Cherry Orchard Festival Foundation Corp
EIN: 460858877 · New York, NY · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $748K |
| Net Assets | $335K |
Is Cherry Orchard Festival Foundation Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cherry Orchard Festival Foundation Corp
Cherry Orchard Festival Foundation Corp (EIN: 460858877) is a nonprofit organization based in New York, NY, classified under NTEE code A60. The organization reported total revenue of $2.5M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cherry Orchard Festival Foundation Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cherry Orchard Festival Foundation Corp is a mid-size nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $419K |
| Total Expenses | $748K |
| Surplus / Deficit | $-328,722 |
| Total Assets | $340K |
| Total Liabilities | $5K |
| Net Assets | $335K |
| Operating Margin | -78.5% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 5.5 months |
Financial Health Grade: B
In 2023, Cherry Orchard Festival Foundation Corp reported a deficit of $329K with expenses exceeding revenue, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Cherry Orchard Festival Foundation Corp's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.0% | +10.0% | -48.8% |
| 2022 | -23.7% | +43.2% | -42.7% |
| 2021 | +437.8% | +61.3% | +139.4% |
| 2020 | -79.0% | -63.4% | -4.6% |
| 2019 | -52.8% | -33.1% | -15.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cherry Orchard Festival Foundation Corp 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 Cherry Orchard Festival Foundation Corp 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 $329K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.5%.
Frequently Asked Questions about Cherry Orchard Festival Foundation Corp
Is Cherry Orchard Festival Foundation Corp a legitimate charity?
Cherry Orchard Festival Foundation Corp (EIN: 460858877) is a registered tax-exempt nonprofit based in New York. It has 12 years of IRS 990 filings on record. Total revenue: $2.5M. No red flags identified. Financial health grade: B.
How does Cherry Orchard Festival Foundation Corp spend its money?
Cherry Orchard Festival Foundation Corp reported $2.5M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cherry Orchard Festival Foundation Corp tax-deductible?
Cherry Orchard Festival Foundation Corp is registered as a tax-exempt nonprofit (EIN: 460858877). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cherry Orchard Festival Foundation Corp located?
Cherry Orchard Festival Foundation Corp is headquartered in New York, New York and files with the IRS under EIN 460858877. It is classified under NTEE code A60.
How many years of IRS 990 filings does Cherry Orchard Festival Foundation Corp have?
Cherry Orchard Festival Foundation Corp 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 $2.5M in total revenue.
Filing History
IRS 990 filing history for Cherry Orchard Festival Foundation Corp showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Cherry Orchard Festival Foundation Corp's revenue has grown by 283.1%, moving from $109K to $419K. Total assets increased by 233.1% over the same period, from $102K to $340K. Total functional expenses rose by 10368.4%, from $7K to $748K. In its most recent filing year (2023), Cherry Orchard Festival Foundation Corp reported a deficit of $329K, with expenses exceeding revenue. The organization holds $5K in liabilities against $340K in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $335K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $419K | $748K | $340K | $5K | — | — |
| 2022 | $634K | $680K | $664K | $382 | — | View 990 |
| 2021 | $831K | $475K | $1.2M | $449K | — | View 990 |
| 2020 | $155K | $294K | $484K | $131K | — | — |
| 2019 | $734K | $804K | $508K | $15K | — | View 990 |
| 2018 | $1.6M | $1.2M | $600K | $37K | — | View 990 |
| 2017 | $1.2M | $1.3M | $286K | $78K | — | View 990 |
| 2016 | $1.1M | $980K | $385K | $73K | — | View 990 |
| 2015 | $1.0M | $947K | $299K | $122K | — | View 990 |
| 2014 | $979K | $863K | $181K | $106K | — | View 990 |
| 2013 | $604K | $747K | $48K | $89K | — | View 990 |
| 2012 | $109K | $7K | $102K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $419K, expenses of $748K, and assets of $340K (revenue -34.0% year-over-year).
- 2022: Revenue of $634K, expenses of $680K, and assets of $664K (revenue -23.7% year-over-year).
- 2021: Revenue of $831K, expenses of $475K, and assets of $1.2M (revenue +437.8% year-over-year).
- 2020: Revenue of $155K, expenses of $294K, and assets of $484K (revenue -79.0% year-over-year).
- 2019: Revenue of $734K, expenses of $804K, and assets of $508K (revenue -52.8% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.2M, and assets of $600K (revenue +32.2% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.3M, and assets of $286K (revenue +5.6% year-over-year).
- 2016: Revenue of $1.1M, expenses of $980K, and assets of $385K (revenue +6.5% year-over-year).
- 2015: Revenue of $1.0M, expenses of $947K, and assets of $299K (revenue +7.0% year-over-year).
- 2014: Revenue of $979K, expenses of $863K, and assets of $181K (revenue +62.0% year-over-year).
- 2013: Revenue of $604K, expenses of $747K, and assets of $48K (revenue +452.6% year-over-year).
- 2012: Revenue of $109K, expenses of $7K, and assets of $102K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cherry Orchard Festival Foundation Corp:
Data Sources and Methodology
This transparency report for Cherry Orchard Festival Foundation Corp 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.