Gafa Studios
EIN: 471644521 · Wilmington, NC · NTEE: A62
| Metric | Value |
|---|---|
| Total Revenue | $280K |
| Total Expenses | $181K |
| Net Assets | $106K |
Is Gafa Studios Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gafa Studios
Gafa Studios (EIN: 471644521) is a nonprofit organization based in Wilmington, NC, classified under NTEE code A62. The organization reported total revenue of $280K and total assets of $115K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gafa Studios's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gafa Studios is a small nonprofit that has been operating for 11 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $204K |
| Total Expenses | $181K |
| Surplus / Deficit | +$23K |
| Total Assets | $106K |
| Net Assets | $106K |
| Operating Margin | 11.1% |
| Months of Reserves | 7.1 months |
Financial Health Grade: A
In 2023, Gafa Studios reported a surplus of $23K with revenue exceeding expenses, holds 7.1 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), Gafa Studios's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.7% | +27.6% | +27.1% |
| 2022 | +14.5% | +18.1% | +122.2% |
| 2021 | +51.6% | +14.6% | +3765900.0% |
| 2020 | -22.4% | -30.9% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gafa Studios 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 Gafa Studios 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 $23K, with revenue exceeding expenses.
Frequently Asked Questions about Gafa Studios
Is Gafa Studios a legitimate charity?
Based on AI analysis of IRS 990 filings, Gafa Studios (EIN: 471644521) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gafa Studios spend its money?
Detailed spending breakdown data is not yet available for Gafa Studios. Check back for updated IRS 990 analysis.
Are donations to Gafa Studios tax-deductible?
Gafa Studios is registered as a tax-exempt nonprofit (EIN: 471644521). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gafa Studios located?
Gafa Studios is headquartered in Wilmington, North Carolina and files with the IRS under EIN 471644521. It is classified under NTEE code A62.
How many years of IRS 990 filings does Gafa Studios have?
Gafa Studios 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 $280K in total revenue.
Filing History
IRS 990 filing history for Gafa Studios showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Gafa Studios's revenue has grown by 51.8%, moving from $134K to $204K. Total assets increased by 10636400% over the same period, from $1 to $106K. Total functional expenses rose by 19.3%, from $152K to $181K. In its most recent filing year (2023), Gafa Studios reported a surplus of $23K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $204K | $181K | $106K | $0 | — | View 990 |
| 2022 | $181K | $142K | $84K | $0 | — | — |
| 2021 | $158K | $120K | $38K | $0 | — | — |
| 2020 | $104K | $105K | $1 | $0 | — | — |
| 2019 | $134K | $152K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $204K, expenses of $181K, and assets of $106K (revenue +12.7% year-over-year).
- 2022: Revenue of $181K, expenses of $142K, and assets of $84K (revenue +14.5% year-over-year).
- 2021: Revenue of $158K, expenses of $120K, and assets of $38K (revenue +51.6% year-over-year).
- 2020: Revenue of $104K, expenses of $105K, and assets of $1 (revenue -22.4% year-over-year).
- 2019: Revenue of $134K, expenses of $152K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gafa Studios:
Data Sources and Methodology
This transparency report for Gafa Studios 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.