Telos Academy Llc
EIN: 371755860 · Orem, UT · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.4M |
| Net Assets | $197K |
Is Telos Academy Llc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Telos Academy Llc
Telos Academy Llc (EIN: 371755860) is a nonprofit organization based in Orem, UT, classified under NTEE code B20. The organization reported total revenue of $1.1M and total assets of $208K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Telos Academy Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Telos Academy Llc is a mid-size nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-57,273 |
| Total Assets | $225K |
| Total Liabilities | $28K |
| Net Assets | $197K |
| Operating Margin | -4.2% |
| Debt-to-Asset Ratio | 12.4% |
| Months of Reserves | 1.9 months |
Financial Health Grade: C
In 2023, Telos Academy Llc reported a deficit of $57K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 12.4% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Telos Academy Llc's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.4% | -13.5% | -38.1% |
| 2022 | -14.0% | +4.9% | +4.7% |
| 2021 | +1.7% | -6.9% | -27.5% |
| 2020 | -3.3% | -5.1% | +127.2% |
| 2019 | +23.9% | +22.4% | -17.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Telos Academy Llc 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 Telos Academy Llc 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 $57K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.4%.
Frequently Asked Questions about Telos Academy Llc
Is Telos Academy Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Telos Academy Llc (EIN: 371755860) insufficient data. 0 red flags identified, 0 strengths noted.
How does Telos Academy Llc spend its money?
Detailed spending breakdown data is not yet available for Telos Academy Llc. Check back for updated IRS 990 analysis.
Are donations to Telos Academy Llc tax-deductible?
Telos Academy Llc is registered as a tax-exempt nonprofit (EIN: 371755860). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Telos Academy Llc located?
Telos Academy Llc is headquartered in Orem, Utah and files with the IRS under EIN 371755860. It is classified under NTEE code B20.
How many years of IRS 990 filings does Telos Academy Llc have?
Telos Academy Llc has 10 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Telos Academy Llc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Telos Academy Llc's revenue has grown by 52.8%, moving from $882K to $1.3M. Total assets increased by 273.1% over the same period, from $60K to $225K. Total functional expenses rose by 70.4%, from $825K to $1.4M. In its most recent filing year (2023), Telos Academy Llc reported a deficit of $57K, with expenses exceeding revenue. The organization holds $28K in liabilities against $225K in assets (debt-to-asset ratio: 12.4%), resulting in net assets of $197K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.4M | $225K | $28K | — | — |
| 2022 | $1.5M | $1.6M | $364K | $1K | — | View 990 |
| 2021 | $1.7M | $1.5M | $347K | $4K | — | View 990 |
| 2020 | $1.7M | $1.7M | $479K | $281K | — | View 990 |
| 2019 | $1.7M | $1.8M | $211K | $12K | — | View 990 |
| 2018 | $1.4M | $1.4M | $254K | $24K | — | View 990 |
| 2017 | $1.2M | $1.2M | $272K | $0 | — | View 990 |
| 2016 | $1.2M | $1.2M | $268K | $7K | — | View 990 |
| 2015 | $976K | $840K | $197K | $4K | — | View 990 |
| 2014 | $882K | $825K | $60K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.4M, and assets of $225K (revenue -7.4% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.6M, and assets of $364K (revenue -14.0% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.5M, and assets of $347K (revenue +1.7% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.7M, and assets of $479K (revenue -3.3% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.8M, and assets of $211K (revenue +23.9% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $254K (revenue +11.7% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $272K (revenue +1.5% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $268K (revenue +25.5% year-over-year).
- 2015: Revenue of $976K, expenses of $840K, and assets of $197K (revenue +10.6% year-over-year).
- 2014: Revenue of $882K, expenses of $825K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Telos Academy Llc:
Data Sources and Methodology
This transparency report for Telos Academy Llc 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.