Academy For Global Citizenship Charter School
Academy For Global Citizenship Charter School shows robust financial growth and no reported executive compensation.
EIN: 113748466 · Chicago, IL · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.3M |
| Total Expenses | $7.3M |
| Program Spending | 90% |
| Net Assets | $41.5M |
| Transparency Score | 95/100 |
Is Academy For Global Citizenship Charter School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Academy For Global Citizenship Charter School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Academy For Global Citizenship Charter School
Academy For Global Citizenship Charter School (EIN: 113748466) is a nonprofit organization based in Chicago, IL, classified under NTEE code B29. The organization reported total revenue of $16.3M and total assets of $43.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Academy For Global Citizenship Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Academy For Global Citizenship Charter School is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31.8M |
| Total Expenses | $7.3M |
| Surplus / Deficit | +$24.5M |
| Total Assets | $45.3M |
| Total Liabilities | $3.8M |
| Net Assets | $41.5M |
| Operating Margin | 77.2% |
| Debt-to-Asset Ratio | 8.3% |
| Months of Reserves | 74.9 months |
Financial Health Grade: A
In 2023, Academy For Global Citizenship Charter School reported a surplus of $24.5M with revenue exceeding expenses, holds 74.9 months of operating reserves (strong position), has a debt-to-asset ratio of 8.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Academy For Global Citizenship Charter School's revenue has grown at a compound annual growth rate (CAGR) of 23.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +84.2% | +6.3% | +11.2% |
| 2022 | +111.3% | +13.1% | +239.9% |
| 2021 | +32.8% | +5.6% | +58.6% |
| 2020 | +10.7% | +4.5% | +20.4% |
| 2019 | -11.7% | +9.5% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 For Global Citizenship Charter School with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Academy For Global Citizenship Charter School allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 $24.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits were paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of this size and revenue, suggesting either volunteer leadership or compensation being reported in other categories.
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 For Global Citizenship Charter School's IRS 990 filings:
- Unusually low reported expenses relative to revenue in 202306 ($7.2M expenses vs $31.7M revenue), which might indicate significant capital investments not fully expensed or large restricted funds.
- Consistent 0% officer compensation for an organization of this scale, which warrants further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Academy For Global Citizenship Charter School:
- Exceptional revenue growth, from $4.9M in 201406 to $31.7M in 202306.
- Strong asset accumulation, reaching $45.2M in 202306, indicating robust financial health and capacity.
- Consistent positive net income (revenue exceeding expenses) across multiple years.
- No reported officer compensation, suggesting a highly mission-driven or volunteer-led executive structure.
- Significant reduction in liabilities from $23.7M in 202206 to $3.7M in 202306, demonstrating effective debt management.
Frequently Asked Questions about Academy For Global Citizenship Charter School
Is Academy For Global Citizenship Charter School a legitimate charity?
Academy For Global Citizenship Charter School (EIN: 113748466) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $16.3M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Academy For Global Citizenship Charter School spend its money?
Academy For Global Citizenship Charter School directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Academy For Global Citizenship Charter School tax-deductible?
Academy For Global Citizenship Charter School is registered as a tax-exempt nonprofit (EIN: 113748466). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Academy For Global Citizenship Charter School's spending goes to programs?
Academy For Global Citizenship Charter School directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Academy For Global Citizenship Charter School compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Academy For Global Citizenship Charter School is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Academy For Global Citizenship Charter School located?
Academy For Global Citizenship Charter School is headquartered in Chicago, Illinois and files with the IRS under EIN 113748466. It is classified under NTEE code B29.
How many years of IRS 990 filings does Academy For Global Citizenship Charter School have?
Academy For Global Citizenship Charter School has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $16.3M in total revenue.
Is Academy For Global Citizenship Charter School a good charity?
Based on its financial data, the Academy For Global Citizenship Charter School appears to be a very well-managed organization. It demonstrates strong financial health, significant asset growth, and a high proportion of spending likely directed towards its educational programs, with no reported executive compensation.
Why is there no officer compensation reported?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization with revenues exceeding $30 million. This could indicate that leadership roles are filled by volunteers, or that compensation for key personnel is categorized differently within the financial statements, such as under general salaries and wages, rather than specifically as officer compensation.
How has the organization's financial health changed over time?
The organization has experienced remarkable financial growth, with revenue increasing from $4,912,423 in 201406 to $31,798,689 in 202306, and assets growing from $3,096,505 to $45,297,912 over the same period. This indicates a strong and improving financial position.
What caused the significant increase in liabilities in 202206?
In 202206, liabilities increased substantially to $23,750,334 from $3,542,325 in the prior year. This could be due to significant capital projects, such as facility expansion or new construction, which is common for charter schools, especially given the concurrent increase in assets. The subsequent decrease in liabilities in 202306 suggests these were likely short-term or project-specific obligations that were managed effectively.
Filing History
IRS 990 filing history for Academy For Global Citizenship Charter School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Academy For Global Citizenship Charter School's revenue has grown by 1148.3%, moving from $2.5M to $31.8M. Total assets increased by 5715.8% over the same period, from $779K to $45.3M. Total functional expenses rose by 206%, from $2.4M to $7.3M. In its most recent filing year (2023), Academy For Global Citizenship Charter School reported a surplus of $24.5M, with revenue exceeding expenses. The organization holds $3.8M in liabilities against $45.3M in assets (debt-to-asset ratio: 8.3%), resulting in net assets of $41.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31.8M | $7.3M | $45.3M | $3.8M | — | View 990 |
| 2022 | $17.3M | $6.8M | $40.7M | $23.8M | — | View 990 |
| 2021 | $8.2M | $6.0M | $12.0M | $3.5M | — | View 990 |
| 2020 | $6.1M | $5.7M | $7.6M | $1.3M | — | View 990 |
| 2019 | $5.6M | $5.5M | $6.3M | $408K | — | View 990 |
| 2018 | $6.3M | $5.0M | $6.2M | $406K | — | View 990 |
| 2017 | $5.2M | $4.8M | $4.8M | $335K | — | View 990 |
| 2016 | $5.1M | $4.7M | $4.6M | $430K | — | View 990 |
| 2015 | $5.4M | $4.4M | $4.1M | $273K | — | View 990 |
| 2014 | $4.9M | $3.8M | $3.1M | $219K | — | View 990 |
| 2013 | $4.3M | $3.1M | $1.9M | $213K | — | View 990 |
| 2012 | $3.0M | $3.0M | $794K | $207K | — | View 990 |
| 2011 | $2.5M | $2.4M | $779K | $173K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31.8M, expenses of $7.3M, and assets of $45.3M (revenue +84.2% year-over-year).
- 2022: Revenue of $17.3M, expenses of $6.8M, and assets of $40.7M (revenue +111.3% year-over-year).
- 2021: Revenue of $8.2M, expenses of $6.0M, and assets of $12.0M (revenue +32.8% year-over-year).
- 2020: Revenue of $6.1M, expenses of $5.7M, and assets of $7.6M (revenue +10.7% year-over-year).
- 2019: Revenue of $5.6M, expenses of $5.5M, and assets of $6.3M (revenue -11.7% year-over-year).
- 2018: Revenue of $6.3M, expenses of $5.0M, and assets of $6.2M (revenue +22.1% year-over-year).
- 2017: Revenue of $5.2M, expenses of $4.8M, and assets of $4.8M (revenue +2.0% year-over-year).
- 2016: Revenue of $5.1M, expenses of $4.7M, and assets of $4.6M (revenue -5.6% year-over-year).
- 2015: Revenue of $5.4M, expenses of $4.4M, and assets of $4.1M (revenue +9.0% year-over-year).
- 2014: Revenue of $4.9M, expenses of $3.8M, and assets of $3.1M (revenue +15.4% year-over-year).
- 2013: Revenue of $4.3M, expenses of $3.1M, and assets of $1.9M (revenue +41.5% year-over-year).
- 2012: Revenue of $3.0M, expenses of $3.0M, and assets of $794K (revenue +18.1% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.4M, and assets of $779K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Academy For Global Citizenship Charter School:
Data Sources and Methodology
This transparency report for Academy For Global Citizenship Charter School 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.