Seattle Amistad School
EIN: 452830425 · Seattle, WA · NTEE: B24
| Metric | Value |
|---|---|
| Total Revenue | $5.5M |
| Total Expenses | $4.2M |
| Net Assets | $-340 |
Is Seattle Amistad School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Seattle Amistad School
Seattle Amistad School (EIN: 452830425) is a nonprofit organization based in Seattle, WA, classified under NTEE code B24. The organization reported total revenue of $5.5M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seattle Amistad School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seattle Amistad School is a mid-size nonprofit that has been operating for 11 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 41.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $4.2M |
| Surplus / Deficit | $-406,149 |
| Total Assets | $3.7M |
| Total Liabilities | $3.7M |
| Net Assets | $-340 |
| Operating Margin | -10.6% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 10.5 months |
Financial Health Grade: C
In 2023, Seattle Amistad School reported a deficit of $406K with expenses exceeding revenue, holds 10.5 months of operating reserves (strong position), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Seattle Amistad School's revenue has grown at a compound annual growth rate (CAGR) of 41.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.0% | +1.4% | +414.3% |
| 2022 | -2.4% | +7.6% | +17.3% |
| 2021 | +20.5% | +7.1% | +23.5% |
| 2020 | +24.3% | +18.2% | +78.5% |
| 2019 | +38.0% | +49.2% | -23.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Seattle Amistad School 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 Seattle Amistad School 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 deficit of $406K, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Seattle Amistad School
Is Seattle Amistad School a legitimate charity?
Based on AI analysis of IRS 990 filings, Seattle Amistad School (EIN: 452830425) insufficient data. 0 red flags identified, 0 strengths noted.
How does Seattle Amistad School spend its money?
Detailed spending breakdown data is not yet available for Seattle Amistad School. Check back for updated IRS 990 analysis.
Are donations to Seattle Amistad School tax-deductible?
Seattle Amistad School is registered as a tax-exempt nonprofit (EIN: 452830425). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Seattle Amistad School located?
Seattle Amistad School is headquartered in Seattle, Washington and files with the IRS under EIN 452830425. It is classified under NTEE code B24.
How many years of IRS 990 filings does Seattle Amistad School have?
Seattle Amistad School has 11 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 $5.5M in total revenue.
Filing History
IRS 990 filing history for Seattle Amistad School showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Seattle Amistad School's revenue has grown by 3011.8%, moving from $123K to $3.8M. Total assets increased by 30090.6% over the same period, from $12K to $3.7M. Total functional expenses rose by 3513.6%, from $117K to $4.2M. In its most recent filing year (2023), Seattle Amistad School reported a deficit of $406K, with expenses exceeding revenue. The organization holds $3.7M in liabilities against $3.7M in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $-340.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $4.2M | $3.7M | $3.7M | — | — |
| 2022 | $4.2M | $4.2M | $721K | $534K | — | View 990 |
| 2021 | $4.3M | $3.9M | $615K | $412K | — | View 990 |
| 2020 | $3.5M | $3.6M | $498K | $674K | — | View 990 |
| 2019 | $2.8M | $3.1M | $279K | $371K | — | View 990 |
| 2018 | $2.1M | $2.1M | $366K | $237K | — | View 990 |
| 2017 | $1.6M | $1.6M | $280K | $157K | — | View 990 |
| 2016 | $1.3M | $1.2M | $285K | $166K | — | View 990 |
| 2015 | $901K | $913K | $175K | $142K | — | View 990 |
| 2014 | $407K | $350K | $74K | $6K | — | — |
| 2013 | $123K | $117K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $4.2M, and assets of $3.7M (revenue -8.0% year-over-year).
- 2022: Revenue of $4.2M, expenses of $4.2M, and assets of $721K (revenue -2.4% year-over-year).
- 2021: Revenue of $4.3M, expenses of $3.9M, and assets of $615K (revenue +20.5% year-over-year).
- 2020: Revenue of $3.5M, expenses of $3.6M, and assets of $498K (revenue +24.3% year-over-year).
- 2019: Revenue of $2.8M, expenses of $3.1M, and assets of $279K (revenue +38.0% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.1M, and assets of $366K (revenue +26.1% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.6M, and assets of $280K (revenue +23.7% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $285K (revenue +46.8% year-over-year).
- 2015: Revenue of $901K, expenses of $913K, and assets of $175K (revenue +121.5% year-over-year).
- 2014: Revenue of $407K, expenses of $350K, and assets of $74K (revenue +230.1% year-over-year).
- 2013: Revenue of $123K, expenses of $117K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seattle Amistad School:
Data Sources and Methodology
This transparency report for Seattle Amistad School 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.