Five Oaks Academy Pto Inc
Five Oaks Academy PTO Inc. maintains stable operations with volunteer leadership, experiencing a deficit in 2023.
EIN: 204044588 · Simpsonville, SC · NTEE: B990 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $183K |
| Total Expenses | $175K |
| Program Spending | 95% |
| Net Assets | $146K |
| Transparency Score | 90/100 |
Is Five Oaks Academy Pto Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Five Oaks Academy Pto Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Five Oaks Academy Pto Inc
Five Oaks Academy Pto Inc (EIN: 204044588) is a nonprofit organization based in Simpsonville, SC, classified under NTEE code B990. The organization reported total revenue of $183K and total assets of $139K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Five Oaks Academy Pto Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Five Oaks Academy Pto Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $155K |
| Total Expenses | $175K |
| Surplus / Deficit | $-20,418 |
| Total Assets | $147K |
| Total Liabilities | $876 |
| Net Assets | $146K |
| Operating Margin | -13.2% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 10.1 months |
Financial Health Grade: B
In 2023, Five Oaks Academy Pto Inc reported a deficit of $20K with expenses exceeding revenue, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Five Oaks Academy Pto Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.6% | +152.4% | -11.7% |
| 2022 | -26.5% | -36.4% | +45.3% |
| 2021 | +91.2% | +3.7% | +95.5% |
| 2020 | -15.3% | +3.6% | -24.4% |
| 2019 | -8.6% | -27.5% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Five Oaks Academy Pto Inc 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: 95%
- fundraising: 0%
According to IRS 990 filings, Five Oaks Academy Pto Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0%, indicating that the organization is entirely volunteer-run at the leadership level, which is highly efficient for an organization of its size and mission.
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 Five Oaks Academy Pto Inc's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($175,342 vs. $154,924), indicating a deficit for the year.
Strengths
The following positive indicators were identified for Five Oaks Academy Pto Inc:
- Consistently reports 0% officer compensation, indicating a volunteer-driven model and high efficiency.
- Maintains a healthy asset base, reaching $147,070 in 2023.
- Consistent filing history over 13 periods demonstrates strong transparency and accountability.
- Minimal liabilities, indicating good financial management and low debt burden.
Frequently Asked Questions about Five Oaks Academy Pto Inc
Is Five Oaks Academy Pto Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Five Oaks Academy Pto Inc (EIN: 204044588) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Five Oaks Academy Pto Inc spend its money?
Five Oaks Academy Pto Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Five Oaks Academy Pto Inc tax-deductible?
Five Oaks Academy Pto Inc is registered as a tax-exempt nonprofit (EIN: 204044588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Five Oaks Academy Pto Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Five Oaks Academy Pto Inc is above average for NTEE category B990 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Five Oaks Academy Pto Inc located?
Five Oaks Academy Pto Inc is headquartered in Simpsonville, South Carolina and files with the IRS under EIN 204044588. It is classified under NTEE code B990.
How many years of IRS 990 filings does Five Oaks Academy Pto Inc have?
Five Oaks Academy Pto 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 $183K in total revenue.
Is Five Oaks Academy PTO Inc. a good charity?
Based on the available data, Five Oaks Academy PTO Inc. appears to be a good charity, especially given its volunteer-driven model (0% officer compensation) and consistent support for its school. Its mission score of 90 reflects strong program focus and efficiency.
How does Five Oaks Academy PTO Inc. manage its finances?
The organization generally manages its finances well, maintaining a healthy asset base (e.g., $147,070 in 2023) and minimal liabilities. While it experienced a deficit in 2023 (expenses of $175,342 against revenue of $154,924), its overall trend shows responsible financial stewardship.
What is the primary use of funds for Five Oaks Academy PTO Inc.?
Given its nature as a PTO and 0% officer compensation, the primary use of funds is almost certainly direct support for Five Oaks Academy's programs, students, and teachers, aligning with a high program spending ratio.
Has Five Oaks Academy PTO Inc. had financial difficulties?
While the organization generally maintains a stable financial position, it has experienced periods where expenses exceeded revenue, such as in 2023 ($175,342 expenses vs. $154,924 revenue) and 2020 ($105,357 expenses vs. $86,462 revenue). However, these appear to be managed within its overall asset base.
Filing History
IRS 990 filing history for Five Oaks Academy Pto Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Five Oaks Academy Pto Inc's revenue has grown by 5%, moving from $148K to $155K. Total assets increased by 288.6% over the same period, from $38K to $147K. Total functional expenses rose by 23.5%, from $142K to $175K. In its most recent filing year (2023), Five Oaks Academy Pto Inc reported a deficit of $20K, with expenses exceeding revenue. The organization holds $876 in liabilities against $147K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $146K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $155K | $175K | $147K | $876 | — | View 990 |
| 2022 | $121K | $69K | $167K | $0 | — | View 990 |
| 2021 | $165K | $109K | $115K | $31 | — | — |
| 2020 | $86K | $105K | $59K | $30 | — | View 990 |
| 2019 | $102K | $102K | $78K | $31 | — | View 990 |
| 2018 | $112K | $140K | $77K | $0 | — | View 990 |
| 2017 | $93K | $26K | $106K | $0 | — | View 990 |
| 2016 | $85K | $84K | $38K | $0 | — | View 990 |
| 2015 | $83K | $92K | $38K | $0 | — | View 990 |
| 2014 | $97K | $93K | $46K | $0 | — | View 990 |
| 2013 | $146K | $130K | $52K | $0 | — | View 990 |
| 2012 | $129K | $130K | $36K | $0 | — | View 990 |
| 2011 | $148K | $142K | $38K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $155K, expenses of $175K, and assets of $147K (revenue +27.6% year-over-year).
- 2022: Revenue of $121K, expenses of $69K, and assets of $167K (revenue -26.5% year-over-year).
- 2021: Revenue of $165K, expenses of $109K, and assets of $115K (revenue +91.2% year-over-year).
- 2020: Revenue of $86K, expenses of $105K, and assets of $59K (revenue -15.3% year-over-year).
- 2019: Revenue of $102K, expenses of $102K, and assets of $78K (revenue -8.6% year-over-year).
- 2018: Revenue of $112K, expenses of $140K, and assets of $77K (revenue +20.1% year-over-year).
- 2017: Revenue of $93K, expenses of $26K, and assets of $106K (revenue +9.9% year-over-year).
- 2016: Revenue of $85K, expenses of $84K, and assets of $38K (revenue +1.9% year-over-year).
- 2015: Revenue of $83K, expenses of $92K, and assets of $38K (revenue -14.2% year-over-year).
- 2014: Revenue of $97K, expenses of $93K, and assets of $46K (revenue -33.6% year-over-year).
- 2013: Revenue of $146K, expenses of $130K, and assets of $52K (revenue +13.2% year-over-year).
- 2012: Revenue of $129K, expenses of $130K, and assets of $36K (revenue -12.8% year-over-year).
- 2011: Revenue of $148K, expenses of $142K, and assets of $38K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Five Oaks Academy Pto Inc:
Data Sources and Methodology
This transparency report for Five Oaks Academy Pto 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.