Killingly School Of Music
EIN: 842235248 · Danielson, CT · NTEE: A99
| Metric | Value |
|---|---|
| Total Revenue | $141K |
| Total Expenses | $90K |
| Net Assets | $110K |
Is Killingly School Of Music Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Killingly School Of Music
Killingly School Of Music (EIN: 842235248) is a nonprofit organization based in Danielson, CT, classified under NTEE code A99. The organization reported total revenue of $141K and total assets of $161K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Killingly School Of Music's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Killingly School Of Music is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 21.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $135K |
| Total Expenses | $90K |
| Surplus / Deficit | +$45K |
| Total Assets | $110K |
| Net Assets | $110K |
| Operating Margin | 33.5% |
| Months of Reserves | 14.6 months |
Financial Health Grade: A
In 2023, Killingly School Of Music reported a surplus of $45K with revenue exceeding expenses, holds 14.6 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), Killingly School Of Music's revenue has grown at a compound annual growth rate (CAGR) of 21.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.7% | +0.0% | +70.3% |
| 2022 | +21.0% | +28.6% | +67.2% |
| 2021 | +26.3% | +0.0% | +196.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Killingly School Of 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 Killingly School Of 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 surplus of $45K, with revenue exceeding expenses.
Frequently Asked Questions about Killingly School Of Music
Is Killingly School Of Music a legitimate charity?
Based on AI analysis of IRS 990 filings, Killingly School Of Music (EIN: 842235248) insufficient data. 0 red flags identified, 0 strengths noted.
How does Killingly School Of Music spend its money?
Detailed spending breakdown data is not yet available for Killingly School Of Music. Check back for updated IRS 990 analysis.
Are donations to Killingly School Of Music tax-deductible?
Killingly School Of Music is registered as a tax-exempt nonprofit (EIN: 842235248). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Killingly School Of Music located?
Killingly School Of Music is headquartered in Danielson, Connecticut and files with the IRS under EIN 842235248. It is classified under NTEE code A99.
How many years of IRS 990 filings does Killingly School Of Music have?
Killingly School Of Music has 4 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 $141K in total revenue.
Filing History
IRS 990 filing history for Killingly School Of Music showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Killingly School Of Music's revenue has grown by 78.5%, moving from $76K to $135K. Total assets increased by 745.3% over the same period, from $13K to $110K. Total functional expenses rose by 28.6%, from $70K to $90K. In its most recent filing year (2023), Killingly School Of Music reported a surplus of $45K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $135K | $90K | $110K | $0 | — | View 990 |
| 2022 | $116K | $90K | $64K | $0 | — | View 990 |
| 2021 | $96K | $70K | $39K | $0 | — | — |
| 2020 | $76K | $70K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $135K, expenses of $90K, and assets of $110K (revenue +16.7% year-over-year).
- 2022: Revenue of $116K, expenses of $90K, and assets of $64K (revenue +21.0% year-over-year).
- 2021: Revenue of $96K, expenses of $70K, and assets of $39K (revenue +26.3% year-over-year).
- 2020: Revenue of $76K, expenses of $70K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Killingly School Of Music:
Data Sources and Methodology
This transparency report for Killingly School Of 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.