The Intown Academy Inc
The Intown Academy Inc reports $0 revenue and assets in its latest filing, indicating potential cessation of operations.
EIN: 205830622 · Atlanta, GA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $4.6M |
| Transparency Score | 10/100 |
Is The Intown Academy Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Intown Academy Inc
The Intown Academy Inc (EIN: 205830622) is a nonprofit organization based in Atlanta, GA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Intown Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Intown Academy Inc is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $4.6M |
| Surplus / Deficit | $-744,207 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -19.2% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2015, The Intown Academy Inc reported a deficit of $744K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2011–2015), The Intown Academy Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +4.0% | +23.6% | -100.0% |
| 2014 | +21.2% | +28.8% | +23.1% |
| 2013 | -0.9% | +2.2% | -20.6% |
| 2012 | -32.3% | -28.4% | -8.3% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Intown Academy Inc with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, The Intown Academy Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $744K, with expenses exceeding revenue.
Executive Compensation Analysis
Historically, The Intown Academy Inc reported 0% officer compensation across all available filings, suggesting that no salaries were paid to its officers, which is unusual for an organization with multi-million dollar revenues. This could indicate a volunteer-led executive team or a different compensation structure not captured as 'officer compensation'.
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 The Intown Academy Inc's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential cessation of operations.
- Expenses exceeded revenue in the 2015 filing ($4,627,470 vs. $3,883,263), suggesting financial strain prior to the current state.
Strengths
The following positive indicators were identified for The Intown Academy Inc:
- Historically reported 0% officer compensation, indicating a potential commitment to minimizing executive overhead.
Frequently Asked Questions about The Intown Academy Inc
Is The Intown Academy Inc a legitimate charity?
The Intown Academy Inc (EIN: 205830622) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 10/100. It has 5 years of IRS 990 filings on record. 2 red flags identified. 1 strength noted. Financial health grade: C.
How does The Intown Academy Inc spend its money?
The Intown Academy Inc reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Intown Academy Inc tax-deductible?
The Intown Academy Inc is registered as a tax-exempt nonprofit (EIN: 205830622). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Intown Academy Inc located?
The Intown Academy Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 205830622.
How many years of IRS 990 filings does The Intown Academy Inc have?
The Intown Academy Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is The Intown Academy Inc still operational?
The latest IRS 990 filing showing $0 in revenue and assets strongly suggests that The Intown Academy Inc may no longer be operational or has significantly scaled down its activities to a point of non-existence financially.
What caused the sudden drop to $0 revenue and assets?
The provided data does not offer specific reasons for the drastic decline from multi-million dollar revenues to $0. This would require further investigation into the organization's public statements or more detailed financial disclosures.
How did the organization manage its finances prior to the $0 filing?
Prior to the $0 filing, the organization generally had multi-million dollar revenues and expenses. In 2015, expenses ($4,627,470) exceeded revenue ($3,883,263), indicating a deficit. In other years, like 2013 and 2012, revenue slightly exceeded expenses, but overall, the financial health was not consistently robust.
Filing History
IRS 990 filing history for The Intown Academy Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), The Intown Academy Inc's revenue has declined by 15.4%, moving from $4.6M to $3.9M. Total assets decreased by 100% over the same period, from $1.6M to $0. Total functional expenses rose by 16.4%, from $4.0M to $4.6M. In its most recent filing year (2015), The Intown Academy Inc reported a deficit of $744K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $3.9M | $4.6M | $0 | $0 | — | View 990 |
| 2014 | $3.7M | $3.7M | $1.5M | $538K | — | View 990 |
| 2013 | $3.1M | $2.9M | $1.2M | $254K | — | View 990 |
| 2012 | $3.1M | $2.8M | $1.5M | $733K | — | View 990 |
| 2011 | $4.6M | $4.0M | $1.6M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $3.9M, expenses of $4.6M, and assets of $0 (revenue +4.0% year-over-year).
- 2014: Revenue of $3.7M, expenses of $3.7M, and assets of $1.5M (revenue +21.2% year-over-year).
- 2013: Revenue of $3.1M, expenses of $2.9M, and assets of $1.2M (revenue -0.9% year-over-year).
- 2012: Revenue of $3.1M, expenses of $2.8M, and assets of $1.5M (revenue -32.3% year-over-year).
- 2011: Revenue of $4.6M, expenses of $4.0M, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Intown Academy Inc:
Data Sources and Methodology
This transparency report for The Intown Academy 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.