Mount Healthy Preparatory And Fitness Academy
Mount Healthy Preparatory And Fitness Academy operates on razor-thin margins with minimal assets despite multi-million dollar revenues.
EIN: 202756456 · Mount Healthy, OH · NTEE: B20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $2.8M |
| Program Spending | 90% |
| Net Assets | $100 |
| Transparency Score | 70/100 |
Is Mount Healthy Preparatory And Fitness Academy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mount Healthy Preparatory And Fitness Academy directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mount Healthy Preparatory And Fitness Academy
Mount Healthy Preparatory And Fitness Academy (EIN: 202756456) is a nonprofit organization based in Mount Healthy, OH, classified under NTEE code B20. The organization reported total revenue of $3.4M and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Healthy Preparatory And Fitness Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mount Healthy Preparatory And Fitness Academy is a mid-size nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$0 |
| Total Assets | $262K |
| Total Liabilities | $262K |
| Net Assets | $100 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 1.1 months |
Financial Health Grade: C
In 2023, Mount Healthy Preparatory And Fitness Academy reported a surplus of $0 with revenue exceeding expenses, holds 1.1 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 8 years of filings (2015–2023), Mount Healthy Preparatory And Fitness Academy's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.1% | +7.1% | +224.6% |
| 2021 | +5.1% | +5.1% | -1.3% |
| 2020 | -11.0% | -11.0% | -9.4% |
| 2019 | +3.2% | +3.1% | +27.2% |
| 2018 | +3.0% | +3.0% | +31.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mount Healthy Preparatory And Fitness Academy with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Mount Healthy Preparatory And Fitness Academy allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officer salaries are drawn from the organization's multi-million dollar revenue, which is highly unusual for an organization of this size and suggests resources are fully directed to operations.
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 Mount Healthy Preparatory And Fitness Academy's IRS 990 filings:
- Extremely low net assets relative to multi-million dollar revenue, indicating no financial cushion.
- Consistent revenue-expense parity across multiple years, suggesting a lack of surplus generation for growth or reserves.
- Assets ($44,606) are disproportionately small compared to latest revenue ($3,441,912), indicating poor financial health.
- Lack of detailed expense breakdown in provided data makes granular spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Mount Healthy Preparatory And Fitness Academy:
- Consistent IRS 990 filing history (8 filings) demonstrates transparency in reporting.
- Reported 0% officer compensation across all filings, indicating resources are not diverted to executive salaries.
- High program spending implied by the near-perfect match of expenses to revenue, suggesting direct mission focus.
- Consistent multi-million dollar revenue stream over several years.
Frequently Asked Questions about Mount Healthy Preparatory And Fitness Academy
Is Mount Healthy Preparatory And Fitness Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Mount Healthy Preparatory And Fitness Academy (EIN: 202756456) some concerns. Mission Score: 70/100. 4 red flags identified, 4 strengths noted.
How does Mount Healthy Preparatory And Fitness Academy spend its money?
Mount Healthy Preparatory And Fitness Academy directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mount Healthy Preparatory And Fitness Academy tax-deductible?
Mount Healthy Preparatory And Fitness Academy is registered as a tax-exempt nonprofit (EIN: 202756456). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mount Healthy Preparatory And Fitness Academy's spending goes to programs?
Mount Healthy Preparatory And Fitness Academy directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mount Healthy Preparatory And Fitness Academy compare to similar nonprofits?
With a transparency score of 70/100 (Good), Mount Healthy Preparatory And Fitness Academy 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 Mount Healthy Preparatory And Fitness Academy located?
Mount Healthy Preparatory And Fitness Academy is headquartered in Mount Healthy, Ohio and files with the IRS under EIN 202756456. It is classified under NTEE code B20.
How many years of IRS 990 filings does Mount Healthy Preparatory And Fitness Academy have?
Mount Healthy Preparatory And Fitness Academy 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 $3.4M in total revenue.
How does Mount Healthy Preparatory And Fitness Academy manage to operate with virtually no net assets year after year?
The filings consistently show expenses almost perfectly matching revenue (e.g., $2,771,320 revenue vs. $2,771,320 expenses in 202306), indicating a 'spend-what-you-get' model with minimal surplus generation.
What is the long-term financial sustainability of an organization with such low assets relative to its revenue?
With only $44,606 in assets against $3.4 million in latest revenue, the organization has very limited financial reserves, making it highly vulnerable to any disruptions in funding or unexpected expenses.
Is the 0% officer compensation sustainable or indicative of other arrangements?
While 0% officer compensation is positive for direct program spending, for an organization managing multi-million dollar operations, it raises questions about how leadership is compensated or if services are provided pro bono, which might not be sustainable long-term.
What are the primary expense categories given the consistent revenue-expense parity?
Without a detailed breakdown of expenses beyond the total, it's difficult to pinpoint specific categories, but the parity suggests nearly all incoming funds are immediately expended on operational costs, likely including program delivery, administrative overhead, and potentially fundraising.
Filing History
IRS 990 filing history for Mount Healthy Preparatory And Fitness Academy showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2015–2023), Mount Healthy Preparatory And Fitness Academy's revenue has grown by 18.9%, moving from $2.3M to $2.8M. Total assets increased by 3627.5% over the same period, from $7K to $262K. Total functional expenses rose by 18.9%, from $2.3M to $2.8M. In its most recent filing year (2023), Mount Healthy Preparatory And Fitness Academy reported a surplus of $0, with revenue exceeding expenses. The organization holds $262K in liabilities against $262K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $100.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.8M | $262K | $262K | — | — |
| 2021 | $2.6M | $2.6M | $81K | $81K | — | — |
| 2020 | $2.5M | $2.5M | $82K | $82K | — | View 990 |
| 2019 | $2.8M | $2.8M | $90K | $90K | — | View 990 |
| 2018 | $2.7M | $2.7M | $71K | $71K | — | View 990 |
| 2017 | $2.6M | $2.6M | $54K | $54K | — | View 990 |
| 2016 | $2.6M | $2.6M | $73K | $73K | — | View 990 |
| 2015 | $2.3M | $2.3M | $7K | $7K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $2.8M, and assets of $262K (revenue +7.1% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.6M, and assets of $81K (revenue +5.1% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.5M, and assets of $82K (revenue -11.0% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.8M, and assets of $90K (revenue +3.2% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.7M, and assets of $71K (revenue +3.0% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.6M, and assets of $54K (revenue -1.7% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.6M, and assets of $73K (revenue +13.6% year-over-year).
- 2015: Revenue of $2.3M, expenses of $2.3M, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mount Healthy Preparatory And Fitness Academy:
Data Sources and Methodology
This transparency report for Mount Healthy Preparatory And Fitness 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.