Academy At Riverdale Inc
Academy At Riverdale Inc. shows drastically reduced financial activity and expenses in recent years, with no officer compensation.
EIN: 113694335 · Little Rock, AR · NTEE: B99 · Updated: 2026-03-28
Is Academy At Riverdale Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Academy At Riverdale Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Academy At Riverdale Inc
Academy At Riverdale Inc (EIN: 113694335) is a nonprofit organization based in Little Rock, AR, classified under NTEE code B99. The organization reported total revenue of $0 and total assets of $146K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Academy At Riverdale Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Academy At Riverdale Inc is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -23.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $1K |
| Surplus / Deficit | +$34K |
| Total Assets | $146K |
| Net Assets | $146K |
| Operating Margin | 96.4% |
| Months of Reserves | 1375.0 months |
Financial Health Grade: A
In 2023, Academy At Riverdale Inc reported a surplus of $34K with revenue exceeding expenses, holds 1375.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Academy At Riverdale Inc's revenue has declined at a compound annual growth rate (CAGR) of -23.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.9% | -92.7% | +30.2% |
| 2022 | -56.8% | — | +13.5% |
| 2020 | -100.0% | -98.2% | -2.8% |
| 2019 | +171.7% | +332.8% | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Academy At Riverdale Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Academy At Riverdale Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is a strong positive for donor trust and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Academy At Riverdale Inc's IRS 990 filings:
- Drastic reduction in revenue and expenses over recent years, indicating a significant change in operational scale without clear explanation.
- Reporting $0 expenses in 2021 against $71,415 in revenue, which is an unusual financial reporting anomaly.
- Lack of detailed expense breakdown in the provided data makes it difficult to assess true spending efficiency.
Strengths
The following positive indicators were identified for Academy At Riverdale Inc:
- Consistent 0% officer compensation, demonstrating a commitment to directing funds away from executive salaries.
- Positive net assets in recent years, reaching $145,977 in 2023, indicating financial solvency.
- Very low expenses relative to revenue in 2023 ($1,274 expenses vs. $35,162 revenue), suggesting high efficiency if programs are still active.
Frequently Asked Questions about Academy At Riverdale Inc
Is Academy At Riverdale Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Academy At Riverdale Inc (EIN: 113694335) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Academy At Riverdale Inc spend its money?
Academy At Riverdale Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Academy At Riverdale Inc tax-deductible?
Academy At Riverdale Inc is registered as a tax-exempt nonprofit (EIN: 113694335). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant decrease in revenue and expenses from 2016 to 2023?
The organization's revenue dropped from $925,515 in 2016 to $35,162 in 2023, and expenses from $868,504 to $1,274 in the same period. This drastic reduction suggests a major change in operational scope or program delivery.
How did the organization manage to report $0 in expenses in 2021 while having $71,415 in revenue?
Reporting zero expenses against significant revenue is unusual and could indicate that all funds were held for future use, or that expenses were covered by other means not reflected in the 990, or an error in reporting.
What are the current programs and activities of Academy At Riverdale Inc. given its reduced financial scale?
With 2023 expenses at only $1,274, it's unclear what specific programs or services the organization is currently providing and at what capacity.
What is the nature of the assets held by the organization, which grew to $145,977 in 2023?
Understanding the composition of these assets (e.g., cash, investments, property) would provide insight into the organization's financial strategy and long-term stability, especially given the low operational expenses.
Filing History
IRS 990 filing history for Academy At Riverdale Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Academy At Riverdale Inc's revenue has declined by 96.2%, moving from $931K to $35K. Total assets increased by 23.6% over the same period, from $118K to $146K. Total functional expenses fell by 99.9%, from $1.0M to $1K. In its most recent filing year (2023), Academy At Riverdale Inc reported a surplus of $34K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $35K | $1K | $146K | $0 | — | — |
| 2022 | $31K | $18K | $112K | $0 | — | View 990 |
| 2021 | $71K | $0 | $99K | $0 | — | — |
| 2020 | $0 | $778 | $27K | $0 | — | View 990 |
| 2019 | $45K | $44K | $28K | $0 | — | View 990 |
| 2018 | $16K | $10K | $28K | $0 | — | View 990 |
| 2017 | $410K | $437K | $21K | $360 | — | View 990 |
| 2016 | $926K | $869K | $49K | $10K | — | View 990 |
| 2015 | $864K | $936K | $-17,304 | $16K | — | View 990 |
| 2014 | $971K | $997K | $58K | $20K | — | View 990 |
| 2013 | $988K | $1.4M | $101K | $37K | — | View 990 |
| 2012 | $1.0M | $1.1M | $75K | $25K | — | View 990 |
| 2011 | $931K | $1.0M | $118K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $35K, expenses of $1K, and assets of $146K (revenue +13.9% year-over-year).
- 2022: Revenue of $31K, expenses of $18K, and assets of $112K (revenue -56.8% year-over-year).
- 2021: Revenue of $71K, expenses of $0, and assets of $99K.
- 2020: Revenue of $0, expenses of $778, and assets of $27K (revenue -100.0% year-over-year).
- 2019: Revenue of $45K, expenses of $44K, and assets of $28K (revenue +171.7% year-over-year).
- 2018: Revenue of $16K, expenses of $10K, and assets of $28K (revenue -96.0% year-over-year).
- 2017: Revenue of $410K, expenses of $437K, and assets of $21K (revenue -55.7% year-over-year).
- 2016: Revenue of $926K, expenses of $869K, and assets of $49K (revenue +7.1% year-over-year).
- 2015: Revenue of $864K, expenses of $936K, and assets of $-17,304 (revenue -11.0% year-over-year).
- 2014: Revenue of $971K, expenses of $997K, and assets of $58K (revenue -1.7% year-over-year).
- 2013: Revenue of $988K, expenses of $1.4M, and assets of $101K (revenue -2.7% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.1M, and assets of $75K (revenue +9.2% year-over-year).
- 2011: Revenue of $931K, expenses of $1.0M, and assets of $118K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Academy At Riverdale Inc:
Data Sources and Methodology
This transparency report for Academy At Riverdale Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.