Nest Academy Rva
EIN: 850854972 · Manakin Sabot, VA · NTEE: P82
| Metric | Value |
|---|---|
| Total Revenue | $352K |
| Total Expenses | $186K |
| Net Assets | $255K |
Is Nest Academy Rva Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nest Academy Rva
Nest Academy Rva (EIN: 850854972) is a nonprofit organization based in Manakin Sabot, VA, classified under NTEE code P82. The organization reported total revenue of $352K and total assets of $332K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nest Academy Rva's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nest Academy Rva is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 100.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $245K |
| Total Expenses | $186K |
| Surplus / Deficit | +$59K |
| Total Assets | $263K |
| Total Liabilities | $8K |
| Net Assets | $255K |
| Operating Margin | 24.2% |
| Debt-to-Asset Ratio | 3.0% |
| Months of Reserves | 17.0 months |
Financial Health Grade: A
In 2023, Nest Academy Rva reported a surplus of $59K with revenue exceeding expenses, holds 17.0 months of operating reserves (strong position), has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Nest Academy Rva's revenue has grown at a compound annual growth rate (CAGR) of 100.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +93.4% | +86.7% | +34.3% |
| 2022 | -27.4% | +215.4% | +15.9% |
| 2021 | +476.5% | +545.0% | +564.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nest Academy Rva 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 Nest Academy Rva 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 surplus of $59K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.0%.
Frequently Asked Questions about Nest Academy Rva
Is Nest Academy Rva a legitimate charity?
Based on AI analysis of IRS 990 filings, Nest Academy Rva (EIN: 850854972) insufficient data. 0 red flags identified, 0 strengths noted.
How does Nest Academy Rva spend its money?
Detailed spending breakdown data is not yet available for Nest Academy Rva. Check back for updated IRS 990 analysis.
Are donations to Nest Academy Rva tax-deductible?
Nest Academy Rva is registered as a tax-exempt nonprofit (EIN: 850854972). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nest Academy Rva located?
Nest Academy Rva is headquartered in Manakin Sabot, Virginia and files with the IRS under EIN 850854972. It is classified under NTEE code P82.
How many years of IRS 990 filings does Nest Academy Rva have?
Nest Academy Rva has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $352K in total revenue.
Filing History
IRS 990 filing history for Nest Academy Rva showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Nest Academy Rva's revenue has grown by 709.4%, moving from $30K to $245K. Total assets increased by 934.8% over the same period, from $25K to $263K. Total functional expenses rose by 3698.5%, from $5K to $186K. In its most recent filing year (2023), Nest Academy Rva reported a surplus of $59K, with revenue exceeding expenses. The organization holds $8K in liabilities against $263K in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $255K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $245K | $186K | $263K | $8K | — | View 990 |
| 2022 | $127K | $99K | $195K | $0 | — | View 990 |
| 2021 | $174K | $32K | $169K | $285 | — | View 990 |
| 2020 | $30K | $5K | $25K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $245K, expenses of $186K, and assets of $263K (revenue +93.4% year-over-year).
- 2022: Revenue of $127K, expenses of $99K, and assets of $195K (revenue -27.4% year-over-year).
- 2021: Revenue of $174K, expenses of $32K, and assets of $169K (revenue +476.5% year-over-year).
- 2020: Revenue of $30K, expenses of $5K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nest Academy Rva:
Data Sources and Methodology
This transparency report for Nest Academy Rva 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.