Black Fret Sonic Guild
EIN: 460576111 · Austin, TX · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $2.0M |
| Net Assets | $758K |
Is Black Fret Sonic Guild Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Black Fret Sonic Guild
Black Fret Sonic Guild (EIN: 460576111) is a nonprofit organization based in Austin, TX, classified under NTEE code A68. The organization reported total revenue of $1.3M and total assets of $553K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Black Fret Sonic Guild's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Black Fret Sonic Guild is a mid-size nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 34.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$134K |
| Total Assets | $797K |
| Total Liabilities | $39K |
| Net Assets | $758K |
| Operating Margin | 6.2% |
| Debt-to-Asset Ratio | 4.9% |
| Months of Reserves | 4.7 months |
Financial Health Grade: A
In 2023, Black Fret Sonic Guild reported a surplus of $134K with revenue exceeding expenses, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 4.9% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Black Fret Sonic Guild's revenue has grown at a compound annual growth rate (CAGR) of 34.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.7% | +-0.0% | +22.5% |
| 2022 | +14.9% | +46.6% | -18.0% |
| 2021 | +42.8% | +15.7% | +84.7% |
| 2020 | +3.0% | +11.7% | +8.3% |
| 2019 | +17.5% | +11.0% | +35.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Black Fret Sonic Guild 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 Black Fret Sonic Guild 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 $134K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.9%.
Frequently Asked Questions about Black Fret Sonic Guild
Is Black Fret Sonic Guild a legitimate charity?
Black Fret Sonic Guild (EIN: 460576111) is a registered tax-exempt nonprofit based in Texas. It has 10 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: A.
How does Black Fret Sonic Guild spend its money?
Black Fret Sonic Guild reported $1.3M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Black Fret Sonic Guild tax-deductible?
Black Fret Sonic Guild is registered as a tax-exempt nonprofit (EIN: 460576111). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Black Fret Sonic Guild located?
Black Fret Sonic Guild is headquartered in Austin, Texas and files with the IRS under EIN 460576111. It is classified under NTEE code A68.
How many years of IRS 990 filings does Black Fret Sonic Guild have?
Black Fret Sonic Guild has 10 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Black Fret Sonic Guild showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Black Fret Sonic Guild's revenue has grown by 1297.1%, moving from $155K to $2.2M. Total assets increased by 730.4% over the same period, from $96K to $797K. Total functional expenses rose by 3253.9%, from $61K to $2.0M. In its most recent filing year (2023), Black Fret Sonic Guild reported a surplus of $134K, with revenue exceeding expenses. The organization holds $39K in liabilities against $797K in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $758K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.0M | $797K | $39K | — | — |
| 2022 | $2.0M | $2.0M | $651K | $27K | — | View 990 |
| 2021 | $1.7M | $1.4M | $793K | $31K | — | View 990 |
| 2020 | $1.2M | $1.2M | $429K | $16K | — | View 990 |
| 2019 | $1.2M | $1.1M | $396K | $0 | — | View 990 |
| 2018 | $1.0M | $967K | $292K | $2K | — | View 990 |
| 2017 | $731K | $726K | $252K | $0 | — | View 990 |
| 2016 | $632K | $535K | $248K | $0 | — | View 990 |
| 2015 | $418K | $362K | $151K | $0 | — | View 990 |
| 2014 | $155K | $61K | $96K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.0M, and assets of $797K (revenue +8.7% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.0M, and assets of $651K (revenue +14.9% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.4M, and assets of $793K (revenue +42.8% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.2M, and assets of $429K (revenue +3.0% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.1M, and assets of $396K (revenue +17.5% year-over-year).
- 2018: Revenue of $1.0M, expenses of $967K, and assets of $292K (revenue +37.3% year-over-year).
- 2017: Revenue of $731K, expenses of $726K, and assets of $252K (revenue +15.7% year-over-year).
- 2016: Revenue of $632K, expenses of $535K, and assets of $248K (revenue +51.3% year-over-year).
- 2015: Revenue of $418K, expenses of $362K, and assets of $151K (revenue +169.4% year-over-year).
- 2014: Revenue of $155K, expenses of $61K, and assets of $96K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Black Fret Sonic Guild:
Data Sources and Methodology
This transparency report for Black Fret Sonic Guild 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.