Minneapolis Academy Charter School 4115
EIN: 50575923 · Minneapolis, MN
| Metric | Value |
|---|---|
| Total Expenses | $2.0M |
| Net Assets | $-594,061 |
Is Minneapolis Academy Charter School 4115 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minneapolis Academy Charter School 4115
Minneapolis Academy Charter School 4115 (EIN: 50575923) is a nonprofit organization based in Minneapolis, MN. 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 Minneapolis Academy Charter School 4115's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minneapolis Academy Charter School 4115 is a mid-size nonprofit, with 4 years of IRS 990 filings on record (2012–2015). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-144,930 |
| Total Assets | $520K |
| Total Liabilities | $1.1M |
| Net Assets | $-594,061 |
| Operating Margin | -7.7% |
| Debt-to-Asset Ratio | 214.3% |
| Months of Reserves | 3.1 months |
Financial Health Grade: C
In 2015, Minneapolis Academy Charter School 4115 reported a deficit of $145K with expenses exceeding revenue, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 214.3% (high leverage).
Financial Trends
Over 4 years of filings (2012–2015), Minneapolis Academy Charter School 4115's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +6.4% | -8.6% | -24.0% |
| 2014 | -22.6% | +4.4% | -38.7% |
| 2013 | +3.5% | +10.2% | +17.5% |
AI Analysis Pending
AI enrichment for Minneapolis Academy Charter School 4115 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 Minneapolis Academy Charter School 4115 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 $145K, with expenses exceeding revenue.
- Debt-to-asset ratio: 214.3%.
Frequently Asked Questions about Minneapolis Academy Charter School 4115
Is Minneapolis Academy Charter School 4115 a legitimate charity?
Minneapolis Academy Charter School 4115 (EIN: 50575923) is a registered tax-exempt nonprofit based in Minnesota. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Minneapolis Academy Charter School 4115 spend its money?
Minneapolis Academy Charter School 4115 reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Minneapolis Academy Charter School 4115 tax-deductible?
Minneapolis Academy Charter School 4115 is registered as a tax-exempt nonprofit (EIN: 50575923). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minneapolis Academy Charter School 4115 located?
Minneapolis Academy Charter School 4115 is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 50575923.
How many years of IRS 990 filings does Minneapolis Academy Charter School 4115 have?
Minneapolis Academy Charter School 4115 has 4 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 Minneapolis Academy Charter School 4115 showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2012–2015), Minneapolis Academy Charter School 4115's revenue has declined by 14.8%, moving from $2.2M to $1.9M. Total assets decreased by 45.2% over the same period, from $949K to $520K. Total functional expenses rose by 5.1%, from $1.9M to $2.0M. In its most recent filing year (2015), Minneapolis Academy Charter School 4115 reported a deficit of $145K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $520K in assets (debt-to-asset ratio: 214.3%), resulting in net assets of $-594,061.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $1.9M | $2.0M | $520K | $1.1M | — | View 990 |
| 2014 | $1.8M | $2.2M | $684K | $135K | — | View 990 |
| 2013 | $2.3M | $2.1M | $1.1M | $116K | — | View 990 |
| 2012 | $2.2M | $1.9M | $949K | $112K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $1.9M, expenses of $2.0M, and assets of $520K (revenue +6.4% year-over-year).
- 2014: Revenue of $1.8M, expenses of $2.2M, and assets of $684K (revenue -22.6% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.1M, and assets of $1.1M (revenue +3.5% year-over-year).
- 2012: Revenue of $2.2M, expenses of $1.9M, and assets of $949K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minneapolis Academy Charter School 4115:
Data Sources and Methodology
This transparency report for Minneapolis Academy Charter School 4115 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.