A Growing Culture Inc
EIN: 371636754 · Asheville, NC
| Metric | Value |
|---|---|
| Total Revenue | $508K |
| Total Expenses | $545K |
| Net Assets | $145K |
Is A Growing Culture Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About A Growing Culture Inc
A Growing Culture Inc (EIN: 371636754) is a nonprofit organization based in Asheville, NC. The organization reported total revenue of $508K and total assets of $98K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A Growing Culture Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
A Growing Culture Inc is a small nonprofit that has been operating for 15 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 38.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $394K |
| Total Expenses | $545K |
| Surplus / Deficit | $-150,630 |
| Total Assets | $188K |
| Total Liabilities | $43K |
| Net Assets | $145K |
| Operating Margin | -38.2% |
| Debt-to-Asset Ratio | 22.9% |
| Months of Reserves | 4.1 months |
Financial Health Grade: B
In 2023, A Growing Culture Inc reported a deficit of $151K with expenses exceeding revenue, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 22.9% (moderate leverage).
Financial Trends
Over 9 years of filings (2012–2023), A Growing Culture Inc's revenue has grown at a compound annual growth rate (CAGR) of 38.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.0% | +50.1% | -42.7% |
| 2022 | -30.0% | +55.5% | -5.7% |
| 2021 | +217.5% | +109.9% | +278.1% |
| 2020 | +146.0% | +70.2% | +449.1% |
| 2019 | -48.4% | -45.4% | -23.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for A Growing Culture Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates A Growing Culture Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $151K, with expenses exceeding revenue.
- Debt-to-asset ratio: 22.9%.
Frequently Asked Questions about A Growing Culture Inc
Is A Growing Culture Inc a legitimate charity?
A Growing Culture Inc (EIN: 371636754) is a registered tax-exempt nonprofit based in North Carolina. It has 9 years of IRS 990 filings on record. Total revenue: $508K. No red flags identified. Financial health grade: B.
How does A Growing Culture Inc spend its money?
A Growing Culture Inc reported $508K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to A Growing Culture Inc tax-deductible?
A Growing Culture Inc is registered as a tax-exempt nonprofit (EIN: 371636754). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is A Growing Culture Inc located?
A Growing Culture Inc is headquartered in Asheville, North Carolina and files with the IRS under EIN 371636754.
How many years of IRS 990 filings does A Growing Culture Inc have?
A Growing Culture Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $508K in total revenue.
Filing History
IRS 990 filing history for A Growing Culture Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), A Growing Culture Inc's revenue has grown by 3480.4%, moving from $11K to $394K. Total assets increased by 3556.2% over the same period, from $5K to $188K. Total functional expenses rose by 10489.5%, from $5K to $545K. In its most recent filing year (2023), A Growing Culture Inc reported a deficit of $151K, with expenses exceeding revenue. The organization holds $43K in liabilities against $188K in assets (debt-to-asset ratio: 22.9%), resulting in net assets of $145K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $394K | $545K | $188K | $43K | — | — |
| 2022 | $343K | $363K | $328K | $33K | — | View 990 |
| 2021 | $490K | $233K | $348K | $32K | — | View 990 |
| 2020 | $154K | $111K | $92K | $32K | — | — |
| 2019 | $63K | $65K | $17K | $0 | — | View 990 |
| 2018 | $121K | $120K | $22K | $0 | — | View 990 |
| 2017 | $61K | $70K | $13K | $0 | — | View 990 |
| 2016 | $114K | $114K | $22K | $0 | — | View 990 |
| 2012 | $11K | $5K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $394K, expenses of $545K, and assets of $188K (revenue +15.0% year-over-year).
- 2022: Revenue of $343K, expenses of $363K, and assets of $328K (revenue -30.0% year-over-year).
- 2021: Revenue of $490K, expenses of $233K, and assets of $348K (revenue +217.5% year-over-year).
- 2020: Revenue of $154K, expenses of $111K, and assets of $92K (revenue +146.0% year-over-year).
- 2019: Revenue of $63K, expenses of $65K, and assets of $17K (revenue -48.4% year-over-year).
- 2018: Revenue of $121K, expenses of $120K, and assets of $22K (revenue +97.9% year-over-year).
- 2017: Revenue of $61K, expenses of $70K, and assets of $13K (revenue -46.3% year-over-year).
- 2016: Revenue of $114K, expenses of $114K, and assets of $22K (revenue +937.6% year-over-year).
- 2012: Revenue of $11K, expenses of $5K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for A Growing Culture Inc:
Data Sources and Methodology
This transparency report for A Growing Culture Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.