Institute Of Academic Excellence
Institute Of Academic Excellence shows consistent revenue and asset growth with no reported officer compensation.
EIN: 202870669 · New Orleans, LA · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.2M |
| Total Expenses | $7.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $6.3M |
| Transparency Score | 85/100 |
Is Institute Of Academic Excellence Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Institute Of Academic Excellence directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Institute Of Academic Excellence
Institute Of Academic Excellence (EIN: 202870669) is a nonprofit organization based in New Orleans, LA, classified under NTEE code B29. The organization reported total revenue of $10.2M and total assets of $8.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute Of Academic Excellence's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute Of Academic Excellence is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.1M |
| Total Expenses | $7.9M |
| Surplus / Deficit | +$186K |
| Total Assets | $7.0M |
| Total Liabilities | $732K |
| Net Assets | $6.3M |
| Operating Margin | 2.3% |
| Debt-to-Asset Ratio | 10.4% |
| Months of Reserves | 10.6 months |
Financial Health Grade: A
In 2023, Institute Of Academic Excellence reported a surplus of $186K with revenue exceeding expenses, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 10.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Institute Of Academic Excellence's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.7% | +8.5% | +2.5% |
| 2022 | +9.7% | +14.3% | -9.9% |
| 2021 | +9.4% | +1.9% | +12.3% |
| 2020 | -5.5% | -2.9% | +14.2% |
| 2019 | +4.9% | +18.5% | +8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Institute Of Academic Excellence with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Institute Of Academic Excellence allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $186K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.4%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization with annual revenues exceeding $8 million. This suggests either that executive leadership is compensated through other means not categorized as 'officer compensation' on the 990, or that the organization operates with an entirely volunteer executive team, which would be a significant operational distinction.
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 Institute Of Academic Excellence's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and revenue, potentially obscuring executive remuneration details.
Strengths
The following positive indicators were identified for Institute Of Academic Excellence:
- Consistent revenue growth, increasing from $5,748,088 in 2014 to $8,113,048 in 2023.
- Healthy asset growth, from $3,153,811 in 2014 to $7,017,056 in 2023, indicating strong financial management.
- Consistent operational surpluses, with revenue generally exceeding expenses, allowing for reinvestment and stability.
- Manageable liabilities relative to assets, suggesting responsible financial stewardship (e.g., $731,824 liabilities vs. $7,017,056 assets in 2023).
Frequently Asked Questions about Institute Of Academic Excellence
Is Institute Of Academic Excellence a legitimate charity?
Institute Of Academic Excellence (EIN: 202870669) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $10.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Institute Of Academic Excellence spend its money?
Institute Of Academic Excellence directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Institute Of Academic Excellence tax-deductible?
Institute Of Academic Excellence is registered as a tax-exempt nonprofit (EIN: 202870669). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Institute Of Academic Excellence CEO make?
Institute Of Academic Excellence's highest-compensated officer earns $8 annually. The organization reported $10.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Institute Of Academic Excellence's spending goes to programs?
Institute Of Academic Excellence directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Institute Of Academic Excellence compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Institute Of Academic Excellence is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Institute Of Academic Excellence located?
Institute Of Academic Excellence is headquartered in New Orleans, Louisiana and files with the IRS under EIN 202870669. It is classified under NTEE code B29.
How many years of IRS 990 filings does Institute Of Academic Excellence have?
Institute Of Academic Excellence 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 $10.2M in total revenue.
How is the Institute Of Academic Excellence's executive leadership compensated if officer compensation is consistently reported as 0%?
The IRS 990 filings consistently show 0% officer compensation. This is highly unusual for an organization of this size and revenue, suggesting that executive compensation might be reported under different categories, or the organization operates with a unique volunteer-led executive structure. Further inquiry into their detailed financial statements would be necessary to understand this aspect fully.
What is the organization's long-term strategy for managing its growing assets?
The organization has shown consistent asset growth, from $3,153,811 in 2014 to $7,017,056 in 2023. This indicates a healthy financial position and the ability to accumulate resources. A detailed look at their investment policies and asset allocation would provide insight into their long-term strategy.
What is the specific breakdown of program spending for the Institute Of Academic Excellence?
While the overall program spending appears strong, the provided data does not offer a detailed breakdown of specific program areas. To fully understand their impact, it would be beneficial to see how the program funds are allocated across different initiatives.
Filing History
IRS 990 filing history for Institute Of Academic Excellence showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Institute Of Academic Excellence's revenue has grown by 84.8%, moving from $4.4M to $8.1M. Total assets increased by 280.6% over the same period, from $1.8M to $7.0M. Total functional expenses rose by 68.7%, from $4.7M to $7.9M. In its most recent filing year (2023), Institute Of Academic Excellence reported a surplus of $186K, with revenue exceeding expenses. The organization holds $732K in liabilities against $7.0M in assets (debt-to-asset ratio: 10.4%), resulting in net assets of $6.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.1M | $7.9M | $7.0M | $732K | — | — |
| 2022 | $7.7M | $7.3M | $6.8M | $746K | — | View 990 |
| 2021 | $7.0M | $6.4M | $7.6M | $1.9M | — | — |
| 2020 | $6.4M | $6.3M | $6.8M | $1.6M | — | View 990 |
| 2019 | $6.8M | $6.5M | $5.9M | $910K | — | View 990 |
| 2018 | $6.4M | $5.4M | $5.5M | $774K | — | View 990 |
| 2017 | $6.1M | $4.7M | $4.2M | $515K | — | View 990 |
| 2016 | $4.8M | $4.5M | $2.9M | $601K | — | View 990 |
| 2015 | $4.6M | $4.9M | $2.8M | $705K | — | View 990 |
| 2014 | $5.7M | $5.1M | $3.2M | $690K | — | View 990 |
| 2013 | $5.0M | $4.6M | $2.1M | $223K | — | View 990 |
| 2012 | $4.9M | $4.7M | $2.0M | $491K | — | View 990 |
| 2011 | $4.4M | $4.7M | $1.8M | $560K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.1M, expenses of $7.9M, and assets of $7.0M (revenue +5.7% year-over-year).
- 2022: Revenue of $7.7M, expenses of $7.3M, and assets of $6.8M (revenue +9.7% year-over-year).
- 2021: Revenue of $7.0M, expenses of $6.4M, and assets of $7.6M (revenue +9.4% year-over-year).
- 2020: Revenue of $6.4M, expenses of $6.3M, and assets of $6.8M (revenue -5.5% year-over-year).
- 2019: Revenue of $6.8M, expenses of $6.5M, and assets of $5.9M (revenue +4.9% year-over-year).
- 2018: Revenue of $6.4M, expenses of $5.4M, and assets of $5.5M (revenue +6.1% year-over-year).
- 2017: Revenue of $6.1M, expenses of $4.7M, and assets of $4.2M (revenue +27.1% year-over-year).
- 2016: Revenue of $4.8M, expenses of $4.5M, and assets of $2.9M (revenue +4.4% year-over-year).
- 2015: Revenue of $4.6M, expenses of $4.9M, and assets of $2.8M (revenue -20.3% year-over-year).
- 2014: Revenue of $5.7M, expenses of $5.1M, and assets of $3.2M (revenue +14.3% year-over-year).
- 2013: Revenue of $5.0M, expenses of $4.6M, and assets of $2.1M (revenue +2.5% year-over-year).
- 2012: Revenue of $4.9M, expenses of $4.7M, and assets of $2.0M (revenue +11.8% year-over-year).
- 2011: Revenue of $4.4M, expenses of $4.7M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute Of Academic Excellence:
Data Sources and Methodology
This transparency report for Institute Of Academic Excellence 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.