Franklin Pond Chamber Music Inc
EIN: 364509425 · Atlanta, GA · NTEE: A25
| Metric | Value |
|---|---|
| Total Revenue | $197K |
| Total Expenses | $188K |
| Net Assets | $410K |
Is Franklin Pond Chamber Music Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Franklin Pond Chamber Music Inc
Franklin Pond Chamber Music Inc (EIN: 364509425) is a nonprofit organization based in Atlanta, GA, classified under NTEE code A25. The organization reported total revenue of $197K and total assets of $411K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Franklin Pond Chamber Music Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Franklin Pond Chamber Music Inc is a small nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $222K |
| Total Expenses | $188K |
| Surplus / Deficit | +$34K |
| Total Assets | $410K |
| Total Liabilities | $24 |
| Net Assets | $410K |
| Operating Margin | 15.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 26.2 months |
Financial Health Grade: A
In 2023, Franklin Pond Chamber Music Inc reported a surplus of $34K with revenue exceeding expenses, holds 26.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Franklin Pond Chamber Music Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.2% | -2.3% | +9.0% |
| 2022 | -14.0% | +3.0% | -6.1% |
| 2021 | -36.2% | +57.4% | +14.1% |
| 2020 | +186.3% | +16.3% | +138.2% |
| 2019 | -6.6% | +2.7% | +7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Franklin Pond Chamber Music 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 Franklin Pond Chamber Music 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 $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Franklin Pond Chamber Music Inc
Is Franklin Pond Chamber Music Inc a legitimate charity?
Franklin Pond Chamber Music Inc (EIN: 364509425) is a registered tax-exempt nonprofit based in Georgia. It has 14 years of IRS 990 filings on record. Total revenue: $197K. No red flags identified. Financial health grade: A.
How does Franklin Pond Chamber Music Inc spend its money?
Franklin Pond Chamber Music Inc reported $197K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Franklin Pond Chamber Music Inc tax-deductible?
Franklin Pond Chamber Music Inc is registered as a tax-exempt nonprofit (EIN: 364509425). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Franklin Pond Chamber Music Inc located?
Franklin Pond Chamber Music Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 364509425. It is classified under NTEE code A25.
How many years of IRS 990 filings does Franklin Pond Chamber Music Inc have?
Franklin Pond Chamber Music Inc has 14 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 Franklin Pond Chamber Music Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Franklin Pond Chamber Music Inc's revenue has grown by 308.2%, moving from $54K to $222K. Total assets increased by 510% over the same period, from $67K to $410K. Total functional expenses rose by 330.3%, from $44K to $188K. In its most recent filing year (2023), Franklin Pond Chamber Music Inc reported a surplus of $34K, with revenue exceeding expenses. The organization holds $24 in liabilities against $410K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $410K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $222K | $188K | $410K | $24 | — | — |
| 2022 | $177K | $192K | $377K | $0 | — | View 990 |
| 2021 | $206K | $187K | $401K | $2K | — | View 990 |
| 2020 | $323K | $119K | $352K | $0 | — | View 990 |
| 2019 | $113K | $102K | $148K | $0 | — | View 990 |
| 2018 | $121K | $99K | $137K | $0 | — | View 990 |
| 2017 | $125K | $102K | $116K | $108 | — | View 990 |
| 2016 | $69K | $75K | $93K | $215 | — | View 990 |
| 2015 | $92K | $80K | $99K | $228 | — | View 990 |
| 2014 | $63K | $66K | $87K | $0 | — | View 990 |
| 2013 | $65K | $62K | $90K | $274 | — | View 990 |
| 2012 | $80K | $69K | $88K | $32 | — | View 990 |
| 2011 | $63K | $53K | $77K | $6 | — | View 990 |
| 2010 | $54K | $44K | $67K | $537 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $222K, expenses of $188K, and assets of $410K (revenue +25.2% year-over-year).
- 2022: Revenue of $177K, expenses of $192K, and assets of $377K (revenue -14.0% year-over-year).
- 2021: Revenue of $206K, expenses of $187K, and assets of $401K (revenue -36.2% year-over-year).
- 2020: Revenue of $323K, expenses of $119K, and assets of $352K (revenue +186.3% year-over-year).
- 2019: Revenue of $113K, expenses of $102K, and assets of $148K (revenue -6.6% year-over-year).
- 2018: Revenue of $121K, expenses of $99K, and assets of $137K (revenue -3.7% year-over-year).
- 2017: Revenue of $125K, expenses of $102K, and assets of $116K (revenue +82.8% year-over-year).
- 2016: Revenue of $69K, expenses of $75K, and assets of $93K (revenue -25.7% year-over-year).
- 2015: Revenue of $92K, expenses of $80K, and assets of $99K (revenue +45.7% year-over-year).
- 2014: Revenue of $63K, expenses of $66K, and assets of $87K (revenue -2.3% year-over-year).
- 2013: Revenue of $65K, expenses of $62K, and assets of $90K (revenue -19.2% year-over-year).
- 2012: Revenue of $80K, expenses of $69K, and assets of $88K (revenue +27.6% year-over-year).
- 2011: Revenue of $63K, expenses of $53K, and assets of $77K (revenue +15.6% year-over-year).
- 2010: Revenue of $54K, expenses of $44K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Franklin Pond Chamber Music Inc:
Data Sources and Methodology
This transparency report for Franklin Pond Chamber Music 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.