Youngstown Academy Of Excellence

Youngstown Academy Of Excellence shows revenue growth and strong program spending, but carries significant liabilities.

EIN: 202753423 · Youngstown, OH · NTEE: B29 · Updated: 2026-03-28

$4.0MRevenue
$4.7MAssets
75/100Mission Score (Good)
B29
Youngstown Academy Of Excellence Financial Summary
MetricValue
Total Revenue$4.0M
Total Expenses$2.8M
Program Spending85%
Net Assets$-752,501
Transparency Score75/100

Is Youngstown Academy Of Excellence Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Youngstown Academy Of Excellence directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Youngstown Academy Of Excellence

Youngstown Academy Of Excellence (EIN: 202753423) is a nonprofit organization based in Youngstown, OH, classified under NTEE code B29. The organization reported total revenue of $4.0M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Youngstown Academy Of Excellence's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

17Years Operating
Mid-SizeSize Classification
13Years of Filings
GrowingRevenue Trajectory

Youngstown Academy Of Excellence is a mid-size 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 6.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$3.3M
Total Expenses$2.8M
Surplus / Deficit+$569K
Total Assets$3.6M
Total Liabilities$4.4M
Net Assets$-752,501
Operating Margin17.0%
Debt-to-Asset Ratio120.8%
Months of Reserves15.7 months

Financial Health Grade: A

In 2023, Youngstown Academy Of Excellence reported a surplus of $569K with revenue exceeding expenses, holds 15.7 months of operating reserves (strong position), has a debt-to-asset ratio of 120.8% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Youngstown Academy Of Excellence's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023+5.9%+20.7%+21.4%
2022+17.2%-1.1%+192.7%
2021+27.0%+19.9%+47.5%
2020+6.2%+15.8%-12.9%
2019+22.9%+95.5%-12.5%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2009

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Youngstown Academy Of Excellence demonstrates a consistent commitment to its program services, with a strong program spending ratio. For instance, in the 202306 period, the organization reported expenses of $2,774,440 against revenue of $3,343,399, indicating a significant portion of its budget is directed towards its mission. The organization's revenue has shown a positive growth trend over the past few years, increasing from $2,121,962 in 202006 to $3,343,399 in 202306, suggesting growing support or operational expansion. However, a notable concern is the organization's persistent negative net assets, with liabilities consistently exceeding assets across all reported periods. For example, in 202306, assets were $3,618,693 while liabilities stood at $4,371,194, resulting in a deficit. This financial structure, while not uncommon for some types of organizations, warrants closer examination to understand its long-term sustainability and the nature of these liabilities. The consistent reporting of 0% officer compensation across all filings suggests either a volunteer-led executive team or that executive compensation is not reported in this specific field, which could impact transparency regarding leadership costs. Despite the liability concerns, the academy's operational efficiency, as evidenced by its program spending, appears robust. The growth in assets from $690,123 in 202006 to $3,618,693 in 202306, alongside increasing revenue, indicates a growing capacity and operational scale. Further clarity on the nature of the liabilities would provide a more complete picture of its financial health and long-term viability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Youngstown Academy Of Excellence with a Mission Score of 75 out of 100 (Good). 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, Youngstown Academy Of Excellence 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:

$3.3MTotal Revenue
$2.8MTotal Expenses
$3.6MTotal Assets
$4.4MTotal Liabilities
$-752,501Net Assets
  • The organization reported a surplus of $569K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 120.8%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which suggests either a fully volunteer executive leadership or that compensation is categorized differently within their financial statements, requiring further investigation for full transparency.

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 Youngstown Academy Of Excellence's IRS 990 filings:

  • Consistent negative net assets (liabilities exceeding assets in all reported periods, e.g., $4,371,194 liabilities vs $3,618,693 assets in 202306).
  • Unclear nature of significant liabilities, which could impact long-term financial stability.
  • 0% officer compensation reported across all filings, which may obscure actual executive remuneration.

Strengths

The following positive indicators were identified for Youngstown Academy Of Excellence:

  • Consistent revenue growth over the past few years (from $2,121,962 in 202006 to $3,343,399 in 202306).
  • Strong program spending ratio, indicating a focus on its mission.
  • Increasing asset base over recent periods (from $690,123 in 202006 to $3,618,693 in 202306).

Frequently Asked Questions about Youngstown Academy Of Excellence

Is Youngstown Academy Of Excellence a legitimate charity?

Youngstown Academy Of Excellence (EIN: 202753423) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.0M. 3 red flags identified. 3 strengths noted. Financial health grade: A.

How does Youngstown Academy Of Excellence spend its money?

Youngstown Academy Of Excellence directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Youngstown Academy Of Excellence tax-deductible?

Youngstown Academy Of Excellence is registered as a tax-exempt nonprofit (EIN: 202753423). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Youngstown Academy Of Excellence's spending goes to programs?

Youngstown Academy Of Excellence directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Youngstown Academy Of Excellence compare to similar nonprofits?

With a transparency score of 75/100 (Good), Youngstown Academy Of Excellence 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 Youngstown Academy Of Excellence located?

Youngstown Academy Of Excellence is headquartered in Youngstown, Ohio and files with the IRS under EIN 202753423. It is classified under NTEE code B29.

How many years of IRS 990 filings does Youngstown Academy Of Excellence have?

Youngstown Academy Of Excellence 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 $4.0M in total revenue.

What is the nature of the significant liabilities consistently reported by Youngstown Academy Of Excellence?

The filings consistently show liabilities exceeding assets (e.g., $4,371,194 in liabilities vs. $3,618,693 in assets for 202306). Understanding if these are long-term debts, capital leases, or other obligations is crucial for assessing financial stability.

How does Youngstown Academy Of Excellence fund its operations given the consistent negative net assets?

Despite negative net assets, the organization has growing revenue and expenses, indicating ongoing operations. It's important to understand the funding sources and cash flow management that allow it to operate with this financial structure.

Is the 0% officer compensation accurate, or is executive compensation reported under a different expense category?

The consistent 0% officer compensation across all filings is unusual for an organization of this size and revenue. Clarification is needed to ensure transparency regarding leadership remuneration.

Filing History

IRS 990 filing history for Youngstown Academy Of Excellence showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Youngstown Academy Of Excellence's revenue has grown by 105.3%, moving from $1.6M to $3.3M. Total assets increased by 1511.5% over the same period, from $225K to $3.6M. Total functional expenses rose by 43.1%, from $1.9M to $2.8M. In its most recent filing year (2023), Youngstown Academy Of Excellence reported a surplus of $569K, with revenue exceeding expenses. The organization holds $4.4M in liabilities against $3.6M in assets (debt-to-asset ratio: 120.8%), resulting in net assets of $-752,501.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $3.3M $2.8M $3.6M $4.4M View 990
2022 $3.2M $2.3M $3.0M $4.3M View 990
2021 $2.7M $2.3M $1.0M $3.2M
2020 $2.1M $1.9M $690K $3.2M View 990
2019 $2.0M $1.7M $792K $3.5M View 990
2018 $1.6M $856K $905K $4.0M View 990
2017 $1.9M $1.8M $815K $4.2M View 990
2016 $2.7M $1.8M $517K $3.9M View 990
2015 $1.9M $2.2M $401K $4.7M View 990
2014 $2.2M $2.3M $217K $1.8M View 990
2013 $2.2M $2.3M $180K $1.6M View 990
2012 $2.1M $2.1M $230K $1.6M View 990
2011 $1.6M $1.9M $225K $1.6M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $3.3M, expenses of $2.8M, and assets of $3.6M (revenue +5.9% year-over-year).
  • 2022: Revenue of $3.2M, expenses of $2.3M, and assets of $3.0M (revenue +17.2% year-over-year).
  • 2021: Revenue of $2.7M, expenses of $2.3M, and assets of $1.0M (revenue +27.0% year-over-year).
  • 2020: Revenue of $2.1M, expenses of $1.9M, and assets of $690K (revenue +6.2% year-over-year).
  • 2019: Revenue of $2.0M, expenses of $1.7M, and assets of $792K (revenue +22.9% year-over-year).
  • 2018: Revenue of $1.6M, expenses of $856K, and assets of $905K (revenue -14.9% year-over-year).
  • 2017: Revenue of $1.9M, expenses of $1.8M, and assets of $815K (revenue -28.8% year-over-year).
  • 2016: Revenue of $2.7M, expenses of $1.8M, and assets of $517K (revenue +41.8% year-over-year).
  • 2015: Revenue of $1.9M, expenses of $2.2M, and assets of $401K (revenue -13.5% year-over-year).
  • 2014: Revenue of $2.2M, expenses of $2.3M, and assets of $217K (revenue +0.7% year-over-year).
  • 2013: Revenue of $2.2M, expenses of $2.3M, and assets of $180K (revenue +2.8% year-over-year).
  • 2012: Revenue of $2.1M, expenses of $2.1M, and assets of $230K (revenue +29.9% year-over-year).
  • 2011: Revenue of $1.6M, expenses of $1.9M, and assets of $225K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Youngstown Academy Of Excellence:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Youngstown Academy Of Excellence 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.

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