Adopt And Art
EIN: 473982459 · Nicholasville, KY · NTEE: A25
| Metric | Value |
|---|---|
| Total Expenses | $509 |
| Net Assets | $3K |
Is Adopt And Art Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Adopt And Art
Adopt And Art (EIN: 473982459) is a nonprofit organization based in Nicholasville, KY, classified under NTEE code A25. The organization reported total revenue of $0 and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adopt And Art's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Adopt And Art is a micro nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -45.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23 |
| Total Expenses | $509 |
| Surplus / Deficit | $-486 |
| Total Assets | $3K |
| Net Assets | $3K |
| Operating Margin | -2113.0% |
| Months of Reserves | 60.9 months |
Financial Health Grade: B
In 2023, Adopt And Art reported a deficit of $486 with expenses exceeding revenue, holds 60.9 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2016–2023), Adopt And Art's revenue has declined at a compound annual growth rate (CAGR) of -45.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -97.5% | -36.4% | -15.8% |
| 2022 | -66.0% | -25.7% | +3.9% |
| 2021 | +345.0% | +114.5% | +119.7% |
| 2020 | -17.5% | +54.5% | +8.2% |
| 2019 | +264.2% | -32.7% | +48.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Adopt And Art 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 Adopt And Art 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 $486, with expenses exceeding revenue.
Frequently Asked Questions about Adopt And Art
Is Adopt And Art a legitimate charity?
Adopt And Art (EIN: 473982459) is a registered tax-exempt nonprofit based in Kentucky. It has 8 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Adopt And Art spend its money?
Adopt And Art reported its financials in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Adopt And Art tax-deductible?
Adopt And Art is registered as a tax-exempt nonprofit (EIN: 473982459). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Adopt And Art located?
Adopt And Art is headquartered in Nicholasville, Kentucky and files with the IRS under EIN 473982459. It is classified under NTEE code A25.
How many years of IRS 990 filings does Adopt And Art have?
Adopt And Art has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Adopt And Art showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Adopt And Art's revenue has declined by 98.6%, moving from $2K to $23. Total assets increased by 194.4% over the same period, from $878 to $3K. Total functional expenses fell by 65.2%, from $1K to $509. In its most recent filing year (2023), Adopt And Art reported a deficit of $486, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23 | $509 | $3K | $0 | — | View 990 |
| 2022 | $914 | $800 | $3K | $0 | — | — |
| 2021 | $3K | $1K | $3K | $0 | — | View 990 |
| 2020 | $604 | $502 | $1K | $0 | — | — |
| 2019 | $732 | $325 | $1K | $0 | — | View 990 |
| 2018 | $201 | $483 | $837 | $0 | — | View 990 |
| 2017 | $1K | $916 | $1K | $0 | — | View 990 |
| 2016 | $2K | $1K | $878 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $23, expenses of $509, and assets of $3K (revenue -97.5% year-over-year).
- 2022: Revenue of $914, expenses of $800, and assets of $3K (revenue -66.0% year-over-year).
- 2021: Revenue of $3K, expenses of $1K, and assets of $3K (revenue +345.0% year-over-year).
- 2020: Revenue of $604, expenses of $502, and assets of $1K (revenue -17.5% year-over-year).
- 2019: Revenue of $732, expenses of $325, and assets of $1K (revenue +264.2% year-over-year).
- 2018: Revenue of $201, expenses of $483, and assets of $837 (revenue -82.6% year-over-year).
- 2017: Revenue of $1K, expenses of $916, and assets of $1K (revenue -27.2% year-over-year).
- 2016: Revenue of $2K, expenses of $1K, and assets of $878.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Adopt And Art:
Data Sources and Methodology
This transparency report for Adopt And Art 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.