Wgu Academy Llc
EIN: 852768979 · Salt Lake Cty, UT · NTEE: B80
| Metric | Value |
|---|---|
| Total Revenue | $17.3M |
| Total Expenses | $15.0M |
| Net Assets | $321K |
Is Wgu Academy Llc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wgu Academy Llc
Wgu Academy Llc (EIN: 852768979) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code B80. The organization reported total revenue of $17.3M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wgu Academy Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wgu Academy Llc is a large nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.6M |
| Total Expenses | $15.0M |
| Surplus / Deficit | +$620K |
| Total Assets | $1.6M |
| Total Liabilities | $1.2M |
| Net Assets | $321K |
| Operating Margin | 4.0% |
| Debt-to-Asset Ratio | 79.4% |
| Months of Reserves | 1.2 months |
Financial Health Grade: B
In 2022, Wgu Academy Llc reported a surplus of $620K with revenue exceeding expenses, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 79.4% (high leverage).
Financial Trends
Over 2 years of filings (2021–2022), Wgu Academy Llc's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +6.4% | +116.1% | +258.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wgu Academy Llc 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 Wgu Academy Llc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $620K, with revenue exceeding expenses.
- Debt-to-asset ratio: 79.4%.
Frequently Asked Questions about Wgu Academy Llc
Is Wgu Academy Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wgu Academy Llc (EIN: 852768979) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wgu Academy Llc spend its money?
Detailed spending breakdown data is not yet available for Wgu Academy Llc. Check back for updated IRS 990 analysis.
Are donations to Wgu Academy Llc tax-deductible?
Wgu Academy Llc is registered as a tax-exempt nonprofit (EIN: 852768979). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wgu Academy Llc located?
Wgu Academy Llc is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 852768979. It is classified under NTEE code B80.
How many years of IRS 990 filings does Wgu Academy Llc have?
Wgu Academy Llc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $17.3M in total revenue.
Filing History
IRS 990 filing history for Wgu Academy Llc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Wgu Academy Llc's revenue has grown by 6.4%, moving from $14.7M to $15.6M. Total assets increased by 258.1% over the same period, from $435K to $1.6M. Total functional expenses rose by 116.1%, from $6.9M to $15.0M. In its most recent filing year (2022), Wgu Academy Llc reported a surplus of $620K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $1.6M in assets (debt-to-asset ratio: 79.4%), resulting in net assets of $321K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $15.6M | $15.0M | $1.6M | $1.2M | — | View 990 |
| 2021 | $14.7M | $6.9M | $435K | $734K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wgu Academy Llc:
Data Sources and Methodology
This transparency report for Wgu Academy Llc 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.