Is Amana Academy Inc Legit?

Strengths

Consistent and significant revenue growth over the past decade, from $5.45M in 2014 to $15.82M in 2023.
Generally positive net income, with revenues exceeding expenses in most recent years (e.g., $15.82M revenue vs. $14.21M expenses in 2023).
Steady growth in assets, indicating increasing capacity and resources for its mission (from $9.37M in 2014 to $19.97M in 2023).

Spending Breakdown

How Amana Academy Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Amana Academy Inc

Is Amana Academy Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Amana Academy Inc (EIN: 161675588) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Amana Academy Inc a good charity to donate to?

Amana Academy Inc has a Mission Score of 75/100. Revenue: $15.1M. Assets: $19.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Amana Academy Inc?

The Employer Identification Number (EIN) for Amana Academy Inc is 161675588. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Amana Academy Inc spend its money?

Amana Academy Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Amana Academy Inc's tax-exempt status?

You can verify Amana Academy Inc's tax-exempt status using EIN 161675588 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Amana Academy Inc. demonstrates a consistent pattern of growth in both revenue and assets over the past decade, with revenue increasing from $5.45 million in 2014 to $15.82 million in 2023. The organization generally operates with a positive net income, as seen in the 2023 fiscal year where revenue of $15,816,938 exceeded expenses of $14,206,336. However, a notable concern is the organization's liabilities consistently exceeding its assets, indicating a potential reliance on debt or specific funding structures that warrant closer examination. For instance, in 2023, assets were $19,967,704 while liabilities stood at $21,080,146.

The organization's spending efficiency appears to be reasonable, though a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data. The absence of reported officer compensation across all filings suggests either a volunteer leadership structure or that compensation is reported under other expense categories, which could impact transparency regarding executive pay. The consistent growth in financial scale suggests effective management of increasing operational demands.

Overall, Amana Academy Inc. appears to be a growing and financially stable organization in terms of its operational revenue and asset accumulation. The primary area for further scrutiny is the persistent negative net asset position (liabilities exceeding assets), which could indicate long-term financial commitments or specific accounting practices related to its NTEE code (B29 - Elementary & Secondary Education). Transparency regarding the nature of these liabilities and a detailed functional expense breakdown would further enhance understanding of its financial health.

Verdict: Amana Academy Inc appears trustworthy

Red Flags