Forst Inn Arts Collective Inc
EIN: 822173776 · Tisch Mills, WI · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $197K |
| Total Expenses | $174K |
| Net Assets | $-109,839 |
Is Forst Inn Arts Collective Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Forst Inn Arts Collective Inc
Forst Inn Arts Collective Inc (EIN: 822173776) is a nonprofit organization based in Tisch Mills, WI, classified under NTEE code A60. The organization reported total revenue of $197K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forst Inn Arts Collective Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forst Inn Arts Collective Inc is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 11.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $163K |
| Total Expenses | $174K |
| Surplus / Deficit | $-10,765 |
| Total Assets | $25K |
| Total Liabilities | $135K |
| Net Assets | $-109,839 |
| Operating Margin | -6.6% |
| Debt-to-Asset Ratio | 543.8% |
| Months of Reserves | 1.7 months |
Financial Health Grade: D
In 2023, Forst Inn Arts Collective Inc reported a deficit of $11K with expenses exceeding revenue, holds 1.7 months of operating reserves (limited), has a debt-to-asset ratio of 543.8% (high leverage).
Financial Trends
Over 5 years of filings (2019–2023), Forst Inn Arts Collective Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.0% | +27.6% | +60.2% |
| 2022 | +28.3% | +28.2% | +101.4% |
| 2021 | +198.6% | +75.9% | +426.4% |
| 2020 | -65.7% | -47.0% | -38.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Forst Inn Arts Collective 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 Forst Inn Arts Collective 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 $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 543.8%.
Frequently Asked Questions about Forst Inn Arts Collective Inc
Is Forst Inn Arts Collective Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Forst Inn Arts Collective Inc (EIN: 822173776) insufficient data. 0 red flags identified, 0 strengths noted.
How does Forst Inn Arts Collective Inc spend its money?
Detailed spending breakdown data is not yet available for Forst Inn Arts Collective Inc. Check back for updated IRS 990 analysis.
Are donations to Forst Inn Arts Collective Inc tax-deductible?
Forst Inn Arts Collective Inc is registered as a tax-exempt nonprofit (EIN: 822173776). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Forst Inn Arts Collective Inc located?
Forst Inn Arts Collective Inc is headquartered in Tisch Mills, Wisconsin and files with the IRS under EIN 822173776. It is classified under NTEE code A60.
How many years of IRS 990 filings does Forst Inn Arts Collective Inc have?
Forst Inn Arts Collective Inc has 5 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 $197K in total revenue.
Filing History
IRS 990 filing history for Forst Inn Arts Collective Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Forst Inn Arts Collective Inc's revenue has grown by 56.3%, moving from $104K to $163K. Total assets increased by 953.6% over the same period, from $2K to $25K. Total functional expenses rose by 52.5%, from $114K to $174K. In its most recent filing year (2023), Forst Inn Arts Collective Inc reported a deficit of $11K, with expenses exceeding revenue. The organization holds $135K in liabilities against $25K in assets (debt-to-asset ratio: 543.8%), resulting in net assets of $-109,839.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $163K | $174K | $25K | $135K | — | View 990 |
| 2022 | $137K | $136K | $15K | $115K | — | — |
| 2021 | $107K | $106K | $8K | $108K | — | — |
| 2020 | $36K | $61K | $1K | $102K | — | View 990 |
| 2019 | $104K | $114K | $2K | $78K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $163K, expenses of $174K, and assets of $25K (revenue +19.0% year-over-year).
- 2022: Revenue of $137K, expenses of $136K, and assets of $15K (revenue +28.3% year-over-year).
- 2021: Revenue of $107K, expenses of $106K, and assets of $8K (revenue +198.6% year-over-year).
- 2020: Revenue of $36K, expenses of $61K, and assets of $1K (revenue -65.7% year-over-year).
- 2019: Revenue of $104K, expenses of $114K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forst Inn Arts Collective Inc:
Data Sources and Methodology
This transparency report for Forst Inn Arts Collective 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.