Logos Academy
EIN: 463380138 · Herndon, VA · NTEE: B24
| Metric | Value |
|---|---|
| Total Revenue | $723K |
| Total Expenses | $629K |
| Net Assets | $347K |
Is Logos Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Logos Academy
Logos Academy (EIN: 463380138) is a nonprofit organization based in Herndon, VA, classified under NTEE code B24. The organization reported total revenue of $723K and total assets of $400K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Logos Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Logos Academy is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 41.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $650K |
| Total Expenses | $629K |
| Surplus / Deficit | +$22K |
| Total Assets | $347K |
| Net Assets | $347K |
| Operating Margin | 3.3% |
| Months of Reserves | 6.6 months |
Financial Health Grade: A
In 2023, Logos Academy reported a surplus of $22K with revenue exceeding expenses, holds 6.6 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Logos Academy's revenue has grown at a compound annual growth rate (CAGR) of 41.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.9% | -1.7% | +5.7% |
| 2022 | +4.4% | +36.9% | +35.2% |
| 2021 | +98.4% | +35.5% | +168.7% |
| 2020 | +14.5% | +9.1% | +532.0% |
| 2019 | +60.7% | +52.5% | -44.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Logos 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 Logos 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 $22K, with revenue exceeding expenses.
Frequently Asked Questions about Logos Academy
Is Logos Academy a legitimate charity?
Logos Academy (EIN: 463380138) is a registered tax-exempt nonprofit based in Virginia. It has 10 years of IRS 990 filings on record. Total revenue: $723K. No red flags identified. Financial health grade: A.
How does Logos Academy spend its money?
Logos Academy reported $723K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Logos Academy tax-deductible?
Logos Academy is registered as a tax-exempt nonprofit (EIN: 463380138). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Logos Academy located?
Logos Academy is headquartered in Herndon, Virginia and files with the IRS under EIN 463380138. It is classified under NTEE code B24.
How many years of IRS 990 filings does Logos Academy have?
Logos Academy has 10 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 $723K in total revenue.
Filing History
IRS 990 filing history for Logos Academy showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Logos Academy's revenue has grown by 2098.2%, moving from $30K to $650K. Total assets increased by 2347.3% over the same period, from $14K to $347K. Total functional expenses rose by 4467.5%, from $14K to $629K. In its most recent filing year (2023), Logos Academy reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $650K | $629K | $347K | $0 | — | — |
| 2022 | $722K | $640K | $328K | $3K | — | — |
| 2021 | $692K | $467K | $243K | $0 | — | View 990 |
| 2020 | $349K | $345K | $90K | $72K | — | View 990 |
| 2019 | $304K | $316K | $14K | $0 | — | View 990 |
| 2018 | $190K | $207K | $26K | $0 | — | View 990 |
| 2017 | $163K | $138K | $45K | $1K | — | View 990 |
| 2016 | $96K | $87K | $19K | $100 | — | View 990 |
| 2015 | $48K | $51K | $10K | $100 | — | View 990 |
| 2014 | $30K | $14K | $14K | $368 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $650K, expenses of $629K, and assets of $347K (revenue -9.9% year-over-year).
- 2022: Revenue of $722K, expenses of $640K, and assets of $328K (revenue +4.4% year-over-year).
- 2021: Revenue of $692K, expenses of $467K, and assets of $243K (revenue +98.4% year-over-year).
- 2020: Revenue of $349K, expenses of $345K, and assets of $90K (revenue +14.5% year-over-year).
- 2019: Revenue of $304K, expenses of $316K, and assets of $14K (revenue +60.7% year-over-year).
- 2018: Revenue of $190K, expenses of $207K, and assets of $26K (revenue +16.6% year-over-year).
- 2017: Revenue of $163K, expenses of $138K, and assets of $45K (revenue +70.0% year-over-year).
- 2016: Revenue of $96K, expenses of $87K, and assets of $19K (revenue +100.5% year-over-year).
- 2015: Revenue of $48K, expenses of $51K, and assets of $10K (revenue +61.2% year-over-year).
- 2014: Revenue of $30K, expenses of $14K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Logos Academy:
Data Sources and Methodology
This transparency report for Logos 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.