Quick charity verification for Logos Preparatory Academy (EIN: 200864550)
Verdict: Logos Preparatory Academy appears trustworthy
85/100Mission Score
$5.5MRevenue
$8.4MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed functional expense breakdown in provided data, limiting precise spending efficiency analysis.
Unusually consistent 0% officer compensation for an organization of this scale, which may obscure compensation practices if not volunteer-based.
Strengths
Consistent revenue growth, increasing from $2.8M in 2014 to $5.8M in 2024, indicating strong financial health.
Consistent operating surplus, with revenue significantly exceeding expenses (e.g., $5.8M revenue vs. $3.6M expenses in 2024).
Steady increase in assets over time, reaching $6.8M in 2024, demonstrating financial stability and capacity.
Low liabilities in recent years ($147,877 in 2024), indicating a healthy balance sheet.
Consistent IRS 990 filing history, demonstrating good transparency practices.
Spending Breakdown
How Logos Preparatory Academy 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 Logos Preparatory Academy
Is Logos Preparatory Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Logos Preparatory Academy (EIN: 200864550) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Logos Preparatory Academy a good charity to donate to?
Logos Preparatory Academy has a Mission Score of 85/100. Revenue: $5.5M. Assets: $8.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Logos Preparatory Academy?
The Employer Identification Number (EIN) for Logos Preparatory Academy is 200864550. 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 Logos Preparatory Academy spend its money?
Logos Preparatory Academy allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Logos Preparatory Academy's tax-exempt status?
You can verify Logos Preparatory Academy's tax-exempt status using EIN 200864550 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
Logos Preparatory Academy demonstrates a generally healthy financial position with consistent revenue growth over the past several years, increasing from $2,811,587 in 2014 to $5,868,416 in 2024. The organization consistently operates with a surplus, as evidenced by its 2024 revenue of $5,868,416 significantly exceeding expenses of $3,680,597. This surplus contributes to a steady increase in assets, reaching $6,883,861 in 2024, indicating sound financial management and capacity building.
The organization's spending efficiency appears strong, with expenses consistently lower than revenue. A notable aspect of its financial structure is the reported 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation on the 990, which enhances its perceived efficiency. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), a precise assessment of spending efficiency is limited. The organization's transparency is good in terms of consistent filing, but the lack of detailed functional expense data in the provided summary limits a deeper analysis of how funds are allocated across its mission, administration, and fundraising efforts.