College Preparatory & Leadership Academy Of High Point
EIN: 454367209 · Jamestown, NC · NTEE: O54
Is College Preparatory & Leadership Academy Of High Point Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About College Preparatory & Leadership Academy Of High Point
College Preparatory & Leadership Academy Of High Point (EIN: 454367209) is a nonprofit organization based in Jamestown, NC, classified under NTEE code O54. The organization reported total revenue of $13.4M and total assets of $15.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of College Preparatory & Leadership Academy Of High Point's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
College Preparatory & Leadership Academy Of High Point is a large nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 27.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.2M |
| Total Expenses | $13.0M |
| Surplus / Deficit | $-769,132 |
| Total Assets | $15.4M |
| Total Liabilities | $13.4M |
| Net Assets | $2.1M |
| Operating Margin | -6.3% |
| Debt-to-Asset Ratio | 86.5% |
| Months of Reserves | 14.3 months |
Financial Health Grade: C
In 2023, College Preparatory & Leadership Academy Of High Point reported a deficit of $769K with expenses exceeding revenue, holds 14.3 months of operating reserves (strong position), has a debt-to-asset ratio of 86.5% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), College Preparatory & Leadership Academy Of High Point's revenue has grown at a compound annual growth rate (CAGR) of 27.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.3% | +28.5% | -0.8% |
| 2022 | +13.9% | +44.5% | +0.9% |
| 2021 | +20.4% | -7.5% | +999.4% |
| 2020 | +18.5% | +25.5% | +79.6% |
| 2019 | +10.0% | +5.1% | +36.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for College Preparatory & Leadership Academy Of High Point 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 College Preparatory & Leadership Academy Of High Point 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 $769K, with expenses exceeding revenue.
- Debt-to-asset ratio: 86.5%.
Frequently Asked Questions about College Preparatory & Leadership Academy Of High Point
Is College Preparatory & Leadership Academy Of High Point a legitimate charity?
Based on AI analysis of IRS 990 filings, College Preparatory & Leadership Academy Of High Point (EIN: 454367209) insufficient data. 0 red flags identified, 0 strengths noted.
How does College Preparatory & Leadership Academy Of High Point spend its money?
Detailed spending breakdown data is not yet available for College Preparatory & Leadership Academy Of High Point. Check back for updated IRS 990 analysis.
Are donations to College Preparatory & Leadership Academy Of High Point tax-deductible?
College Preparatory & Leadership Academy Of High Point is registered as a tax-exempt nonprofit (EIN: 454367209). 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 College Preparatory & Leadership Academy Of High Point showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), College Preparatory & Leadership Academy Of High Point's revenue has grown by 990%, moving from $1.1M to $12.2M. Total assets increased by 16783% over the same period, from $91K to $15.4M. Total functional expenses rose by 1140.8%, from $1.0M to $13.0M. In its most recent filing year (2023), College Preparatory & Leadership Academy Of High Point reported a deficit of $769K, with expenses exceeding revenue. The organization holds $13.4M in liabilities against $15.4M in assets (debt-to-asset ratio: 86.5%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.2M | $13.0M | $15.4M | $13.4M | — | View 990 |
| 2022 | $10.2M | $10.1M | $15.6M | $13.4M | — | View 990 |
| 2021 | $9.0M | $7.0M | $15.4M | $13.4M | — | — |
| 2020 | $7.5M | $7.6M | $1.4M | $736K | — | View 990 |
| 2019 | $6.3M | $6.0M | $781K | $16K | — | View 990 |
| 2018 | $5.7M | $5.7M | $571K | $17K | — | View 990 |
| 2017 | $4.6M | $4.4M | $567K | $0 | — | View 990 |
| 2016 | $4.0M | $3.9M | $328K | $24K | — | View 990 |
| 2015 | $2.8M | $2.7M | $214K | $61K | — | View 990 |
| 2014 | $1.5M | $1.5M | $83K | $33K | — | View 990 |
| 2013 | $1.1M | $1.0M | $91K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.2M, expenses of $13.0M, and assets of $15.4M (revenue +19.3% year-over-year).
- 2022: Revenue of $10.2M, expenses of $10.1M, and assets of $15.6M (revenue +13.9% year-over-year).
- 2021: Revenue of $9.0M, expenses of $7.0M, and assets of $15.4M (revenue +20.4% year-over-year).
- 2020: Revenue of $7.5M, expenses of $7.6M, and assets of $1.4M (revenue +18.5% year-over-year).
- 2019: Revenue of $6.3M, expenses of $6.0M, and assets of $781K (revenue +10.0% year-over-year).
- 2018: Revenue of $5.7M, expenses of $5.7M, and assets of $571K (revenue +23.1% year-over-year).
- 2017: Revenue of $4.6M, expenses of $4.4M, and assets of $567K (revenue +15.1% year-over-year).
- 2016: Revenue of $4.0M, expenses of $3.9M, and assets of $328K (revenue +42.5% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.7M, and assets of $214K (revenue +93.5% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.5M, and assets of $83K (revenue +30.6% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.0M, and assets of $91K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for College Preparatory & Leadership Academy Of High Point:
Data Sources and Methodology
This transparency report for College Preparatory & Leadership Academy Of High Point 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.