Austin Explore Inc
Austin Explore Inc shows consistent revenue and asset growth, with a recent deficit in 2023.
EIN: 205496495 · Austin, TX · NTEE: B92 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $1.8M |
| Program Spending | 80% |
| Net Assets | $2.2M |
| Transparency Score | 85/100 |
Is Austin Explore Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Austin Explore Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Austin Explore Inc
Austin Explore Inc (EIN: 205496495) is a nonprofit organization based in Austin, TX, classified under NTEE code B92. The organization reported total revenue of $2.3M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Austin Explore Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Austin Explore Inc is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 14.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-303,540 |
| Total Assets | $2.3M |
| Total Liabilities | $112K |
| Net Assets | $2.2M |
| Operating Margin | -20.6% |
| Debt-to-Asset Ratio | 4.9% |
| Months of Reserves | 15.4 months |
Financial Health Grade: B
In 2023, Austin Explore Inc reported a deficit of $304K with expenses exceeding revenue, holds 15.4 months of operating reserves (strong position), has a debt-to-asset ratio of 4.9% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Austin Explore Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.1% | +27.6% | -13.4% |
| 2022 | +14.8% | +8.2% | +30.4% |
| 2021 | +31.2% | +19.7% | +11.3% |
| 2020 | -20.3% | -21.1% | +18.6% |
| 2019 | +1.6% | +17.5% | +15.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Austin Explore Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Austin Explore 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 $304K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.9%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a strong commitment to directing all available funds towards the organization's 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 Austin Explore Inc's IRS 990 filings:
- Deficit in 2023 ($303,540), where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Austin Explore Inc:
- Consistent reporting of 0% officer compensation, indicating strong resource allocation to mission.
- Steady growth in assets over the past decade, reaching $2,288,822 in 2023.
- Generally positive revenue-to-expense ratio in most years prior to 2023.
Frequently Asked Questions about Austin Explore Inc
Is Austin Explore Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Austin Explore Inc (EIN: 205496495) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Austin Explore Inc spend its money?
Austin Explore Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Austin Explore Inc tax-deductible?
Austin Explore Inc is registered as a tax-exempt nonprofit (EIN: 205496495). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Austin Explore Inc's spending goes to programs?
Austin Explore Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Austin Explore Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Austin Explore Inc is above average for NTEE category B92 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Austin Explore Inc located?
Austin Explore Inc is headquartered in Austin, Texas and files with the IRS under EIN 205496495. It is classified under NTEE code B92.
How many years of IRS 990 filings does Austin Explore Inc have?
Austin Explore Inc has 14 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 $2.3M in total revenue.
Is Austin Explore Inc financially stable?
Yes, despite a deficit in 2023, Austin Explore Inc has demonstrated consistent revenue generation and asset growth over the past decade, with assets reaching $2,288,822 in 2023, indicating overall financial stability.
How does Austin Explore Inc manage executive compensation?
Austin Explore Inc reports 0% officer compensation in all available filings, meaning no officers received salaries from the organization, which is a strong positive for resource allocation to its mission.
What was the financial performance in 2023?
In 2023, Austin Explore Inc reported revenue of $1,476,478 and expenses of $1,780,018, resulting in a deficit of $303,540 for the year.
Filing History
IRS 990 filing history for Austin Explore Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Austin Explore Inc's revenue has grown by 466.2%, moving from $261K to $1.5M. Total assets increased by 1809.1% over the same period, from $120K to $2.3M. Total functional expenses rose by 807.1%, from $196K to $1.8M. In its most recent filing year (2023), Austin Explore Inc reported a deficit of $304K, with expenses exceeding revenue. The organization holds $112K in liabilities against $2.3M in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.8M | $2.3M | $112K | — | View 990 |
| 2022 | $1.9M | $1.4M | $2.6M | $162K | — | — |
| 2021 | $1.6M | $1.3M | $2.0M | $23K | — | View 990 |
| 2020 | $1.2M | $1.1M | $1.8M | $159K | — | — |
| 2019 | $1.6M | $1.4M | $1.5M | $28K | — | View 990 |
| 2018 | $1.5M | $1.2M | $1.3M | $22K | — | View 990 |
| 2017 | $984K | $1.1M | $966K | $12K | — | View 990 |
| 2016 | $1.1M | $1.0M | $1.1M | $23K | — | View 990 |
| 2015 | $950K | $774K | $1.1M | $9K | — | View 990 |
| 2014 | $1.1M | $744K | $913K | $9K | — | View 990 |
| 2013 | $890K | $656K | $572K | $8K | — | View 990 |
| 2012 | $841K | $667K | $337K | $7K | — | View 990 |
| 2011 | $690K | $610K | $203K | $56K | — | View 990 |
| 2010 | $261K | $196K | $120K | $55K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.8M, and assets of $2.3M (revenue -21.1% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.4M, and assets of $2.6M (revenue +14.8% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.3M, and assets of $2.0M (revenue +31.2% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $1.8M (revenue -20.3% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.4M, and assets of $1.5M (revenue +1.6% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.2M, and assets of $1.3M (revenue +55.9% year-over-year).
- 2017: Revenue of $984K, expenses of $1.1M, and assets of $966K (revenue -8.4% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $1.1M (revenue +13.0% year-over-year).
- 2015: Revenue of $950K, expenses of $774K, and assets of $1.1M (revenue -12.3% year-over-year).
- 2014: Revenue of $1.1M, expenses of $744K, and assets of $913K (revenue +21.8% year-over-year).
- 2013: Revenue of $890K, expenses of $656K, and assets of $572K (revenue +5.8% year-over-year).
- 2012: Revenue of $841K, expenses of $667K, and assets of $337K (revenue +21.9% year-over-year).
- 2011: Revenue of $690K, expenses of $610K, and assets of $203K (revenue +164.7% year-over-year).
- 2010: Revenue of $261K, expenses of $196K, and assets of $120K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Austin Explore Inc:
Data Sources and Methodology
This transparency report for Austin Explore 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.