Academy Foundation Inc
EIN: 463471569 · Fayetteville, AR · NTEE: Z99
| Metric | Value |
|---|---|
| Total Revenue | $79K |
| Total Expenses | $92K |
| Net Assets | $551K |
Is Academy Foundation Inc 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 Inc
Academy Foundation Inc (EIN: 463471569) is a nonprofit organization based in Fayetteville, AR, classified under NTEE code Z99. The organization reported total revenue of $79K and total assets of $565K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Academy Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Academy Foundation Inc is a micro nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $51K |
| Total Expenses | $92K |
| Surplus / Deficit | $-40,662 |
| Total Assets | $551K |
| Net Assets | $551K |
| Operating Margin | -79.4% |
| Months of Reserves | 72.0 months |
Financial Health Grade: B
In 2023, Academy Foundation Inc reported a deficit of $41K with expenses exceeding revenue, holds 72.0 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Academy Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.5% | -35.8% | -6.9% |
| 2022 | -8.9% | -14.4% | -8.4% |
| 2021 | -8.4% | -51.1% | -9.7% |
| 2020 | -10.9% | -51.5% | -24.8% |
| 2019 | -94.8% | -56.0% | -62.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Academy Foundation Inc 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 Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $41K, with expenses exceeding revenue.
Frequently Asked Questions about Academy Foundation Inc
Is Academy Foundation Inc a legitimate charity?
Academy Foundation Inc (EIN: 463471569) is a registered tax-exempt nonprofit based in Arkansas. It has 10 years of IRS 990 filings on record. Total revenue: $79K. No red flags identified. Financial health grade: B.
How does Academy Foundation Inc spend its money?
Academy Foundation Inc reported $79K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Academy Foundation Inc tax-deductible?
Academy Foundation Inc is registered as a tax-exempt nonprofit (EIN: 463471569). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Academy Foundation Inc located?
Academy Foundation Inc is headquartered in Fayetteville, Arkansas and files with the IRS under EIN 463471569. It is classified under NTEE code Z99.
How many years of IRS 990 filings does Academy Foundation Inc have?
Academy Foundation Inc has 10 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 $79K in total revenue.
Filing History
IRS 990 filing history for Academy Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Academy Foundation Inc's revenue has declined by 65.4%, moving from $148K to $51K. Total assets increased by 1688% over the same period, from $31K to $551K. Total functional expenses fell by 21.5%, from $117K to $92K. In its most recent filing year (2023), Academy Foundation Inc reported a deficit of $41K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $51K | $92K | $551K | $0 | — | — |
| 2022 | $89K | $143K | $592K | $0 | — | — |
| 2021 | $98K | $167K | $646K | $0 | — | — |
| 2020 | $107K | $342K | $716K | $208 | — | View 990 |
| 2019 | $120K | $704K | $952K | $1K | — | View 990 |
| 2018 | $2.3M | $1.6M | $2.5M | $1.0M | — | View 990 |
| 2017 | $1.6M | $1.2M | $1.3M | $498K | — | View 990 |
| 2016 | $690K | $765K | $915K | $498K | — | View 990 |
| 2015 | $750K | $289K | $673K | $180K | — | View 990 |
| 2014 | $148K | $117K | $31K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $51K, expenses of $92K, and assets of $551K (revenue -42.5% year-over-year).
- 2022: Revenue of $89K, expenses of $143K, and assets of $592K (revenue -8.9% year-over-year).
- 2021: Revenue of $98K, expenses of $167K, and assets of $646K (revenue -8.4% year-over-year).
- 2020: Revenue of $107K, expenses of $342K, and assets of $716K (revenue -10.9% year-over-year).
- 2019: Revenue of $120K, expenses of $704K, and assets of $952K (revenue -94.8% year-over-year).
- 2018: Revenue of $2.3M, expenses of $1.6M, and assets of $2.5M (revenue +44.6% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.2M, and assets of $1.3M (revenue +131.8% year-over-year).
- 2016: Revenue of $690K, expenses of $765K, and assets of $915K (revenue -8.0% year-over-year).
- 2015: Revenue of $750K, expenses of $289K, and assets of $673K (revenue +407.0% year-over-year).
- 2014: Revenue of $148K, expenses of $117K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Academy Foundation Inc:
Data Sources and Methodology
This transparency report for Academy Foundation 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.