Intellectual Virtues Academy Of Long Beach
EIN: 461117774 · Long Beach, CA · NTEE: B25
| Metric | Value |
|---|---|
| Total Revenue | $5.8M |
| Total Expenses | $4.7M |
| Net Assets | $2.4M |
Is Intellectual Virtues Academy Of Long Beach Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Intellectual Virtues Academy Of Long Beach
Intellectual Virtues Academy Of Long Beach (EIN: 461117774) is a nonprofit organization based in Long Beach, CA, classified under NTEE code B25. The organization reported total revenue of $5.8M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Intellectual Virtues Academy Of Long Beach's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Intellectual Virtues Academy Of Long Beach is a mid-size nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 58.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.1M |
| Total Expenses | $4.7M |
| Surplus / Deficit | +$479K |
| Total Assets | $5.0M |
| Total Liabilities | $2.6M |
| Net Assets | $2.4M |
| Operating Margin | 9.3% |
| Debt-to-Asset Ratio | 51.5% |
| Months of Reserves | 12.9 months |
Financial Health Grade: A
In 2023, Intellectual Virtues Academy Of Long Beach reported a surplus of $479K with revenue exceeding expenses, holds 12.9 months of operating reserves (strong position), has a debt-to-asset ratio of 51.5% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Intellectual Virtues Academy Of Long Beach's revenue has grown at a compound annual growth rate (CAGR) of 58.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.5% | +4.6% | +78.5% |
| 2022 | +0.3% | +5.0% | -4.4% |
| 2021 | +13.2% | +0.6% | +41.8% |
| 2020 | +2.7% | +11.2% | +19.1% |
| 2019 | +22.6% | +22.3% | +19.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Intellectual Virtues Academy Of Long Beach 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 Intellectual Virtues Academy Of Long Beach 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 surplus of $479K, with revenue exceeding expenses.
- Debt-to-asset ratio: 51.5%.
Frequently Asked Questions about Intellectual Virtues Academy Of Long Beach
Is Intellectual Virtues Academy Of Long Beach a legitimate charity?
Intellectual Virtues Academy Of Long Beach (EIN: 461117774) is a registered tax-exempt nonprofit based in California. It has 11 years of IRS 990 filings on record. Total revenue: $5.8M. No red flags identified. Financial health grade: A.
How does Intellectual Virtues Academy Of Long Beach spend its money?
Intellectual Virtues Academy Of Long Beach reported $5.8M in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Intellectual Virtues Academy Of Long Beach tax-deductible?
Intellectual Virtues Academy Of Long Beach is registered as a tax-exempt nonprofit (EIN: 461117774). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Intellectual Virtues Academy Of Long Beach located?
Intellectual Virtues Academy Of Long Beach is headquartered in Long Beach, California and files with the IRS under EIN 461117774. It is classified under NTEE code B25.
How many years of IRS 990 filings does Intellectual Virtues Academy Of Long Beach have?
Intellectual Virtues Academy Of Long Beach has 11 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 $5.8M in total revenue.
Filing History
IRS 990 filing history for Intellectual Virtues Academy Of Long Beach showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Intellectual Virtues Academy Of Long Beach's revenue has grown by 9631.9%, moving from $53K to $5.1M. Total assets increased by 2056.5% over the same period, from $232K to $5.0M. Total functional expenses rose by 8771.9%, from $52K to $4.7M. In its most recent filing year (2023), Intellectual Virtues Academy Of Long Beach reported a surplus of $479K, with revenue exceeding expenses. The organization holds $2.6M in liabilities against $5.0M in assets (debt-to-asset ratio: 51.5%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.1M | $4.7M | $5.0M | $2.6M | — | — |
| 2022 | $4.7M | $4.4M | $2.8M | $857K | — | View 990 |
| 2021 | $4.7M | $4.2M | $2.9M | $1.3M | — | — |
| 2020 | $4.2M | $4.2M | $2.1M | $885K | — | View 990 |
| 2019 | $4.1M | $3.8M | $1.7M | $508K | — | View 990 |
| 2018 | $3.3M | $3.1M | $1.4M | $490K | — | View 990 |
| 2017 | $3.6M | $3.4M | $1.2M | $484K | — | View 990 |
| 2016 | $1.4M | $1.3M | $692K | $189K | — | View 990 |
| 2015 | $1.1M | $1.1M | $577K | $146K | — | View 990 |
| 2014 | $1.1M | $697K | $447K | $67K | — | View 990 |
| 2013 | $53K | $52K | $232K | $232K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.1M, expenses of $4.7M, and assets of $5.0M (revenue +8.5% year-over-year).
- 2022: Revenue of $4.7M, expenses of $4.4M, and assets of $2.8M (revenue +0.3% year-over-year).
- 2021: Revenue of $4.7M, expenses of $4.2M, and assets of $2.9M (revenue +13.2% year-over-year).
- 2020: Revenue of $4.2M, expenses of $4.2M, and assets of $2.1M (revenue +2.7% year-over-year).
- 2019: Revenue of $4.1M, expenses of $3.8M, and assets of $1.7M (revenue +22.6% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.1M, and assets of $1.4M (revenue -7.9% year-over-year).
- 2017: Revenue of $3.6M, expenses of $3.4M, and assets of $1.2M (revenue +160.5% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.3M, and assets of $692K (revenue +21.3% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $577K (revenue +5.6% year-over-year).
- 2014: Revenue of $1.1M, expenses of $697K, and assets of $447K (revenue +1942.0% year-over-year).
- 2013: Revenue of $53K, expenses of $52K, and assets of $232K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Intellectual Virtues Academy Of Long Beach:
Data Sources and Methodology
This transparency report for Intellectual Virtues Academy Of Long Beach 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.