Amethyst Inc
EIN: 311092242 · Columbus, OH
| Metric | Value |
|---|---|
| Total Expenses | $4.9M |
| Net Assets | $322K |
Is Amethyst Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Amethyst Inc
Amethyst Inc (EIN: 311092242) is a nonprofit organization based in Columbus, OH. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amethyst Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amethyst Inc is a mid-size nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.2M |
| Total Expenses | $4.9M |
| Surplus / Deficit | $-686,309 |
| Total Assets | $1.1M |
| Total Liabilities | $796K |
| Net Assets | $322K |
| Operating Margin | -16.4% |
| Debt-to-Asset Ratio | 71.2% |
| Months of Reserves | 2.8 months |
Financial Health Grade: D
In 2016, Amethyst Inc reported a deficit of $686K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 71.2% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Amethyst Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -11.1% | -2.8% | -37.8% |
| 2015 | -1.6% | +4.8% | +2.2% |
| 2014 | +7.7% | +0.8% | +1.0% |
| 2013 | -7.3% | -1.0% | -13.5% |
| 2012 | +9.8% | +13.8% | +9.3% |
AI Analysis Pending
AI enrichment for Amethyst 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 Amethyst 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $686K, with expenses exceeding revenue.
- Debt-to-asset ratio: 71.2%.
Frequently Asked Questions about Amethyst Inc
Is Amethyst Inc a legitimate charity?
Amethyst Inc (EIN: 311092242) is a registered tax-exempt nonprofit based in Ohio. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does Amethyst Inc spend its money?
Amethyst Inc reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Amethyst Inc tax-deductible?
Amethyst Inc is registered as a tax-exempt nonprofit (EIN: 311092242). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Amethyst Inc located?
Amethyst Inc is headquartered in Columbus, Ohio and files with the IRS under EIN 311092242.
How many years of IRS 990 filings does Amethyst Inc have?
Amethyst Inc has 6 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 Amethyst Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Amethyst Inc's revenue has declined by 4.2%, moving from $4.4M to $4.2M. Total assets decreased by 39.3% over the same period, from $1.8M to $1.1M. Total functional expenses rose by 15.7%, from $4.2M to $4.9M. In its most recent filing year (2016), Amethyst Inc reported a deficit of $686K, with expenses exceeding revenue. The organization holds $796K in liabilities against $1.1M in assets (debt-to-asset ratio: 71.2%), resulting in net assets of $322K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $4.2M | $4.9M | $1.1M | $796K | — | — |
| 2015 | $4.7M | $5.0M | $1.8M | $790K | — | View 990 |
| 2014 | $4.8M | $4.8M | $1.8M | $450K | — | View 990 |
| 2013 | $4.4M | $4.7M | $1.7M | $440K | — | View 990 |
| 2012 | $4.8M | $4.8M | $2.0M | $414K | — | View 990 |
| 2011 | $4.4M | $4.2M | $1.8M | $248K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $4.2M, expenses of $4.9M, and assets of $1.1M (revenue -11.1% year-over-year).
- 2015: Revenue of $4.7M, expenses of $5.0M, and assets of $1.8M (revenue -1.6% year-over-year).
- 2014: Revenue of $4.8M, expenses of $4.8M, and assets of $1.8M (revenue +7.7% year-over-year).
- 2013: Revenue of $4.4M, expenses of $4.7M, and assets of $1.7M (revenue -7.3% year-over-year).
- 2012: Revenue of $4.8M, expenses of $4.8M, and assets of $2.0M (revenue +9.8% year-over-year).
- 2011: Revenue of $4.4M, expenses of $4.2M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amethyst Inc:
Data Sources and Methodology
This transparency report for Amethyst 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.