Academy For Teaching & Learning Of The Chester County School Disrict

Chester County School District Academy shows consistent operations with growing assets and no executive compensation, but significant liabilities warrant attention.

EIN: 134302352 · Chester, SC · NTEE: B29 · Updated: 2026-03-28

$3.5MRevenue

$10.7MAssets

90/100Mission Score (Excellent)

B29

About Academy For Teaching & Learning Of The Chester County School Disrict

Academy For Teaching & Learning Of The Chester County School Disrict (EIN: 134302352) is a nonprofit organization based in Chester, SC, classified under NTEE code B29. The organization reported total revenue of $3.5M and total assets of $10.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Academy For Teaching & Learning Of The Chester County School Disrict's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Academy For Teaching & Learning Of The Chester County School District demonstrates consistent financial activity, with revenues and expenses generally in close alignment over the past decade. In the latest filing (202306), the organization reported revenues of $3,468,416 against expenses of $3,378,459, indicating a slight surplus. A notable trend is the significant increase in assets, growing from $3,405,935 in 2014 to $10,725,713 in 2023, while liabilities have also fluctuated, reaching $8,335,642 in 2023. The organization consistently reports 0% officer compensation, which is a strong indicator of efficient use of funds for its mission rather than executive salaries.

However, the substantial increase in liabilities, particularly the jump from $6,206,626 in 2021 to $10,853,950 in 2022, and then a decrease to $8,335,642 in 2023, warrants closer examination to understand the nature of these obligations and their impact on long-term financial stability. While assets have grown, the high proportion of liabilities relative to assets in some periods (e.g., 2022 where liabilities exceeded assets) suggests potential reliance on debt or specific funding structures. The consistent reporting of 0% officer compensation across all filings indicates a high degree of transparency regarding executive pay, as there is none to report.

Overall, the organization appears to be financially stable with growing assets, but the liability structure requires further scrutiny. The absence of officer compensation is a significant positive for spending efficiency and transparency, suggesting that funds are directly channeled into programmatic activities. The consistent revenue and expense figures over time suggest predictable operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Academy For Teaching & Learning Of The Chester County School Disrict with a Mission Score of 90 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: 0%
programs: 100%
fundraising: 0%

According to IRS 990 filings, Academy For Teaching & Learning Of The Chester County School Disrict allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no funds are allocated to officer salaries, which is highly unusual for an organization of this size with over $3 million in annual revenue.

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 Teaching & Learning Of The Chester County School Disrict's IRS 990 filings:

High liabilities relative to assets in some periods (e.g., 2022 where liabilities exceeded assets by a significant margin, $10,853,950 vs $6,191,500).
Unusually low (0%) reported administrative and fundraising expenses, which might indicate these costs are embedded within program expenses or handled by the school district directly, potentially obscuring true operational overhead.

Strengths

The following positive indicators were identified for Academy For Teaching & Learning Of The Chester County School Disrict:

Consistent revenue generation, with latest revenue at $3,468,416.
Strong program spending, as indicated by 0% officer compensation and implied direct allocation of funds to mission.
Significant growth in assets, reaching $10,725,713 in 2023.
Excellent transparency regarding executive compensation, reporting 0% across all filings.

Frequently Asked Questions about Academy For Teaching & Learning Of The Chester County School Disrict

Is the Academy For Teaching & Learning Of The Chester County School District financially stable?

The organization shows consistent revenue and expense patterns, and assets have grown significantly to $10,725,713 in 2023. However, liabilities are also substantial at $8,335,642, which could impact long-term stability depending on their nature.

How does the organization manage its executive compensation?

The organization reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers, which is a strong indicator of funds being directed entirely to its mission.

What explains the significant increase in assets and liabilities in recent years?

Assets increased from $4,524,283 in 2021 to $10,725,713 in 2023, while liabilities also saw a large jump from $6,206,626 in 2021 to $10,853,950 in 2022 before decreasing to $8,335,642 in 2023. This suggests potential capital projects, significant grants, or changes in funding structure that involve both asset acquisition and corresponding debt or obligations.

Filing History

IRS 990 filing history for Academy For Teaching & Learning Of The Chester County School Disrict showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Academy For Teaching & Learning Of The Chester County School Disrict's revenue has grown by 83%, moving from $1.9M to $3.5M. Total assets increased by 1452.2% over the same period, from $691K to $10.7M. Total functional expenses rose by 64%, from $2.1M to $3.4M. In its most recent filing year (2023), Academy For Teaching & Learning Of The Chester County School Disrict reported a surplus of $90K, with revenue exceeding expenses. The organization holds $8.3M in liabilities against $10.7M in assets (debt-to-asset ratio: 77.7%), resulting in net assets of $2.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.5M	$3.4M	$10.7M	$8.3M	—	—
2022	$3.9M	$3.3M	$6.2M	$10.9M	—	View 990
2021	$3.6M	$3.3M	$4.5M	$6.2M	—	View 990
2020	$3.2M	$3.0M	$3.8M	$5.8M	—	View 990
2019	$3.3M	$2.8M	$3.7M	$4.5M	—	View 990
2018	$2.9M	$3.1M	$3.4M	$4.6M	—	View 990
2017	$2.8M	$2.9M	$3.6M	$4.5M	—	View 990
2016	$2.8M	$2.7M	$3.5M	$4.4M	—	View 990
2015	$2.7M	$2.6M	$3.5M	$4.3M	—	View 990
2014	$2.7M	$2.5M	$3.4M	$2.1M	—	View 990
2013	$2.6M	$2.5M	$3.6M	$2.5M	—	—
2012	$2.5M	$2.2M	$3.0M	$2.0M	—	View 990
2011	$2.0M	$2.0M	$2.9M	$2.1M	—	View 990
2010	$1.9M	$2.1M	$691K	$0	—	—

Year-by-Year Financial Summary

2023: Revenue of $3.5M, expenses of $3.4M, and assets of $10.7M (revenue -11.9% year-over-year).
2022: Revenue of $3.9M, expenses of $3.3M, and assets of $6.2M (revenue +9.4% year-over-year).
2021: Revenue of $3.6M, expenses of $3.3M, and assets of $4.5M (revenue +11.7% year-over-year).
2020: Revenue of $3.2M, expenses of $3.0M, and assets of $3.8M (revenue -3.6% year-over-year).
2019: Revenue of $3.3M, expenses of $2.8M, and assets of $3.7M (revenue +15.9% year-over-year).
2018: Revenue of $2.9M, expenses of $3.1M, and assets of $3.4M (revenue +1.3% year-over-year).
2017: Revenue of $2.8M, expenses of $2.9M, and assets of $3.6M (revenue +1.1% year-over-year).
2016: Revenue of $2.8M, expenses of $2.7M, and assets of $3.5M (revenue +2.6% year-over-year).
2015: Revenue of $2.7M, expenses of $2.6M, and assets of $3.5M (revenue +0.3% year-over-year).
2014: Revenue of $2.7M, expenses of $2.5M, and assets of $3.4M (revenue +5.8% year-over-year).
2013: Revenue of $2.6M, expenses of $2.5M, and assets of $3.6M (revenue +5.1% year-over-year).
2012: Revenue of $2.5M, expenses of $2.2M, and assets of $3.0M (revenue +20.6% year-over-year).
2011: Revenue of $2.0M, expenses of $2.0M, and assets of $2.9M (revenue +7.8% year-over-year).
2010: Revenue of $1.9M, expenses of $2.1M, and assets of $691K.

Data Sources and Methodology

This transparency report for Academy For Teaching & Learning Of The Chester County School Disrict 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.