Believe I Can Academy Inc is a 501(c)(3) organization based in Tempe, Arizona, registered in 2018, with $648,355 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$648K
▲ 15.5% vs prior year
Human Services median: $293K
Expenses (FY2024)
$486K
Net assets
$509K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Believe I Can Academy Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Believe I Can Academy Inc: 13 mo reserves · +25% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Believe I Can Academy Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Believe I Can Academy Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $253K (FY2018) to $648K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
25.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$636K
Total liabilities
$126K
Net assets
$509K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $648,355▲15.5% | $486,251▼24.6% | $509,463▲24.1% | $635,518▲41.4% | 990 |
| 2023 | $561,193▲1.3% | $645,104▲44.1% | $410,447▼8.1% | $449,436▼5.0% | 990 |
| 2022 | $554,067▲30.2% | $447,607▲18.6% | $446,763▲42.2% | $473,256▲50.7% | 990 |
| 2021 | $425,664▼2.7% | $377,276▲19.3% | $314,079▲1.2% | $314,079▼8.5% | 990 |
| 2020 | $437,279▼27.1% | $316,125▲57.2% | $310,482▼40.0% | $343,406▼35.7% | 990 |
| 2019 | $600,140▲137% | $201,044▲17.1% | $517,064▲427% | $533,913▲444% | 990 |
| 2018 | $252,785 | $171,632 | $98,070 | $98,070 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Believe I Can Academy Inc totaling $11K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2020 | $10,825 |
Explore more
Data for Believe I Can Academy Inc (EIN 47-1967015) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.