Nac 4520 N Central Llc
Nac 4520 N Central Llc shows significant revenue growth in 2023 with no reported officer compensation, despite a long-term decline in assets.
EIN: 134316252 · Phoenix, AZ · Updated: 2026-03-28
Is Nac 4520 N Central Llc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nac 4520 N Central Llc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nac 4520 N Central Llc
Nac 4520 N Central Llc (EIN: 134316252) is a nonprofit organization based in Phoenix, AZ. The organization reported total revenue of $298K and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nac 4520 N Central Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nac 4520 N Central Llc is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$1.9M |
| Total Assets | $6.5M |
| Total Liabilities | $96K |
| Net Assets | $6.4M |
| Operating Margin | 63.8% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 72.7 months |
Financial Health Grade: A
In 2023, Nac 4520 N Central Llc reported a surplus of $1.9M with revenue exceeding expenses, holds 72.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Nac 4520 N Central Llc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +146.5% | -6.7% | -25.4% |
| 2022 | +5.2% | +3.5% | -0.7% |
| 2021 | +7.2% | +7.4% | -0.8% |
| 2020 | -1.3% | -1.9% | -0.7% |
| 2019 | +2.5% | -3.7% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nac 4520 N Central Llc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Nac 4520 N Central Llc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a highly volunteer-driven or externally compensated leadership structure, which is unusual for an organization with millions in revenue and assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Nac 4520 N Central Llc's IRS 990 filings:
- Unknown NTEE code, hindering understanding of mission and impact.
- General decline in assets over the past decade, from $10.1M to $6.5M.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data.
- Significant fluctuation in assets between 202206 ($8,758,408) and 202306 ($6,533,580), followed by a slight recovery in the latest period, which could indicate asset revaluation or significant transactions.
Strengths
The following positive indicators were identified for Nac 4520 N Central Llc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds at the executive level.
- Substantial revenue growth in the latest filing period (202306) to $2,982,639.
- Assets consistently exceed liabilities, indicating financial solvency.
- Positive net income in the latest period ($2,982,639 revenue vs. $1,078,803 expenses).
Frequently Asked Questions about Nac 4520 N Central Llc
Is Nac 4520 N Central Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nac 4520 N Central Llc (EIN: 134316252) some concerns. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.
How does Nac 4520 N Central Llc spend its money?
Nac 4520 N Central Llc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nac 4520 N Central Llc tax-deductible?
Nac 4520 N Central Llc is registered as a tax-exempt nonprofit (EIN: 134316252). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the specific mission or program area of Nac 4520 N Central Llc, given the 'Unknown' NTEE code?
The provided data does not specify the NTEE code or mission, making it difficult to understand the organization's core activities.
Why have the organization's assets generally declined from over $10 million in 2014 to $6.5 million in 2023?
The data shows a consistent decrease in assets from $10,175,856 in 201406 to $6,533,580 in 202306, which could be due to asset depreciation, divestment, or other financial strategies not detailed in the summary.
How does Nac 4520 N Central Llc manage to operate with 0% officer compensation, especially with significant revenue and expenses?
The consistent 0% officer compensation suggests that leadership may be volunteer-based, compensated by a related entity, or that the organization's structure does not involve direct compensation to its officers from the reported funds.
What caused the significant revenue increase to $2,982,639 in 202306 compared to previous years averaging around $1 million?
The data shows a sharp increase in revenue for the 202306 period, nearly tripling from the previous year's $1,210,146. The reason for this substantial jump is not detailed in the provided summary.
Filing History
IRS 990 filing history for Nac 4520 N Central Llc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Nac 4520 N Central Llc's revenue has grown by 74.4%, moving from $1.7M to $3.0M. Total assets decreased by 34.6% over the same period, from $10.0M to $6.5M. Total functional expenses fell by 17.7%, from $1.3M to $1.1M. In its most recent filing year (2023), Nac 4520 N Central Llc reported a surplus of $1.9M, with revenue exceeding expenses. The organization holds $96K in liabilities against $6.5M in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $6.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $1.1M | $6.5M | $96K | — | — |
| 2022 | $1.2M | $1.2M | $8.8M | $4.2M | — | View 990 |
| 2021 | $1.1M | $1.1M | $8.8M | $4.3M | — | View 990 |
| 2020 | $1.1M | $1.0M | $8.9M | $4.4M | — | View 990 |
| 2019 | $1.1M | $1.1M | $9.0M | $4.5M | — | View 990 |
| 2018 | $1.1M | $1.1M | $9.2M | $4.8M | — | View 990 |
| 2017 | $1.0M | $1.0M | $9.4M | $4.9M | — | View 990 |
| 2016 | $925K | $1.3M | $9.7M | $5.2M | — | View 990 |
| 2015 | $1.3M | $1.1M | $10.1M | $5.2M | — | View 990 |
| 2014 | $1.5M | $1.1M | $10.2M | $5.5M | — | View 990 |
| 2013 | $1.5M | $1.2M | $10.1M | $5.8M | — | View 990 |
| 2012 | $1.7M | $1.3M | $10.0M | $6.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $1.1M, and assets of $6.5M (revenue +146.5% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $8.8M (revenue +5.2% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $8.8M (revenue +7.2% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.0M, and assets of $8.9M (revenue -1.3% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $9.0M (revenue +2.5% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $9.2M (revenue +5.5% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.0M, and assets of $9.4M (revenue +8.7% year-over-year).
- 2016: Revenue of $925K, expenses of $1.3M, and assets of $9.7M (revenue -29.0% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.1M, and assets of $10.1M (revenue -12.5% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.1M, and assets of $10.2M (revenue -2.5% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.2M, and assets of $10.1M (revenue -10.6% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.3M, and assets of $10.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nac 4520 N Central Llc:
Data Sources and Methodology
This transparency report for Nac 4520 N Central Llc 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.