Black Swan Academy Inc
EIN: 464244374 · Washington, DC · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.5M |
| Net Assets | $1.4M |
Is Black Swan Academy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Black Swan Academy Inc
Black Swan Academy Inc (EIN: 464244374) is a nonprofit organization based in Washington, DC, classified under NTEE code O50. The organization reported total revenue of $1.3M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Black Swan Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Black Swan Academy Inc is a mid-size nonprofit that has been operating for 7 years, with 11 years of IRS 990 filings on record (2014–2024). Revenue has grown at a compound annual rate of 79.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-208,057 |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | -16.4% |
| Months of Reserves | 11.3 months |
Financial Health Grade: B
In 2024, Black Swan Academy Inc reported a deficit of $208K with expenses exceeding revenue, holds 11.3 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2014–2024), Black Swan Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 79.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -21.4% | +18.1% | -13.1% |
| 2023 | +15.2% | -4.2% | +29.5% |
| 2022 | +17.0% | +109.9% | +11.9% |
| 2021 | +79.9% | +64.7% | +106.3% |
| 2020 | +85.4% | +37.7% | +141.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Black Swan Academy 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 Black Swan Academy 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $208K, with expenses exceeding revenue.
Frequently Asked Questions about Black Swan Academy Inc
Is Black Swan Academy Inc a legitimate charity?
Black Swan Academy Inc (EIN: 464244374) is a registered tax-exempt nonprofit based in Washington DC. It has 11 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: B.
How does Black Swan Academy Inc spend its money?
Black Swan Academy Inc reported $1.3M in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Black Swan Academy Inc tax-deductible?
Black Swan Academy Inc is registered as a tax-exempt nonprofit (EIN: 464244374). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Black Swan Academy Inc located?
Black Swan Academy Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 464244374. It is classified under NTEE code O50.
How many years of IRS 990 filings does Black Swan Academy Inc have?
Black Swan Academy Inc has 11 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Black Swan Academy Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2014–2024), Black Swan Academy Inc's revenue has grown by 34651.2%, moving from $4K to $1.3M. Total assets increased by 38976.8% over the same period, from $4K to $1.4M. Total functional expenses rose by 1844626.3%, from $80 to $1.5M. In its most recent filing year (2024), Black Swan Academy Inc reported a deficit of $208K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.3M | $1.5M | $1.4M | $0 | — | — |
| 2023 | $1.6M | $1.2M | $1.6M | $2K | — | — |
| 2022 | $1.4M | $1.3M | $1.2M | $241 | — | View 990 |
| 2021 | $1.2M | $621K | $1.1M | $49K | — | View 990 |
| 2020 | $665K | $377K | $537K | $47K | — | — |
| 2019 | $359K | $274K | $222K | $15K | — | View 990 |
| 2018 | $146K | $44K | $114K | $0 | — | View 990 |
| 2017 | $15K | $23K | $13K | $0 | — | View 990 |
| 2016 | $20K | $25K | $6K | $0 | — | View 990 |
| 2015 | $14K | $6K | $11K | $0 | — | View 990 |
| 2014 | $4K | $80 | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.3M, expenses of $1.5M, and assets of $1.4M (revenue -21.4% year-over-year).
- 2023: Revenue of $1.6M, expenses of $1.2M, and assets of $1.6M (revenue +15.2% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.3M, and assets of $1.2M (revenue +17.0% year-over-year).
- 2021: Revenue of $1.2M, expenses of $621K, and assets of $1.1M (revenue +79.9% year-over-year).
- 2020: Revenue of $665K, expenses of $377K, and assets of $537K (revenue +85.4% year-over-year).
- 2019: Revenue of $359K, expenses of $274K, and assets of $222K (revenue +145.4% year-over-year).
- 2018: Revenue of $146K, expenses of $44K, and assets of $114K (revenue +853.6% year-over-year).
- 2017: Revenue of $15K, expenses of $23K, and assets of $13K (revenue -23.6% year-over-year).
- 2016: Revenue of $20K, expenses of $25K, and assets of $6K (revenue +45.9% year-over-year).
- 2015: Revenue of $14K, expenses of $6K, and assets of $11K (revenue +277.1% year-over-year).
- 2014: Revenue of $4K, expenses of $80, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Black Swan Academy Inc:
Data Sources and Methodology
This transparency report for Black Swan Academy 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.