Florence Camerata Inc
EIN: 261716232 · Florence, AL · NTEE: A6B
| Metric | Value |
|---|---|
| Total Revenue | $9K |
| Total Expenses | $6K |
| Net Assets | $6K |
Is Florence Camerata Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Florence Camerata Inc
Florence Camerata Inc (EIN: 261716232) is a nonprofit organization based in Florence, AL, classified under NTEE code A6B. The organization reported total revenue of $9K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Florence Camerata Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Florence Camerata Inc is a micro nonprofit that has been operating for 17 years, with 2 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of -17.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $6K |
| Surplus / Deficit | $-2,613 |
| Total Assets | $6K |
| Net Assets | $6K |
| Operating Margin | -72.2% |
| Months of Reserves | 12.2 months |
Financial Health Grade: B
In 2023, Florence Camerata Inc reported a deficit of $3K with expenses exceeding revenue, holds 12.2 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2018–2023), Florence Camerata Inc's revenue has declined at a compound annual growth rate (CAGR) of -17.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -60.5% | -46.2% | +1527.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Florence Camerata 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 Florence Camerata 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 $3K, with expenses exceeding revenue.
Frequently Asked Questions about Florence Camerata Inc
Is Florence Camerata Inc a legitimate charity?
Florence Camerata Inc (EIN: 261716232) is a registered tax-exempt nonprofit based in Alabama. It has 2 years of IRS 990 filings on record. Total revenue: $9K. No red flags identified. Financial health grade: B.
How does Florence Camerata Inc spend its money?
Florence Camerata Inc reported $9K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Florence Camerata Inc tax-deductible?
Florence Camerata Inc is registered as a tax-exempt nonprofit (EIN: 261716232). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Florence Camerata Inc located?
Florence Camerata Inc is headquartered in Florence, Alabama and files with the IRS under EIN 261716232. It is classified under NTEE code A6B.
How many years of IRS 990 filings does Florence Camerata Inc have?
Florence Camerata Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $9K in total revenue.
Filing History
IRS 990 filing history for Florence Camerata Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2018–2023), Florence Camerata Inc's revenue has declined by 60.5%, moving from $9K to $4K. Total assets increased by 1527.8% over the same period, from $388 to $6K. Total functional expenses fell by 46.2%, from $12K to $6K. In its most recent filing year (2023), Florence Camerata Inc reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $6K | $6K | $0 | — | View 990 |
| 2018 | $9K | $12K | $388 | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Florence Camerata Inc:
Data Sources and Methodology
This transparency report for Florence Camerata 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.