Academy Foundation For The Future
EIN: 844195477 · Draper, UT · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $217K |
| Total Expenses | $98K |
| Net Assets | $418K |
Is Academy Foundation For The Future Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Academy Foundation For The Future
Academy Foundation For The Future (EIN: 844195477) is a nonprofit organization based in Draper, UT, classified under NTEE code S20. The organization reported total revenue of $217K and total assets of $448K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Academy Foundation For The Future's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Academy Foundation For The Future is a small nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2020–2022). Revenue has grown at a compound annual rate of 9096.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $313K |
| Total Expenses | $98K |
| Surplus / Deficit | +$215K |
| Total Assets | $418K |
| Total Liabilities | $1 |
| Net Assets | $418K |
| Operating Margin | 68.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 51.4 months |
Financial Health Grade: A
In 2022, Academy Foundation For The Future reported a surplus of $215K with revenue exceeding expenses, holds 51.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2020–2022), Academy Foundation For The Future's revenue has grown at a compound annual growth rate (CAGR) of 9096.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +29.1% | +149.1% | +105.9% |
| 2021 | +655121.6% | — | +549156.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Academy Foundation For The Future has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Academy Foundation For The Future with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $215K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Academy Foundation For The Future
Is Academy Foundation For The Future a legitimate charity?
Based on AI analysis of IRS 990 filings, Academy Foundation For The Future (EIN: 844195477) insufficient data. 0 red flags identified, 0 strengths noted.
How does Academy Foundation For The Future spend its money?
Detailed spending breakdown data is not yet available for Academy Foundation For The Future. Check back for updated IRS 990 analysis.
Are donations to Academy Foundation For The Future tax-deductible?
Academy Foundation For The Future is registered as a tax-exempt nonprofit (EIN: 844195477). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Academy Foundation For The Future located?
Academy Foundation For The Future is headquartered in Draper, Utah and files with the IRS under EIN 844195477. It is classified under NTEE code S20.
How many years of IRS 990 filings does Academy Foundation For The Future have?
Academy Foundation For The Future has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $217K in total revenue.
Filing History
IRS 990 filing history for Academy Foundation For The Future showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2020–2022), Academy Foundation For The Future's revenue has grown by 845610.8%, moving from $37 to $313K. Total assets increased by 1130645.9% over the same period, from $37 to $418K. In its most recent filing year (2022), Academy Foundation For The Future reported a surplus of $215K, with revenue exceeding expenses. The organization holds $1 in liabilities against $418K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $418K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $313K | $98K | $418K | $1 | — | View 990 |
| 2021 | $242K | $39K | $203K | $1 | — | View 990 |
| 2020 | $37 | $0 | $37 | $1 | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $313K, expenses of $98K, and assets of $418K (revenue +29.1% year-over-year).
- 2021: Revenue of $242K, expenses of $39K, and assets of $203K (revenue +655121.6% year-over-year).
- 2020: Revenue of $37, expenses of $0, and assets of $37.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Academy Foundation For The Future:
Data Sources and Methodology
This transparency report for Academy Foundation For The Future 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.