0% officer compensation reported across all filings, which is unusual for an organization of its size and could be a transparency concern if compensation was indeed paid but not reported in this category.
Strengths
No reported officer compensation, which could indicate a highly volunteer-driven leadership if accurate.
Spending Breakdown
How Prestige Academy Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Prestige Academy Inc
Is Prestige Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Prestige Academy Inc (EIN: 208285385) has notable concerns. Mission Score: 30/100. 4 red flags identified, 1 strength noted.
Is Prestige Academy Inc a good charity to donate to?
Prestige Academy Inc has a Mission Score of 30/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Prestige Academy Inc?
The Employer Identification Number (EIN) for Prestige Academy Inc is 208285385. 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 Prestige Academy Inc spend its money?
Prestige Academy Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Prestige Academy Inc's tax-exempt status?
You can verify Prestige Academy Inc's tax-exempt status using EIN 208285385 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
Prestige Academy Inc. appears to be a defunct organization, as its latest filing shows $0 in revenue and assets. Historically, the organization operated with revenues ranging from approximately $2.9 million to $4.2 million between 2011 and 2016. During this period, expenses often exceeded revenue, as seen in 2016 where expenses were $3,858,599 against revenues of $3,448,466, indicating a consistent deficit. The organization's liabilities frequently exceeded its assets, for example, in 2016, liabilities were $3,929,325 compared to assets of $3,027,239, suggesting potential financial instability over its operational years. The consistent reporting of 0% officer compensation across all available filings indicates either a fully volunteer-run leadership or that compensation was not reported in this category, which could impact transparency assessment.