Joyful Noise Inc
EIN: 352170990 · Lewisburg, WV · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $94K |
| Total Expenses | $127K |
| Net Assets | $320K |
Is Joyful Noise Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Joyful Noise Inc
Joyful Noise Inc (EIN: 352170990) is a nonprofit organization based in Lewisburg, WV, classified under NTEE code P33. The organization reported total revenue of $94K and total assets of $320K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joyful Noise Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joyful Noise Inc is a micro nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $219K |
| Total Expenses | $127K |
| Surplus / Deficit | +$92K |
| Total Assets | $323K |
| Total Liabilities | $3K |
| Net Assets | $320K |
| Operating Margin | 42.1% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 30.5 months |
Financial Health Grade: A
In 2023, Joyful Noise Inc reported a surplus of $92K with revenue exceeding expenses, holds 30.5 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), Joyful Noise Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.4% | +40.1% | +41.1% |
| 2022 | +122.2% | +30.3% | +108.7% |
| 2021 | +70.5% | -13.3% | +39.2% |
| 2020 | -42.4% | +1.4% | -9.6% |
| 2019 | +45.9% | +20.0% | +35.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Joyful Noise Inc 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 Joyful Noise Inc 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 $92K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Joyful Noise Inc
Is Joyful Noise Inc a legitimate charity?
Joyful Noise Inc (EIN: 352170990) is a registered tax-exempt nonprofit based in West Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $94K. No red flags identified. Financial health grade: A.
How does Joyful Noise Inc spend its money?
Joyful Noise Inc reported $94K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Joyful Noise Inc tax-deductible?
Joyful Noise Inc is registered as a tax-exempt nonprofit (EIN: 352170990). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Joyful Noise Inc located?
Joyful Noise Inc is headquartered in Lewisburg, West Virginia and files with the IRS under EIN 352170990. It is classified under NTEE code P33.
How many years of IRS 990 filings does Joyful Noise Inc have?
Joyful Noise Inc 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 $94K in total revenue.
Filing History
IRS 990 filing history for Joyful Noise Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Joyful Noise Inc's revenue has grown by 157.7%, moving from $85K to $219K. Total assets increased by 978% over the same period, from $30K to $323K. Total functional expenses rose by 104.1%, from $62K to $127K. In its most recent filing year (2023), Joyful Noise Inc reported a surplus of $92K, with revenue exceeding expenses. The organization holds $3K in liabilities against $323K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $320K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $219K | $127K | $323K | $3K | — | View 990 |
| 2022 | $222K | $91K | $229K | $977 | — | View 990 |
| 2021 | $100K | $70K | $110K | $14K | — | View 990 |
| 2020 | $59K | $80K | $79K | $13K | — | View 990 |
| 2019 | $102K | $79K | $87K | $0 | — | View 990 |
| 2018 | $70K | $66K | $64K | $0 | — | View 990 |
| 2017 | $93K | $72K | $61K | $399 | — | View 990 |
| 2016 | $98K | $71K | $33K | $647 | — | View 990 |
| 2015 | $74K | $79K | $6K | $992 | — | View 990 |
| 2014 | $75K | $78K | $24K | $0 | — | — |
| 2013 | $82K | $79K | $26K | $0 | — | View 990 |
| 2012 | $79K | $85K | $23K | $0 | — | View 990 |
| 2011 | $85K | $62K | $30K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $219K, expenses of $127K, and assets of $323K (revenue -1.4% year-over-year).
- 2022: Revenue of $222K, expenses of $91K, and assets of $229K (revenue +122.2% year-over-year).
- 2021: Revenue of $100K, expenses of $70K, and assets of $110K (revenue +70.5% year-over-year).
- 2020: Revenue of $59K, expenses of $80K, and assets of $79K (revenue -42.4% year-over-year).
- 2019: Revenue of $102K, expenses of $79K, and assets of $87K (revenue +45.9% year-over-year).
- 2018: Revenue of $70K, expenses of $66K, and assets of $64K (revenue -24.9% year-over-year).
- 2017: Revenue of $93K, expenses of $72K, and assets of $61K (revenue -5.3% year-over-year).
- 2016: Revenue of $98K, expenses of $71K, and assets of $33K (revenue +33.5% year-over-year).
- 2015: Revenue of $74K, expenses of $79K, and assets of $6K (revenue -2.1% year-over-year).
- 2014: Revenue of $75K, expenses of $78K, and assets of $24K (revenue -8.3% year-over-year).
- 2013: Revenue of $82K, expenses of $79K, and assets of $26K (revenue +4.4% year-over-year).
- 2012: Revenue of $79K, expenses of $85K, and assets of $23K (revenue -7.6% year-over-year).
- 2011: Revenue of $85K, expenses of $62K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joyful Noise Inc:
Data Sources and Methodology
This transparency report for Joyful Noise Inc 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.