Cordoba Academy
EIN: 474297945 · Lynnwood, WA · NTEE: B29
| Metric | Value |
|---|---|
| Total Revenue | $569K |
| Total Expenses | $396K |
| Net Assets | $680K |
Is Cordoba Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cordoba Academy
Cordoba Academy (EIN: 474297945) is a nonprofit organization based in Lynnwood, WA, classified under NTEE code B29. The organization reported total revenue of $569K and total assets of $760K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cordoba Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cordoba Academy is a small nonprofit that has been operating for 8 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 86.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $453K |
| Total Expenses | $396K |
| Surplus / Deficit | +$56K |
| Total Assets | $690K |
| Total Liabilities | $10K |
| Net Assets | $680K |
| Operating Margin | 12.4% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 20.9 months |
Financial Health Grade: A
In 2023, Cordoba Academy reported a surplus of $56K with revenue exceeding expenses, holds 20.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Cordoba Academy's revenue has grown at a compound annual growth rate (CAGR) of 86.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.7% | +21.7% | +8.3% |
| 2022 | -57.6% | +132.5% | -1.1% |
| 2021 | +977.2% | +181.5% | +1839.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cordoba Academy 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 Cordoba Academy 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 $56K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Cordoba Academy
Is Cordoba Academy a legitimate charity?
Cordoba Academy (EIN: 474297945) is a registered tax-exempt nonprofit based in Washington. It has 4 years of IRS 990 filings on record. Total revenue: $569K. No red flags identified. Financial health grade: A.
How does Cordoba Academy spend its money?
Cordoba Academy reported $569K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cordoba Academy tax-deductible?
Cordoba Academy is registered as a tax-exempt nonprofit (EIN: 474297945). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cordoba Academy located?
Cordoba Academy is headquartered in Lynnwood, Washington and files with the IRS under EIN 474297945. It is classified under NTEE code B29.
How many years of IRS 990 filings does Cordoba Academy have?
Cordoba Academy has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $569K in total revenue.
Filing History
IRS 990 filing history for Cordoba Academy showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Cordoba Academy's revenue has grown by 552.2%, moving from $69K to $453K. Total assets increased by 1976.2% over the same period, from $33K to $690K. Total functional expenses rose by 696.2%, from $50K to $396K. In its most recent filing year (2023), Cordoba Academy reported a surplus of $56K, with revenue exceeding expenses. The organization holds $10K in liabilities against $690K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $680K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $453K | $396K | $690K | $10K | — | — |
| 2022 | $317K | $326K | $637K | $7K | — | View 990 |
| 2021 | $748K | $140K | $645K | $4K | — | View 990 |
| 2020 | $69K | $50K | $33K | $526 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $453K, expenses of $396K, and assets of $690K (revenue +42.7% year-over-year).
- 2022: Revenue of $317K, expenses of $326K, and assets of $637K (revenue -57.6% year-over-year).
- 2021: Revenue of $748K, expenses of $140K, and assets of $645K (revenue +977.2% year-over-year).
- 2020: Revenue of $69K, expenses of $50K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cordoba Academy:
Data Sources and Methodology
This transparency report for Cordoba 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.