Arrow Preparatory Academy FY2021 filing

Tax-deductible

Edmonds, WA501(c)(3)EducationEIN 81-3772060Revenue $244K in FY2021

On file with the IRSarrowprep.org20406 76th Ave W, 98026-6804 · Edmonds, WATax-exempt since Jun 2017School — 170(b)(1)(A)(ii)

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Arrow Preparatory Academy provides educational services to its student body by operating a christian, university-model schoolf or grades kindergarten through high school. In this fiscal year the organization offered educatoin for grades k through 6th.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $49K a year · 15% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Named funders
1
named funder · $13K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$244K
+59% vs prior year
Spent
$229K
To programs
78%
Net assets
$38K
By yearFY2020–FY2023
Revenue
$244K
FY2021▲ +59%
Tap a bar for its year
Revenue by fiscal year
FY2020$153K
FY2021$244K
FY2022$334K
FY2023$396K
Expenses
$229K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$229K
FY2022$288K
FY2023$311K
Net assets
$38K
FY2021▲ +61%
Tap a bar for its year
Net assets by fiscal year
FY2020$24K
FY2021$38K
FY2022$84K
FY2023$170K

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Jun 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $178K Management & general 22% · $51K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Brian Eastland’s $2K as Secretary is at the 1st percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Programs and updates

Operates a Christian university-model school for kindergarten through high school students.

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Provided by the organization

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$13K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$244K
Ln 12
Other incomeLn 4–11$213K
Gifts and grantsLn 1h$31K
Money outPt IX
$229K
Ln 25
Programscol B$178K
Managementcol C$51K
Owns and owesPt X
$38K
net assets · Ln 32
Total assetsLn 16$38K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$31K
Other incomeLn 4–11$213K
Total revenueLn 12$244K
Assets in detailPt X, end of year
Total assetsLn 16$38K
LiabilitiesLn 26$0
Net assetsLn 32$38K
OperationsPt I, VI
EmployeesI 56
VolunteersI 640
Fiscal year endsHeaderJune

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $396K$311K$86K$170K 990 PDF
FY2022 $334K$288K$46K$84K 990 PDF
FY2021 Viewing $244K$229K$15K$38K 990 PDF
FY2020 $153K$24K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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