Live Oak Academy
Live Oak Academy shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 200140345 · Santa Clara, CA · NTEE: B24 · Updated: 2026-03-28
About Live Oak Academy
Live Oak Academy (EIN: 200140345) is a nonprofit organization based in Santa Clara, CA, classified under NTEE code B24. The organization reported total revenue of $2.4M and total assets of $850K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Live Oak Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Live Oak Academy with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Live Oak Academy allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Live Oak Academy consistently reports 0% officer compensation across all available filings, indicating that no portion of its revenue is allocated to executive salaries. This suggests a strong dedication to maximizing funds for its mission, especially given its latest revenue of $2,403,327.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Live Oak Academy's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data to fully assess efficiency ratios.
Strengths
The following positive indicators were identified for Live Oak Academy:
- Consistent revenue growth, reaching $2,403,327 in the latest period.
- Significant positive trend in asset accumulation, now at $849,506.
- 0% reported officer compensation across all filings, indicating high dedication to mission.
- Strong filing history with 14 IRS 990 filings, demonstrating transparency.
- Expenses generally lower than revenue in recent years, indicating financial prudence (e.g., 202406: Revenue=$2,240,783, Expenses=$2,087,634).
Frequently Asked Questions about Live Oak Academy
Is Live Oak Academy financially stable?
Yes, Live Oak Academy appears financially stable. Its revenue has consistently grown, reaching $2,403,327 in the latest period, and its assets have increased significantly from negative values in earlier years to $849,506 currently.
How does Live Oak Academy manage executive compensation?
Live Oak Academy reports 0% officer compensation in all available filings, indicating that no executive salaries are paid from the organization's funds.
What is the trend in Live Oak Academy's assets?
Live Oak Academy's assets have shown a strong positive trend, recovering from negative figures in periods like 202006 ($-1,533,681) and 201706 ($-79,257) to reach $849,506 in the latest filing.
Does Live Oak Academy have a good track record of IRS filings?
Yes, Live Oak Academy has a robust filing history with 14 IRS 990 filings, demonstrating consistent compliance and transparency.
Filing History
IRS 990 filing history for Live Oak Academy showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Live Oak Academy's revenue has grown by 187.3%, moving from $780K to $2.2M. Total assets increased by 41927% over the same period, from $2K to $709K. Total functional expenses rose by 151.5%, from $830K to $2.1M. In its most recent filing year (2024), Live Oak Academy reported a surplus of $153K, with revenue exceeding expenses. The organization holds $130K in liabilities against $709K in assets (debt-to-asset ratio: 18.3%), resulting in net assets of $579K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $2.2M | $2.1M | $709K | $130K | — | View 990 |
| 2023 | $2.0M | $2.0M | $537K | $111K | — | — |
| 2022 | $2.0M | $1.8M | $464K | $108K | — | View 990 |
| 2021 | $1.9M | $1.8M | $272K | $129K | — | — |
| 2020 | $121K | $1.7M | $-1,533,681 | $245K | — | View 990 |
| 2019 | $1.7M | $1.7M | $128K | $295K | — | View 990 |
| 2018 | $1.6M | $1.6M | $312K | $479K | — | View 990 |
| 2017 | $1.5M | $1.4M | $-79,257 | $127K | — | View 990 |
| 2016 | $1.3M | $1.4M | $44K | $268K | — | View 990 |
| 2015 | $1.2M | $1.2M | $-36,940 | $130K | — | View 990 |
| 2014 | $1.0M | $1.1M | $-69,337 | $119K | — | View 990 |
| 2013 | $858K | $879K | $135K | $282K | — | View 990 |
| 2012 | $820K | $830K | $10K | $106K | — | View 990 |
| 2011 | $780K | $830K | $2K | $87K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.2M, expenses of $2.1M, and assets of $709K (revenue +10.0% year-over-year).
- 2023: Revenue of $2.0M, expenses of $2.0M, and assets of $537K (revenue +2.2% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.8M, and assets of $464K (revenue +5.9% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.8M, and assets of $272K (revenue +1455.0% year-over-year).
- 2020: Revenue of $121K, expenses of $1.7M, and assets of $-1,533,681 (revenue -93.0% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.7M, and assets of $128K (revenue +6.3% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $312K (revenue +11.0% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.4M, and assets of $-79,257 (revenue +8.7% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.4M, and assets of $44K (revenue +8.2% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $-36,940 (revenue +22.1% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.1M, and assets of $-69,337 (revenue +18.4% year-over-year).
- 2013: Revenue of $858K, expenses of $879K, and assets of $135K (revenue +4.7% year-over-year).
- 2012: Revenue of $820K, expenses of $830K, and assets of $10K (revenue +5.1% year-over-year).
- 2011: Revenue of $780K, expenses of $830K, and assets of $2K.
Data Sources and Methodology
This transparency report for Live Oak 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.