Academy Of Strings
EIN: 621733110 · Johnson City, TN · NTEE: A25
Is Academy Of Strings Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Academy Of Strings
Academy Of Strings (EIN: 621733110) is a nonprofit organization based in Johnson City, TN, classified under NTEE code A25. The organization reported total revenue of $175K and total assets of $46K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Academy Of Strings's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Academy Of Strings 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 Academy Of Strings 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.
Frequently Asked Questions about Academy Of Strings
Is Academy Of Strings a legitimate charity?
Based on AI analysis of IRS 990 filings, Academy Of Strings (EIN: 621733110) insufficient data. 0 red flags identified, 0 strengths noted.
How does Academy Of Strings spend its money?
Detailed spending breakdown data is not yet available for Academy Of Strings. Check back for updated IRS 990 analysis.
Are donations to Academy Of Strings tax-deductible?
Academy Of Strings is registered as a tax-exempt nonprofit (EIN: 621733110). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Academy Of Strings showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Academy Of Strings's revenue has grown by 73.1%, moving from $103K to $178K. Total assets decreased by 9.5% over the same period, from $47K to $43K. Total functional expenses rose by 68%, from $105K to $176K. In its most recent filing year (2024), Academy Of Strings reported a surplus of $2K, with revenue exceeding expenses. The organization holds $210 in liabilities against $43K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $178K | $176K | $43K | $210 | — | View 990 |
| 2023 | $163K | $155K | $40K | $212 | — | View 990 |
| 2022 | $164K | $173K | $33K | $148 | — | View 990 |
| 2021 | $180K | $158K | $42K | $151 | — | View 990 |
| 2020 | $160K | $179K | $44K | $24K | — | View 990 |
| 2019 | $140K | $137K | $39K | $148 | — | View 990 |
| 2018 | $137K | $136K | $37K | $148 | — | View 990 |
| 2017 | $126K | $130K | $35K | $148 | — | View 990 |
| 2016 | $118K | $116K | $40K | $148 | — | View 990 |
| 2015 | $113K | $110K | $37K | $148 | — | View 990 |
| 2014 | $110K | $107K | $34K | $148 | — | View 990 |
| 2013 | $93K | $103K | $31K | $148 | — | View 990 |
| 2012 | $88K | $93K | $41K | $148 | — | View 990 |
| 2011 | $103K | $105K | $47K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $178K, expenses of $176K, and assets of $43K (revenue +9.6% year-over-year).
- 2023: Revenue of $163K, expenses of $155K, and assets of $40K (revenue -0.8% year-over-year).
- 2022: Revenue of $164K, expenses of $173K, and assets of $33K (revenue -8.7% year-over-year).
- 2021: Revenue of $180K, expenses of $158K, and assets of $42K (revenue +12.3% year-over-year).
- 2020: Revenue of $160K, expenses of $179K, and assets of $44K (revenue +14.6% year-over-year).
- 2019: Revenue of $140K, expenses of $137K, and assets of $39K (revenue +1.8% year-over-year).
- 2018: Revenue of $137K, expenses of $136K, and assets of $37K (revenue +9.3% year-over-year).
- 2017: Revenue of $126K, expenses of $130K, and assets of $35K (revenue +6.1% year-over-year).
- 2016: Revenue of $118K, expenses of $116K, and assets of $40K (revenue +4.5% year-over-year).
- 2015: Revenue of $113K, expenses of $110K, and assets of $37K (revenue +2.7% year-over-year).
- 2014: Revenue of $110K, expenses of $107K, and assets of $34K (revenue +18.7% year-over-year).
- 2013: Revenue of $93K, expenses of $103K, and assets of $31K (revenue +5.6% year-over-year).
- 2012: Revenue of $88K, expenses of $93K, and assets of $41K (revenue -14.6% year-over-year).
- 2011: Revenue of $103K, expenses of $105K, and assets of $47K.
Data Sources and Methodology
This transparency report for Academy Of Strings 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.