Middle Creek Academy Inc

Middle Creek Academy Inc shows consistent revenue and asset growth with zero reported officer compensation, but recent liabilities have surged.

EIN: 203717259 · Bozeman, MT · NTEE: B20 · Updated: 2026-03-28

$1.8MRevenue
$1.8MGross Revenue
$4.3MAssets
92/100Mission Score (Excellent)
B20
Middle Creek Academy Inc Financial Summary
MetricValue
Total Revenue$1.8M
Total Expenses$1.8M
Program Spending90%
CEO/Top Officer Pay$1.8
Net Assets$2.8M
Transparency Score92/100

Is Middle Creek Academy Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Middle Creek Academy Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Middle Creek Academy Inc

Middle Creek Academy Inc (EIN: 203717259) is a nonprofit organization based in Bozeman, MT, classified under NTEE code B20. The organization reported total revenue of $1.8M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Middle Creek Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
Mid-SizeSize Classification
14Years of Filings
MixedRevenue Trajectory

Middle Creek Academy Inc is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.9%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$1.9M
Total Expenses$1.8M
Surplus / Deficit+$31K
Total Assets$4.4M
Total Liabilities$1.6M
Net Assets$2.8M
Operating Margin1.7%
Debt-to-Asset Ratio37.2%
Months of Reserves29.0 months

Financial Health Grade: A

In 2024, Middle Creek Academy Inc reported a surplus of $31K with revenue exceeding expenses, holds 29.0 months of operating reserves (strong position), has a debt-to-asset ratio of 37.2% (moderate leverage).

Financial Trends

Over 14 years of filings (2011–2024), Middle Creek Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.

YearRevenue ChangeExpense ChangeAsset Change
2024+7.3%+15.5%+55.6%
2023+26.3%+9.5%+5.9%
2022-10.2%-1.6%-9.9%
2021+40.5%+10.7%+2.3%
2020+54.7%+80.6%-7.9%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Middle Creek Academy Inc demonstrates generally sound financial health with consistent revenue generation and asset growth over the past several years. In the latest filing (Period 202405), the organization reported revenues of $1,858,773 against expenses of $1,827,765, indicating a slight surplus. The organization's assets have grown significantly, from $2,837,299 in 202305 to $4,414,678 in 202405, while liabilities also increased from $94,780 to $1,641,151 in the same period, which warrants closer examination. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and public trust. Spending efficiency appears strong, particularly given the zero reported officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the overall financial picture suggests that the majority of funds are likely directed towards its NTEE code B20 mission (Education). The organization has managed to maintain a positive net income in most recent years, indicating effective financial management and sustainability. Transparency is a notable strength, primarily due to the consistent disclosure of zero officer compensation. This practice is highly commendable and signals a donor-centric approach. The regular filing of IRS Form 990s over 14 periods further reinforces its commitment to public accountability. However, the recent significant increase in liabilities from $94,780 to $1,641,151 between 202305 and 202405 should be investigated to understand its nature and potential impact on future financial stability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Middle Creek Academy Inc with a Mission Score of 92 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: 7%
  • programs: 90%
  • fundraising: 3%

According to IRS 990 filings, Middle Creek Academy Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$1.9MTotal Revenue
$1.8MTotal Expenses
$4.4MTotal Assets
$1.6MTotal Liabilities
$2.8MNet Assets
  • The organization reported a surplus of $31K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 37.2%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization with revenues exceeding $1.8 million and suggests a strong volunteer leadership model or alternative compensation structures not captured as officer compensation.

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 Middle Creek Academy Inc's IRS 990 filings:

  • Significant increase in liabilities from $94,780 to $1,641,151 in the latest fiscal year (202405), which warrants further investigation.
  • Unusually low (0%) reported officer compensation for an organization of this size, which could indicate alternative compensation structures or a high reliance on volunteers that might not be sustainable long-term.

Strengths

The following positive indicators were identified for Middle Creek Academy Inc:

  • Consistent revenue generation and asset growth, indicating financial stability and expansion.
  • Zero reported officer compensation across all filings, demonstrating a strong commitment to directing funds towards the mission.
  • Positive net income in most recent years (e.g., $31,008 in 202405 and $149,033 in 202305), showing effective financial management.
  • Long history of IRS 990 filings (14 filings), indicating strong transparency and accountability.
  • Strong asset base of $4,414,678 in 202405, providing a solid foundation for operations.

Frequently Asked Questions about Middle Creek Academy Inc

Is Middle Creek Academy Inc a legitimate charity?

Middle Creek Academy Inc (EIN: 203717259) is a registered tax-exempt nonprofit based in Montana. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.8M. 2 red flags identified. 5 strengths noted. Financial health grade: A.

How does Middle Creek Academy Inc spend its money?

Middle Creek Academy Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to Middle Creek Academy Inc tax-deductible?

Middle Creek Academy Inc is registered as a tax-exempt nonprofit (EIN: 203717259). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Middle Creek Academy Inc CEO make?

Middle Creek Academy Inc's highest-compensated officer earns $1.8 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Middle Creek Academy Inc's spending goes to programs?

Middle Creek Academy Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Middle Creek Academy Inc compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Middle Creek Academy Inc is above average for NTEE category B20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Middle Creek Academy Inc located?

Middle Creek Academy Inc is headquartered in Bozeman, Montana and files with the IRS under EIN 203717259. It is classified under NTEE code B20.

How many years of IRS 990 filings does Middle Creek Academy Inc have?

Middle Creek Academy Inc has 14 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 $1.8M in total revenue.

What caused the significant increase in liabilities from $94,780 to $1,641,151 between 202305 and 202405?

The provided data does not specify the nature of this increase. It could be due to new debt, deferred revenue, or other obligations, and would require reviewing the full IRS Form 990 for Period 202405 to understand.

How does Middle Creek Academy Inc sustain its operations without officer compensation?

The consistent reporting of 0% officer compensation suggests that key leadership roles may be filled by volunteers, or compensation is structured in a way that is not classified as 'officer compensation' on the 990, such as through a related management entity or as independent contractors, which would require further investigation of the full filing.

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

The summary data provided does not offer a detailed breakdown. To understand the exact allocation, one would need to consult the full IRS Form 990, Part IX, Statement of Functional Expenses.

Filing History

IRS 990 filing history for Middle Creek Academy Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Middle Creek Academy Inc's revenue has grown by 85.2%, moving from $1.0M to $1.9M. Total assets increased by 60.5% over the same period, from $2.8M to $4.4M. Total functional expenses rose by 80.7%, from $1.0M to $1.8M. In its most recent filing year (2024), Middle Creek Academy Inc reported a surplus of $31K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $4.4M in assets (debt-to-asset ratio: 37.2%), resulting in net assets of $2.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $1.9M $1.8M $4.4M $1.6M View 990
2023 $1.7M $1.6M $2.8M $95K View 990
2022 $1.4M $1.4M $2.7M $86K View 990
2021 $1.5M $1.5M $3.0M $86K View 990
2020 $1.1M $1.3M $2.9M $78K View 990
2019 $703K $735K $3.2M $89K View 990
2018 $3.1M $1.4M $4.2M $1.1M View 990
2017 $1.2M $1.2M $2.6M $1.2M View 990
2016 $1.2M $1.2M $2.6M $1.3M View 990
2015 $1.1M $1.0M $2.7M $1.3M View 990
2014 $1.2M $1.0M $2.8M $1.5M View 990
2013 $1.6M $996K $3.0M $1.9M View 990
2012 $985K $1.0M $2.7M $2.2M View 990
2011 $1.0M $1.0M $2.8M $2.2M View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $1.9M, expenses of $1.8M, and assets of $4.4M (revenue +7.3% year-over-year).
  • 2023: Revenue of $1.7M, expenses of $1.6M, and assets of $2.8M (revenue +26.3% year-over-year).
  • 2022: Revenue of $1.4M, expenses of $1.4M, and assets of $2.7M (revenue -10.2% year-over-year).
  • 2021: Revenue of $1.5M, expenses of $1.5M, and assets of $3.0M (revenue +40.5% year-over-year).
  • 2020: Revenue of $1.1M, expenses of $1.3M, and assets of $2.9M (revenue +54.7% year-over-year).
  • 2019: Revenue of $703K, expenses of $735K, and assets of $3.2M (revenue -77.4% year-over-year).
  • 2018: Revenue of $3.1M, expenses of $1.4M, and assets of $4.2M (revenue +154.9% year-over-year).
  • 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $2.6M (revenue +4.5% year-over-year).
  • 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $2.6M (revenue +7.0% year-over-year).
  • 2015: Revenue of $1.1M, expenses of $1.0M, and assets of $2.7M (revenue -10.3% year-over-year).
  • 2014: Revenue of $1.2M, expenses of $1.0M, and assets of $2.8M (revenue -24.5% year-over-year).
  • 2013: Revenue of $1.6M, expenses of $996K, and assets of $3.0M (revenue +63.3% year-over-year).
  • 2012: Revenue of $985K, expenses of $1.0M, and assets of $2.7M (revenue -1.9% year-over-year).
  • 2011: Revenue of $1.0M, expenses of $1.0M, and assets of $2.8M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Middle Creek Academy Inc:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Middle Creek Academy 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.

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