Santa Rosa Academy Incorporated
Santa Rosa Academy shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 203165841 · Menifee, CA · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $26.0M |
| Total Expenses | $19.8M |
| Program Spending | 85% |
| Net Assets | $17.2M |
| Transparency Score | 88/100 |
Is Santa Rosa Academy Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Santa Rosa Academy Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Santa Rosa Academy Incorporated
Santa Rosa Academy Incorporated (EIN: 203165841) is a nonprofit organization based in Menifee, CA, classified under NTEE code B29. The organization reported total revenue of $26.0M and total assets of $80.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Santa Rosa Academy Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Santa Rosa Academy Incorporated is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26.0M |
| Total Expenses | $19.8M |
| Surplus / Deficit | +$6.2M |
| Total Assets | $50.1M |
| Total Liabilities | $33.0M |
| Net Assets | $17.2M |
| Operating Margin | 24.0% |
| Debt-to-Asset Ratio | 65.8% |
| Months of Reserves | 30.5 months |
Financial Health Grade: A
In 2023, Santa Rosa Academy Incorporated reported a surplus of $6.2M with revenue exceeding expenses, holds 30.5 months of operating reserves (strong position), has a debt-to-asset ratio of 65.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Santa Rosa Academy Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 14.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.3% | +1.4% | +8.5% |
| 2022 | -6.9% | +19.5% | +2.2% |
| 2021 | +7.3% | +3.2% | -2.8% |
| 2020 | -0.4% | +9.4% | +1.4% |
| 2019 | +11.3% | +5.2% | +4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Santa Rosa Academy Incorporated with a Mission Score of 88 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, Santa Rosa Academy Incorporated 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 $6.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 65.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is not drawing salaries from the nonprofit, which is a strong positive for directing funds to its 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.
Red Flags
The following concerns were identified during AI analysis of Santa Rosa Academy Incorporated's IRS 990 filings:
- High liabilities relative to assets, such as $32,980,586 in liabilities against $50,137,247 in assets in 2023, warrant further investigation into their nature and repayment terms.
Strengths
The following positive indicators were identified for Santa Rosa Academy Incorporated:
- Strong and consistent revenue growth, from $9.4M in 2014 to $25.9M in 2023.
- Significant asset accumulation, reaching over $50M in 2023.
- Consistent reporting of 0% officer compensation, indicating strong financial stewardship and mission focus.
- Healthy surplus in most years, with revenue exceeding expenses (e.g., $25.9M revenue vs. $19.7M expenses in 2023).
- Clear alignment with its NTEE code (B29 - Elementary, Secondary Education) suggesting a focused program.
Frequently Asked Questions about Santa Rosa Academy Incorporated
Is Santa Rosa Academy Incorporated a legitimate charity?
Santa Rosa Academy Incorporated (EIN: 203165841) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $26.0M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Santa Rosa Academy Incorporated spend its money?
Santa Rosa Academy Incorporated directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Santa Rosa Academy Incorporated tax-deductible?
Santa Rosa Academy Incorporated is registered as a tax-exempt nonprofit (EIN: 203165841). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Santa Rosa Academy Incorporated's spending goes to programs?
Santa Rosa Academy Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Santa Rosa Academy Incorporated compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Santa Rosa Academy Incorporated is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Santa Rosa Academy Incorporated located?
Santa Rosa Academy Incorporated is headquartered in Menifee, California and files with the IRS under EIN 203165841. It is classified under NTEE code B29.
How many years of IRS 990 filings does Santa Rosa Academy Incorporated have?
Santa Rosa Academy Incorporated 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 $26.0M in total revenue.
Is Santa Rosa Academy Incorporated a good charity?
Based on the available IRS 990 data, Santa Rosa Academy Incorporated appears to be a financially healthy organization with strong revenue growth, increasing assets, and a consistent record of 0% officer compensation, suggesting good stewardship of funds. However, a deeper understanding of its liabilities would provide a more complete picture.
What is the trend in Santa Rosa Academy's revenue?
Santa Rosa Academy has shown significant revenue growth, increasing from $9,430,403 in 2014 to $25,976,715 in 2023, indicating strong financial expansion.
How has Santa Rosa Academy's asset base changed over time?
The organization's assets have grown substantially, from $29,045,765 in 2014 to $50,137,247 in 2023, demonstrating a healthy accumulation of resources.
What is the organization's approach to executive compensation?
Santa Rosa Academy consistently reports 0% officer compensation, indicating that its leadership is not compensated through the organization's funds, which is a strong positive for financial transparency and mission focus.
Filing History
IRS 990 filing history for Santa Rosa Academy Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Santa Rosa Academy Incorporated's revenue has grown by 428.6%, moving from $4.9M to $26.0M. Total assets increased by 1861.8% over the same period, from $2.6M to $50.1M. Total functional expenses rose by 400.6%, from $3.9M to $19.8M. In its most recent filing year (2023), Santa Rosa Academy Incorporated reported a surplus of $6.2M, with revenue exceeding expenses. The organization holds $33.0M in liabilities against $50.1M in assets (debt-to-asset ratio: 65.8%), resulting in net assets of $17.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26.0M | $19.8M | $50.1M | $33.0M | — | View 990 |
| 2022 | $16.7M | $19.5M | $46.2M | $35.3M | — | View 990 |
| 2021 | $18.0M | $16.3M | $45.2M | $31.5M | — | View 990 |
| 2020 | $16.7M | $15.8M | $46.5M | $34.5M | — | View 990 |
| 2019 | $16.8M | $14.4M | $45.9M | $33.8M | — | View 990 |
| 2018 | $15.1M | $13.7M | $43.9M | $34.4M | — | View 990 |
| 2017 | $15.1M | $13.2M | $43.3M | $35.1M | — | View 990 |
| 2016 | $14.9M | $14.4M | $40.8M | $34.5M | — | View 990 |
| 2015 | $12.1M | $10.6M | $29.7M | $23.9M | — | View 990 |
| 2014 | $9.4M | $8.7M | $29.0M | $24.8M | — | View 990 |
| 2013 | $6.8M | $6.2M | $29.0M | $25.4M | — | View 990 |
| 2012 | $6.4M | $5.6M | $27.6M | $24.6M | — | View 990 |
| 2011 | $4.9M | $3.9M | $2.6M | $354K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $26.0M, expenses of $19.8M, and assets of $50.1M (revenue +55.3% year-over-year).
- 2022: Revenue of $16.7M, expenses of $19.5M, and assets of $46.2M (revenue -6.9% year-over-year).
- 2021: Revenue of $18.0M, expenses of $16.3M, and assets of $45.2M (revenue +7.3% year-over-year).
- 2020: Revenue of $16.7M, expenses of $15.8M, and assets of $46.5M (revenue -0.4% year-over-year).
- 2019: Revenue of $16.8M, expenses of $14.4M, and assets of $45.9M (revenue +11.3% year-over-year).
- 2018: Revenue of $15.1M, expenses of $13.7M, and assets of $43.9M (revenue -0.3% year-over-year).
- 2017: Revenue of $15.1M, expenses of $13.2M, and assets of $43.3M (revenue +2.0% year-over-year).
- 2016: Revenue of $14.9M, expenses of $14.4M, and assets of $40.8M (revenue +22.7% year-over-year).
- 2015: Revenue of $12.1M, expenses of $10.6M, and assets of $29.7M (revenue +28.3% year-over-year).
- 2014: Revenue of $9.4M, expenses of $8.7M, and assets of $29.0M (revenue +39.6% year-over-year).
- 2013: Revenue of $6.8M, expenses of $6.2M, and assets of $29.0M (revenue +6.3% year-over-year).
- 2012: Revenue of $6.4M, expenses of $5.6M, and assets of $27.6M (revenue +29.3% year-over-year).
- 2011: Revenue of $4.9M, expenses of $3.9M, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Santa Rosa Academy Incorporated:
Data Sources and Methodology
This transparency report for Santa Rosa 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.