Chiles Academy Inc
EIN: 320015498 · Daytona Beach, FL · NTEE: B29
Is Chiles 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 Chiles Academy Inc
Chiles Academy Inc (EIN: 320015498) is a nonprofit organization based in Daytona Beach, FL, classified under NTEE code B29. The organization reported total revenue of $1.8M and total assets of $780K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chiles Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Chiles 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 Chiles 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.
Frequently Asked Questions about Chiles Academy Inc
Is Chiles Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chiles Academy Inc (EIN: 320015498) insufficient data. 0 red flags identified, 0 strengths noted.
How does Chiles Academy Inc spend its money?
Detailed spending breakdown data is not yet available for Chiles Academy Inc. Check back for updated IRS 990 analysis.
Are donations to Chiles Academy Inc tax-deductible?
Chiles Academy Inc is registered as a tax-exempt nonprofit (EIN: 320015498). 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 Chiles Academy Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Chiles Academy Inc's revenue has grown by 11.4%, moving from $1.9M to $2.1M. Total assets increased by 326.8% over the same period, from $261K to $1.1M. Total functional expenses rose by 5.2%, from $1.9M to $2.0M. In its most recent filing year (2023), Chiles Academy Inc reported a surplus of $110K, with revenue exceeding expenses. The organization holds $70K in liabilities against $1.1M in assets (debt-to-asset ratio: 6.3%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.0M | $1.1M | $70K | — | View 990 |
| 2022 | $2.3M | $1.8M | $985K | $51K | — | View 990 |
| 2021 | $1.7M | $1.7M | $482K | $100K | — | View 990 |
| 2020 | $2.1M | $2.0M | $440K | $38K | — | View 990 |
| 2019 | $2.1M | $2.0M | $373K | $77K | — | View 990 |
| 2018 | $1.9M | $2.0M | $222K | $31K | — | View 990 |
| 2017 | $2.0M | $2.0M | $237K | $29K | — | View 990 |
| 2016 | $2.0M | $2.1M | $290K | $62K | — | View 990 |
| 2015 | $2.1M | $2.1M | $346K | $31K | — | View 990 |
| 2014 | $1.9M | $1.9M | $324K | $49K | — | View 990 |
| 2013 | $1.9M | $1.9M | $338K | $67K | — | View 990 |
| 2012 | $1.9M | $1.9M | $261K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.0M, and assets of $1.1M (revenue -11.0% year-over-year).
- 2022: Revenue of $2.3M, expenses of $1.8M, and assets of $985K (revenue +38.7% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.7M, and assets of $482K (revenue -18.5% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.0M, and assets of $440K (revenue -1.3% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.0M, and assets of $373K (revenue +7.5% year-over-year).
- 2018: Revenue of $1.9M, expenses of $2.0M, and assets of $222K (revenue -0.9% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.0M, and assets of $237K (revenue -2.2% year-over-year).
- 2016: Revenue of $2.0M, expenses of $2.1M, and assets of $290K (revenue -4.3% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.1M, and assets of $346K (revenue +8.4% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.9M, and assets of $324K (revenue +2.0% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.9M, and assets of $338K (revenue +1.8% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.9M, and assets of $261K.
Data Sources and Methodology
This transparency report for Chiles 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.