Southwest Leadership Academy
Southwest Leadership Academy shows significant asset growth but faces fluctuating annual deficits and high liabilities.
EIN: 201804098 · Philadelphia, PA · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.3M |
| Total Expenses | $13.6M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $-723,472 |
| Transparency Score | 65/100 |
Is Southwest Leadership Academy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southwest Leadership Academy directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southwest Leadership Academy
Southwest Leadership Academy (EIN: 201804098) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code B29. The organization reported total revenue of $14.3M and total assets of $15.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southwest Leadership Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southwest Leadership Academy is a large nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.0M |
| Total Expenses | $13.6M |
| Surplus / Deficit | $-2,651,642 |
| Total Assets | $11.5M |
| Total Liabilities | $12.2M |
| Net Assets | $-723,472 |
| Operating Margin | -24.2% |
| Debt-to-Asset Ratio | 106.3% |
| Months of Reserves | 10.1 months |
Financial Health Grade: C
In 2023, Southwest Leadership Academy reported a deficit of $2.7M with expenses exceeding revenue, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 106.3% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Southwest Leadership Academy's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.6% | +2.0% | -20.2% |
| 2022 | +14.7% | +28.2% | +4.7% |
| 2021 | +14.3% | -2.4% | +6.0% |
| 2020 | +5.6% | +0.6% | +4.5% |
| 2019 | +44.1% | +55.5% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Southwest Leadership Academy with a Mission Score of 65 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: 75%
- fundraising: 10%
According to IRS 990 filings, Southwest Leadership Academy allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $2.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 106.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with revenues exceeding $10 million annually. This suggests that executive leadership may be compensated through other means not categorized as 'officer compensation' or that the organization operates with an entirely volunteer executive team, which would be highly atypical for its scale.
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 Southwest Leadership Academy's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and revenue.
- Liabilities ($12,241,177) exceeded assets ($11,517,705) in fiscal year 2023, indicating potential financial strain.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering full transparency assessment.
Strengths
The following positive indicators were identified for Southwest Leadership Academy:
- Significant growth in assets from $1.4 million in 2013 to $11.5 million in 2023, indicating expansion.
- Consistent revenue generation, with latest reported revenue at $14,277,734.
- Long filing history (12 filings), suggesting established operations and compliance.
Frequently Asked Questions about Southwest Leadership Academy
Is Southwest Leadership Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Southwest Leadership Academy (EIN: 201804098) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Southwest Leadership Academy spend its money?
Southwest Leadership Academy directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Southwest Leadership Academy tax-deductible?
Southwest Leadership Academy is registered as a tax-exempt nonprofit (EIN: 201804098). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Southwest Leadership Academy CEO make?
Southwest Leadership Academy's highest-compensated officer earns $10 annually. The organization reported $14.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Southwest Leadership Academy's spending goes to programs?
Southwest Leadership Academy directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Southwest Leadership Academy compare to similar nonprofits?
With a transparency score of 65/100 (Good), Southwest Leadership Academy 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 Southwest Leadership Academy located?
Southwest Leadership Academy is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 201804098. It is classified under NTEE code B29.
How many years of IRS 990 filings does Southwest Leadership Academy have?
Southwest Leadership Academy has 12 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 $14.3M in total revenue.
How does Southwest Leadership Academy manage to report 0% officer compensation given its scale?
The consistent reporting of 0% officer compensation across all filings for an organization with over $10 million in annual revenue is highly unusual. This could indicate that executive leadership is compensated through a related party, a management company, or that the roles are entirely volunteer, which would require further investigation to understand the full compensation structure.
What is the breakdown of expenses into program, administrative, and fundraising costs?
The provided IRS 990 data does not include a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for assessing the organization's spending efficiency and how effectively funds are directed towards its mission.
Why did liabilities exceed assets in fiscal year 2023 ($12,241,177 vs $11,517,705)?
In fiscal year 2023, Southwest Leadership Academy's liabilities ($12,241,177) exceeded its assets ($11,517,705). This indicates a potentially precarious financial position, suggesting a reliance on debt or deferred revenue that is greater than its current holdings, which could impact long-term financial stability.
What caused the significant increase in expenses in 2023 ($13,623,867) compared to 2022 ($13,356,617) and previous years?
Expenses in 2023 ($13,623,867) were higher than in 2022 ($13,356,617) and significantly higher than in earlier years like 2021 ($10,420,215). Without a detailed breakdown, it's unclear what specific operational costs or investments led to this increase, and whether it was primarily program-related or due to other factors.
Filing History
IRS 990 filing history for Southwest Leadership Academy showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Southwest Leadership Academy's revenue has grown by 170.7%, moving from $4.1M to $11.0M. Total assets increased by 1497.4% over the same period, from $721K to $11.5M. Total functional expenses rose by 253.8%, from $3.9M to $13.6M. In its most recent filing year (2023), Southwest Leadership Academy reported a deficit of $2.7M, with expenses exceeding revenue. The organization holds $12.2M in liabilities against $11.5M in assets (debt-to-asset ratio: 106.3%), resulting in net assets of $-723,472.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.0M | $13.6M | $11.5M | $12.2M | — | — |
| 2022 | $13.5M | $13.4M | $14.4M | $12.5M | — | View 990 |
| 2021 | $11.7M | $10.4M | $13.8M | $11.8M | — | — |
| 2020 | $10.3M | $10.7M | $13.0M | $12.3M | — | View 990 |
| 2019 | $9.7M | $10.6M | $12.5M | $11.4M | — | View 990 |
| 2018 | $6.7M | $6.8M | $12.7M | $10.7M | — | View 990 |
| 2017 | $6.4M | $6.1M | $3.3M | $1.3M | — | View 990 |
| 2016 | $5.8M | $5.6M | $2.5M | $776K | — | View 990 |
| 2014 | $5.2M | $5.1M | $1.6M | $420K | — | View 990 |
| 2013 | $4.9M | $4.4M | $1.4M | $363K | — | View 990 |
| 2012 | $4.4M | $4.2M | $900K | $361K | — | View 990 |
| 2011 | $4.1M | $3.9M | $721K | $371K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.0M, expenses of $13.6M, and assets of $11.5M (revenue -18.6% year-over-year).
- 2022: Revenue of $13.5M, expenses of $13.4M, and assets of $14.4M (revenue +14.7% year-over-year).
- 2021: Revenue of $11.7M, expenses of $10.4M, and assets of $13.8M (revenue +14.3% year-over-year).
- 2020: Revenue of $10.3M, expenses of $10.7M, and assets of $13.0M (revenue +5.6% year-over-year).
- 2019: Revenue of $9.7M, expenses of $10.6M, and assets of $12.5M (revenue +44.1% year-over-year).
- 2018: Revenue of $6.7M, expenses of $6.8M, and assets of $12.7M (revenue +6.1% year-over-year).
- 2017: Revenue of $6.4M, expenses of $6.1M, and assets of $3.3M (revenue +10.2% year-over-year).
- 2016: Revenue of $5.8M, expenses of $5.6M, and assets of $2.5M (revenue +11.2% year-over-year).
- 2014: Revenue of $5.2M, expenses of $5.1M, and assets of $1.6M (revenue +6.3% year-over-year).
- 2013: Revenue of $4.9M, expenses of $4.4M, and assets of $1.4M (revenue +11.2% year-over-year).
- 2012: Revenue of $4.4M, expenses of $4.2M, and assets of $900K (revenue +8.3% year-over-year).
- 2011: Revenue of $4.1M, expenses of $3.9M, and assets of $721K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southwest Leadership Academy:
Data Sources and Methodology
This transparency report for Southwest Leadership 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.