Immaculata Classical Academy Inc
EIN: 273305618 · Louisville, KY · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.2M |
| Net Assets | $2.4M |
Is Immaculata Classical Academy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Immaculata Classical Academy Inc
Immaculata Classical Academy Inc (EIN: 273305618) is a nonprofit organization based in Louisville, KY, classified under NTEE code B20. The organization reported total revenue of $2.1M and total assets of $440K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Immaculata Classical Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Immaculata Classical Academy Inc is a mid-size nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-93,370 |
| Total Assets | $2.4M |
| Net Assets | $2.4M |
| Operating Margin | -8.2% |
| Months of Reserves | 23.7 months |
Financial Health Grade: B
In 2023, Immaculata Classical Academy Inc reported a deficit of $93K with expenses exceeding revenue, holds 23.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Immaculata Classical Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -68.4% | +5.8% | -3.7% |
| 2022 | +247.1% | +22.0% | +905.9% |
| 2021 | +19.7% | +25.8% | +78.8% |
| 2020 | -8.6% | -17.2% | +292.9% |
| 2019 | +18.7% | +11.3% | +552.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Immaculata Classical 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 Immaculata Classical 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $93K, with expenses exceeding revenue.
Frequently Asked Questions about Immaculata Classical Academy Inc
Is Immaculata Classical Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Immaculata Classical Academy Inc (EIN: 273305618) insufficient data. 0 red flags identified, 0 strengths noted.
How does Immaculata Classical Academy Inc spend its money?
Detailed spending breakdown data is not yet available for Immaculata Classical Academy Inc. Check back for updated IRS 990 analysis.
Are donations to Immaculata Classical Academy Inc tax-deductible?
Immaculata Classical Academy Inc is registered as a tax-exempt nonprofit (EIN: 273305618). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Immaculata Classical Academy Inc located?
Immaculata Classical Academy Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 273305618. It is classified under NTEE code B20.
How many years of IRS 990 filings does Immaculata Classical Academy Inc have?
Immaculata Classical Academy Inc has 13 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 $2.1M in total revenue.
Filing History
IRS 990 filing history for Immaculata Classical Academy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Immaculata Classical Academy Inc's revenue has grown by 773.4%, moving from $130K to $1.1M. Total functional expenses rose by 793.4%, from $138K to $1.2M. In its most recent filing year (2023), Immaculata Classical Academy Inc reported a deficit of $93K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.2M | $2.4M | $0 | — | View 990 |
| 2022 | $3.6M | $1.2M | $2.5M | $0 | — | View 990 |
| 2021 | $1.0M | $955K | $252K | $164K | — | View 990 |
| 2020 | $868K | $760K | $141K | $0 | — | View 990 |
| 2019 | $949K | $918K | $36K | $3K | — | View 990 |
| 2018 | $800K | $824K | $5K | $5K | — | View 990 |
| 2017 | $781K | $766K | $29K | $4K | — | View 990 |
| 2016 | $740K | $743K | $16K | $6K | — | View 990 |
| 2015 | $553K | $576K | $26K | $13K | — | View 990 |
| 2014 | $484K | $460K | $48K | $11K | — | View 990 |
| 2013 | $256K | $254K | $19K | $5K | — | View 990 |
| 2012 | $308K | $288K | $18K | $6K | — | View 990 |
| 2011 | $130K | $138K | $-2,000 | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.2M, and assets of $2.4M (revenue -68.4% year-over-year).
- 2022: Revenue of $3.6M, expenses of $1.2M, and assets of $2.5M (revenue +247.1% year-over-year).
- 2021: Revenue of $1.0M, expenses of $955K, and assets of $252K (revenue +19.7% year-over-year).
- 2020: Revenue of $868K, expenses of $760K, and assets of $141K (revenue -8.6% year-over-year).
- 2019: Revenue of $949K, expenses of $918K, and assets of $36K (revenue +18.7% year-over-year).
- 2018: Revenue of $800K, expenses of $824K, and assets of $5K (revenue +2.5% year-over-year).
- 2017: Revenue of $781K, expenses of $766K, and assets of $29K (revenue +5.5% year-over-year).
- 2016: Revenue of $740K, expenses of $743K, and assets of $16K (revenue +33.8% year-over-year).
- 2015: Revenue of $553K, expenses of $576K, and assets of $26K (revenue +14.3% year-over-year).
- 2014: Revenue of $484K, expenses of $460K, and assets of $48K (revenue +89.3% year-over-year).
- 2013: Revenue of $256K, expenses of $254K, and assets of $19K (revenue -17.0% year-over-year).
- 2012: Revenue of $308K, expenses of $288K, and assets of $18K (revenue +136.0% year-over-year).
- 2011: Revenue of $130K, expenses of $138K, and assets of $-2,000.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Immaculata Classical Academy Inc:
Data Sources and Methodology
This transparency report for Immaculata Classical 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.