Advocates For Academic Excellence In Education Inc
Advocates For Academic Excellence In Education Inc consistently dedicates over 90% of expenses to programs with no reported officer compensation.
EIN: 203879970 · New Orleans, LA · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.8M |
| Total Expenses | $13.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $14.7M |
| Net Assets | $8.3M |
| Transparency Score | 92/100 |
Is Advocates For Academic Excellence In Education Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Advocates For Academic Excellence In Education Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Advocates For Academic Excellence In Education Inc
Advocates For Academic Excellence In Education Inc (EIN: 203879970) is a nonprofit organization based in New Orleans, LA, classified under NTEE code B29. The organization reported total revenue of $15.8M and total assets of $11.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Advocates For Academic Excellence In Education Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Advocates For Academic Excellence In Education Inc is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.7M |
| Total Expenses | $13.6M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $9.0M |
| Total Liabilities | $696K |
| Net Assets | $8.3M |
| Operating Margin | 7.7% |
| Debt-to-Asset Ratio | 7.7% |
| Months of Reserves | 8.0 months |
Financial Health Grade: A
In 2023, Advocates For Academic Excellence In Education Inc reported a surplus of $1.1M with revenue exceeding expenses, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 7.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Advocates For Academic Excellence In Education Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.9% | +10.3% | +15.4% |
| 2022 | +14.3% | +9.8% | +3.9% |
| 2021 | -13.7% | +0.7% | -7.9% |
| 2020 | +12.2% | -0.9% | +24.7% |
| 2019 | +4.2% | +4.2% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Advocates For Academic Excellence In Education Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Advocates For Academic Excellence In Education Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive team or that executive compensation is structured in a way that it is not reported under this specific line item, which is highly unusual for an organization of this size ($14.7M revenue in 2023).
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 Advocates For Academic Excellence In Education Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size may warrant further inquiry into how leadership is compensated or structured, as it is highly unusual.
Strengths
The following positive indicators were identified for Advocates For Academic Excellence In Education Inc:
- Strong program spending ratio (approx. 90% in 2023)
- Consistent revenue growth over the past decade
- Healthy asset growth and low liabilities
- Efficient use of funds with minimal administrative and fundraising overhead (estimated 7% admin, 3% fundraising based on 2023 data)
- Positive financial trend with expenses generally below revenue, leading to asset accumulation
Frequently Asked Questions about Advocates For Academic Excellence In Education Inc
Is Advocates For Academic Excellence In Education Inc a legitimate charity?
Advocates For Academic Excellence In Education Inc (EIN: 203879970) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $15.8M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Advocates For Academic Excellence In Education Inc spend its money?
Advocates For Academic Excellence In Education Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Advocates For Academic Excellence In Education Inc tax-deductible?
Advocates For Academic Excellence In Education Inc is registered as a tax-exempt nonprofit (EIN: 203879970). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Advocates For Academic Excellence In Education Inc CEO make?
Advocates For Academic Excellence In Education Inc's highest-compensated officer earns $14.7M annually. The organization reported $15.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Advocates For Academic Excellence In Education Inc's spending goes to programs?
Advocates For Academic Excellence In Education Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Advocates For Academic Excellence In Education Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Advocates For Academic Excellence In Education Inc 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 Advocates For Academic Excellence In Education Inc located?
Advocates For Academic Excellence In Education Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 203879970. It is classified under NTEE code B29.
How many years of IRS 990 filings does Advocates For Academic Excellence In Education Inc have?
Advocates For Academic Excellence In Education Inc has 13 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 $15.8M in total revenue.
Is Advocates For Academic Excellence In Education Inc a good charity?
Based on the available IRS 990 data, Advocates For Academic Excellence In Education Inc appears to be a very good charity. They consistently allocate a high percentage (around 90%) of their expenses directly to program services, indicating a strong commitment to their mission. Their financial health is robust, with growing revenues and assets, and low liabilities.
How has the organization's revenue grown over time?
The organization has shown consistent revenue growth, increasing from $9,837,364 in 2014 to $14,695,665 in 2023, representing a nearly 50% increase over the decade.
What is the organization's approach to executive compensation?
All available IRS 990 filings for Advocates For Academic Excellence In Education Inc report 0% officer compensation. This is a significant finding for an organization of its size and suggests either a volunteer executive leadership or a unique compensation structure.
How efficient is their spending?
The organization demonstrates high spending efficiency, with approximately 90% of its total expenses in 2023 ($12,200,000 out of $13,565,255) dedicated to program services. This indicates that the vast majority of funds are directly supporting their mission.
Filing History
IRS 990 filing history for Advocates For Academic Excellence In Education Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Advocates For Academic Excellence In Education Inc's revenue has grown by 126.2%, moving from $6.5M to $14.7M. Total assets increased by 504% over the same period, from $1.5M to $9.0M. Total functional expenses rose by 104.4%, from $6.6M to $13.6M. In its most recent filing year (2023), Advocates For Academic Excellence In Education Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $696K in liabilities against $9.0M in assets (debt-to-asset ratio: 7.7%), resulting in net assets of $8.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.7M | $13.6M | $9.0M | $696K | — | — |
| 2022 | $12.6M | $12.3M | $7.8M | $625K | — | View 990 |
| 2021 | $11.0M | $11.2M | $7.5M | $599K | — | — |
| 2020 | $12.7M | $11.1M | $8.1M | $751K | — | — |
| 2019 | $11.4M | $11.2M | $6.5M | $490K | — | View 990 |
| 2018 | $10.9M | $10.8M | $6.6M | $707K | — | View 990 |
| 2017 | $10.3M | $9.6M | $6.3M | $542K | — | View 990 |
| 2016 | $10.4M | $9.6M | $5.7M | $655K | — | View 990 |
| 2015 | $10.3M | $9.8M | $4.7M | $336K | — | View 990 |
| 2014 | $9.8M | $8.7M | $3.8M | $166K | — | View 990 |
| 2013 | $8.0M | $7.4M | $2.8M | $205K | — | View 990 |
| 2012 | $7.2M | $6.6M | $2.1M | $192K | — | View 990 |
| 2011 | $6.5M | $6.6M | $1.5M | $160K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.7M, expenses of $13.6M, and assets of $9.0M (revenue +16.9% year-over-year).
- 2022: Revenue of $12.6M, expenses of $12.3M, and assets of $7.8M (revenue +14.3% year-over-year).
- 2021: Revenue of $11.0M, expenses of $11.2M, and assets of $7.5M (revenue -13.7% year-over-year).
- 2020: Revenue of $12.7M, expenses of $11.1M, and assets of $8.1M (revenue +12.2% year-over-year).
- 2019: Revenue of $11.4M, expenses of $11.2M, and assets of $6.5M (revenue +4.2% year-over-year).
- 2018: Revenue of $10.9M, expenses of $10.8M, and assets of $6.6M (revenue +5.6% year-over-year).
- 2017: Revenue of $10.3M, expenses of $9.6M, and assets of $6.3M (revenue -0.7% year-over-year).
- 2016: Revenue of $10.4M, expenses of $9.6M, and assets of $5.7M (revenue +0.5% year-over-year).
- 2015: Revenue of $10.3M, expenses of $9.8M, and assets of $4.7M (revenue +5.2% year-over-year).
- 2014: Revenue of $9.8M, expenses of $8.7M, and assets of $3.8M (revenue +23.5% year-over-year).
- 2013: Revenue of $8.0M, expenses of $7.4M, and assets of $2.8M (revenue +10.5% year-over-year).
- 2012: Revenue of $7.2M, expenses of $6.6M, and assets of $2.1M (revenue +11.0% year-over-year).
- 2011: Revenue of $6.5M, expenses of $6.6M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Advocates For Academic Excellence In Education Inc:
Data Sources and Methodology
This transparency report for Advocates For Academic Excellence In Education 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.