Frazier Academy Design Team Inc
Frazier Academy Design Team Inc consistently operates with revenues over $3M and reports no officer compensation.
EIN: 205471007 · Chicago, IL · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $3.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $546K |
| Transparency Score | 95/100 |
Is Frazier Academy Design Team Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Frazier Academy Design Team Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Frazier Academy Design Team Inc
Frazier Academy Design Team Inc (EIN: 205471007) is a nonprofit organization based in Chicago, IL, classified under NTEE code B24. The organization reported total revenue of $3.3M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frazier Academy Design Team Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frazier Academy Design Team Inc is a mid-size nonprofit that has been operating for 18 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $3.5M |
| Surplus / Deficit | $-220,042 |
| Total Assets | $1.0M |
| Total Liabilities | $459K |
| Net Assets | $546K |
| Operating Margin | -6.7% |
| Debt-to-Asset Ratio | 45.7% |
| Months of Reserves | 3.5 months |
Financial Health Grade: B
In 2019, Frazier Academy Design Team Inc reported a deficit of $220K with expenses exceeding revenue, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 45.7% (moderate leverage).
Financial Trends
Over 9 years of filings (2011–2019), Frazier Academy Design Team Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -6.9% | +2.4% | -13.4% |
| 2018 | -12.3% | -12.0% | +39.2% |
| 2017 | -0.3% | -2.5% | -18.9% |
| 2016 | +4.3% | +7.0% | +42.9% |
| 2015 | +3.5% | +6.6% | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Frazier Academy Design Team Inc with a Mission Score of 95 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, Frazier Academy Design Team Inc 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.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $220K, with expenses exceeding revenue.
- Debt-to-asset ratio: 45.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization with over $3 million in annual revenue and suggests a strong commitment to mission-focused spending.
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 Frazier Academy Design Team Inc's IRS 990 filings:
- Occasional operating deficits (e.g., 201906, 201306, 201206) where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Frazier Academy Design Team Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency and mission focus.
- Strong asset-to-liability ratio, demonstrating financial stability (e.g., $1,004,814 assets vs. $459,219 liabilities in 201906).
- Sustained high level of revenue, consistently over $3 million annually, indicating strong donor support or program funding.
- Long filing history (9 filings) suggests established operations and transparency.
Frequently Asked Questions about Frazier Academy Design Team Inc
Is Frazier Academy Design Team Inc a legitimate charity?
Frazier Academy Design Team Inc (EIN: 205471007) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 95/100. It has 9 years of IRS 990 filings on record. Total revenue: $3.3M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Frazier Academy Design Team Inc spend its money?
Frazier Academy Design Team Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Frazier Academy Design Team Inc tax-deductible?
Frazier Academy Design Team Inc is registered as a tax-exempt nonprofit (EIN: 205471007). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Frazier Academy Design Team Inc CEO make?
Frazier Academy Design Team Inc's highest-compensated officer earns $3 annually. The organization reported $3.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Frazier Academy Design Team Inc's spending goes to programs?
Frazier Academy Design Team Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Frazier Academy Design Team Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Frazier Academy Design Team Inc is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Frazier Academy Design Team Inc located?
Frazier Academy Design Team Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 205471007. It is classified under NTEE code B24.
How many years of IRS 990 filings does Frazier Academy Design Team Inc have?
Frazier Academy Design Team Inc has 9 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 $3.3M in total revenue.
Is Frazier Academy Design Team Inc a good charity?
Based on the available data, Frazier Academy Design Team Inc appears to be a very good charity. Their consistent reporting of 0% officer compensation is exceptional and indicates a strong dedication to their mission. While they occasionally operate with slight deficits, their overall financial health, with assets exceeding liabilities, is stable.
How does Frazier Academy Design Team Inc manage its finances given the occasional deficits?
The organization appears to manage its finances by operating very close to its revenue levels, sometimes incurring slight deficits as seen in 201906 (Expenses $3,482,247 vs. Revenue $3,262,205). This suggests careful budgeting and potentially drawing from reserves built in prior years where revenues exceeded expenses, such as in 201806 and 201706.
What is the trend in Frazier Academy Design Team Inc's revenue?
Frazier Academy Design Team Inc's revenue has shown some fluctuation but generally remains above $3 million annually. It peaked around $4 million in 201606 and 201706, and was $3,262,205 in the latest period (201906), indicating a slight decrease from previous years but still substantial.
Filing History
IRS 990 filing history for Frazier Academy Design Team Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Frazier Academy Design Team Inc's revenue has declined by 1.9%, moving from $3.3M to $3.3M. Total assets decreased by 1.7% over the same period, from $1.0M to $1.0M. Total functional expenses rose by 13.8%, from $3.1M to $3.5M. In its most recent filing year (2019), Frazier Academy Design Team Inc reported a deficit of $220K, with expenses exceeding revenue. The organization holds $459K in liabilities against $1.0M in assets (debt-to-asset ratio: 45.7%), resulting in net assets of $546K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $3.3M | $3.5M | $1.0M | $459K | — | View 990 |
| 2018 | $3.5M | $3.4M | $1.2M | $394K | — | View 990 |
| 2017 | $4.0M | $3.9M | $834K | $170K | — | — |
| 2016 | $4.0M | $4.0M | $1.0M | $495K | — | View 990 |
| 2015 | $3.8M | $3.7M | $720K | $228K | — | View 990 |
| 2014 | $3.7M | $3.5M | $705K | $348K | — | View 990 |
| 2013 | $3.5M | $3.5M | $501K | $380K | — | View 990 |
| 2012 | $3.1M | $3.2M | $897K | $758K | — | View 990 |
| 2011 | $3.3M | $3.1M | $1.0M | $257K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $3.3M, expenses of $3.5M, and assets of $1.0M (revenue -6.9% year-over-year).
- 2018: Revenue of $3.5M, expenses of $3.4M, and assets of $1.2M (revenue -12.3% year-over-year).
- 2017: Revenue of $4.0M, expenses of $3.9M, and assets of $834K (revenue -0.3% year-over-year).
- 2016: Revenue of $4.0M, expenses of $4.0M, and assets of $1.0M (revenue +4.3% year-over-year).
- 2015: Revenue of $3.8M, expenses of $3.7M, and assets of $720K (revenue +3.5% year-over-year).
- 2014: Revenue of $3.7M, expenses of $3.5M, and assets of $705K (revenue +5.3% year-over-year).
- 2013: Revenue of $3.5M, expenses of $3.5M, and assets of $501K (revenue +11.9% year-over-year).
- 2012: Revenue of $3.1M, expenses of $3.2M, and assets of $897K (revenue -5.4% year-over-year).
- 2011: Revenue of $3.3M, expenses of $3.1M, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frazier Academy Design Team Inc:
Data Sources and Methodology
This transparency report for Frazier Academy Design Team 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.