Latona School Associates
EIN: 911301451 · Seattle, WA · NTEE: B200
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $931K |
| Net Assets | $611K |
Is Latona School Associates Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Latona School Associates
Latona School Associates (EIN: 911301451) is a nonprofit organization based in Seattle, WA, classified under NTEE code B200. The organization reported total revenue of $1.2M and total assets of $625K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Latona School Associates's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Latona School Associates is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $955K |
| Total Expenses | $931K |
| Surplus / Deficit | +$24K |
| Total Assets | $620K |
| Total Liabilities | $9K |
| Net Assets | $611K |
| Operating Margin | 2.5% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 8.0 months |
Financial Health Grade: A
In 2023, Latona School Associates reported a surplus of $24K with revenue exceeding expenses, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Latona School Associates's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.3% | +21.2% | -5.0% |
| 2022 | -10.2% | +8.3% | +10.5% |
| 2021 | +47.2% | -4.9% | +20.5% |
| 2020 | -24.6% | -6.3% | +0.2% |
| 2019 | -1.2% | +7.0% | +7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Latona School Associates 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 Latona School Associates 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 surplus of $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Latona School Associates
Is Latona School Associates a legitimate charity?
Based on AI analysis of IRS 990 filings, Latona School Associates (EIN: 911301451) insufficient data. 0 red flags identified, 0 strengths noted.
How does Latona School Associates spend its money?
Detailed spending breakdown data is not yet available for Latona School Associates. Check back for updated IRS 990 analysis.
Are donations to Latona School Associates tax-deductible?
Latona School Associates is registered as a tax-exempt nonprofit (EIN: 911301451). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Latona School Associates located?
Latona School Associates is headquartered in Seattle, Washington and files with the IRS under EIN 911301451. It is classified under NTEE code B200.
How many years of IRS 990 filings does Latona School Associates have?
Latona School Associates has 13 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Latona School Associates showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Latona School Associates's revenue has grown by 150.7%, moving from $381K to $955K. Total assets increased by 321.8% over the same period, from $147K to $620K. Total functional expenses rose by 143.1%, from $383K to $931K. In its most recent filing year (2023), Latona School Associates reported a surplus of $24K, with revenue exceeding expenses. The organization holds $9K in liabilities against $620K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $611K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $955K | $931K | $620K | $9K | — | — |
| 2022 | $835K | $768K | $653K | $65K | — | View 990 |
| 2021 | $931K | $709K | $591K | $70K | — | — |
| 2020 | $633K | $746K | $490K | $191K | — | View 990 |
| 2019 | $839K | $796K | $489K | $77K | — | View 990 |
| 2018 | $849K | $744K | $455K | $86K | — | View 990 |
| 2017 | $770K | $758K | $345K | $82K | — | View 990 |
| 2016 | $715K | $689K | $319K | $67K | — | View 990 |
| 2015 | $717K | $672K | $304K | $79K | — | View 990 |
| 2014 | $676K | $617K | $263K | $82K | — | View 990 |
| 2013 | $495K | $537K | $201K | $79K | — | View 990 |
| 2012 | $520K | $494K | $176K | $12K | — | View 990 |
| 2011 | $381K | $383K | $147K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $955K, expenses of $931K, and assets of $620K (revenue +14.3% year-over-year).
- 2022: Revenue of $835K, expenses of $768K, and assets of $653K (revenue -10.2% year-over-year).
- 2021: Revenue of $931K, expenses of $709K, and assets of $591K (revenue +47.2% year-over-year).
- 2020: Revenue of $633K, expenses of $746K, and assets of $490K (revenue -24.6% year-over-year).
- 2019: Revenue of $839K, expenses of $796K, and assets of $489K (revenue -1.2% year-over-year).
- 2018: Revenue of $849K, expenses of $744K, and assets of $455K (revenue +10.3% year-over-year).
- 2017: Revenue of $770K, expenses of $758K, and assets of $345K (revenue +7.6% year-over-year).
- 2016: Revenue of $715K, expenses of $689K, and assets of $319K (revenue -0.3% year-over-year).
- 2015: Revenue of $717K, expenses of $672K, and assets of $304K (revenue +6.1% year-over-year).
- 2014: Revenue of $676K, expenses of $617K, and assets of $263K (revenue +36.5% year-over-year).
- 2013: Revenue of $495K, expenses of $537K, and assets of $201K (revenue -4.7% year-over-year).
- 2012: Revenue of $520K, expenses of $494K, and assets of $176K (revenue +36.5% year-over-year).
- 2011: Revenue of $381K, expenses of $383K, and assets of $147K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Latona School Associates:
Data Sources and Methodology
This transparency report for Latona School Associates 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.