International Spanish Language Academy
International Spanish Language Academy consistently operates with expenses exceeding revenue, maintaining high liabilities relative to assets.
EIN: 10872726 · Edina, MN · NTEE: B20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.7M |
| Total Expenses | $5.6M |
| Program Spending | 85% |
| Net Assets | $-1,084,196 |
| Transparency Score | 70/100 |
Is International Spanish Language Academy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Spanish Language Academy directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About International Spanish Language Academy
International Spanish Language Academy (EIN: 10872726) is a nonprofit organization based in Edina, MN, classified under NTEE code B20. The organization reported total revenue of $6.7M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Spanish Language Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Spanish Language Academy is a mid-size nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.1M |
| Total Expenses | $5.6M |
| Surplus / Deficit | $-427,602 |
| Total Assets | $3.1M |
| Total Liabilities | $4.2M |
| Net Assets | $-1,084,196 |
| Operating Margin | -8.3% |
| Debt-to-Asset Ratio | 135.0% |
| Months of Reserves | 6.7 months |
Financial Health Grade: C
In 2022, International Spanish Language Academy reported a deficit of $428K with expenses exceeding revenue, holds 6.7 months of operating reserves (strong position), has a debt-to-asset ratio of 135.0% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), International Spanish Language Academy's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +41.5% | +38.6% | +25.1% |
| 2021 | -3.5% | -0.8% | -19.6% |
| 2020 | +9.1% | +32.7% | -11.6% |
| 2019 | +5.9% | -19.2% | -16.6% |
| 2018 | +5.4% | +5.9% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 International Spanish Language Academy with a Mission Score of 70 out of 100 (Good). 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, International Spanish Language Academy 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $428K, with expenses exceeding revenue.
- Debt-to-asset ratio: 135.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive structure or that executive compensation is categorized differently within the financial statements, which would require further clarification.
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 International Spanish Language Academy's IRS 990 filings:
- Consistent operational deficits where expenses exceed revenue in multiple recent years (e.g., 2022, 2021, 2020).
- High liability-to-asset ratio, with liabilities often exceeding total assets (e.g., $4,181,638 liabilities vs. $3,097,442 assets in 2022).
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided summary, making precise spending efficiency assessment difficult.
Strengths
The following positive indicators were identified for International Spanish Language Academy:
- Consistent filing of IRS Form 990s over 12 periods, indicating good regulatory transparency.
- No reported officer compensation across all available filings, suggesting potential efficiency in executive leadership costs.
- Long-term revenue growth from $2.1 million in 2013 to $5.1 million in 2022, indicating increasing demand and support for its mission.
- Clear alignment with its NTEE code (B20 - Elementary & Secondary Education) and mission as an educational institution.
Frequently Asked Questions about International Spanish Language Academy
Is International Spanish Language Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, International Spanish Language Academy (EIN: 10872726) some concerns. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
How does International Spanish Language Academy spend its money?
International Spanish Language Academy directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to International Spanish Language Academy tax-deductible?
International Spanish Language Academy is registered as a tax-exempt nonprofit (EIN: 10872726). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of International Spanish Language Academy's spending goes to programs?
International Spanish Language Academy directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does International Spanish Language Academy compare to similar nonprofits?
With a transparency score of 70/100 (Good), International Spanish Language Academy is above average for NTEE category B20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is International Spanish Language Academy located?
International Spanish Language Academy is headquartered in Edina, Minnesota and files with the IRS under EIN 10872726. It is classified under NTEE code B20.
How many years of IRS 990 filings does International Spanish Language Academy have?
International Spanish Language Academy has 12 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 $6.7M in total revenue.
Is International Spanish Language Academy a good charity?
ISLA appears to be a legitimate educational institution with a clear mission. Its consistent operational deficits and high liabilities are areas of concern, but the absence of reported officer compensation is a positive indicator of potential efficiency. A 'good' charity depends on individual donor priorities, but its financial structure warrants careful consideration.
Why do expenses frequently exceed revenue?
Expenses have exceeded revenue in multiple periods (e.g., $5,562,745 expenses vs. $5,135,143 revenue in 2022). This could be due to strategic investments, timing differences in funding, or a reliance on reserves or debt to cover operational costs. Further analysis of cash flow and funding sources would be needed to fully understand this trend.
What is the nature of the high liabilities?
Liabilities have consistently been high, often exceeding assets (e.g., $4,181,638 liabilities vs. $3,097,442 assets in 2022). Without detailed financial statements, it's difficult to pinpoint the exact nature, but it could include mortgages, bonds, or other long-term debt related to facilities or operations, which is common for educational institutions.
How does the organization sustain itself with recurring deficits?
The organization likely sustains itself by drawing on accumulated reserves from prior profitable years (e.g., 2019 had revenue exceeding expenses), securing loans, or receiving grants and contributions that are not always reflected as 'revenue' in the same period as expenses. The overall growth in assets from $1.0 million in 2013 to $3.0 million in 2022, despite recent dips, suggests some capacity to manage these deficits.
Is the 0% officer compensation accurate?
The IRS 990 filings consistently report 0% officer compensation. This is either accurate, indicating a volunteer-led executive team, or compensation is reported under different expense categories, which would require reviewing the full Form 990 for detailed salary breakdowns.
Filing History
IRS 990 filing history for International Spanish Language Academy showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), International Spanish Language Academy's revenue has grown by 199.3%, moving from $1.7M to $5.1M. Total assets increased by 462.4% over the same period, from $551K to $3.1M. Total functional expenses rose by 249.4%, from $1.6M to $5.6M. In its most recent filing year (2022), International Spanish Language Academy reported a deficit of $428K, with expenses exceeding revenue. The organization holds $4.2M in liabilities against $3.1M in assets (debt-to-asset ratio: 135.0%), resulting in net assets of $-1,084,196.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $5.1M | $5.6M | $3.1M | $4.2M | — | View 990 |
| 2021 | $3.6M | $4.0M | $2.5M | $3.9M | — | — |
| 2020 | $3.8M | $4.0M | $3.1M | $4.1M | — | View 990 |
| 2019 | $3.4M | $3.1M | $3.5M | $4.2M | — | View 990 |
| 2018 | $3.3M | $3.8M | $4.2M | $5.3M | — | View 990 |
| 2017 | $3.1M | $3.6M | $4.1M | $4.7M | — | View 990 |
| 2016 | $2.7M | $2.7M | $1.5M | $1.6M | — | View 990 |
| 2015 | $2.6M | $2.5M | $1.4M | $1.5M | — | View 990 |
| 2014 | $2.4M | $2.4M | $1.1M | $190K | — | View 990 |
| 2013 | $2.2M | $2.1M | $1.1M | $199K | — | View 990 |
| 2012 | $2.1M | $1.8M | $1.1M | $283K | — | View 990 |
| 2011 | $1.7M | $1.6M | $551K | $54K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $5.1M, expenses of $5.6M, and assets of $3.1M (revenue +41.5% year-over-year).
- 2021: Revenue of $3.6M, expenses of $4.0M, and assets of $2.5M (revenue -3.5% year-over-year).
- 2020: Revenue of $3.8M, expenses of $4.0M, and assets of $3.1M (revenue +9.1% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.1M, and assets of $3.5M (revenue +5.9% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.8M, and assets of $4.2M (revenue +5.4% year-over-year).
- 2017: Revenue of $3.1M, expenses of $3.6M, and assets of $4.1M (revenue +14.0% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.7M, and assets of $1.5M (revenue +4.3% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.5M, and assets of $1.4M (revenue +8.3% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.4M, and assets of $1.1M (revenue +9.8% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.1M, and assets of $1.1M (revenue +3.4% year-over-year).
- 2012: Revenue of $2.1M, expenses of $1.8M, and assets of $1.1M (revenue +22.8% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.6M, and assets of $551K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Spanish Language Academy:
Data Sources and Methodology
This transparency report for International Spanish Language Academy 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.