Angels Of The Muse
EIN: 562383551 · Fargo, ND · NTEE: A40
| Metric | Value |
|---|---|
| Total Expenses | $2K |
| Net Assets | $-1,556 |
Is Angels Of The Muse Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Angels Of The Muse
Angels Of The Muse (EIN: 562383551) is a nonprofit organization based in Fargo, ND, classified under NTEE code A40. 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 Angels Of The Muse's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Angels Of The Muse is a micro nonprofit that has been operating for 12 years, with 4 years of IRS 990 filings on record (2008–2011).
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
| Total Revenue | $795 |
| Total Expenses | $2K |
| Surplus / Deficit | $-1,418 |
| Total Assets | $20 |
| Total Liabilities | $2K |
| Net Assets | $-1,556 |
| Operating Margin | -178.4% |
| Debt-to-Asset Ratio | 7880.0% |
| Months of Reserves | 0.1 months |
Financial Health Grade: D
In 2011, Angels Of The Muse reported a deficit of $1K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 7880.0% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2011 | -53.8% | +73.6% | -98.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Angels Of The Muse 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 Angels Of The Muse 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 (2011)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7880.0%.
Frequently Asked Questions about Angels Of The Muse
Is Angels Of The Muse a legitimate charity?
Angels Of The Muse (EIN: 562383551) is a registered tax-exempt nonprofit based in North Dakota. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does Angels Of The Muse spend its money?
Angels Of The Muse reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Angels Of The Muse tax-deductible?
Angels Of The Muse is registered as a tax-exempt nonprofit (EIN: 562383551). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Angels Of The Muse located?
Angels Of The Muse is headquartered in Fargo, North Dakota and files with the IRS under EIN 562383551. It is classified under NTEE code A40.
How many years of IRS 990 filings does Angels Of The Muse have?
Angels Of The Muse has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Angels Of The Muse showing financial trends over 4 years of public records:
Total assets increased by 1900% over the same period, from $1 to $20. Total functional expenses rose by 73666.7%, from $3 to $2K. In its most recent filing year (2011), Angels Of The Muse reported a deficit of $1K, with expenses exceeding revenue. The organization holds $2K in liabilities against $20 in assets (debt-to-asset ratio: 7880.0%), resulting in net assets of $-1,556.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2011 | $795 | $2K | $20 | $2K | — | View 990 |
| 2010 | $2K | $1K | $1K | $1K | — | — |
| 2009 | $0 | $585 | $281 | $866 | — | — |
| 2008 | $0 | $3 | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2011: Revenue of $795, expenses of $2K, and assets of $20 (revenue -53.8% year-over-year).
- 2010: Revenue of $2K, expenses of $1K, and assets of $1K.
- 2009: Revenue of $0, expenses of $585, and assets of $281.
- 2008: Revenue of $0, expenses of $3, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Angels Of The Muse:
Data Sources and Methodology
This transparency report for Angels Of The Muse 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.