Ron Clark Academy Inc
Ron Clark Academy Inc. shows consistent asset growth and balanced finances with no reported officer compensation.
EIN: 203028755 · Atlanta, GA · NTEE: B20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $18.5M |
| Total Expenses | $10.5M |
| Program Spending | 85% |
| Net Assets | $24.3M |
| Transparency Score | 90/100 |
Is Ron Clark Academy Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ron Clark Academy Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ron Clark Academy Inc
Ron Clark Academy Inc (EIN: 203028755) is a nonprofit organization based in Atlanta, GA, classified under NTEE code B20. The organization reported total revenue of $18.5M and total assets of $31.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ron Clark Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ron Clark Academy Inc is a large nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.7M |
| Total Expenses | $10.5M |
| Surplus / Deficit | +$129K |
| Total Assets | $28.2M |
| Total Liabilities | $3.8M |
| Net Assets | $24.3M |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 13.5% |
| Months of Reserves | 32.1 months |
Financial Health Grade: A
In 2023, Ron Clark Academy Inc reported a surplus of $129K with revenue exceeding expenses, holds 32.1 months of operating reserves (strong position), has a debt-to-asset ratio of 13.5% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Ron Clark Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.6% | +16.3% | -0.7% |
| 2022 | +32.0% | +30.4% | -1.8% |
| 2021 | -11.7% | -10.6% | -3.8% |
| 2020 | -20.1% | +9.2% | +4.2% |
| 2019 | -49.6% | +5.8% | +12.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Ron Clark Academy Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, Ron Clark Academy Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $129K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, directors, or trustees, which is highly favorable for resource allocation directly to the mission.
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 Ron Clark Academy Inc:
- Consistent asset growth: Assets increased from $8,870,796 in 2014 to $28,150,062 in 2023.
- No reported officer compensation: Officer compensation is consistently reported as 0% across all filings, indicating high efficiency in resource allocation.
- Strong financial stability: Revenues generally exceed or closely match expenses, preventing significant deficits and ensuring sustainability.
- Effective financial management: Liabilities are well-managed relative to assets, indicating a healthy balance sheet.
- Significant revenue generation capacity: Demonstrated by the $18,993,138 revenue in 2018, showing ability to attract substantial funding.
Frequently Asked Questions about Ron Clark Academy Inc
Is Ron Clark Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ron Clark Academy Inc (EIN: 203028755) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Ron Clark Academy Inc spend its money?
Ron Clark Academy Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ron Clark Academy Inc tax-deductible?
Ron Clark Academy Inc is registered as a tax-exempt nonprofit (EIN: 203028755). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ron Clark Academy Inc's spending goes to programs?
Ron Clark Academy Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ron Clark Academy Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Ron Clark Academy Inc is above average for NTEE category B20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ron Clark Academy Inc located?
Ron Clark Academy Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 203028755. It is classified under NTEE code B20.
How many years of IRS 990 filings does Ron Clark Academy Inc have?
Ron Clark Academy Inc has 12 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 $18.5M in total revenue.
Is Ron Clark Academy Inc. a good charity?
Based on the IRS 990 data, Ron Clark Academy Inc. appears to be a good charity. It demonstrates strong financial health, consistent asset growth, and a notable commitment to its mission by reporting 0% officer compensation across all filings, ensuring resources are directed to programs.
How has Ron Clark Academy Inc.'s financial health changed over time?
Ron Clark Academy Inc. has shown significant financial growth and stability over the past decade. Assets have more than tripled from $8,870,796 in 2014 to $28,150,062 in 2023, while revenues have generally increased, indicating a healthy and growing organization.
What is the trend in Ron Clark Academy Inc.'s revenue and expenses?
Revenue and expenses for Ron Clark Academy Inc. have generally trended upwards over the past decade, with some fluctuations. For example, revenue grew from $4,263,921 in 2014 to $10,652,454 in 2023, with expenses closely tracking revenue, indicating a balanced operational budget.
Filing History
IRS 990 filing history for Ron Clark Academy Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Ron Clark Academy Inc's revenue has grown by 165.9%, moving from $4.0M to $10.7M. Total assets increased by 840.1% over the same period, from $3.0M to $28.2M. Total functional expenses rose by 240.8%, from $3.1M to $10.5M. In its most recent filing year (2023), Ron Clark Academy Inc reported a surplus of $129K, with revenue exceeding expenses. The organization holds $3.8M in liabilities against $28.2M in assets (debt-to-asset ratio: 13.5%), resulting in net assets of $24.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.7M | $10.5M | $28.2M | $3.8M | — | View 990 |
| 2022 | $8.9M | $9.0M | $28.4M | $4.3M | — | View 990 |
| 2021 | $6.7M | $6.9M | $28.9M | $5.1M | — | View 990 |
| 2020 | $7.6M | $7.8M | $30.0M | $6.3M | — | View 990 |
| 2019 | $9.6M | $7.1M | $28.8M | $4.5M | — | View 990 |
| 2018 | $19.0M | $6.7M | $25.5M | $3.7M | — | View 990 |
| 2017 | $6.5M | $5.0M | $12.8M | $3.0M | — | View 990 |
| 2016 | $5.5M | $4.3M | $11.6M | $3.3M | — | View 990 |
| 2015 | $5.1M | $3.5M | $11.7M | $4.6M | — | View 990 |
| 2014 | $4.3M | $2.9M | $8.9M | $3.4M | — | View 990 |
| 2013 | $4.1M | $3.8M | $6.1M | $2.9M | — | View 990 |
| 2012 | $4.0M | $3.1M | $3.0M | $73K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.7M, expenses of $10.5M, and assets of $28.2M (revenue +19.6% year-over-year).
- 2022: Revenue of $8.9M, expenses of $9.0M, and assets of $28.4M (revenue +32.0% year-over-year).
- 2021: Revenue of $6.7M, expenses of $6.9M, and assets of $28.9M (revenue -11.7% year-over-year).
- 2020: Revenue of $7.6M, expenses of $7.8M, and assets of $30.0M (revenue -20.1% year-over-year).
- 2019: Revenue of $9.6M, expenses of $7.1M, and assets of $28.8M (revenue -49.6% year-over-year).
- 2018: Revenue of $19.0M, expenses of $6.7M, and assets of $25.5M (revenue +191.6% year-over-year).
- 2017: Revenue of $6.5M, expenses of $5.0M, and assets of $12.8M (revenue +18.7% year-over-year).
- 2016: Revenue of $5.5M, expenses of $4.3M, and assets of $11.6M (revenue +7.7% year-over-year).
- 2015: Revenue of $5.1M, expenses of $3.5M, and assets of $11.7M (revenue +19.5% year-over-year).
- 2014: Revenue of $4.3M, expenses of $2.9M, and assets of $8.9M (revenue +3.5% year-over-year).
- 2013: Revenue of $4.1M, expenses of $3.8M, and assets of $6.1M (revenue +2.9% year-over-year).
- 2012: Revenue of $4.0M, expenses of $3.1M, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ron Clark Academy Inc:
Data Sources and Methodology
This transparency report for Ron Clark 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.