The Eagle Academy Foundation Inc

The Eagle Academy Foundation Inc shows consistent revenue growth and strong asset accumulation with 0% officer compensation.

EIN: 201532382 · New York, NY · Updated: 2026-03-28

$5.7MRevenue
$5.7MGross Revenue
$5.6MAssets
90/100Mission Score (Excellent)
The Eagle Academy Foundation Inc Financial Summary
MetricValue
Total Revenue$5.7M
Total Expenses$3.5M
Program Spending85%
CEO/Top Officer Pay$4
Net Assets$3.2M
Transparency Score90/100

Is The Eagle Academy Foundation Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

The Eagle Academy Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About The Eagle Academy Foundation Inc

The Eagle Academy Foundation Inc (EIN: 201532382) is a nonprofit organization based in New York, NY. The organization reported total revenue of $5.7M and total assets of $5.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Eagle Academy Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

The Eagle Academy Foundation Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$4.7M
Total Expenses$3.5M
Surplus / Deficit+$1.2M
Total Assets$3.8M
Total Liabilities$542K
Net Assets$3.2M
Operating Margin26.3%
Debt-to-Asset Ratio14.4%
Months of Reserves12.9 months

Financial Health Grade: A

In 2023, The Eagle Academy Foundation Inc reported a surplus of $1.2M with revenue exceeding expenses, holds 12.9 months of operating reserves (strong position), has a debt-to-asset ratio of 14.4% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), The Eagle Academy Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023+15.0%+5.9%+54.4%
2022-1.1%-17.5%+42.9%
2021+46.0%-3.3%+16.0%
2020-40.3%+13.8%-37.9%
2019+55.1%+20.5%+78.1%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Eagle Academy Foundation Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past several years, culminating in $4,734,015 in revenue for the period ending June 2023. The organization has also shown a positive trend in asset accumulation, reaching $3,760,384 in 2023, indicating sound financial management and capacity building. Spending efficiency appears strong, with expenses consistently lower than revenue in recent periods, such as $3,487,220 in expenses against $4,734,015 in revenue in 2023, allowing for surplus generation and asset growth. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards programmatic activities rather than executive salaries, which enhances transparency and donor confidence.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Eagle Academy Foundation Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, The Eagle Academy Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$4.7MTotal Revenue
$3.5MTotal Expenses
$3.8MTotal Assets
$542KTotal Liabilities
$3.2MNet Assets
  • The organization reported a surplus of $1.2M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 14.4%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly positive indicator for a nonprofit of its size, with recent revenues exceeding $4 million, suggesting a strong commitment to directing resources to its mission.

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.

Strengths

The following positive indicators were identified for The Eagle Academy Foundation Inc:

  • Consistent revenue growth, from $2.4M in 2014 to $4.7M in 2023.
  • Strong asset accumulation, growing from $734K in 2014 to $3.7M in 2023.
  • 0% officer compensation reported across all filings, indicating high efficiency and mission focus.
  • Expenses consistently lower than revenue in recent years, allowing for surplus and asset growth.
  • Healthy balance sheet with assets significantly exceeding liabilities.

Frequently Asked Questions about The Eagle Academy Foundation Inc

Is The Eagle Academy Foundation Inc a legitimate charity?

The Eagle Academy Foundation Inc (EIN: 201532382) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.7M. No red flags identified. 5 strengths noted. Financial health grade: A.

How does The Eagle Academy Foundation Inc spend its money?

The Eagle Academy Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to The Eagle Academy Foundation Inc tax-deductible?

The Eagle Academy Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201532382). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the The Eagle Academy Foundation Inc CEO make?

The Eagle Academy Foundation Inc's highest-compensated officer earns $4 annually. The organization reported $5.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of The Eagle Academy Foundation Inc's spending goes to programs?

The Eagle Academy Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is The Eagle Academy Foundation Inc located?

The Eagle Academy Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 201532382.

How many years of IRS 990 filings does The Eagle Academy Foundation Inc have?

The Eagle Academy Foundation Inc 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 $5.7M in total revenue.

Is The Eagle Academy Foundation Inc a good charity?

Based on the available financial data, The Eagle Academy Foundation Inc appears to be a good charity. It demonstrates consistent revenue growth, strong asset accumulation, and a notable commitment to its mission by reporting 0% officer compensation across all filings, indicating efficient use of funds.

How has the organization's financial health changed over time?

The organization's financial health has generally improved over time. Revenue has grown from $2,405,630 in 2014 to $4,734,015 in 2023, and assets have increased significantly from $734,589 to $3,760,384 in the same period, indicating robust growth and financial stability.

What is the organization's approach to executive compensation?

The Eagle Academy Foundation Inc reports 0% officer compensation in all available IRS 990 filings. This suggests a highly conservative approach to executive pay, with all reported officers not receiving compensation from the organization itself, which is a strong positive for transparency and resource allocation.

Does the organization manage its liabilities effectively?

The organization appears to manage its liabilities effectively. While liabilities have fluctuated, they remain a relatively small portion of total assets. For example, in 2023, liabilities were $541,593 compared to assets of $3,760,384, indicating a healthy balance sheet.

Filing History

IRS 990 filing history for The Eagle Academy Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), The Eagle Academy Foundation Inc's revenue has grown by 298.4%, moving from $1.2M to $4.7M. Total assets increased by 670.7% over the same period, from $488K to $3.8M. Total functional expenses rose by 168.1%, from $1.3M to $3.5M. In its most recent filing year (2023), The Eagle Academy Foundation Inc reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $542K in liabilities against $3.8M in assets (debt-to-asset ratio: 14.4%), resulting in net assets of $3.2M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $4.7M $3.5M $3.8M $542K
2022 $4.1M $3.3M $2.4M $463K View 990
2021 $4.2M $4.0M $1.7M $553K View 990
2020 $2.9M $4.1M $1.5M $504K View 990
2019 $4.8M $3.6M $2.4M $141K View 990
2018 $3.1M $3.0M $1.3M $257K View 990
2017 $2.3M $2.6M $1.0M $12K View 990
2016 $2.4M $2.4M $1.4M $7K View 990
2015 $2.5M $1.8M $1.4M $12K View 990
2014 $2.4M $1.8M $735K $11K View 990
2013 $1.8M $1.7M $275K $165K View 990
2012 $1.7M $1.6M $519K $447K View 990
2011 $1.2M $1.3M $488K $454K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $4.7M, expenses of $3.5M, and assets of $3.8M (revenue +15.0% year-over-year).
  • 2022: Revenue of $4.1M, expenses of $3.3M, and assets of $2.4M (revenue -1.1% year-over-year).
  • 2021: Revenue of $4.2M, expenses of $4.0M, and assets of $1.7M (revenue +46.0% year-over-year).
  • 2020: Revenue of $2.9M, expenses of $4.1M, and assets of $1.5M (revenue -40.3% year-over-year).
  • 2019: Revenue of $4.8M, expenses of $3.6M, and assets of $2.4M (revenue +55.1% year-over-year).
  • 2018: Revenue of $3.1M, expenses of $3.0M, and assets of $1.3M (revenue +36.7% year-over-year).
  • 2017: Revenue of $2.3M, expenses of $2.6M, and assets of $1.0M (revenue -7.6% year-over-year).
  • 2016: Revenue of $2.4M, expenses of $2.4M, and assets of $1.4M (revenue -0.5% year-over-year).
  • 2015: Revenue of $2.5M, expenses of $1.8M, and assets of $1.4M (revenue +2.0% year-over-year).
  • 2014: Revenue of $2.4M, expenses of $1.8M, and assets of $735K (revenue +35.3% year-over-year).
  • 2013: Revenue of $1.8M, expenses of $1.7M, and assets of $275K (revenue +7.8% year-over-year).
  • 2012: Revenue of $1.7M, expenses of $1.6M, and assets of $519K (revenue +38.9% year-over-year).
  • 2011: Revenue of $1.2M, expenses of $1.3M, and assets of $488K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for The Eagle Academy Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for The Eagle Academy Foundation Inc 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.

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