Bradford County Regional Arts Council
EIN: 232486876 · Towanda, PA
| Metric | Value |
|---|---|
| Total Revenue | $957K |
| Total Expenses | $982K |
| Net Assets | $929K |
Is Bradford County Regional Arts Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bradford County Regional Arts Council
Bradford County Regional Arts Council (EIN: 232486876) is a nonprofit organization based in Towanda, PA. The organization reported total revenue of $957K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bradford County Regional Arts Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bradford County Regional Arts Council is a small nonprofit that has been operating for 50 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $797K |
| Total Expenses | $982K |
| Surplus / Deficit | $-184,567 |
| Total Assets | $1.8M |
| Total Liabilities | $896K |
| Net Assets | $929K |
| Operating Margin | -23.2% |
| Debt-to-Asset Ratio | 49.1% |
| Months of Reserves | 22.3 months |
Financial Health Grade: B
In 2023, Bradford County Regional Arts Council reported a deficit of $185K with expenses exceeding revenue, holds 22.3 months of operating reserves (strong position), has a debt-to-asset ratio of 49.1% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Bradford County Regional Arts Council's revenue has declined at a compound annual growth rate (CAGR) of -4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.1% | +3.9% | -8.2% |
| 2022 | +21.7% | +81.5% | -1.5% |
| 2021 | -41.9% | -57.4% | -0.3% |
| 2019 | -1.3% | -3.3% | -3.6% |
| 2018 | +7.8% | -0.6% | -6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bradford County Regional Arts Council 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 Bradford County Regional Arts Council 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 $185K, with expenses exceeding revenue.
- Debt-to-asset ratio: 49.1%.
Frequently Asked Questions about Bradford County Regional Arts Council
Is Bradford County Regional Arts Council a legitimate charity?
Based on AI analysis of IRS 990 filings, Bradford County Regional Arts Council (EIN: 232486876) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bradford County Regional Arts Council spend its money?
Detailed spending breakdown data is not yet available for Bradford County Regional Arts Council. Check back for updated IRS 990 analysis.
Are donations to Bradford County Regional Arts Council tax-deductible?
Bradford County Regional Arts Council is registered as a tax-exempt nonprofit (EIN: 232486876). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bradford County Regional Arts Council located?
Bradford County Regional Arts Council is headquartered in Towanda, Pennsylvania and files with the IRS under EIN 232486876.
How many years of IRS 990 filings does Bradford County Regional Arts Council have?
Bradford County Regional Arts Council has 12 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 $957K in total revenue.
Filing History
IRS 990 filing history for Bradford County Regional Arts Council showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Bradford County Regional Arts Council's revenue has declined by 41.5%, moving from $1.4M to $797K. Total assets decreased by 30.9% over the same period, from $2.6M to $1.8M. Total functional expenses fell by 27.3%, from $1.4M to $982K. In its most recent filing year (2023), Bradford County Regional Arts Council reported a deficit of $185K, with expenses exceeding revenue. The organization holds $896K in liabilities against $1.8M in assets (debt-to-asset ratio: 49.1%), resulting in net assets of $929K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $797K | $982K | $1.8M | $896K | — | View 990 |
| 2022 | $822K | $944K | $2.0M | $876K | — | View 990 |
| 2021 | $676K | $520K | $2.0M | $784K | — | View 990 |
| 2019 | $1.2M | $1.2M | $2.0M | $797K | — | View 990 |
| 2018 | $1.2M | $1.3M | $2.1M | $812K | — | View 990 |
| 2017 | $1.1M | $1.3M | $2.2M | $861K | — | View 990 |
| 2016 | $1.4M | $1.4M | $2.4M | $879K | — | View 990 |
| 2015 | $1.1M | $1.4M | $2.4M | $901K | — | View 990 |
| 2014 | $1.2M | $1.3M | $2.9M | $1.1M | — | View 990 |
| 2013 | $1.6M | $1.4M | $3.1M | $1.2M | — | View 990 |
| 2012 | $1.5M | $1.4M | $2.8M | $1.2M | — | View 990 |
| 2011 | $1.4M | $1.4M | $2.6M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $797K, expenses of $982K, and assets of $1.8M (revenue -3.1% year-over-year).
- 2022: Revenue of $822K, expenses of $944K, and assets of $2.0M (revenue +21.7% year-over-year).
- 2021: Revenue of $676K, expenses of $520K, and assets of $2.0M (revenue -41.9% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $2.0M (revenue -1.3% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.3M, and assets of $2.1M (revenue +7.8% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.3M, and assets of $2.2M (revenue -23.8% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $2.4M (revenue +30.3% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.4M, and assets of $2.4M (revenue -6.6% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.3M, and assets of $2.9M (revenue -27.1% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.4M, and assets of $3.1M (revenue +7.9% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.4M, and assets of $2.8M (revenue +10.1% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.4M, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bradford County Regional Arts Council:
Data Sources and Methodology
This transparency report for Bradford County Regional Arts Council 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.