Apparo Academy Inc
Apparo Academy Inc shows strong financial growth and stability with no reported officer compensation.
EIN: 204497306 · Augusta, GA · Updated: 2026-03-28
Is Apparo Academy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Apparo Academy Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Apparo Academy Inc
Apparo Academy Inc (EIN: 204497306) is a nonprofit organization based in Augusta, GA. The organization reported total revenue of $3.1M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Apparo Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Apparo Academy Inc is a mid-size nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$81K |
| Total Assets | $6.7M |
| Total Liabilities | $366K |
| Net Assets | $6.4M |
| Operating Margin | 2.6% |
| Debt-to-Asset Ratio | 5.4% |
| Months of Reserves | 26.9 months |
Financial Health Grade: A
In 2023, Apparo Academy Inc reported a surplus of $81K with revenue exceeding expenses, holds 26.9 months of operating reserves (strong position), has a debt-to-asset ratio of 5.4% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.9% | +68.4% | -1.5% |
| 2022 | -10.0% | +24.2% | +52.2% |
| 2021 | +439.5% | +91.7% | +149.7% |
| 2020 | -40.4% | +6.7% | +25.9% |
| 2019 | +228.8% | +471.1% | +97.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 Apparo 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Apparo Academy Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $81K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.4%.
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 over $3 million in annual revenue and $6.7 million in assets, suggesting either a volunteer-led executive team or compensation being reported under other expense categories.
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 Apparo Academy Inc's IRS 990 filings:
- 0% officer compensation reported for an organization of this size, which may indicate compensation is reported in other categories or a fully volunteer executive team, warranting further investigation into how leadership is compensated or sustained.
Strengths
The following positive indicators were identified for Apparo Academy Inc:
- Strong financial health with consistent revenue growth and substantial assets ($6,725,208 in 2023).
- Excellent financial stability with liabilities ($366,483 in 2023) being a small fraction of assets.
- Consistent filing of IRS 990s over 12 periods, demonstrating transparency.
- Remarkable commitment to mission, indicated by 0% officer compensation reported across all filings.
- Efficient spending, with expenses closely tracking revenue in recent periods (e.g., $3,002,857 expenses vs. $3,083,965 revenue in 2023).
Frequently Asked Questions about Apparo Academy Inc
Is Apparo Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Apparo Academy Inc (EIN: 204497306) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Apparo Academy Inc spend its money?
Apparo Academy Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Apparo Academy Inc tax-deductible?
Apparo Academy Inc is registered as a tax-exempt nonprofit (EIN: 204497306). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Apparo Academy Inc a good charity?
Based on the provided financial data, Apparo Academy Inc appears to be a very good charity. It demonstrates strong financial health, significant asset growth, and a remarkable commitment to directing funds towards its mission by reporting 0% officer compensation across all filings. Their consistent financial reporting also indicates transparency.
How has Apparo Academy Inc's revenue changed over time?
Apparo Academy Inc has experienced substantial revenue growth, particularly from 2020 ($813,327) to 2021 ($4,387,650). While there was a slight dip in 2023 ($3,083,965) from 2022 ($3,949,169), the overall trend since 2014 has been one of significant expansion.
What is the organization's asset growth like?
The organization has shown impressive asset growth, increasing from $1,797,250 in 2020 to $6,725,208 in 2023. This indicates strong financial management and accumulation of resources to support its mission.
Filing History
IRS 990 filing history for Apparo Academy Inc showing financial trends over 12 years of public records:
In its most recent filing year (2023), Apparo Academy Inc reported a surplus of $81K, with revenue exceeding expenses. The organization holds $366K in liabilities against $6.7M in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $6.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $3.0M | $6.7M | $366K | — | View 990 |
| 2022 | $3.9M | $1.8M | $6.8M | $578K | — | View 990 |
| 2021 | $4.4M | $1.4M | $4.5M | $401K | — | View 990 |
| 2020 | $813K | $748K | $1.8M | $663K | — | View 990 |
| 2019 | $1.4M | $701K | $1.4M | $403K | — | View 990 |
| 2018 | $415K | $123K | $722K | $409K | — | View 990 |
| 2017 | $28K | $46K | $15K | $0 | — | View 990 |
| 2016 | $53K | $50K | $33K | $0 | — | View 990 |
| 2015 | $49K | $57K | $30K | $0 | — | View 990 |
| 2014 | $29K | $44K | $38K | $0 | — | View 990 |
| 2012 | $54K | $52K | $24K | $0 | — | — |
| 2011 | $0 | $0 | $0 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $3.0M, and assets of $6.7M (revenue -21.9% year-over-year).
- 2022: Revenue of $3.9M, expenses of $1.8M, and assets of $6.8M (revenue -10.0% year-over-year).
- 2021: Revenue of $4.4M, expenses of $1.4M, and assets of $4.5M (revenue +439.5% year-over-year).
- 2020: Revenue of $813K, expenses of $748K, and assets of $1.8M (revenue -40.4% year-over-year).
- 2019: Revenue of $1.4M, expenses of $701K, and assets of $1.4M (revenue +228.8% year-over-year).
- 2018: Revenue of $415K, expenses of $123K, and assets of $722K (revenue +1388.8% year-over-year).
- 2017: Revenue of $28K, expenses of $46K, and assets of $15K (revenue -47.7% year-over-year).
- 2016: Revenue of $53K, expenses of $50K, and assets of $33K (revenue +9.8% year-over-year).
- 2015: Revenue of $49K, expenses of $57K, and assets of $30K (revenue +69.3% year-over-year).
- 2014: Revenue of $29K, expenses of $44K, and assets of $38K (revenue -46.5% year-over-year).
- 2012: Revenue of $54K, expenses of $52K, and assets of $24K.
- 2011: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Apparo Academy Inc:
Data Sources and Methodology
This transparency report for Apparo 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.