Windswept Academy

Windswept Academy reports a $209,244 deficit in 202306, offset by strong asset reserves and no executive compensation.

EIN: 205047822 · Eagle Butte, SD · NTEE: B24 · Updated: 2026-03-28

$389KRevenue

$914KAssets

85/100Mission Score (Excellent)

B24

About Windswept Academy

Windswept Academy (EIN: 205047822) is a nonprofit organization based in Eagle Butte, SD, classified under NTEE code B24. The organization reported total revenue of $389K and total assets of $914K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Windswept Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Windswept Academy demonstrates a generally stable financial history, though the most recent filing (202306) shows a significant deficit where expenses ($566,317) exceeded revenue ($357,073) by over $200,000. This contrasts with prior years like 202206 and 202106 where revenue comfortably exceeded expenses. The organization maintains a healthy asset base, with assets consistently over $900,000 in recent years, reaching $1,013,149 in 202306, which provides a buffer against short-term deficits. Liabilities have remained very low across all reported periods, indicating good financial management in terms of debt.

The organization's transparency is strong, particularly with 12 years of consistent IRS 990 filings and zero reported officer compensation across all periods, which suggests resources are directed towards the mission rather than executive salaries. While specific program spending percentages are not provided in the raw data, the absence of officer compensation is a positive indicator for donor confidence. The recent deficit warrants closer examination to understand if it's a one-off event or a trend, but the overall financial health appears robust due to substantial assets and minimal liabilities.

To fully assess spending efficiency, a detailed breakdown of program, administrative, and fundraising expenses would be necessary. However, the consistent filing history and the lack of executive compensation are strong indicators of a commitment to transparency and efficient use of funds, at least at the leadership level. The organization's ability to maintain significant assets despite fluctuating revenues suggests prudent financial stewardship over the long term.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Windswept Academy with a Mission Score of 85 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, Windswept Academy 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.

Executive Compensation Analysis

Windswept Academy consistently reports 0% officer compensation across all 12 filing periods, indicating that no executive salaries are paid, which is highly commendable for a nonprofit of its size with assets over $900,000.

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 Windswept Academy's IRS 990 filings:

Significant operating deficit in the most recent filing (202306), with expenses exceeding revenue by $209,244.

Strengths

The following positive indicators were identified for Windswept Academy:

Consistent 0% officer compensation across all 12 filing periods, indicating strong commitment to mission over executive pay.
Healthy and growing asset base, reaching over $1 million in 202306, providing financial stability.
Very low liabilities across all reported periods, demonstrating excellent debt management.
Long history of consistent IRS 990 filings (12 filings), indicating strong transparency and compliance.
Strong financial reserves to mitigate revenue fluctuations, as evidenced by assets significantly exceeding annual expenses.

Frequently Asked Questions about Windswept Academy

Is Windswept Academy a good charity?

Based on the provided data, Windswept Academy appears to be a good charity. It has a long history of IRS 990 filings, maintains significant assets, and notably reports 0% officer compensation across all periods, suggesting a strong commitment to directing funds towards its mission rather than executive salaries. The recent deficit in 202306 is a point to monitor, but overall financial health seems stable.

What caused the significant deficit in the 202306 period?

The provided data does not specify the exact causes for the $209,244 deficit (Expenses $566,317 - Revenue $357,073) in the 202306 period. Further investigation into the detailed expense categories for that year would be needed to understand if it was due to increased program costs, one-time expenditures, or a decline in specific revenue streams.

How does Windswept Academy manage to operate without officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation on the 990, such as through a related entity or as regular employees rather than officers. This is a strong indicator of dedication to the mission and efficient use of donor funds.

Is the organization's asset base sufficient to cover future operations?

With assets of $1,013,149 in 202306 and very low liabilities ($5,307), Windswept Academy has a strong asset base. This provides a substantial buffer, especially considering the recent deficit, and indicates good financial stability to support future operations, even if revenue fluctuates.

Filing History

IRS 990 filing history for Windswept Academy showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Windswept Academy's revenue has grown by 153.9%, moving from $141K to $357K. Total assets increased by 158.3% over the same period, from $392K to $1.0M. Total functional expenses rose by 361.2%, from $123K to $566K. In its most recent filing year (2023), Windswept Academy reported a deficit of $209K, with expenses exceeding revenue. The organization holds $5K in liabilities against $1.0M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $1.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$357K	$566K	$1.0M	$5K	—	View 990
2022	$506K	$464K	$1.2M	$5K	—	View 990
2021	$573K	$391K	$1.2M	$3K	—	View 990
2020	$385K	$425K	$1.0M	$53K	—	View 990
2019	$479K	$373K	$1.0M	$0	—	View 990
2018	$331K	$350K	$928K	$629	—	View 990
2017	$452K	$314K	$946K	$207	—	View 990
2016	$438K	$270K	$807K	$0	—	View 990
2015	$363K	$254K	$639K	$185	—	View 990
2014	$294K	$192K	$533K	$432	—	View 990
2013	$200K	$161K	$431K	$0	—	View 990
2012	$141K	$123K	$392K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $357K, expenses of $566K, and assets of $1.0M (revenue -29.4% year-over-year).
2022: Revenue of $506K, expenses of $464K, and assets of $1.2M (revenue -11.6% year-over-year).
2021: Revenue of $573K, expenses of $391K, and assets of $1.2M (revenue +48.8% year-over-year).
2020: Revenue of $385K, expenses of $425K, and assets of $1.0M (revenue -19.7% year-over-year).
2019: Revenue of $479K, expenses of $373K, and assets of $1.0M (revenue +44.7% year-over-year).
2018: Revenue of $331K, expenses of $350K, and assets of $928K (revenue -26.8% year-over-year).
2017: Revenue of $452K, expenses of $314K, and assets of $946K (revenue +3.2% year-over-year).
2016: Revenue of $438K, expenses of $270K, and assets of $807K (revenue +20.6% year-over-year).
2015: Revenue of $363K, expenses of $254K, and assets of $639K (revenue +23.7% year-over-year).
2014: Revenue of $294K, expenses of $192K, and assets of $533K (revenue +47.0% year-over-year).
2013: Revenue of $200K, expenses of $161K, and assets of $431K (revenue +42.0% year-over-year).
2012: Revenue of $141K, expenses of $123K, and assets of $392K.

Data Sources and Methodology

This transparency report for Windswept Academy 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.