Garnet Preparatory Academy Inc

EIN: 811639877 · Meridian, ID · NTEE: P50

$185KRevenue
$27KAssets
0/100Mission Score (Very Poor)
P50
Garnet Preparatory Academy Inc Financial Summary
MetricValue
Total Revenue$185K
Total Expenses$166K
Net Assets$27K

Is Garnet Preparatory Academy Inc Legit?

Insufficient Data

LimitedFiling Consistency
UnknownSpending Efficiency
LimitedTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

About Garnet Preparatory Academy Inc

Garnet Preparatory Academy Inc (EIN: 811639877) is a nonprofit organization based in Meridian, ID, classified under NTEE code P50. The organization reported total revenue of $185K and total assets of $27K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Garnet Preparatory Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

10Years Operating
SmallSize Classification
1Years of Filings
StableRevenue Trajectory

Garnet Preparatory Academy Inc is a small nonprofit that has been operating for 10 years.

Key Financial Metrics (2019)

From the most recent IRS 990 filing on record:

Total Revenue$185K
Total Expenses$166K
Surplus / Deficit+$19K
Total Assets$27K
Net Assets$27K
Operating Margin10.3%
Months of Reserves1.9 months

Financial Health Grade: A

In 2019, Garnet Preparatory Academy Inc reported a surplus of $19K with revenue exceeding expenses, holds 1.9 months of operating reserves (limited).

IRS Tax-Exempt Classification

IRS Classification Codes1270
IRS Ruling Date2016

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Analysis Pending

AI enrichment for Garnet Preparatory Academy 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 Garnet Preparatory Academy 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 (2019)

From the most recent IRS 990 filing on record:

$185KTotal Revenue
$166KTotal Expenses
$27KTotal Assets
$27KNet Assets
  • The organization reported a surplus of $19K, with revenue exceeding expenses.

Frequently Asked Questions about Garnet Preparatory Academy Inc

Is Garnet Preparatory Academy Inc a legitimate charity?

Garnet Preparatory Academy Inc (EIN: 811639877) is a registered tax-exempt nonprofit based in Idaho. Total revenue: $185K. No red flags identified. Financial health grade: A.

How does Garnet Preparatory Academy Inc spend its money?

Garnet Preparatory Academy Inc reported $185K in total revenue in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.

Are donations to Garnet Preparatory Academy Inc tax-deductible?

Garnet Preparatory Academy Inc is registered as a tax-exempt nonprofit (EIN: 811639877). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Garnet Preparatory Academy Inc located?

Garnet Preparatory Academy Inc is headquartered in Meridian, Idaho and files with the IRS under EIN 811639877. It is classified under NTEE code P50.

Filing History

IRS 990 filing history for Garnet Preparatory Academy Inc showing financial trends over 1 year of public records:

In its most recent filing year (2019), Garnet Preparatory Academy Inc reported a surplus of $19K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2019 $185K $166K $27K $0 View 990

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Garnet Preparatory Academy Inc:

2019 Filing

Data Sources and Methodology

This transparency report for Garnet Preparatory 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.

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