Ann Arbor Academy Inc
Ann Arbor Academy Inc. consistently generates surpluses with no reported officer compensation, demonstrating strong financial health and mission focus.
EIN: 208035148 · Ann Arbor, MI · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $1.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.7 |
| Net Assets | $630K |
| Transparency Score | 95/100 |
Is Ann Arbor Academy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ann Arbor Academy Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ann Arbor Academy Inc
Ann Arbor Academy Inc (EIN: 208035148) is a nonprofit organization based in Ann Arbor, MI, classified under NTEE code B24. The organization reported total revenue of $3.1M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ann Arbor Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ann Arbor Academy Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$62K |
| Total Assets | $1.7M |
| Total Liabilities | $1.0M |
| Net Assets | $630K |
| Operating Margin | 3.5% |
| Debt-to-Asset Ratio | 62.1% |
| Months of Reserves | 11.9 months |
Financial Health Grade: A
In 2023, Ann Arbor Academy Inc reported a surplus of $62K with revenue exceeding expenses, holds 11.9 months of operating reserves (strong position), has a debt-to-asset ratio of 62.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ann Arbor Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.8% | +26.6% | +5.3% |
| 2022 | +31.6% | +16.9% | -33.3% |
| 2021 | +13.1% | +10.0% | +35.8% |
| 2020 | -1.8% | -10.0% | +25.8% |
| 2019 | -6.1% | -1.1% | -8.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Ann Arbor Academy Inc with a Mission Score of 95 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, Ann Arbor Academy 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 $62K, with revenue exceeding expenses.
- Debt-to-asset ratio: 62.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size, with revenues exceeding $1.7 million in 2023, and suggests a strong commitment to directing all funds towards its mission.
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 Ann Arbor Academy Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided summary data, making precise efficiency calculations difficult without full 990s.
Strengths
The following positive indicators were identified for Ann Arbor Academy Inc:
- Consistent positive net income, with revenues exceeding expenses in almost all reported periods (e.g., $1,742,202 revenue vs. $1,680,578 expenses in 2023).
- Zero reported officer compensation across all 13 filings, indicating a strong commitment to mission-focused spending.
- Steady revenue growth, particularly in recent years, demonstrating increasing support and operational capacity.
- Consistent filing of IRS Form 990s over 13 periods, indicating strong transparency and regulatory compliance.
- Growing asset base, from $336,727 in 2014 to $1,662,701 in 2023, suggesting financial stability and capacity for future growth.
Frequently Asked Questions about Ann Arbor Academy Inc
Is Ann Arbor Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ann Arbor Academy Inc (EIN: 208035148) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Ann Arbor Academy Inc spend its money?
Ann Arbor Academy Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ann Arbor Academy Inc tax-deductible?
Ann Arbor Academy Inc is registered as a tax-exempt nonprofit (EIN: 208035148). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ann Arbor Academy Inc CEO make?
Ann Arbor Academy Inc's highest-compensated officer earns $1.7 annually. The organization reported $3.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ann Arbor Academy Inc's spending goes to programs?
Ann Arbor Academy Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ann Arbor Academy Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Ann Arbor Academy Inc 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 Ann Arbor Academy Inc located?
Ann Arbor Academy Inc is headquartered in Ann Arbor, Michigan and files with the IRS under EIN 208035148. It is classified under NTEE code B24.
How many years of IRS 990 filings does Ann Arbor Academy Inc have?
Ann Arbor Academy 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 $3.1M in total revenue.
Is Ann Arbor Academy Inc. a good charity?
Based on the provided financial data, Ann Arbor Academy Inc. appears to be a very good charity. It consistently generates surpluses, has growing assets, and notably reports 0% officer compensation, indicating a strong dedication to its mission and efficient use of funds.
How has Ann Arbor Academy Inc.'s revenue trended over time?
Ann Arbor Academy Inc.'s revenue has shown a positive upward trend, particularly in recent years. It increased from $1,037,598 in 2020 to $1,742,202 in 2023, demonstrating consistent growth and financial stability.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all 13 filings, which is an exceptional indicator of its commitment to minimizing overhead and maximizing resources for its programs. This suggests a volunteer-driven leadership or compensation covered by other means not reported as officer compensation.
Filing History
IRS 990 filing history for Ann Arbor Academy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ann Arbor Academy Inc's revenue has grown by 180.3%, moving from $622K to $1.7M. Total assets increased by 289.1% over the same period, from $427K to $1.7M. Total functional expenses rose by 168.6%, from $626K to $1.7M. In its most recent filing year (2023), Ann Arbor Academy Inc reported a surplus of $62K, with revenue exceeding expenses. The organization holds $1.0M in liabilities against $1.7M in assets (debt-to-asset ratio: 62.1%), resulting in net assets of $630K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.7M | $1.7M | $1.0M | — | View 990 |
| 2022 | $1.5M | $1.3M | $1.6M | $1.0M | — | View 990 |
| 2021 | $1.2M | $1.1M | $2.4M | $2.0M | — | — |
| 2020 | $1.0M | $1.0M | $1.7M | $1.4M | — | View 990 |
| 2019 | $1.1M | $1.1M | $1.4M | $1.1M | — | View 990 |
| 2018 | $1.1M | $1.2M | $1.5M | $1.0M | — | View 990 |
| 2017 | $1.0M | $973K | $1.6M | $1.1M | — | — |
| 2016 | $1.0M | $906K | $1.6M | $1.1M | — | View 990 |
| 2015 | $969K | $939K | $1.5M | $1.1M | — | View 990 |
| 2014 | $1.1M | $910K | $337K | $53K | — | View 990 |
| 2013 | $634K | $699K | $164K | $38K | — | View 990 |
| 2012 | $783K | $728K | $275K | $27K | — | View 990 |
| 2011 | $622K | $626K | $427K | $262K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.7M, and assets of $1.7M (revenue +12.8% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.3M, and assets of $1.6M (revenue +31.6% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $2.4M (revenue +13.1% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.0M, and assets of $1.7M (revenue -1.8% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $1.4M (revenue -6.1% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.2M, and assets of $1.5M (revenue +12.2% year-over-year).
- 2017: Revenue of $1.0M, expenses of $973K, and assets of $1.6M (revenue -1.8% year-over-year).
- 2016: Revenue of $1.0M, expenses of $906K, and assets of $1.6M (revenue +5.5% year-over-year).
- 2015: Revenue of $969K, expenses of $939K, and assets of $1.5M (revenue -9.3% year-over-year).
- 2014: Revenue of $1.1M, expenses of $910K, and assets of $337K (revenue +68.6% year-over-year).
- 2013: Revenue of $634K, expenses of $699K, and assets of $164K (revenue -19.1% year-over-year).
- 2012: Revenue of $783K, expenses of $728K, and assets of $275K (revenue +26.0% year-over-year).
- 2011: Revenue of $622K, expenses of $626K, and assets of $427K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ann Arbor Academy Inc:
Data Sources and Methodology
This transparency report for Ann Arbor Academy 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.