Westminster Community Charter School
Westminster Community Charter School consistently operates with expenses exceeding revenue, drawing on substantial assets.
EIN: 201405355 · Buffalo, NY · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.7M |
| Total Expenses | $10.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8.7M |
| Net Assets | $7.6M |
| Transparency Score | 75/100 |
Is Westminster Community Charter School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Westminster Community Charter School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Westminster Community Charter School
Westminster Community Charter School (EIN: 201405355) is a nonprofit organization based in Buffalo, NY, classified under NTEE code B29. The organization reported total revenue of $8.7M and total assets of $13.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westminster Community Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westminster Community Charter School is a mid-size nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.9M |
| Total Expenses | $10.2M |
| Surplus / Deficit | $-2,227,001 |
| Total Assets | $13.6M |
| Total Liabilities | $6.0M |
| Net Assets | $7.6M |
| Operating Margin | -28.1% |
| Debt-to-Asset Ratio | 44.2% |
| Months of Reserves | 16.0 months |
Financial Health Grade: B
In 2023, Westminster Community Charter School reported a deficit of $2.2M with expenses exceeding revenue, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 44.2% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Westminster Community Charter School's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.0% | +7.2% | -7.6% |
| 2022 | -16.7% | +7.3% | -11.7% |
| 2021 | +7.8% | -8.3% | +2.2% |
| 2020 | +1.7% | +16.5% | +17.9% |
| 2018 | -2.9% | -7.7% | +13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Westminster Community Charter School with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Westminster Community Charter School allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 deficit of $2.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 44.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which is highly unusual for an organization of this size ($8.7M latest 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 Westminster Community Charter School's IRS 990 filings:
- Consistent operational deficits (e.g., $2.2M in 2023, $1.3M in 2022)
- Unusually low (0%) reported officer compensation for an organization of this size, potentially obscuring actual executive pay
- Liabilities have increased significantly over time, from $4.1M in 2016 to $5.9M in 2023
Strengths
The following positive indicators were identified for Westminster Community Charter School:
- Strong program focus as indicated by its NTEE code (B29 - Elementary & Secondary Education)
- Substantial asset base ($13.8M) providing financial cushion
- Consistent and timely IRS 990 filings (12 filings available) demonstrating transparency in reporting
- No reported officer compensation, suggesting resources are directed towards the mission
Frequently Asked Questions about Westminster Community Charter School
Is Westminster Community Charter School a legitimate charity?
Westminster Community Charter School (EIN: 201405355) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $8.7M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Westminster Community Charter School spend its money?
Westminster Community Charter School directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Westminster Community Charter School tax-deductible?
Westminster Community Charter School is registered as a tax-exempt nonprofit (EIN: 201405355). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Westminster Community Charter School CEO make?
Westminster Community Charter School's highest-compensated officer earns $8.7M annually. The organization reported $8.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Westminster Community Charter School's spending goes to programs?
Westminster Community Charter School directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Westminster Community Charter School compare to similar nonprofits?
With a transparency score of 75/100 (Good), Westminster Community Charter School is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Westminster Community Charter School located?
Westminster Community Charter School is headquartered in Buffalo, New York and files with the IRS under EIN 201405355. It is classified under NTEE code B29.
How many years of IRS 990 filings does Westminster Community Charter School have?
Westminster Community Charter School has 12 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 $8.7M in total revenue.
How does Westminster Community Charter School cover its recurring operational deficits?
The organization appears to cover its operational deficits, such as the $2.2 million deficit in 2023 ($10.1M expenses vs. $7.9M revenue), by drawing from its substantial asset base, which stood at $13.8 million in the latest period.
What is the actual executive compensation structure, given the 0% reported?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with nearly $9 million in annual revenue. This suggests that either the leadership is entirely volunteer, or compensation is reported under different categories (e.g., 'salaries and wages' for non-officer roles) that are not explicitly identified as officer compensation on the 990, warranting further inquiry.
Is the organization's asset growth sustainable given its operational deficits?
While assets have grown over time, the recurring operational deficits (e.g., $2.2M in 2023, $1.3M in 2022) indicate that the organization is spending more than it earns annually. Continued reliance on existing assets to cover these deficits is not sustainable long-term without a corresponding increase in revenue or reduction in expenses.
Filing History
IRS 990 filing history for Westminster Community Charter School showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Westminster Community Charter School's revenue has grown by 6.4%, moving from $7.5M to $7.9M. Total assets increased by 45.8% over the same period, from $9.3M to $13.6M. Total functional expenses rose by 39.1%, from $7.3M to $10.2M. In its most recent filing year (2023), Westminster Community Charter School reported a deficit of $2.2M, with expenses exceeding revenue. The organization holds $6.0M in liabilities against $13.6M in assets (debt-to-asset ratio: 44.2%), resulting in net assets of $7.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.9M | $10.2M | $13.6M | $6.0M | — | View 990 |
| 2022 | $8.1M | $9.5M | $14.7M | $5.1M | — | View 990 |
| 2021 | $9.7M | $8.8M | $16.6M | $7.5M | — | View 990 |
| 2020 | $9.0M | $9.6M | $16.3M | $7.8M | — | View 990 |
| 2018 | $8.8M | $8.3M | $13.8M | $5.9M | — | View 990 |
| 2017 | $9.1M | $9.0M | $12.2M | $5.0M | — | View 990 |
| 2016 | $8.4M | $8.4M | $11.3M | $4.1M | — | — |
| 2015 | $9.4M | $8.7M | $10.5M | $6.3M | — | — |
| 2014 | $7.9M | $8.7M | $9.2M | $5.8M | — | — |
| 2013 | $7.6M | $8.9M | $9.7M | $5.5M | — | — |
| 2012 | $7.4M | $7.4M | $9.4M | $1.4M | — | View 990 |
| 2011 | $7.5M | $7.3M | $9.3M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.9M, expenses of $10.2M, and assets of $13.6M (revenue -2.0% year-over-year).
- 2022: Revenue of $8.1M, expenses of $9.5M, and assets of $14.7M (revenue -16.7% year-over-year).
- 2021: Revenue of $9.7M, expenses of $8.8M, and assets of $16.6M (revenue +7.8% year-over-year).
- 2020: Revenue of $9.0M, expenses of $9.6M, and assets of $16.3M (revenue +1.7% year-over-year).
- 2018: Revenue of $8.8M, expenses of $8.3M, and assets of $13.8M (revenue -2.9% year-over-year).
- 2017: Revenue of $9.1M, expenses of $9.0M, and assets of $12.2M (revenue +8.2% year-over-year).
- 2016: Revenue of $8.4M, expenses of $8.4M, and assets of $11.3M (revenue -10.5% year-over-year).
- 2015: Revenue of $9.4M, expenses of $8.7M, and assets of $10.5M (revenue +18.7% year-over-year).
- 2014: Revenue of $7.9M, expenses of $8.7M, and assets of $9.2M (revenue +4.7% year-over-year).
- 2013: Revenue of $7.6M, expenses of $8.9M, and assets of $9.7M (revenue +2.9% year-over-year).
- 2012: Revenue of $7.4M, expenses of $7.4M, and assets of $9.4M (revenue -1.2% year-over-year).
- 2011: Revenue of $7.5M, expenses of $7.3M, and assets of $9.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westminster Community Charter School:
Data Sources and Methodology
This transparency report for Westminster Community Charter School 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.