Regents Academy Of Nacogdoches Inc
Regents Academy Of Nacogdoches Inc shows strong revenue growth and no reported officer compensation.
EIN: 10550350 · Nacogdoches, TX · NTEE: B20 · Updated: 2026-03-28
Is Regents Academy Of Nacogdoches Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Regents Academy Of Nacogdoches Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Regents Academy Of Nacogdoches Inc
Regents Academy Of Nacogdoches Inc (EIN: 10550350) is a nonprofit organization based in Nacogdoches, TX, classified under NTEE code B20. The organization reported total revenue of $1.5M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Regents Academy Of Nacogdoches Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Regents Academy Of Nacogdoches Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Regents Academy Of Nacogdoches Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization with revenues exceeding $2 million and assets over $3 million. This suggests a volunteer leadership model or that compensation is reported under other expense categories, though the former is more likely given the consistent 0% reporting.
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 Regents Academy Of Nacogdoches Inc:
- Strong revenue growth, increasing from $1,050,966 in 2021 to $2,346,967 in 2023.
- Consistent reporting of 0% officer compensation, indicating a high commitment to directing funds to mission.
- Healthy asset growth, reaching $3,005,553 in 2023, demonstrating financial stability.
- Positive net income in most recent years, with 2023 revenue significantly exceeding expenses ($2,346,967 vs $1,514,783).
- Manageable liabilities relative to assets, indicating good financial health and solvency.
Frequently Asked Questions about Regents Academy Of Nacogdoches Inc
Is Regents Academy Of Nacogdoches Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Regents Academy Of Nacogdoches Inc (EIN: 10550350) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Regents Academy Of Nacogdoches Inc spend its money?
Regents Academy Of Nacogdoches Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Regents Academy Of Nacogdoches Inc tax-deductible?
Regents Academy Of Nacogdoches Inc is registered as a tax-exempt nonprofit (EIN: 10550350). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Regents Academy Of Nacogdoches Inc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based, or that compensation for key personnel is categorized differently (e.g., as program staff salaries if they also perform program duties) and not reported as 'officer compensation' on the 990.
What is the primary driver of the significant revenue growth from 2021 to 2023?
The IRS 990 data alone does not specify the exact drivers, but the substantial increase from $1,050,966 in 2021 to $2,346,967 in 2023 suggests successful fundraising campaigns, increased tuition/fees (if applicable to their NTEE code B20 - Elementary & Secondary Education), or significant grant acquisition.
Are the liabilities of $362,204 in 2023 a concern given the assets of $3,005,553?
No, the liabilities of $362,204 are not a significant concern when compared to assets of $3,005,553. This represents a healthy asset-to-liability ratio, indicating strong financial solvency and the ability to cover its obligations.
Filing History
IRS 990 filing history for Regents Academy Of Nacogdoches Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Regents Academy Of Nacogdoches Inc's revenue has grown by 360.3%, moving from $510K to $2.3M. Total assets increased by 160.4% over the same period, from $1.2M to $3.0M. Total functional expenses rose by 217.5%, from $477K to $1.5M. In its most recent filing year (2023), Regents Academy Of Nacogdoches Inc reported a surplus of $832K, with revenue exceeding expenses. The organization holds $362K in liabilities against $3.0M in assets (debt-to-asset ratio: 12.1%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $1.5M | $3.0M | $362K | — | — |
| 2022 | $1.6M | $885K | $1.9M | $91K | — | — |
| 2021 | $1.1M | $1.1M | $1.2M | $135K | — | View 990 |
| 2020 | $1.1M | $815K | $1.3M | $177K | — | View 990 |
| 2019 | $942K | $929K | $1.1M | $266K | — | View 990 |
| 2018 | $956K | $874K | $1.2M | $352K | — | View 990 |
| 2017 | $883K | $803K | $1.2M | $440K | — | View 990 |
| 2016 | $832K | $732K | $1.3M | $605K | — | View 990 |
| 2015 | $853K | $716K | $1.3M | $690K | — | View 990 |
| 2014 | $706K | $690K | $1.1M | $677K | — | View 990 |
| 2013 | $620K | $645K | $1.2M | $711K | — | View 990 |
| 2012 | $613K | $563K | $1.2M | $742K | — | View 990 |
| 2011 | $510K | $477K | $1.2M | $771K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $1.5M, and assets of $3.0M (revenue +43.8% year-over-year).
- 2022: Revenue of $1.6M, expenses of $885K, and assets of $1.9M (revenue +55.3% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $1.2M (revenue -0.1% year-over-year).
- 2020: Revenue of $1.1M, expenses of $815K, and assets of $1.3M (revenue +11.7% year-over-year).
- 2019: Revenue of $942K, expenses of $929K, and assets of $1.1M (revenue -1.5% year-over-year).
- 2018: Revenue of $956K, expenses of $874K, and assets of $1.2M (revenue +8.3% year-over-year).
- 2017: Revenue of $883K, expenses of $803K, and assets of $1.2M (revenue +6.1% year-over-year).
- 2016: Revenue of $832K, expenses of $732K, and assets of $1.3M (revenue -2.4% year-over-year).
- 2015: Revenue of $853K, expenses of $716K, and assets of $1.3M (revenue +20.9% year-over-year).
- 2014: Revenue of $706K, expenses of $690K, and assets of $1.1M (revenue +13.9% year-over-year).
- 2013: Revenue of $620K, expenses of $645K, and assets of $1.2M (revenue +1.1% year-over-year).
- 2012: Revenue of $613K, expenses of $563K, and assets of $1.2M (revenue +20.2% year-over-year).
- 2011: Revenue of $510K, expenses of $477K, and assets of $1.2M.
Data Sources and Methodology
This transparency report for Regents Academy Of Nacogdoches 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.