Hickman Academy Preparatory School Inc
EIN: 391661756 · Milwaukee, WI
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $2.2M |
| Net Assets | $-10,188 |
Is Hickman Academy Preparatory School Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hickman Academy Preparatory School Inc
Hickman Academy Preparatory School Inc (EIN: 391661756) is a nonprofit organization based in Milwaukee, WI. The organization reported total revenue of $2.2M and total assets of $150K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hickman Academy Preparatory School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hickman Academy Preparatory School Inc is a mid-size nonprofit that has been operating for 32 years, with 7 years of IRS 990 filings on record (2012–2018). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-40,683 |
| Total Assets | $150K |
| Total Liabilities | $160K |
| Net Assets | $-10,188 |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 106.8% |
| Months of Reserves | 0.8 months |
Financial Health Grade: D
In 2018, Hickman Academy Preparatory School Inc reported a deficit of $41K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 106.8% (high leverage).
Financial Trends
Over 7 years of filings (2012–2018), Hickman Academy Preparatory School Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +2.0% | -9.0% | -22.8% |
| 2017 | -15.4% | -0.9% | -42.5% |
| 2016 | +4.7% | +5.3% | +172.4% |
| 2015 | +13.6% | +5.5% | +3.9% |
| 2014 | -3.2% | +0.0% | -12.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hickman Academy Preparatory School 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 Hickman Academy Preparatory School 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $41K, with expenses exceeding revenue.
- Debt-to-asset ratio: 106.8%.
Frequently Asked Questions about Hickman Academy Preparatory School Inc
Is Hickman Academy Preparatory School Inc a legitimate charity?
Hickman Academy Preparatory School Inc (EIN: 391661756) is a registered tax-exempt nonprofit based in Wisconsin. It has 7 years of IRS 990 filings on record. Total revenue: $2.2M. No red flags identified. Financial health grade: D.
How does Hickman Academy Preparatory School Inc spend its money?
Hickman Academy Preparatory School Inc reported $2.2M in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hickman Academy Preparatory School Inc tax-deductible?
Hickman Academy Preparatory School Inc is registered as a tax-exempt nonprofit (EIN: 391661756). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hickman Academy Preparatory School Inc located?
Hickman Academy Preparatory School Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 391661756.
How many years of IRS 990 filings does Hickman Academy Preparatory School Inc have?
Hickman Academy Preparatory School Inc has 7 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 $2.2M in total revenue.
Filing History
IRS 990 filing history for Hickman Academy Preparatory School Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2018), Hickman Academy Preparatory School Inc's revenue has declined by 21.7%, moving from $2.8M to $2.2M. Total assets decreased by 25% over the same period, from $200K to $150K. Total functional expenses fell by 20%, from $2.8M to $2.2M. In its most recent filing year (2018), Hickman Academy Preparatory School Inc reported a deficit of $41K, with expenses exceeding revenue. The organization holds $160K in liabilities against $150K in assets (debt-to-asset ratio: 106.8%), resulting in net assets of $-10,188.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $2.2M | $2.2M | $150K | $160K | — | View 990 |
| 2017 | $2.2M | $2.5M | $194K | $164K | — | View 990 |
| 2016 | $2.5M | $2.5M | $338K | $151 | — | View 990 |
| 2015 | $2.4M | $2.4M | $124K | $8K | — | View 990 |
| 2014 | $2.1M | $2.2M | $119K | $77K | — | View 990 |
| 2013 | $2.2M | $2.2M | $136K | $7K | — | View 990 |
| 2012 | $2.8M | $2.8M | $200K | $47K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $2.2M, expenses of $2.2M, and assets of $150K (revenue +2.0% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.5M, and assets of $194K (revenue -15.4% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.5M, and assets of $338K (revenue +4.7% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.4M, and assets of $124K (revenue +13.6% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.2M, and assets of $119K (revenue -3.2% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.2M, and assets of $136K (revenue -21.2% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.8M, and assets of $200K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hickman Academy Preparatory School Inc:
Data Sources and Methodology
This transparency report for Hickman Academy Preparatory School 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.