Advocates For Innovative Schoolsinc
Advocates For Innovative Schoolsinc faces recent financial deficits and declining assets despite consistent revenue.
EIN: 204230899 · New Orleans, LA · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.1M |
| Total Expenses | $6.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $1.0M |
| Transparency Score | 70/100 |
Is Advocates For Innovative Schoolsinc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Advocates For Innovative Schoolsinc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Advocates For Innovative Schoolsinc
Advocates For Innovative Schoolsinc (EIN: 204230899) is a nonprofit organization based in New Orleans, LA, classified under NTEE code B24. The organization reported total revenue of $5.1M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Advocates For Innovative Schoolsinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Advocates For Innovative Schoolsinc is a mid-size nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.1M |
| Total Expenses | $6.8M |
| Surplus / Deficit | $-1,670,976 |
| Total Assets | $1.7M |
| Total Liabilities | $662K |
| Net Assets | $1.0M |
| Operating Margin | -32.5% |
| Debt-to-Asset Ratio | 38.7% |
| Months of Reserves | 3.0 months |
Financial Health Grade: B
In 2023, Advocates For Innovative Schoolsinc reported a deficit of $1.7M with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 38.7% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Advocates For Innovative Schoolsinc's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.8% | +17.5% | -54.7% |
| 2022 | -4.9% | -1.5% | +1.3% |
| 2021 | +33.3% | -18.0% | -15.3% |
| 2020 | +10.6% | +18.2% | -23.4% |
| 2019 | +23.2% | +107.7% | -24.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Innovative Schoolsinc with a Mission Score of 70 out of 100 (Good). 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, Advocates For Innovative Schoolsinc 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 $1.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 38.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for an organization of its size with recent revenues exceeding $5 million.
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 Innovative Schoolsinc's IRS 990 filings:
- Expenses significantly exceeded revenue in the most recent filing (202306) by over $1.6 million.
- Significant decline in assets from $3,779,282 in 202206 to $1,711,635 in 202306.
- Pattern of expenses exceeding revenue in multiple recent periods (e.g., 202306, 202006, 201906).
Strengths
The following positive indicators were identified for Advocates For Innovative Schoolsinc:
- Consistent reporting of 0% officer compensation across all filings.
- Long history of IRS 990 filings, indicating transparency and compliance.
- Consistent revenue generation over many years, typically in the multi-million dollar range.
Frequently Asked Questions about Advocates For Innovative Schoolsinc
Is Advocates For Innovative Schoolsinc a legitimate charity?
Based on AI analysis of IRS 990 filings, Advocates For Innovative Schoolsinc (EIN: 204230899) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Advocates For Innovative Schoolsinc spend its money?
Advocates For Innovative Schoolsinc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Advocates For Innovative Schoolsinc tax-deductible?
Advocates For Innovative Schoolsinc is registered as a tax-exempt nonprofit (EIN: 204230899). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Advocates For Innovative Schoolsinc CEO make?
Advocates For Innovative Schoolsinc's highest-compensated officer earns $5 annually. The organization reported $5.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Advocates For Innovative Schoolsinc's spending goes to programs?
Advocates For Innovative Schoolsinc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Advocates For Innovative Schoolsinc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Advocates For Innovative Schoolsinc is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Advocates For Innovative Schoolsinc located?
Advocates For Innovative Schoolsinc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 204230899. It is classified under NTEE code B24.
How many years of IRS 990 filings does Advocates For Innovative Schoolsinc have?
Advocates For Innovative Schoolsinc 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 $5.1M in total revenue.
Is Advocates For Innovative Schoolsinc financially stable?
The organization's financial stability is a concern, as expenses have exceeded revenue in the most recent period (202306) by over $1.6 million, and assets have significantly declined from $3,779,282 in 202206 to $1,711,635 in 202306.
How does the organization manage its executive compensation?
Advocates For Innovative Schoolsinc reports 0% officer compensation in all available filings, indicating a strong commitment to directing funds towards its mission rather than executive salaries.
What is the trend in the organization's assets?
The organization's assets have shown a significant downward trend in recent years, decreasing from $7,596,845 in 201806 to $1,711,635 in 202306.
Filing History
IRS 990 filing history for Advocates For Innovative Schoolsinc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Advocates For Innovative Schoolsinc's revenue has grown by 107.2%, moving from $2.5M to $5.1M. Total assets decreased by 31.6% over the same period, from $2.5M to $1.7M. Total functional expenses rose by 227.1%, from $2.1M to $6.8M. In its most recent filing year (2023), Advocates For Innovative Schoolsinc reported a deficit of $1.7M, with expenses exceeding revenue. The organization holds $662K in liabilities against $1.7M in assets (debt-to-asset ratio: 38.7%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.1M | $6.8M | $1.7M | $662K | — | — |
| 2022 | $6.0M | $5.8M | $3.8M | $343K | — | View 990 |
| 2021 | $6.3M | $5.9M | $3.7M | $334K | — | View 990 |
| 2020 | $4.7M | $7.2M | $4.4M | $1.4M | — | View 990 |
| 2019 | $4.3M | $6.1M | $5.7M | $259K | — | View 990 |
| 2018 | $3.5M | $2.9M | $7.6M | $278K | — | View 990 |
| 2017 | $3.6M | $2.9M | $7.0M | $243K | — | View 990 |
| 2016 | $3.4M | $2.7M | $6.2M | $225K | — | View 990 |
| 2015 | $3.9M | $2.9M | $5.5M | $142K | — | View 990 |
| 2013 | $2.9M | $2.4M | $3.6M | $180K | — | View 990 |
| 2012 | $2.8M | $2.3M | $3.1M | $242K | — | View 990 |
| 2011 | $2.5M | $2.1M | $2.5M | $174K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.1M, expenses of $6.8M, and assets of $1.7M (revenue -13.8% year-over-year).
- 2022: Revenue of $6.0M, expenses of $5.8M, and assets of $3.8M (revenue -4.9% year-over-year).
- 2021: Revenue of $6.3M, expenses of $5.9M, and assets of $3.7M (revenue +33.3% year-over-year).
- 2020: Revenue of $4.7M, expenses of $7.2M, and assets of $4.4M (revenue +10.6% year-over-year).
- 2019: Revenue of $4.3M, expenses of $6.1M, and assets of $5.7M (revenue +23.2% year-over-year).
- 2018: Revenue of $3.5M, expenses of $2.9M, and assets of $7.6M (revenue -2.9% year-over-year).
- 2017: Revenue of $3.6M, expenses of $2.9M, and assets of $7.0M (revenue +5.7% year-over-year).
- 2016: Revenue of $3.4M, expenses of $2.7M, and assets of $6.2M (revenue -12.7% year-over-year).
- 2015: Revenue of $3.9M, expenses of $2.9M, and assets of $5.5M (revenue +31.2% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.4M, and assets of $3.6M (revenue +5.2% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.3M, and assets of $3.1M (revenue +12.4% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.1M, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Advocates For Innovative Schoolsinc:
Data Sources and Methodology
This transparency report for Advocates For Innovative Schoolsinc 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.