Latin Art Organization Of Arkansas
EIN: 473344926 · Springdale, AR · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $55K |
| Total Expenses | $49K |
| Net Assets | $8K |
Is Latin Art Organization Of Arkansas Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Latin Art Organization Of Arkansas
Latin Art Organization Of Arkansas (EIN: 473344926) is a nonprofit organization based in Springdale, AR, classified under NTEE code A20. The organization reported total revenue of $55K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Latin Art Organization Of Arkansas's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Latin Art Organization Of Arkansas is a micro nonprofit that has been operating for 11 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -16.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $49K |
| Surplus / Deficit | +$6K |
| Total Assets | $8K |
| Net Assets | $8K |
| Operating Margin | 11.4% |
| Months of Reserves | 1.9 months |
Financial Health Grade: A
In 2023, Latin Art Organization Of Arkansas reported a surplus of $6K with revenue exceeding expenses, holds 1.9 months of operating reserves (limited).
Financial Trends
Over 3 years of filings (2021–2023), Latin Art Organization Of Arkansas's revenue has declined at a compound annual growth rate (CAGR) of -16.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.2% | -32.5% | +474.1% |
| 2022 | -18.8% | -5.2% | -85.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Latin Art Organization Of Arkansas 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 Latin Art Organization Of Arkansas 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 $6K, with revenue exceeding expenses.
Frequently Asked Questions about Latin Art Organization Of Arkansas
Is Latin Art Organization Of Arkansas a legitimate charity?
Latin Art Organization Of Arkansas (EIN: 473344926) is a registered tax-exempt nonprofit based in Arkansas. It has 3 years of IRS 990 filings on record. Total revenue: $55K. No red flags identified. Financial health grade: A.
How does Latin Art Organization Of Arkansas spend its money?
Latin Art Organization Of Arkansas reported $55K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Latin Art Organization Of Arkansas tax-deductible?
Latin Art Organization Of Arkansas is registered as a tax-exempt nonprofit (EIN: 473344926). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Latin Art Organization Of Arkansas located?
Latin Art Organization Of Arkansas is headquartered in Springdale, Arkansas and files with the IRS under EIN 473344926. It is classified under NTEE code A20.
How many years of IRS 990 filings does Latin Art Organization Of Arkansas have?
Latin Art Organization Of Arkansas has 3 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 $55K in total revenue.
Filing History
IRS 990 filing history for Latin Art Organization Of Arkansas showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Latin Art Organization Of Arkansas's revenue has declined by 30.3%, moving from $79K to $55K. Total assets decreased by 19.2% over the same period, from $9K to $8K. Total functional expenses fell by 36%, from $76K to $49K. In its most recent filing year (2023), Latin Art Organization Of Arkansas reported a surplus of $6K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $55K | $49K | $8K | $0 | — | — |
| 2022 | $64K | $72K | $1K | $0 | — | — |
| 2021 | $79K | $76K | $9K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $55K, expenses of $49K, and assets of $8K (revenue -14.2% year-over-year).
- 2022: Revenue of $64K, expenses of $72K, and assets of $1K (revenue -18.8% year-over-year).
- 2021: Revenue of $79K, expenses of $76K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Latin Art Organization Of Arkansas:
Data Sources and Methodology
This transparency report for Latin Art Organization Of Arkansas 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.