Northland Preparatory And Fitness Academy
Northland Preparatory And Fitness Academy consistently operates on a balanced budget with no reported officer compensation.
EIN: 201035307 · Columbus, OH · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $3.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $100 |
| Transparency Score | 85/100 |
Is Northland 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 →
Northland Preparatory And Fitness Academy directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northland Preparatory And Fitness Academy
Northland Preparatory And Fitness Academy (EIN: 201035307) is a nonprofit organization based in Columbus, OH, classified under NTEE code B29. The organization reported total revenue of $2.6M and total assets of $94K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northland Preparatory And Fitness Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northland Preparatory And Fitness Academy is a mid-size nonprofit that has been operating for 14 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $3.3M |
| Surplus / Deficit | +$0 |
| Total Assets | $33K |
| Total Liabilities | $33K |
| Net Assets | $100 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 99.7% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2023, Northland Preparatory And Fitness Academy reported a surplus of $0 with revenue exceeding expenses, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 99.7% (high leverage).
Financial Trends
Over 11 years of filings (2012–2023), Northland Preparatory And Fitness Academy's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.0% | +14.0% | -47.1% |
| 2021 | +25.8% | +25.8% | -29.4% |
| 2020 | -0.6% | -0.6% | +0.4% |
| 2019 | -13.8% | -13.8% | -1.7% |
| 2018 | -9.1% | -9.1% | +6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
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 Northland Preparatory And Fitness Academy with a Mission Score of 85 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Northland 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: 99.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is highly unusual for an organization of its size (annual revenues consistently over $2 million) and suggests either a volunteer leadership model or that compensation is categorized differently, which would warrant further investigation.
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 Northland Preparatory And Fitness Academy's IRS 990 filings:
- Consistently low net assets relative to annual expenses, indicating limited financial reserves.
- 0% officer compensation for a multi-million dollar organization, which is highly unusual and warrants further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Northland Preparatory And Fitness Academy:
- Consistent financial reporting and regulatory compliance over 11 periods.
- Balanced budget operations, with revenues closely matching expenses annually.
- Zero reported officer compensation, suggesting efficient use of funds not allocated to executive salaries.
Frequently Asked Questions about Northland Preparatory And Fitness Academy
Is Northland Preparatory And Fitness Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Northland Preparatory And Fitness Academy (EIN: 201035307) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Northland Preparatory And Fitness Academy spend its money?
Northland Preparatory And Fitness Academy directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Northland Preparatory And Fitness Academy tax-deductible?
Northland Preparatory And Fitness Academy is registered as a tax-exempt nonprofit (EIN: 201035307). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Northland Preparatory And Fitness Academy CEO make?
Northland Preparatory And Fitness Academy's highest-compensated officer earns $2 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Northland Preparatory And Fitness Academy's spending goes to programs?
Northland Preparatory And Fitness Academy directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Northland Preparatory And Fitness Academy compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Northland Preparatory And Fitness Academy is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Northland Preparatory And Fitness Academy located?
Northland Preparatory And Fitness Academy is headquartered in Columbus, Ohio and files with the IRS under EIN 201035307. It is classified under NTEE code B29.
How many years of IRS 990 filings does Northland Preparatory And Fitness Academy have?
Northland Preparatory And Fitness Academy has 11 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 $2.6M in total revenue.
How does Northland Preparatory And Fitness Academy manage to operate with 0% officer compensation given its multi-million dollar revenue?
The consistent reporting of 0% officer compensation for an organization with annual revenues exceeding $2 million is highly unusual. It suggests either a fully volunteer leadership structure, or that executive compensation is being reported under a different expense category, which would require further scrutiny of their detailed financial statements.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. While the overall revenue and expenses are balanced, a more granular view is needed to fully assess spending efficiency.
Why are the organization's net assets consistently very low, often just $100?
The consistently low net assets (Assets - Liabilities) across most filing periods, often around $100, indicates that the organization operates on a very tight budget, spending nearly all its revenue each year. This suggests a 'spend-as-you-go' model with minimal financial reserves, which could pose a risk during unforeseen financial challenges.
Does the organization have sufficient reserves to handle unexpected financial downturns?
Given the consistently low net assets (e.g., $33,258 in assets vs. $3,311,925 in expenses in 2023), the organization appears to have very limited financial reserves. This could make it vulnerable to unexpected financial downturns or significant operational disruptions.
Filing History
IRS 990 filing history for Northland Preparatory And Fitness Academy showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Northland Preparatory And Fitness Academy's revenue has grown by 39.9%, moving from $2.4M to $3.3M. Total assets increased by 1226.6% over the same period, from $3K to $33K. Total functional expenses rose by 40%, from $2.4M to $3.3M. In its most recent filing year (2023), Northland Preparatory And Fitness Academy reported a surplus of $0, with revenue exceeding expenses. The organization holds $33K in liabilities against $33K in assets (debt-to-asset ratio: 99.7%), resulting in net assets of $100.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $3.3M | $33K | $33K | — | View 990 |
| 2021 | $2.9M | $2.9M | $63K | $63K | — | — |
| 2020 | $2.3M | $2.3M | $89K | $89K | — | View 990 |
| 2019 | $2.3M | $2.3M | $89K | $89K | — | View 990 |
| 2018 | $2.7M | $2.7M | $90K | $90K | — | View 990 |
| 2017 | $3.0M | $3.0M | $85K | $85K | — | View 990 |
| 2016 | $2.9M | $2.9M | $141K | $141K | — | View 990 |
| 2015 | $2.8M | $2.8M | $2K | $2K | — | — |
| 2014 | $2.5M | $2.5M | $21K | $21K | — | View 990 |
| 2013 | $2.1M | $2.1M | $100 | $0 | — | View 990 |
| 2012 | $2.4M | $2.4M | $3K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $3.3M, and assets of $33K (revenue +14.0% year-over-year).
- 2021: Revenue of $2.9M, expenses of $2.9M, and assets of $63K (revenue +25.8% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.3M, and assets of $89K (revenue -0.6% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.3M, and assets of $89K (revenue -13.8% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.7M, and assets of $90K (revenue -9.1% year-over-year).
- 2017: Revenue of $3.0M, expenses of $3.0M, and assets of $85K (revenue +2.1% year-over-year).
- 2016: Revenue of $2.9M, expenses of $2.9M, and assets of $141K (revenue +3.5% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.8M, and assets of $2K (revenue +11.3% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.5M, and assets of $21K (revenue +18.2% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.1M, and assets of $100 (revenue -9.9% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.4M, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northland Preparatory And Fitness Academy:
Data Sources and Methodology
This transparency report for Northland 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.