Medical Academy Charter School
EIN: 453176345 · Catasauqua, PA
| Metric | Value |
|---|---|
| Total Expenses | $2.4M |
| Net Assets | $-2,054,359 |
Is Medical Academy Charter School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Medical Academy Charter School
Medical Academy Charter School (EIN: 453176345) is a nonprofit organization based in Catasauqua, PA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Medical Academy Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Medical Academy Charter School is a mid-size nonprofit, with 3 years of IRS 990 filings on record (2013–2015). Revenue has grown at a compound annual rate of 30.6%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-115,750 |
| Total Assets | $292K |
| Total Liabilities | $2.3M |
| Net Assets | $-2,054,359 |
| Operating Margin | -5.0% |
| Debt-to-Asset Ratio | 803.7% |
| Months of Reserves | 1.4 months |
Financial Health Grade: D
In 2015, Medical Academy Charter School reported a deficit of $116K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 803.7% (high leverage).
Financial Trends
Over 3 years of filings (2013–2015), Medical Academy Charter School's revenue has grown at a compound annual growth rate (CAGR) of 30.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +16.1% | +25.1% | -12.9% |
| 2014 | +47.0% | +26.4% | -16.1% |
AI Analysis Pending
AI enrichment for Medical Academy Charter School 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 Medical Academy Charter School 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $116K, with expenses exceeding revenue.
- Debt-to-asset ratio: 803.7%.
Frequently Asked Questions about Medical Academy Charter School
Is Medical Academy Charter School a legitimate charity?
Medical Academy Charter School (EIN: 453176345) is a registered tax-exempt nonprofit based in Pennsylvania. It has 3 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does Medical Academy Charter School spend its money?
Medical Academy Charter School reported its financials in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Medical Academy Charter School tax-deductible?
Medical Academy Charter School is registered as a tax-exempt nonprofit (EIN: 453176345). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Medical Academy Charter School located?
Medical Academy Charter School is headquartered in Catasauqua, Pennsylvania and files with the IRS under EIN 453176345.
How many years of IRS 990 filings does Medical Academy Charter School have?
Medical Academy Charter School has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Medical Academy Charter School showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2013–2015), Medical Academy Charter School's revenue has grown by 70.6%, moving from $1.4M to $2.3M. Total assets decreased by 26.9% over the same period, from $399K to $292K. Total functional expenses rose by 58.1%, from $1.5M to $2.4M. In its most recent filing year (2015), Medical Academy Charter School reported a deficit of $116K, with expenses exceeding revenue. The organization holds $2.3M in liabilities against $292K in assets (debt-to-asset ratio: 803.7%), resulting in net assets of $-2,054,359.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $2.3M | $2.4M | $292K | $2.3M | — | View 990 |
| 2014 | $2.0M | $1.9M | $335K | $465K | — | View 990 |
| 2013 | $1.4M | $1.5M | $399K | $580K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $2.3M, expenses of $2.4M, and assets of $292K (revenue +16.1% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.9M, and assets of $335K (revenue +47.0% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.5M, and assets of $399K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Medical Academy Charter School:
Data Sources and Methodology
This transparency report for Medical Academy Charter School 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.