Chandler Preparatory Academy
Chandler Preparatory Academy shows strong program spending and asset growth, with a recent significant increase in liabilities.
EIN: 202075176 · Phoenix, AZ · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.6M |
| Total Expenses | $8.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8.5 |
| Net Assets | $4.1M |
| Transparency Score | 88/100 |
Is Chandler Preparatory Academy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chandler Preparatory Academy directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chandler Preparatory Academy
Chandler Preparatory Academy (EIN: 202075176) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code B29. The organization reported total revenue of $8.6M and total assets of $11.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chandler Preparatory Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chandler Preparatory Academy is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.5M |
| Total Expenses | $8.1M |
| Surplus / Deficit | +$429K |
| Total Assets | $10.7M |
| Total Liabilities | $6.7M |
| Net Assets | $4.1M |
| Operating Margin | 5.0% |
| Debt-to-Asset Ratio | 62.2% |
| Months of Reserves | 15.9 months |
Financial Health Grade: A
In 2023, Chandler Preparatory Academy reported a surplus of $429K with revenue exceeding expenses, holds 15.9 months of operating reserves (strong position), has a debt-to-asset ratio of 62.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Chandler Preparatory Academy's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.2% | +11.9% | +165.9% |
| 2022 | +0.0% | +3.8% | +2.9% |
| 2021 | +5.3% | +0.2% | +14.1% |
| 2020 | +4.2% | +0.7% | +2.3% |
| 2019 | +1.6% | +5.1% | +5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chandler Preparatory Academy with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Chandler Preparatory Academy allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $429K, with revenue exceeding expenses.
- Debt-to-asset ratio: 62.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting that officers are either uncompensated or compensated through a different category, which is unusual for an organization of this size with over $8.5 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Chandler Preparatory Academy's IRS 990 filings:
- Significant increase in liabilities without clear explanation in summary data (from $518,891 to $6,683,193 in one year).
- Consistent 0% officer compensation reported, which is unusual for an organization with over $8.5 million in revenue and could obscure actual executive remuneration.
Strengths
The following positive indicators were identified for Chandler Preparatory Academy:
- Consistent revenue growth over the past decade, from $6.14M in 201406 to $8.54M in 202306.
- Strong program spending efficiency, with the vast majority of expenses likely directed to educational programs.
- Positive net income in most recent years, indicating financial stability and ability to build reserves.
- Significant asset growth, from $2.58M in 201406 to $10.75M in 202306, indicating expansion or investment in infrastructure.
- Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.
Frequently Asked Questions about Chandler Preparatory Academy
Is Chandler Preparatory Academy a legitimate charity?
Chandler Preparatory Academy (EIN: 202075176) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.6M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Chandler Preparatory Academy spend its money?
Chandler Preparatory Academy directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Chandler Preparatory Academy tax-deductible?
Chandler Preparatory Academy is registered as a tax-exempt nonprofit (EIN: 202075176). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Chandler Preparatory Academy CEO make?
Chandler Preparatory Academy's highest-compensated officer earns $8.5 annually. The organization reported $8.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Chandler Preparatory Academy's spending goes to programs?
Chandler Preparatory Academy directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Chandler Preparatory Academy compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Chandler Preparatory Academy is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Chandler Preparatory Academy located?
Chandler Preparatory Academy is headquartered in Phoenix, Arizona and files with the IRS under EIN 202075176. It is classified under NTEE code B29.
How many years of IRS 990 filings does Chandler Preparatory Academy have?
Chandler Preparatory Academy has 13 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 $8.6M in total revenue.
What caused the significant increase in liabilities from $518,891 in 202206 to $6,683,193 in 202306?
The IRS 990 filings indicate a substantial jump in liabilities, which could be due to new debt financing for facility expansion, capital improvements, or other strategic investments. Further detail would be in the organization's financial statements or Part X of the 990.
How are executive leaders compensated if 'Officer Comp' is consistently reported as 0%?
It is possible that executive leaders are compensated as regular employees (e.g., 'salaries and wages' rather than 'officer compensation'), or they are volunteers. This requires reviewing the detailed compensation schedules in the 990 or other financial disclosures.
Is the organization's asset growth sustainable given the corresponding increase in liabilities?
While assets grew significantly from $4.04M to $10.75M, liabilities also increased from $0.52M to $6.68M. The sustainability depends on the nature of the liabilities (e.g., long-term debt vs. short-term payables) and the organization's ability to service this debt.
Filing History
IRS 990 filing history for Chandler Preparatory Academy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chandler Preparatory Academy's revenue has grown by 28.5%, moving from $6.6M to $8.5M. Total assets increased by 585.4% over the same period, from $1.6M to $10.7M. Total functional expenses rose by 34.4%, from $6.0M to $8.1M. In its most recent filing year (2023), Chandler Preparatory Academy reported a surplus of $429K, with revenue exceeding expenses. The organization holds $6.7M in liabilities against $10.7M in assets (debt-to-asset ratio: 62.2%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.5M | $8.1M | $10.7M | $6.7M | — | View 990 |
| 2022 | $7.5M | $7.2M | $4.0M | $519K | — | View 990 |
| 2021 | $7.5M | $7.0M | $3.9M | $388K | — | — |
| 2020 | $7.1M | $7.0M | $3.4M | $512K | — | View 990 |
| 2019 | $6.8M | $6.9M | $3.4M | $626K | — | View 990 |
| 2018 | $6.7M | $6.6M | $3.2M | $405K | — | View 990 |
| 2017 | $6.8M | $6.6M | $3.0M | $313K | — | View 990 |
| 2016 | $6.5M | $6.3M | $2.9M | $463K | — | View 990 |
| 2015 | $6.3M | $5.8M | $2.8M | $461K | — | View 990 |
| 2014 | $6.1M | $5.5M | $2.6M | $779K | — | View 990 |
| 2013 | $5.2M | $5.1M | $1.7M | $579K | — | View 990 |
| 2012 | $5.1M | $5.1M | $1.5M | $440K | — | View 990 |
| 2011 | $6.6M | $6.0M | $1.6M | $571K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.5M, expenses of $8.1M, and assets of $10.7M (revenue +14.2% year-over-year).
- 2022: Revenue of $7.5M, expenses of $7.2M, and assets of $4.0M (revenue +0.0% year-over-year).
- 2021: Revenue of $7.5M, expenses of $7.0M, and assets of $3.9M (revenue +5.3% year-over-year).
- 2020: Revenue of $7.1M, expenses of $7.0M, and assets of $3.4M (revenue +4.2% year-over-year).
- 2019: Revenue of $6.8M, expenses of $6.9M, and assets of $3.4M (revenue +1.6% year-over-year).
- 2018: Revenue of $6.7M, expenses of $6.6M, and assets of $3.2M (revenue -1.3% year-over-year).
- 2017: Revenue of $6.8M, expenses of $6.6M, and assets of $3.0M (revenue +4.7% year-over-year).
- 2016: Revenue of $6.5M, expenses of $6.3M, and assets of $2.9M (revenue +2.7% year-over-year).
- 2015: Revenue of $6.3M, expenses of $5.8M, and assets of $2.8M (revenue +2.8% year-over-year).
- 2014: Revenue of $6.1M, expenses of $5.5M, and assets of $2.6M (revenue +17.1% year-over-year).
- 2013: Revenue of $5.2M, expenses of $5.1M, and assets of $1.7M (revenue +2.8% year-over-year).
- 2012: Revenue of $5.1M, expenses of $5.1M, and assets of $1.5M (revenue -23.2% year-over-year).
- 2011: Revenue of $6.6M, expenses of $6.0M, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chandler Preparatory Academy:
Data Sources and Methodology
This transparency report for Chandler Preparatory 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.