Academy Of Arts And Academics
EIN: 270771245 · Springfield, OR
| Metric | Value |
|---|---|
| Total Expenses | $3.0M |
| Net Assets | $109K |
Is Academy Of Arts And Academics Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Academy Of Arts And Academics
Academy Of Arts And Academics (EIN: 270771245) is a nonprofit organization based in Springfield, OR. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Academy Of Arts And Academics's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Academy Of Arts And Academics is a mid-size nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 13.3%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $3.0M |
| Surplus / Deficit | $-366,087 |
| Total Assets | $852K |
| Total Liabilities | $743K |
| Net Assets | $109K |
| Operating Margin | -13.9% |
| Debt-to-Asset Ratio | 87.2% |
| Months of Reserves | 3.4 months |
Financial Health Grade: C
In 2016, Academy Of Arts And Academics reported a deficit of $366K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 87.2% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Academy Of Arts And Academics's revenue has grown at a compound annual growth rate (CAGR) of 13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +0.7% | +27.5% | +1.8% |
| 2015 | +15.8% | +5.9% | +159.7% |
| 2014 | +25.4% | +27.1% | +55.9% |
| 2013 | +5.0% | +7.4% | -5.4% |
| 2012 | +21.6% | +16.0% | +241.7% |
AI Analysis Pending
AI enrichment for Academy Of Arts And Academics 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 Of Arts And Academics 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $366K, with expenses exceeding revenue.
- Debt-to-asset ratio: 87.2%.
Frequently Asked Questions about Academy Of Arts And Academics
Is Academy Of Arts And Academics a legitimate charity?
Academy Of Arts And Academics (EIN: 270771245) is a registered tax-exempt nonprofit based in Oregon. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Academy Of Arts And Academics spend its money?
Academy Of Arts And Academics reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Academy Of Arts And Academics tax-deductible?
Academy Of Arts And Academics is registered as a tax-exempt nonprofit (EIN: 270771245). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Academy Of Arts And Academics located?
Academy Of Arts And Academics is headquartered in Springfield, Oregon and files with the IRS under EIN 270771245.
How many years of IRS 990 filings does Academy Of Arts And Academics have?
Academy Of Arts And Academics has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Academy Of Arts And Academics showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Academy Of Arts And Academics's revenue has grown by 86.6%, moving from $1.4M to $2.6M. Total assets increased by 1232.1% over the same period, from $64K to $852K. Total functional expenses rose by 113.6%, from $1.4M to $3.0M. In its most recent filing year (2016), Academy Of Arts And Academics reported a deficit of $366K, with expenses exceeding revenue. The organization holds $743K in liabilities against $852K in assets (debt-to-asset ratio: 87.2%), resulting in net assets of $109K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $2.6M | $3.0M | $852K | $743K | — | View 990 |
| 2015 | $2.6M | $2.4M | $837K | $362K | — | View 990 |
| 2014 | $2.3M | $2.2M | $323K | $108K | — | View 990 |
| 2013 | $1.8M | $1.7M | $207K | $28K | — | View 990 |
| 2012 | $1.7M | $1.6M | $219K | $92K | — | View 990 |
| 2011 | $1.4M | $1.4M | $64K | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $2.6M, expenses of $3.0M, and assets of $852K (revenue +0.7% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.4M, and assets of $837K (revenue +15.8% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.2M, and assets of $323K (revenue +25.4% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.7M, and assets of $207K (revenue +5.0% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.6M, and assets of $219K (revenue +21.6% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.4M, and assets of $64K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Academy Of Arts And Academics:
Data Sources and Methodology
This transparency report for Academy Of Arts And Academics 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.