsu Channel Islands reported a surplus of $476K, with revenue exceeding expenses. The organization holds $2.5M in liabilities against $7.0M in assets (debt-to-asset ratio: 34.9%), resulting in net assets of $4.6M.

Year-by-Year Financial Summary

• 2023: Revenue of $9.8M, expenses of $9.3M, and assets of $7.0M (revenue +12.7% year-over-year).
• 2022: Revenue of $8.7M, expenses of $8.2M, and assets of $5.2M (revenue +12.8% year-over-year).
• 2021: Revenue of $7.7M, expenses of $7.6M, and assets of $5.3M (revenue +4.0% year-over-year).
• 2020: Revenue of $7.4M, expenses of $7.6M, and assets of $5.1M (revenue -5.2% year-over-year).
• 2019: Revenue of $7.8M, expenses of $7.7M, and assets of $4.9M (revenue +7.4% year-over-year).
• 2018: Revenue of $7.3M, expenses of $7.4M, and assets of $4.7M (revenue +4.8% year-over-year).
• 2017: Revenue of $6.9M, expenses of $6.9M, and assets of $4.6M (revenue +2.2% year-over-year).
• 2016: Revenue of $6.8M, expenses of $6.3M, and assets of $4.4M (revenue +15.3% year-over-year).
• 2015: Revenue of $5.9M, expenses of $5.5M, and assets of $3.9M (revenue +6.2% year-over-year).
• 2014: Revenue of $5.5M, expenses of $5.2M, and assets of $3.4M (revenue +5.1% year-over-year).
• 2013: Revenue of $5.3M, expenses of $4.7M, and assets of $3.1M (revenue +1.8% year-over-year).
• 2012: Revenue of $5.2M, expenses of $4.8M, and assets of $2.6M (revenue +3.4% year-over-year).
• 2011: Revenue of $5.0M, expenses of $4.6M, and assets of $1.9M.

Data Sources and Methodology

This transparency report for University Preparation School Atcsu Channel Islands 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.