Kids Academy
EIN: 272204376 · Berthold, ND · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $299K |
| Total Expenses | $316K |
| Net Assets | $271K |
Is Kids Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kids Academy
Kids Academy (EIN: 272204376) is a nonprofit organization based in Berthold, ND, classified under NTEE code P33. The organization reported total revenue of $299K and total assets of $337K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kids Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kids Academy is a small nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $284K |
| Total Expenses | $316K |
| Surplus / Deficit | $-32,502 |
| Total Assets | $313K |
| Total Liabilities | $42K |
| Net Assets | $271K |
| Operating Margin | -11.5% |
| Debt-to-Asset Ratio | 13.4% |
| Months of Reserves | 11.9 months |
Financial Health Grade: B
In 2023, Kids Academy reported a deficit of $33K with expenses exceeding revenue, holds 11.9 months of operating reserves (strong position), has a debt-to-asset ratio of 13.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Kids Academy's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.7% | +46.3% | -10.7% |
| 2022 | -29.5% | +8.0% | -11.6% |
| 2021 | +46.3% | +5.9% | +3.6% |
| 2020 | +10.9% | -9.2% | -13.0% |
| 2019 | -10.1% | +4.0% | -17.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kids 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 Kids 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.4%.
Frequently Asked Questions about Kids Academy
Is Kids Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Kids Academy (EIN: 272204376) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kids Academy spend its money?
Detailed spending breakdown data is not yet available for Kids Academy. Check back for updated IRS 990 analysis.
Are donations to Kids Academy tax-deductible?
Kids Academy is registered as a tax-exempt nonprofit (EIN: 272204376). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kids Academy located?
Kids Academy is headquartered in Berthold, North Dakota and files with the IRS under EIN 272204376. It is classified under NTEE code P33.
How many years of IRS 990 filings does Kids Academy have?
Kids 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 $299K in total revenue.
Filing History
IRS 990 filing history for Kids Academy showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Kids Academy's revenue has grown by 31%, moving from $216K to $284K. Total assets decreased by 11.1% over the same period, from $352K to $313K. Total functional expenses rose by 10031.8%, from $3K to $316K. In its most recent filing year (2023), Kids Academy reported a deficit of $33K, with expenses exceeding revenue. The organization holds $42K in liabilities against $313K in assets (debt-to-asset ratio: 13.4%), resulting in net assets of $271K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $284K | $316K | $313K | $42K | — | — |
| 2022 | $182K | $216K | $350K | $47K | — | View 990 |
| 2021 | $259K | $200K | $396K | $59K | — | — |
| 2020 | $177K | $189K | $382K | $104K | — | View 990 |
| 2019 | $159K | $208K | $440K | $149K | — | View 990 |
| 2018 | $177K | $200K | $534K | $194K | — | — |
| 2017 | $182K | $212K | $603K | $240K | — | View 990 |
| 2016 | $51K | $41K | $677K | $283K | — | View 990 |
| 2015 | $119K | $26K | $710K | $326K | — | View 990 |
| 2014 | $40K | $21K | $650K | $360K | — | View 990 |
| 2013 | $64K | $19K | $641K | $370K | — | View 990 |
| 2012 | $216K | $3K | $352K | $126K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $284K, expenses of $316K, and assets of $313K (revenue +55.7% year-over-year).
- 2022: Revenue of $182K, expenses of $216K, and assets of $350K (revenue -29.5% year-over-year).
- 2021: Revenue of $259K, expenses of $200K, and assets of $396K (revenue +46.3% year-over-year).
- 2020: Revenue of $177K, expenses of $189K, and assets of $382K (revenue +10.9% year-over-year).
- 2019: Revenue of $159K, expenses of $208K, and assets of $440K (revenue -10.1% year-over-year).
- 2018: Revenue of $177K, expenses of $200K, and assets of $534K (revenue -2.5% year-over-year).
- 2017: Revenue of $182K, expenses of $212K, and assets of $603K (revenue +258.6% year-over-year).
- 2016: Revenue of $51K, expenses of $41K, and assets of $677K (revenue -57.4% year-over-year).
- 2015: Revenue of $119K, expenses of $26K, and assets of $710K (revenue +197.9% year-over-year).
- 2014: Revenue of $40K, expenses of $21K, and assets of $650K (revenue -37.7% year-over-year).
- 2013: Revenue of $64K, expenses of $19K, and assets of $641K (revenue -70.4% year-over-year).
- 2012: Revenue of $216K, expenses of $3K, and assets of $352K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kids Academy:
Data Sources and Methodology
This transparency report for Kids 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.