Steam Academy
EIN: 832162621 · Inver Grove, MN
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.6M |
| Net Assets | $66K |
Is Steam Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Steam Academy
Steam Academy (EIN: 832162621) is a nonprofit organization based in Inver Grove, MN. The organization reported total revenue of $1.2M and total assets of $780K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Steam Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Steam Academy is a mid-size nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-226,301 |
| Total Assets | $625K |
| Total Liabilities | $558K |
| Net Assets | $66K |
| Operating Margin | -16.7% |
| Debt-to-Asset Ratio | 89.4% |
| Months of Reserves | 4.7 months |
Financial Health Grade: C
In 2023, Steam Academy reported a deficit of $226K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 89.4% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Steam Academy's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.7% | +59.8% | +81.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Steam Academy 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 Steam Academy 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 $226K, with expenses exceeding revenue.
- Debt-to-asset ratio: 89.4%.
Frequently Asked Questions about Steam Academy
Is Steam Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Steam Academy (EIN: 832162621) insufficient data. 0 red flags identified, 0 strengths noted.
How does Steam Academy spend its money?
Detailed spending breakdown data is not yet available for Steam Academy. Check back for updated IRS 990 analysis.
Are donations to Steam Academy tax-deductible?
Steam Academy is registered as a tax-exempt nonprofit (EIN: 832162621). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Steam Academy located?
Steam Academy is headquartered in Inver Grove, Minnesota and files with the IRS under EIN 832162621.
How many years of IRS 990 filings does Steam Academy have?
Steam Academy has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.2M in total revenue.
Filing History
IRS 990 filing history for Steam Academy showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Steam Academy's revenue has grown by 5.7%, moving from $1.3M to $1.4M. Total assets increased by 81% over the same period, from $345K to $625K. Total functional expenses rose by 59.8%, from $990K to $1.6M. In its most recent filing year (2023), Steam Academy reported a deficit of $226K, with expenses exceeding revenue. The organization holds $558K in liabilities against $625K in assets (debt-to-asset ratio: 89.4%), resulting in net assets of $66K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.6M | $625K | $558K | — | View 990 |
| 2022 | $1.3M | $990K | $345K | $52K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Steam Academy:
Data Sources and Methodology
This transparency report for Steam 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.