Saints Academy Inc
Saints Academy Inc. shows consistent revenue growth and asset accumulation, but 2023 saw a deficit and a significant increase in liabilities.
EIN: 201081121 · Orlando, FL · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.9M |
| Program Spending | 80% |
| Net Assets | $125K |
| Transparency Score | 75/100 |
Is Saints Academy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Saints Academy Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Saints Academy Inc
Saints Academy Inc (EIN: 201081121) is a nonprofit organization based in Orlando, FL, classified under NTEE code B24. The organization reported total revenue of $1.6M and total assets of $755K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saints Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saints Academy Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-67,937 |
| Total Assets | $1.1M |
| Total Liabilities | $935K |
| Net Assets | $125K |
| Operating Margin | -3.7% |
| Debt-to-Asset Ratio | 88.2% |
| Months of Reserves | 6.8 months |
Financial Health Grade: C
In 2023, Saints Academy Inc reported a deficit of $68K with expenses exceeding revenue, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 88.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Saints Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.2% | +7.1% | -6.4% |
| 2022 | +22.4% | +15.9% | +24.0% |
| 2021 | -15.2% | -6.5% | +12.1% |
| 2020 | +18.5% | +267.9% | +112.9% |
| 2019 | +5.5% | -3.7% | -6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Saints Academy Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Saints Academy Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $68K, with expenses exceeding revenue.
- Debt-to-asset ratio: 88.2%.
Executive Compensation Analysis
Saints Academy Inc. consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly unusual for an organization of its size and revenue.
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.
Red Flags
The following concerns were identified during AI analysis of Saints Academy Inc's IRS 990 filings:
- Significant increase in liabilities to $934,772 in 2023, up from $149,900 in previous years, without clear explanation.
- Consistent reporting of 0% officer compensation, which is highly unusual for an organization with over $1.5 million in annual revenue and expenses, potentially indicating non-transparent compensation structures or an unsustainable reliance on unpaid leadership.
Strengths
The following positive indicators were identified for Saints Academy Inc:
- Consistent revenue growth, with annual revenue exceeding $1.5 million in recent years.
- Significant asset growth from $29,528 in 2014 to $1,060,204 in 2023, indicating financial stability and resource accumulation.
- No reported officer compensation, suggesting a commitment to minimizing executive overhead and potentially maximizing funds for programs.
Frequently Asked Questions about Saints Academy Inc
Is Saints Academy Inc a legitimate charity?
Saints Academy Inc (EIN: 201081121) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Saints Academy Inc spend its money?
Saints Academy Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Saints Academy Inc tax-deductible?
Saints Academy Inc is registered as a tax-exempt nonprofit (EIN: 201081121). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Saints Academy Inc's spending goes to programs?
Saints Academy Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Saints Academy Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Saints Academy Inc is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Saints Academy Inc located?
Saints Academy Inc is headquartered in Orlando, Florida and files with the IRS under EIN 201081121. It is classified under NTEE code B24.
How many years of IRS 990 filings does Saints Academy Inc have?
Saints Academy 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 $1.6M in total revenue.
What caused the significant increase in liabilities to $934,772 in 2023?
The provided data does not specify the nature of these liabilities, but their sudden increase from $149,900 in prior years is a key financial question for the organization.
How does Saints Academy Inc. manage to operate without reporting any officer compensation?
The filings consistently show 0% officer compensation, which suggests that executive leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation, which is uncommon for an organization with over $1.8 million in annual expenses.
What is the detailed breakdown of program, administrative, and fundraising expenses for Saints Academy Inc.?
The provided summary data does not offer this level of detail, making it challenging to precisely evaluate spending efficiency beyond the absence of officer compensation.
Filing History
IRS 990 filing history for Saints Academy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Saints Academy Inc's revenue has grown by 1249.1%, moving from $135K to $1.8M. Total functional expenses rose by 1317.9%, from $133K to $1.9M. In its most recent filing year (2023), Saints Academy Inc reported a deficit of $68K, with expenses exceeding revenue. The organization holds $935K in liabilities against $1.1M in assets (debt-to-asset ratio: 88.2%), resulting in net assets of $125K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.9M | $1.1M | $935K | — | View 990 |
| 2022 | $2.0M | $1.8M | $1.1M | $150K | — | View 990 |
| 2021 | $1.6M | $1.5M | $914K | $150K | — | View 990 |
| 2020 | $1.9M | $1.6M | $815K | $150K | — | View 990 |
| 2019 | $1.6M | $441K | $383K | $0 | — | View 990 |
| 2018 | $1.5M | $458K | $410K | $16K | — | View 990 |
| 2017 | $1.3M | $366K | $377K | $0 | — | View 990 |
| 2016 | $1.1M | $976K | $334K | $0 | — | View 990 |
| 2015 | $859K | $757K | $132K | $0 | — | View 990 |
| 2014 | $558K | $543K | $30K | $0 | — | View 990 |
| 2013 | $348K | $345K | $14K | $0 | — | View 990 |
| 2012 | $206K | $197K | $12K | $0 | — | View 990 |
| 2011 | $135K | $133K | $-4,033 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.9M, and assets of $1.1M (revenue -8.2% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.8M, and assets of $1.1M (revenue +22.4% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.5M, and assets of $914K (revenue -15.2% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.6M, and assets of $815K (revenue +18.5% year-over-year).
- 2019: Revenue of $1.6M, expenses of $441K, and assets of $383K (revenue +5.5% year-over-year).
- 2018: Revenue of $1.5M, expenses of $458K, and assets of $410K (revenue +16.3% year-over-year).
- 2017: Revenue of $1.3M, expenses of $366K, and assets of $377K (revenue +17.7% year-over-year).
- 2016: Revenue of $1.1M, expenses of $976K, and assets of $334K (revenue +29.7% year-over-year).
- 2015: Revenue of $859K, expenses of $757K, and assets of $132K (revenue +54.0% year-over-year).
- 2014: Revenue of $558K, expenses of $543K, and assets of $30K (revenue +60.4% year-over-year).
- 2013: Revenue of $348K, expenses of $345K, and assets of $14K (revenue +68.4% year-over-year).
- 2012: Revenue of $206K, expenses of $197K, and assets of $12K (revenue +53.4% year-over-year).
- 2011: Revenue of $135K, expenses of $133K, and assets of $-4,033.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saints Academy Inc:
Data Sources and Methodology
This transparency report for Saints 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.