Ypi Charter Schools Inc

Ypi Charter Schools Inc shows consistent revenue growth and significant asset accumulation with no reported officer compensation.

EIN: 200407224 · Granada Hills, CA · NTEE: B29 · Updated: 2026-03-28

$21.5MRevenue

$41.9MAssets

85/100Mission Score (Excellent)

B29

About Ypi Charter Schools Inc

Ypi Charter Schools Inc (EIN: 200407224) is a nonprofit organization based in Granada Hills, CA, classified under NTEE code B29. The organization reported total revenue of $21.5M and total assets of $41.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ypi Charter Schools Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Ypi Charter Schools Inc demonstrates consistent financial growth and strong asset accumulation over the past decade. In the latest filing (202306), the organization reported revenues of $17,886,749 against expenses of $17,858,302, indicating a near break-even operational year. While the organization's assets have grown significantly from $4,819,035 in 2014 to $41,570,308 in 2023, its liabilities have also increased, reaching $15,532,537 in 2023. This growth in assets and liabilities suggests significant capital investments, likely in facilities given its NTEE code for charter schools.

The organization appears to be financially stable, consistently managing its expenses close to its revenue, with occasional surpluses (e.g., 201906, 201806) contributing to asset growth. The absence of reported officer compensation across all filings is a notable aspect of its financial structure, potentially indicating a volunteer-led executive team or compensation being reported under other expense categories, which warrants further investigation for full transparency. Overall, the financial health appears robust, supporting its mission as a charter school.

Spending efficiency is generally good, with expenses closely tracking revenue. The lack of reported officer compensation could be a strength in terms of minimizing administrative overhead, assuming key leadership roles are filled effectively. However, without a detailed functional expense breakdown (program, administrative, fundraising), a precise assessment of spending efficiency is challenging. The consistent growth in assets suggests effective long-term financial planning and investment in its operational capacity.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ypi Charter Schools Inc with a Mission Score of 85 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, Ypi Charter Schools Inc 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is unusual for an entity of its size with revenues exceeding $17 million. This could indicate a volunteer executive leadership or that compensation is categorized differently, requiring further scrutiny for complete transparency.

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 Ypi Charter Schools Inc's IRS 990 filings:

Consistent 0% officer compensation reported, which is unusual for an organization of this size and could obscure true executive costs.
Lack of detailed functional expense breakdown in provided data makes precise spending efficiency analysis challenging.

Strengths

The following positive indicators were identified for Ypi Charter Schools Inc:

Strong and consistent revenue growth over the past decade, from $7.8 million in 2014 to $17.8 million in 2023.
Significant asset accumulation, growing from $4.8 million in 2014 to $41.5 million in 2023, indicating robust long-term investment.
Generally stable financial operations with expenses closely managed against revenue, leading to sustainable growth.
Mission-aligned NTEE code (B29 - Charter Schools) with financial data supporting operational capacity for educational services.

Frequently Asked Questions about Ypi Charter Schools Inc

How does Ypi Charter Schools Inc manage to report 0% officer compensation despite its significant revenue and asset base?

The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It suggests either a fully volunteer executive leadership, or that executive compensation is being reported under other expense categories (e.g., salaries and wages for non-officers, or as part of management fees if outsourced), which would impact the transparency of its administrative costs.

What is the primary driver behind the significant increase in assets from $4.8 million in 2014 to over $41 million in 2023?

The substantial growth in assets, particularly for a charter school, likely indicates significant investments in property, plant, and equipment, such as school buildings, facilities, and educational infrastructure. This aligns with the organization's mission to provide educational services and suggests expansion or improvement of its physical capacity.

What is the organization's strategy for managing its increasing liabilities, which reached $15.5 million in 2023?

The increase in liabilities, alongside asset growth, suggests that the organization is likely utilizing debt financing (e.g., mortgages, bonds) to fund its capital expenditures and expansion. A healthy debt-to-asset ratio is important, and while the assets significantly outweigh liabilities, understanding the terms and repayment schedules of these liabilities is crucial for long-term financial stability.

Filing History

IRS 990 filing history for Ypi Charter Schools Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Ypi Charter Schools Inc's revenue has grown by 190.7%, moving from $6.2M to $17.9M. Total assets increased by 1564.7% over the same period, from $2.5M to $41.6M. Total functional expenses rose by 195.7%, from $6.0M to $17.9M. In its most recent filing year (2023), Ypi Charter Schools Inc reported a surplus of $28K, with revenue exceeding expenses. The organization holds $15.5M in liabilities against $41.6M in assets (debt-to-asset ratio: 37.4%), resulting in net assets of $26.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$17.9M	$17.9M	$41.6M	$15.5M	—	View 990
2022	$16.7M	$16.6M	$38.9M	$12.9M	—	View 990
2021	$14.7M	$14.8M	$38.7M	$12.8M	—	View 990
2020	$13.5M	$14.4M	$37.5M	$11.4M	—	View 990
2019	$22.8M	$16.7M	$36.7M	$9.8M	—	View 990
2018	$27.9M	$15.1M	$33.3M	$12.7M	—	View 990
2017	$17.5M	$14.5M	$24.1M	$16.3M	—	View 990
2016	$13.4M	$12.2M	$6.3M	$1.5M	—	View 990
2015	$8.5M	$8.0M	$5.4M	$1.9M	—	View 990
2014	$7.9M	$6.8M	$4.8M	$1.8M	—	View 990
2013	$7.5M	$7.2M	$3.2M	$1.2M	—	View 990
2012	$7.1M	$6.9M	$2.9M	$1.3M	—	View 990
2011	$6.2M	$6.0M	$2.5M	$1.1M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $17.9M, expenses of $17.9M, and assets of $41.6M (revenue +7.2% year-over-year).
2022: Revenue of $16.7M, expenses of $16.6M, and assets of $38.9M (revenue +13.8% year-over-year).
2021: Revenue of $14.7M, expenses of $14.8M, and assets of $38.7M (revenue +8.2% year-over-year).
2020: Revenue of $13.5M, expenses of $14.4M, and assets of $37.5M (revenue -40.6% year-over-year).
2019: Revenue of $22.8M, expenses of $16.7M, and assets of $36.7M (revenue -18.3% year-over-year).
2018: Revenue of $27.9M, expenses of $15.1M, and assets of $33.3M (revenue +59.6% year-over-year).
2017: Revenue of $17.5M, expenses of $14.5M, and assets of $24.1M (revenue +30.6% year-over-year).
2016: Revenue of $13.4M, expenses of $12.2M, and assets of $6.3M (revenue +57.4% year-over-year).
2015: Revenue of $8.5M, expenses of $8.0M, and assets of $5.4M (revenue +8.2% year-over-year).
2014: Revenue of $7.9M, expenses of $6.8M, and assets of $4.8M (revenue +4.3% year-over-year).
2013: Revenue of $7.5M, expenses of $7.2M, and assets of $3.2M (revenue +5.9% year-over-year).
2012: Revenue of $7.1M, expenses of $6.9M, and assets of $2.9M (revenue +15.8% year-over-year).
2011: Revenue of $6.2M, expenses of $6.0M, and assets of $2.5M.

Data Sources and Methodology

This transparency report for Ypi Charter Schools 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.