Raising Arrows Academy Inc
EIN: 862114186 · Midland, NC
| Metric | Value |
|---|---|
| Total Revenue | $634K |
| Total Expenses | $284K |
| Net Assets | $98K |
Is Raising Arrows Academy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Raising Arrows Academy Inc
Raising Arrows Academy Inc (EIN: 862114186) is a nonprofit organization based in Midland, NC. The organization reported total revenue of $634K and total assets of $304K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Raising Arrows Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Raising Arrows Academy Inc is a small nonprofit that has been operating for 5 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of 615.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $363K |
| Total Expenses | $284K |
| Surplus / Deficit | +$79K |
| Total Assets | $98K |
| Net Assets | $98K |
| Operating Margin | 21.7% |
| Months of Reserves | 4.1 months |
Financial Health Grade: A
In 2022, Raising Arrows Academy Inc reported a surplus of $79K with revenue exceeding expenses, holds 4.1 months of operating reserves (adequate).
Financial Trends
Over 2 years of filings (2021–2022), Raising Arrows Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 615.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +615.4% | +803.0% | +409.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Raising Arrows Academy 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 Raising Arrows Academy 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $79K, with revenue exceeding expenses.
Frequently Asked Questions about Raising Arrows Academy Inc
Is Raising Arrows Academy Inc a legitimate charity?
Raising Arrows Academy Inc (EIN: 862114186) is a registered tax-exempt nonprofit based in North Carolina. It has 2 years of IRS 990 filings on record. Total revenue: $634K. No red flags identified. Financial health grade: A.
How does Raising Arrows Academy Inc spend its money?
Raising Arrows Academy Inc reported $634K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Raising Arrows Academy Inc tax-deductible?
Raising Arrows Academy Inc is registered as a tax-exempt nonprofit (EIN: 862114186). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Raising Arrows Academy Inc located?
Raising Arrows Academy Inc is headquartered in Midland, North Carolina and files with the IRS under EIN 862114186.
How many years of IRS 990 filings does Raising Arrows Academy Inc have?
Raising Arrows Academy Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $634K in total revenue.
Filing History
IRS 990 filing history for Raising Arrows Academy Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Raising Arrows Academy Inc's revenue has grown by 615.4%, moving from $51K to $363K. Total assets increased by 409.4% over the same period, from $19K to $98K. Total functional expenses rose by 803%, from $31K to $284K. In its most recent filing year (2022), Raising Arrows Academy Inc reported a surplus of $79K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $363K | $284K | $98K | $0 | — | View 990 |
| 2021 | $51K | $31K | $19K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Raising Arrows Academy Inc:
Data Sources and Methodology
This transparency report for Raising Arrows 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.