Celebration Tv America Inc
EIN: 384179472 · Houston, TX · NTEE: A32
| Metric | Value |
|---|---|
| Total Revenue | $860K |
| Total Expenses | $1.1M |
| Net Assets | $-162,571 |
Is Celebration Tv America Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Celebration Tv America Inc
Celebration Tv America Inc (EIN: 384179472) is a nonprofit organization based in Houston, TX, classified under NTEE code A32. The organization reported total revenue of $860K and total assets of $61K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Celebration Tv America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Celebration Tv America Inc is a small nonprofit that has been operating for 5 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-18,463 |
| Total Assets | $59K |
| Total Liabilities | $221K |
| Net Assets | $-162,571 |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 376.3% |
| Months of Reserves | 0.7 months |
Financial Health Grade: D
In 2023, Celebration Tv America Inc reported a deficit of $18K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 376.3% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Celebration Tv America 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 Celebration Tv America 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 $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 376.3%.
Frequently Asked Questions about Celebration Tv America Inc
Is Celebration Tv America Inc a legitimate charity?
Celebration Tv America Inc (EIN: 384179472) is a registered tax-exempt nonprofit based in Texas. Total revenue: $860K. No red flags identified. Financial health grade: D.
How does Celebration Tv America Inc spend its money?
Celebration Tv America Inc reported $860K in total revenue in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Celebration Tv America Inc tax-deductible?
Celebration Tv America Inc is registered as a tax-exempt nonprofit (EIN: 384179472). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Celebration Tv America Inc located?
Celebration Tv America Inc is headquartered in Houston, Texas and files with the IRS under EIN 384179472. It is classified under NTEE code A32.
Filing History
IRS 990 filing history for Celebration Tv America Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Celebration Tv America Inc reported a deficit of $18K, with expenses exceeding revenue. The organization holds $221K in liabilities against $59K in assets (debt-to-asset ratio: 376.3%), resulting in net assets of $-162,571.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $59K | $221K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Celebration Tv America Inc:
Data Sources and Methodology
This transparency report for Celebration Tv America 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.