Is Doane Academy Legit?

Quick charity verification for Doane Academy (EIN: 210634575)

Verdict: Doane Academy appears trustworthy

85/100Mission Score
$9.9MRevenue
$43.0MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Doane Academy demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $43,048,833 in the latest filing. While revenue has fluctuated, notably a spike in 2015 to $22,504,943, it has largely remained between $6 million and $11 million in recent years. The organization has shown a pattern of operating deficits in some years, such as 2023 where expenses ($8,681,874) exceeded revenue ($7,240,090), and 2021 where expenses ($7,142,898) also surpassed revenue ($6,582,425). However, these deficits appear to be managed, as overall assets continue to grow. The consistent reporting of 0% for officer compensation across all available filings suggests a high degree of transparency regarding executive pay, indicating that no compensation is reported for officers, directors, trustees, or key employees on Part VII of the Form 990.

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Disclaimer

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

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