Atlantic University
EIN: 540784341 · Virginia Bch, VA · NTEE: B43Z
| Metric | Value |
|---|---|
| Total Revenue | $278K |
| Total Expenses | $341K |
| Net Assets | $418K |
Is Atlantic University Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Atlantic University
Atlantic University (EIN: 540784341) is a nonprofit organization based in Virginia Bch, VA, classified under NTEE code B43Z. The organization reported total revenue of $278K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlantic University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Atlantic University is a small nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $456K |
| Total Expenses | $341K |
| Surplus / Deficit | +$115K |
| Total Assets | $875K |
| Total Liabilities | $457K |
| Net Assets | $418K |
| Operating Margin | 25.2% |
| Debt-to-Asset Ratio | 52.3% |
| Months of Reserves | 30.8 months |
Financial Health Grade: A
In 2023, Atlantic University reported a surplus of $115K with revenue exceeding expenses, holds 30.8 months of operating reserves (strong position), has a debt-to-asset ratio of 52.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Atlantic University's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.5% | -1.1% | +35.8% |
| 2022 | -23.2% | -10.5% | +7.4% |
| 2021 | +13.9% | +0.4% | +2.9% |
| 2020 | -9.7% | -14.0% | -0.1% |
| 2019 | -8.9% | +11.3% | +14.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Atlantic University 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 Atlantic University 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 surplus of $115K, with revenue exceeding expenses.
- Debt-to-asset ratio: 52.3%.
Frequently Asked Questions about Atlantic University
Is Atlantic University a legitimate charity?
Based on AI analysis of IRS 990 filings, Atlantic University (EIN: 540784341) insufficient data. 0 red flags identified, 0 strengths noted.
How does Atlantic University spend its money?
Detailed spending breakdown data is not yet available for Atlantic University. Check back for updated IRS 990 analysis.
Are donations to Atlantic University tax-deductible?
Atlantic University is registered as a tax-exempt nonprofit (EIN: 540784341). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Atlantic University located?
Atlantic University is headquartered in Virginia Bch, Virginia and files with the IRS under EIN 540784341. It is classified under NTEE code B43Z.
How many years of IRS 990 filings does Atlantic University have?
Atlantic University 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 $278K in total revenue.
Filing History
IRS 990 filing history for Atlantic University showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Atlantic University's revenue has declined by 6.6%, moving from $488K to $456K. Total assets increased by 193.7% over the same period, from $298K to $875K. Total functional expenses fell by 33.1%, from $510K to $341K. In its most recent filing year (2023), Atlantic University reported a surplus of $115K, with revenue exceeding expenses. The organization holds $457K in liabilities against $875K in assets (debt-to-asset ratio: 52.3%), resulting in net assets of $418K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $456K | $341K | $875K | $457K | — | — |
| 2022 | $360K | $345K | $644K | $371K | — | View 990 |
| 2021 | $469K | $385K | $599K | $266K | — | View 990 |
| 2020 | $412K | $383K | $583K | $329K | — | — |
| 2019 | $456K | $446K | $583K | $304K | — | View 990 |
| 2018 | $501K | $401K | $511K | $300K | — | View 990 |
| 2017 | $380K | $307K | $491K | $330K | — | View 990 |
| 2016 | $305K | $362K | $389K | $333K | — | View 990 |
| 2015 | $374K | $383K | $363K | $259K | — | View 990 |
| 2014 | $413K | $410K | $373K | $237K | — | View 990 |
| 2013 | $389K | $370K | $354K | $245K | — | View 990 |
| 2012 | $428K | $462K | $332K | $265K | — | View 990 |
| 2011 | $488K | $510K | $298K | $211K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $456K, expenses of $341K, and assets of $875K (revenue +26.5% year-over-year).
- 2022: Revenue of $360K, expenses of $345K, and assets of $644K (revenue -23.2% year-over-year).
- 2021: Revenue of $469K, expenses of $385K, and assets of $599K (revenue +13.9% year-over-year).
- 2020: Revenue of $412K, expenses of $383K, and assets of $583K (revenue -9.7% year-over-year).
- 2019: Revenue of $456K, expenses of $446K, and assets of $583K (revenue -8.9% year-over-year).
- 2018: Revenue of $501K, expenses of $401K, and assets of $511K (revenue +31.9% year-over-year).
- 2017: Revenue of $380K, expenses of $307K, and assets of $491K (revenue +24.6% year-over-year).
- 2016: Revenue of $305K, expenses of $362K, and assets of $389K (revenue -18.5% year-over-year).
- 2015: Revenue of $374K, expenses of $383K, and assets of $363K (revenue -9.6% year-over-year).
- 2014: Revenue of $413K, expenses of $410K, and assets of $373K (revenue +6.2% year-over-year).
- 2013: Revenue of $389K, expenses of $370K, and assets of $354K (revenue -9.1% year-over-year).
- 2012: Revenue of $428K, expenses of $462K, and assets of $332K (revenue -12.3% year-over-year).
- 2011: Revenue of $488K, expenses of $510K, and assets of $298K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Atlantic University:
Data Sources and Methodology
This transparency report for Atlantic University 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.