East Chicago Urban Enterprise Academy Inc
East Chicago Urban Enterprise Academy Inc shows consistent revenue growth and zero reported officer compensation.
EIN: 202229962 · East Chicago, IN · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.8M |
| Total Expenses | $6.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $6.9M |
| Net Assets | $3.0M |
| Transparency Score | 92/100 |
Is East Chicago Urban Enterprise Academy Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
East Chicago Urban Enterprise Academy Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About East Chicago Urban Enterprise Academy Inc
East Chicago Urban Enterprise Academy Inc (EIN: 202229962) is a nonprofit organization based in East Chicago, IN, classified under NTEE code B29. The organization reported total revenue of $7.8M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of East Chicago Urban Enterprise Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
East Chicago Urban Enterprise Academy Inc is a mid-size nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.9M |
| Total Expenses | $6.2M |
| Surplus / Deficit | +$757K |
| Total Assets | $4.7M |
| Total Liabilities | $1.7M |
| Net Assets | $3.0M |
| Operating Margin | 10.9% |
| Debt-to-Asset Ratio | 36.5% |
| Months of Reserves | 9.1 months |
Financial Health Grade: A
In 2023, East Chicago Urban Enterprise Academy Inc reported a surplus of $757K with revenue exceeding expenses, holds 9.1 months of operating reserves (strong position), has a debt-to-asset ratio of 36.5% (moderate leverage).
Financial Trends
Over 8 years of filings (2016–2023), East Chicago Urban Enterprise Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.8% | +13.6% | +52.8% |
| 2022 | +19.3% | +18.6% | +26.9% |
| 2021 | +22.6% | +15.8% | +33.6% |
| 2020 | +4.5% | -4.0% | +0.0% |
| 2019 | +2.6% | +2.8% | -5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
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 East Chicago Urban Enterprise Academy Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, East Chicago Urban Enterprise Academy Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $757K, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of this size ($6.9M revenue in 2023) and suggests a strong commitment to directing resources to programs.
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.
Strengths
The following positive indicators were identified for East Chicago Urban Enterprise Academy Inc:
- Consistent revenue growth from $3.8M in 2016 to $6.9M in 2023.
- Healthy asset accumulation, growing from $2.1M to $4.6M over seven years.
- Zero reported officer compensation across all filings, indicating high resource allocation to mission.
- Expenses consistently below revenue, demonstrating efficient financial management.
- Manageable liabilities relative to assets, suggesting financial stability.
Frequently Asked Questions about East Chicago Urban Enterprise Academy Inc
Is East Chicago Urban Enterprise Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, East Chicago Urban Enterprise Academy Inc (EIN: 202229962) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does East Chicago Urban Enterprise Academy Inc spend its money?
East Chicago Urban Enterprise Academy Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to East Chicago Urban Enterprise Academy Inc tax-deductible?
East Chicago Urban Enterprise Academy Inc is registered as a tax-exempt nonprofit (EIN: 202229962). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the East Chicago Urban Enterprise Academy Inc CEO make?
East Chicago Urban Enterprise Academy Inc's highest-compensated officer earns $6.9M annually. The organization reported $7.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of East Chicago Urban Enterprise Academy Inc's spending goes to programs?
East Chicago Urban Enterprise Academy Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does East Chicago Urban Enterprise Academy Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), East Chicago Urban Enterprise Academy Inc 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 East Chicago Urban Enterprise Academy Inc located?
East Chicago Urban Enterprise Academy Inc is headquartered in East Chicago, Indiana and files with the IRS under EIN 202229962. It is classified under NTEE code B29.
How many years of IRS 990 filings does East Chicago Urban Enterprise Academy Inc have?
East Chicago Urban Enterprise Academy Inc has 8 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 $7.8M in total revenue.
Is East Chicago Urban Enterprise Academy Inc a good charity?
Based on the available IRS 990 data, East Chicago Urban Enterprise Academy Inc appears to be a very good charity. They demonstrate strong financial growth, efficient spending with expenses consistently below revenue, and a remarkable commitment to their mission by reporting 0% officer compensation across all filings.
How has the organization's revenue changed over time?
The organization has experienced significant revenue growth, increasing from $3,889,191 in 2016 to $6,921,767 in 2023, representing an almost doubling of revenue in seven years.
What is the trend in their assets and liabilities?
Assets have steadily grown from $2,190,292 in 2016 to $4,697,202 in 2023, while liabilities have remained manageable, fluctuating but generally staying well below assets, indicating financial stability.
Does the organization pay its executives?
According to all available IRS 990 filings, East Chicago Urban Enterprise Academy Inc reports 0% officer compensation, meaning no salaries or other compensation were paid to officers, directors, trustees, or key employees.
Filing History
IRS 990 filing history for East Chicago Urban Enterprise Academy Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), East Chicago Urban Enterprise Academy Inc's revenue has grown by 78%, moving from $3.9M to $6.9M. Total assets increased by 114.5% over the same period, from $2.2M to $4.7M. Total functional expenses rose by 72.9%, from $3.6M to $6.2M. In its most recent filing year (2023), East Chicago Urban Enterprise Academy Inc reported a surplus of $757K, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $4.7M in assets (debt-to-asset ratio: 36.5%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.9M | $6.2M | $4.7M | $1.7M | — | View 990 |
| 2022 | $6.2M | $5.4M | $3.1M | $805K | — | View 990 |
| 2021 | $5.2M | $4.6M | $2.4M | $976K | — | — |
| 2020 | $4.3M | $3.9M | $1.8M | $1.0M | — | View 990 |
| 2019 | $4.1M | $4.1M | $1.8M | $1.3M | — | View 990 |
| 2018 | $4.0M | $4.0M | $1.9M | $1.4M | — | View 990 |
| 2017 | $4.0M | $3.9M | $2.1M | $1.5M | — | View 990 |
| 2016 | $3.9M | $3.6M | $2.2M | $1.7M | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $6.9M, expenses of $6.2M, and assets of $4.7M (revenue +10.8% year-over-year).
- 2022: Revenue of $6.2M, expenses of $5.4M, and assets of $3.1M (revenue +19.3% year-over-year).
- 2021: Revenue of $5.2M, expenses of $4.6M, and assets of $2.4M (revenue +22.6% year-over-year).
- 2020: Revenue of $4.3M, expenses of $3.9M, and assets of $1.8M (revenue +4.5% year-over-year).
- 2019: Revenue of $4.1M, expenses of $4.1M, and assets of $1.8M (revenue +2.6% year-over-year).
- 2018: Revenue of $4.0M, expenses of $4.0M, and assets of $1.9M (revenue +0.2% year-over-year).
- 2017: Revenue of $4.0M, expenses of $3.9M, and assets of $2.1M (revenue +2.3% year-over-year).
- 2016: Revenue of $3.9M, expenses of $3.6M, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for East Chicago Urban Enterprise Academy Inc:
Data Sources and Methodology
This transparency report for East Chicago Urban Enterprise Academy 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.