Holy Melody Association
EIN: 300673245 · Olathe, KS · NTEE: K40
| Metric | Value |
|---|---|
| Total Revenue | $9K |
| Total Expenses | $22K |
| Net Assets | $17K |
Is Holy Melody Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Holy Melody Association
Holy Melody Association (EIN: 300673245) is a nonprofit organization based in Olathe, KS, classified under NTEE code K40. The organization reported total revenue of $9K and total assets of $278K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holy Melody Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holy Melody Association is a micro nonprofit that has been operating for 9 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17K |
| Total Expenses | $22K |
| Surplus / Deficit | $-5,570 |
| Total Assets | $278K |
| Total Liabilities | $262K |
| Net Assets | $17K |
| Operating Margin | -33.4% |
| Debt-to-Asset Ratio | 94.1% |
| Months of Reserves | 149.9 months |
Financial Health Grade: C
In 2023, Holy Melody Association reported a deficit of $6K with expenses exceeding revenue, holds 149.9 months of operating reserves (strong position), has a debt-to-asset ratio of 94.1% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.9% | -27.7% | -1.4% |
| 2022 | -37.9% | +20.5% | -5.9% |
| 2021 | -64.4% | -44.7% | -1.5% |
| 2020 | +10.8% | +62.0% | +866.4% |
| 2019 | +173.2% | -13.1% | +370.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Holy Melody Association 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 Holy Melody Association 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 $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 94.1%.
Frequently Asked Questions about Holy Melody Association
Is Holy Melody Association a legitimate charity?
Holy Melody Association (EIN: 300673245) is a registered tax-exempt nonprofit based in Kansas. It has 13 years of IRS 990 filings on record. Total revenue: $9K. No red flags identified. Financial health grade: C.
How does Holy Melody Association spend its money?
Holy Melody Association reported $9K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Holy Melody Association tax-deductible?
Holy Melody Association is registered as a tax-exempt nonprofit (EIN: 300673245). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Holy Melody Association located?
Holy Melody Association is headquartered in Olathe, Kansas and files with the IRS under EIN 300673245. It is classified under NTEE code K40.
How many years of IRS 990 filings does Holy Melody Association have?
Holy Melody Association 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 $9K in total revenue.
Filing History
IRS 990 filing history for Holy Melody Association showing financial trends over 13 years of public records:
Total assets increased by 27808000% over the same period, from $1 to $278K. In its most recent filing year (2023), Holy Melody Association reported a deficit of $6K, with expenses exceeding revenue. The organization holds $262K in liabilities against $278K in assets (debt-to-asset ratio: 94.1%), resulting in net assets of $17K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17K | $22K | $278K | $262K | — | View 990 |
| 2022 | $13K | $31K | $282K | $260K | — | — |
| 2021 | $21K | $26K | $300K | $260K | — | — |
| 2020 | $59K | $46K | $304K | $260K | — | — |
| 2019 | $53K | $29K | $31K | $0 | — | View 990 |
| 2018 | $20K | $33K | $7K | $0 | — | View 990 |
| 2017 | $20K | $0 | $20K | $0 | — | View 990 |
| 2016 | $0 | $0 | $1 | $0 | — | View 990 |
| 2015 | $0 | $0 | $1 | $0 | — | View 990 |
| 2014 | $0 | $0 | $1 | $0 | — | View 990 |
| 2013 | $0 | $0 | $1 | $0 | — | — |
| 2012 | $0 | $0 | $1 | $0 | — | — |
| 2011 | $0 | $0 | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $17K, expenses of $22K, and assets of $278K (revenue +27.9% year-over-year).
- 2022: Revenue of $13K, expenses of $31K, and assets of $282K (revenue -37.9% year-over-year).
- 2021: Revenue of $21K, expenses of $26K, and assets of $300K (revenue -64.4% year-over-year).
- 2020: Revenue of $59K, expenses of $46K, and assets of $304K (revenue +10.8% year-over-year).
- 2019: Revenue of $53K, expenses of $29K, and assets of $31K (revenue +173.2% year-over-year).
- 2018: Revenue of $20K, expenses of $33K, and assets of $7K (revenue -2.4% year-over-year).
- 2017: Revenue of $20K, expenses of $0, and assets of $20K.
- 2016: Revenue of $0, expenses of $0, and assets of $1.
- 2015: Revenue of $0, expenses of $0, and assets of $1.
- 2014: Revenue of $0, expenses of $0, and assets of $1.
- 2013: Revenue of $0, expenses of $0, and assets of $1.
- 2012: Revenue of $0, expenses of $0, and assets of $1.
- 2011: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holy Melody Association:
Data Sources and Methodology
This transparency report for Holy Melody Association 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.