Is Athenian Academy Of Technology And The Arts Incorporated Legit?
Quick charity verification for Athenian Academy Of Technology And The Arts Incorporated (EIN: 204983529)
Verdict: Athenian Academy Of Technology And The Arts Incorporated appears trustworthy
88/100Mission Score
$4.5MRevenue
$4.1MAssets
1Red Flags
5Strengths
Red Flags
Latest filing (202306) shows expenses ($3,907,162) exceeding revenue ($3,628,713) by $278,449, indicating a deficit for that period.
Strengths
Consistent revenue generation, with latest revenue at $4,474,295.
Significant asset growth, from $702,456 in 2017 to $4,141,002 currently.
0% officer compensation reported across all filings, indicating high efficiency in directing funds to mission.
Consistent filing of IRS Form 990s over 12 periods, demonstrating transparency and compliance.
Strong program focus implied by educational NTEE code and lack of executive compensation.
Spending Breakdown
How Athenian Academy Of Technology And The Arts Incorporated allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Athenian Academy Of Technology And The Arts Incorporated
Is Athenian Academy Of Technology And The Arts Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Athenian Academy Of Technology And The Arts Incorporated (EIN: 204983529) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
Is Athenian Academy Of Technology And The Arts Incorporated a good charity to donate to?
Athenian Academy Of Technology And The Arts Incorporated has a Mission Score of 88/100. Revenue: $4.5M. Assets: $4.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Athenian Academy Of Technology And The Arts Incorporated?
The Employer Identification Number (EIN) for Athenian Academy Of Technology And The Arts Incorporated is 204983529. 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 Athenian Academy Of Technology And The Arts Incorporated spend its money?
Athenian Academy Of Technology And The Arts Incorporated allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Athenian Academy Of Technology And The Arts Incorporated's tax-exempt status?
You can verify Athenian Academy Of Technology And The Arts Incorporated's tax-exempt status using EIN 204983529 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
Athenian Academy Of Technology And The Arts Incorporated demonstrates consistent financial operations, with revenues generally exceeding or closely matching expenses over the past decade. The organization's assets have shown significant growth, particularly between 2019 and 2020, jumping from $812,239 to $3,544,417, indicating substantial investment or asset acquisition. While the latest filing (Period 202306) shows expenses of $3,907,162 slightly exceeding revenue of $3,628,713, this is a minor deficit in the context of its overall financial stability and growing asset base of $3,803,855. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, enhancing its financial efficiency and transparency profile.
The organization's spending efficiency appears strong, with a significant portion of its expenses likely dedicated to program services, given its educational NTEE code (B29) and the absence of reported officer compensation. The growth in assets, from $702,456 in 2017 to $4,141,002 currently, suggests effective financial management and capacity building. The consistent filing of IRS Form 990s over 12 periods indicates a commitment to regulatory compliance and financial transparency, allowing stakeholders to track its financial performance over time. Overall, the academy appears to be a financially stable and transparent organization, effectively managing its resources to support its educational mission.