Roots Academy Incorporated
EIN: 873566228 · Saint Johns, FL · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $957K |
| Net Assets | $111K |
Is Roots Academy Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Roots Academy Incorporated
Roots Academy Incorporated (EIN: 873566228) is a nonprofit organization based in Saint Johns, FL, classified under NTEE code P33. The organization reported total revenue of $1.1M and total assets of $131K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Roots Academy Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Roots Academy Incorporated is a mid-size nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 256.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $957K |
| Surplus / Deficit | +$102K |
| Total Assets | $158K |
| Total Liabilities | $47K |
| Net Assets | $111K |
| Operating Margin | 9.6% |
| Debt-to-Asset Ratio | 29.9% |
| Months of Reserves | 2.0 months |
Financial Health Grade: A
In 2023, Roots Academy Incorporated reported a surplus of $102K with revenue exceeding expenses, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 29.9% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), Roots Academy Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 256.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +256.2% | +232.5% | +100.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Roots Academy Incorporated 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 Roots Academy Incorporated 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $102K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.9%.
Frequently Asked Questions about Roots Academy Incorporated
Is Roots Academy Incorporated a legitimate charity?
Roots Academy Incorporated (EIN: 873566228) is a registered tax-exempt nonprofit based in Florida. It has 2 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: A.
How does Roots Academy Incorporated spend its money?
Roots Academy Incorporated reported $1.1M 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 Roots Academy Incorporated tax-deductible?
Roots Academy Incorporated is registered as a tax-exempt nonprofit (EIN: 873566228). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Roots Academy Incorporated located?
Roots Academy Incorporated is headquartered in Saint Johns, Florida and files with the IRS under EIN 873566228. It is classified under NTEE code P33.
How many years of IRS 990 filings does Roots Academy Incorporated have?
Roots Academy Incorporated 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Roots Academy Incorporated showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Roots Academy Incorporated's revenue has grown by 256.2%, moving from $297K to $1.1M. Total assets increased by 100.3% over the same period, from $79K to $158K. Total functional expenses rose by 232.5%, from $288K to $957K. In its most recent filing year (2023), Roots Academy Incorporated reported a surplus of $102K, with revenue exceeding expenses. The organization holds $47K in liabilities against $158K in assets (debt-to-asset ratio: 29.9%), resulting in net assets of $111K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $957K | $158K | $47K | — | — |
| 2022 | $297K | $288K | $79K | $70K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Roots Academy Incorporated:
Data Sources and Methodology
This transparency report for Roots Academy Incorporated 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.