Logos Preparatory Academy

Logos Preparatory Academy shows consistent revenue growth and operates with a surplus, reporting 0% officer compensation.

EIN: 200864550 · Sugar Land, TX · NTEE: B28 · Updated: 2026-03-28

$5.5MRevenue

$8.4MAssets

85/100Mission Score (Excellent)

B28

About Logos Preparatory Academy

Logos Preparatory Academy (EIN: 200864550) is a nonprofit organization based in Sugar Land, TX, classified under NTEE code B28. The organization reported total revenue of $5.5M and total assets of $8.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Logos Preparatory Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Logos Preparatory Academy demonstrates a generally healthy financial position with consistent revenue growth over the past several years, increasing from $2,811,587 in 2014 to $5,868,416 in 2024. The organization consistently operates with a surplus, as evidenced by its 2024 revenue of $5,868,416 significantly exceeding expenses of $3,680,597. This surplus contributes to a steady increase in assets, reaching $6,883,861 in 2024, indicating sound financial management and capacity building.

The organization's spending efficiency appears strong, with expenses consistently lower than revenue. A notable aspect of its financial structure is the reported 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation on the 990, which enhances its perceived efficiency. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), a precise assessment of spending efficiency is limited. The organization's transparency is good in terms of consistent filing, but the lack of detailed functional expense data in the provided summary limits a deeper analysis of how funds are allocated across its mission, administration, and fundraising efforts.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Logos Preparatory Academy with a Mission Score of 85 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, Logos Preparatory 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

Logos Preparatory Academy consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenue exceeding $5 million. This suggests that key leadership may be volunteer-based or compensated through non-officer roles, which could be a significant efficiency strength or an area requiring further clarification for full transparency.

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 Logos Preparatory Academy's IRS 990 filings:

Lack of detailed functional expense breakdown in provided data, limiting precise spending efficiency analysis.
Unusually consistent 0% officer compensation for an organization of this scale, which may obscure compensation practices if not volunteer-based.

Strengths

The following positive indicators were identified for Logos Preparatory Academy:

Consistent revenue growth, increasing from $2.8M in 2014 to $5.8M in 2024, indicating strong financial health.
Consistent operating surplus, with revenue significantly exceeding expenses (e.g., $5.8M revenue vs. $3.6M expenses in 2024).
Steady increase in assets over time, reaching $6.8M in 2024, demonstrating financial stability and capacity.
Low liabilities in recent years ($147,877 in 2024), indicating a healthy balance sheet.
Consistent IRS 990 filing history, demonstrating good transparency practices.

Frequently Asked Questions about Logos Preparatory Academy

How does Logos Preparatory Academy manage to report 0% officer compensation given its size and revenue?

The consistent reporting of 0% officer compensation across all filings suggests that executive leadership may be volunteer-based or compensated through other means not classified as officer compensation on the IRS Form 990. This practice, while potentially efficient, warrants further inquiry for complete understanding.

What is the detailed breakdown of program, administrative, and fundraising expenses?

The provided data does not include a detailed functional expense breakdown. To fully assess spending efficiency, it would be necessary to review the organization's Form 990, Part IX, Statement of Functional Expenses.

What caused the significant increase in liabilities in 2021 and 2022, and their subsequent decrease?

Liabilities jumped from $3,174,871 in 2021 to $3,860,517 in 2022, then significantly decreased to $156,813 in 2023 and $147,877 in 2024. This fluctuation suggests a major financial event, such as a large loan or capital project, that was subsequently paid down or refinanced. Further investigation into the nature of these liabilities would be beneficial.

Filing History

IRS 990 filing history for Logos Preparatory Academy showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2024), Logos Preparatory Academy's revenue has grown by 233.5%, moving from $1.8M to $5.9M. Total assets increased by 1491.6% over the same period, from $433K to $6.9M. Total functional expenses rose by 128.6%, from $1.6M to $3.7M. In its most recent filing year (2024), Logos Preparatory Academy reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $148K in liabilities against $6.9M in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $6.7M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$5.9M	$3.7M	$6.9M	$148K	—	View 990
2023	$4.3M	$3.5M	$4.7M	$157K	—	View 990
2022	$3.9M	$3.1M	$7.6M	$3.9M	—	View 990
2021	$3.5M	$3.0M	$6.1M	$3.2M	—	View 990
2020	$3.2M	$2.8M	$5.8M	$3.3M	—	View 990
2019	$3.3M	$2.8M	$4.9M	$2.8M	—	View 990
2018	$3.5M	$2.9M	$4.4M	$2.8M	—	View 990
2016	$3.3M	$3.7M	$748K	$257K	—	View 990
2015	$3.2M	$3.2M	$1.1M	$201K	—	View 990
2014	$2.8M	$2.4M	$1.1M	$249K	—	View 990
2013	$2.0M	$1.8M	$652K	$193K	—	View 990
2012	$1.8M	$1.6M	$433K	$155K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $5.9M, expenses of $3.7M, and assets of $6.9M (revenue +36.5% year-over-year).
2023: Revenue of $4.3M, expenses of $3.5M, and assets of $4.7M (revenue +9.2% year-over-year).
2022: Revenue of $3.9M, expenses of $3.1M, and assets of $7.6M (revenue +13.6% year-over-year).
2021: Revenue of $3.5M, expenses of $3.0M, and assets of $6.1M (revenue +9.1% year-over-year).
2020: Revenue of $3.2M, expenses of $2.8M, and assets of $5.8M (revenue -3.3% year-over-year).
2019: Revenue of $3.3M, expenses of $2.8M, and assets of $4.9M (revenue -5.0% year-over-year).
2018: Revenue of $3.5M, expenses of $2.9M, and assets of $4.4M (revenue +5.2% year-over-year).
2016: Revenue of $3.3M, expenses of $3.7M, and assets of $748K (revenue +1.9% year-over-year).
2015: Revenue of $3.2M, expenses of $3.2M, and assets of $1.1M (revenue +14.8% year-over-year).
2014: Revenue of $2.8M, expenses of $2.4M, and assets of $1.1M (revenue +42.7% year-over-year).
2013: Revenue of $2.0M, expenses of $1.8M, and assets of $652K (revenue +12.0% year-over-year).
2012: Revenue of $1.8M, expenses of $1.6M, and assets of $433K.

Data Sources and Methodology

This transparency report for Logos Preparatory 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.