Headquarters Of National Sales Network Of African American Sales
EIN: 223462354 · Atlanta, GA · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $5.9M |
| Total Expenses | $3.4M |
| Net Assets | $8.9M |
Is Headquarters Of National Sales Network Of African American Sales Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Headquarters Of National Sales Network Of African American Sales
Headquarters Of National Sales Network Of African American Sales (EIN: 223462354) is a nonprofit organization based in Atlanta, GA, classified under NTEE code B99. The organization reported total revenue of $5.9M and total assets of $10.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Headquarters Of National Sales Network Of African American Sales's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Headquarters Of National Sales Network Of African American Sales is a mid-size nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.3M |
| Total Expenses | $3.4M |
| Surplus / Deficit | +$2.0M |
| Total Assets | $9.0M |
| Total Liabilities | $74K |
| Net Assets | $8.9M |
| Operating Margin | 36.7% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 31.9 months |
Financial Health Grade: A
In 2023, Headquarters Of National Sales Network Of African American Sales reported a surplus of $2.0M with revenue exceeding expenses, holds 31.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Headquarters Of National Sales Network Of African American Sales's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.7% | +25.8% | +36.1% |
| 2022 | +103.8% | +31.0% | +40.0% |
| 2021 | +35.7% | +100.9% | +15.8% |
| 2020 | -17.6% | -40.1% | +24.8% |
| 2019 | +19.8% | +26.3% | +32.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Headquarters Of National Sales Network Of African American Sales 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 Headquarters Of National Sales Network Of African American Sales 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 $2.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Headquarters Of National Sales Network Of African American Sales
Is Headquarters Of National Sales Network Of African American Sales a legitimate charity?
Based on AI analysis of IRS 990 filings, Headquarters Of National Sales Network Of African American Sales (EIN: 223462354) insufficient data. 0 red flags identified, 0 strengths noted.
How does Headquarters Of National Sales Network Of African American Sales spend its money?
Detailed spending breakdown data is not yet available for Headquarters Of National Sales Network Of African American Sales. Check back for updated IRS 990 analysis.
Are donations to Headquarters Of National Sales Network Of African American Sales tax-deductible?
Headquarters Of National Sales Network Of African American Sales is registered as a tax-exempt nonprofit (EIN: 223462354). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Headquarters Of National Sales Network Of African American Sales located?
Headquarters Of National Sales Network Of African American Sales is headquartered in Atlanta, Georgia and files with the IRS under EIN 223462354. It is classified under NTEE code B99.
How many years of IRS 990 filings does Headquarters Of National Sales Network Of African American Sales have?
Headquarters Of National Sales Network Of African American Sales 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 $5.9M in total revenue.
Filing History
IRS 990 filing history for Headquarters Of National Sales Network Of African American Sales showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Headquarters Of National Sales Network Of African American Sales's revenue has grown by 214.3%, moving from $1.7M to $5.3M. Total assets increased by 498.9% over the same period, from $1.5M to $9.0M. Total functional expenses rose by 186.6%, from $1.2M to $3.4M. In its most recent filing year (2023), Headquarters Of National Sales Network Of African American Sales reported a surplus of $2.0M, with revenue exceeding expenses. The organization holds $74K in liabilities against $9.0M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $8.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.3M | $3.4M | $9.0M | $74K | — | View 990 |
| 2022 | $5.1M | $2.7M | $6.6M | $83K | — | View 990 |
| 2021 | $2.5M | $2.0M | $4.7M | $19K | — | View 990 |
| 2020 | $1.8M | $1.0M | $4.1M | $-2,031 | — | — |
| 2019 | $2.2M | $1.7M | $3.2M | $27K | — | View 990 |
| 2018 | $1.9M | $1.3M | $2.5M | $11K | — | View 990 |
| 2017 | $1.5M | $1.4M | $2.1M | $10K | — | View 990 |
| 2016 | $1.3M | $1.3M | $2.0M | $44K | — | View 990 |
| 2015 | $1.1M | $1.2M | $2.0M | $16K | — | View 990 |
| 2014 | $1.2M | $1.3M | $1.7M | $8K | — | View 990 |
| 2013 | $1.5M | $1.1M | $1.8M | $0 | — | View 990 |
| 2012 | $1.6M | $1.3M | $1.4M | $0 | — | View 990 |
| 2011 | $1.7M | $1.2M | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.3M, expenses of $3.4M, and assets of $9.0M (revenue +4.7% year-over-year).
- 2022: Revenue of $5.1M, expenses of $2.7M, and assets of $6.6M (revenue +103.8% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.0M, and assets of $4.7M (revenue +35.7% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.0M, and assets of $4.1M (revenue -17.6% year-over-year).
- 2019: Revenue of $2.2M, expenses of $1.7M, and assets of $3.2M (revenue +19.8% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.3M, and assets of $2.5M (revenue +21.1% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.4M, and assets of $2.1M (revenue +18.7% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $2.0M (revenue +15.8% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.2M, and assets of $2.0M (revenue -9.0% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.3M, and assets of $1.7M (revenue -16.2% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.1M, and assets of $1.8M (revenue -8.8% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.3M, and assets of $1.4M (revenue -5.0% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.2M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Headquarters Of National Sales Network Of African American Sales:
Data Sources and Methodology
This transparency report for Headquarters Of National Sales Network Of African American Sales 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.