Historic Everett Theatre Preservation Society
EIN: 812518066 · Everett, WA · NTEE: T50
| Metric | Value |
|---|---|
| Total Revenue | $866K |
| Total Expenses | $788K |
| Net Assets | $-46,823 |
Is Historic Everett Theatre Preservation Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Historic Everett Theatre Preservation Society
Historic Everett Theatre Preservation Society (EIN: 812518066) is a nonprofit organization based in Everett, WA, classified under NTEE code T50. The organization reported total revenue of $866K and total assets of $136K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Historic Everett Theatre Preservation Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Historic Everett Theatre Preservation Society is a small nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 55.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $726K |
| Total Expenses | $788K |
| Surplus / Deficit | $-61,552 |
| Total Assets | $76K |
| Total Liabilities | $123K |
| Net Assets | $-46,823 |
| Operating Margin | -8.5% |
| Debt-to-Asset Ratio | 161.2% |
| Months of Reserves | 1.2 months |
Financial Health Grade: D
In 2023, Historic Everett Theatre Preservation Society reported a deficit of $62K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 161.2% (high leverage).
Financial Trends
Over 7 years of filings (2016–2023), Historic Everett Theatre Preservation Society's revenue has grown at a compound annual growth rate (CAGR) of 55.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.0% | -15.6% | -22.1% |
| 2022 | +12.8% | +23.8% | +32.7% |
| 2021 | +280.4% | +188.8% | +210.6% |
| 2020 | -70.0% | -64.5% | +114.4% |
| 2019 | -0.6% | +6.4% | +133.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Historic Everett Theatre Preservation Society 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 Historic Everett Theatre Preservation Society 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 $62K, with expenses exceeding revenue.
- Debt-to-asset ratio: 161.2%.
Frequently Asked Questions about Historic Everett Theatre Preservation Society
Is Historic Everett Theatre Preservation Society a legitimate charity?
Historic Everett Theatre Preservation Society (EIN: 812518066) is a registered tax-exempt nonprofit based in Washington. It has 7 years of IRS 990 filings on record. Total revenue: $866K. No red flags identified. Financial health grade: D.
How does Historic Everett Theatre Preservation Society spend its money?
Historic Everett Theatre Preservation Society reported $866K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Historic Everett Theatre Preservation Society tax-deductible?
Historic Everett Theatre Preservation Society is registered as a tax-exempt nonprofit (EIN: 812518066). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Historic Everett Theatre Preservation Society located?
Historic Everett Theatre Preservation Society is headquartered in Everett, Washington and files with the IRS under EIN 812518066. It is classified under NTEE code T50.
How many years of IRS 990 filings does Historic Everett Theatre Preservation Society have?
Historic Everett Theatre Preservation Society has 7 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 $866K in total revenue.
Filing History
IRS 990 filing history for Historic Everett Theatre Preservation Society showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2023), Historic Everett Theatre Preservation Society's revenue has grown by 2140.4%, moving from $32K to $726K. Total assets increased by 215% over the same period, from $24K to $76K. Total functional expenses rose by 247.9%, from $226K to $788K. In its most recent filing year (2023), Historic Everett Theatre Preservation Society reported a deficit of $62K, with expenses exceeding revenue. The organization holds $123K in liabilities against $76K in assets (debt-to-asset ratio: 161.2%), resulting in net assets of $-46,823.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $726K | $788K | $76K | $123K | — | — |
| 2022 | $875K | $933K | $98K | $83K | — | View 990 |
| 2021 | $776K | $754K | $74K | $58K | — | View 990 |
| 2020 | $204K | $261K | $24K | $26K | — | View 990 |
| 2019 | $681K | $736K | $11K | $40K | — | View 990 |
| 2017 | $685K | $692K | $5K | $22K | — | View 990 |
| 2016 | $32K | $226K | $24K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $726K, expenses of $788K, and assets of $76K (revenue -17.0% year-over-year).
- 2022: Revenue of $875K, expenses of $933K, and assets of $98K (revenue +12.8% year-over-year).
- 2021: Revenue of $776K, expenses of $754K, and assets of $74K (revenue +280.4% year-over-year).
- 2020: Revenue of $204K, expenses of $261K, and assets of $24K (revenue -70.0% year-over-year).
- 2019: Revenue of $681K, expenses of $736K, and assets of $11K (revenue -0.6% year-over-year).
- 2017: Revenue of $685K, expenses of $692K, and assets of $5K (revenue +2012.2% year-over-year).
- 2016: Revenue of $32K, expenses of $226K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Historic Everett Theatre Preservation Society:
Data Sources and Methodology
This transparency report for Historic Everett Theatre Preservation Society 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.