Edge Motor Museum Inc
EIN: 825182805 · Memphis, TN · NTEE: A50
| Metric | Value |
|---|---|
| Total Revenue | $483K |
| Total Expenses | $425K |
| Net Assets | $556K |
Is Edge Motor Museum Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Edge Motor Museum Inc
Edge Motor Museum Inc (EIN: 825182805) is a nonprofit organization based in Memphis, TN, classified under NTEE code A50. The organization reported total revenue of $483K and total assets of $598K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edge Motor Museum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edge Motor Museum Inc is a small nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 13.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $501K |
| Total Expenses | $425K |
| Surplus / Deficit | +$76K |
| Total Assets | $568K |
| Total Liabilities | $12K |
| Net Assets | $556K |
| Operating Margin | 15.2% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 16.1 months |
Financial Health Grade: A
In 2023, Edge Motor Museum Inc reported a surplus of $76K with revenue exceeding expenses, holds 16.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Edge Motor Museum Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.4% | +7.1% | +16.8% |
| 2022 | -2.5% | +7.2% | +11.8% |
| 2021 | +21.2% | +11.0% | +25.0% |
| 2020 | +0.9% | +13.4% | +15.3% |
| 2019 | +42.6% | +604.0% | +36.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Edge Motor Museum 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 Edge Motor Museum 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 surplus of $76K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.1%.
Frequently Asked Questions about Edge Motor Museum Inc
Is Edge Motor Museum Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Edge Motor Museum Inc (EIN: 825182805) insufficient data. 0 red flags identified, 0 strengths noted.
How does Edge Motor Museum Inc spend its money?
Detailed spending breakdown data is not yet available for Edge Motor Museum Inc. Check back for updated IRS 990 analysis.
Are donations to Edge Motor Museum Inc tax-deductible?
Edge Motor Museum Inc is registered as a tax-exempt nonprofit (EIN: 825182805). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Edge Motor Museum Inc located?
Edge Motor Museum Inc is headquartered in Memphis, Tennessee and files with the IRS under EIN 825182805. It is classified under NTEE code A50.
How many years of IRS 990 filings does Edge Motor Museum Inc have?
Edge Motor Museum Inc has 6 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 $483K in total revenue.
Filing History
IRS 990 filing history for Edge Motor Museum Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Edge Motor Museum Inc's revenue has grown by 90.9%, moving from $262K to $501K. Total assets increased by 156% over the same period, from $222K to $568K. Total functional expenses rose by 917.3%, from $42K to $425K. In its most recent filing year (2023), Edge Motor Museum Inc reported a surplus of $76K, with revenue exceeding expenses. The organization holds $12K in liabilities against $568K in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $556K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $501K | $425K | $568K | $12K | — | — |
| 2022 | $445K | $396K | $486K | $6K | — | View 990 |
| 2021 | $457K | $370K | $435K | $4K | — | View 990 |
| 2020 | $377K | $333K | $348K | $4K | — | — |
| 2019 | $374K | $294K | $302K | $1K | — | View 990 |
| 2018 | $262K | $42K | $222K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $501K, expenses of $425K, and assets of $568K (revenue +12.4% year-over-year).
- 2022: Revenue of $445K, expenses of $396K, and assets of $486K (revenue -2.5% year-over-year).
- 2021: Revenue of $457K, expenses of $370K, and assets of $435K (revenue +21.2% year-over-year).
- 2020: Revenue of $377K, expenses of $333K, and assets of $348K (revenue +0.9% year-over-year).
- 2019: Revenue of $374K, expenses of $294K, and assets of $302K (revenue +42.6% year-over-year).
- 2018: Revenue of $262K, expenses of $42K, and assets of $222K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edge Motor Museum Inc:
Data Sources and Methodology
This transparency report for Edge Motor Museum 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.