Wyncote Academy
EIN: 232461601 · Melrose Park, PA · NTEE: B25Z
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $3.1M |
| Net Assets | $1.3M |
Is Wyncote Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wyncote Academy
Wyncote Academy (EIN: 232461601) is a nonprofit organization based in Melrose Park, PA, classified under NTEE code B25Z. The organization reported total revenue of $2.3M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wyncote Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wyncote Academy is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $3.1M |
| Surplus / Deficit | $-446,551 |
| Total Assets | $1.9M |
| Total Liabilities | $553K |
| Net Assets | $1.3M |
| Operating Margin | -17.1% |
| Debt-to-Asset Ratio | 29.3% |
| Months of Reserves | 7.4 months |
Financial Health Grade: B
In 2023, Wyncote Academy reported a deficit of $447K with expenses exceeding revenue, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 29.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wyncote Academy's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.7% | +12.9% | -14.8% |
| 2022 | +9.8% | +13.1% | -21.4% |
| 2021 | +8.0% | +3.0% | +5.8% |
| 2020 | -8.8% | -2.4% | +11.7% |
| 2019 | +1.3% | -8.3% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wyncote Academy 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 Wyncote Academy 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $447K, with expenses exceeding revenue.
- Debt-to-asset ratio: 29.3%.
Frequently Asked Questions about Wyncote Academy
Is Wyncote Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Wyncote Academy (EIN: 232461601) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wyncote Academy spend its money?
Detailed spending breakdown data is not yet available for Wyncote Academy. Check back for updated IRS 990 analysis.
Are donations to Wyncote Academy tax-deductible?
Wyncote Academy is registered as a tax-exempt nonprofit (EIN: 232461601). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wyncote Academy located?
Wyncote Academy is headquartered in Melrose Park, Pennsylvania and files with the IRS under EIN 232461601. It is classified under NTEE code B25Z.
How many years of IRS 990 filings does Wyncote Academy have?
Wyncote Academy 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 $2.3M in total revenue.
Filing History
IRS 990 filing history for Wyncote Academy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wyncote Academy's revenue has grown by 83.4%, moving from $1.4M to $2.6M. Total assets increased by 282.2% over the same period, from $493K to $1.9M. Total functional expenses rose by 139.5%, from $1.3M to $3.1M. In its most recent filing year (2023), Wyncote Academy reported a deficit of $447K, with expenses exceeding revenue. The organization holds $553K in liabilities against $1.9M in assets (debt-to-asset ratio: 29.3%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $3.1M | $1.9M | $553K | — | View 990 |
| 2022 | $2.7M | $2.7M | $2.2M | $490K | — | View 990 |
| 2021 | $2.4M | $2.4M | $2.8M | $907K | — | View 990 |
| 2020 | $2.2M | $2.3M | $2.7M | $797K | — | View 990 |
| 2019 | $2.5M | $2.4M | $2.4M | $432K | — | View 990 |
| 2018 | $2.4M | $2.6M | $2.3M | $436K | — | View 990 |
| 2017 | $2.9M | $2.4M | $2.4M | $378K | — | View 990 |
| 2016 | $3.0M | $2.2M | $2.0M | $441K | — | View 990 |
| 2015 | $2.2M | $1.7M | $1.1M | $360K | — | View 990 |
| 2014 | $1.6M | $1.4M | $471K | $131K | — | View 990 |
| 2013 | $1.4M | $1.4M | $357K | $140K | — | View 990 |
| 2012 | $1.2M | $1.3M | $419K | $238K | — | View 990 |
| 2011 | $1.4M | $1.3M | $493K | $227K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $3.1M, and assets of $1.9M (revenue -1.7% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.7M, and assets of $2.2M (revenue +9.8% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.4M, and assets of $2.8M (revenue +8.0% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.3M, and assets of $2.7M (revenue -8.8% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.4M, and assets of $2.4M (revenue +1.3% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.6M, and assets of $2.3M (revenue -15.1% year-over-year).
- 2017: Revenue of $2.9M, expenses of $2.4M, and assets of $2.4M (revenue -4.8% year-over-year).
- 2016: Revenue of $3.0M, expenses of $2.2M, and assets of $2.0M (revenue +39.6% year-over-year).
- 2015: Revenue of $2.2M, expenses of $1.7M, and assets of $1.1M (revenue +38.3% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.4M, and assets of $471K (revenue +7.4% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.4M, and assets of $357K (revenue +22.7% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.3M, and assets of $419K (revenue -17.1% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.3M, and assets of $493K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wyncote Academy:
Data Sources and Methodology
This transparency report for Wyncote 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.