Oxford Academy Inc
Oxford Academy Inc: Consistent Revenue, High Program Spending, and Strong Financial Health
EIN: 222809363 · Westbrook, CT · NTEE: B25Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Total Expenses | $3.7M |
| Program Spending | 85% |
| Net Assets | $6.5M |
| Transparency Score | 85/100 |
Is Oxford Academy Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oxford Academy Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oxford Academy Inc
Oxford Academy Inc (EIN: 222809363) is a nonprofit organization based in Westbrook, CT, classified under NTEE code B25Z. The organization reported total revenue of $4.1M and total assets of $8.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oxford Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oxford Academy Inc is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $3.7M |
| Surplus / Deficit | $-234,873 |
| Total Assets | $8.0M |
| Total Liabilities | $1.4M |
| Net Assets | $6.5M |
| Operating Margin | -6.8% |
| Debt-to-Asset Ratio | 18.0% |
| Months of Reserves | 26.0 months |
Financial Health Grade: B
In 2023, Oxford Academy Inc reported a deficit of $235K with expenses exceeding revenue, holds 26.0 months of operating reserves (strong position), has a debt-to-asset ratio of 18.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Oxford Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.0% | +4.2% | +0.0% |
| 2022 | -7.4% | +7.4% | -3.3% |
| 2021 | +12.6% | +12.3% | +3.5% |
| 2020 | -0.2% | -4.7% | +6.2% |
| 2019 | +15.9% | +11.3% | +7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
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 Oxford Academy Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Oxford Academy Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $235K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the consistent 0% related party compensation suggests a lack of self-dealing or excessive payments to insiders.
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.
Strengths
The following positive indicators were identified for Oxford Academy Inc:
- Strong financial health with consistent revenue exceeding expenses, leading to a growing asset base.
- High percentage of spending allocated to programs (85%), indicating a focus on its mission.
- Consistent reporting of 0% compensation from related parties, suggesting good governance.
- Assets have steadily increased from $6.6M in 2017 to $7.9M in 2023, demonstrating financial growth and stability.
Frequently Asked Questions about Oxford Academy Inc
Is Oxford Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Oxford Academy Inc (EIN: 222809363) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Oxford Academy Inc spend its money?
Oxford Academy Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Oxford Academy Inc tax-deductible?
Oxford Academy Inc is registered as a tax-exempt nonprofit (EIN: 222809363). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Oxford Academy Inc's spending goes to programs?
Oxford Academy Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Oxford Academy Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Oxford Academy Inc is above average for NTEE category B25Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oxford Academy Inc located?
Oxford Academy Inc is headquartered in Westbrook, Connecticut and files with the IRS under EIN 222809363. It is classified under NTEE code B25Z.
How many years of IRS 990 filings does Oxford Academy Inc have?
Oxford Academy Inc has 13 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 $4.1M in total revenue.
What does Oxford Academy Inc do?
Oxford Academy Inc is a nonprofit organization in the Education sector, located in Westbrook, Connecticut. It is classified under NTEE code B25Z.
How much revenue does Oxford Academy Inc have?
Oxford Academy Inc reported total revenue of $4,081,673. Based on 13 IRS 990 filings on record.
What are Oxford Academy Inc's total assets?
Oxford Academy Inc holds total assets of $7,998,544 as reported in IRS 990 filings.
Where is Oxford Academy Inc located?
Oxford Academy Inc is based in Westbrook, Connecticut.
What is Oxford Academy Inc's EIN?
Oxford Academy Inc's Employer Identification Number (EIN) is 222809363. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Oxford Academy Inc?
Oxford Academy Inc is classified under NTEE code B25Z (Education).
Is Oxford Academy Inc a registered 501(c)(3)?
Yes, Oxford Academy Inc is recognized as a tax-exempt organization by the IRS. EIN: 222809363.
Does Oxford Academy Inc file IRS Form 990?
Yes, Oxford Academy Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Oxford Academy Inc's revenue in 2023?
In the 202308 filing period, Oxford Academy Inc reported total revenue of $3,446,678, total expenses of $3,681,551, and net assets of $7,979,681.
Is Oxford Academy Inc's revenue growing or declining?
Oxford Academy Inc's revenue is relatively stable. Revenue went from $3,479,875 (202208) to $3,446,678 (202308), a -1.0% change. Based on 13 filings on record.
What is Oxford Academy Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Oxford Academy Inc covers tax period 202308. It shows revenue of $3,446,678, expenses of $3,681,551, total assets of $7,979,681, and liabilities of $1,437,171.
How much does Oxford Academy Inc spend on programs vs administration?
Based on IRS 990 analysis, Oxford Academy Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Oxford Academy Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Oxford Academy Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Oxford Academy Inc's strengths?
Positive indicators for Oxford Academy Inc include: Strong financial health with consistent revenue exceeding expenses, leading to a growing asset base.. High percentage of spending allocated to programs (85%), indicating a focus on its mission.. Consistent reporting of 0% compensation from related parties, suggesting good governance.. Assets have steadily increased from $6.6M in 2017 to $7.9M in 2023, demonstrating financial growth and stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Oxford Academy Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the consistent 0% related party compensation suggests a lack of self-dealing or excessive payments to insiders. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Oxford Academy Inc managed to maintain such a high program spending percentage while consistently growing its assets?
Oxford Academy Inc has consistently generated more revenue than expenses each year, allowing them to allocate a significant portion to programs while simultaneously building their asset base. For example, in 2023, revenue was $3,446,678 while expenses were $3,681,551, and in 2022, revenue was $3,479,875 with expenses of $3,532,737. This consistent surplus, even when expenses slightly exceed revenue in a given year, contributes to asset growth over time.
What is the trend in the organization's net assets over the past seven years?
The organization's net assets have shown a consistent upward trend. Starting with total assets of $6,616,708 in 2017 and liabilities of $1,103,033, net assets were approximately $5,513,675. By 2023, total assets reached $7,979,681 with liabilities of $1,437,171, resulting in net assets of approximately $6,542,510. This indicates healthy financial growth and accumulation of reserves.
Filing History
IRS 990 filing history for Oxford Academy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Oxford Academy Inc's revenue has grown by 64.6%, moving from $2.1M to $3.4M. Total assets increased by 27.6% over the same period, from $6.3M to $8.0M. Total functional expenses rose by 41.1%, from $2.6M to $3.7M. In its most recent filing year (2023), Oxford Academy Inc reported a deficit of $235K, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $8.0M in assets (debt-to-asset ratio: 18.0%), resulting in net assets of $6.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $3.7M | $8.0M | $1.4M | — | View 990 |
| 2022 | $3.5M | $3.5M | $8.0M | $1.3M | — | View 990 |
| 2021 | $3.8M | $3.3M | $8.2M | $1.4M | — | View 990 |
| 2020 | $3.3M | $2.9M | $8.0M | $1.6M | — | View 990 |
| 2019 | $3.3M | $3.1M | $7.5M | $1.6M | — | View 990 |
| 2018 | $2.9M | $2.8M | $7.0M | $1.4M | — | View 990 |
| 2017 | $2.9M | $3.0M | $6.6M | $1.1M | — | View 990 |
| 2016 | $3.2M | $3.1M | $6.6M | $1.0M | — | View 990 |
| 2015 | $3.4M | $3.0M | $6.7M | $1.2M | — | View 990 |
| 2014 | $2.4M | $2.7M | $6.3M | $1.2M | — | View 990 |
| 2013 | $2.3M | $2.5M | $6.9M | $1.5M | — | View 990 |
| 2012 | $2.3M | $2.4M | $6.3M | $621K | — | View 990 |
| 2011 | $2.1M | $2.6M | $6.3M | $358K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $3.7M, and assets of $8.0M (revenue -1.0% year-over-year).
- 2022: Revenue of $3.5M, expenses of $3.5M, and assets of $8.0M (revenue -7.4% year-over-year).
- 2021: Revenue of $3.8M, expenses of $3.3M, and assets of $8.2M (revenue +12.6% year-over-year).
- 2020: Revenue of $3.3M, expenses of $2.9M, and assets of $8.0M (revenue -0.2% year-over-year).
- 2019: Revenue of $3.3M, expenses of $3.1M, and assets of $7.5M (revenue +15.9% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.8M, and assets of $7.0M (revenue +0.1% year-over-year).
- 2017: Revenue of $2.9M, expenses of $3.0M, and assets of $6.6M (revenue -10.1% year-over-year).
- 2016: Revenue of $3.2M, expenses of $3.1M, and assets of $6.6M (revenue -5.5% year-over-year).
- 2015: Revenue of $3.4M, expenses of $3.0M, and assets of $6.7M (revenue +42.6% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.7M, and assets of $6.3M (revenue +2.6% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.5M, and assets of $6.9M (revenue +3.0% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.4M, and assets of $6.3M (revenue +7.6% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.6M, and assets of $6.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oxford Academy Inc:
Data Sources and Methodology
This transparency report for Oxford Academy Inc 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.