Is Youngstown Academy Of Excellence Legit?

Quick charity verification for Youngstown Academy Of Excellence (EIN: 202753423)

Verdict: Youngstown Academy Of Excellence appears trustworthy

75/100Mission Score

$4.0MRevenue

$4.7MAssets

3Red Flags

3Strengths

Red Flags

Consistent negative net assets (liabilities exceeding assets in all reported periods, e.g., $4,371,194 liabilities vs $3,618,693 assets in 202306).
Unclear nature of significant liabilities, which could impact long-term financial stability.
0% officer compensation reported across all filings, which may obscure actual executive remuneration.

Strengths

Consistent revenue growth over the past few years (from $2,121,962 in 202006 to $3,343,399 in 202306).
Strong program spending ratio, indicating a focus on its mission.
Increasing asset base over recent periods (from $690,123 in 202006 to $3,618,693 in 202306).

Spending Breakdown

How Youngstown Academy Of Excellence allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Youngstown Academy Of Excellence

Is Youngstown Academy Of Excellence a legitimate charity?

Based on AI analysis of IRS 990 filings, Youngstown Academy Of Excellence (EIN: 202753423) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is Youngstown Academy Of Excellence a good charity to donate to?

Youngstown Academy Of Excellence has a Mission Score of 75/100. Revenue: $4.0M. Assets: $4.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Youngstown Academy Of Excellence?

The Employer Identification Number (EIN) for Youngstown Academy Of Excellence is 202753423. 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 Youngstown Academy Of Excellence spend its money?

Youngstown Academy Of Excellence allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Youngstown Academy Of Excellence's tax-exempt status?

You can verify Youngstown Academy Of Excellence's tax-exempt status using EIN 202753423 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

Youngstown Academy Of Excellence demonstrates a consistent commitment to its program services, with a strong program spending ratio. For instance, in the 202306 period, the organization reported expenses of $2,774,440 against revenue of $3,343,399, indicating a significant portion of its budget is directed towards its mission. The organization's revenue has shown a positive growth trend over the past few years, increasing from $2,121,962 in 202006 to $3,343,399 in 202306, suggesting growing support or operational expansion.

However, a notable concern is the organization's persistent negative net assets, with liabilities consistently exceeding assets across all reported periods. For example, in 202306, assets were $3,618,693 while liabilities stood at $4,371,194, resulting in a deficit. This financial structure, while not uncommon for some types of organizations, warrants closer examination to understand its long-term sustainability and the nature of these liabilities. The consistent reporting of 0% officer compensation across all filings suggests either a volunteer-led executive team or that executive compensation is not reported in this specific field, which could impact transparency regarding leadership costs.

Despite the liability concerns, the academy's operational efficiency, as evidenced by its program spending, appears robust. The growth in assets from $690,123 in 202006 to $3,618,693 in 202306, alongside increasing revenue, indicates a growing capacity and operational scale. Further clarity on the nature of the liabilities would provide a more complete picture of its financial health and long-term viability.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.