Achievement Preparatory Academy Public Charter School
Achievement Preparatory Academy Public Charter School shows consistent operations with recent revenue shortfalls and no reported officer compensation.
EIN: 208156566 · Washington, DC · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20.2M |
| Total Expenses | $10.2M |
| Program Spending | 85% |
| Net Assets | $3.1M |
| Transparency Score | 85/100 |
Is Achievement Preparatory Academy Public Charter School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Achievement Preparatory Academy Public Charter School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Achievement Preparatory Academy Public Charter School
Achievement Preparatory Academy Public Charter School (EIN: 208156566) is a nonprofit organization based in Washington, DC, classified under NTEE code B29. The organization reported total revenue of $20.2M and total assets of $30.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Achievement Preparatory Academy Public Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Achievement Preparatory Academy Public Charter School is a large nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.8M |
| Total Expenses | $10.2M |
| Surplus / Deficit | $-1,388,291 |
| Total Assets | $34.9M |
| Total Liabilities | $31.8M |
| Net Assets | $3.1M |
| Operating Margin | -15.7% |
| Debt-to-Asset Ratio | 91.1% |
| Months of Reserves | 40.9 months |
Financial Health Grade: C
In 2023, Achievement Preparatory Academy Public Charter School reported a deficit of $1.4M with expenses exceeding revenue, holds 40.9 months of operating reserves (strong position), has a debt-to-asset ratio of 91.1% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Achievement Preparatory Academy Public Charter School's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.4% | +4.3% | -3.0% |
| 2022 | +47.4% | -6.0% | -2.3% |
| 2021 | -60.0% | -37.3% | -9.2% |
| 2020 | -4.4% | -6.4% | +5.6% |
| 2019 | -8.3% | -3.5% | -8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Achievement Preparatory Academy Public Charter School with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Achievement Preparatory Academy Public Charter School allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $1.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 91.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either that executive roles are unpaid or compensated through an external entity, which is a strong indicator of financial transparency regarding leadership costs.
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 Achievement Preparatory Academy Public Charter School's IRS 990 filings:
- Expenses exceeded revenue in multiple recent periods (e.g., 2023, 2021), indicating potential reliance on reserves or other funding sources.
- Consistent 0% officer compensation is unusual for an organization of this scale and could indicate compensation through a related party not fully disclosed in the primary 990.
Strengths
The following positive indicators were identified for Achievement Preparatory Academy Public Charter School:
- Long operating history with 12 IRS 990 filings, demonstrating stability and commitment.
- Substantial asset base, reported at $34.8M in 2023, providing financial stability.
- Significant growth in assets from $2.4M in 2014 to over $30M, indicating successful development.
- Consistent reporting of financial data, indicating good compliance and transparency practices.
Frequently Asked Questions about Achievement Preparatory Academy Public Charter School
Is Achievement Preparatory Academy Public Charter School a legitimate charity?
Achievement Preparatory Academy Public Charter School (EIN: 208156566) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $20.2M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Achievement Preparatory Academy Public Charter School spend its money?
Achievement Preparatory Academy Public Charter School directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Achievement Preparatory Academy Public Charter School tax-deductible?
Achievement Preparatory Academy Public Charter School is registered as a tax-exempt nonprofit (EIN: 208156566). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Achievement Preparatory Academy Public Charter School's spending goes to programs?
Achievement Preparatory Academy Public Charter School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Achievement Preparatory Academy Public Charter School compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Achievement Preparatory Academy Public 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 Achievement Preparatory Academy Public Charter School located?
Achievement Preparatory Academy Public Charter School is headquartered in Washington, Washington DC and files with the IRS under EIN 208156566. It is classified under NTEE code B29.
How many years of IRS 990 filings does Achievement Preparatory Academy Public Charter School have?
Achievement Preparatory Academy Public Charter School has 12 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 $20.2M in total revenue.
Is Achievement Preparatory Academy Public Charter School a good charity?
Based on the available data, the organization appears to be a well-established educational institution with a long operating history and substantial assets. The consistent reporting of 0% officer compensation is a positive sign for transparency. However, recent years show expenses exceeding revenue, which could indicate a need for closer monitoring of financial sustainability.
Why are expenses sometimes higher than revenue?
In periods like 2023 ($10.2M expenses vs. $8.8M revenue) and 2021 ($10.4M expenses vs. $6.8M revenue), expenses exceeded revenue. This could be due to strategic investments, use of accumulated reserves, or timing differences in grant funding. While not inherently a red flag for a single year, a sustained trend would warrant deeper scrutiny into funding models.
What is the significance of 0% officer compensation?
Reporting 0% officer compensation across all filings is highly unusual for an organization of this size and asset base. It could mean that executive leadership is entirely volunteer-based, or that compensation is paid by a related entity, which would require reviewing consolidated financial statements or related party disclosures for a complete picture. From a transparency standpoint, it indicates no direct compensation from the organization's reported funds to its officers.
Filing History
IRS 990 filing history for Achievement Preparatory Academy Public Charter School showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Achievement Preparatory Academy Public Charter School's revenue has grown by 168.2%, moving from $3.3M to $8.8M. Total assets increased by 4449.6% over the same period, from $766K to $34.9M. Total functional expenses rose by 224%, from $3.2M to $10.2M. In its most recent filing year (2023), Achievement Preparatory Academy Public Charter School reported a deficit of $1.4M, with expenses exceeding revenue. The organization holds $31.8M in liabilities against $34.9M in assets (debt-to-asset ratio: 91.1%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.8M | $10.2M | $34.9M | $31.8M | — | View 990 |
| 2022 | $10.1M | $9.8M | $35.9M | $31.4M | — | View 990 |
| 2021 | $6.8M | $10.4M | $36.8M | $32.6M | — | View 990 |
| 2020 | $17.1M | $16.6M | $40.5M | $32.7M | — | View 990 |
| 2019 | $17.9M | $17.8M | $38.4M | $31.4M | — | View 990 |
| 2018 | $19.5M | $18.4M | $41.8M | $35.0M | — | View 990 |
| 2017 | $17.4M | $16.2M | $41.1M | $35.4M | — | View 990 |
| 2016 | $12.0M | $11.1M | $45.9M | $41.2M | — | View 990 |
| 2015 | $12.5M | $10.6M | $10.9M | $7.1M | — | View 990 |
| 2014 | $10.1M | $9.9M | $2.5M | $561K | — | View 990 |
| 2013 | $6.1M | $5.0M | $1.8M | $117K | — | View 990 |
| 2012 | $3.3M | $3.2M | $766K | $163K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.8M, expenses of $10.2M, and assets of $34.9M (revenue -12.4% year-over-year).
- 2022: Revenue of $10.1M, expenses of $9.8M, and assets of $35.9M (revenue +47.4% year-over-year).
- 2021: Revenue of $6.8M, expenses of $10.4M, and assets of $36.8M (revenue -60.0% year-over-year).
- 2020: Revenue of $17.1M, expenses of $16.6M, and assets of $40.5M (revenue -4.4% year-over-year).
- 2019: Revenue of $17.9M, expenses of $17.8M, and assets of $38.4M (revenue -8.3% year-over-year).
- 2018: Revenue of $19.5M, expenses of $18.4M, and assets of $41.8M (revenue +12.2% year-over-year).
- 2017: Revenue of $17.4M, expenses of $16.2M, and assets of $41.1M (revenue +45.5% year-over-year).
- 2016: Revenue of $12.0M, expenses of $11.1M, and assets of $45.9M (revenue -4.1% year-over-year).
- 2015: Revenue of $12.5M, expenses of $10.6M, and assets of $10.9M (revenue +23.2% year-over-year).
- 2014: Revenue of $10.1M, expenses of $9.9M, and assets of $2.5M (revenue +65.4% year-over-year).
- 2013: Revenue of $6.1M, expenses of $5.0M, and assets of $1.8M (revenue +85.8% year-over-year).
- 2012: Revenue of $3.3M, expenses of $3.2M, and assets of $766K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Achievement Preparatory Academy Public Charter School:
Data Sources and Methodology
This transparency report for Achievement Preparatory Academy Public 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.