Presentation Academy Foundation Inc
Presentation Academy Foundation Inc. reports zero revenue and assets in its latest filing, following years of significant financial activity and a substantial asset base.
EIN: 205444759 · Louisville, KY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $483K |
| Program Spending | 75% |
| Net Assets | $3.6M |
| Transparency Score | 70/100 |
Is Presentation Academy Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Presentation Academy Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Presentation Academy Foundation Inc
Presentation Academy Foundation Inc (EIN: 205444759) is a nonprofit organization based in Louisville, KY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Presentation Academy Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Presentation Academy Foundation Inc is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 32.1%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $440K |
| Total Expenses | $483K |
| Surplus / Deficit | $-42,662 |
| Total Assets | $6.0M |
| Total Liabilities | $2.5M |
| Net Assets | $3.6M |
| Operating Margin | -9.7% |
| Debt-to-Asset Ratio | 40.8% |
| Months of Reserves | 150.0 months |
Financial Health Grade: B
In 2015, Presentation Academy Foundation Inc reported a deficit of $43K with expenses exceeding revenue, holds 150.0 months of operating reserves (strong position), has a debt-to-asset ratio of 40.8% (moderate leverage).
Financial Trends
Over 5 years of filings (2011–2015), Presentation Academy Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 32.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -67.3% | +5.3% | -3.6% |
| 2014 | +369.5% | +18.7% | +14.9% |
| 2013 | +95.0% | +85.9% | -2.4% |
| 2012 | +1.7% | -18.3% | -3.3% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Presentation Academy Foundation Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Presentation Academy Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $43K, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is a positive sign for minimizing administrative costs.
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 Presentation Academy Foundation Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, a significant drop from previous years without clear explanation.
- Expenses exceeded revenue in 2015 ($482,678 expenses vs. $440,016 revenue).
Strengths
The following positive indicators were identified for Presentation Academy Foundation Inc:
- Consistently reported 0% officer compensation, indicating efficient use of funds for executive salaries.
- Maintained a substantial asset base (over $5 million) in previous years, suggesting financial stability or significant endowments.
Frequently Asked Questions about Presentation Academy Foundation Inc
Is Presentation Academy Foundation Inc a legitimate charity?
Presentation Academy Foundation Inc (EIN: 205444759) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 70/100. It has 5 years of IRS 990 filings on record. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Presentation Academy Foundation Inc spend its money?
Presentation Academy Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Presentation Academy Foundation Inc tax-deductible?
Presentation Academy Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205444759). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Presentation Academy Foundation Inc's spending goes to programs?
Presentation Academy Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Presentation Academy Foundation Inc located?
Presentation Academy Foundation Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 205444759.
How many years of IRS 990 filings does Presentation Academy Foundation Inc have?
Presentation Academy Foundation Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Why does the latest filing show $0 revenue and assets, while previous years show significant financial activity?
The latest IRS 990 filing for Presentation Academy Foundation Inc. reports $0 in revenue and assets, a significant departure from previous years where revenue reached over $1.3 million and assets consistently exceeded $5 million. This abrupt change requires further investigation to understand if it signifies a change in operational status, a merger, or a reporting anomaly.
What is the organization's current operational status?
Given the latest filing's $0 revenue and assets, the current operational status of Presentation Academy Foundation Inc. is unclear. It is possible the organization has ceased active operations, merged with another entity, or is undergoing a significant restructuring.
How are the substantial assets (over $5 million in previous years) being managed or utilized?
In previous years, Presentation Academy Foundation Inc. consistently reported assets exceeding $5 million. The management and utilization of these substantial assets, especially in light of the latest filing showing $0 assets, are critical questions for understanding the organization's long-term financial strategy and impact.
Filing History
IRS 990 filing history for Presentation Academy Foundation Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Presentation Academy Foundation Inc's revenue has grown by 204.9%, moving from $144K to $440K. Total assets increased by 4.5% over the same period, from $5.8M to $6.0M. Total functional expenses rose by 89.8%, from $254K to $483K. In its most recent filing year (2015), Presentation Academy Foundation Inc reported a deficit of $43K, with expenses exceeding revenue. The organization holds $2.5M in liabilities against $6.0M in assets (debt-to-asset ratio: 40.8%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $440K | $483K | $6.0M | $2.5M | — | View 990 |
| 2014 | $1.3M | $458K | $6.3M | $2.6M | — | View 990 |
| 2013 | $286K | $386K | $5.4M | $2.7M | — | View 990 |
| 2012 | $147K | $208K | $5.6M | $2.7M | — | View 990 |
| 2011 | $144K | $254K | $5.8M | $2.9M | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $440K, expenses of $483K, and assets of $6.0M (revenue -67.3% year-over-year).
- 2014: Revenue of $1.3M, expenses of $458K, and assets of $6.3M (revenue +369.5% year-over-year).
- 2013: Revenue of $286K, expenses of $386K, and assets of $5.4M (revenue +95.0% year-over-year).
- 2012: Revenue of $147K, expenses of $208K, and assets of $5.6M (revenue +1.7% year-over-year).
- 2011: Revenue of $144K, expenses of $254K, and assets of $5.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Presentation Academy Foundation Inc:
Data Sources and Methodology
This transparency report for Presentation Academy Foundation 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.