Centerstone Of America Inc
Centerstone Of America Inc consistently operates near break-even with no reported officer compensation.
EIN: 200072992 · Nashville, TN · NTEE: F99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $52.0M |
| Total Expenses | $49.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $-2,064,220 |
| Transparency Score | 75/100 |
Is Centerstone Of America Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Centerstone Of America Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Centerstone Of America Inc
Centerstone Of America Inc (EIN: 200072992) is a nonprofit organization based in Nashville, TN, classified under NTEE code F99. The organization reported total revenue of $52.0M and total assets of $42.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Centerstone Of America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Centerstone Of America Inc is a major nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $49.1M |
| Total Expenses | $49.1M |
| Surplus / Deficit | $-64,323 |
| Total Assets | $40.1M |
| Total Liabilities | $42.2M |
| Net Assets | $-2,064,220 |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 105.1% |
| Months of Reserves | 9.8 months |
Financial Health Grade: C
In 2024, Centerstone Of America Inc reported a deficit of $64K with expenses exceeding revenue, holds 9.8 months of operating reserves (strong position), has a debt-to-asset ratio of 105.1% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Centerstone Of America Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.3% | +7.3% | +0.2% |
| 2023 | +11.0% | +10.6% | +1.0% |
| 2022 | +10.7% | +11.6% | -8.8% |
| 2021 | -2.5% | -3.3% | +11.8% |
| 2020 | -19.4% | -18.3% | -18.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Centerstone Of America Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Centerstone Of America Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $64K, with expenses exceeding revenue.
- Debt-to-asset ratio: 105.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with revenues exceeding $50 million. This suggests either a fully volunteer executive team or that executive compensation is categorized differently, requiring further clarification for complete financial transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Centerstone Of America Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation.
- Liabilities have frequently exceeded assets in several periods (e.g., 202106, 202006), indicating potential financial leverage or specific funding arrangements that could pose risks.
Strengths
The following positive indicators were identified for Centerstone Of America Inc:
- Consistent revenue growth over the past decade, demonstrating increasing capacity and reach.
- Operations consistently run near break-even, indicating sound financial management in matching expenses to income.
- Substantial and growing asset base, with latest assets at $42,483,556, providing a foundation for operations.
Frequently Asked Questions about Centerstone Of America Inc
Is Centerstone Of America Inc a legitimate charity?
Centerstone Of America Inc (EIN: 200072992) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $52.0M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Centerstone Of America Inc spend its money?
Centerstone Of America Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Centerstone Of America Inc tax-deductible?
Centerstone Of America Inc is registered as a tax-exempt nonprofit (EIN: 200072992). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Centerstone Of America Inc CEO make?
Centerstone Of America Inc's highest-compensated officer earns $50 annually. The organization reported $52.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Centerstone Of America Inc's spending goes to programs?
Centerstone Of America Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Centerstone Of America Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Centerstone Of America Inc is above average for NTEE category F99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Centerstone Of America Inc located?
Centerstone Of America Inc is headquartered in Nashville, Tennessee and files with the IRS under EIN 200072992. It is classified under NTEE code F99.
How many years of IRS 990 filings does Centerstone Of America Inc have?
Centerstone Of America Inc has 14 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 $52.0M in total revenue.
Is Centerstone Of America Inc a good charity?
Centerstone Of America Inc appears to be a financially stable organization that consistently dedicates a significant portion of its budget to its programs, as indicated by its near break-even operations and substantial revenue. The lack of reported officer compensation is a unique characteristic that could be viewed positively for resource allocation, but also raises questions about the full picture of executive remuneration.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. This could mean that executive roles are entirely volunteer, or that compensation for key management is reported under other expense categories, or through a related entity. Further inquiry into their compensation practices would be necessary to understand this fully.
What is the trend in Centerstone Of America Inc's financial health?
Centerstone Of America Inc has shown consistent revenue growth over the past decade, from $12,681,854 in 201506 to $49,057,792 in 202406. Expenses have closely mirrored revenues, indicating a stable operational model. While assets have grown, liabilities have also been significant, sometimes exceeding assets, suggesting a reliance on debt or specific funding structures that need closer examination.
Filing History
IRS 990 filing history for Centerstone Of America Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Centerstone Of America Inc's revenue has grown by 192.4%, moving from $16.8M to $49.1M. Total assets increased by 299.2% over the same period, from $10.0M to $40.1M. Total functional expenses rose by 195.9%, from $16.6M to $49.1M. In its most recent filing year (2024), Centerstone Of America Inc reported a deficit of $64K, with expenses exceeding revenue. The organization holds $42.2M in liabilities against $40.1M in assets (debt-to-asset ratio: 105.1%), resulting in net assets of $-2,064,220.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $49.1M | $49.1M | $40.1M | $42.2M | — | View 990 |
| 2023 | $45.7M | $45.8M | $40.0M | $42.1M | — | View 990 |
| 2022 | $41.2M | $41.4M | $39.6M | $43.1M | — | View 990 |
| 2021 | $37.2M | $37.1M | $43.4M | $50.1M | — | View 990 |
| 2020 | $38.2M | $38.4M | $38.8M | $47.6M | — | View 990 |
| 2019 | $47.4M | $47.0M | $47.4M | $53.3M | — | View 990 |
| 2018 | $42.1M | $44.5M | $11.8M | $14.5M | — | View 990 |
| 2017 | $36.1M | $36.1M | $17.2M | $17.3M | — | View 990 |
| 2016 | $16.0M | $15.7M | $8.1M | $8.2M | — | View 990 |
| 2015 | $12.7M | $12.7M | $11.3M | $11.8M | — | View 990 |
| 2014 | $9.8M | $9.8M | $7.9M | $8.4M | — | View 990 |
| 2013 | $10.0M | $10.1M | $7.9M | $8.4M | — | View 990 |
| 2012 | $17.7M | $17.6M | $8.7M | $9.1M | — | View 990 |
| 2011 | $16.8M | $16.6M | $10.0M | $10.5M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $49.1M, expenses of $49.1M, and assets of $40.1M (revenue +7.3% year-over-year).
- 2023: Revenue of $45.7M, expenses of $45.8M, and assets of $40.0M (revenue +11.0% year-over-year).
- 2022: Revenue of $41.2M, expenses of $41.4M, and assets of $39.6M (revenue +10.7% year-over-year).
- 2021: Revenue of $37.2M, expenses of $37.1M, and assets of $43.4M (revenue -2.5% year-over-year).
- 2020: Revenue of $38.2M, expenses of $38.4M, and assets of $38.8M (revenue -19.4% year-over-year).
- 2019: Revenue of $47.4M, expenses of $47.0M, and assets of $47.4M (revenue +12.6% year-over-year).
- 2018: Revenue of $42.1M, expenses of $44.5M, and assets of $11.8M (revenue +16.8% year-over-year).
- 2017: Revenue of $36.1M, expenses of $36.1M, and assets of $17.2M (revenue +124.9% year-over-year).
- 2016: Revenue of $16.0M, expenses of $15.7M, and assets of $8.1M (revenue +26.4% year-over-year).
- 2015: Revenue of $12.7M, expenses of $12.7M, and assets of $11.3M (revenue +29.1% year-over-year).
- 2014: Revenue of $9.8M, expenses of $9.8M, and assets of $7.9M (revenue -2.1% year-over-year).
- 2013: Revenue of $10.0M, expenses of $10.1M, and assets of $7.9M (revenue -43.2% year-over-year).
- 2012: Revenue of $17.7M, expenses of $17.6M, and assets of $8.7M (revenue +5.3% year-over-year).
- 2011: Revenue of $16.8M, expenses of $16.6M, and assets of $10.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Centerstone Of America Inc:
Data Sources and Methodology
This transparency report for Centerstone Of 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.