Quick charity verification for Sweet Chariot Music Festival (EIN: 10460062)
Verdict: Sweet Chariot Music Festival shows mixed signals
60/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths
Red Flags
No recent IRS 990 filings available beyond 2015
Reported $0 revenue and assets for the latest period, indicating potential inactivity
Strengths
Operated with a surplus in 2015 ($20,090 revenue vs. $9,999 expenses)
No liabilities reported in 2015
No officer compensation reported in 2015, indicating volunteer leadership
AI Transparency Report
Sweet Chariot Music Festival appears to be a very small, nascent organization based on its single available IRS 990 filing from 2015. With reported revenue of $20,090 and expenses of $9,999, the organization operated with a surplus in that period. Its assets were minimal at $291, and it reported no liabilities, indicating a clean balance sheet for its size. The lack of more recent filings or any reported revenue/assets for the latest period suggests the organization may be inactive or has not met filing thresholds in subsequent years, which limits a comprehensive assessment of its current financial health and ongoing operational efficiency. The absence of officer compensation indicates that, at least in 2015, leadership was likely volunteer-based, which is common for very small nonprofits.