Almagd Tv
EIN: 301003059 · Cincinnati, OH · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $363K |
| Total Expenses | $800K |
| Net Assets | $-279,306 |
Is Almagd Tv Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Almagd Tv
Almagd Tv (EIN: 301003059) is a nonprofit organization based in Cincinnati, OH, classified under NTEE code X20. The organization reported total revenue of $363K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Almagd Tv's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Almagd Tv is a small nonprofit that has been operating for 8 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $602K |
| Total Expenses | $800K |
| Surplus / Deficit | $-198,322 |
| Total Assets | $24K |
| Total Liabilities | $303K |
| Net Assets | $-279,306 |
| Operating Margin | -33.0% |
| Debt-to-Asset Ratio | 1273.7% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2023, Almagd Tv reported a deficit of $198K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 1273.7% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Almagd Tv's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.6% | +0.9% | -71.0% |
| 2022 | -25.3% | -3.5% | -15.6% |
| 2021 | +22.4% | +23.4% | +6.2% |
| 2020 | +36.4% | +4.1% | +9.7% |
| 2019 | -7.6% | +27.6% | -63.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Almagd Tv 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 Almagd Tv 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 $198K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1273.7%.
Frequently Asked Questions about Almagd Tv
Is Almagd Tv a legitimate charity?
Based on AI analysis of IRS 990 filings, Almagd Tv (EIN: 301003059) insufficient data. 0 red flags identified, 0 strengths noted.
How does Almagd Tv spend its money?
Detailed spending breakdown data is not yet available for Almagd Tv. Check back for updated IRS 990 analysis.
Are donations to Almagd Tv tax-deductible?
Almagd Tv is registered as a tax-exempt nonprofit (EIN: 301003059). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Almagd Tv located?
Almagd Tv is headquartered in Cincinnati, Ohio and files with the IRS under EIN 301003059. It is classified under NTEE code X20.
How many years of IRS 990 filings does Almagd Tv have?
Almagd Tv has 7 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 $363K in total revenue.
Filing History
IRS 990 filing history for Almagd Tv showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Almagd Tv's revenue has grown by 67%, moving from $360K to $602K. Total assets decreased by 87.5% over the same period, from $191K to $24K. Total functional expenses rose by 371.3%, from $170K to $800K. In its most recent filing year (2023), Almagd Tv reported a deficit of $198K, with expenses exceeding revenue. The organization holds $303K in liabilities against $24K in assets (debt-to-asset ratio: 1273.7%), resulting in net assets of $-279,306.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $602K | $800K | $24K | $303K | — | — |
| 2022 | $618K | $793K | $82K | $163K | — | View 990 |
| 2021 | $826K | $821K | $97K | $3K | — | View 990 |
| 2020 | $675K | $666K | $91K | $2K | — | View 990 |
| 2019 | $495K | $639K | $83K | $3K | — | View 990 |
| 2018 | $536K | $501K | $226K | $1K | — | View 990 |
| 2017 | $360K | $170K | $191K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $602K, expenses of $800K, and assets of $24K (revenue -2.6% year-over-year).
- 2022: Revenue of $618K, expenses of $793K, and assets of $82K (revenue -25.3% year-over-year).
- 2021: Revenue of $826K, expenses of $821K, and assets of $97K (revenue +22.4% year-over-year).
- 2020: Revenue of $675K, expenses of $666K, and assets of $91K (revenue +36.4% year-over-year).
- 2019: Revenue of $495K, expenses of $639K, and assets of $83K (revenue -7.6% year-over-year).
- 2018: Revenue of $536K, expenses of $501K, and assets of $226K (revenue +48.7% year-over-year).
- 2017: Revenue of $360K, expenses of $170K, and assets of $191K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Almagd Tv:
Data Sources and Methodology
This transparency report for Almagd Tv 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.