Julia Lee Performing Arts Academy
EIN: 823452692 · Lake Elsinore, CA · NTEE: B29
Is Julia Lee Performing Arts Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Julia Lee Performing Arts Academy
Julia Lee Performing Arts Academy (EIN: 823452692) is a nonprofit organization based in Lake Elsinore, CA, classified under NTEE code B29. The organization reported total revenue of $7.4M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Julia Lee Performing Arts Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Julia Lee Performing Arts Academy 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 Julia Lee Performing Arts Academy 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.
Frequently Asked Questions about Julia Lee Performing Arts Academy
Is Julia Lee Performing Arts Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Julia Lee Performing Arts Academy (EIN: 823452692) insufficient data. 0 red flags identified, 0 strengths noted.
How does Julia Lee Performing Arts Academy spend its money?
Detailed spending breakdown data is not yet available for Julia Lee Performing Arts Academy. Check back for updated IRS 990 analysis.
Are donations to Julia Lee Performing Arts Academy tax-deductible?
Julia Lee Performing Arts Academy is registered as a tax-exempt nonprofit (EIN: 823452692). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Julia Lee Performing Arts Academy showing financial trends over 6 years of public records:
Total assets increased by 13387.7% over the same period, from $42K to $5.7M. Total functional expenses rose by 10198.3%, from $60K to $6.1M. In its most recent filing year (2023), Julia Lee Performing Arts Academy reported a surplus of $974K, with revenue exceeding expenses. The organization holds $3.3M in liabilities against $5.7M in assets (debt-to-asset ratio: 58.4%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $7.1M | $6.1M | $5.7M | $3.3M | — | — |
| 2022 | $5.4M | $5.0M | $4.8M | $3.4M | — | View 990 |
| 2021 | $4.1M | $3.6M | $2.0M | $1.1M | — | — |
| 2020 | $3.2M | $2.8M | $1.2M | $783K | — | View 990 |
| 2019 | $2.1M | $2.0M | $422K | $362K | — | View 990 |
| 2018 | $0 | $60K | $42K | $102K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.1M, expenses of $6.1M, and assets of $5.7M (revenue +30.7% year-over-year).
- 2022: Revenue of $5.4M, expenses of $5.0M, and assets of $4.8M (revenue +32.8% year-over-year).
- 2021: Revenue of $4.1M, expenses of $3.6M, and assets of $2.0M (revenue +27.4% year-over-year).
- 2020: Revenue of $3.2M, expenses of $2.8M, and assets of $1.2M (revenue +55.1% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.0M, and assets of $422K.
- 2018: Revenue of $0, expenses of $60K, and assets of $42K.
Data Sources and Methodology
This transparency report for Julia Lee Performing Arts 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.