Friends Of John Coltrane
EIN: 272375364 · High Point, NC · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.1M |
| Net Assets | $509K |
Is Friends Of John Coltrane Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of John Coltrane
Friends Of John Coltrane (EIN: 272375364) is a nonprofit organization based in High Point, NC, classified under NTEE code A68. The organization reported total revenue of $1.7M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of John Coltrane's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of John Coltrane is a mid-size nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $594K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-505,584 |
| Total Assets | $509K |
| Net Assets | $509K |
| Operating Margin | -85.1% |
| Months of Reserves | 5.6 months |
Financial Health Grade: B
In 2023, Friends Of John Coltrane reported a deficit of $506K with expenses exceeding revenue, holds 5.6 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of John Coltrane's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -59.1% | +76.2% | -49.8% |
| 2022 | +362.6% | +799.2% | +361.1% |
| 2021 | -27.5% | -80.9% | +827.8% |
| 2020 | -12.3% | -23.1% | -7.0% |
| 2019 | +22.7% | +14.1% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friends Of John Coltrane 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 Friends Of John Coltrane 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 $506K, with expenses exceeding revenue.
Frequently Asked Questions about Friends Of John Coltrane
Is Friends Of John Coltrane a legitimate charity?
Friends Of John Coltrane (EIN: 272375364) is a registered tax-exempt nonprofit based in North Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. No red flags identified. Financial health grade: B.
How does Friends Of John Coltrane spend its money?
Friends Of John Coltrane reported $1.7M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Friends Of John Coltrane tax-deductible?
Friends Of John Coltrane is registered as a tax-exempt nonprofit (EIN: 272375364). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friends Of John Coltrane located?
Friends Of John Coltrane is headquartered in High Point, North Carolina and files with the IRS under EIN 272375364. It is classified under NTEE code A68.
How many years of IRS 990 filings does Friends Of John Coltrane have?
Friends Of John Coltrane has 13 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 $1.7M in total revenue.
Filing History
IRS 990 filing history for Friends Of John Coltrane showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of John Coltrane's revenue has grown by 364.1%, moving from $128K to $594K. Total assets increased by 1736.1% over the same period, from $28K to $509K. Total functional expenses rose by 989.9%, from $101K to $1.1M. In its most recent filing year (2023), Friends Of John Coltrane reported a deficit of $506K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $594K | $1.1M | $509K | $0 | — | View 990 |
| 2022 | $1.5M | $624K | $1.0M | $0 | — | View 990 |
| 2021 | $314K | $69K | $220K | $0 | — | — |
| 2020 | $433K | $363K | $24K | $48K | — | View 990 |
| 2019 | $494K | $472K | $25K | $99K | — | View 990 |
| 2018 | $403K | $414K | $25K | $91K | — | View 990 |
| 2017 | $409K | $435K | $39K | $94K | — | View 990 |
| 2016 | $370K | $380K | $44K | $74K | — | View 990 |
| 2015 | $217K | $270K | $13K | $33K | — | View 990 |
| 2014 | $182K | $203K | $33K | $0 | — | View 990 |
| 2013 | $213K | $179K | $57K | $3K | — | View 990 |
| 2012 | $163K | $172K | $19K | $0 | — | View 990 |
| 2011 | $128K | $101K | $28K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $594K, expenses of $1.1M, and assets of $509K (revenue -59.1% year-over-year).
- 2022: Revenue of $1.5M, expenses of $624K, and assets of $1.0M (revenue +362.6% year-over-year).
- 2021: Revenue of $314K, expenses of $69K, and assets of $220K (revenue -27.5% year-over-year).
- 2020: Revenue of $433K, expenses of $363K, and assets of $24K (revenue -12.3% year-over-year).
- 2019: Revenue of $494K, expenses of $472K, and assets of $25K (revenue +22.7% year-over-year).
- 2018: Revenue of $403K, expenses of $414K, and assets of $25K (revenue -1.6% year-over-year).
- 2017: Revenue of $409K, expenses of $435K, and assets of $39K (revenue +10.5% year-over-year).
- 2016: Revenue of $370K, expenses of $380K, and assets of $44K (revenue +70.7% year-over-year).
- 2015: Revenue of $217K, expenses of $270K, and assets of $13K (revenue +19.3% year-over-year).
- 2014: Revenue of $182K, expenses of $203K, and assets of $33K (revenue -14.8% year-over-year).
- 2013: Revenue of $213K, expenses of $179K, and assets of $57K (revenue +30.8% year-over-year).
- 2012: Revenue of $163K, expenses of $172K, and assets of $19K (revenue +27.6% year-over-year).
- 2011: Revenue of $128K, expenses of $101K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of John Coltrane:
Data Sources and Methodology
This transparency report for Friends Of John Coltrane 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.