Clearwater Jazz Holiday Foundation Inc
EIN: 581910442 · Clearwater, FL · NTEE: A680
| Metric | Value |
|---|---|
| Total Revenue | $594K |
| Total Expenses | $1.6M |
| Net Assets | $741K |
Is Clearwater Jazz Holiday Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Clearwater Jazz Holiday Foundation Inc
Clearwater Jazz Holiday Foundation Inc (EIN: 581910442) is a nonprofit organization based in Clearwater, FL, classified under NTEE code A680. The organization reported total revenue of $594K and total assets of $767K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clearwater Jazz Holiday Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clearwater Jazz Holiday Foundation Inc is a small nonprofit that has been operating for 36 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-285,822 |
| Total Assets | $904K |
| Total Liabilities | $163K |
| Net Assets | $741K |
| Operating Margin | -22.1% |
| Debt-to-Asset Ratio | 18.0% |
| Months of Reserves | 6.9 months |
Financial Health Grade: B
In 2022, Clearwater Jazz Holiday Foundation Inc reported a deficit of $286K with expenses exceeding revenue, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 18.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Clearwater Jazz Holiday Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -19.1% | +16.0% | -27.9% |
| 2021 | +176.8% | +141.8% | +41.1% |
| 2020 | -61.6% | -63.1% | +4.2% |
| 2019 | +3.3% | +7.7% | +2.6% |
| 2018 | +3.0% | +5.9% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Clearwater Jazz Holiday Foundation 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 Clearwater Jazz Holiday Foundation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $286K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.0%.
Frequently Asked Questions about Clearwater Jazz Holiday Foundation Inc
Is Clearwater Jazz Holiday Foundation Inc a legitimate charity?
Clearwater Jazz Holiday Foundation Inc (EIN: 581910442) is a registered tax-exempt nonprofit based in Florida. It has 12 years of IRS 990 filings on record. Total revenue: $594K. No red flags identified. Financial health grade: B.
How does Clearwater Jazz Holiday Foundation Inc spend its money?
Clearwater Jazz Holiday Foundation Inc reported $594K 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 Clearwater Jazz Holiday Foundation Inc tax-deductible?
Clearwater Jazz Holiday Foundation Inc is registered as a tax-exempt nonprofit (EIN: 581910442). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Clearwater Jazz Holiday Foundation Inc located?
Clearwater Jazz Holiday Foundation Inc is headquartered in Clearwater, Florida and files with the IRS under EIN 581910442. It is classified under NTEE code A680.
How many years of IRS 990 filings does Clearwater Jazz Holiday Foundation Inc have?
Clearwater Jazz Holiday Foundation Inc 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 $594K in total revenue.
Filing History
IRS 990 filing history for Clearwater Jazz Holiday Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Clearwater Jazz Holiday Foundation Inc's revenue has grown by 128.8%, moving from $565K to $1.3M. Total assets increased by 307.1% over the same period, from $222K to $904K. Total functional expenses rose by 178.6%, from $567K to $1.6M. In its most recent filing year (2022), Clearwater Jazz Holiday Foundation Inc reported a deficit of $286K, with expenses exceeding revenue. The organization holds $163K in liabilities against $904K in assets (debt-to-asset ratio: 18.0%), resulting in net assets of $741K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.3M | $1.6M | $904K | $163K | — | — |
| 2021 | $1.6M | $1.4M | $1.3M | $227K | — | View 990 |
| 2020 | $578K | $563K | $888K | $100K | — | — |
| 2019 | $1.5M | $1.5M | $852K | $79K | — | View 990 |
| 2018 | $1.5M | $1.4M | $831K | $34K | — | View 990 |
| 2017 | $1.4M | $1.3M | $819K | $61K | — | View 990 |
| 2016 | $1.3M | $1.3M | $720K | $26K | — | View 990 |
| 2015 | $1.5M | $1.2M | $721K | $952 | — | View 990 |
| 2014 | $1.2M | $1.0M | $523K | $21K | — | View 990 |
| 2013 | $940K | $899K | $361K | $9K | — | View 990 |
| 2012 | $917K | $787K | $320K | $9K | — | View 990 |
| 2011 | $565K | $567K | $222K | $42K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.3M, expenses of $1.6M, and assets of $904K (revenue -19.1% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.4M, and assets of $1.3M (revenue +176.8% year-over-year).
- 2020: Revenue of $578K, expenses of $563K, and assets of $888K (revenue -61.6% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.5M, and assets of $852K (revenue +3.3% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.4M, and assets of $831K (revenue +3.0% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.3M, and assets of $819K (revenue +12.3% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $720K (revenue -13.3% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.2M, and assets of $721K (revenue +22.2% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.0M, and assets of $523K (revenue +26.5% year-over-year).
- 2013: Revenue of $940K, expenses of $899K, and assets of $361K (revenue +2.5% year-over-year).
- 2012: Revenue of $917K, expenses of $787K, and assets of $320K (revenue +62.2% year-over-year).
- 2011: Revenue of $565K, expenses of $567K, and assets of $222K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clearwater Jazz Holiday Foundation Inc:
Data Sources and Methodology
This transparency report for Clearwater Jazz Holiday Foundation 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.