Quick charity verification for Prince William Academy Inc (EIN: 201384709)
Verdict: Prince William Academy Inc appears trustworthy
75/100Mission Score
$1.7MRevenue
$0Assets
2Red Flags
4Strengths
Red Flags
Zero reported officer compensation for an organization with over $3M in revenue, which is highly unusual and warrants further investigation into how leadership is compensated or structured.
Lack of detailed expense breakdown in provided data, making it difficult to precisely assess program efficiency.
Strengths
Consistent revenue growth over the past decade, from $1.5M in 2015 to over $3M in 2024.
Positive net income in several years, including a significant surplus of $237,637 in 2024.
Consistent filing of IRS Form 990s over 13 periods, indicating regulatory compliance and transparency.
How Prince William Academy 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 Prince William Academy Inc
Is Prince William Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Prince William Academy Inc (EIN: 201384709) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Prince William Academy Inc a good charity to donate to?
Prince William Academy Inc has a Mission Score of 75/100. Revenue: $1.7M. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Prince William Academy Inc?
The Employer Identification Number (EIN) for Prince William Academy Inc is 201384709. 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 Prince William Academy Inc spend its money?
Prince William Academy Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Prince William Academy Inc's tax-exempt status?
You can verify Prince William Academy Inc's tax-exempt status using EIN 201384709 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
Prince William Academy Inc. demonstrates a generally stable financial position with consistent revenue generation over the past decade, ranging from $1.5 million to over $3 million. The organization has shown growth in its financial activity, with revenue increasing from $1,522,568 in 2015 to $3,027,596 in 2024. While the organization has experienced periods of net losses, such as in 2023 where expenses ($2,937,614) exceeded revenue ($2,755,489), it has also shown strong surpluses, like in 2024 with a $237,637 surplus. The consistent reporting of zero officer compensation across all available filings suggests a commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of financial stewardship. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.
The organization's asset base has fluctuated but shows a general upward trend, reaching $317,614 in 2024, indicating some capacity for future operations. The liabilities have remained relatively controlled, suggesting responsible financial management. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and transparency. However, the lack of specific expense category details in the provided data limits a deeper analysis of how efficiently funds are allocated to programs versus overhead. Further scrutiny of the full 990 forms would be necessary to fully evaluate spending efficiency and program impact.