Carlton Landing Academy Inc
EIN: 812871671 · Carlton Lndg, OK · NTEE: B29
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $931K |
| Net Assets | $26K |
Is Carlton Landing 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 Carlton Landing Academy Inc
Carlton Landing Academy Inc (EIN: 812871671) is a nonprofit organization based in Carlton Lndg, OK, classified under NTEE code B29. The organization reported total revenue of $1.0M and total assets of $188K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carlton Landing Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carlton Landing Academy Inc is a mid-size nonprofit that has been operating for 8 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $700K |
| Total Expenses | $931K |
| Surplus / Deficit | $-230,523 |
| Total Assets | $86K |
| Total Liabilities | $60K |
| Net Assets | $26K |
| Operating Margin | -32.9% |
| Debt-to-Asset Ratio | 69.7% |
| Months of Reserves | 1.1 months |
Financial Health Grade: D
In 2023, Carlton Landing Academy Inc reported a deficit of $231K with expenses exceeding revenue, holds 1.1 months of operating reserves (limited), has a debt-to-asset ratio of 69.7% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Carlton Landing Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.1% | +30.4% | -71.3% |
| 2022 | -11.5% | -4.1% | +19.8% |
| 2021 | +28.1% | +3.1% | +1.9% |
| 2020 | +3.2% | -6.5% | +58.3% |
| 2019 | -15.9% | +33.5% | -42.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carlton Landing 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 Carlton Landing 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $231K, with expenses exceeding revenue.
- Debt-to-asset ratio: 69.7%.
Frequently Asked Questions about Carlton Landing Academy Inc
Is Carlton Landing Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Carlton Landing Academy Inc (EIN: 812871671) insufficient data. 0 red flags identified, 0 strengths noted.
How does Carlton Landing Academy Inc spend its money?
Detailed spending breakdown data is not yet available for Carlton Landing Academy Inc. Check back for updated IRS 990 analysis.
Are donations to Carlton Landing Academy Inc tax-deductible?
Carlton Landing Academy Inc is registered as a tax-exempt nonprofit (EIN: 812871671). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carlton Landing Academy Inc located?
Carlton Landing Academy Inc is headquartered in Carlton Lndg, Oklahoma and files with the IRS under EIN 812871671. It is classified under NTEE code B29.
How many years of IRS 990 filings does Carlton Landing Academy Inc have?
Carlton Landing Academy Inc has 7 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Carlton Landing Academy Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Carlton Landing Academy Inc's revenue has grown by 100.5%, moving from $349K to $700K. Total assets increased by 40.8% over the same period, from $61K to $86K. Total functional expenses rose by 187.1%, from $324K to $931K. In its most recent filing year (2023), Carlton Landing Academy Inc reported a deficit of $231K, with expenses exceeding revenue. The organization holds $60K in liabilities against $86K in assets (debt-to-asset ratio: 69.7%), resulting in net assets of $26K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $700K | $931K | $86K | $60K | — | View 990 |
| 2022 | $770K | $714K | $298K | $42K | — | View 990 |
| 2021 | $871K | $744K | $249K | $49K | — | View 990 |
| 2020 | $679K | $722K | $244K | $170K | — | View 990 |
| 2019 | $659K | $772K | $154K | $38K | — | View 990 |
| 2018 | $783K | $578K | $270K | $40K | — | View 990 |
| 2017 | $349K | $324K | $61K | $36K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $700K, expenses of $931K, and assets of $86K (revenue -9.1% year-over-year).
- 2022: Revenue of $770K, expenses of $714K, and assets of $298K (revenue -11.5% year-over-year).
- 2021: Revenue of $871K, expenses of $744K, and assets of $249K (revenue +28.1% year-over-year).
- 2020: Revenue of $679K, expenses of $722K, and assets of $244K (revenue +3.2% year-over-year).
- 2019: Revenue of $659K, expenses of $772K, and assets of $154K (revenue -15.9% year-over-year).
- 2018: Revenue of $783K, expenses of $578K, and assets of $270K (revenue +124.1% year-over-year).
- 2017: Revenue of $349K, expenses of $324K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carlton Landing Academy Inc:
Data Sources and Methodology
This transparency report for Carlton Landing 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.