Eclectic Soul Voices Corporation
EIN: 272615152 · Indianapolis, IN · NTEE: A90
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.4M |
| Net Assets | $1.1M |
Is Eclectic Soul Voices Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Eclectic Soul Voices Corporation
Eclectic Soul Voices Corporation (EIN: 272615152) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code A90. The organization reported total revenue of $2.8M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eclectic Soul Voices Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eclectic Soul Voices Corporation is a mid-size nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 44.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-310,837 |
| Total Assets | $1.6M |
| Total Liabilities | $510K |
| Net Assets | $1.1M |
| Operating Margin | -14.9% |
| Debt-to-Asset Ratio | 31.2% |
| Months of Reserves | 8.2 months |
Financial Health Grade: B
In 2023, Eclectic Soul Voices Corporation reported a deficit of $311K with expenses exceeding revenue, holds 8.2 months of operating reserves (strong position), has a debt-to-asset ratio of 31.2% (moderate leverage).
Financial Trends
Over 7 years of filings (2017–2023), Eclectic Soul Voices Corporation's revenue has grown at a compound annual growth rate (CAGR) of 44.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.3% | +45.9% | +16.8% |
| 2022 | +115.1% | +94.9% | +169.0% |
| 2021 | +79.3% | +29.3% | +301.3% |
| 2020 | +36.3% | +41.8% | +27.4% |
| 2019 | +82.4% | +54.2% | +81.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Eclectic Soul Voices Corporation 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 Eclectic Soul Voices Corporation 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 $311K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.2%.
Frequently Asked Questions about Eclectic Soul Voices Corporation
Is Eclectic Soul Voices Corporation a legitimate charity?
Eclectic Soul Voices Corporation (EIN: 272615152) is a registered tax-exempt nonprofit based in Indiana. It has 7 years of IRS 990 filings on record. Total revenue: $2.8M. No red flags identified. Financial health grade: B.
How does Eclectic Soul Voices Corporation spend its money?
Eclectic Soul Voices Corporation reported $2.8M in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Eclectic Soul Voices Corporation tax-deductible?
Eclectic Soul Voices Corporation is registered as a tax-exempt nonprofit (EIN: 272615152). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eclectic Soul Voices Corporation located?
Eclectic Soul Voices Corporation is headquartered in Indianapolis, Indiana and files with the IRS under EIN 272615152. It is classified under NTEE code A90.
How many years of IRS 990 filings does Eclectic Soul Voices Corporation have?
Eclectic Soul Voices Corporation has 7 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 $2.8M in total revenue.
Filing History
IRS 990 filing history for Eclectic Soul Voices Corporation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Eclectic Soul Voices Corporation's revenue has grown by 796.5%, moving from $233K to $2.1M. Total assets increased by 2355.5% over the same period, from $67K to $1.6M. Total functional expenses rose by 1484.9%, from $151K to $2.4M. In its most recent filing year (2023), Eclectic Soul Voices Corporation reported a deficit of $311K, with expenses exceeding revenue. The organization holds $510K in liabilities against $1.6M in assets (debt-to-asset ratio: 31.2%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.4M | $1.6M | $510K | — | — |
| 2022 | $2.5M | $1.6M | $1.4M | $193K | — | View 990 |
| 2021 | $1.2M | $843K | $520K | $165K | — | View 990 |
| 2020 | $647K | $652K | $130K | $91K | — | View 990 |
| 2019 | $475K | $460K | $102K | $58K | — | — |
| 2018 | $260K | $298K | $56K | $27K | — | — |
| 2017 | $233K | $151K | $67K | $-16 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.4M, and assets of $1.6M (revenue -16.3% year-over-year).
- 2022: Revenue of $2.5M, expenses of $1.6M, and assets of $1.4M (revenue +115.1% year-over-year).
- 2021: Revenue of $1.2M, expenses of $843K, and assets of $520K (revenue +79.3% year-over-year).
- 2020: Revenue of $647K, expenses of $652K, and assets of $130K (revenue +36.3% year-over-year).
- 2019: Revenue of $475K, expenses of $460K, and assets of $102K (revenue +82.4% year-over-year).
- 2018: Revenue of $260K, expenses of $298K, and assets of $56K (revenue +11.8% year-over-year).
- 2017: Revenue of $233K, expenses of $151K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eclectic Soul Voices Corporation:
Data Sources and Methodology
This transparency report for Eclectic Soul Voices Corporation 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.