Central Area Collaborative
EIN: 831392414 · Seattle, WA · NTEE: S02
| Metric | Value |
|---|---|
| Total Revenue | $442K |
| Total Expenses | $383K |
| Net Assets | $123K |
Is Central Area Collaborative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Central Area Collaborative
Central Area Collaborative (EIN: 831392414) is a nonprofit organization based in Seattle, WA, classified under NTEE code S02. The organization reported total revenue of $442K and total assets of $129K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Area Collaborative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Area Collaborative is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 27.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $348K |
| Total Expenses | $383K |
| Surplus / Deficit | $-34,556 |
| Total Assets | $123K |
| Net Assets | $123K |
| Operating Margin | -9.9% |
| Months of Reserves | 3.9 months |
Financial Health Grade: B
In 2023, Central Area Collaborative reported a deficit of $35K with expenses exceeding revenue, holds 3.9 months of operating reserves (adequate).
Financial Trends
Over 4 years of filings (2020–2023), Central Area Collaborative's revenue has grown at a compound annual growth rate (CAGR) of 27.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +171.8% | +26.4% | -19.0% |
| 2022 | -76.5% | +22.4% | -54.6% |
| 2021 | +221.6% | +64.3% | +920.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Central Area Collaborative 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 Central Area Collaborative 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 $35K, with expenses exceeding revenue.
Frequently Asked Questions about Central Area Collaborative
Is Central Area Collaborative a legitimate charity?
Central Area Collaborative (EIN: 831392414) is a registered tax-exempt nonprofit based in Washington. It has 4 years of IRS 990 filings on record. Total revenue: $442K. No red flags identified. Financial health grade: B.
How does Central Area Collaborative spend its money?
Central Area Collaborative reported $442K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Central Area Collaborative tax-deductible?
Central Area Collaborative is registered as a tax-exempt nonprofit (EIN: 831392414). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Central Area Collaborative located?
Central Area Collaborative is headquartered in Seattle, Washington and files with the IRS under EIN 831392414. It is classified under NTEE code S02.
How many years of IRS 990 filings does Central Area Collaborative have?
Central Area Collaborative has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $442K in total revenue.
Filing History
IRS 990 filing history for Central Area Collaborative showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Central Area Collaborative's revenue has grown by 105.5%, moving from $169K to $348K. Total assets increased by 274.7% over the same period, from $33K to $123K. Total functional expenses rose by 154.3%, from $150K to $383K. In its most recent filing year (2023), Central Area Collaborative reported a deficit of $35K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $348K | $383K | $123K | $0 | — | View 990 |
| 2022 | $128K | $303K | $152K | $0 | — | View 990 |
| 2021 | $545K | $247K | $335K | $0 | — | View 990 |
| 2020 | $169K | $150K | $33K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $348K, expenses of $383K, and assets of $123K (revenue +171.8% year-over-year).
- 2022: Revenue of $128K, expenses of $303K, and assets of $152K (revenue -76.5% year-over-year).
- 2021: Revenue of $545K, expenses of $247K, and assets of $335K (revenue +221.6% year-over-year).
- 2020: Revenue of $169K, expenses of $150K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Area Collaborative:
Data Sources and Methodology
This transparency report for Central Area Collaborative 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.