Follow Your Heart Arts Program Inc
EIN: 815120647 · Ridgeland, MS · NTEE: A68
| Metric | Value |
|---|---|
| Total Expenses | $25K |
| Net Assets | $54K |
Is Follow Your Heart Arts Program Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Follow Your Heart Arts Program Inc
Follow Your Heart Arts Program Inc (EIN: 815120647) is a nonprofit organization based in Ridgeland, MS, classified under NTEE code A68. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Follow Your Heart Arts Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Follow Your Heart Arts Program Inc is a micro nonprofit that has been operating for 9 years, with 2 years of IRS 990 filings on record (2019–2020). Revenue has grown at a compound annual rate of -75.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $19K |
| Total Expenses | $25K |
| Surplus / Deficit | $-6,693 |
| Total Assets | $54K |
| Net Assets | $54K |
| Operating Margin | -36.0% |
| Months of Reserves | 25.8 months |
Financial Health Grade: B
In 2020, Follow Your Heart Arts Program Inc reported a deficit of $7K with expenses exceeding revenue, holds 25.8 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2019–2020), Follow Your Heart Arts Program Inc's revenue has declined at a compound annual growth rate (CAGR) of -75.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -75.3% | -46.0% | -12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Follow Your Heart Arts Program 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 Follow Your Heart Arts Program 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
Frequently Asked Questions about Follow Your Heart Arts Program Inc
Is Follow Your Heart Arts Program Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Follow Your Heart Arts Program Inc (EIN: 815120647) insufficient data. 0 red flags identified, 0 strengths noted.
How does Follow Your Heart Arts Program Inc spend its money?
Detailed spending breakdown data is not yet available for Follow Your Heart Arts Program Inc. Check back for updated IRS 990 analysis.
Are donations to Follow Your Heart Arts Program Inc tax-deductible?
Follow Your Heart Arts Program Inc is registered as a tax-exempt nonprofit (EIN: 815120647). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Follow Your Heart Arts Program Inc located?
Follow Your Heart Arts Program Inc is headquartered in Ridgeland, Mississippi and files with the IRS under EIN 815120647. It is classified under NTEE code A68.
How many years of IRS 990 filings does Follow Your Heart Arts Program Inc have?
Follow Your Heart Arts Program Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Follow Your Heart Arts Program Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2019–2020), Follow Your Heart Arts Program Inc's revenue has declined by 75.3%, moving from $75K to $19K. Total assets decreased by 12.7% over the same period, from $62K to $54K. Total functional expenses fell by 46%, from $47K to $25K. In its most recent filing year (2020), Follow Your Heart Arts Program Inc reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $19K | $25K | $54K | $0 | — | View 990 |
| 2019 | $75K | $47K | $62K | $1K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Follow Your Heart Arts Program Inc:
Data Sources and Methodology
This transparency report for Follow Your Heart Arts Program 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.