Little Oaks Academy
EIN: 472155389 · Knoxville, TN · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Net Assets | $512K |
Is Little Oaks Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Little Oaks Academy
Little Oaks Academy (EIN: 472155389) is a nonprofit organization based in Knoxville, TN, classified under NTEE code P20. The organization reported total revenue of $1.4M and total assets of $857K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Little Oaks Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Little Oaks Academy is a mid-size nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 54.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$100K |
| Total Assets | $1.0M |
| Total Liabilities | $517K |
| Net Assets | $512K |
| Operating Margin | 7.2% |
| Debt-to-Asset Ratio | 50.2% |
| Months of Reserves | 9.7 months |
Financial Health Grade: A
In 2023, Little Oaks Academy reported a surplus of $100K with revenue exceeding expenses, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 50.2% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), Little Oaks Academy's revenue has grown at a compound annual growth rate (CAGR) of 54.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.8% | +17.0% | +7.2% |
| 2022 | -2.4% | +1.4% | +2.2% |
| 2021 | +30.7% | +24.4% | +20.7% |
| 2020 | +20.5% | +16.3% | +1035.7% |
| 2019 | +3.9% | +1.7% | +93.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Little Oaks 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 Little Oaks 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 surplus of $100K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.2%.
Frequently Asked Questions about Little Oaks Academy
Is Little Oaks Academy a legitimate charity?
Little Oaks Academy (EIN: 472155389) is a registered tax-exempt nonprofit based in Tennessee. It has 9 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. Financial health grade: A.
How does Little Oaks Academy spend its money?
Little Oaks Academy reported $1.4M in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Little Oaks Academy tax-deductible?
Little Oaks Academy is registered as a tax-exempt nonprofit (EIN: 472155389). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Little Oaks Academy located?
Little Oaks Academy is headquartered in Knoxville, Tennessee and files with the IRS under EIN 472155389. It is classified under NTEE code P20.
How many years of IRS 990 filings does Little Oaks Academy have?
Little Oaks Academy has 9 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Little Oaks Academy showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Little Oaks Academy's revenue has grown by 3116.3%, moving from $43K to $1.4M. Total assets increased by 4609.3% over the same period, from $22K to $1.0M. Total functional expenses rose by 5818.6%, from $22K to $1.3M. In its most recent filing year (2023), Little Oaks Academy reported a surplus of $100K, with revenue exceeding expenses. The organization holds $517K in liabilities against $1.0M in assets (debt-to-asset ratio: 50.2%), resulting in net assets of $512K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.3M | $1.0M | $517K | — | View 990 |
| 2022 | $1.2M | $1.1M | $959K | $547K | — | View 990 |
| 2021 | $1.2M | $1.1M | $938K | $702K | — | View 990 |
| 2020 | $948K | $864K | $778K | $704K | — | View 990 |
| 2019 | $786K | $743K | $68K | $79K | — | View 990 |
| 2018 | $757K | $731K | $35K | $89K | — | View 990 |
| 2017 | $772K | $810K | $19K | $106K | — | View 990 |
| 2016 | $707K | $764K | $37K | $87K | — | View 990 |
| 2015 | $43K | $22K | $22K | $634 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.3M, and assets of $1.0M (revenue +13.8% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.1M, and assets of $959K (revenue -2.4% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $938K (revenue +30.7% year-over-year).
- 2020: Revenue of $948K, expenses of $864K, and assets of $778K (revenue +20.5% year-over-year).
- 2019: Revenue of $786K, expenses of $743K, and assets of $68K (revenue +3.9% year-over-year).
- 2018: Revenue of $757K, expenses of $731K, and assets of $35K (revenue -2.0% year-over-year).
- 2017: Revenue of $772K, expenses of $810K, and assets of $19K (revenue +9.2% year-over-year).
- 2016: Revenue of $707K, expenses of $764K, and assets of $37K (revenue +1553.1% year-over-year).
- 2015: Revenue of $43K, expenses of $22K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Little Oaks Academy:
Data Sources and Methodology
This transparency report for Little Oaks 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.