Arts For Kids Inc
EIN: 223764489 · West Orange, NJ · NTEE: A60
Is Arts For Kids Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Arts For Kids Inc
Arts For Kids Inc (EIN: 223764489) is a nonprofit organization based in West Orange, NJ, classified under NTEE code A60. The organization reported total revenue of $316K and total assets of $155K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arts For Kids Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Arts For Kids 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 Arts For Kids 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.
Frequently Asked Questions about Arts For Kids Inc
Is Arts For Kids Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Arts For Kids Inc (EIN: 223764489) insufficient data. 0 red flags identified, 0 strengths noted.
How does Arts For Kids Inc spend its money?
Detailed spending breakdown data is not yet available for Arts For Kids Inc. Check back for updated IRS 990 analysis.
Are donations to Arts For Kids Inc tax-deductible?
Arts For Kids Inc is registered as a tax-exempt nonprofit (EIN: 223764489). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Arts For Kids Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Arts For Kids Inc's revenue has grown by 496.1%, moving from $77K to $460K. Total assets increased by 215.7% over the same period, from $48K to $151K. Total functional expenses rose by 498.7%, from $67K to $399K. In its most recent filing year (2024), Arts For Kids Inc reported a surplus of $61K, with revenue exceeding expenses. The organization holds $40K in liabilities against $151K in assets (debt-to-asset ratio: 26.8%), resulting in net assets of $110K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $460K | $399K | $151K | $40K | — | — |
| 2023 | $421K | $378K | $115K | $66K | — | View 990 |
| 2022 | $235K | $256K | $84K | $78K | — | View 990 |
| 2021 | $231K | $203K | $60K | $40K | — | — |
| 2020 | $133K | $146K | $31K | $44K | — | View 990 |
| 2019 | $123K | $118K | $40K | $40K | — | View 990 |
| 2018 | $99K | $107K | $25K | $31K | — | — |
| 2017 | $124K | $119K | $27K | $25K | — | View 990 |
| 2016 | $92K | $105K | $19K | $22K | — | View 990 |
| 2015 | $121K | $119K | $76K | $6K | — | View 990 |
| 2014 | $140K | $118K | $87K | $17K | — | View 990 |
| 2013 | $64K | $58K | $55K | $7K | — | View 990 |
| 2012 | $74K | $74K | $45K | $8K | — | View 990 |
| 2011 | $77K | $67K | $48K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $460K, expenses of $399K, and assets of $151K (revenue +9.2% year-over-year).
- 2023: Revenue of $421K, expenses of $378K, and assets of $115K (revenue +79.0% year-over-year).
- 2022: Revenue of $235K, expenses of $256K, and assets of $84K (revenue +2.0% year-over-year).
- 2021: Revenue of $231K, expenses of $203K, and assets of $60K (revenue +73.2% year-over-year).
- 2020: Revenue of $133K, expenses of $146K, and assets of $31K (revenue +8.2% year-over-year).
- 2019: Revenue of $123K, expenses of $118K, and assets of $40K (revenue +23.9% year-over-year).
- 2018: Revenue of $99K, expenses of $107K, and assets of $25K (revenue -19.7% year-over-year).
- 2017: Revenue of $124K, expenses of $119K, and assets of $27K (revenue +34.3% year-over-year).
- 2016: Revenue of $92K, expenses of $105K, and assets of $19K (revenue -23.5% year-over-year).
- 2015: Revenue of $121K, expenses of $119K, and assets of $76K (revenue -14.0% year-over-year).
- 2014: Revenue of $140K, expenses of $118K, and assets of $87K (revenue +118.1% year-over-year).
- 2013: Revenue of $64K, expenses of $58K, and assets of $55K (revenue -12.9% year-over-year).
- 2012: Revenue of $74K, expenses of $74K, and assets of $45K (revenue -4.5% year-over-year).
- 2011: Revenue of $77K, expenses of $67K, and assets of $48K.
Data Sources and Methodology
This transparency report for Arts For Kids 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.