Philadelphia Academy Community Development Corporation
Philadelphia Academy Community Development Corporation consistently reports $550K revenue with declining expenses and zero officer compensation.
EIN: 200701353 · Philadelphia, PA · NTEE: B112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $550K |
| Total Expenses | $274K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $550,380. |
| Net Assets | $2.2M |
| Transparency Score | 90/100 |
Is Philadelphia Academy Community Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Philadelphia Academy Community Development Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Philadelphia Academy Community Development Corporation
Philadelphia Academy Community Development Corporation (EIN: 200701353) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code B112. The organization reported total revenue of $550K and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Philadelphia Academy Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Philadelphia Academy Community Development Corporation is a small nonprofit that has been operating for 21 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 | $550K |
| Total Expenses | $274K |
| Surplus / Deficit | +$277K |
| Total Assets | $4.7M |
| Total Liabilities | $2.4M |
| Net Assets | $2.2M |
| Operating Margin | 50.3% |
| Debt-to-Asset Ratio | 52.4% |
| Months of Reserves | 204.1 months |
Financial Health Grade: A
In 2023, Philadelphia Academy Community Development Corporation reported a surplus of $277K with revenue exceeding expenses, holds 204.1 months of operating reserves (strong position), has a debt-to-asset ratio of 52.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Philadelphia Academy Community Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | -5.5% | -1.5% |
| 2022 | +0.0% | -7.4% | -4.2% |
| 2021 | +0.0% | -1.3% | -3.4% |
| 2020 | +0.0% | -10.2% | -13.3% |
| 2019 | +0.0% | -3.6% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Philadelphia Academy Community Development Corporation with a Mission Score of 90 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, Philadelphia Academy Community Development Corporation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $277K, with revenue exceeding expenses.
- Debt-to-asset ratio: 52.4%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for a nonprofit of its size with annual revenues of $550,380.
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 Philadelphia Academy Community Development Corporation's IRS 990 filings:
- Consistent decline in total assets over the past decade without clear explanation in provided data.
Strengths
The following positive indicators were identified for Philadelphia Academy Community Development Corporation:
- Consistent 0% officer compensation, indicating strong commitment to mission over executive pay.
- Significant reduction in total expenses from $815,891 in 2017 to $273,595 in 2023, suggesting improved cost efficiency.
- Stable revenue stream of $550,380 for several years.
- Maintains a substantial asset base ($4,652,255 in 2023) relative to annual expenses.
Frequently Asked Questions about Philadelphia Academy Community Development Corporation
Is Philadelphia Academy Community Development Corporation a legitimate charity?
Philadelphia Academy Community Development Corporation (EIN: 200701353) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $550K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Philadelphia Academy Community Development Corporation spend its money?
Philadelphia Academy Community Development Corporation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Philadelphia Academy Community Development Corporation tax-deductible?
Philadelphia Academy Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 200701353). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Philadelphia Academy Community Development Corporation CEO make?
Philadelphia Academy Community Development Corporation's highest-compensated officer earns $550,380. annually. The organization reported $550K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Philadelphia Academy Community Development Corporation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Philadelphia Academy Community Development Corporation is above average for NTEE category B112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Philadelphia Academy Community Development Corporation located?
Philadelphia Academy Community Development Corporation is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 200701353. It is classified under NTEE code B112.
How many years of IRS 990 filings does Philadelphia Academy Community Development Corporation have?
Philadelphia Academy Community Development Corporation 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 $550K in total revenue.
Is Philadelphia Academy Community Development Corporation a good charity?
Based on the available data, the organization appears to be a good charity. It consistently reports 0% officer compensation, indicating that funds are not diverted to executive salaries. Its expenses have been decreasing, suggesting efficient operations, and it maintains a substantial asset base relative to its revenue.
Why are the organization's assets declining?
The IRS 990 data shows a consistent decline in assets from $7,025,809 in 2014 to $4,652,255 in 2023. This could be due to several factors, such as asset depreciation, strategic divestment of properties, or using assets to cover liabilities. Further investigation into their balance sheet details would be needed to determine the exact cause.
What is the organization's program efficiency?
While specific program spending percentages are not detailed in the provided summary, the consistent 0% officer compensation and the overall reduction in expenses from $815,891 in 2017 to $273,595 in 2023 suggest a high degree of efficiency in resource allocation, likely prioritizing program delivery.
Filing History
IRS 990 filing history for Philadelphia Academy Community Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Philadelphia Academy Community Development Corporation's revenue has declined by 40.2%, moving from $921K to $550K. Total assets decreased by 34.1% over the same period, from $7.1M to $4.7M. Total functional expenses fell by 52.1%, from $572K to $274K. In its most recent filing year (2023), Philadelphia Academy Community Development Corporation reported a surplus of $277K, with revenue exceeding expenses. The organization holds $2.4M in liabilities against $4.7M in assets (debt-to-asset ratio: 52.4%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $550K | $274K | $4.7M | $2.4M | — | View 990 |
| 2022 | $550K | $290K | $4.7M | $2.8M | — | View 990 |
| 2021 | $550K | $313K | $4.9M | $3.2M | — | View 990 |
| 2020 | $550K | $317K | $5.1M | $3.7M | — | View 990 |
| 2019 | $550K | $353K | $5.9M | $4.7M | — | View 990 |
| 2018 | $550K | $366K | $6.1M | $5.1M | — | View 990 |
| 2017 | $550K | $816K | $6.5M | $5.6M | — | View 990 |
| 2016 | $550K | $462K | $6.8M | $5.7M | — | View 990 |
| 2015 | $804K | $436K | $7.1M | $6.1M | — | View 990 |
| 2014 | $856K | $383K | $7.0M | $6.4M | — | View 990 |
| 2013 | $1.0M | $550K | $6.9M | $6.7M | — | View 990 |
| 2012 | $981K | $570K | $6.8M | $7.1M | — | View 990 |
| 2011 | $921K | $572K | $7.1M | $7.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $550K, expenses of $274K, and assets of $4.7M (revenue +0.0% year-over-year).
- 2022: Revenue of $550K, expenses of $290K, and assets of $4.7M (revenue +0.0% year-over-year).
- 2021: Revenue of $550K, expenses of $313K, and assets of $4.9M (revenue +0.0% year-over-year).
- 2020: Revenue of $550K, expenses of $317K, and assets of $5.1M (revenue +0.0% year-over-year).
- 2019: Revenue of $550K, expenses of $353K, and assets of $5.9M (revenue +0.0% year-over-year).
- 2018: Revenue of $550K, expenses of $366K, and assets of $6.1M (revenue +0.0% year-over-year).
- 2017: Revenue of $550K, expenses of $816K, and assets of $6.5M (revenue +0.0% year-over-year).
- 2016: Revenue of $550K, expenses of $462K, and assets of $6.8M (revenue -31.5% year-over-year).
- 2015: Revenue of $804K, expenses of $436K, and assets of $7.1M (revenue -6.1% year-over-year).
- 2014: Revenue of $856K, expenses of $383K, and assets of $7.0M (revenue -15.2% year-over-year).
- 2013: Revenue of $1.0M, expenses of $550K, and assets of $6.9M (revenue +2.8% year-over-year).
- 2012: Revenue of $981K, expenses of $570K, and assets of $6.8M (revenue +6.5% year-over-year).
- 2011: Revenue of $921K, expenses of $572K, and assets of $7.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Philadelphia Academy Community Development Corporation:
Data Sources and Methodology
This transparency report for Philadelphia Academy Community Development Corporation 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.