Laurelwood Academy Inc
EIN: 930950453 · Vernonia, OR
| Metric | Value |
|---|---|
| Total Revenue | $783K |
| Total Expenses | $701K |
| Net Assets | $852K |
Is Laurelwood 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 Laurelwood Academy Inc
Laurelwood Academy Inc (EIN: 930950453) is a nonprofit organization based in Vernonia, OR. The organization reported total revenue of $783K and total assets of $852K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laurelwood Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Laurelwood Academy Inc is a small nonprofit that has been operating for 39 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 20.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $606K |
| Total Expenses | $701K |
| Surplus / Deficit | $-95,132 |
| Total Assets | $855K |
| Total Liabilities | $3K |
| Net Assets | $852K |
| Operating Margin | -15.7% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 14.6 months |
Financial Health Grade: B
In 2023, Laurelwood Academy Inc reported a deficit of $95K with expenses exceeding revenue, holds 14.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Laurelwood Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.6% | +22.1% | -9.7% |
| 2022 | +153.0% | +106.5% | +8.5% |
| 2021 | -55.3% | -55.2% | +3.9% |
| 2020 | -28.3% | -25.4% | +21.2% |
| 2019 | -29.9% | -31.9% | -11.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Laurelwood 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 Laurelwood 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $95K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Laurelwood Academy Inc
Is Laurelwood Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Laurelwood Academy Inc (EIN: 930950453) insufficient data. 0 red flags identified, 0 strengths noted.
How does Laurelwood Academy Inc spend its money?
Detailed spending breakdown data is not yet available for Laurelwood Academy Inc. Check back for updated IRS 990 analysis.
Are donations to Laurelwood Academy Inc tax-deductible?
Laurelwood Academy Inc is registered as a tax-exempt nonprofit (EIN: 930950453). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Laurelwood Academy Inc located?
Laurelwood Academy Inc is headquartered in Vernonia, Oregon and files with the IRS under EIN 930950453.
How many years of IRS 990 filings does Laurelwood Academy Inc have?
Laurelwood Academy Inc 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 $783K in total revenue.
Filing History
IRS 990 filing history for Laurelwood Academy Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Laurelwood Academy Inc's revenue has grown by 658.1%, moving from $80K to $606K. Total assets increased by 171.1% over the same period, from $316K to $855K. Total functional expenses rose by 205.8%, from $229K to $701K. In its most recent filing year (2023), Laurelwood Academy Inc reported a deficit of $95K, with expenses exceeding revenue. The organization holds $3K in liabilities against $855K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $852K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $606K | $701K | $855K | $3K | — | View 990 |
| 2022 | $649K | $574K | $948K | $39 | — | View 990 |
| 2021 | $256K | $278K | $873K | $0 | — | — |
| 2020 | $574K | $621K | $840K | $561 | — | View 990 |
| 2019 | $801K | $832K | $693K | $6K | — | View 990 |
| 2018 | $1.1M | $1.2M | $781K | $63K | — | View 990 |
| 2017 | $522K | $751K | $808K | $12K | — | View 990 |
| 2016 | $1.0M | $576K | $1.0M | $13K | — | View 990 |
| 2015 | $356K | $381K | $601K | $10K | — | View 990 |
| 2014 | $564K | $252K | $619K | $4K | — | View 990 |
| 2013 | $78K | $89K | $305K | $1K | — | View 990 |
| 2012 | $80K | $229K | $316K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $606K, expenses of $701K, and assets of $855K (revenue -6.6% year-over-year).
- 2022: Revenue of $649K, expenses of $574K, and assets of $948K (revenue +153.0% year-over-year).
- 2021: Revenue of $256K, expenses of $278K, and assets of $873K (revenue -55.3% year-over-year).
- 2020: Revenue of $574K, expenses of $621K, and assets of $840K (revenue -28.3% year-over-year).
- 2019: Revenue of $801K, expenses of $832K, and assets of $693K (revenue -29.9% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.2M, and assets of $781K (revenue +118.9% year-over-year).
- 2017: Revenue of $522K, expenses of $751K, and assets of $808K (revenue -48.3% year-over-year).
- 2016: Revenue of $1.0M, expenses of $576K, and assets of $1.0M (revenue +184.2% year-over-year).
- 2015: Revenue of $356K, expenses of $381K, and assets of $601K (revenue -37.0% year-over-year).
- 2014: Revenue of $564K, expenses of $252K, and assets of $619K (revenue +625.4% year-over-year).
- 2013: Revenue of $78K, expenses of $89K, and assets of $305K (revenue -2.7% year-over-year).
- 2012: Revenue of $80K, expenses of $229K, and assets of $316K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Laurelwood Academy Inc:
Data Sources and Methodology
This transparency report for Laurelwood 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.