Jefferson Street United Merchants
EIN: 621595037 · Nashville, TN · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $255K |
| Total Expenses | $78K |
| Net Assets | $280K |
Is Jefferson Street United Merchants Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jefferson Street United Merchants
Jefferson Street United Merchants (EIN: 621595037) is a nonprofit organization based in Nashville, TN, classified under NTEE code S20. The organization reported total revenue of $255K and total assets of $572K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jefferson Street United Merchants's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jefferson Street United Merchants is a small nonprofit that has been operating for 14 years, with 14 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of -4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $59K |
| Total Expenses | $78K |
| Surplus / Deficit | $-18,540 |
| Total Assets | $572K |
| Total Liabilities | $292K |
| Net Assets | $280K |
| Operating Margin | -31.4% |
| Debt-to-Asset Ratio | 51.0% |
| Months of Reserves | 88.5 months |
Financial Health Grade: C
In 2023, Jefferson Street United Merchants reported a deficit of $19K with expenses exceeding revenue, holds 88.5 months of operating reserves (strong position), has a debt-to-asset ratio of 51.0% (high leverage).
Financial Trends
Over 14 years of filings (2008–2023), Jefferson Street United Merchants's revenue has declined at a compound annual growth rate (CAGR) of -4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -63.1% | -29.9% | -7.9% |
| 2022 | -7.4% | -19.2% | -0.9% |
| 2021 | -3.3% | +1.3% | -3.3% |
| 2019 | -100.0% | -100.0% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jefferson Street United Merchants 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 Jefferson Street United Merchants 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 $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 51.0%.
Frequently Asked Questions about Jefferson Street United Merchants
Is Jefferson Street United Merchants a legitimate charity?
Jefferson Street United Merchants (EIN: 621595037) is a registered tax-exempt nonprofit based in Tennessee. It has 14 years of IRS 990 filings on record. Total revenue: $255K. No red flags identified. Financial health grade: C.
How does Jefferson Street United Merchants spend its money?
Jefferson Street United Merchants reported $255K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Jefferson Street United Merchants tax-deductible?
Jefferson Street United Merchants is registered as a tax-exempt nonprofit (EIN: 621595037). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jefferson Street United Merchants located?
Jefferson Street United Merchants is headquartered in Nashville, Tennessee and files with the IRS under EIN 621595037. It is classified under NTEE code S20.
How many years of IRS 990 filings does Jefferson Street United Merchants have?
Jefferson Street United Merchants has 14 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 $255K in total revenue.
Filing History
IRS 990 filing history for Jefferson Street United Merchants showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2008–2023), Jefferson Street United Merchants's revenue has declined by 47.1%, moving from $112K to $59K. Total assets increased by 3491.2% over the same period, from $16K to $572K. Total functional expenses fell by 42%, from $134K to $78K. In its most recent filing year (2023), Jefferson Street United Merchants reported a deficit of $19K, with expenses exceeding revenue. The organization holds $292K in liabilities against $572K in assets (debt-to-asset ratio: 51.0%), resulting in net assets of $280K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $59K | $78K | $572K | $292K | — | View 990 |
| 2022 | $160K | $111K | $621K | $317K | — | View 990 |
| 2021 | $173K | $137K | $626K | $370K | — | — |
| 2020 | $179K | $135K | $647K | $427K | — | — |
| 2019 | $0 | $0 | $0 | $0 | — | View 990 |
| 2018 | $165K | $152K | $676K | $512K | — | — |
| 2017 | $369K | $299K | $33K | $541K | — | View 990 |
| 2016 | $225K | $284K | $724K | $590K | — | View 990 |
| 2015 | $564K | $447K | $978K | $785K | — | View 990 |
| 2014 | $522K | $453K | $982K | $860K | — | View 990 |
| 2013 | $354K | $357K | $865K | $811K | — | View 990 |
| 2012 | $306K | $276K | $743K | $600K | — | View 990 |
| 2009 | $221K | $219K | $12K | $17K | — | View 990 |
| 2008 | $112K | $134K | $16K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $59K, expenses of $78K, and assets of $572K (revenue -63.1% year-over-year).
- 2022: Revenue of $160K, expenses of $111K, and assets of $621K (revenue -7.4% year-over-year).
- 2021: Revenue of $173K, expenses of $137K, and assets of $626K (revenue -3.3% year-over-year).
- 2020: Revenue of $179K, expenses of $135K, and assets of $647K.
- 2019: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2018: Revenue of $165K, expenses of $152K, and assets of $676K (revenue -55.3% year-over-year).
- 2017: Revenue of $369K, expenses of $299K, and assets of $33K (revenue +64.2% year-over-year).
- 2016: Revenue of $225K, expenses of $284K, and assets of $724K (revenue -60.1% year-over-year).
- 2015: Revenue of $564K, expenses of $447K, and assets of $978K (revenue +8.1% year-over-year).
- 2014: Revenue of $522K, expenses of $453K, and assets of $982K (revenue +47.3% year-over-year).
- 2013: Revenue of $354K, expenses of $357K, and assets of $865K (revenue +15.8% year-over-year).
- 2012: Revenue of $306K, expenses of $276K, and assets of $743K (revenue +38.1% year-over-year).
- 2009: Revenue of $221K, expenses of $219K, and assets of $12K (revenue +98.3% year-over-year).
- 2008: Revenue of $112K, expenses of $134K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jefferson Street United Merchants:
Data Sources and Methodology
This transparency report for Jefferson Street United Merchants 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.