Highland North Music
EIN: 472631708 · Greensboro, NC · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $235K |
| Total Expenses | $129K |
| Net Assets | $-53 |
Is Highland North Music Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Highland North Music
Highland North Music (EIN: 472631708) is a nonprofit organization based in Greensboro, NC, classified under NTEE code A68. The organization reported total revenue of $235K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Highland North Music's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Highland North Music is a small nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $129K |
| Total Expenses | $129K |
| Surplus / Deficit | $-59 |
| Total Assets | $53 |
| Total Liabilities | $106 |
| Net Assets | $-53 |
| Operating Margin | -0.0% |
| Debt-to-Asset Ratio | 200.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2023, Highland North Music reported a deficit of $59 with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 200.0% (high leverage).
Financial Trends
Over 3 years of filings (2019–2023), Highland North Music's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.8% | +27.4% | +5200.0% |
| 2022 | -0.7% | -0.8% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Highland North Music 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 Highland North Music 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 $59, with expenses exceeding revenue.
- Debt-to-asset ratio: 200.0%.
Frequently Asked Questions about Highland North Music
Is Highland North Music a legitimate charity?
Highland North Music (EIN: 472631708) is a registered tax-exempt nonprofit based in North Carolina. It has 3 years of IRS 990 filings on record. Total revenue: $235K. No red flags identified. Financial health grade: D.
How does Highland North Music spend its money?
Highland North Music reported $235K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Highland North Music tax-deductible?
Highland North Music is registered as a tax-exempt nonprofit (EIN: 472631708). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Highland North Music located?
Highland North Music is headquartered in Greensboro, North Carolina and files with the IRS under EIN 472631708. It is classified under NTEE code A68.
How many years of IRS 990 filings does Highland North Music have?
Highland North Music has 3 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 $235K in total revenue.
Filing History
IRS 990 filing history for Highland North Music showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2019–2023), Highland North Music's revenue has grown by 33.8%, moving from $97K to $129K. Total assets increased by 5200% over the same period, from $1 to $53. Total functional expenses rose by 26.4%, from $102K to $129K. In its most recent filing year (2023), Highland North Music reported a deficit of $59, with expenses exceeding revenue. The organization holds $106 in liabilities against $53 in assets (debt-to-asset ratio: 200.0%), resulting in net assets of $-53.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $129K | $129K | $53 | $106 | — | View 990 |
| 2022 | $96K | $102K | $1 | $5K | — | View 990 |
| 2019 | $97K | $102K | $1 | $33K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $129K, expenses of $129K, and assets of $53 (revenue +34.8% year-over-year).
- 2022: Revenue of $96K, expenses of $102K, and assets of $1 (revenue -0.7% year-over-year).
- 2019: Revenue of $97K, expenses of $102K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Highland North Music:
Data Sources and Methodology
This transparency report for Highland North Music 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.