Marzano Academies Inc
EIN: 475634363 · Centennial, CO · NTEE: B02
| Metric | Value |
|---|---|
| Total Revenue | $824K |
| Total Expenses | $780K |
| Net Assets | $938K |
Is Marzano Academies Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marzano Academies Inc
Marzano Academies Inc (EIN: 475634363) is a nonprofit organization based in Centennial, CO, classified under NTEE code B02. The organization reported total revenue of $824K and total assets of $906K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marzano Academies Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marzano Academies Inc is a small nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2016–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $588K |
| Total Expenses | $780K |
| Surplus / Deficit | $-192,626 |
| Total Assets | $944K |
| Total Liabilities | $6K |
| Net Assets | $938K |
| Operating Margin | -32.8% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 14.5 months |
Financial Health Grade: B
In 2023, Marzano Academies Inc reported a deficit of $193K with expenses exceeding revenue, holds 14.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.8% | +23.2% | -18.0% |
| 2022 | -31.7% | +23.8% | -12.9% |
| 2021 | -0.6% | +3.6% | +18.9% |
| 2020 | -29.7% | -17.8% | +39.0% |
| 2019 | +115.6% | +49.4% | +128.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marzano Academies Inc 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 Marzano Academies Inc 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 deficit of $193K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Marzano Academies Inc
Is Marzano Academies Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Marzano Academies Inc (EIN: 475634363) insufficient data. 0 red flags identified, 0 strengths noted.
How does Marzano Academies Inc spend its money?
Detailed spending breakdown data is not yet available for Marzano Academies Inc. Check back for updated IRS 990 analysis.
Are donations to Marzano Academies Inc tax-deductible?
Marzano Academies Inc is registered as a tax-exempt nonprofit (EIN: 475634363). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marzano Academies Inc located?
Marzano Academies Inc is headquartered in Centennial, Colorado and files with the IRS under EIN 475634363. It is classified under NTEE code B02.
How many years of IRS 990 filings does Marzano Academies Inc have?
Marzano Academies Inc 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 $824K in total revenue.
Filing History
IRS 990 filing history for Marzano Academies Inc showing financial trends over 8 years of public records:
Total assets increased by 2783.2% over the same period, from $33K to $944K. Total functional expenses rose by 623%, from $108K to $780K. In its most recent filing year (2023), Marzano Academies Inc reported a deficit of $193K, with expenses exceeding revenue. The organization holds $6K in liabilities against $944K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $938K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $588K | $780K | $944K | $6K | — | View 990 |
| 2022 | $491K | $633K | $1.2M | $21K | — | View 990 |
| 2021 | $719K | $511K | $1.3M | $49K | — | — |
| 2020 | $723K | $494K | $1.1M | $46K | — | — |
| 2019 | $1.0M | $601K | $800K | $27K | — | View 990 |
| 2018 | $477K | $402K | $350K | $3K | — | View 990 |
| 2017 | $466K | $194K | $274K | $2K | — | View 990 |
| 2016 | $0 | $108K | $33K | $163K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $588K, expenses of $780K, and assets of $944K (revenue +19.8% year-over-year).
- 2022: Revenue of $491K, expenses of $633K, and assets of $1.2M (revenue -31.7% year-over-year).
- 2021: Revenue of $719K, expenses of $511K, and assets of $1.3M (revenue -0.6% year-over-year).
- 2020: Revenue of $723K, expenses of $494K, and assets of $1.1M (revenue -29.7% year-over-year).
- 2019: Revenue of $1.0M, expenses of $601K, and assets of $800K (revenue +115.6% year-over-year).
- 2018: Revenue of $477K, expenses of $402K, and assets of $350K (revenue +2.2% year-over-year).
- 2017: Revenue of $466K, expenses of $194K, and assets of $274K.
- 2016: Revenue of $0, expenses of $108K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marzano Academies Inc:
Data Sources and Methodology
This transparency report for Marzano Academies Inc 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.