Center City Academy Inc
EIN: 480777369 · Wichita, KS · NTEE: P33Z
| Metric | Value |
|---|---|
| Total Revenue | $242K |
| Total Expenses | $107K |
| Net Assets | $614K |
Is Center City 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 Center City Academy Inc
Center City Academy Inc (EIN: 480777369) is a nonprofit organization based in Wichita, KS, classified under NTEE code P33Z. The organization reported total revenue of $242K and total assets of $640K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center City Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center City Academy Inc is a small nonprofit that has been operating for 55 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $124K |
| Total Expenses | $107K |
| Surplus / Deficit | +$17K |
| Total Assets | $615K |
| Total Liabilities | $672 |
| Net Assets | $614K |
| Operating Margin | 13.4% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 68.7 months |
Financial Health Grade: A
In 2023, Center City Academy Inc reported a surplus of $17K with revenue exceeding expenses, holds 68.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Center City Academy Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -57.7% | -1.5% | +2.5% |
| 2022 | +29.9% | +84.6% | +31.4% |
| 2021 | +22.4% | +46.4% | +2.2% |
| 2020 | +80.1% | +67.8% | +334.5% |
| 2019 | +297.0% | +302.3% | +319.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Center City 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 Center City 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 surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Center City Academy Inc
Is Center City Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Center City Academy Inc (EIN: 480777369) insufficient data. 0 red flags identified, 0 strengths noted.
How does Center City Academy Inc spend its money?
Detailed spending breakdown data is not yet available for Center City Academy Inc. Check back for updated IRS 990 analysis.
Are donations to Center City Academy Inc tax-deductible?
Center City Academy Inc is registered as a tax-exempt nonprofit (EIN: 480777369). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Center City Academy Inc located?
Center City Academy Inc is headquartered in Wichita, Kansas and files with the IRS under EIN 480777369. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Center City Academy Inc have?
Center City 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 $242K in total revenue.
Filing History
IRS 990 filing history for Center City Academy Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Center City Academy Inc's revenue has declined by 74.2%, moving from $481K to $124K. Total assets increased by 3701.5% over the same period, from $16K to $615K. Total functional expenses fell by 77.9%, from $487K to $107K. In its most recent filing year (2023), Center City Academy Inc reported a surplus of $17K, with revenue exceeding expenses. The organization holds $672 in liabilities against $615K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $614K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $124K | $107K | $615K | $672 | — | View 990 |
| 2022 | $293K | $109K | $600K | $2K | — | View 990 |
| 2021 | $226K | $59K | $457K | $43K | — | — |
| 2020 | $184K | $40K | $447K | $200K | — | View 990 |
| 2019 | $102K | $24K | $103K | $0 | — | View 990 |
| 2018 | $26K | $6K | $25K | $0 | — | View 990 |
| 2015 | $7K | $13K | $7K | $0 | — | View 990 |
| 2014 | $315K | $319K | $12K | $0 | — | View 990 |
| 2013 | $508K | $522K | $16K | $52 | — | View 990 |
| 2012 | $459K | $445K | $31K | $158 | — | View 990 |
| 2011 | $481K | $487K | $16K | $62 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $124K, expenses of $107K, and assets of $615K (revenue -57.7% year-over-year).
- 2022: Revenue of $293K, expenses of $109K, and assets of $600K (revenue +29.9% year-over-year).
- 2021: Revenue of $226K, expenses of $59K, and assets of $457K (revenue +22.4% year-over-year).
- 2020: Revenue of $184K, expenses of $40K, and assets of $447K (revenue +80.1% year-over-year).
- 2019: Revenue of $102K, expenses of $24K, and assets of $103K (revenue +297.0% year-over-year).
- 2018: Revenue of $26K, expenses of $6K, and assets of $25K (revenue +252.3% year-over-year).
- 2015: Revenue of $7K, expenses of $13K, and assets of $7K (revenue -97.7% year-over-year).
- 2014: Revenue of $315K, expenses of $319K, and assets of $12K (revenue -37.9% year-over-year).
- 2013: Revenue of $508K, expenses of $522K, and assets of $16K (revenue +10.5% year-over-year).
- 2012: Revenue of $459K, expenses of $445K, and assets of $31K (revenue -4.4% year-over-year).
- 2011: Revenue of $481K, expenses of $487K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center City Academy Inc:
Data Sources and Methodology
This transparency report for Center City 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.