North American University
North American University shows fluctuating financial health with recent deficit despite overall revenue growth.
EIN: 208825983 · Stafford, TX · NTEE: B300 · Updated: 2026-03-28
Is North American University Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North American University directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North American University
North American University (EIN: 208825983) is a nonprofit organization based in Stafford, TX, classified under NTEE code B300. The organization reported total revenue of $20.4M and total assets of $14.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North American University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates North American University with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, North American University allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received reportable compensation, which is highly unusual for an organization of this size and suggests potential for further inquiry into how leadership is compensated or if key roles are volunteer-based.
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 North American University's IRS 990 filings:
- Recent operating deficit in 2023 ($12,090,901 revenue vs. $14,655,492 expenses).
- Consistent 0% officer compensation, which is unusual for an organization of this size and could mask compensation methods or indicate reliance on unpaid leadership.
- Fluctuating asset base, from a high of $22,241,911 in 2015 to $12,902,105 in 2023, indicating potential instability in financial reserves.
Strengths
The following positive indicators were identified for North American University:
- Consistent IRS 990 filing history over 13 periods, demonstrating transparency in reporting.
- Significant growth in 'Latest Revenue' to $20,448,507, indicating strong fundraising or program income generation.
- Reduction in liabilities from a high of $14,198,345 in 2015 to $2,661,316 in 2023, showing improved debt management.
Frequently Asked Questions about North American University
Is North American University a legitimate charity?
Based on AI analysis of IRS 990 filings, North American University (EIN: 208825983) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does North American University spend its money?
North American University directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North American University tax-deductible?
North American University is registered as a tax-exempt nonprofit (EIN: 208825983). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is North American University financially stable given the recent deficit?
While the organization experienced a deficit of over $2.5 million in 2023 (Expenses $14,655,492 vs. Revenue $12,090,901), its assets of $12,902,105 in the same period suggest it has reserves to absorb such fluctuations. However, sustained deficits would be a concern.
How does North American University manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this scale. This could indicate that leadership roles are entirely volunteer-based, compensated through other means not reported as officer compensation, or that the organization has a unique operational structure. Further investigation into their governance and compensation practices would be beneficial.
What caused the significant increase in revenue to $20,448,507 in the latest period, compared to $12,090,901 in 2023?
The provided 'Latest Revenue' figure of $20,448,507 is significantly higher than the revenue reported in the 2023 filing ($12,090,901). This suggests a substantial increase in funding or a different reporting period for the 'Latest Revenue' figure, which warrants clarification to understand the source and sustainability of this growth.
Filing History
IRS 990 filing history for North American University showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North American University's revenue has grown by 225.6%, moving from $3.7M to $12.1M. Total assets increased by 17.8% over the same period, from $11.0M to $12.9M. Total functional expenses rose by 704.8%, from $1.8M to $14.7M. In its most recent filing year (2023), North American University reported a deficit of $2.6M, with expenses exceeding revenue. The organization holds $2.7M in liabilities against $12.9M in assets (debt-to-asset ratio: 20.6%), resulting in net assets of $10.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $12.1M | $14.7M | $12.9M | $2.7M | — | — |
| 2022 | $11.6M | $10.4M | $17.9M | $5.1M | — | View 990 |
| 2021 | $12.3M | $12.1M | $17.2M | $5.6M | — | View 990 |
| 2020 | $13.2M | $11.3M | $14.2M | $2.9M | — | View 990 |
| 2019 | $10.5M | $9.5M | $11.3M | $1.8M | — | View 990 |
| 2018 | $5.8M | $9.0M | $13.1M | $4.8M | — | View 990 |
| 2017 | $8.7M | $8.6M | $13.2M | $4.9M | — | View 990 |
| 2016 | $10.4M | $10.3M | $13.1M | $4.9M | — | View 990 |
| 2015 | $9.6M | $9.4M | $22.2M | $14.2M | — | View 990 |
| 2014 | $9.9M | $8.8M | $19.5M | $11.6M | — | View 990 |
| 2013 | $10.5M | $7.9M | $15.7M | $8.9M | — | View 990 |
| 2012 | $7.0M | $6.5M | $11.0M | $6.8M | — | View 990 |
| 2011 | $3.7M | $1.8M | $11.0M | $7.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.1M, expenses of $14.7M, and assets of $12.9M (revenue +4.1% year-over-year).
- 2022: Revenue of $11.6M, expenses of $10.4M, and assets of $17.9M (revenue -5.4% year-over-year).
- 2021: Revenue of $12.3M, expenses of $12.1M, and assets of $17.2M (revenue -6.7% year-over-year).
- 2020: Revenue of $13.2M, expenses of $11.3M, and assets of $14.2M (revenue +25.4% year-over-year).
- 2019: Revenue of $10.5M, expenses of $9.5M, and assets of $11.3M (revenue +80.5% year-over-year).
- 2018: Revenue of $5.8M, expenses of $9.0M, and assets of $13.1M (revenue -33.4% year-over-year).
- 2017: Revenue of $8.7M, expenses of $8.6M, and assets of $13.2M (revenue -15.7% year-over-year).
- 2016: Revenue of $10.4M, expenses of $10.3M, and assets of $13.1M (revenue +8.4% year-over-year).
- 2015: Revenue of $9.6M, expenses of $9.4M, and assets of $22.2M (revenue -3.6% year-over-year).
- 2014: Revenue of $9.9M, expenses of $8.8M, and assets of $19.5M (revenue -5.3% year-over-year).
- 2013: Revenue of $10.5M, expenses of $7.9M, and assets of $15.7M (revenue +49.6% year-over-year).
- 2012: Revenue of $7.0M, expenses of $6.5M, and assets of $11.0M (revenue +88.5% year-over-year).
- 2011: Revenue of $3.7M, expenses of $1.8M, and assets of $11.0M.
Data Sources and Methodology
This transparency report for North American University 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.