Runestone Academy Ltd
EIN: 874310817 · Luck, WI · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $169K |
| Total Expenses | $101K |
| Net Assets | $8K |
Is Runestone Academy Ltd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Runestone Academy Ltd
Runestone Academy Ltd (EIN: 874310817) is a nonprofit organization based in Luck, WI, classified under NTEE code B90. The organization reported total revenue of $169K and total assets of $104K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Runestone Academy Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Runestone Academy Ltd is a small nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 30.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $108K |
| Total Expenses | $101K |
| Surplus / Deficit | +$7K |
| Total Assets | $14K |
| Total Liabilities | $6K |
| Net Assets | $8K |
| Operating Margin | 6.6% |
| Debt-to-Asset Ratio | 41.7% |
| Months of Reserves | 1.6 months |
Financial Health Grade: A
In 2023, Runestone Academy Ltd reported a surplus of $7K with revenue exceeding expenses, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 41.7% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), Runestone Academy Ltd's revenue has grown at a compound annual growth rate (CAGR) of 30.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.9% | +23.5% | -9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Runestone Academy Ltd 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 Runestone Academy Ltd 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 $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.7%.
Frequently Asked Questions about Runestone Academy Ltd
Is Runestone Academy Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Runestone Academy Ltd (EIN: 874310817) insufficient data. 0 red flags identified, 0 strengths noted.
How does Runestone Academy Ltd spend its money?
Detailed spending breakdown data is not yet available for Runestone Academy Ltd. Check back for updated IRS 990 analysis.
Are donations to Runestone Academy Ltd tax-deductible?
Runestone Academy Ltd is registered as a tax-exempt nonprofit (EIN: 874310817). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Runestone Academy Ltd located?
Runestone Academy Ltd is headquartered in Luck, Wisconsin and files with the IRS under EIN 874310817. It is classified under NTEE code B90.
How many years of IRS 990 filings does Runestone Academy Ltd have?
Runestone Academy Ltd 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 $169K in total revenue.
Filing History
IRS 990 filing history for Runestone Academy Ltd showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Runestone Academy Ltd's revenue has grown by 30.9%, moving from $83K to $108K. Total assets decreased by 9.3% over the same period, from $15K to $14K. Total functional expenses rose by 23.5%, from $82K to $101K. In its most recent filing year (2023), Runestone Academy Ltd reported a surplus of $7K, with revenue exceeding expenses. The organization holds $6K in liabilities against $14K in assets (debt-to-asset ratio: 41.7%), resulting in net assets of $8K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $108K | $101K | $14K | $6K | — | View 990 |
| 2022 | $83K | $82K | $15K | $14K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Runestone Academy Ltd:
Data Sources and Methodology
This transparency report for Runestone Academy Ltd 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.