Cleveland Arts And Social Science Academy
Cleveland Arts And Social Science Academy shows consistent revenue growth and zero executive compensation, but maintains a negative net asset position.
EIN: 202753598 · Cleveland, OH · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.3M |
| Total Expenses | $4.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $-321,036 |
| Transparency Score | 85/100 |
Is Cleveland Arts And Social Science Academy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cleveland Arts And Social Science Academy directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cleveland Arts And Social Science Academy
Cleveland Arts And Social Science Academy (EIN: 202753598) is a nonprofit organization based in Cleveland, OH, classified under NTEE code B29. The organization reported total revenue of $6.3M and total assets of $7.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cleveland Arts And Social Science Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cleveland Arts And Social Science Academy is a mid-size nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.7M |
| Total Expenses | $4.3M |
| Surplus / Deficit | +$437K |
| Total Assets | $6.5M |
| Total Liabilities | $6.8M |
| Net Assets | $-321,036 |
| Operating Margin | 9.3% |
| Debt-to-Asset Ratio | 105.0% |
| Months of Reserves | 18.3 months |
Financial Health Grade: A
In 2023, Cleveland Arts And Social Science Academy reported a surplus of $437K with revenue exceeding expenses, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 105.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cleveland Arts And Social Science Academy's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.2% | +28.9% | -2.6% |
| 2022 | -1.0% | -3.2% | +190.7% |
| 2021 | +39.3% | +14.5% | +101.3% |
| 2020 | +6.5% | +24.0% | -2.6% |
| 2019 | -0.5% | +32.6% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
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 Cleveland Arts And Social Science Academy with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Cleveland Arts And Social Science Academy allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $437K, with revenue exceeding expenses.
- Debt-to-asset ratio: 105.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with revenues exceeding $4 million annually.
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 Cleveland Arts And Social Science Academy's IRS 990 filings:
- Consistent negative net asset position (liabilities exceeding assets), e.g., $6,804,594 liabilities vs. $6,483,558 assets in 2023.
- 0% officer compensation reported for an organization with over $4 million in annual revenue, which is highly unusual and may indicate compensation is routed differently or through a related entity.
Strengths
The following positive indicators were identified for Cleveland Arts And Social Science Academy:
- Strong and consistent revenue growth over the past decade, from $2,894,716 in 2014 to $4,689,278 in 2023.
- Significant asset growth, increasing from $178,304 in 2014 to $6,483,558 in 2023.
- Expenses generally kept below revenue, allowing for asset accumulation and operational stability.
- Clear alignment with NTEE code B29 (Elementary & Secondary Schools), indicating a focused mission.
Frequently Asked Questions about Cleveland Arts And Social Science Academy
Is Cleveland Arts And Social Science Academy a legitimate charity?
Cleveland Arts And Social Science Academy (EIN: 202753598) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.3M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Cleveland Arts And Social Science Academy spend its money?
Cleveland Arts And Social Science Academy directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cleveland Arts And Social Science Academy tax-deductible?
Cleveland Arts And Social Science Academy is registered as a tax-exempt nonprofit (EIN: 202753598). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cleveland Arts And Social Science Academy CEO make?
Cleveland Arts And Social Science Academy's highest-compensated officer earns $4 annually. The organization reported $6.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Cleveland Arts And Social Science Academy's spending goes to programs?
Cleveland Arts And Social Science Academy directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cleveland Arts And Social Science Academy compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Cleveland Arts And Social Science 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 Cleveland Arts And Social Science Academy located?
Cleveland Arts And Social Science Academy is headquartered in Cleveland, Ohio and files with the IRS under EIN 202753598. It is classified under NTEE code B29.
How many years of IRS 990 filings does Cleveland Arts And Social Science Academy have?
Cleveland Arts And Social Science 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 $6.3M in total revenue.
How does Cleveland Arts And Social Science Academy manage to operate without officer compensation?
The filings consistently show 0% officer compensation, which suggests that executive leadership may be volunteer-based, compensated through a related management entity, or that the roles typically associated with 'officer' compensation are structured differently within the organization.
What is the nature of the significant liabilities consistently reported by the organization?
The IRS 990 filings show liabilities consistently exceeding assets, for example, $6,804,594 in liabilities against $6,483,558 in assets in 2023. This could be due to long-term debt, mortgages on facilities, or other financial obligations common for educational institutions, but the specific breakdown is not detailed in the provided summary.
What is the organization's strategy for addressing its negative net asset position?
While the organization has shown significant asset growth from $178,304 in 2014 to $6,483,558 in 2023, its liabilities have also grown, leading to a persistent negative net asset position. A strategy to improve this would typically involve increasing unrestricted net assets or reducing long-term debt.
Filing History
IRS 990 filing history for Cleveland Arts And Social Science Academy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cleveland Arts And Social Science Academy's revenue has grown by 45.7%, moving from $3.2M to $4.7M. Total assets increased by 2000.7% over the same period, from $309K to $6.5M. Total functional expenses rose by 16.4%, from $3.7M to $4.3M. In its most recent filing year (2023), Cleveland Arts And Social Science Academy reported a surplus of $437K, with revenue exceeding expenses. The organization holds $6.8M in liabilities against $6.5M in assets (debt-to-asset ratio: 105.0%), resulting in net assets of $-321,036.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.7M | $4.3M | $6.5M | $6.8M | — | View 990 |
| 2022 | $4.3M | $3.3M | $6.7M | $7.4M | — | View 990 |
| 2021 | $4.3M | $3.4M | $2.3M | $4.0M | — | View 990 |
| 2020 | $3.1M | $3.0M | $1.1M | $3.8M | — | View 990 |
| 2019 | $2.9M | $2.4M | $1.2M | $4.0M | — | View 990 |
| 2018 | $2.9M | $1.8M | $1.2M | $4.6M | — | View 990 |
| 2017 | $3.3M | $3.2M | $1.2M | $5.0M | — | View 990 |
| 2016 | $3.7M | $2.9M | $643K | $4.5M | — | View 990 |
| 2015 | $3.5M | $3.4M | $452K | $5.2M | — | View 990 |
| 2014 | $2.9M | $3.5M | $178K | $2.1M | — | View 990 |
| 2013 | $3.0M | $3.3M | $267K | $1.6M | — | View 990 |
| 2012 | $3.3M | $3.4M | $324K | $1.4M | — | View 990 |
| 2011 | $3.2M | $3.7M | $309K | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.7M, expenses of $4.3M, and assets of $6.5M (revenue +9.2% year-over-year).
- 2022: Revenue of $4.3M, expenses of $3.3M, and assets of $6.7M (revenue -1.0% year-over-year).
- 2021: Revenue of $4.3M, expenses of $3.4M, and assets of $2.3M (revenue +39.3% year-over-year).
- 2020: Revenue of $3.1M, expenses of $3.0M, and assets of $1.1M (revenue +6.5% year-over-year).
- 2019: Revenue of $2.9M, expenses of $2.4M, and assets of $1.2M (revenue -0.5% year-over-year).
- 2018: Revenue of $2.9M, expenses of $1.8M, and assets of $1.2M (revenue -11.2% year-over-year).
- 2017: Revenue of $3.3M, expenses of $3.2M, and assets of $1.2M (revenue -10.7% year-over-year).
- 2016: Revenue of $3.7M, expenses of $2.9M, and assets of $643K (revenue +5.4% year-over-year).
- 2015: Revenue of $3.5M, expenses of $3.4M, and assets of $452K (revenue +21.7% year-over-year).
- 2014: Revenue of $2.9M, expenses of $3.5M, and assets of $178K (revenue -3.5% year-over-year).
- 2013: Revenue of $3.0M, expenses of $3.3M, and assets of $267K (revenue -10.1% year-over-year).
- 2012: Revenue of $3.3M, expenses of $3.4M, and assets of $324K (revenue +3.7% year-over-year).
- 2011: Revenue of $3.2M, expenses of $3.7M, and assets of $309K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cleveland Arts And Social Science Academy:
Data Sources and Methodology
This transparency report for Cleveland Arts And Social Science 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.