First Round Academy
EIN: 473862646 · Las Vegas, NV · NTEE: N63
| Metric | Value |
|---|---|
| Total Revenue | $34K |
| Total Expenses | $103K |
| Net Assets | $6K |
Is First Round Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About First Round Academy
First Round Academy (EIN: 473862646) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code N63. The organization reported total revenue of $34K and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Round Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First Round Academy is a micro nonprofit that has been operating for 9 years, with 3 years of IRS 990 filings on record (2020–2022). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $103K |
| Surplus / Deficit | $-8,732 |
| Total Assets | $6K |
| Net Assets | $6K |
| Operating Margin | -9.3% |
| Months of Reserves | 0.7 months |
Financial Health Grade: C
In 2022, First Round Academy reported a deficit of $9K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited).
Financial Trends
Over 3 years of filings (2020–2022), First Round Academy's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -9.1% | -8.5% | +1013.1% |
| 2021 | +16.6% | +41.4% | -94.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for First Round 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 First Round 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
Frequently Asked Questions about First Round Academy
Is First Round Academy a legitimate charity?
First Round Academy (EIN: 473862646) is a registered tax-exempt nonprofit based in Nevada. It has 3 years of IRS 990 filings on record. Total revenue: $34K. No red flags identified. Financial health grade: C.
How does First Round Academy spend its money?
First Round Academy reported $34K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to First Round Academy tax-deductible?
First Round Academy is registered as a tax-exempt nonprofit (EIN: 473862646). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is First Round Academy located?
First Round Academy is headquartered in Las Vegas, Nevada and files with the IRS under EIN 473862646. It is classified under NTEE code N63.
How many years of IRS 990 filings does First Round Academy have?
First Round Academy has 3 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 $34K in total revenue.
Filing History
IRS 990 filing history for First Round Academy showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2020–2022), First Round Academy's revenue has grown by 5.9%, moving from $89K to $94K. Total assets decreased by 34.7% over the same period, from $9K to $6K. Total functional expenses rose by 29.4%, from $79K to $103K. In its most recent filing year (2022), First Round Academy reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $94K | $103K | $6K | $0 | — | View 990 |
| 2021 | $103K | $112K | $548 | $0 | — | — |
| 2020 | $89K | $79K | $9K | $0 | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $94K, expenses of $103K, and assets of $6K (revenue -9.1% year-over-year).
- 2021: Revenue of $103K, expenses of $112K, and assets of $548 (revenue +16.6% year-over-year).
- 2020: Revenue of $89K, expenses of $79K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First Round Academy:
Data Sources and Methodology
This transparency report for First Round 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.