Waxahachie Preparatory Academy Ministries
EIN: 752930870 · Waxahachie, TX · NTEE: B20
Is Waxahachie Preparatory Academy Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Waxahachie Preparatory Academy Ministries
Waxahachie Preparatory Academy Ministries (EIN: 752930870) is a nonprofit organization based in Waxahachie, TX, classified under NTEE code B20. The organization reported total revenue of $1.2M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waxahachie Preparatory Academy Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Waxahachie Preparatory Academy Ministries 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 Waxahachie Preparatory Academy Ministries 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.
Frequently Asked Questions about Waxahachie Preparatory Academy Ministries
Is Waxahachie Preparatory Academy Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Waxahachie Preparatory Academy Ministries (EIN: 752930870) insufficient data. 0 red flags identified, 0 strengths noted.
How does Waxahachie Preparatory Academy Ministries spend its money?
Detailed spending breakdown data is not yet available for Waxahachie Preparatory Academy Ministries. Check back for updated IRS 990 analysis.
Are donations to Waxahachie Preparatory Academy Ministries tax-deductible?
Waxahachie Preparatory Academy Ministries is registered as a tax-exempt nonprofit (EIN: 752930870). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Waxahachie Preparatory Academy Ministries showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Waxahachie Preparatory Academy Ministries's revenue has grown by 179.1%, moving from $505K to $1.4M. Total assets increased by 997% over the same period, from $119K to $1.3M. Total functional expenses rose by 130%, from $498K to $1.1M. In its most recent filing year (2023), Waxahachie Preparatory Academy Ministries reported a surplus of $262K, with revenue exceeding expenses. The organization holds $811K in liabilities against $1.3M in assets (debt-to-asset ratio: 62.0%), resulting in net assets of $497K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.1M | $1.3M | $811K | — | — |
| 2022 | $1.1M | $933K | $976K | $742K | — | View 990 |
| 2021 | $898K | $795K | $680K | $585K | — | View 990 |
| 2020 | $855K | $815K | $576K | $584K | — | View 990 |
| 2019 | $880K | $880K | $260K | $308K | — | View 990 |
| 2018 | $971K | $957K | $172K | $220K | — | View 990 |
| 2017 | $980K | $972K | $162K | $224K | — | View 990 |
| 2016 | $901K | $927K | $177K | $255K | — | View 990 |
| 2015 | $725K | $769K | $152K | $196K | — | View 990 |
| 2014 | $713K | $725K | $143K | $144K | — | View 990 |
| 2013 | $704K | $683K | $138K | $125K | — | View 990 |
| 2012 | $591K | $604K | $141K | $149K | — | View 990 |
| 2011 | $505K | $498K | $119K | $114K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.1M, and assets of $1.3M (revenue +31.5% year-over-year).
- 2022: Revenue of $1.1M, expenses of $933K, and assets of $976K (revenue +19.3% year-over-year).
- 2021: Revenue of $898K, expenses of $795K, and assets of $680K (revenue +5.0% year-over-year).
- 2020: Revenue of $855K, expenses of $815K, and assets of $576K (revenue -2.8% year-over-year).
- 2019: Revenue of $880K, expenses of $880K, and assets of $260K (revenue -9.4% year-over-year).
- 2018: Revenue of $971K, expenses of $957K, and assets of $172K (revenue -1.0% year-over-year).
- 2017: Revenue of $980K, expenses of $972K, and assets of $162K (revenue +8.8% year-over-year).
- 2016: Revenue of $901K, expenses of $927K, and assets of $177K (revenue +24.3% year-over-year).
- 2015: Revenue of $725K, expenses of $769K, and assets of $152K (revenue +1.7% year-over-year).
- 2014: Revenue of $713K, expenses of $725K, and assets of $143K (revenue +1.3% year-over-year).
- 2013: Revenue of $704K, expenses of $683K, and assets of $138K (revenue +19.1% year-over-year).
- 2012: Revenue of $591K, expenses of $604K, and assets of $141K (revenue +17.1% year-over-year).
- 2011: Revenue of $505K, expenses of $498K, and assets of $119K.
Data Sources and Methodology
This transparency report for Waxahachie Preparatory Academy Ministries 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.