Drexel Neumann Academy

Drexel Neumann Academy shows consistent asset growth and no reported officer compensation over a decade of operations.

EIN: 208083164 · Chester, PA · NTEE: B24 · Updated: 2026-03-28

$2.6MRevenue

$5.0MAssets

90/100Mission Score (Excellent)

B24

About Drexel Neumann Academy

Drexel Neumann Academy (EIN: 208083164) is a nonprofit organization based in Chester, PA, classified under NTEE code B24. The organization reported total revenue of $2.6M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Drexel Neumann Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Drexel Neumann Academy demonstrates a generally stable financial position with consistent revenue streams and growth in assets over the past decade. For the 202306 period, the organization reported revenues of $2,225,170 against expenses of $2,256,907, indicating a slight operational deficit for that year. However, their assets have shown significant growth, increasing from $1,409,947 in 201206 to $3,319,611 in 202306, suggesting effective asset management and potentially successful fundraising for long-term stability. The organization consistently reports 0% officer compensation, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission.

The organization's spending efficiency appears strong, particularly given the absence of reported officer compensation across all available filings. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the consistent operational performance and asset growth suggest a responsible allocation of resources. The low liabilities reported ($74,188 in 202306) also point to sound financial management and a low-risk profile.

In terms of transparency, the consistent filing of IRS Form 990s over 12 periods indicates a commitment to public disclosure. The absence of officer compensation is a notable positive for transparency, as it suggests that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which would warrant further investigation for complete understanding. Overall, the available data paints a picture of a financially prudent organization with a clear focus on its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Drexel Neumann Academy with a Mission Score of 90 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Drexel Neumann Academy allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Drexel Neumann Academy consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to officers, which is highly unusual for an organization of its size with revenues exceeding $2 million annually. This suggests either a volunteer leadership model or that compensation is categorized differently, warranting further inquiry.

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 Drexel Neumann Academy's IRS 990 filings:

Unusually low or zero reported officer compensation, which may obscure how leadership is compensated or sustained.

Strengths

The following positive indicators were identified for Drexel Neumann Academy:

Consistent asset growth from $1.4M in 2012 to $3.3M in 2023, indicating financial stability and effective management.
No reported officer compensation across all 12 filings, suggesting high efficiency in leadership costs.
Low liabilities relative to assets ($74,188 in 202306 vs. $3,319,611 in assets), indicating strong financial health.
Consistent revenue generation over a decade, demonstrating stable funding sources.

Frequently Asked Questions about Drexel Neumann Academy

How does Drexel Neumann Academy manage to operate without reported officer compensation?

The IRS 990 filings consistently show 0% officer compensation. This could mean that the leadership is entirely volunteer-based, or that compensation is paid through a related entity or categorized differently within the 990, which would require reviewing the full filing for details.

What is the specific breakdown of program, administrative, and fundraising expenses?

While the provided summary data doesn't offer a detailed breakdown, the overall financial health and lack of officer compensation suggest a strong focus on program delivery. A full IRS 990 would provide these specific percentages.

What caused the slight operational deficit in the 202306 period?

In the 202306 period, expenses ($2,256,907) slightly exceeded revenue ($2,225,170). This could be due to increased program costs, one-time investments, or a temporary dip in fundraising, which would be detailed in the full financial statements.

Filing History

IRS 990 filing history for Drexel Neumann Academy showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2010–2023), Drexel Neumann Academy's revenue has grown by 44.9%, moving from $1.5M to $2.2M. Total assets increased by 205.5% over the same period, from $1.1M to $3.3M. Total functional expenses rose by 114.2%, from $1.1M to $2.3M. In its most recent filing year (2023), Drexel Neumann Academy reported a deficit of $32K, with expenses exceeding revenue. The organization holds $74K in liabilities against $3.3M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $3.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.2M	$2.3M	$3.3M	$74K	—	View 990
2022	$2.0M	$1.9M	$3.3M	$55K	—	View 990
2021	$2.2M	$1.7M	$3.1M	$112K	—	View 990
2019	$1.7M	$1.5M	$2.2M	$0	—	—
2017	$1.3M	$93K	$0	$0	—	—
2016	$1.5M	$1.5M	$1.8M	$0	—	View 990
2015	$1.8M	$1.5M	$1.8M	$0	—	View 990
2014	$1.6M	$1.4M	$2.2M	$0	—	View 990
2013	$1.4M	$1.3M	$1.7M	$0	—	View 990
2012	$1.2M	$1.2M	$1.4M	$0	—	View 990
2011	$1.5M	$1.2M	$1.4M	$0	—	View 990
2010	$1.5M	$1.1M	$1.1M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.2M, expenses of $2.3M, and assets of $3.3M (revenue +10.5% year-over-year).
2022: Revenue of $2.0M, expenses of $1.9M, and assets of $3.3M (revenue -9.0% year-over-year).
2021: Revenue of $2.2M, expenses of $1.7M, and assets of $3.1M (revenue +32.5% year-over-year).
2019: Revenue of $1.7M, expenses of $1.5M, and assets of $2.2M (revenue +30.4% year-over-year).
2017: Revenue of $1.3M, expenses of $93K, and assets of $0 (revenue -13.4% year-over-year).
2016: Revenue of $1.5M, expenses of $1.5M, and assets of $1.8M (revenue -16.2% year-over-year).
2015: Revenue of $1.8M, expenses of $1.5M, and assets of $1.8M (revenue +7.3% year-over-year).
2014: Revenue of $1.6M, expenses of $1.4M, and assets of $2.2M (revenue +20.2% year-over-year).
2013: Revenue of $1.4M, expenses of $1.3M, and assets of $1.7M (revenue +15.7% year-over-year).
2012: Revenue of $1.2M, expenses of $1.2M, and assets of $1.4M (revenue -19.0% year-over-year).
2011: Revenue of $1.5M, expenses of $1.2M, and assets of $1.4M (revenue -4.9% year-over-year).
2010: Revenue of $1.5M, expenses of $1.1M, and assets of $1.1M.

Data Sources and Methodology

This transparency report for Drexel Neumann 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.