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The Auction Academy

EIN 46-1333580 · Franklin, TN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair55 out of 100GovernanceFair51 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE CORPORATION IS ORGANIZED FOR THE PRIMARY PURPOSE OF TRAINING OWNERS, DIRECTORS, OFFICERS, EMPLOYEES AND OTHER INDIVIDUALS INTERESTED IN FURTHERING THE EDUCATIONAL PROCESS OF THE BUSINESS OF OPERATING AUTOMOBILE AUCTIONS THROUGHOUT THE COUNTRY BY CONDUXTING EDUCATIONAL PROGRAMS ON SUBJECTS APPROPRIATE TO THE CURRENT BUSINESS ENVIRONMENT.

Income
$733,761
Spending
$656,397
Spent on programs
86%
Reserves
1.3 months of spending
Largest source of income
fees for its services, 100%
Employees
0

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 55 out of 100. Higher than 21% of charities in its peer group (education, $250k to $1m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.3 months of spending.

  • Debt

    5 of 20

    It owes 62% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 11% of income.

  • Income trend

    10 of 15

    Income fell 2% on the year before.

  • Spending floor

    15 of 15

    86% of spending went to programs.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 51 out of 100. Higher than 23% of charities in its peer group (education, $250k to $1m).

  • Independent board

    5 of 25

    1 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $566,327 spent. AUCTION ACADEMY PROVIDES TRAINING AND DEVELOPMENT EXPERIENCE FOR THE AUTOMOTIVE AUCTION PROFESSIOANL THAT IS DESIGNED TO ENHANCE ESSENTIAL SKILL SETS, PROMOTE BEST PRACTICES, AND YIELD BETTER RESULTS. MORE THAN CASUAL KNOWLEDGE IS REQUIRED TO SUCCEED IN TODAY'S COMPETITIVE MARKETPLACE. THE AUCTION ACADEMY TWO-YEAR CURRICULUM IS DESIGNED TO HELP AUCTIONS AND STAFF TO LEARN, UNDERSTAND, MEET AND EXCEED BUSINESS GOALS. THE CURRICULUM BEGINS WITH A RAW PARCEL OF LAND, AND STARTS WITH THE BUILDING AND LAYOUT PROCESS OF AN AUTO AUCTION PROPERTY - PERMITTING, STAFFING, EQUIPMENT, TECHNOLOGY, LICENSING, AND THEN VERY SPECIFIC TRAINING IN DEALER CONSIGNMENT, FLEET/LEASE, FACTORY - BOTH SALES AND OPERATIONS WITH SPECIAL EMPHESIS ON NEW TECHNOLOGIES INTERNET AND SOCIAL NETWORKING. QUARTERLY CLASSROOM TRAINING IS AUGMENTED WITH QUARTERLY FIELD TRIPS TO AUCTIONS AROUND THE COUNTRY FOR FIRSTHAND LEARNING. THE ACADEMY WORKED WITH 3 DIFFERENT CLASSES DURING THE YEAR. AUCTION ACADEMY PROVIDES TRAINING AND DEVELOPMENT EXPERIENCE FOR THE AUTOMOTIVE AUCTION PROFESSIOANL THAT IS DESIGNED TO ENHANCE ESSENTIAL SKILL SETS, PROMOTE BEST PRACTICES, AND YIELD BETTER RESULTS. MORE THAN CASUAL KNOWLEDGE IS REQUIRED TO SUCCEED IN TODAY'S COMPETITIVE MARKETPLACE. THE AUCTION ACADEMY TWO-YEAR CURRICULUM IS DESIGNED TO HELP AUCTIONS AND STAFF TO LEARN, UNDERSTAND, MEET AND EXCEED BUSINESS GOALS. THE CURRICULUM BEGINS WITH A RAW PARCEL OF LAND, AND STARTS WITH THE BUILDING AND LAYOUT PROCESS OF AN AUTO AUCTION PROPERTY - PERMITTING, STAFFING, EQUIPMENT, TECHNOLOGY, LICENSING, AND THEN VERY SPECIFIC TRAINING IN DEALER CONSIGNMENT, FLEET/LEASE, FACTORY - BOTH SALES AND OPERATIONS WITH SPECIAL EMPHESIS ON NEW TECHNOLOGIES INTERNET AND SOCIAL NETWORKING. QUARTERLY CLASSROOM TRAINING IS AUGMENTED WITH QUARTERLY FIELD TRIPS TO AUCTIONS AROUND THE COUNTRY FOR FIRSTHAND LEARNING. THE ACADEMY WORKED WITH 3 DIFFERENT CLASSES DURING THE YEAR.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2014.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.