Quick charity verification for Westside Academy Inc (EIN: 202232631)
Verdict: Westside Academy Inc appears trustworthy
70/100Mission Score
$4.5MRevenue
$9.3MAssets
3Red Flags
3Strengths
Red Flags
Expenses exceeding revenue in multiple periods (e.g., 202306, 201706), indicating potential operational deficits.
High liabilities ($9,038,357 in 202306) relative to assets ($9,167,929 in 202306), suggesting a high debt-to-asset ratio.
Consistent reporting of 0% officer compensation, which is unusual for an organization of this scale and warrants further investigation into how leadership is compensated or structured.
Strengths
Significant growth in revenue and assets over the past decade, demonstrating expanding operations and capacity.
Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds towards programs if accurate and sustainable.
Long filing history (13 filings), suggesting established operations and compliance.
Spending Breakdown
How Westside Academy Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Westside Academy Inc
Is Westside Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Westside Academy Inc (EIN: 202232631) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Westside Academy Inc a good charity to donate to?
Westside Academy Inc has a Mission Score of 70/100. Revenue: $4.5M. Assets: $9.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Westside Academy Inc?
The Employer Identification Number (EIN) for Westside Academy Inc is 202232631. 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 Westside Academy Inc spend its money?
Westside Academy Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Westside Academy Inc's tax-exempt status?
You can verify Westside Academy Inc's tax-exempt status using EIN 202232631 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
Westside Academy Inc. demonstrates a consistent growth trajectory in revenue and assets over the past decade, with latest revenue at $4,501,832 and assets at $9,306,239. However, the most recent filing (202306) shows expenses ($4,699,610) exceeding revenue ($4,265,366), resulting in a deficit for that period. This trend of expenses sometimes outpacing revenue is visible in other years as well (e.g., 201706). The organization's liabilities have also grown significantly, reaching $9,038,357 in 202306, which is very close to its total assets, indicating a high debt-to-asset ratio. While the organization has consistently reported 0% officer compensation, which is a positive for resource allocation, the financial stability is somewhat concerning due to the recurring deficits and high liabilities relative to assets.