Athletics For Education And Success Inc
Athletics For Education And Success Inc shows consistent mission focus but faces recent financial challenges with expenses exceeding revenue and increasing liabilities.
EIN: 204900722 · Fort Dodge, IA · NTEE: B80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $551K |
| Total Expenses | $468K |
| Program Spending | 80% |
| Net Assets | $575K |
| Transparency Score | 75/100 |
Is Athletics For Education And Success Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Athletics For Education And Success Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Athletics For Education And Success Inc
Athletics For Education And Success Inc (EIN: 204900722) is a nonprofit organization based in Fort Dodge, IA, classified under NTEE code B80. The organization reported total revenue of $551K and total assets of $844K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Athletics For Education And Success Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Athletics For Education And Success Inc is a small nonprofit that has been operating for 4 years, with 10 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $444K |
| Total Expenses | $468K |
| Surplus / Deficit | $-24,119 |
| Total Assets | $856K |
| Total Liabilities | $280K |
| Net Assets | $575K |
| Operating Margin | -5.4% |
| Debt-to-Asset Ratio | 32.8% |
| Months of Reserves | 22.0 months |
Financial Health Grade: B
In 2023, Athletics For Education And Success Inc reported a deficit of $24K with expenses exceeding revenue, holds 22.0 months of operating reserves (strong position), has a debt-to-asset ratio of 32.8% (moderate leverage).
Financial Trends
Over 10 years of filings (2010–2023), Athletics For Education And Success Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.9% | +3.9% | -4.7% |
| 2022 | +58.9% | +71.2% | -5.7% |
| 2019 | +15.2% | -9.1% | -4.8% |
| 2017 | -47.8% | -3.9% | -8.2% |
| 2016 | +4.1% | -11.0% | +149.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1250 |
| IRS Ruling Date | 2022 |
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 Athletics For Education And Success Inc with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Athletics For Education And Success Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 32.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are either unpaid volunteers or compensated through mechanisms not classified as officer compensation on the 990, which is a strong positive for resource allocation to 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 Athletics For Education And Success Inc's IRS 990 filings:
- Expenses consistently exceeding revenue in recent years (e.g., 202312, 202212)
- Significant increase in liabilities from $0 in 2015 to $280,466 in 2023
- Declining asset base from a peak of $1,088,974 in 2016 to $855,810 in 2023
Strengths
The following positive indicators were identified for Athletics For Education And Success Inc:
- Consistent 0% officer compensation across all reported periods, indicating strong fiscal responsibility at the leadership level.
- Long history of IRS 990 filings (10 filings), demonstrating transparency.
- Sustained operations over many years, indicating resilience and community support.
Frequently Asked Questions about Athletics For Education And Success Inc
Is Athletics For Education And Success Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Athletics For Education And Success Inc (EIN: 204900722) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Athletics For Education And Success Inc spend its money?
Athletics For Education And Success Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Athletics For Education And Success Inc tax-deductible?
Athletics For Education And Success Inc is registered as a tax-exempt nonprofit (EIN: 204900722). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Athletics For Education And Success Inc's spending goes to programs?
Athletics For Education And Success Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Athletics For Education And Success Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Athletics For Education And Success Inc is above average for NTEE category B80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Athletics For Education And Success Inc located?
Athletics For Education And Success Inc is headquartered in Fort Dodge, Iowa and files with the IRS under EIN 204900722. It is classified under NTEE code B80.
How many years of IRS 990 filings does Athletics For Education And Success Inc have?
Athletics For Education And Success Inc has 10 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 $551K in total revenue.
Why have liabilities increased significantly from $0 in 2015 to $280,466 in 2023?
The provided data shows a substantial increase in liabilities, from $0 in 2015 to $280,466 in 2023. This could be due to various factors such as new debt, deferred revenue, or accounts payable. A detailed review of the full IRS 990 forms would be needed to identify the specific nature of these liabilities.
What is the reason for expenses exceeding revenue in recent years (e.g., 202312, 202212)?
In 202312, expenses ($467,836) exceeded revenue ($443,717) by $24,119, and a similar trend was observed in 202212. This could indicate the organization is drawing down reserves, experiencing temporary funding shortfalls, or investing in programs beyond current income. Understanding the specific expense categories would clarify this trend.
How does the organization plan to address the decline in assets from $1,088,974 in 2016 to $855,810 in 2023?
The organization's assets have shown a downward trend since 2016. This could be related to asset depreciation, sale of assets, or using assets to cover operational deficits. A strategic plan for asset management and growth would be important for long-term financial health.
Filing History
IRS 990 filing history for Athletics For Education And Success Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2023), Athletics For Education And Success Inc's revenue has grown by 92.2%, moving from $231K to $444K. Total assets increased by 223934% over the same period, from $382 to $856K. Total functional expenses rose by 106.6%, from $226K to $468K. In its most recent filing year (2023), Athletics For Education And Success Inc reported a deficit of $24K, with expenses exceeding revenue. The organization holds $280K in liabilities against $856K in assets (debt-to-asset ratio: 32.8%), resulting in net assets of $575K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $444K | $468K | $856K | $280K | — | — |
| 2022 | $400K | $450K | $898K | $298K | — | — |
| 2019 | $252K | $263K | $953K | $401K | — | — |
| 2017 | $219K | $289K | $1.0M | $389K | — | — |
| 2016 | $419K | $301K | $1.1M | $406K | — | View 990 |
| 2015 | $403K | $338K | $437K | $0 | — | View 990 |
| 2014 | $320K | $337K | $91K | $0 | — | View 990 |
| 2013 | $302K | $290K | $107K | $0 | — | View 990 |
| 2012 | $328K | $338K | $75K | $0 | — | View 990 |
| 2010 | $231K | $226K | $382 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $444K, expenses of $468K, and assets of $856K (revenue +10.9% year-over-year).
- 2022: Revenue of $400K, expenses of $450K, and assets of $898K (revenue +58.9% year-over-year).
- 2019: Revenue of $252K, expenses of $263K, and assets of $953K (revenue +15.2% year-over-year).
- 2017: Revenue of $219K, expenses of $289K, and assets of $1.0M (revenue -47.8% year-over-year).
- 2016: Revenue of $419K, expenses of $301K, and assets of $1.1M (revenue +4.1% year-over-year).
- 2015: Revenue of $403K, expenses of $338K, and assets of $437K (revenue +25.8% year-over-year).
- 2014: Revenue of $320K, expenses of $337K, and assets of $91K (revenue +6.1% year-over-year).
- 2013: Revenue of $302K, expenses of $290K, and assets of $107K (revenue -7.9% year-over-year).
- 2012: Revenue of $328K, expenses of $338K, and assets of $75K (revenue +41.9% year-over-year).
- 2010: Revenue of $231K, expenses of $226K, and assets of $382.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Athletics For Education And Success Inc:
Data Sources and Methodology
This transparency report for Athletics For Education And Success 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.