Artwell Collaborative Inc
Artwell Collaborative Inc reports no officer compensation but experienced a $111,402 deficit in its latest fiscal period.
EIN: 201705075 · Philadelphia, PA · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $673K |
| Program Spending | 85% |
| Net Assets | $426K |
| Transparency Score | 85/100 |
Is Artwell Collaborative Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Artwell Collaborative Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Artwell Collaborative Inc
Artwell Collaborative Inc (EIN: 201705075) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code B90. The organization reported total revenue of $1.2M and total assets of $840K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Artwell Collaborative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Artwell Collaborative Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $562K |
| Total Expenses | $673K |
| Surplus / Deficit | $-111,402 |
| Total Assets | $521K |
| Total Liabilities | $94K |
| Net Assets | $426K |
| Operating Margin | -19.8% |
| Debt-to-Asset Ratio | 18.1% |
| Months of Reserves | 9.3 months |
Financial Health Grade: B
In 2023, Artwell Collaborative Inc reported a deficit of $111K with expenses exceeding revenue, holds 9.3 months of operating reserves (strong position), has a debt-to-asset ratio of 18.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Artwell Collaborative Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.4% | +13.3% | -3.2% |
| 2022 | +73.8% | +20.5% | +113.6% |
| 2021 | +9.4% | -6.8% | +18.2% |
| 2020 | -11.1% | -18.7% | +49.5% |
| 2019 | -16.8% | -15.9% | -37.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Artwell Collaborative Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Artwell Collaborative Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $111K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.1%.
Executive Compensation Analysis
Artwell Collaborative Inc consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Artwell Collaborative Inc's IRS 990 filings:
- Deficit in the most recent fiscal period (202306) where expenses exceeded revenue by $111,402.
Strengths
The following positive indicators were identified for Artwell Collaborative Inc:
- Consistent 0% officer compensation across all reported filings, indicating strong financial transparency and mission focus.
- Significant surplus in 202206 ($364,228), demonstrating capacity for strong financial performance.
- Growing asset base over the past decade, indicating increasing financial stability.
- Long filing history (13 filings) suggests consistent compliance and operational longevity.
Frequently Asked Questions about Artwell Collaborative Inc
Is Artwell Collaborative Inc a legitimate charity?
Artwell Collaborative Inc (EIN: 201705075) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Artwell Collaborative Inc spend its money?
Artwell Collaborative Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Artwell Collaborative Inc tax-deductible?
Artwell Collaborative Inc is registered as a tax-exempt nonprofit (EIN: 201705075). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Artwell Collaborative Inc's spending goes to programs?
Artwell Collaborative Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Artwell Collaborative Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Artwell Collaborative Inc is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Artwell Collaborative Inc located?
Artwell Collaborative Inc is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 201705075. It is classified under NTEE code B90.
How many years of IRS 990 filings does Artwell Collaborative Inc have?
Artwell Collaborative Inc 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 $1.2M in total revenue.
Why did Artwell Collaborative Inc experience a deficit in the 202306 fiscal period?
In the 202306 period, Artwell Collaborative Inc's expenses ($672,952) exceeded its revenue ($561,550) by $111,402, leading to a deficit. This contrasts with the previous period's significant surplus.
How has Artwell Collaborative Inc's asset base changed over time?
Artwell Collaborative Inc's assets have generally grown, from $290,393 in 201406 to $520,732 in 202306, with some fluctuations, indicating a build-up of financial reserves.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation means that no salaries are paid to the organization's officers, which is a strong indicator of financial transparency and a commitment to directing all funds towards program activities and operational costs.
Is the recent deficit a cause for major concern?
While a deficit is not ideal, the $111,402 deficit in 202306 follows a substantial surplus of $364,228 in 202206. This suggests it might be a temporary fluctuation rather than a systemic issue, but it warrants monitoring.
Filing History
IRS 990 filing history for Artwell Collaborative Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Artwell Collaborative Inc's revenue has grown by 35.5%, moving from $414K to $562K. Total assets increased by 139.8% over the same period, from $217K to $521K. Total functional expenses rose by 59.4%, from $422K to $673K. In its most recent filing year (2023), Artwell Collaborative Inc reported a deficit of $111K, with expenses exceeding revenue. The organization holds $94K in liabilities against $521K in assets (debt-to-asset ratio: 18.1%), resulting in net assets of $426K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $562K | $673K | $521K | $94K | — | — |
| 2022 | $958K | $594K | $538K | $0 | — | View 990 |
| 2021 | $551K | $493K | $252K | $78K | — | View 990 |
| 2020 | $504K | $529K | $213K | $98K | — | View 990 |
| 2019 | $567K | $650K | $142K | $3K | — | View 990 |
| 2018 | $682K | $772K | $226K | $3K | — | View 990 |
| 2017 | $607K | $658K | $333K | $20K | — | View 990 |
| 2016 | $735K | $702K | $368K | $5K | — | View 990 |
| 2015 | $727K | $686K | $342K | $11K | — | View 990 |
| 2014 | $255K | $271K | $290K | $0 | — | View 990 |
| 2013 | $544K | $497K | $307K | $990 | — | View 990 |
| 2012 | $460K | $417K | $261K | $2K | — | View 990 |
| 2011 | $414K | $422K | $217K | $946 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $562K, expenses of $673K, and assets of $521K (revenue -41.4% year-over-year).
- 2022: Revenue of $958K, expenses of $594K, and assets of $538K (revenue +73.8% year-over-year).
- 2021: Revenue of $551K, expenses of $493K, and assets of $252K (revenue +9.4% year-over-year).
- 2020: Revenue of $504K, expenses of $529K, and assets of $213K (revenue -11.1% year-over-year).
- 2019: Revenue of $567K, expenses of $650K, and assets of $142K (revenue -16.8% year-over-year).
- 2018: Revenue of $682K, expenses of $772K, and assets of $226K (revenue +12.3% year-over-year).
- 2017: Revenue of $607K, expenses of $658K, and assets of $333K (revenue -17.3% year-over-year).
- 2016: Revenue of $735K, expenses of $702K, and assets of $368K (revenue +1.1% year-over-year).
- 2015: Revenue of $727K, expenses of $686K, and assets of $342K (revenue +185.2% year-over-year).
- 2014: Revenue of $255K, expenses of $271K, and assets of $290K (revenue -53.1% year-over-year).
- 2013: Revenue of $544K, expenses of $497K, and assets of $307K (revenue +18.2% year-over-year).
- 2012: Revenue of $460K, expenses of $417K, and assets of $261K (revenue +11.0% year-over-year).
- 2011: Revenue of $414K, expenses of $422K, and assets of $217K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Artwell Collaborative Inc:
Data Sources and Methodology
This transparency report for Artwell Collaborative 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.