Cathedral Book Store
EIN: 580648112 · Atlanta, GA · NTEE: X21I
| Metric | Value |
|---|---|
| Total Revenue | $336K |
| Total Expenses | $198K |
| Net Assets | $106K |
Is Cathedral Book Store Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cathedral Book Store
Cathedral Book Store (EIN: 580648112) is a nonprofit organization based in Atlanta, GA, classified under NTEE code X21I. The organization reported total revenue of $336K and total assets of $157K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cathedral Book Store's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cathedral Book Store is a small nonprofit that has been operating for 48 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $169K |
| Total Expenses | $198K |
| Surplus / Deficit | $-29,069 |
| Total Assets | $157K |
| Total Liabilities | $51K |
| Net Assets | $106K |
| Operating Margin | -17.2% |
| Debt-to-Asset Ratio | 32.7% |
| Months of Reserves | 9.5 months |
Financial Health Grade: B
In 2021, Cathedral Book Store reported a deficit of $29K with expenses exceeding revenue, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 32.7% (moderate leverage).
Financial Trends
Over 11 years of filings (2011–2021), Cathedral Book Store's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +107.6% | +0.7% | -9.3% |
| 2020 | -59.9% | -7.7% | -34.3% |
| 2019 | +25.0% | +13.5% | -6.9% |
| 2018 | -23.5% | +6.2% | -6.6% |
| 2017 | +24.6% | -4.1% | +11.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cathedral Book Store 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 Cathedral Book Store 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 32.7%.
Frequently Asked Questions about Cathedral Book Store
Is Cathedral Book Store a legitimate charity?
Cathedral Book Store (EIN: 580648112) is a registered tax-exempt nonprofit based in Georgia. It has 11 years of IRS 990 filings on record. Total revenue: $336K. No red flags identified. Financial health grade: B.
How does Cathedral Book Store spend its money?
Cathedral Book Store reported $336K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cathedral Book Store tax-deductible?
Cathedral Book Store is registered as a tax-exempt nonprofit (EIN: 580648112). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cathedral Book Store located?
Cathedral Book Store is headquartered in Atlanta, Georgia and files with the IRS under EIN 580648112. It is classified under NTEE code X21I.
How many years of IRS 990 filings does Cathedral Book Store have?
Cathedral Book Store has 11 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 $336K in total revenue.
Filing History
IRS 990 filing history for Cathedral Book Store showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Cathedral Book Store's revenue has declined by 17.3%, moving from $204K to $169K. Total assets decreased by 52.9% over the same period, from $334K to $157K. Total functional expenses fell by 2.4%, from $203K to $198K. In its most recent filing year (2021), Cathedral Book Store reported a deficit of $29K, with expenses exceeding revenue. The organization holds $51K in liabilities against $157K in assets (debt-to-asset ratio: 32.7%), resulting in net assets of $106K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $169K | $198K | $157K | $51K | — | View 990 |
| 2020 | $81K | $196K | $173K | $38K | — | — |
| 2019 | $203K | $213K | $264K | $14K | — | View 990 |
| 2018 | $162K | $187K | $283K | $23K | — | View 990 |
| 2017 | $212K | $176K | $303K | $18K | — | View 990 |
| 2016 | $170K | $184K | $271K | $21K | — | View 990 |
| 2015 | $171K | $183K | $286K | $22K | — | View 990 |
| 2014 | $183K | $188K | $306K | $29K | — | View 990 |
| 2013 | $191K | $216K | $315K | $34K | — | View 990 |
| 2012 | $209K | $201K | $338K | $31K | — | View 990 |
| 2011 | $204K | $203K | $334K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $169K, expenses of $198K, and assets of $157K (revenue +107.6% year-over-year).
- 2020: Revenue of $81K, expenses of $196K, and assets of $173K (revenue -59.9% year-over-year).
- 2019: Revenue of $203K, expenses of $213K, and assets of $264K (revenue +25.0% year-over-year).
- 2018: Revenue of $162K, expenses of $187K, and assets of $283K (revenue -23.5% year-over-year).
- 2017: Revenue of $212K, expenses of $176K, and assets of $303K (revenue +24.6% year-over-year).
- 2016: Revenue of $170K, expenses of $184K, and assets of $271K (revenue -0.5% year-over-year).
- 2015: Revenue of $171K, expenses of $183K, and assets of $286K (revenue -6.7% year-over-year).
- 2014: Revenue of $183K, expenses of $188K, and assets of $306K (revenue -4.2% year-over-year).
- 2013: Revenue of $191K, expenses of $216K, and assets of $315K (revenue -8.4% year-over-year).
- 2012: Revenue of $209K, expenses of $201K, and assets of $338K (revenue +2.3% year-over-year).
- 2011: Revenue of $204K, expenses of $203K, and assets of $334K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cathedral Book Store:
Data Sources and Methodology
This transparency report for Cathedral Book Store 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.