California Academy Of Audiology
EIN: 943241079 · Arden, NC
Is California Academy Of Audiology Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About California Academy Of Audiology
California Academy Of Audiology (EIN: 943241079) is a nonprofit organization based in Arden, NC. The organization reported total revenue of $308K and total assets of $338K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of California Academy Of Audiology's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
California Academy Of Audiology is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $335K |
| Total Expenses | $282K |
| Surplus / Deficit | +$53K |
| Total Assets | $340K |
| Total Liabilities | $3K |
| Net Assets | $337K |
| Operating Margin | 15.9% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 14.5 months |
Financial Health Grade: A
In 2023, California Academy Of Audiology reported a surplus of $53K with revenue exceeding expenses, holds 14.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2010–2023), California Academy Of Audiology's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.2% | +1.5% | +19.3% |
| 2022 | +21.3% | +32.6% | +4.0% |
| 2021 | +44.3% | +51.3% | +10.2% |
| 2020 | -50.6% | -49.0% | +11.8% |
| 2019 | +37.4% | +7.7% | +42.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for California Academy Of Audiology 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 California Academy Of Audiology 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 $53K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about California Academy Of Audiology
Is California Academy Of Audiology a legitimate charity?
Based on AI analysis of IRS 990 filings, California Academy Of Audiology (EIN: 943241079) insufficient data. 0 red flags identified, 0 strengths noted.
How does California Academy Of Audiology spend its money?
Detailed spending breakdown data is not yet available for California Academy Of Audiology. Check back for updated IRS 990 analysis.
Are donations to California Academy Of Audiology tax-deductible?
California Academy Of Audiology is registered as a tax-exempt nonprofit (EIN: 943241079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for California Academy Of Audiology showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), California Academy Of Audiology's revenue has grown by 86.4%, moving from $180K to $335K. Total assets increased by 267.9% over the same period, from $93K to $340K. Total functional expenses rose by 41.9%, from $199K to $282K. In its most recent filing year (2023), California Academy Of Audiology reported a surplus of $53K, with revenue exceeding expenses. The organization holds $3K in liabilities against $340K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $337K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $335K | $282K | $340K | $3K | — | View 990 |
| 2022 | $288K | $278K | $285K | $2K | — | View 990 |
| 2021 | $238K | $210K | $274K | $1K | — | View 990 |
| 2020 | $165K | $139K | $249K | $4K | — | — |
| 2019 | $333K | $272K | $222K | $4K | — | View 990 |
| 2018 | $243K | $252K | $157K | $0 | — | View 990 |
| 2017 | $218K | $225K | $166K | $0 | — | View 990 |
| 2016 | $100K | $115K | $174K | $0 | — | View 990 |
| 2015 | $71K | $96K | $188K | $0 | — | View 990 |
| 2014 | $200K | $158K | $214K | $0 | — | View 990 |
| 2012 | $221K | $177K | $164K | $0 | — | View 990 |
| 2011 | $177K | $149K | $120K | $0 | — | View 990 |
| 2010 | $180K | $199K | $93K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $335K, expenses of $282K, and assets of $340K (revenue +16.2% year-over-year).
- 2022: Revenue of $288K, expenses of $278K, and assets of $285K (revenue +21.3% year-over-year).
- 2021: Revenue of $238K, expenses of $210K, and assets of $274K (revenue +44.3% year-over-year).
- 2020: Revenue of $165K, expenses of $139K, and assets of $249K (revenue -50.6% year-over-year).
- 2019: Revenue of $333K, expenses of $272K, and assets of $222K (revenue +37.4% year-over-year).
- 2018: Revenue of $243K, expenses of $252K, and assets of $157K (revenue +11.5% year-over-year).
- 2017: Revenue of $218K, expenses of $225K, and assets of $166K (revenue +118.4% year-over-year).
- 2016: Revenue of $100K, expenses of $115K, and assets of $174K (revenue +40.8% year-over-year).
- 2015: Revenue of $71K, expenses of $96K, and assets of $188K (revenue -64.7% year-over-year).
- 2014: Revenue of $200K, expenses of $158K, and assets of $214K (revenue -9.5% year-over-year).
- 2012: Revenue of $221K, expenses of $177K, and assets of $164K (revenue +25.3% year-over-year).
- 2011: Revenue of $177K, expenses of $149K, and assets of $120K (revenue -1.8% year-over-year).
- 2010: Revenue of $180K, expenses of $199K, and assets of $93K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for California Academy Of Audiology:
Data Sources and Methodology
This transparency report for California Academy Of Audiology 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.