Tov Academy Foundation
EIN: 461510638 · Overland Park, KS · NTEE: T50
| Metric | Value |
|---|---|
| Total Revenue | $330K |
| Total Expenses | $69K |
| Net Assets | $855K |
Is Tov Academy Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tov Academy Foundation
Tov Academy Foundation (EIN: 461510638) is a nonprofit organization based in Overland Park, KS, classified under NTEE code T50. The organization reported total revenue of $330K and total assets of $869K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tov Academy Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tov Academy Foundation is a small nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $69K |
| Surplus / Deficit | $-36,032 |
| Total Assets | $855K |
| Total Liabilities | $1 |
| Net Assets | $855K |
| Operating Margin | -107.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 147.6 months |
Financial Health Grade: B
In 2023, Tov Academy Foundation reported a deficit of $36K with expenses exceeding revenue, holds 147.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2014–2023), Tov Academy Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -124.7% | +21.9% | -9.9% |
| 2021 | -28.0% | +23.8% | +1.8% |
| 2020 | -62.9% | +12.0% | +4.2% |
| 2019 | +1011.5% | +37.5% | +78.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tov Academy Foundation 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 Tov Academy Foundation 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 $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Tov Academy Foundation
Is Tov Academy Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Tov Academy Foundation (EIN: 461510638) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tov Academy Foundation spend its money?
Detailed spending breakdown data is not yet available for Tov Academy Foundation. Check back for updated IRS 990 analysis.
Are donations to Tov Academy Foundation tax-deductible?
Tov Academy Foundation is registered as a tax-exempt nonprofit (EIN: 461510638). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tov Academy Foundation located?
Tov Academy Foundation is headquartered in Overland Park, Kansas and files with the IRS under EIN 461510638. It is classified under NTEE code T50.
How many years of IRS 990 filings does Tov Academy Foundation have?
Tov Academy Foundation has 7 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 $330K in total revenue.
Filing History
IRS 990 filing history for Tov Academy Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Tov Academy Foundation's revenue has grown by 130.3%, moving from $15K to $33K. Total assets increased by 65.5% over the same period, from $516K to $855K. Total functional expenses rose by 140.3%, from $29K to $69K. In its most recent filing year (2023), Tov Academy Foundation reported a deficit of $36K, with expenses exceeding revenue. The organization holds $1 in liabilities against $855K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $855K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $69K | $855K | $1 | — | View 990 |
| 2022 | $-26,597 | $71K | $891K | $1 | — | View 990 |
| 2021 | $108K | $58K | $989K | $1 | — | — |
| 2020 | $150K | $47K | $971K | $1 | — | View 990 |
| 2019 | $403K | $42K | $932K | $1 | — | View 990 |
| 2015 | $36K | $31K | $522K | $1 | — | View 990 |
| 2014 | $15K | $29K | $516K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33K, expenses of $69K, and assets of $855K.
- 2022: Revenue of $-26,597, expenses of $71K, and assets of $891K (revenue -124.7% year-over-year).
- 2021: Revenue of $108K, expenses of $58K, and assets of $989K (revenue -28.0% year-over-year).
- 2020: Revenue of $150K, expenses of $47K, and assets of $971K (revenue -62.9% year-over-year).
- 2019: Revenue of $403K, expenses of $42K, and assets of $932K (revenue +1011.5% year-over-year).
- 2015: Revenue of $36K, expenses of $31K, and assets of $522K (revenue +149.6% year-over-year).
- 2014: Revenue of $15K, expenses of $29K, and assets of $516K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tov Academy Foundation:
Data Sources and Methodology
This transparency report for Tov Academy Foundation 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.