Sol Aureus College Preparatory
EIN: 352191462 · Sacramento, CA · NTEE: B29
| Metric | Value |
|---|---|
| Total Revenue | $4.4M |
| Total Expenses | $4.5M |
| Net Assets | $3.4M |
Is Sol Aureus College Preparatory Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sol Aureus College Preparatory
Sol Aureus College Preparatory (EIN: 352191462) is a nonprofit organization based in Sacramento, CA, classified under NTEE code B29. The organization reported total revenue of $4.4M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sol Aureus College Preparatory's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sol Aureus College Preparatory is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $4.5M |
| Surplus / Deficit | +$68K |
| Total Assets | $5.7M |
| Total Liabilities | $2.3M |
| Net Assets | $3.4M |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 40.1% |
| Months of Reserves | 15.1 months |
Financial Health Grade: A
In 2023, Sol Aureus College Preparatory reported a surplus of $68K with revenue exceeding expenses, holds 15.1 months of operating reserves (strong position), has a debt-to-asset ratio of 40.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sol Aureus College Preparatory's revenue has grown at a compound annual growth rate (CAGR) of 17.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.5% | +1.7% | +33.6% |
| 2022 | -1.0% | +16.5% | -15.6% |
| 2021 | +3.2% | +10.2% | +24.8% |
| 2020 | +3.6% | +7.1% | +20.3% |
| 2019 | +27.8% | +6.0% | +22.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sol Aureus College Preparatory 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 Sol Aureus College Preparatory 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 surplus of $68K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.1%.
Frequently Asked Questions about Sol Aureus College Preparatory
Is Sol Aureus College Preparatory a legitimate charity?
Sol Aureus College Preparatory (EIN: 352191462) is a registered tax-exempt nonprofit based in California. It has 13 years of IRS 990 filings on record. Total revenue: $4.4M. No red flags identified. Financial health grade: A.
How does Sol Aureus College Preparatory spend its money?
Sol Aureus College Preparatory reported $4.4M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sol Aureus College Preparatory tax-deductible?
Sol Aureus College Preparatory is registered as a tax-exempt nonprofit (EIN: 352191462). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sol Aureus College Preparatory located?
Sol Aureus College Preparatory is headquartered in Sacramento, California and files with the IRS under EIN 352191462. It is classified under NTEE code B29.
How many years of IRS 990 filings does Sol Aureus College Preparatory have?
Sol Aureus College Preparatory 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 $4.4M in total revenue.
Filing History
IRS 990 filing history for Sol Aureus College Preparatory showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sol Aureus College Preparatory's revenue has grown by 600.2%, moving from $655K to $4.6M. Total assets increased by 1995.8% over the same period, from $271K to $5.7M. Total functional expenses rose by 646%, from $605K to $4.5M. In its most recent filing year (2023), Sol Aureus College Preparatory reported a surplus of $68K, with revenue exceeding expenses. The organization holds $2.3M in liabilities against $5.7M in assets (debt-to-asset ratio: 40.1%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.6M | $4.5M | $5.7M | $2.3M | — | View 990 |
| 2022 | $4.1M | $4.4M | $4.2M | $917K | — | View 990 |
| 2021 | $4.2M | $3.8M | $5.0M | $1.4M | — | View 990 |
| 2020 | $4.1M | $3.5M | $4.0M | $788K | — | View 990 |
| 2019 | $3.9M | $3.2M | $3.4M | $709K | — | View 990 |
| 2018 | $3.1M | $3.0M | $2.7M | $794K | — | View 990 |
| 2017 | $2.7M | $2.3M | $2.3M | $369K | — | View 990 |
| 2016 | $2.6M | $2.1M | $1.9M | $342K | — | View 990 |
| 2015 | $2.1M | $1.7M | $1.4M | $323K | — | View 990 |
| 2014 | $1.8M | $1.4M | $890K | $135K | — | View 990 |
| 2013 | $1.5M | $1.2M | $679K | $317K | — | View 990 |
| 2012 | $1.1M | $1.2M | $368K | $210K | — | View 990 |
| 2011 | $655K | $605K | $271K | $73K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.6M, expenses of $4.5M, and assets of $5.7M (revenue +10.5% year-over-year).
- 2022: Revenue of $4.1M, expenses of $4.4M, and assets of $4.2M (revenue -1.0% year-over-year).
- 2021: Revenue of $4.2M, expenses of $3.8M, and assets of $5.0M (revenue +3.2% year-over-year).
- 2020: Revenue of $4.1M, expenses of $3.5M, and assets of $4.0M (revenue +3.6% year-over-year).
- 2019: Revenue of $3.9M, expenses of $3.2M, and assets of $3.4M (revenue +27.8% year-over-year).
- 2018: Revenue of $3.1M, expenses of $3.0M, and assets of $2.7M (revenue +13.1% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.3M, and assets of $2.3M (revenue +5.5% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.1M, and assets of $1.9M (revenue +21.8% year-over-year).
- 2015: Revenue of $2.1M, expenses of $1.7M, and assets of $1.4M (revenue +17.2% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.4M, and assets of $890K (revenue +21.9% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.2M, and assets of $679K (revenue +30.7% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.2M, and assets of $368K (revenue +72.6% year-over-year).
- 2011: Revenue of $655K, expenses of $605K, and assets of $271K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sol Aureus College Preparatory:
Data Sources and Methodology
This transparency report for Sol Aureus College Preparatory 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.