Torah Academy Of Jacksonville Inc
EIN: 260067800 · Jacksonville, FL · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Net Assets | $343K |
Is Torah Academy Of Jacksonville Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Torah Academy Of Jacksonville Inc
Torah Academy Of Jacksonville Inc (EIN: 260067800) is a nonprofit organization based in Jacksonville, FL, classified under NTEE code B20. The organization reported total revenue of $1.4M and total assets of $437K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Torah Academy Of Jacksonville Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Torah Academy Of Jacksonville Inc is a mid-size nonprofit that has been operating for 13 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$73K |
| Total Assets | $405K |
| Total Liabilities | $61K |
| Net Assets | $343K |
| Operating Margin | 5.2% |
| Debt-to-Asset Ratio | 15.2% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2024, Torah Academy Of Jacksonville Inc reported a surplus of $73K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 15.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Torah Academy Of Jacksonville Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +32.1% | +20.9% | +17.3% |
| 2023 | +2.5% | +11.3% | -25.5% |
| 2022 | +8.1% | +18.9% | -19.3% |
| 2021 | -0.7% | +0.5% | +46.0% |
| 2020 | +34.6% | +7.6% | +215.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7120 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Torah Academy Of Jacksonville Inc 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 Torah Academy Of Jacksonville Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $73K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.2%.
Frequently Asked Questions about Torah Academy Of Jacksonville Inc
Is Torah Academy Of Jacksonville Inc a legitimate charity?
Torah Academy Of Jacksonville Inc (EIN: 260067800) is a registered tax-exempt nonprofit based in Florida. It has 14 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. Financial health grade: A.
How does Torah Academy Of Jacksonville Inc spend its money?
Torah Academy Of Jacksonville Inc reported $1.4M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Torah Academy Of Jacksonville Inc tax-deductible?
Torah Academy Of Jacksonville Inc is registered as a tax-exempt nonprofit (EIN: 260067800). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Torah Academy Of Jacksonville Inc located?
Torah Academy Of Jacksonville Inc is headquartered in Jacksonville, Florida and files with the IRS under EIN 260067800. It is classified under NTEE code B20.
How many years of IRS 990 filings does Torah Academy Of Jacksonville Inc have?
Torah Academy Of Jacksonville Inc has 14 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Torah Academy Of Jacksonville Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Torah Academy Of Jacksonville Inc's revenue has grown by 250.3%, moving from $402K to $1.4M. Total assets increased by 252.8% over the same period, from $115K to $405K. Total functional expenses rose by 230.8%, from $403K to $1.3M. In its most recent filing year (2024), Torah Academy Of Jacksonville Inc reported a surplus of $73K, with revenue exceeding expenses. The organization holds $61K in liabilities against $405K in assets (debt-to-asset ratio: 15.2%), resulting in net assets of $343K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.4M | $1.3M | $405K | $61K | — | View 990 |
| 2023 | $1.1M | $1.1M | $345K | $75K | — | View 990 |
| 2022 | $1.0M | $992K | $463K | $68K | — | View 990 |
| 2021 | $963K | $835K | $574K | $227K | — | View 990 |
| 2020 | $969K | $830K | $393K | $174K | — | View 990 |
| 2019 | $720K | $772K | $125K | $44K | — | View 990 |
| 2018 | $689K | $707K | $164K | $32K | — | View 990 |
| 2017 | $712K | $654K | $167K | $17K | — | View 990 |
| 2016 | $567K | $573K | $110K | $18K | — | View 990 |
| 2015 | $690K | $640K | $161K | $64K | — | View 990 |
| 2014 | $291K | $302K | $110K | $53K | — | View 990 |
| 2013 | $445K | $471K | $199K | $131K | — | View 990 |
| 2012 | $403K | $416K | $95K | $118K | — | View 990 |
| 2011 | $402K | $403K | $115K | $126K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.4M, expenses of $1.3M, and assets of $405K (revenue +32.1% year-over-year).
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $345K (revenue +2.5% year-over-year).
- 2022: Revenue of $1.0M, expenses of $992K, and assets of $463K (revenue +8.1% year-over-year).
- 2021: Revenue of $963K, expenses of $835K, and assets of $574K (revenue -0.7% year-over-year).
- 2020: Revenue of $969K, expenses of $830K, and assets of $393K (revenue +34.6% year-over-year).
- 2019: Revenue of $720K, expenses of $772K, and assets of $125K (revenue +4.5% year-over-year).
- 2018: Revenue of $689K, expenses of $707K, and assets of $164K (revenue -3.3% year-over-year).
- 2017: Revenue of $712K, expenses of $654K, and assets of $167K (revenue +25.6% year-over-year).
- 2016: Revenue of $567K, expenses of $573K, and assets of $110K (revenue -17.8% year-over-year).
- 2015: Revenue of $690K, expenses of $640K, and assets of $161K (revenue +136.8% year-over-year).
- 2014: Revenue of $291K, expenses of $302K, and assets of $110K (revenue -34.5% year-over-year).
- 2013: Revenue of $445K, expenses of $471K, and assets of $199K (revenue +10.2% year-over-year).
- 2012: Revenue of $403K, expenses of $416K, and assets of $95K (revenue +0.4% year-over-year).
- 2011: Revenue of $402K, expenses of $403K, and assets of $115K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Torah Academy Of Jacksonville Inc:
Data Sources and Methodology
This transparency report for Torah Academy Of Jacksonville 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.