I Am Academy is a 501(c)(3) organization based in Holland, Michigan, registered in 2021, with $273,198 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$273K
▼ 6.5% vs prior year
Youth median: $163K
Expenses (FY2023)
$283K
Net assets
$16K
Employees
—
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 I Am Academy— 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 I Am Academy: 1 mo reserves · -3% margin earns a C+ 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 I Am Academy— 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 I Am Academy: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $180K (FY2021) to $273K (FY2023) across 3 reported years.
Financial snapshot
Operating margin
-3.4%
Spent more than it raised in the latest fiscal year.
Total assets
$19K
Total liabilities
$3,265
Net assets
$16K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $273,198▼6.5% | $282,574▼0.3% | $15,568▼27.0% | $18,833▼23.3% | 990 |
| 2022 | $292,298▲62.8% | $283,319▲82.5% | $21,340▼30.3% | $24,539▼24.0% | 990 |
| 2021 | $179,519 | $155,248 | $30,608 | $32,307 | 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 I Am Academy totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Educational | 2024 | $10,000 |
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Data for I Am Academy (EIN 86-1297592) 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.