Asian Culture Center Of Tennessee
EIN: 472154537 · Knoxville, TN · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $345K |
| Total Expenses | $249K |
| Net Assets | $182K |
Is Asian Culture Center Of Tennessee Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Asian Culture Center Of Tennessee
Asian Culture Center Of Tennessee (EIN: 472154537) is a nonprofit organization based in Knoxville, TN, classified under NTEE code A23. The organization reported total revenue of $345K and total assets of $265K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asian Culture Center Of Tennessee's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asian Culture Center Of Tennessee is a small nonprofit that has been operating for 11 years, with 3 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 42.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $349K |
| Total Expenses | $249K |
| Surplus / Deficit | +$100K |
| Total Assets | $182K |
| Net Assets | $182K |
| Operating Margin | 28.7% |
| Months of Reserves | 8.8 months |
Financial Health Grade: A
In 2023, Asian Culture Center Of Tennessee reported a surplus of $100K with revenue exceeding expenses, holds 8.8 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2019–2023), Asian Culture Center Of Tennessee's revenue has grown at a compound annual growth rate (CAGR) of 42.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +62.1% | +73.3% | +122.3% |
| 2022 | +157.0% | +85.7% | +932.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Asian Culture Center Of Tennessee 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 Asian Culture Center Of Tennessee 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 surplus of $100K, with revenue exceeding expenses.
Frequently Asked Questions about Asian Culture Center Of Tennessee
Is Asian Culture Center Of Tennessee a legitimate charity?
Based on AI analysis of IRS 990 filings, Asian Culture Center Of Tennessee (EIN: 472154537) insufficient data. 0 red flags identified, 0 strengths noted.
How does Asian Culture Center Of Tennessee spend its money?
Detailed spending breakdown data is not yet available for Asian Culture Center Of Tennessee. Check back for updated IRS 990 analysis.
Are donations to Asian Culture Center Of Tennessee tax-deductible?
Asian Culture Center Of Tennessee is registered as a tax-exempt nonprofit (EIN: 472154537). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Asian Culture Center Of Tennessee located?
Asian Culture Center Of Tennessee is headquartered in Knoxville, Tennessee and files with the IRS under EIN 472154537. It is classified under NTEE code A23.
How many years of IRS 990 filings does Asian Culture Center Of Tennessee have?
Asian Culture Center Of Tennessee has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $345K in total revenue.
Filing History
IRS 990 filing history for Asian Culture Center Of Tennessee showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2019–2023), Asian Culture Center Of Tennessee's revenue has grown by 316.5%, moving from $84K to $349K. Total assets increased by 2195.2% over the same period, from $8K to $182K. Total functional expenses rose by 221.8%, from $77K to $249K. In its most recent filing year (2023), Asian Culture Center Of Tennessee reported a surplus of $100K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $349K | $249K | $182K | $0 | — | — |
| 2022 | $215K | $143K | $82K | $0 | — | View 990 |
| 2019 | $84K | $77K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $349K, expenses of $249K, and assets of $182K (revenue +62.1% year-over-year).
- 2022: Revenue of $215K, expenses of $143K, and assets of $82K (revenue +157.0% year-over-year).
- 2019: Revenue of $84K, expenses of $77K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Asian Culture Center Of Tennessee:
Data Sources and Methodology
This transparency report for Asian Culture Center Of Tennessee 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.