International Academy Of New York
EIN: 822352308 · Greenwich, CT · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $3.5M |
| Net Assets | $-4,683,414 |
Is International Academy Of New York Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About International Academy Of New York
International Academy Of New York (EIN: 822352308) is a nonprofit organization based in Greenwich, CT, classified under NTEE code B20. The organization reported total revenue of $3.2M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Academy Of New York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Academy Of New York is a mid-size nonprofit that has been operating for 8 years, with 4 years of IRS 990 filings on record (2017–2020). Revenue has grown at a compound annual rate of 114.0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $3.5M |
| Surplus / Deficit | $-371,810 |
| Total Assets | $2.7M |
| Total Liabilities | $7.4M |
| Net Assets | $-4,683,414 |
| Operating Margin | -11.8% |
| Debt-to-Asset Ratio | 271.3% |
| Months of Reserves | 9.3 months |
Financial Health Grade: C
In 2020, International Academy Of New York reported a deficit of $372K with expenses exceeding revenue, holds 9.3 months of operating reserves (strong position), has a debt-to-asset ratio of 271.3% (high leverage).
Financial Trends
Over 4 years of filings (2017–2020), International Academy Of New York's revenue has grown at a compound annual growth rate (CAGR) of 114.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +50.7% | +16.0% | +4.3% |
| 2019 | +599.6% | +33.6% | +3.2% |
| 2018 | -7.0% | +70.4% | +416.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for International Academy Of New York 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 International Academy Of New York 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $372K, with expenses exceeding revenue.
- Debt-to-asset ratio: 271.3%.
Frequently Asked Questions about International Academy Of New York
Is International Academy Of New York a legitimate charity?
International Academy Of New York (EIN: 822352308) is a registered tax-exempt nonprofit based in Connecticut. It has 4 years of IRS 990 filings on record. Total revenue: $3.2M. No red flags identified. Financial health grade: C.
How does International Academy Of New York spend its money?
International Academy Of New York reported $3.2M in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to International Academy Of New York tax-deductible?
International Academy Of New York is registered as a tax-exempt nonprofit (EIN: 822352308). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is International Academy Of New York located?
International Academy Of New York is headquartered in Greenwich, Connecticut and files with the IRS under EIN 822352308. It is classified under NTEE code B20.
How many years of IRS 990 filings does International Academy Of New York have?
International Academy Of New York has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $3.2M in total revenue.
Filing History
IRS 990 filing history for International Academy Of New York showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2017–2020), International Academy Of New York's revenue has grown by 880.6%, moving from $321K to $3.2M. Total assets increased by 456.3% over the same period, from $491K to $2.7M. Total functional expenses rose by 164.2%, from $1.3M to $3.5M. In its most recent filing year (2020), International Academy Of New York reported a deficit of $372K, with expenses exceeding revenue. The organization holds $7.4M in liabilities against $2.7M in assets (debt-to-asset ratio: 271.3%), resulting in net assets of $-4,683,414.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $3.2M | $3.5M | $2.7M | $7.4M | — | View 990 |
| 2019 | $2.1M | $3.0M | $2.6M | $6.6M | — | View 990 |
| 2018 | $299K | $2.3M | $2.5M | $5.5M | — | View 990 |
| 2017 | $321K | $1.3M | $491K | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $3.2M, expenses of $3.5M, and assets of $2.7M (revenue +50.7% year-over-year).
- 2019: Revenue of $2.1M, expenses of $3.0M, and assets of $2.6M (revenue +599.6% year-over-year).
- 2018: Revenue of $299K, expenses of $2.3M, and assets of $2.5M (revenue -7.0% year-over-year).
- 2017: Revenue of $321K, expenses of $1.3M, and assets of $491K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Academy Of New York:
Data Sources and Methodology
This transparency report for International Academy Of New York 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.