Ryan Academy Of Norfolk Inc
EIN: 541503239 · Norfolk, VA · NTEE: B24
| Metric | Value |
|---|---|
| Total Revenue | $411K |
| Total Expenses | $335K |
| Net Assets | $39K |
Is Ryan Academy Of Norfolk Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ryan Academy Of Norfolk Inc
Ryan Academy Of Norfolk Inc (EIN: 541503239) is a nonprofit organization based in Norfolk, VA, classified under NTEE code B24. The organization reported total revenue of $411K and total assets of $56K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ryan Academy Of Norfolk Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ryan Academy Of Norfolk Inc is a small nonprofit that has been operating for 13 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $347K |
| Total Expenses | $335K |
| Surplus / Deficit | +$12K |
| Total Assets | $39K |
| Net Assets | $39K |
| Operating Margin | 3.4% |
| Months of Reserves | 1.4 months |
Financial Health Grade: A
In 2023, Ryan Academy Of Norfolk Inc reported a surplus of $12K with revenue exceeding expenses, holds 1.4 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Ryan Academy Of Norfolk Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | -1.8% | +43.3% |
| 2022 | +2.0% | +0.5% | -3.6% |
| 2021 | +7.8% | +23.8% | -21.0% |
| 2020 | +29.7% | +24.1% | +5.7% |
| 2019 | +17.8% | +10.0% | +526.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ryan Academy Of Norfolk 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 Ryan Academy Of Norfolk 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
Frequently Asked Questions about Ryan Academy Of Norfolk Inc
Is Ryan Academy Of Norfolk Inc a legitimate charity?
Ryan Academy Of Norfolk Inc (EIN: 541503239) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $411K. No red flags identified. Financial health grade: A.
How does Ryan Academy Of Norfolk Inc spend its money?
Ryan Academy Of Norfolk Inc reported $411K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ryan Academy Of Norfolk Inc tax-deductible?
Ryan Academy Of Norfolk Inc is registered as a tax-exempt nonprofit (EIN: 541503239). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ryan Academy Of Norfolk Inc located?
Ryan Academy Of Norfolk Inc is headquartered in Norfolk, Virginia and files with the IRS under EIN 541503239. It is classified under NTEE code B24.
How many years of IRS 990 filings does Ryan Academy Of Norfolk Inc have?
Ryan Academy Of Norfolk Inc has 13 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 $411K in total revenue.
Filing History
IRS 990 filing history for Ryan Academy Of Norfolk Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ryan Academy Of Norfolk Inc's revenue has declined by 9%, moving from $381K to $347K. Total assets increased by 131.2% over the same period, from $17K to $39K. Total functional expenses fell by 15%, from $394K to $335K. In its most recent filing year (2023), Ryan Academy Of Norfolk Inc reported a surplus of $12K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $347K | $335K | $39K | $0 | — | View 990 |
| 2022 | $342K | $341K | $27K | $0 | — | View 990 |
| 2021 | $336K | $340K | $28K | $2K | — | — |
| 2020 | $311K | $274K | $36K | $500 | — | View 990 |
| 2019 | $240K | $221K | $34K | $22K | — | View 990 |
| 2018 | $204K | $201K | $5K | $6K | — | View 990 |
| 2017 | $196K | $179K | $17K | $17K | — | View 990 |
| 2016 | $155K | $143K | $10K | $10K | — | View 990 |
| 2015 | $158K | $153K | $40K | $40K | — | View 990 |
| 2014 | $42K | $34K | $31K | $53K | — | View 990 |
| 2013 | $328K | $307K | $40K | $23K | — | View 990 |
| 2012 | $347K | $326K | $57K | $61K | — | View 990 |
| 2011 | $381K | $394K | $17K | $23K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $347K, expenses of $335K, and assets of $39K (revenue +1.4% year-over-year).
- 2022: Revenue of $342K, expenses of $341K, and assets of $27K (revenue +2.0% year-over-year).
- 2021: Revenue of $336K, expenses of $340K, and assets of $28K (revenue +7.8% year-over-year).
- 2020: Revenue of $311K, expenses of $274K, and assets of $36K (revenue +29.7% year-over-year).
- 2019: Revenue of $240K, expenses of $221K, and assets of $34K (revenue +17.8% year-over-year).
- 2018: Revenue of $204K, expenses of $201K, and assets of $5K (revenue +4.0% year-over-year).
- 2017: Revenue of $196K, expenses of $179K, and assets of $17K (revenue +26.4% year-over-year).
- 2016: Revenue of $155K, expenses of $143K, and assets of $10K (revenue -1.7% year-over-year).
- 2015: Revenue of $158K, expenses of $153K, and assets of $40K (revenue +274.4% year-over-year).
- 2014: Revenue of $42K, expenses of $34K, and assets of $31K (revenue -87.2% year-over-year).
- 2013: Revenue of $328K, expenses of $307K, and assets of $40K (revenue -5.3% year-over-year).
- 2012: Revenue of $347K, expenses of $326K, and assets of $57K (revenue -9.1% year-over-year).
- 2011: Revenue of $381K, expenses of $394K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ryan Academy Of Norfolk Inc:
Data Sources and Methodology
This transparency report for Ryan Academy Of Norfolk 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.