Advance Learning Academy
Advance Learning Academy shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 205686985 · Kingsland, GA · NTEE: B200 · Updated: 2026-03-28
Is Advance Learning Academy Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Advance Learning Academy directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Advance Learning Academy
Advance Learning Academy (EIN: 205686985) is a nonprofit organization based in Kingsland, GA, classified under NTEE code B200. The organization reported total revenue of $278K and total assets of $250K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Advance Learning Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Advance Learning Academy is a small nonprofit that has been operating for 19 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $314K |
| Total Expenses | $262K |
| Surplus / Deficit | +$52K |
| Total Assets | $251K |
| Total Liabilities | $68 |
| Net Assets | $251K |
| Operating Margin | 16.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 11.5 months |
Financial Health Grade: A
In 2023, Advance Learning Academy reported a surplus of $52K with revenue exceeding expenses, holds 11.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Advance Learning Academy's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.9% | -0.1% | +25.9% |
| 2022 | +8.1% | +5.5% | +37.0% |
| 2021 | +71.9% | +91.8% | +41.0% |
| 2020 | -13.9% | -28.3% | +70.9% |
| 2019 | +12.4% | -1.0% | +39.2% |
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 Advance Learning Academy 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Advance Learning Academy 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 surplus of $52K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all seven filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of its size with revenues exceeding $300,000.
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.
Strengths
The following positive indicators were identified for Advance Learning Academy:
- Consistent revenue growth from $167,843 in 2017 to $313,808 in 2023.
- Significant asset accumulation, growing from $50,180 in 2017 to $251,373 in 2023.
- No reported officer compensation across all seven IRS 990 filings.
- Expenses consistently below revenue, indicating sound financial management.
- Positive net assets reported in all filing periods.
Frequently Asked Questions about Advance Learning Academy
Is Advance Learning Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Advance Learning Academy (EIN: 205686985) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Advance Learning Academy spend its money?
Advance Learning Academy directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Advance Learning Academy tax-deductible?
Advance Learning Academy is registered as a tax-exempt nonprofit (EIN: 205686985). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Advance Learning Academy a good charity?
Based on the provided financial data, Advance Learning Academy appears to be a good charity. It demonstrates consistent revenue growth, strong asset accumulation, and a notable absence of officer compensation, suggesting efficient use of funds and a strong commitment to its mission.
How has Advance Learning Academy's financial health changed over time?
Advance Learning Academy's financial health has significantly improved over time. Revenue has nearly doubled from $167,843 in 2017 to $313,808 in 2023, and assets have grown fivefold from $50,180 to $251,373 in the same period, indicating robust growth and financial stability.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all seven IRS 990 filings, suggesting a highly cost-effective approach to leadership, potentially relying on volunteer efforts or very modest compensation not categorized as officer pay.
Filing History
IRS 990 filing history for Advance Learning Academy showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Advance Learning Academy's revenue has grown by 87%, moving from $168K to $314K. Total assets increased by 400.9% over the same period, from $50K to $251K. Total functional expenses rose by 65.7%, from $158K to $262K. In its most recent filing year (2023), Advance Learning Academy reported a surplus of $52K, with revenue exceeding expenses. The organization holds $68 in liabilities against $251K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $251K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $314K | $262K | $251K | $68 | — | — |
| 2022 | $317K | $262K | $200K | $9 | — | View 990 |
| 2021 | $293K | $249K | $146K | $323 | — | View 990 |
| 2020 | $170K | $130K | $103K | $2K | — | View 990 |
| 2019 | $198K | $181K | $60K | $0 | — | View 990 |
| 2018 | $176K | $183K | $43K | $0 | — | View 990 |
| 2017 | $168K | $158K | $50K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $314K, expenses of $262K, and assets of $251K (revenue -0.9% year-over-year).
- 2022: Revenue of $317K, expenses of $262K, and assets of $200K (revenue +8.1% year-over-year).
- 2021: Revenue of $293K, expenses of $249K, and assets of $146K (revenue +71.9% year-over-year).
- 2020: Revenue of $170K, expenses of $130K, and assets of $103K (revenue -13.9% year-over-year).
- 2019: Revenue of $198K, expenses of $181K, and assets of $60K (revenue +12.4% year-over-year).
- 2018: Revenue of $176K, expenses of $183K, and assets of $43K (revenue +4.9% year-over-year).
- 2017: Revenue of $168K, expenses of $158K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Advance Learning Academy:
Data Sources and Methodology
This transparency report for Advance Learning Academy 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.