Parent Advocates For Spanish Immersion Inc
EIN: 272237233 · Sioux Falls, SD · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $168K |
| Total Expenses | $88K |
| Net Assets | $360K |
Is Parent Advocates For Spanish Immersion Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Parent Advocates For Spanish Immersion Inc
Parent Advocates For Spanish Immersion Inc (EIN: 272237233) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code A23. The organization reported total revenue of $168K and total assets of $369K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parent Advocates For Spanish Immersion Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Parent Advocates For Spanish Immersion Inc is a small nonprofit that has been operating for 16 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $153K |
| Total Expenses | $88K |
| Surplus / Deficit | +$65K |
| Total Assets | $360K |
| Net Assets | $360K |
| Operating Margin | 42.7% |
| Months of Reserves | 49.2 months |
Financial Health Grade: A
In 2023, Parent Advocates For Spanish Immersion Inc reported a surplus of $65K with revenue exceeding expenses, holds 49.2 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2015–2023), Parent Advocates For Spanish Immersion Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.0% | -24.4% | +27.7% |
| 2022 | +62.0% | +127.9% | +5.5% |
| 2021 | +11.3% | +17.9% | +11.6% |
| 2020 | -31.7% | -63.4% | +13.8% |
| 2019 | -5.4% | +37.2% | -5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Parent Advocates For Spanish Immersion Inc 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 Parent Advocates For Spanish Immersion Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $65K, with revenue exceeding expenses.
Frequently Asked Questions about Parent Advocates For Spanish Immersion Inc
Is Parent Advocates For Spanish Immersion Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Parent Advocates For Spanish Immersion Inc (EIN: 272237233) insufficient data. 0 red flags identified, 0 strengths noted.
How does Parent Advocates For Spanish Immersion Inc spend its money?
Detailed spending breakdown data is not yet available for Parent Advocates For Spanish Immersion Inc. Check back for updated IRS 990 analysis.
Are donations to Parent Advocates For Spanish Immersion Inc tax-deductible?
Parent Advocates For Spanish Immersion Inc is registered as a tax-exempt nonprofit (EIN: 272237233). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Parent Advocates For Spanish Immersion Inc located?
Parent Advocates For Spanish Immersion Inc is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 272237233. It is classified under NTEE code A23.
How many years of IRS 990 filings does Parent Advocates For Spanish Immersion Inc have?
Parent Advocates For Spanish Immersion Inc has 9 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 $168K in total revenue.
Filing History
IRS 990 filing history for Parent Advocates For Spanish Immersion Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Parent Advocates For Spanish Immersion Inc's revenue has declined by 10.8%, moving from $172K to $153K. Total assets increased by 400.5% over the same period, from $72K to $360K. Total functional expenses fell by 45%, from $160K to $88K. In its most recent filing year (2023), Parent Advocates For Spanish Immersion Inc reported a surplus of $65K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $153K | $88K | $360K | $0 | — | View 990 |
| 2022 | $131K | $116K | $282K | $0 | — | View 990 |
| 2021 | $81K | $51K | $267K | $0 | — | — |
| 2020 | $73K | $43K | $239K | $0 | — | View 990 |
| 2019 | $106K | $118K | $210K | $0 | — | View 990 |
| 2018 | $112K | $86K | $222K | $0 | — | View 990 |
| 2017 | $244K | $150K | $196K | $0 | — | View 990 |
| 2016 | $203K | $173K | $103K | $0 | — | View 990 |
| 2015 | $172K | $160K | $72K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $153K, expenses of $88K, and assets of $360K (revenue +17.0% year-over-year).
- 2022: Revenue of $131K, expenses of $116K, and assets of $282K (revenue +62.0% year-over-year).
- 2021: Revenue of $81K, expenses of $51K, and assets of $267K (revenue +11.3% year-over-year).
- 2020: Revenue of $73K, expenses of $43K, and assets of $239K (revenue -31.7% year-over-year).
- 2019: Revenue of $106K, expenses of $118K, and assets of $210K (revenue -5.4% year-over-year).
- 2018: Revenue of $112K, expenses of $86K, and assets of $222K (revenue -54.0% year-over-year).
- 2017: Revenue of $244K, expenses of $150K, and assets of $196K (revenue +19.9% year-over-year).
- 2016: Revenue of $203K, expenses of $173K, and assets of $103K (revenue +18.5% year-over-year).
- 2015: Revenue of $172K, expenses of $160K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Parent Advocates For Spanish Immersion Inc:
Data Sources and Methodology
This transparency report for Parent Advocates For Spanish Immersion 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.