Scenicview Academy Inc
Scenicview Academy Inc. shows extreme financial volatility with significant deficits in recent years.
EIN: 203604973 · Provo, UT · NTEE: B20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.5M |
| Total Expenses | $22.4M |
| Program Spending | 70% |
| Net Assets | $169K |
| Transparency Score | 45/100 |
Is Scenicview Academy Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Scenicview Academy Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Scenicview Academy Inc
Scenicview Academy Inc (EIN: 203604973) is a nonprofit organization based in Provo, UT, classified under NTEE code B20. The organization reported total revenue of $8.5M and total assets of $497K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scenicview Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scenicview Academy Inc is a mid-size 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 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.2M |
| Total Expenses | $22.4M |
| Surplus / Deficit | $-16,214,348 |
| Total Assets | $927K |
| Total Liabilities | $759K |
| Net Assets | $169K |
| Operating Margin | -262.0% |
| Debt-to-Asset Ratio | 81.8% |
| Months of Reserves | 0.5 months |
Financial Health Grade: D
In 2023, Scenicview Academy Inc reported a deficit of $16.2M with expenses exceeding revenue, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 81.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Scenicview Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.4% | -81.0% | -94.5% |
| 2022 | -76.3% | +1879.4% | -89.6% |
| 2021 | +216.1% | +6.1% | +8.3% |
| 2020 | +15.1% | -1.5% | +5.6% |
| 2019 | +12.2% | -0.6% | +18.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Scenicview Academy Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Scenicview Academy Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 81.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a positive sign for resource allocation directly to mission-related activities, especially given the organization's fluctuating financial health.
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 Scenicview Academy Inc's IRS 990 filings:
- Extreme financial volatility with massive year-over-year swings in revenue, expenses, and assets.
- Significant deficits in 2022 ($113,353,304) and 2023 ($16,214,348), raising sustainability concerns.
- Drastic reduction in assets from $162,572,745 in 2021 to $927,429 in 2023, unexplained by the data.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary, hindering efficiency analysis.
Strengths
The following positive indicators were identified for Scenicview Academy Inc:
- Consistent reporting of 0% officer compensation, indicating resources are not diverted to executive salaries.
- History of substantial assets in prior years (e.g., $162M in 2021), suggesting past financial capacity.
Frequently Asked Questions about Scenicview Academy Inc
Is Scenicview Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Scenicview Academy Inc (EIN: 203604973) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Scenicview Academy Inc spend its money?
Scenicview Academy Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Scenicview Academy Inc tax-deductible?
Scenicview Academy Inc is registered as a tax-exempt nonprofit (EIN: 203604973). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Scenicview Academy Inc's spending goes to programs?
Scenicview Academy Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Scenicview Academy Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Scenicview Academy Inc is near average for NTEE category B20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Scenicview Academy Inc located?
Scenicview Academy Inc is headquartered in Provo, Utah and files with the IRS under EIN 203604973. It is classified under NTEE code B20.
How many years of IRS 990 filings does Scenicview Academy Inc have?
Scenicview 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 $8.5M in total revenue.
What caused the massive expense spikes in 2022 ($117,700,512) and 2023 ($22,403,122) compared to prior years?
The filings do not provide specific details for these extreme expense increases, but such large fluctuations warrant further investigation into the nature of these expenditures.
Why did assets drop from $162,572,745 in 2021 to $927,429 in 2023?
This significant decrease in assets over a short period is a major concern and suggests a substantial divestment or loss of assets, which is not explained in the provided data.
How does Scenicview Academy Inc. sustain operations with such large deficits in recent years?
The organization's ability to continue operating despite significant deficits in 2022 and 2023, and the drastic reduction in assets, raises questions about its funding model and financial sustainability.
What is the specific breakdown of program, administrative, and fundraising expenses for the most recent periods?
The provided data does not offer a detailed breakdown of expenses into these categories, which would be crucial for a more precise spending efficiency analysis.
Filing History
IRS 990 filing history for Scenicview Academy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Scenicview Academy Inc's revenue has grown by 213.9%, moving from $2.0M to $6.2M. Total assets decreased by 98.8% over the same period, from $74.7M to $927K. Total functional expenses rose by 351.4%, from $5.0M to $22.4M. In its most recent filing year (2023), Scenicview Academy Inc reported a deficit of $16.2M, with expenses exceeding revenue. The organization holds $759K in liabilities against $927K in assets (debt-to-asset ratio: 81.8%), resulting in net assets of $169K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.2M | $22.4M | $927K | $759K | — | View 990 |
| 2022 | $4.3M | $117.7M | $16.9M | $492K | — | View 990 |
| 2021 | $18.4M | $5.9M | $162.6M | $691K | — | View 990 |
| 2020 | $5.8M | $5.6M | $150.1M | $646K | — | View 990 |
| 2019 | $5.1M | $5.7M | $142.1M | $638K | — | View 990 |
| 2018 | $4.5M | $5.7M | $120.0M | $580K | — | View 990 |
| 2017 | $7.0M | $5.3M | $129.0M | $506K | — | View 990 |
| 2016 | $2.8M | $5.2M | $120.2M | $481K | — | View 990 |
| 2015 | $7.9M | $5.4M | $118.3M | $443K | — | View 990 |
| 2014 | $54.8M | $5.2M | $127.2M | $431K | — | View 990 |
| 2013 | $2.8M | $4.9M | $78.5M | $431K | — | View 990 |
| 2012 | $3.3M | $4.8M | $76.8M | $397K | — | View 990 |
| 2011 | $2.0M | $5.0M | $74.7M | $357K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.2M, expenses of $22.4M, and assets of $927K (revenue +42.4% year-over-year).
- 2022: Revenue of $4.3M, expenses of $117.7M, and assets of $16.9M (revenue -76.3% year-over-year).
- 2021: Revenue of $18.4M, expenses of $5.9M, and assets of $162.6M (revenue +216.1% year-over-year).
- 2020: Revenue of $5.8M, expenses of $5.6M, and assets of $150.1M (revenue +15.1% year-over-year).
- 2019: Revenue of $5.1M, expenses of $5.7M, and assets of $142.1M (revenue +12.2% year-over-year).
- 2018: Revenue of $4.5M, expenses of $5.7M, and assets of $120.0M (revenue -35.6% year-over-year).
- 2017: Revenue of $7.0M, expenses of $5.3M, and assets of $129.0M (revenue +149.4% year-over-year).
- 2016: Revenue of $2.8M, expenses of $5.2M, and assets of $120.2M (revenue -64.3% year-over-year).
- 2015: Revenue of $7.9M, expenses of $5.4M, and assets of $118.3M (revenue -85.7% year-over-year).
- 2014: Revenue of $54.8M, expenses of $5.2M, and assets of $127.2M (revenue +1855.0% year-over-year).
- 2013: Revenue of $2.8M, expenses of $4.9M, and assets of $78.5M (revenue -15.5% year-over-year).
- 2012: Revenue of $3.3M, expenses of $4.8M, and assets of $76.8M (revenue +68.2% year-over-year).
- 2011: Revenue of $2.0M, expenses of $5.0M, and assets of $74.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scenicview Academy Inc:
Data Sources and Methodology
This transparency report for Scenicview 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.