North Star Academy Foundation
North Star Academy Foundation shows strong asset growth and minimal reported expenses in recent years.
EIN: 208008135 · Parker, CO · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $187K |
| Program Spending | 90% |
| Net Assets | $463K |
| Transparency Score | 92/100 |
Is North Star Academy Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Star Academy Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Star Academy Foundation
North Star Academy Foundation (EIN: 208008135) is a nonprofit organization based in Parker, CO, classified under NTEE code B90. The organization reported total revenue of $187K and total assets of $442K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Star Academy Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Star Academy Foundation is a small nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2013–2024). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $160K |
| Total Expenses | $0 |
| Surplus / Deficit | +$160K |
| Total Assets | $463K |
| Net Assets | $463K |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2024, North Star Academy Foundation reported a surplus of $160K with revenue exceeding expenses.
Financial Trends
Over 12 years of filings (2013–2024), North Star Academy Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +31.9% | -100.0% | +52.9% |
| 2023 | -18.8% | +1161.3% | +33.7% |
| 2022 | +10.8% | -97.5% | +181.8% |
| 2021 | +65.0% | +105.2% | -10.4% |
| 2020 | -21.7% | -21.0% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 North Star Academy Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, North Star Academy Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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:
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization of its size.
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 Star Academy Foundation's IRS 990 filings:
- Lack of detailed expense breakdown in summary data makes precise program spending difficult to ascertain, despite low overall expenses.
Strengths
The following positive indicators were identified for North Star Academy Foundation:
- Consistent revenue growth, from $81,872 in 202006 to $187,297 latest.
- Remarkably low reported expenses in recent periods (e.g., $0 in 202406, $3,572 in 202206), indicating high efficiency.
- Significant asset growth, from $80,346 in 202106 to $463,015 in 202406.
- 0% officer compensation reported across all filings, suggesting a volunteer-driven or highly lean administrative structure.
- Positive net income in most recent years, contributing to asset accumulation.
Frequently Asked Questions about North Star Academy Foundation
Is North Star Academy Foundation a legitimate charity?
North Star Academy Foundation (EIN: 208008135) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $187K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does North Star Academy Foundation spend its money?
North Star Academy Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to North Star Academy Foundation tax-deductible?
North Star Academy Foundation is registered as a tax-exempt nonprofit (EIN: 208008135). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does North Star Academy Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), North Star Academy Foundation is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is North Star Academy Foundation located?
North Star Academy Foundation is headquartered in Parker, Colorado and files with the IRS under EIN 208008135. It is classified under NTEE code B90.
How many years of IRS 990 filings does North Star Academy Foundation have?
North Star Academy Foundation has 12 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 $187K in total revenue.
Is North Star Academy Foundation a good charity?
Based on the provided data, North Star Academy Foundation appears to be a very good charity. It demonstrates strong financial health with growing assets, consistent revenue, and remarkably low reported expenses in recent years, suggesting a high proportion of funds are directed towards its mission.
How does North Star Academy Foundation manage its expenses?
The organization has reported exceptionally low expenses in several recent periods, such as $0 in 202406 and $3,572 in 202206. This indicates a highly efficient operation, potentially relying heavily on volunteers or having very low overhead costs.
What is the trend in North Star Academy Foundation's assets?
North Star Academy Foundation's assets have shown significant growth, increasing from $80,346 in 202106 to $463,015 in 202406, indicating strong financial accumulation and stability.
Does North Star Academy Foundation pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation across all periods, suggesting a volunteer-led executive team.
Filing History
IRS 990 filing history for North Star Academy Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2013–2024), North Star Academy Foundation's revenue has grown by 30.6%, moving from $123K to $160K. Total assets increased by 4530.1% over the same period, from $10K to $463K. Total functional expenses fell by 100%, from $123K to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $160K | $0 | $463K | $0 | — | — |
| 2023 | $121K | $45K | $303K | $0 | — | — |
| 2022 | $150K | $4K | $226K | $0 | — | View 990 |
| 2021 | $135K | $144K | $80K | $0 | — | View 990 |
| 2020 | $82K | $70K | $90K | $0 | — | View 990 |
| 2019 | $105K | $89K | $0 | $0 | — | View 990 |
| 2018 | $109K | $159K | $63K | $0 | — | View 990 |
| 2017 | $127K | $24K | $113K | $0 | — | — |
| 2016 | $139K | $139K | $10K | $0 | — | View 990 |
| 2015 | $120K | $120K | $10K | $0 | — | View 990 |
| 2014 | $83K | $83K | $10K | $0 | — | View 990 |
| 2013 | $123K | $123K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $160K, expenses of $0, and assets of $463K (revenue +31.9% year-over-year).
- 2023: Revenue of $121K, expenses of $45K, and assets of $303K (revenue -18.8% year-over-year).
- 2022: Revenue of $150K, expenses of $4K, and assets of $226K (revenue +10.8% year-over-year).
- 2021: Revenue of $135K, expenses of $144K, and assets of $80K (revenue +65.0% year-over-year).
- 2020: Revenue of $82K, expenses of $70K, and assets of $90K (revenue -21.7% year-over-year).
- 2019: Revenue of $105K, expenses of $89K, and assets of $0 (revenue -4.2% year-over-year).
- 2018: Revenue of $109K, expenses of $159K, and assets of $63K (revenue -13.7% year-over-year).
- 2017: Revenue of $127K, expenses of $24K, and assets of $113K (revenue -8.7% year-over-year).
- 2016: Revenue of $139K, expenses of $139K, and assets of $10K (revenue +15.4% year-over-year).
- 2015: Revenue of $120K, expenses of $120K, and assets of $10K (revenue +44.4% year-over-year).
- 2014: Revenue of $83K, expenses of $83K, and assets of $10K (revenue -32.2% year-over-year).
- 2013: Revenue of $123K, expenses of $123K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Star Academy Foundation:
Data Sources and Methodology
This transparency report for North Star Academy Foundation 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.