Kingfisher Academy Inc
EIN: 582478864 · Clarkston, GA · NTEE: B20
Is Kingfisher Academy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kingfisher Academy Inc
Kingfisher Academy Inc (EIN: 582478864) is a nonprofit organization based in Clarkston, GA, classified under NTEE code B20. The organization reported total revenue of $181K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kingfisher Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kingfisher Academy Inc is a small nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -2.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $181K |
| Total Expenses | $202K |
| Surplus / Deficit | $-21,086 |
| Total Assets | $19K |
| Total Liabilities | $9K |
| Net Assets | $10K |
| Operating Margin | -11.7% |
| Debt-to-Asset Ratio | 48.2% |
| Months of Reserves | 1.1 months |
Financial Health Grade: C
In 2022, Kingfisher Academy Inc reported a deficit of $21K with expenses exceeding revenue, holds 1.1 months of operating reserves (limited), has a debt-to-asset ratio of 48.2% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Kingfisher Academy Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -26.1% | -10.8% | -45.2% |
| 2021 | +40.4% | +27.0% | +300.3% |
| 2020 | -21.5% | -22.2% | -5.6% |
| 2019 | +17.0% | +28.6% | -44.8% |
| 2018 | +49.0% | +35.3% | +231.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kingfisher Academy Inc 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 Kingfisher Academy Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.2%.
Frequently Asked Questions about Kingfisher Academy Inc
Is Kingfisher Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kingfisher Academy Inc (EIN: 582478864) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kingfisher Academy Inc spend its money?
Detailed spending breakdown data is not yet available for Kingfisher Academy Inc. Check back for updated IRS 990 analysis.
Are donations to Kingfisher Academy Inc tax-deductible?
Kingfisher Academy Inc is registered as a tax-exempt nonprofit (EIN: 582478864). 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 Kingfisher Academy Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Kingfisher Academy Inc's revenue has declined by 24.7%, moving from $240K to $181K. Total assets decreased by 46.3% over the same period, from $35K to $19K. Total functional expenses fell by 14.8%, from $237K to $202K. In its most recent filing year (2022), Kingfisher Academy Inc reported a deficit of $21K, with expenses exceeding revenue. The organization holds $9K in liabilities against $19K in assets (debt-to-asset ratio: 48.2%), resulting in net assets of $10K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $181K | $202K | $19K | $9K | — | View 990 |
| 2021 | $245K | $226K | $34K | $0 | — | — |
| 2020 | $174K | $178K | $9K | $0 | — | View 990 |
| 2019 | $222K | $229K | $9K | $0 | — | View 990 |
| 2018 | $190K | $178K | $16K | $0 | — | View 990 |
| 2017 | $127K | $132K | $5K | $0 | — | View 990 |
| 2016 | $159K | $156K | $9K | $0 | — | View 990 |
| 2015 | $177K | $175K | $6K | $0 | — | View 990 |
| 2014 | $149K | $146K | $13K | $6K | — | View 990 |
| 2013 | $117K | $124K | $24K | $12K | — | View 990 |
| 2012 | $165K | $181K | $17K | $9K | — | View 990 |
| 2011 | $240K | $237K | $35K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $181K, expenses of $202K, and assets of $19K (revenue -26.1% year-over-year).
- 2021: Revenue of $245K, expenses of $226K, and assets of $34K (revenue +40.4% year-over-year).
- 2020: Revenue of $174K, expenses of $178K, and assets of $9K (revenue -21.5% year-over-year).
- 2019: Revenue of $222K, expenses of $229K, and assets of $9K (revenue +17.0% year-over-year).
- 2018: Revenue of $190K, expenses of $178K, and assets of $16K (revenue +49.0% year-over-year).
- 2017: Revenue of $127K, expenses of $132K, and assets of $5K (revenue -19.9% year-over-year).
- 2016: Revenue of $159K, expenses of $156K, and assets of $9K (revenue -10.3% year-over-year).
- 2015: Revenue of $177K, expenses of $175K, and assets of $6K (revenue +18.7% year-over-year).
- 2014: Revenue of $149K, expenses of $146K, and assets of $13K (revenue +27.9% year-over-year).
- 2013: Revenue of $117K, expenses of $124K, and assets of $24K (revenue -29.1% year-over-year).
- 2012: Revenue of $165K, expenses of $181K, and assets of $17K (revenue -31.4% year-over-year).
- 2011: Revenue of $240K, expenses of $237K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kingfisher Academy Inc:
Data Sources and Methodology
This transparency report for Kingfisher Academy Inc 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.