Asheville Community Yoga Center
EIN: 371636382 · Asheville, NC · NTEE: P50
| Metric | Value |
|---|---|
| Total Revenue | $655K |
| Total Expenses | $589K |
| Net Assets | $670K |
Is Asheville Community Yoga Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Asheville Community Yoga Center
Asheville Community Yoga Center (EIN: 371636382) is a nonprofit organization based in Asheville, NC, classified under NTEE code P50. The organization reported total revenue of $655K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asheville Community Yoga Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asheville Community Yoga Center is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $568K |
| Total Expenses | $589K |
| Surplus / Deficit | $-21,035 |
| Total Assets | $1.7M |
| Total Liabilities | $1.0M |
| Net Assets | $670K |
| Operating Margin | -3.7% |
| Debt-to-Asset Ratio | 60.1% |
| Months of Reserves | 34.2 months |
Financial Health Grade: C
In 2023, Asheville Community Yoga Center reported a deficit of $21K with expenses exceeding revenue, holds 34.2 months of operating reserves (strong position), has a debt-to-asset ratio of 60.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Asheville Community Yoga Center's revenue has grown at a compound annual growth rate (CAGR) of 12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.9% | +10.1% | -23.2% |
| 2022 | -34.8% | +13.2% | -31.3% |
| 2021 | -10.6% | -4.1% | +31.5% |
| 2020 | -39.2% | -51.7% | +1.1% |
| 2019 | +23.4% | +38.5% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Asheville Community Yoga Center 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 Asheville Community Yoga Center 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 $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 60.1%.
Frequently Asked Questions about Asheville Community Yoga Center
Is Asheville Community Yoga Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Asheville Community Yoga Center (EIN: 371636382) insufficient data. 0 red flags identified, 0 strengths noted.
How does Asheville Community Yoga Center spend its money?
Detailed spending breakdown data is not yet available for Asheville Community Yoga Center. Check back for updated IRS 990 analysis.
Are donations to Asheville Community Yoga Center tax-deductible?
Asheville Community Yoga Center is registered as a tax-exempt nonprofit (EIN: 371636382). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Asheville Community Yoga Center located?
Asheville Community Yoga Center is headquartered in Asheville, North Carolina and files with the IRS under EIN 371636382. It is classified under NTEE code P50.
How many years of IRS 990 filings does Asheville Community Yoga Center have?
Asheville Community Yoga Center 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 $655K in total revenue.
Filing History
IRS 990 filing history for Asheville Community Yoga Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Asheville Community Yoga Center's revenue has grown by 319.4%, moving from $135K to $568K. Total assets increased by 2246.6% over the same period, from $71K to $1.7M. Total functional expenses rose by 513.5%, from $96K to $589K. In its most recent filing year (2023), Asheville Community Yoga Center reported a deficit of $21K, with expenses exceeding revenue. The organization holds $1.0M in liabilities against $1.7M in assets (debt-to-asset ratio: 60.1%), resulting in net assets of $670K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $568K | $589K | $1.7M | $1.0M | — | — |
| 2022 | $364K | $535K | $2.2M | $1.5M | — | — |
| 2021 | $558K | $472K | $3.2M | $2.3M | — | View 990 |
| 2020 | $624K | $493K | $2.4M | $1.6M | — | — |
| 2019 | $1.0M | $1.0M | $2.4M | $1.7M | — | View 990 |
| 2018 | $833K | $736K | $2.5M | $1.8M | — | View 990 |
| 2017 | $608K | $477K | $2.5M | $2.0M | — | View 990 |
| 2016 | $545K | $435K | $1.5M | $1.1M | — | View 990 |
| 2015 | $429K | $320K | $297K | $504 | — | View 990 |
| 2014 | $321K | $254K | $188K | $0 | — | View 990 |
| 2013 | $283K | $316K | $131K | $10K | — | View 990 |
| 2012 | $381K | $267K | $176K | $22K | — | View 990 |
| 2011 | $135K | $96K | $71K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $568K, expenses of $589K, and assets of $1.7M (revenue +55.9% year-over-year).
- 2022: Revenue of $364K, expenses of $535K, and assets of $2.2M (revenue -34.8% year-over-year).
- 2021: Revenue of $558K, expenses of $472K, and assets of $3.2M (revenue -10.6% year-over-year).
- 2020: Revenue of $624K, expenses of $493K, and assets of $2.4M (revenue -39.2% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.0M, and assets of $2.4M (revenue +23.4% year-over-year).
- 2018: Revenue of $833K, expenses of $736K, and assets of $2.5M (revenue +37.0% year-over-year).
- 2017: Revenue of $608K, expenses of $477K, and assets of $2.5M (revenue +11.6% year-over-year).
- 2016: Revenue of $545K, expenses of $435K, and assets of $1.5M (revenue +26.8% year-over-year).
- 2015: Revenue of $429K, expenses of $320K, and assets of $297K (revenue +33.9% year-over-year).
- 2014: Revenue of $321K, expenses of $254K, and assets of $188K (revenue +13.3% year-over-year).
- 2013: Revenue of $283K, expenses of $316K, and assets of $131K (revenue -25.7% year-over-year).
- 2012: Revenue of $381K, expenses of $267K, and assets of $176K (revenue +181.7% year-over-year).
- 2011: Revenue of $135K, expenses of $96K, and assets of $71K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Asheville Community Yoga Center:
Data Sources and Methodology
This transparency report for Asheville Community Yoga Center 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.