Fuerte Art Collective
EIN: 871857404 · Phoenix, AZ · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $743K |
| Total Expenses | $355K |
| Net Assets | $-228,645 |
Is Fuerte Art Collective Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fuerte Art Collective
Fuerte Art Collective (EIN: 871857404) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code A20. The organization reported total revenue of $743K and total assets of $274K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fuerte Art Collective's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fuerte Art Collective is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $429K |
| Total Expenses | $355K |
| Surplus / Deficit | +$74K |
| Total Assets | $60K |
| Total Liabilities | $289K |
| Net Assets | $-228,645 |
| Operating Margin | 17.3% |
| Debt-to-Asset Ratio | 478.0% |
| Months of Reserves | 2.0 months |
Financial Health Grade: B
In 2023, Fuerte Art Collective reported a surplus of $74K with revenue exceeding expenses, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 478.0% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Fuerte Art Collective's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.0% | -42.3% | +200.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fuerte Art Collective 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 Fuerte Art Collective 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 $74K, with revenue exceeding expenses.
- Debt-to-asset ratio: 478.0%.
Frequently Asked Questions about Fuerte Art Collective
Is Fuerte Art Collective a legitimate charity?
Based on AI analysis of IRS 990 filings, Fuerte Art Collective (EIN: 871857404) insufficient data. 0 red flags identified, 0 strengths noted.
How does Fuerte Art Collective spend its money?
Detailed spending breakdown data is not yet available for Fuerte Art Collective. Check back for updated IRS 990 analysis.
Are donations to Fuerte Art Collective tax-deductible?
Fuerte Art Collective is registered as a tax-exempt nonprofit (EIN: 871857404). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fuerte Art Collective located?
Fuerte Art Collective is headquartered in Phoenix, Arizona and files with the IRS under EIN 871857404. It is classified under NTEE code A20.
How many years of IRS 990 filings does Fuerte Art Collective have?
Fuerte Art Collective 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 $743K in total revenue.
Filing History
IRS 990 filing history for Fuerte Art Collective showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Fuerte Art Collective's revenue has grown by 7%, moving from $401K to $429K. Total assets increased by 200.5% over the same period, from $20K to $60K. Total functional expenses fell by 42.3%, from $614K to $355K. In its most recent filing year (2023), Fuerte Art Collective reported a surplus of $74K, with revenue exceeding expenses. The organization holds $289K in liabilities against $60K in assets (debt-to-asset ratio: 478.0%), resulting in net assets of $-228,645.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $429K | $355K | $60K | $289K | — | — |
| 2022 | $401K | $614K | $20K | $323K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fuerte Art Collective:
Data Sources and Methodology
This transparency report for Fuerte Art Collective 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.