United States Achievement Academy Scholarship Foundation Inc
United States Achievement Academy Scholarship Foundation Inc. revenue declined 99% from 2011 to 2019, with minimal assets.
EIN: 200145934 · Lexington, KY · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1K |
| Total Expenses | $2K |
| Net Assets | $0 |
| Transparency Score | 10/100 |
Is United States Achievement Academy Scholarship Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About United States Achievement Academy Scholarship Foundation Inc
United States Achievement Academy Scholarship Foundation Inc (EIN: 200145934) is a nonprofit organization based in Lexington, KY, classified under NTEE code B82. The organization reported total revenue of $1K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United States Achievement Academy Scholarship Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United States Achievement Academy Scholarship Foundation Inc is a micro nonprofit that has been operating for 22 years, with 6 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -48.2%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $2K |
| Surplus / Deficit | $-550 |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | -53.6% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2019, United States Achievement Academy Scholarship Foundation Inc reported a deficit of $550 with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 6 years of filings (2011–2019), United States Achievement Academy Scholarship Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -48.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -97.9% | -97.1% | -99.8% |
| 2015 | -49.2% | -44.2% | -61.8% |
| 2014 | -33.3% | -34.0% | -6.5% |
| 2013 | -22.8% | -22.4% | -31.2% |
| 2012 | -3.6% | -2.7% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates United States Achievement Academy Scholarship Foundation 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: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, United States Achievement Academy Scholarship Foundation Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $550, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based. This is appropriate given the organization's extremely low revenue and asset base, as any compensation would be unsustainable.
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 United States Achievement Academy Scholarship Foundation Inc's IRS 990 filings:
- 99% decline in revenue from 2011 to 2019, indicating severe financial instability.
- Assets of only $1 in the latest filing (2019), suggesting no significant financial reserves or operational capacity.
- Expenses consistently exceeding revenue in multiple periods (e.g., $1,576 expenses vs. $1,026 revenue in 2019), leading to net deficits.
- Lack of clear program spending in recent filings given the minimal financial activity.
Strengths
The following positive indicators were identified for United States Achievement Academy Scholarship Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating a volunteer-led structure and no financial burden from executive salaries.
Frequently Asked Questions about United States Achievement Academy Scholarship Foundation Inc
Is United States Achievement Academy Scholarship Foundation Inc a legitimate charity?
United States Achievement Academy Scholarship Foundation Inc (EIN: 200145934) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 10/100. It has 6 years of IRS 990 filings on record. Total revenue: $1K. 4 red flags identified. 1 strength noted. Financial health grade: D.
How does United States Achievement Academy Scholarship Foundation Inc spend its money?
United States Achievement Academy Scholarship Foundation Inc reported $1K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to United States Achievement Academy Scholarship Foundation Inc tax-deductible?
United States Achievement Academy Scholarship Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200145934). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does United States Achievement Academy Scholarship Foundation Inc compare to similar nonprofits?
With a transparency score of 10/100 (Very Poor), United States Achievement Academy Scholarship Foundation Inc is below average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is United States Achievement Academy Scholarship Foundation Inc located?
United States Achievement Academy Scholarship Foundation Inc is headquartered in Lexington, Kentucky and files with the IRS under EIN 200145934. It is classified under NTEE code B82.
How many years of IRS 990 filings does United States Achievement Academy Scholarship Foundation Inc have?
United States Achievement Academy Scholarship Foundation Inc has 6 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 $1K in total revenue.
Is United States Achievement Academy Scholarship Foundation Inc. still actively operating?
Based on the drastic decline in revenue to $1,026 in 2019 and assets of only $1, it is highly questionable whether the organization is still actively operating or effectively fulfilling its mission.
What caused the significant decline in revenue?
The IRS 990 data alone does not specify the cause of the revenue decline from $198,137 in 2011 to $1,026 in 2019, but such a sharp drop often indicates a loss of major funding sources, cessation of programs, or organizational dormancy.
Filing History
IRS 990 filing history for United States Achievement Academy Scholarship Foundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2019), United States Achievement Academy Scholarship Foundation Inc's revenue has declined by 99.5%, moving from $198K to $1K. Total assets decreased by 100% over the same period, from $2K to $1. Total functional expenses fell by 99.2%, from $198K to $2K. In its most recent filing year (2019), United States Achievement Academy Scholarship Foundation Inc reported a deficit of $550, with expenses exceeding revenue. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $1K | $2K | $1 | $1 | — | View 990 |
| 2015 | $50K | $55K | $585 | $16K | — | View 990 |
| 2014 | $98K | $99K | $2K | $12K | — | View 990 |
| 2013 | $147K | $150K | $2K | $12K | — | View 990 |
| 2012 | $191K | $193K | $2K | $10K | — | View 990 |
| 2011 | $198K | $198K | $2K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $1K, expenses of $2K, and assets of $1 (revenue -97.9% year-over-year).
- 2015: Revenue of $50K, expenses of $55K, and assets of $585 (revenue -49.2% year-over-year).
- 2014: Revenue of $98K, expenses of $99K, and assets of $2K (revenue -33.3% year-over-year).
- 2013: Revenue of $147K, expenses of $150K, and assets of $2K (revenue -22.8% year-over-year).
- 2012: Revenue of $191K, expenses of $193K, and assets of $2K (revenue -3.6% year-over-year).
- 2011: Revenue of $198K, expenses of $198K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United States Achievement Academy Scholarship Foundation Inc:
Data Sources and Methodology
This transparency report for United States Achievement Academy Scholarship 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.