Atlanta Neighborhood Charter School Inc
EIN: 582435592 · Atlanta, GA · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $17.8M |
| Total Expenses | $15.9M |
| Net Assets | $5.6M |
Is Atlanta Neighborhood Charter School Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Atlanta Neighborhood Charter School Inc
Atlanta Neighborhood Charter School Inc (EIN: 582435592) is a nonprofit organization based in Atlanta, GA, classified under NTEE code B12. The organization reported total revenue of $17.8M and total assets of $9.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlanta Neighborhood Charter School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Atlanta Neighborhood Charter School Inc is a large nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.2M |
| Total Expenses | $15.9M |
| Surplus / Deficit | $-718,728 |
| Total Assets | $8.1M |
| Total Liabilities | $2.5M |
| Net Assets | $5.6M |
| Operating Margin | -4.7% |
| Debt-to-Asset Ratio | 30.9% |
| Months of Reserves | 6.2 months |
Financial Health Grade: B
In 2023, Atlanta Neighborhood Charter School Inc reported a deficit of $719K with expenses exceeding revenue, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 30.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Atlanta Neighborhood Charter School Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.8% | -0.8% | -6.4% |
| 2022 | -1.6% | +17.1% | +0.3% |
| 2021 | +24.9% | +9.7% | +9.9% |
| 2020 | +4.0% | +1.0% | +43.3% |
| 2019 | +12.2% | +9.8% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Atlanta Neighborhood Charter School Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Atlanta Neighborhood Charter School Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $719K, with expenses exceeding revenue.
- Debt-to-asset ratio: 30.9%.
Frequently Asked Questions about Atlanta Neighborhood Charter School Inc
Is Atlanta Neighborhood Charter School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Atlanta Neighborhood Charter School Inc (EIN: 582435592) insufficient data. 0 red flags identified, 0 strengths noted.
How does Atlanta Neighborhood Charter School Inc spend its money?
Detailed spending breakdown data is not yet available for Atlanta Neighborhood Charter School Inc. Check back for updated IRS 990 analysis.
Are donations to Atlanta Neighborhood Charter School Inc tax-deductible?
Atlanta Neighborhood Charter School Inc is registered as a tax-exempt nonprofit (EIN: 582435592). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Atlanta Neighborhood Charter School Inc located?
Atlanta Neighborhood Charter School Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 582435592. It is classified under NTEE code B12.
How many years of IRS 990 filings does Atlanta Neighborhood Charter School Inc have?
Atlanta Neighborhood Charter School 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 $17.8M in total revenue.
Filing History
IRS 990 filing history for Atlanta Neighborhood Charter School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Atlanta Neighborhood Charter School Inc's revenue has grown by 247.8%, moving from $4.4M to $15.2M. Total assets increased by 384.2% over the same period, from $1.7M to $8.1M. Total functional expenses rose by 258.7%, from $4.4M to $15.9M. In its most recent filing year (2023), Atlanta Neighborhood Charter School Inc reported a deficit of $719K, with expenses exceeding revenue. The organization holds $2.5M in liabilities against $8.1M in assets (debt-to-asset ratio: 30.9%), resulting in net assets of $5.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.2M | $15.9M | $8.1M | $2.5M | — | View 990 |
| 2022 | $15.9M | $16.0M | $8.7M | $2.4M | — | View 990 |
| 2021 | $16.2M | $13.7M | $8.7M | $2.3M | — | — |
| 2020 | $13.0M | $12.5M | $7.9M | $4.0M | — | View 990 |
| 2019 | $12.5M | $12.3M | $5.5M | $2.1M | — | View 990 |
| 2018 | $11.1M | $11.2M | $5.3M | $2.1M | — | View 990 |
| 2017 | $11.4M | $10.4M | $5.3M | $2.0M | — | View 990 |
| 2016 | $10.4M | $9.9M | $4.4M | $2.0M | — | View 990 |
| 2015 | $9.1M | $9.0M | $3.9M | $2.1M | — | View 990 |
| 2014 | $8.5M | $8.0M | $3.9M | $2.2M | — | View 990 |
| 2013 | $6.9M | $7.3M | $3.0M | $1.8M | — | View 990 |
| 2012 | $6.9M | $7.3M | $3.6M | $1.9M | — | View 990 |
| 2011 | $4.4M | $4.4M | $1.7M | $243K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.2M, expenses of $15.9M, and assets of $8.1M (revenue -4.8% year-over-year).
- 2022: Revenue of $15.9M, expenses of $16.0M, and assets of $8.7M (revenue -1.6% year-over-year).
- 2021: Revenue of $16.2M, expenses of $13.7M, and assets of $8.7M (revenue +24.9% year-over-year).
- 2020: Revenue of $13.0M, expenses of $12.5M, and assets of $7.9M (revenue +4.0% year-over-year).
- 2019: Revenue of $12.5M, expenses of $12.3M, and assets of $5.5M (revenue +12.2% year-over-year).
- 2018: Revenue of $11.1M, expenses of $11.2M, and assets of $5.3M (revenue -2.3% year-over-year).
- 2017: Revenue of $11.4M, expenses of $10.4M, and assets of $5.3M (revenue +9.2% year-over-year).
- 2016: Revenue of $10.4M, expenses of $9.9M, and assets of $4.4M (revenue +14.5% year-over-year).
- 2015: Revenue of $9.1M, expenses of $9.0M, and assets of $3.9M (revenue +6.9% year-over-year).
- 2014: Revenue of $8.5M, expenses of $8.0M, and assets of $3.9M (revenue +24.1% year-over-year).
- 2013: Revenue of $6.9M, expenses of $7.3M, and assets of $3.0M (revenue -0.4% year-over-year).
- 2012: Revenue of $6.9M, expenses of $7.3M, and assets of $3.6M (revenue +57.8% year-over-year).
- 2011: Revenue of $4.4M, expenses of $4.4M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Atlanta Neighborhood Charter School Inc:
Data Sources and Methodology
This transparency report for Atlanta Neighborhood Charter School 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.