Avance Schools Inc
Avance Schools Inc. consistently operates near break-even with zero reported officer compensation.
EIN: 203082187 · Los Angeles, CA · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.2M |
| Total Expenses | $8.2M |
| Program Spending | 90% |
| Net Assets | $346K |
| Transparency Score | 92/100 |
Is Avance Schools Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Avance Schools Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Avance Schools Inc
Avance Schools Inc (EIN: 203082187) is a nonprofit organization based in Los Angeles, CA, classified under NTEE code B29. The organization reported total revenue of $6.2M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Avance Schools Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Avance Schools Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.2M |
| Total Expenses | $8.2M |
| Surplus / Deficit | $-16,058 |
| Total Assets | $4.2M |
| Total Liabilities | $3.8M |
| Net Assets | $346K |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 91.7% |
| Months of Reserves | 6.1 months |
Financial Health Grade: C
In 2023, Avance Schools Inc reported a deficit of $16K with expenses exceeding revenue, holds 6.1 months of operating reserves (strong position), has a debt-to-asset ratio of 91.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Avance Schools Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.2% | +7.8% | +57.8% |
| 2022 | +27.2% | +27.6% | -8.1% |
| 2021 | +8.5% | +8.7% | -0.7% |
| 2020 | -5.4% | -2.5% | +85.4% |
| 2019 | +16.8% | +0.9% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Avance Schools Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Avance Schools Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 91.7%.
Executive Compensation Analysis
Avance Schools Inc. consistently reports 0% officer compensation across all available filings, indicating that no portion of its revenue is allocated to executive salaries, which is highly unusual and suggests a strong commitment to its 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 Avance Schools Inc's IRS 990 filings:
- Expenses occasionally exceed revenue, as seen in 2023 ($8,201,303 expenses vs. $8,185,245 revenue), which could indicate reliance on reserves or other funding sources.
Strengths
The following positive indicators were identified for Avance Schools Inc:
- Consistent reporting of 0% officer compensation, demonstrating strong commitment to mission.
- Steady growth in revenue and assets over the past decade, indicating financial stability and expansion.
- Efficient spending, with expenses closely tracking revenue, suggesting funds are actively deployed for programs.
- Healthy asset-to-liability ratio, indicating a strong financial position.
Frequently Asked Questions about Avance Schools Inc
Is Avance Schools Inc a legitimate charity?
Avance Schools Inc (EIN: 203082187) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.2M. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Avance Schools Inc spend its money?
Avance Schools Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Avance Schools Inc tax-deductible?
Avance Schools Inc is registered as a tax-exempt nonprofit (EIN: 203082187). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Avance Schools Inc's spending goes to programs?
Avance Schools Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Avance Schools Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Avance Schools Inc is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Avance Schools Inc located?
Avance Schools Inc is headquartered in Los Angeles, California and files with the IRS under EIN 203082187. It is classified under NTEE code B29.
How many years of IRS 990 filings does Avance Schools Inc have?
Avance Schools 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 $6.2M in total revenue.
Is Avance Schools Inc. a good charity?
Based on the available IRS 990 data, Avance Schools Inc. appears to be a very good charity. It consistently operates near break-even, indicating efficient use of funds, and notably reports 0% officer compensation, suggesting a strong dedication to its mission.
How has Avance Schools Inc.'s financial health changed over time?
Avance Schools Inc. has shown consistent growth in both revenue and assets over the past decade. Revenue increased from $4,836,265 in 2014 to $8,185,245 in 2023, and assets grew from $2,252,568 to $4,182,879 in the same period, indicating a healthy and expanding financial base.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly transparent and mission-focused, as it consistently reports 0% officer compensation in all available IRS 990 filings, meaning no funds are used for executive salaries.
Filing History
IRS 990 filing history for Avance Schools Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Avance Schools Inc's revenue has grown by 163.5%, moving from $3.1M to $8.2M. Total assets increased by 67.8% over the same period, from $2.5M to $4.2M. Total functional expenses rose by 117%, from $3.8M to $8.2M. In its most recent filing year (2023), Avance Schools Inc reported a deficit of $16K, with expenses exceeding revenue. The organization holds $3.8M in liabilities against $4.2M in assets (debt-to-asset ratio: 91.7%), resulting in net assets of $346K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.2M | $8.2M | $4.2M | $3.8M | — | — |
| 2022 | $7.6M | $7.6M | $2.7M | $2.3M | — | View 990 |
| 2021 | $6.0M | $6.0M | $2.9M | $2.6M | — | — |
| 2020 | $5.5M | $5.5M | $2.9M | $2.6M | — | View 990 |
| 2019 | $5.9M | $5.6M | $1.6M | $1.3M | — | View 990 |
| 2018 | $5.0M | $5.6M | $1.6M | $1.6M | — | View 990 |
| 2017 | $6.0M | $6.2M | $2.4M | $2.0M | — | View 990 |
| 2016 | $5.7M | $5.6M | $3.1M | $1.6M | — | View 990 |
| 2015 | $5.2M | $4.7M | $2.8M | $1.5M | — | View 990 |
| 2014 | $4.8M | $4.3M | $2.3M | $2.0M | — | View 990 |
| 2013 | $4.5M | $4.2M | $2.4M | $2.6M | — | View 990 |
| 2012 | $3.5M | $4.0M | $2.0M | $2.6M | — | View 990 |
| 2011 | $3.1M | $3.8M | $2.5M | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.2M, expenses of $8.2M, and assets of $4.2M (revenue +7.2% year-over-year).
- 2022: Revenue of $7.6M, expenses of $7.6M, and assets of $2.7M (revenue +27.2% year-over-year).
- 2021: Revenue of $6.0M, expenses of $6.0M, and assets of $2.9M (revenue +8.5% year-over-year).
- 2020: Revenue of $5.5M, expenses of $5.5M, and assets of $2.9M (revenue -5.4% year-over-year).
- 2019: Revenue of $5.9M, expenses of $5.6M, and assets of $1.6M (revenue +16.8% year-over-year).
- 2018: Revenue of $5.0M, expenses of $5.6M, and assets of $1.6M (revenue -16.9% year-over-year).
- 2017: Revenue of $6.0M, expenses of $6.2M, and assets of $2.4M (revenue +6.4% year-over-year).
- 2016: Revenue of $5.7M, expenses of $5.6M, and assets of $3.1M (revenue +9.6% year-over-year).
- 2015: Revenue of $5.2M, expenses of $4.7M, and assets of $2.8M (revenue +6.8% year-over-year).
- 2014: Revenue of $4.8M, expenses of $4.3M, and assets of $2.3M (revenue +6.5% year-over-year).
- 2013: Revenue of $4.5M, expenses of $4.2M, and assets of $2.4M (revenue +31.6% year-over-year).
- 2012: Revenue of $3.5M, expenses of $4.0M, and assets of $2.0M (revenue +11.1% year-over-year).
- 2011: Revenue of $3.1M, expenses of $3.8M, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Avance Schools Inc:
Data Sources and Methodology
This transparency report for Avance Schools 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.