Marzano Academies Inc

Analysis

Marzano Academies Inc is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marzano Academies Inc reported income of $588k and spending of $780k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $588k (-43%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marzano Academies Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include NYC Dance Alliance Foundation Inc ($588k), Trillium Charter School ($588k) and South Carolina First Steps to School Readiness Board of Trustees ($587k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 87% of the total. Other salaries and wages came to $413k. At year end it held assets of $944k against liabilities of $6,116, net assets of $938k. It reported 5 employees.