Delaware Academy Of Science Inc
EIN: 237004876 · Newark, DE · NTEE: A560
| Metric | Value |
|---|---|
| Total Revenue | $91K |
| Total Expenses | $155K |
| Net Assets | $1.1M |
Is Delaware Academy Of Science Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Delaware Academy Of Science Inc
Delaware Academy Of Science Inc (EIN: 237004876) is a nonprofit organization based in Newark, DE, classified under NTEE code A560. The organization reported total revenue of $91K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Delaware Academy Of Science Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Delaware Academy Of Science Inc is a micro nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $162K |
| Total Expenses | $155K |
| Surplus / Deficit | +$7K |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | 4.4% |
| Months of Reserves | 88.4 months |
Financial Health Grade: A
In 2023, Delaware Academy Of Science Inc reported a surplus of $7K with revenue exceeding expenses, holds 88.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Delaware Academy Of Science Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.2% | +12.0% | +0.6% |
| 2022 | +55.6% | +9.8% | -0.3% |
| 2021 | +4.1% | +11.6% | -3.3% |
| 2020 | -5.5% | -6.6% | -2.5% |
| 2019 | +11.9% | -11.1% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Delaware Academy Of Science 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 Delaware Academy Of Science 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
Frequently Asked Questions about Delaware Academy Of Science Inc
Is Delaware Academy Of Science Inc a legitimate charity?
Delaware Academy Of Science Inc (EIN: 237004876) is a registered tax-exempt nonprofit based in Delaware. It has 13 years of IRS 990 filings on record. Total revenue: $91K. No red flags identified. Financial health grade: A.
How does Delaware Academy Of Science Inc spend its money?
Delaware Academy Of Science Inc reported $91K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Delaware Academy Of Science Inc tax-deductible?
Delaware Academy Of Science Inc is registered as a tax-exempt nonprofit (EIN: 237004876). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Delaware Academy Of Science Inc located?
Delaware Academy Of Science Inc is headquartered in Newark, Delaware and files with the IRS under EIN 237004876. It is classified under NTEE code A560.
How many years of IRS 990 filings does Delaware Academy Of Science Inc have?
Delaware Academy Of Science Inc 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 $91K in total revenue.
Filing History
IRS 990 filing history for Delaware Academy Of Science Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Delaware Academy Of Science Inc's revenue has grown by 65.1%, moving from $98K to $162K. Total assets increased by 5.6% over the same period, from $1.1M to $1.1M. Total functional expenses rose by 134.2%, from $66K to $155K. In its most recent filing year (2023), Delaware Academy Of Science Inc reported a surplus of $7K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $162K | $155K | $1.1M | $0 | — | — |
| 2022 | $134K | $138K | $1.1M | $0 | — | View 990 |
| 2021 | $86K | $126K | $1.1M | $0 | — | View 990 |
| 2020 | $83K | $113K | $1.2M | $0 | — | — |
| 2019 | $88K | $121K | $1.2M | $0 | — | View 990 |
| 2018 | $79K | $136K | $1.2M | $0 | — | View 990 |
| 2017 | $113K | $124K | $1.3M | $0 | — | View 990 |
| 2016 | $74K | $127K | $1.3M | $0 | — | View 990 |
| 2015 | $134K | $103K | $1.4M | $51 | — | View 990 |
| 2014 | $277K | $1.0M | $358K | $0 | — | View 990 |
| 2013 | $64K | $80K | $1.1M | $0 | — | View 990 |
| 2012 | $85K | $66K | $1.1M | $0 | — | View 990 |
| 2011 | $98K | $66K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $162K, expenses of $155K, and assets of $1.1M (revenue +20.2% year-over-year).
- 2022: Revenue of $134K, expenses of $138K, and assets of $1.1M (revenue +55.6% year-over-year).
- 2021: Revenue of $86K, expenses of $126K, and assets of $1.1M (revenue +4.1% year-over-year).
- 2020: Revenue of $83K, expenses of $113K, and assets of $1.2M (revenue -5.5% year-over-year).
- 2019: Revenue of $88K, expenses of $121K, and assets of $1.2M (revenue +11.9% year-over-year).
- 2018: Revenue of $79K, expenses of $136K, and assets of $1.2M (revenue -30.2% year-over-year).
- 2017: Revenue of $113K, expenses of $124K, and assets of $1.3M (revenue +51.6% year-over-year).
- 2016: Revenue of $74K, expenses of $127K, and assets of $1.3M (revenue -44.5% year-over-year).
- 2015: Revenue of $134K, expenses of $103K, and assets of $1.4M (revenue -51.7% year-over-year).
- 2014: Revenue of $277K, expenses of $1.0M, and assets of $358K (revenue +330.9% year-over-year).
- 2013: Revenue of $64K, expenses of $80K, and assets of $1.1M (revenue -24.0% year-over-year).
- 2012: Revenue of $85K, expenses of $66K, and assets of $1.1M (revenue -13.6% year-over-year).
- 2011: Revenue of $98K, expenses of $66K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Delaware Academy Of Science Inc:
Data Sources and Methodology
This transparency report for Delaware Academy Of Science 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.