Is Championship Academy Of Distinction At Hollywood Inc Legit?

Quick charity verification for Championship Academy Of Distinction At Hollywood Inc (EIN: 202227983)

Verdict: Championship Academy Of Distinction At Hollywood Inc shows mixed signals

60/100Mission Score
$5.1MRevenue
$8.7MAssets
3Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How Championship Academy Of Distinction At Hollywood 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
5%
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 Championship Academy Of Distinction At Hollywood Inc

Is Championship Academy Of Distinction At Hollywood Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Championship Academy Of Distinction At Hollywood Inc (EIN: 202227983) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.

Is Championship Academy Of Distinction At Hollywood Inc a good charity to donate to?

Championship Academy Of Distinction At Hollywood Inc has a Mission Score of 60/100. Revenue: $5.1M. Assets: $8.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Championship Academy Of Distinction At Hollywood Inc?

The Employer Identification Number (EIN) for Championship Academy Of Distinction At Hollywood Inc is 202227983. 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 Championship Academy Of Distinction At Hollywood Inc spend its money?

Championship Academy Of Distinction At Hollywood Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Championship Academy Of Distinction At Hollywood Inc's tax-exempt status?

You can verify Championship Academy Of Distinction At Hollywood Inc's tax-exempt status using EIN 202227983 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

Championship Academy Of Distinction At Hollywood Inc demonstrates a concerning financial trend, particularly regarding its liabilities. While the organization's revenue has fluctuated, reaching $4,104,178 in 2023, its liabilities have significantly outpaced its assets in recent years. For example, in 2023, liabilities stood at $10,071,580 against assets of $9,211,353, indicating a negative net asset position. This trend is also evident in 2022, with liabilities of $10,140,350 against assets of $9,033,082. This suggests potential long-term financial instability and a reliance on debt or other obligations. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings is a positive indicator of responsible executive remuneration. The NTEE code B29 suggests a focus on elementary and secondary education, which typically involves high program costs. Without specific expense allocation, it's challenging to determine if the majority of spending directly supports its educational mission. Transparency regarding executive compensation is excellent, with no reported officer compensation. However, the lack of detailed expense breakdowns in the provided data limits a comprehensive assessment of spending efficiency and how effectively funds are being directed towards its mission. The significant and growing liabilities relative to assets are a major concern that warrants further investigation into the organization's financial management and long-term sustainability.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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