Knoxville News Sentinel Charities Inc
EIN: 510141541 · Knoxville, TN · NTEE: P600
| Metric | Value |
|---|---|
| Total Revenue | $189K |
| Total Expenses | $190K |
| Net Assets | $401K |
Is Knoxville News Sentinel Charities Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Knoxville News Sentinel Charities Inc
Knoxville News Sentinel Charities Inc (EIN: 510141541) is a nonprofit organization based in Knoxville, TN, classified under NTEE code P600. The organization reported total revenue of $189K and total assets of $569K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Knoxville News Sentinel Charities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Knoxville News Sentinel Charities Inc is a small nonprofit that has been operating for 51 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -15.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $163K |
| Total Expenses | $190K |
| Surplus / Deficit | $-26,322 |
| Total Assets | $570K |
| Total Liabilities | $169K |
| Net Assets | $401K |
| Operating Margin | -16.1% |
| Debt-to-Asset Ratio | 29.7% |
| Months of Reserves | 36.0 months |
Financial Health Grade: B
In 2023, Knoxville News Sentinel Charities Inc reported a deficit of $26K with expenses exceeding revenue, holds 36.0 months of operating reserves (strong position), has a debt-to-asset ratio of 29.7% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Knoxville News Sentinel Charities Inc's revenue has declined at a compound annual growth rate (CAGR) of -15.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.0% | -18.9% | -9.8% |
| 2022 | -14.6% | +18.1% | +47.5% |
| 2021 | -16.3% | +10.2% | -15.2% |
| 2020 | +7.0% | -36.1% | +56.3% |
| 2019 | -6.5% | -8.5% | -11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Knoxville News Sentinel Charities 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 Knoxville News Sentinel Charities 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 deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 29.7%.
Frequently Asked Questions about Knoxville News Sentinel Charities Inc
Is Knoxville News Sentinel Charities Inc a legitimate charity?
Knoxville News Sentinel Charities Inc (EIN: 510141541) is a registered tax-exempt nonprofit based in Tennessee. It has 14 years of IRS 990 filings on record. Total revenue: $189K. No red flags identified. Financial health grade: B.
How does Knoxville News Sentinel Charities Inc spend its money?
Knoxville News Sentinel Charities Inc reported $189K 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 Knoxville News Sentinel Charities Inc tax-deductible?
Knoxville News Sentinel Charities Inc is registered as a tax-exempt nonprofit (EIN: 510141541). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Knoxville News Sentinel Charities Inc located?
Knoxville News Sentinel Charities Inc is headquartered in Knoxville, Tennessee and files with the IRS under EIN 510141541. It is classified under NTEE code P600.
How many years of IRS 990 filings does Knoxville News Sentinel Charities Inc have?
Knoxville News Sentinel Charities Inc 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 $189K in total revenue.
Filing History
IRS 990 filing history for Knoxville News Sentinel Charities Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Knoxville News Sentinel Charities Inc's revenue has declined by 86.4%, moving from $1.2M to $163K. Total assets increased by 9.4% over the same period, from $521K to $570K. Total functional expenses fell by 71.1%, from $655K to $190K. In its most recent filing year (2023), Knoxville News Sentinel Charities Inc reported a deficit of $26K, with expenses exceeding revenue. The organization holds $169K in liabilities against $570K in assets (debt-to-asset ratio: 29.7%), resulting in net assets of $401K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $163K | $190K | $570K | $169K | — | — |
| 2022 | $233K | $234K | $632K | $204K | — | View 990 |
| 2021 | $273K | $198K | $428K | $0 | — | View 990 |
| 2020 | $326K | $180K | $505K | $152K | — | — |
| 2019 | $305K | $281K | $323K | $117K | — | View 990 |
| 2018 | $326K | $307K | $365K | $183K | — | View 990 |
| 2017 | $1.2M | $1.4M | $453K | $290K | — | View 990 |
| 2016 | $1.5M | $1.5M | $626K | $286K | — | View 990 |
| 2015 | $3.3M | $1.6M | $901K | $543K | — | View 990 |
| 2014 | $2.9M | $1.5M | $644K | $310K | — | View 990 |
| 2013 | $1.3M | $1.4M | $547K | $212K | — | View 990 |
| 2012 | $1.4M | $1.4M | $685K | $281K | — | View 990 |
| 2012 | $1.3M | $1.3M | $716K | $397K | — | View 990 |
| 2011 | $1.2M | $655K | $521K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $163K, expenses of $190K, and assets of $570K (revenue -30.0% year-over-year).
- 2022: Revenue of $233K, expenses of $234K, and assets of $632K (revenue -14.6% year-over-year).
- 2021: Revenue of $273K, expenses of $198K, and assets of $428K (revenue -16.3% year-over-year).
- 2020: Revenue of $326K, expenses of $180K, and assets of $505K (revenue +7.0% year-over-year).
- 2019: Revenue of $305K, expenses of $281K, and assets of $323K (revenue -6.5% year-over-year).
- 2018: Revenue of $326K, expenses of $307K, and assets of $365K (revenue -73.0% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.4M, and assets of $453K (revenue -18.2% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.5M, and assets of $626K (revenue -54.9% year-over-year).
- 2015: Revenue of $3.3M, expenses of $1.6M, and assets of $901K (revenue +11.6% year-over-year).
- 2014: Revenue of $2.9M, expenses of $1.5M, and assets of $644K (revenue +119.8% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.4M, and assets of $547K (revenue -7.8% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $685K (revenue +12.7% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $716K (revenue +7.1% year-over-year).
- 2011: Revenue of $1.2M, expenses of $655K, and assets of $521K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Knoxville News Sentinel Charities Inc:
Data Sources and Methodology
This transparency report for Knoxville News Sentinel Charities 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.