Foundation Academy Winter Garden Inc
EIN: 651067210 · Winter Garden, FL · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $14.6M |
| Total Expenses | $13.1M |
| Net Assets | $8.4M |
Is Foundation Academy Winter Garden Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Foundation Academy Winter Garden Inc
Foundation Academy Winter Garden Inc (EIN: 651067210) is a nonprofit organization based in Winter Garden, FL, classified under NTEE code B20. The organization reported total revenue of $14.6M and total assets of $27.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation Academy Winter Garden Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation Academy Winter Garden Inc is a large nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.4M |
| Total Expenses | $13.1M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $27.4M |
| Total Liabilities | $18.9M |
| Net Assets | $8.4M |
| Operating Margin | 9.2% |
| Debt-to-Asset Ratio | 69.2% |
| Months of Reserves | 25.1 months |
Financial Health Grade: A
In 2022, Foundation Academy Winter Garden Inc reported a surplus of $1.3M with revenue exceeding expenses, holds 25.1 months of operating reserves (strong position), has a debt-to-asset ratio of 69.2% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Foundation Academy Winter Garden Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +10.4% | +21.5% | +36.3% |
| 2021 | +8.7% | +5.5% | +21.6% |
| 2020 | +20.4% | +10.0% | +25.8% |
| 2019 | +9.9% | +9.6% | +8.8% |
| 2018 | +4.1% | +1.3% | +5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Foundation Academy Winter Garden 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 Foundation Academy Winter Garden 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 69.2%.
Frequently Asked Questions about Foundation Academy Winter Garden Inc
Is Foundation Academy Winter Garden Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation Academy Winter Garden Inc (EIN: 651067210) insufficient data. 0 red flags identified, 0 strengths noted.
How does Foundation Academy Winter Garden Inc spend its money?
Detailed spending breakdown data is not yet available for Foundation Academy Winter Garden Inc. Check back for updated IRS 990 analysis.
Are donations to Foundation Academy Winter Garden Inc tax-deductible?
Foundation Academy Winter Garden Inc is registered as a tax-exempt nonprofit (EIN: 651067210). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Foundation Academy Winter Garden Inc located?
Foundation Academy Winter Garden Inc is headquartered in Winter Garden, Florida and files with the IRS under EIN 651067210. It is classified under NTEE code B20.
How many years of IRS 990 filings does Foundation Academy Winter Garden Inc have?
Foundation Academy Winter Garden Inc has 12 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 $14.6M in total revenue.
Filing History
IRS 990 filing history for Foundation Academy Winter Garden Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Foundation Academy Winter Garden Inc's revenue has grown by 211.7%, moving from $4.6M to $14.4M. Total assets increased by 136.6% over the same period, from $11.6M to $27.4M. Total functional expenses rose by 104.2%, from $6.4M to $13.1M. In its most recent filing year (2022), Foundation Academy Winter Garden Inc reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $18.9M in liabilities against $27.4M in assets (debt-to-asset ratio: 69.2%), resulting in net assets of $8.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $14.4M | $13.1M | $27.4M | $18.9M | — | View 990 |
| 2021 | $13.0M | $10.8M | $20.1M | $13.0M | — | — |
| 2020 | $12.0M | $10.2M | $16.5M | $11.7M | — | View 990 |
| 2019 | $10.0M | $9.3M | $13.1M | $10.1M | — | View 990 |
| 2018 | $9.1M | $8.5M | $12.1M | $9.7M | — | View 990 |
| 2017 | $8.7M | $8.4M | $11.4M | $9.7M | — | View 990 |
| 2016 | $8.2M | $7.8M | $11.1M | $9.8M | — | View 990 |
| 2015 | $7.1M | $6.8M | $11.0M | $10.1M | — | View 990 |
| 2014 | $5.6M | $5.6M | $10.7M | $9.7M | — | View 990 |
| 2013 | $5.4M | $5.8M | $10.9M | $9.8M | — | View 990 |
| 2012 | $5.2M | $5.6M | $11.2M | $9.7M | — | View 990 |
| 2011 | $4.6M | $6.4M | $11.6M | $9.7M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $14.4M, expenses of $13.1M, and assets of $27.4M (revenue +10.4% year-over-year).
- 2021: Revenue of $13.0M, expenses of $10.8M, and assets of $20.1M (revenue +8.7% year-over-year).
- 2020: Revenue of $12.0M, expenses of $10.2M, and assets of $16.5M (revenue +20.4% year-over-year).
- 2019: Revenue of $10.0M, expenses of $9.3M, and assets of $13.1M (revenue +9.9% year-over-year).
- 2018: Revenue of $9.1M, expenses of $8.5M, and assets of $12.1M (revenue +4.1% year-over-year).
- 2017: Revenue of $8.7M, expenses of $8.4M, and assets of $11.4M (revenue +6.3% year-over-year).
- 2016: Revenue of $8.2M, expenses of $7.8M, and assets of $11.1M (revenue +16.1% year-over-year).
- 2015: Revenue of $7.1M, expenses of $6.8M, and assets of $11.0M (revenue +27.2% year-over-year).
- 2014: Revenue of $5.6M, expenses of $5.6M, and assets of $10.7M (revenue +3.3% year-over-year).
- 2013: Revenue of $5.4M, expenses of $5.8M, and assets of $10.9M (revenue +3.6% year-over-year).
- 2012: Revenue of $5.2M, expenses of $5.6M, and assets of $11.2M (revenue +12.2% year-over-year).
- 2011: Revenue of $4.6M, expenses of $6.4M, and assets of $11.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation Academy Winter Garden Inc:
Data Sources and Methodology
This transparency report for Foundation Academy Winter Garden 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.