Africentric Personal Development Shop
EIN: 311257266 · Columbus, OH
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.9M |
| Net Assets | $318K |
Is Africentric Personal Development Shop Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Africentric Personal Development Shop
Africentric Personal Development Shop (EIN: 311257266) is a nonprofit organization based in Columbus, OH. The organization reported total revenue of $1.5M and total assets of $669K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Africentric Personal Development Shop's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Africentric Personal Development Shop is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-157,143 |
| Total Assets | $709K |
| Total Liabilities | $391K |
| Net Assets | $318K |
| Operating Margin | -9.2% |
| Debt-to-Asset Ratio | 55.1% |
| Months of Reserves | 4.5 months |
Financial Health Grade: C
In 2023, Africentric Personal Development Shop reported a deficit of $157K with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 55.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Africentric Personal Development Shop's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.1% | +35.9% | -11.3% |
| 2022 | +13.2% | +10.9% | +10.8% |
| 2021 | +39.7% | +30.5% | +18.2% |
| 2020 | -9.9% | +5.8% | +21.2% |
| 2019 | +31.1% | +2.3% | +84.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Africentric Personal Development Shop 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 Africentric Personal Development Shop 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 $157K, with expenses exceeding revenue.
- Debt-to-asset ratio: 55.1%.
Frequently Asked Questions about Africentric Personal Development Shop
Is Africentric Personal Development Shop a legitimate charity?
Africentric Personal Development Shop (EIN: 311257266) is a registered tax-exempt nonprofit based in Ohio. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. Financial health grade: C.
How does Africentric Personal Development Shop spend its money?
Africentric Personal Development Shop reported $1.5M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Africentric Personal Development Shop tax-deductible?
Africentric Personal Development Shop is registered as a tax-exempt nonprofit (EIN: 311257266). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Africentric Personal Development Shop located?
Africentric Personal Development Shop is headquartered in Columbus, Ohio and files with the IRS under EIN 311257266.
How many years of IRS 990 filings does Africentric Personal Development Shop have?
Africentric Personal Development Shop has 13 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Africentric Personal Development Shop showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Africentric Personal Development Shop's revenue has grown by 169.7%, moving from $636K to $1.7M. Total assets increased by 195.4% over the same period, from $240K to $709K. Total functional expenses rose by 149.9%, from $750K to $1.9M. In its most recent filing year (2023), Africentric Personal Development Shop reported a deficit of $157K, with expenses exceeding revenue. The organization holds $391K in liabilities against $709K in assets (debt-to-asset ratio: 55.1%), resulting in net assets of $318K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.9M | $709K | $391K | — | — |
| 2022 | $1.6M | $1.4M | $799K | $324K | — | View 990 |
| 2021 | $1.4M | $1.2M | $721K | $441K | — | View 990 |
| 2020 | $995K | $952K | $610K | $477K | — | View 990 |
| 2019 | $1.1M | $900K | $504K | $412K | — | View 990 |
| 2018 | $842K | $880K | $273K | $386K | — | View 990 |
| 2017 | $891K | $884K | $267K | $342K | — | View 990 |
| 2016 | $877K | $933K | $350K | $433K | — | View 990 |
| 2015 | $853K | $844K | $393K | $419K | — | View 990 |
| 2014 | $911K | $932K | $351K | $387K | — | View 990 |
| 2013 | $918K | $820K | $334K | $349K | — | View 990 |
| 2012 | $773K | $747K | $248K | $360K | — | View 990 |
| 2011 | $636K | $750K | $240K | $377K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.9M, and assets of $709K (revenue +9.1% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.4M, and assets of $799K (revenue +13.2% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.2M, and assets of $721K (revenue +39.7% year-over-year).
- 2020: Revenue of $995K, expenses of $952K, and assets of $610K (revenue -9.9% year-over-year).
- 2019: Revenue of $1.1M, expenses of $900K, and assets of $504K (revenue +31.1% year-over-year).
- 2018: Revenue of $842K, expenses of $880K, and assets of $273K (revenue -5.5% year-over-year).
- 2017: Revenue of $891K, expenses of $884K, and assets of $267K (revenue +1.6% year-over-year).
- 2016: Revenue of $877K, expenses of $933K, and assets of $350K (revenue +2.9% year-over-year).
- 2015: Revenue of $853K, expenses of $844K, and assets of $393K (revenue -6.4% year-over-year).
- 2014: Revenue of $911K, expenses of $932K, and assets of $351K (revenue -0.7% year-over-year).
- 2013: Revenue of $918K, expenses of $820K, and assets of $334K (revenue +18.8% year-over-year).
- 2012: Revenue of $773K, expenses of $747K, and assets of $248K (revenue +21.4% year-over-year).
- 2011: Revenue of $636K, expenses of $750K, and assets of $240K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Africentric Personal Development Shop:
Data Sources and Methodology
This transparency report for Africentric Personal Development Shop 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.