Oakstone Academy Palm Beach
EIN: 274878735 · West Palm Beach, FL · NTEE: B24
Is Oakstone Academy Palm Beach Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oakstone Academy Palm Beach
Oakstone Academy Palm Beach (EIN: 274878735) is a nonprofit organization based in West Palm Beach, FL, classified under NTEE code B24. The organization reported total revenue of $1.3M and total assets of $598K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oakstone Academy Palm Beach's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Oakstone Academy Palm Beach 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 Oakstone Academy Palm Beach 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.
Frequently Asked Questions about Oakstone Academy Palm Beach
Is Oakstone Academy Palm Beach a legitimate charity?
Based on AI analysis of IRS 990 filings, Oakstone Academy Palm Beach (EIN: 274878735) insufficient data. 0 red flags identified, 0 strengths noted.
How does Oakstone Academy Palm Beach spend its money?
Detailed spending breakdown data is not yet available for Oakstone Academy Palm Beach. Check back for updated IRS 990 analysis.
Are donations to Oakstone Academy Palm Beach tax-deductible?
Oakstone Academy Palm Beach is registered as a tax-exempt nonprofit (EIN: 274878735). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Oakstone Academy Palm Beach showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Oakstone Academy Palm Beach's revenue has grown by 503.1%, moving from $219K to $1.3M. Total assets increased by 1930.8% over the same period, from $27K to $550K. Total functional expenses rose by 487.8%, from $194K to $1.1M. In its most recent filing year (2023), Oakstone Academy Palm Beach reported a surplus of $175K, with revenue exceeding expenses. The organization holds $3K in liabilities against $550K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $547K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.1M | $550K | $3K | — | View 990 |
| 2022 | $937K | $887K | $381K | $9K | — | View 990 |
| 2021 | $1.0M | $789K | $343K | $22K | — | View 990 |
| 2020 | $812K | $767K | $232K | $132K | — | View 990 |
| 2019 | $682K | $699K | $56K | $1K | — | View 990 |
| 2018 | $504K | $481K | $74K | $2K | — | View 990 |
| 2017 | $411K | $626K | $51K | $35K | — | View 990 |
| 2016 | $620K | $773K | $114K | $176K | — | View 990 |
| 2015 | $738K | $665K | $253K | $161K | — | View 990 |
| 2014 | $617K | $572K | $162K | $9K | — | View 990 |
| 2013 | $314K | $230K | $112K | $3K | — | View 990 |
| 2012 | $219K | $194K | $27K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.1M, and assets of $550K (revenue +40.6% year-over-year).
- 2022: Revenue of $937K, expenses of $887K, and assets of $381K (revenue -7.2% year-over-year).
- 2021: Revenue of $1.0M, expenses of $789K, and assets of $343K (revenue +24.4% year-over-year).
- 2020: Revenue of $812K, expenses of $767K, and assets of $232K (revenue +19.1% year-over-year).
- 2019: Revenue of $682K, expenses of $699K, and assets of $56K (revenue +35.4% year-over-year).
- 2018: Revenue of $504K, expenses of $481K, and assets of $74K (revenue +22.7% year-over-year).
- 2017: Revenue of $411K, expenses of $626K, and assets of $51K (revenue -33.7% year-over-year).
- 2016: Revenue of $620K, expenses of $773K, and assets of $114K (revenue -16.1% year-over-year).
- 2015: Revenue of $738K, expenses of $665K, and assets of $253K (revenue +19.7% year-over-year).
- 2014: Revenue of $617K, expenses of $572K, and assets of $162K (revenue +96.3% year-over-year).
- 2013: Revenue of $314K, expenses of $230K, and assets of $112K (revenue +43.7% year-over-year).
- 2012: Revenue of $219K, expenses of $194K, and assets of $27K.
Data Sources and Methodology
This transparency report for Oakstone Academy Palm Beach 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.