Quick charity verification for Epic Academy (EIN: 208674711)
Verdict: Epic Academy appears trustworthy
92/100Mission Score
$5.7MRevenue
$3.8MAssets
1Red Flags
5Strengths
Red Flags
Expenses exceeded revenue in 2022 ($8,545,554 expenses vs. $7,963,887 revenue), indicating a temporary operating deficit.
Strengths
Consistent revenue growth over the past decade, from $5.3M in 2015 to $9.2M in 2023.
Strong asset accumulation, with assets more than doubling from $2.6M in 2015 to $5.4M in 2023.
Zero reported officer compensation across all 12 filings, indicating exceptional dedication to mission.
Generally well-managed expenses, staying below revenue in most years.
Consistent IRS 990 filing history, demonstrating good transparency.
Spending Breakdown
How Epic Academy allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Epic Academy
Is Epic Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Epic Academy (EIN: 208674711) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Epic Academy a good charity to donate to?
Epic Academy has a Mission Score of 92/100. Revenue: $5.7M. Assets: $3.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Epic Academy?
The Employer Identification Number (EIN) for Epic Academy is 208674711. 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 Epic Academy spend its money?
Epic Academy allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Epic Academy's tax-exempt status?
You can verify Epic Academy's tax-exempt status using EIN 208674711 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
Epic Academy demonstrates generally sound financial health with consistent revenue growth over the past decade, peaking at $9,279,727 in 2023. The organization has consistently maintained positive net assets, growing from $2,668,630 in 2015 to $5,420,825 in 2023, indicating a healthy accumulation of resources. While expenses have also risen, they have largely remained below revenue, with the exception of 2022 where expenses of $8,545,554 slightly exceeded revenue of $7,963,887. This suggests a generally sustainable operational model.
The organization's spending efficiency appears strong, as evidenced by the consistent reporting of 0% officer compensation across all available filings. This indicates that executive leadership is not drawing salaries from the organization, which is highly unusual for an organization of this size and suggests a strong commitment to directing funds towards its mission. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to precisely quantify efficiency in those areas, but the lack of executive compensation is a significant positive indicator.
Epic Academy's transparency is commendable given the consistent filing of IRS Form 990s over a long period, providing a clear historical financial record. The consistent reporting of 0% officer compensation across all filings is a notable aspect of their financial transparency, clearly indicating that no funds are allocated to executive salaries. This level of detail, combined with consistent financial growth and asset accumulation, paints a picture of a well-managed and financially responsible nonprofit.