Collegiate Abbey Inc
EIN: 475645095 · Knoxville, TN · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $293K |
| Total Expenses | $195K |
| Net Assets | $14K |
Is Collegiate Abbey Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Collegiate Abbey Inc
Collegiate Abbey Inc (EIN: 475645095) is a nonprofit organization based in Knoxville, TN, classified under NTEE code X20. The organization reported total revenue of $293K and total assets of $64K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Collegiate Abbey Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Collegiate Abbey Inc is a small nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 42.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $194K |
| Total Expenses | $195K |
| Surplus / Deficit | $-828 |
| Total Assets | $18K |
| Total Liabilities | $4K |
| Net Assets | $14K |
| Operating Margin | -0.4% |
| Debt-to-Asset Ratio | 21.1% |
| Months of Reserves | 1.1 months |
Financial Health Grade: C
In 2023, Collegiate Abbey Inc reported a deficit of $828 with expenses exceeding revenue, holds 1.1 months of operating reserves (limited), has a debt-to-asset ratio of 21.1% (moderate leverage).
Financial Trends
Over 9 years of filings (2015–2023), Collegiate Abbey Inc's revenue has grown at a compound annual growth rate (CAGR) of 42.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.3% | +0.9% | -4.7% |
| 2022 | -23.4% | -3.6% | -55.9% |
| 2021 | +1.5% | -3.9% | +62.4% |
| 2020 | +0.1% | +7.2% | +26.6% |
| 2019 | +53.3% | +38.5% | +65.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Collegiate Abbey 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 Collegiate Abbey 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $828, with expenses exceeding revenue.
- Debt-to-asset ratio: 21.1%.
Frequently Asked Questions about Collegiate Abbey Inc
Is Collegiate Abbey Inc a legitimate charity?
Collegiate Abbey Inc (EIN: 475645095) is a registered tax-exempt nonprofit based in Tennessee. It has 9 years of IRS 990 filings on record. Total revenue: $293K. No red flags identified. Financial health grade: C.
How does Collegiate Abbey Inc spend its money?
Collegiate Abbey Inc reported $293K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Collegiate Abbey Inc tax-deductible?
Collegiate Abbey Inc is registered as a tax-exempt nonprofit (EIN: 475645095). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Collegiate Abbey Inc located?
Collegiate Abbey Inc is headquartered in Knoxville, Tennessee and files with the IRS under EIN 475645095. It is classified under NTEE code X20.
How many years of IRS 990 filings does Collegiate Abbey Inc have?
Collegiate Abbey Inc has 9 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 $293K in total revenue.
Filing History
IRS 990 filing history for Collegiate Abbey Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Collegiate Abbey Inc's revenue has grown by 1621.5%, moving from $11K to $194K. Total assets increased by 73% over the same period, from $10K to $18K. Total functional expenses rose by 21457%, from $904 to $195K. In its most recent filing year (2023), Collegiate Abbey Inc reported a deficit of $828, with expenses exceeding revenue. The organization holds $4K in liabilities against $18K in assets (debt-to-asset ratio: 21.1%), resulting in net assets of $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $194K | $195K | $18K | $4K | — | View 990 |
| 2022 | $167K | $193K | $19K | $4K | — | View 990 |
| 2021 | $218K | $201K | $43K | $1K | — | View 990 |
| 2020 | $215K | $209K | $26K | $2K | — | View 990 |
| 2019 | $214K | $195K | $21K | $3K | — | View 990 |
| 2018 | $140K | $141K | $13K | $14K | — | View 990 |
| 2017 | $86K | $90K | $6K | $7K | — | View 990 |
| 2016 | $88K | $96K | $3K | $0 | — | View 990 |
| 2015 | $11K | $904 | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $194K, expenses of $195K, and assets of $18K (revenue +16.3% year-over-year).
- 2022: Revenue of $167K, expenses of $193K, and assets of $19K (revenue -23.4% year-over-year).
- 2021: Revenue of $218K, expenses of $201K, and assets of $43K (revenue +1.5% year-over-year).
- 2020: Revenue of $215K, expenses of $209K, and assets of $26K (revenue +0.1% year-over-year).
- 2019: Revenue of $214K, expenses of $195K, and assets of $21K (revenue +53.3% year-over-year).
- 2018: Revenue of $140K, expenses of $141K, and assets of $13K (revenue +62.6% year-over-year).
- 2017: Revenue of $86K, expenses of $90K, and assets of $6K (revenue -2.7% year-over-year).
- 2016: Revenue of $88K, expenses of $96K, and assets of $3K (revenue +683.8% year-over-year).
- 2015: Revenue of $11K, expenses of $904, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Collegiate Abbey Inc:
Data Sources and Methodology
This transparency report for Collegiate Abbey 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.