Idaho College And Career Readiness Academy Incorporated
EIN: 462298596 · Meridian, ID · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.1M |
| Net Assets | $-426,086 |
Is Idaho College And Career Readiness Academy Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Idaho College And Career Readiness Academy Incorporated
Idaho College And Career Readiness Academy Incorporated (EIN: 462298596) is a nonprofit organization based in Meridian, ID, classified under NTEE code B99. The organization reported total revenue of $2.3M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Idaho College And Career Readiness Academy Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Idaho College And Career Readiness Academy Incorporated is a mid-size nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2015–2024). Revenue has grown at a compound annual rate of 18.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-160,030 |
| Total Assets | $1.6M |
| Total Liabilities | $2.0M |
| Net Assets | $-426,086 |
| Operating Margin | -8.2% |
| Debt-to-Asset Ratio | 126.9% |
| Months of Reserves | 9.0 months |
Financial Health Grade: C
In 2024, Idaho College And Career Readiness Academy Incorporated reported a deficit of $160K with expenses exceeding revenue, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 126.9% (high leverage).
Financial Trends
Over 10 years of filings (2015–2024), Idaho College And Career Readiness Academy Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 18.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -20.8% | -1.4% | +27.7% |
| 2023 | +9.4% | -1.7% | -70.1% |
| 2022 | -10.3% | -15.5% | +238.7% |
| 2021 | +49.8% | +41.1% | +23.4% |
| 2020 | +17.2% | +25.9% | +43.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Idaho College And Career Readiness Academy Incorporated 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 Idaho College And Career Readiness Academy Incorporated 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $160K, with expenses exceeding revenue.
- Debt-to-asset ratio: 126.9%.
Frequently Asked Questions about Idaho College And Career Readiness Academy Incorporated
Is Idaho College And Career Readiness Academy Incorporated a legitimate charity?
Idaho College And Career Readiness Academy Incorporated (EIN: 462298596) is a registered tax-exempt nonprofit based in Idaho. It has 10 years of IRS 990 filings on record. Total revenue: $2.3M. No red flags identified. Financial health grade: C.
How does Idaho College And Career Readiness Academy Incorporated spend its money?
Idaho College And Career Readiness Academy Incorporated reported $2.3M in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Idaho College And Career Readiness Academy Incorporated tax-deductible?
Idaho College And Career Readiness Academy Incorporated is registered as a tax-exempt nonprofit (EIN: 462298596). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Idaho College And Career Readiness Academy Incorporated located?
Idaho College And Career Readiness Academy Incorporated is headquartered in Meridian, Idaho and files with the IRS under EIN 462298596. It is classified under NTEE code B99.
How many years of IRS 990 filings does Idaho College And Career Readiness Academy Incorporated have?
Idaho College And Career Readiness Academy Incorporated has 10 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 $2.3M in total revenue.
Filing History
IRS 990 filing history for Idaho College And Career Readiness Academy Incorporated showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2015–2024), Idaho College And Career Readiness Academy Incorporated's revenue has grown by 346.3%, moving from $438K to $2.0M. Total assets increased by 1064.1% over the same period, from $136K to $1.6M. Total functional expenses rose by 412%, from $413K to $2.1M. In its most recent filing year (2024), Idaho College And Career Readiness Academy Incorporated reported a deficit of $160K, with expenses exceeding revenue. The organization holds $2.0M in liabilities against $1.6M in assets (debt-to-asset ratio: 126.9%), resulting in net assets of $-426,086.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.0M | $2.1M | $1.6M | $2.0M | — | View 990 |
| 2023 | $2.5M | $2.1M | $1.2M | $1.5M | — | — |
| 2022 | $2.3M | $2.2M | $4.1M | $4.7M | — | View 990 |
| 2021 | $2.5M | $2.6M | $1.2M | $1.4M | — | — |
| 2020 | $1.7M | $1.8M | $991K | $1.1M | — | View 990 |
| 2019 | $1.4M | $1.5M | $691K | $697K | — | View 990 |
| 2018 | $1.1M | $1.1M | $568K | $551K | — | View 990 |
| 2017 | $1.1M | $1.1M | $603K | $574K | — | View 990 |
| 2016 | $569K | $561K | $341K | $302K | — | View 990 |
| 2015 | $438K | $413K | $136K | $105K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.0M, expenses of $2.1M, and assets of $1.6M (revenue -20.8% year-over-year).
- 2023: Revenue of $2.5M, expenses of $2.1M, and assets of $1.2M (revenue +9.4% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.2M, and assets of $4.1M (revenue -10.3% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.6M, and assets of $1.2M (revenue +49.8% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.8M, and assets of $991K (revenue +17.2% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.5M, and assets of $691K (revenue +29.0% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $568K (revenue +4.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $603K (revenue +87.0% year-over-year).
- 2016: Revenue of $569K, expenses of $561K, and assets of $341K (revenue +29.9% year-over-year).
- 2015: Revenue of $438K, expenses of $413K, and assets of $136K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Idaho College And Career Readiness Academy Incorporated:
Data Sources and Methodology
This transparency report for Idaho College And Career Readiness Academy Incorporated 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.