Building Blocks Academy
EIN: 844268633 · Woodbine, IA
| Metric | Value |
|---|---|
| Total Revenue | $425K |
| Total Expenses | $350K |
| Net Assets | $785K |
Is Building Blocks Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Building Blocks Academy
Building Blocks Academy (EIN: 844268633) is a nonprofit organization based in Woodbine, IA. The organization reported total revenue of $425K and total assets of $932K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Building Blocks Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Building Blocks Academy is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -49.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $280K |
| Total Expenses | $350K |
| Surplus / Deficit | $-69,147 |
| Total Assets | $963K |
| Total Liabilities | $178K |
| Net Assets | $785K |
| Operating Margin | -24.7% |
| Debt-to-Asset Ratio | 18.4% |
| Months of Reserves | 33.1 months |
Financial Health Grade: B
In 2023, Building Blocks Academy reported a deficit of $69K with expenses exceeding revenue, holds 33.1 months of operating reserves (strong position), has a debt-to-asset ratio of 18.4% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Building Blocks Academy's revenue has declined at a compound annual growth rate (CAGR) of -49.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.4% | -7.6% | -7.4% |
| 2022 | -64.8% | +30.4% | +9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Building Blocks Academy 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 Building Blocks Academy 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 deficit of $69K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.4%.
Frequently Asked Questions about Building Blocks Academy
Is Building Blocks Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Building Blocks Academy (EIN: 844268633) insufficient data. 0 red flags identified, 0 strengths noted.
How does Building Blocks Academy spend its money?
Detailed spending breakdown data is not yet available for Building Blocks Academy. Check back for updated IRS 990 analysis.
Are donations to Building Blocks Academy tax-deductible?
Building Blocks Academy is registered as a tax-exempt nonprofit (EIN: 844268633). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Building Blocks Academy located?
Building Blocks Academy is headquartered in Woodbine, Iowa and files with the IRS under EIN 844268633.
How many years of IRS 990 filings does Building Blocks Academy have?
Building Blocks Academy 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 $425K in total revenue.
Filing History
IRS 990 filing history for Building Blocks Academy showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Building Blocks Academy's revenue has declined by 74.8%, moving from $1.1M to $280K. Total assets increased by 1.4% over the same period, from $949K to $963K. Total functional expenses rose by 20.5%, from $290K to $350K. In its most recent filing year (2023), Building Blocks Academy reported a deficit of $69K, with expenses exceeding revenue. The organization holds $178K in liabilities against $963K in assets (debt-to-asset ratio: 18.4%), resulting in net assets of $785K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $280K | $350K | $963K | $178K | — | View 990 |
| 2022 | $391K | $378K | $1.0M | $129K | — | View 990 |
| 2021 | $1.1M | $290K | $949K | $129K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $280K, expenses of $350K, and assets of $963K (revenue -28.4% year-over-year).
- 2022: Revenue of $391K, expenses of $378K, and assets of $1.0M (revenue -64.8% year-over-year).
- 2021: Revenue of $1.1M, expenses of $290K, and assets of $949K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Building Blocks Academy:
Data Sources and Methodology
This transparency report for Building Blocks Academy 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.