Chotard Institute Of Music
EIN: 260487978 · Little Rock, AR
| Metric | Value |
|---|---|
| Total Expenses | $14K |
| Net Assets | $15K |
Is Chotard Institute Of Music Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chotard Institute Of Music
Chotard Institute Of Music (EIN: 260487978) is a nonprofit organization based in Little Rock, AR. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chotard Institute Of Music's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chotard Institute Of Music is a micro nonprofit, with 3 years of IRS 990 filings on record (2012–2014). Revenue has grown at a compound annual rate of -15.6%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $14K |
| Total Expenses | $14K |
| Surplus / Deficit | +$373 |
| Total Assets | $15K |
| Net Assets | $15K |
| Operating Margin | 2.6% |
| Months of Reserves | 13.3 months |
Financial Health Grade: A
In 2014, Chotard Institute Of Music reported a surplus of $373 with revenue exceeding expenses, holds 13.3 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2012–2014), Chotard Institute Of Music's revenue has declined at a compound annual growth rate (CAGR) of -15.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -3.4% | -30.3% | +2.5% |
| 2013 | -26.3% | +35.0% | -25.6% |
AI Analysis Pending
AI enrichment for Chotard Institute Of Music 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 Chotard Institute Of Music 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $373, with revenue exceeding expenses.
Frequently Asked Questions about Chotard Institute Of Music
Is Chotard Institute Of Music a legitimate charity?
Chotard Institute Of Music (EIN: 260487978) is a registered tax-exempt nonprofit based in Arkansas. It has 3 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Chotard Institute Of Music spend its money?
Chotard Institute Of Music reported its financials in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Chotard Institute Of Music tax-deductible?
Chotard Institute Of Music is registered as a tax-exempt nonprofit (EIN: 260487978). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chotard Institute Of Music located?
Chotard Institute Of Music is headquartered in Little Rock, Arkansas and files with the IRS under EIN 260487978.
How many years of IRS 990 filings does Chotard Institute Of Music have?
Chotard Institute Of Music has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Chotard Institute Of Music showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2012–2014), Chotard Institute Of Music's revenue has declined by 28.8%, moving from $20K to $14K. Total assets decreased by 23.7% over the same period, from $20K to $15K. Total functional expenses fell by 5.9%, from $15K to $14K. In its most recent filing year (2014), Chotard Institute Of Music reported a surplus of $373, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $14K | $14K | $15K | $0 | — | View 990 |
| 2013 | $15K | $20K | $15K | $0 | — | View 990 |
| 2012 | $20K | $15K | $20K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $14K, expenses of $14K, and assets of $15K (revenue -3.4% year-over-year).
- 2013: Revenue of $15K, expenses of $20K, and assets of $15K (revenue -26.3% year-over-year).
- 2012: Revenue of $20K, expenses of $15K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chotard Institute Of Music:
Data Sources and Methodology
This transparency report for Chotard Institute Of Music 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.