Avant School And Community Foundation
EIN: 852023104 · Avant, OK · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $9K |
| Total Expenses | $15K |
| Net Assets | $38K |
Is Avant School And Community Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Avant School And Community Foundation
Avant School And Community Foundation (EIN: 852023104) is a nonprofit organization based in Avant, OK, classified under NTEE code B12. The organization reported total revenue of $9K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Avant School And Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Avant School And Community Foundation is a micro nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -17.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $15K |
| Surplus / Deficit | +$3K |
| Total Assets | $38K |
| Total Liabilities | $1 |
| Net Assets | $38K |
| Operating Margin | 17.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 30.1 months |
Financial Health Grade: A
In 2023, Avant School And Community Foundation reported a surplus of $3K with revenue exceeding expenses, holds 30.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Avant School And Community Foundation's revenue has declined at a compound annual growth rate (CAGR) of -17.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -82.0% | -85.9% | +8.9% |
| 2022 | +280.1% | +5721.5% | +40.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Avant School And Community Foundation 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 Avant School And Community Foundation 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 $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Avant School And Community Foundation
Is Avant School And Community Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Avant School And Community Foundation (EIN: 852023104) insufficient data. 0 red flags identified, 0 strengths noted.
How does Avant School And Community Foundation spend its money?
Detailed spending breakdown data is not yet available for Avant School And Community Foundation. Check back for updated IRS 990 analysis.
Are donations to Avant School And Community Foundation tax-deductible?
Avant School And Community Foundation is registered as a tax-exempt nonprofit (EIN: 852023104). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Avant School And Community Foundation located?
Avant School And Community Foundation is headquartered in Avant, Oklahoma and files with the IRS under EIN 852023104. It is classified under NTEE code B12.
How many years of IRS 990 filings does Avant School And Community Foundation have?
Avant School And Community Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $9K in total revenue.
Filing History
IRS 990 filing history for Avant School And Community Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Avant School And Community Foundation's revenue has declined by 31.6%, moving from $26K to $18K. Total assets increased by 52.9% over the same period, from $25K to $38K. Total functional expenses rose by 721.8%, from $2K to $15K. In its most recent filing year (2023), Avant School And Community Foundation reported a surplus of $3K, with revenue exceeding expenses. The organization holds $1 in liabilities against $38K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $38K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18K | $15K | $38K | $1 | — | — |
| 2022 | $100K | $106K | $34K | $1 | — | — |
| 2021 | $26K | $2K | $25K | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $18K, expenses of $15K, and assets of $38K (revenue -82.0% year-over-year).
- 2022: Revenue of $100K, expenses of $106K, and assets of $34K (revenue +280.1% year-over-year).
- 2021: Revenue of $26K, expenses of $2K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Avant School And Community Foundation:
Data Sources and Methodology
This transparency report for Avant School And Community Foundation 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.