Lionheart Academy Of The Triad
EIN: 474069833 · Greensboro, NC · NTEE: B28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.2M |
| Net Assets | $1.2M |
Is Lionheart Academy Of The Triad Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lionheart Academy Of The Triad
Lionheart Academy Of The Triad (EIN: 474069833) is a nonprofit organization based in Greensboro, NC, classified under NTEE code B28. The organization reported total revenue of $1.9M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lionheart Academy Of The Triad's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lionheart Academy Of The Triad is a mid-size nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 21.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$234K |
| Total Assets | $2.0M |
| Total Liabilities | $776K |
| Net Assets | $1.2M |
| Operating Margin | 16.6% |
| Debt-to-Asset Ratio | 38.9% |
| Months of Reserves | 20.3 months |
Financial Health Grade: A
In 2023, Lionheart Academy Of The Triad reported a surplus of $234K with revenue exceeding expenses, holds 20.3 months of operating reserves (strong position), has a debt-to-asset ratio of 38.9% (moderate leverage).
Financial Trends
Over 8 years of filings (2016–2023), Lionheart Academy Of The Triad's revenue has grown at a compound annual growth rate (CAGR) of 21.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.6% | +22.5% | +11.6% |
| 2022 | +9.9% | +15.8% | +2.6% |
| 2021 | +7.0% | +6.3% | +19.6% |
| 2020 | -1.3% | +15.5% | +5.3% |
| 2019 | +74.3% | +44.1% | +55.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lionheart Academy Of The Triad 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 Lionheart Academy Of The Triad 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 $234K, with revenue exceeding expenses.
- Debt-to-asset ratio: 38.9%.
Frequently Asked Questions about Lionheart Academy Of The Triad
Is Lionheart Academy Of The Triad a legitimate charity?
Based on AI analysis of IRS 990 filings, Lionheart Academy Of The Triad (EIN: 474069833) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lionheart Academy Of The Triad spend its money?
Detailed spending breakdown data is not yet available for Lionheart Academy Of The Triad. Check back for updated IRS 990 analysis.
Are donations to Lionheart Academy Of The Triad tax-deductible?
Lionheart Academy Of The Triad is registered as a tax-exempt nonprofit (EIN: 474069833). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lionheart Academy Of The Triad located?
Lionheart Academy Of The Triad is headquartered in Greensboro, North Carolina and files with the IRS under EIN 474069833. It is classified under NTEE code B28.
How many years of IRS 990 filings does Lionheart Academy Of The Triad have?
Lionheart Academy Of The Triad has 8 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 $1.9M in total revenue.
Filing History
IRS 990 filing history for Lionheart Academy Of The Triad showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Lionheart Academy Of The Triad's revenue has grown by 296.7%, moving from $356K to $1.4M. Total assets increased by 1160.9% over the same period, from $158K to $2.0M. Total functional expenses rose by 433.6%, from $221K to $1.2M. In its most recent filing year (2023), Lionheart Academy Of The Triad reported a surplus of $234K, with revenue exceeding expenses. The organization holds $776K in liabilities against $2.0M in assets (debt-to-asset ratio: 38.9%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.2M | $2.0M | $776K | — | View 990 |
| 2022 | $1.0M | $961K | $1.8M | $803K | — | View 990 |
| 2021 | $947K | $830K | $1.7M | $837K | — | View 990 |
| 2020 | $885K | $781K | $1.5M | $764K | — | View 990 |
| 2019 | $896K | $676K | $1.4M | $794K | — | View 990 |
| 2018 | $514K | $469K | $890K | $517K | — | View 990 |
| 2017 | $516K | $345K | $330K | $1K | — | View 990 |
| 2016 | $356K | $221K | $158K | $460 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.2M, and assets of $2.0M (revenue +35.6% year-over-year).
- 2022: Revenue of $1.0M, expenses of $961K, and assets of $1.8M (revenue +9.9% year-over-year).
- 2021: Revenue of $947K, expenses of $830K, and assets of $1.7M (revenue +7.0% year-over-year).
- 2020: Revenue of $885K, expenses of $781K, and assets of $1.5M (revenue -1.3% year-over-year).
- 2019: Revenue of $896K, expenses of $676K, and assets of $1.4M (revenue +74.3% year-over-year).
- 2018: Revenue of $514K, expenses of $469K, and assets of $890K (revenue -0.3% year-over-year).
- 2017: Revenue of $516K, expenses of $345K, and assets of $330K (revenue +45.0% year-over-year).
- 2016: Revenue of $356K, expenses of $221K, and assets of $158K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lionheart Academy Of The Triad:
Data Sources and Methodology
This transparency report for Lionheart Academy Of The Triad 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.