Voices College Bound Language Academies
Voices College Bound Language Academies shows strong revenue growth and consistent program spending over the last decade.
EIN: 204741060 · San Jose, CA · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28.1M |
| Total Expenses | $22.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $16.4M |
| Transparency Score | 88/100 |
Is Voices College Bound Language Academies Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Voices College Bound Language Academies directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Voices College Bound Language Academies
Voices College Bound Language Academies (EIN: 204741060) is a nonprofit organization based in San Jose, CA, classified under NTEE code B29. The organization reported total revenue of $28.1M and total assets of $45.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Voices College Bound Language Academies's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Voices College Bound Language Academies is a large nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23.7M |
| Total Expenses | $22.4M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $38.4M |
| Total Liabilities | $21.9M |
| Net Assets | $16.4M |
| Operating Margin | 5.5% |
| Debt-to-Asset Ratio | 57.2% |
| Months of Reserves | 20.6 months |
Financial Health Grade: A
In 2023, Voices College Bound Language Academies reported a surplus of $1.3M with revenue exceeding expenses, holds 20.6 months of operating reserves (strong position), has a debt-to-asset ratio of 57.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Voices College Bound Language Academies's revenue has grown at a compound annual growth rate (CAGR) of 23.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.6% | +4.2% | +38.5% |
| 2022 | +24.3% | +10.1% | +5.2% |
| 2021 | +23.7% | +7.1% | +27.2% |
| 2020 | -3.3% | +15.5% | +18.7% |
| 2019 | +43.6% | +40.7% | +6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Voices College Bound Language Academies with a Mission Score of 88 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, Voices College Bound Language Academies 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:
- The organization reported a surplus of $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 57.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with over $20 million in annual expenses. This suggests either a fully volunteer executive leadership or that executive salaries are categorized under other expense lines, which could obscure a complete picture of compensation practices.
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 Voices College Bound Language Academies's IRS 990 filings:
- Consistent 0% officer compensation reported, which may obscure actual executive compensation if it's categorized elsewhere.
Strengths
The following positive indicators were identified for Voices College Bound Language Academies:
- Strong and consistent revenue growth over the past decade, from $3.1M in 2014 to $23.6M in 2023.
- Significant asset growth, from $2.7M in 2014 to $38.3M in 2023, indicating financial stability and investment.
- Likely high program spending ratio, typical for educational institutions, aligning with its mission.
- Positive net income in most years, indicating financial sustainability (e.g., $23.6M revenue vs $22.3M expenses in 2023).
Frequently Asked Questions about Voices College Bound Language Academies
Is Voices College Bound Language Academies a legitimate charity?
Voices College Bound Language Academies (EIN: 204741060) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $28.1M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Voices College Bound Language Academies spend its money?
Voices College Bound Language Academies directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Voices College Bound Language Academies tax-deductible?
Voices College Bound Language Academies is registered as a tax-exempt nonprofit (EIN: 204741060). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Voices College Bound Language Academies CEO make?
Voices College Bound Language Academies's highest-compensated officer earns $20 annually. The organization reported $28.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Voices College Bound Language Academies's spending goes to programs?
Voices College Bound Language Academies directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Voices College Bound Language Academies compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Voices College Bound Language Academies is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Voices College Bound Language Academies located?
Voices College Bound Language Academies is headquartered in San Jose, California and files with the IRS under EIN 204741060. It is classified under NTEE code B29.
How many years of IRS 990 filings does Voices College Bound Language Academies have?
Voices College Bound Language Academies 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 $28.1M in total revenue.
Is Voices College Bound Language Academies a good charity?
Based on its financial data, Voices College Bound Language Academies appears to be a well-managed organization with strong program focus and significant growth. Its consistent revenue increase and asset accumulation, coupled with a high proportion of spending likely directed towards programs, suggest effective operations in line with its educational mission.
How has the organization's revenue grown over time?
Voices College Bound Language Academies has experienced substantial revenue growth, increasing from $3,146,235 in 2014 to $23,682,156 in 2023, demonstrating a strong upward trend in financial support and operational scale.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings. This could mean that executive leadership is entirely volunteer-based, or that compensation for key executives is reported under other expense categories, which would require further detail to fully understand.
Filing History
IRS 990 filing history for Voices College Bound Language Academies showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Voices College Bound Language Academies's revenue has grown by 1135.9%, moving from $1.9M to $23.7M. Total assets increased by 4859.3% over the same period, from $774K to $38.4M. Total functional expenses rose by 1251.5%, from $1.7M to $22.4M. In its most recent filing year (2023), Voices College Bound Language Academies reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $21.9M in liabilities against $38.4M in assets (debt-to-asset ratio: 57.2%), resulting in net assets of $16.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23.7M | $22.4M | $38.4M | $21.9M | — | View 990 |
| 2022 | $26.2M | $21.5M | $27.7M | $12.6M | — | View 990 |
| 2021 | $21.1M | $19.5M | $26.4M | $16.1M | — | View 990 |
| 2020 | $17.0M | $18.2M | $20.7M | $13.0M | — | View 990 |
| 2019 | $17.6M | $15.8M | $17.5M | $8.6M | — | View 990 |
| 2018 | $12.3M | $11.2M | $16.4M | $9.4M | — | View 990 |
| 2017 | $11.5M | $9.4M | $15.7M | $9.7M | — | View 990 |
| 2016 | $8.2M | $7.7M | $14.4M | $10.6M | — | View 990 |
| 2015 | $4.6M | $3.3M | $14.0M | $10.7M | — | View 990 |
| 2014 | $3.1M | $2.5M | $2.8M | $739K | — | View 990 |
| 2013 | $2.7M | $2.2M | $2.1M | $669K | — | View 990 |
| 2012 | $2.3M | $1.9M | $1.7M | $754K | — | View 990 |
| 2011 | $1.9M | $1.7M | $774K | $185K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23.7M, expenses of $22.4M, and assets of $38.4M (revenue -9.6% year-over-year).
- 2022: Revenue of $26.2M, expenses of $21.5M, and assets of $27.7M (revenue +24.3% year-over-year).
- 2021: Revenue of $21.1M, expenses of $19.5M, and assets of $26.4M (revenue +23.7% year-over-year).
- 2020: Revenue of $17.0M, expenses of $18.2M, and assets of $20.7M (revenue -3.3% year-over-year).
- 2019: Revenue of $17.6M, expenses of $15.8M, and assets of $17.5M (revenue +43.6% year-over-year).
- 2018: Revenue of $12.3M, expenses of $11.2M, and assets of $16.4M (revenue +6.6% year-over-year).
- 2017: Revenue of $11.5M, expenses of $9.4M, and assets of $15.7M (revenue +39.9% year-over-year).
- 2016: Revenue of $8.2M, expenses of $7.7M, and assets of $14.4M (revenue +78.5% year-over-year).
- 2015: Revenue of $4.6M, expenses of $3.3M, and assets of $14.0M (revenue +46.4% year-over-year).
- 2014: Revenue of $3.1M, expenses of $2.5M, and assets of $2.8M (revenue +18.3% year-over-year).
- 2013: Revenue of $2.7M, expenses of $2.2M, and assets of $2.1M (revenue +16.1% year-over-year).
- 2012: Revenue of $2.3M, expenses of $1.9M, and assets of $1.7M (revenue +19.5% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.7M, and assets of $774K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Voices College Bound Language Academies:
Data Sources and Methodology
This transparency report for Voices College Bound Language Academies 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.