Sequatchie Valley Preparatory Academy

Sequatchie Valley Preparatory Academy operates with no reported officer compensation but faces occasional annual deficits.

EIN: 134214040 · Dunlap, TN · NTEE: B25 · Updated: 2026-03-28

$136KRevenue

$224KAssets

75/100Mission Score (Good)

B25

About Sequatchie Valley Preparatory Academy

Sequatchie Valley Preparatory Academy (EIN: 134214040) is a nonprofit organization based in Dunlap, TN, classified under NTEE code B25. The organization reported total revenue of $136K and total assets of $224K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sequatchie Valley Preparatory Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Sequatchie Valley Preparatory Academy demonstrates a consistent operational presence, with revenues fluctuating over the past decade but generally staying within the $100,000 to $250,000 range. The organization's assets have shown growth, reaching $223,888 in the latest period, indicating some financial stability. However, the most recent filing (Period 202307) shows expenses ($129,634) exceeding revenue ($121,962), resulting in a net deficit for that year. This trend of expenses occasionally surpassing revenue is observed in several past periods (e.g., 202307, 202107, 202007), suggesting a need for careful financial management to ensure long-term sustainability.

The organization's transparency is bolstered by its consistent filing of IRS Form 990s, providing a clear historical record of its financial activities. A significant positive aspect is the reported 0% officer compensation across all available filings, which suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, potentially indicating a strong commitment to directing funds towards the mission. The NTEE code B25 (Elementary & Secondary Education) aligns with its name, indicating a clear programmatic focus.

While the organization maintains a modest asset base, the recurring deficits in some years warrant attention. The absence of reported officer compensation is a strong indicator of efficiency and dedication. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data, a precise assessment of spending efficiency is challenging. The overall financial health appears stable but with periods of operational deficits that require monitoring.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Sequatchie Valley Preparatory Academy 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, Sequatchie Valley Preparatory Academy 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer or compensated in a manner not categorized as officer compensation, which is highly favorable for a nonprofit of its size.

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 Sequatchie Valley Preparatory Academy's IRS 990 filings:

Recurring operational deficits in multiple years (e.g., 202307, 202107, 202007) where expenses exceeded revenue.
Fluctuating revenue stream, making long-term financial planning potentially challenging.

Strengths

The following positive indicators were identified for Sequatchie Valley Preparatory Academy:

Consistent IRS 990 filing history, demonstrating transparency.
0% reported officer compensation across all filings, indicating strong dedication to mission.
Maintained operations for over a decade, showing resilience.
Clear programmatic focus as an educational institution (NTEE B25).

Frequently Asked Questions about Sequatchie Valley Preparatory Academy

Is Sequatchie Valley Preparatory Academy financially stable?

While the organization has maintained operations for over a decade and has a modest asset base of $223,888, it has experienced several years where expenses exceeded revenue, such as in 202307 ($129,634 expenses vs. $121,962 revenue). This suggests periods of financial strain, though it has consistently recovered.

How does Sequatchie Valley Preparatory Academy manage its leadership compensation?

The organization reports 0% officer compensation in all available IRS 990 filings, indicating that its leadership is not compensated through traditional officer salaries, which is a strong positive for directing funds to its mission.

What are the trends in the organization's revenue and expenses?

Revenue has fluctuated between approximately $100,000 and $240,000 over the past decade. Expenses have generally followed a similar pattern, but have exceeded revenue in several periods (e.g., 202307, 202107, 202007), leading to operational deficits in those years.

Filing History

IRS 990 filing history for Sequatchie Valley Preparatory Academy showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2014–2023), Sequatchie Valley Preparatory Academy's revenue has declined by 6.6%, moving from $131K to $122K. Total assets increased by 118.4% over the same period, from $87K to $189K. Total functional expenses rose by 4.1%, from $125K to $130K. In its most recent filing year (2023), Sequatchie Valley Preparatory Academy reported a deficit of $8K, with expenses exceeding revenue. The organization holds $55K in liabilities against $189K in assets (debt-to-asset ratio: 29.1%), resulting in net assets of $134K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$122K	$130K	$189K	$55K	—	—
2022	$190K	$134K	$168K	$23K	—	View 990
2021	$102K	$124K	$174K	$4K	—	—
2020	$137K	$174K	$200K	$8K	—	—
2019	$243K	$202K	$281K	$2K	—	View 990
2018	$242K	$171K	$453K	$0	—	View 990
2017	$156K	$117K	$268K	$15K	—	View 990
2016	$196K	$144K	$155K	$0	—	View 990
2015	$221K	$123K	$190K	$0	—	View 990
2014	$131K	$125K	$87K	$9K	—	—

Year-by-Year Financial Summary

2023: Revenue of $122K, expenses of $130K, and assets of $189K (revenue -35.7% year-over-year).
2022: Revenue of $190K, expenses of $134K, and assets of $168K (revenue +86.0% year-over-year).
2021: Revenue of $102K, expenses of $124K, and assets of $174K (revenue -25.4% year-over-year).
2020: Revenue of $137K, expenses of $174K, and assets of $200K (revenue -43.6% year-over-year).
2019: Revenue of $243K, expenses of $202K, and assets of $281K (revenue +0.4% year-over-year).
2018: Revenue of $242K, expenses of $171K, and assets of $453K (revenue +55.2% year-over-year).
2017: Revenue of $156K, expenses of $117K, and assets of $268K (revenue -20.5% year-over-year).
2016: Revenue of $196K, expenses of $144K, and assets of $155K (revenue -11.4% year-over-year).
2015: Revenue of $221K, expenses of $123K, and assets of $190K (revenue +69.4% year-over-year).
2014: Revenue of $131K, expenses of $125K, and assets of $87K.

Data Sources and Methodology

This transparency report for Sequatchie Valley Preparatory Academy 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.