Awesome Center For Entrepreneurship Inc
EIN: 454294345 · Lexington, KY · NTEE: A50
| Metric | Value |
|---|---|
| Total Revenue | $961K |
| Total Expenses | $1.2M |
| Net Assets | $705K |
Is Awesome Center For Entrepreneurship Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Awesome Center For Entrepreneurship Inc
Awesome Center For Entrepreneurship Inc (EIN: 454294345) is a nonprofit organization based in Lexington, KY, classified under NTEE code A50. The organization reported total revenue of $961K and total assets of $677K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Awesome Center For Entrepreneurship Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Awesome Center For Entrepreneurship Inc is a small nonprofit that has been operating for 13 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 39.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-183,858 |
| Total Assets | $717K |
| Total Liabilities | $12K |
| Net Assets | $705K |
| Operating Margin | -17.8% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 7.1 months |
Financial Health Grade: B
In 2023, Awesome Center For Entrepreneurship Inc reported a deficit of $184K with expenses exceeding revenue, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Awesome Center For Entrepreneurship Inc's revenue has grown at a compound annual growth rate (CAGR) of 39.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.7% | +33.9% | -21.0% |
| 2022 | -3.7% | -1.7% | +16.8% |
| 2021 | -22.0% | -4.1% | +23.0% |
| 2020 | +28.8% | -18.6% | +138.0% |
| 2019 | +202.5% | +347.5% | -7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Awesome Center For Entrepreneurship 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 Awesome Center For Entrepreneurship 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $184K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.7%.
Frequently Asked Questions about Awesome Center For Entrepreneurship Inc
Is Awesome Center For Entrepreneurship Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Awesome Center For Entrepreneurship Inc (EIN: 454294345) insufficient data. 0 red flags identified, 0 strengths noted.
How does Awesome Center For Entrepreneurship Inc spend its money?
Detailed spending breakdown data is not yet available for Awesome Center For Entrepreneurship Inc. Check back for updated IRS 990 analysis.
Are donations to Awesome Center For Entrepreneurship Inc tax-deductible?
Awesome Center For Entrepreneurship Inc is registered as a tax-exempt nonprofit (EIN: 454294345). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Awesome Center For Entrepreneurship Inc located?
Awesome Center For Entrepreneurship Inc is headquartered in Lexington, Kentucky and files with the IRS under EIN 454294345. It is classified under NTEE code A50.
How many years of IRS 990 filings does Awesome Center For Entrepreneurship Inc have?
Awesome Center For Entrepreneurship Inc has 9 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 $961K in total revenue.
Filing History
IRS 990 filing history for Awesome Center For Entrepreneurship Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Awesome Center For Entrepreneurship Inc's revenue has grown by 1291%, moving from $74K to $1.0M. Total assets increased by 1212.1% over the same period, from $55K to $717K. Total functional expenses rose by 7697%, from $16K to $1.2M. In its most recent filing year (2023), Awesome Center For Entrepreneurship Inc reported a deficit of $184K, with expenses exceeding revenue. The organization holds $12K in liabilities against $717K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $705K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.2M | $717K | $12K | — | — |
| 2022 | $1.0M | $911K | $908K | $20K | — | View 990 |
| 2021 | $1.1M | $927K | $778K | $7K | — | View 990 |
| 2020 | $1.4M | $966K | $633K | $3K | — | — |
| 2019 | $1.1M | $1.2M | $266K | $17K | — | View 990 |
| 2018 | $351K | $265K | $286K | $7K | — | View 990 |
| 2017 | $239K | $179K | $193K | $-798 | — | View 990 |
| 2016 | $247K | $148K | $148K | $2K | — | View 990 |
| 2015 | $74K | $16K | $55K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.2M, and assets of $717K (revenue +0.7% year-over-year).
- 2022: Revenue of $1.0M, expenses of $911K, and assets of $908K (revenue -3.7% year-over-year).
- 2021: Revenue of $1.1M, expenses of $927K, and assets of $778K (revenue -22.0% year-over-year).
- 2020: Revenue of $1.4M, expenses of $966K, and assets of $633K (revenue +28.8% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.2M, and assets of $266K (revenue +202.5% year-over-year).
- 2018: Revenue of $351K, expenses of $265K, and assets of $286K (revenue +47.1% year-over-year).
- 2017: Revenue of $239K, expenses of $179K, and assets of $193K (revenue -3.3% year-over-year).
- 2016: Revenue of $247K, expenses of $148K, and assets of $148K (revenue +231.6% year-over-year).
- 2015: Revenue of $74K, expenses of $16K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Awesome Center For Entrepreneurship Inc:
Data Sources and Methodology
This transparency report for Awesome Center For Entrepreneurship 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.