Nashville In Harmony

Nashville In Harmony maintains stable finances with volunteer leadership and growing assets.

EIN: 203063200 · Nashville, TN · NTEE: A6B · Updated: 2026-03-28

$171KRevenue

$61KAssets

85/100Mission Score (Excellent)

A6B

About Nashville In Harmony

Nashville In Harmony (EIN: 203063200) is a nonprofit organization based in Nashville, TN, classified under NTEE code A6B. The organization reported total revenue of $171K and total assets of $61K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nashville In Harmony's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Nashville In Harmony demonstrates consistent financial activity, with revenues generally fluctuating around the $100,000 to $150,000 range over the past decade. The organization has shown a positive net income in recent years, such as in 202306 where revenue of $122,086 exceeded expenses of $111,901, contributing to a growth in assets from $12,340 in 201706 to $59,610 in 202306. This indicates a stable, albeit modest, financial position.

The organization's spending efficiency appears sound, as evidenced by the consistent positive net income in most recent filings. A notable strength is the reported 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can be a positive indicator for donor confidence. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely assess program spending versus administrative or fundraising costs.

In terms of transparency, the consistent filing of IRS Form 990s over a long period (12 filings) is a strong positive. The absence of officer compensation is clearly stated in the filings, enhancing trust. To further improve transparency, a more detailed public breakdown of how expenses are allocated across programs, administration, and fundraising would be beneficial for donors and stakeholders.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Nashville In Harmony with a Mission Score of 85 out of 100 (Excellent). 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, Nashville In Harmony 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of this size.

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 Nashville In Harmony's IRS 990 filings:

Lack of detailed public expense breakdown beyond total expenses

Strengths

The following positive indicators were identified for Nashville In Harmony:

Consistent IRS 990 filing history (12 filings)
0% officer compensation reported across all filings
Positive trend in asset growth, from $12,340 in 201706 to $59,610 in 202306
Revenue generally exceeding expenses in recent periods, indicating financial stability

Frequently Asked Questions about Nashville In Harmony

Is Nashville In Harmony a good charity?

Based on the available data, Nashville In Harmony appears to be a well-managed charity. It consistently files its IRS 990s, shows a trend of growing assets, and reports 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds.

How has Nashville In Harmony's financial health changed over time?

Nashville In Harmony's financial health has generally improved. While revenue has fluctuated, assets have grown significantly from $12,340 in 201706 to $59,610 in 202306, indicating a strengthening balance sheet and responsible financial management.

What is the trend in Nashville In Harmony's revenue and expenses?

Revenue for Nashville In Harmony has generally ranged between $78,082 and $157,612 over the past decade, with expenses typically tracking closely. In recent years, revenue has often exceeded expenses, contributing to asset growth, such as in 202306 where revenue was $122,086 and expenses were $111,901.

Filing History

IRS 990 filing history for Nashville In Harmony showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), Nashville In Harmony's revenue has grown by 55.2%, moving from $79K to $122K. Total assets increased by 74.8% over the same period, from $34K to $60K. Total functional expenses rose by 72.7%, from $65K to $112K. In its most recent filing year (2023), Nashville In Harmony reported a surplus of $10K, with revenue exceeding expenses. The organization holds $24K in liabilities against $60K in assets (debt-to-asset ratio: 39.6%), resulting in net assets of $36K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$122K	$112K	$60K	$24K	—	View 990
2022	$78K	$112K	$51K	$25K	—	View 990
2020	$125K	$103K	$52K	$2K	—	View 990
2019	$130K	$120K	$34K	$6K	—	View 990
2018	$105K	$99K	$18K	$0	—	View 990
2017	$121K	$126K	$12K	$0	—	View 990
2016	$88K	$90K	$18K	$0	—	View 990
2015	$127K	$121K	$19K	$0	—	View 990
2014	$158K	$191K	$14K	$0	—	View 990
2013	$120K	$120K	$48K	$0	—	View 990
2012	$76K	$62K	$48K	$0	—	View 990
2011	$79K	$65K	$34K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $122K, expenses of $112K, and assets of $60K (revenue +56.4% year-over-year).
2022: Revenue of $78K, expenses of $112K, and assets of $51K (revenue -37.5% year-over-year).
2020: Revenue of $125K, expenses of $103K, and assets of $52K (revenue -4.0% year-over-year).
2019: Revenue of $130K, expenses of $120K, and assets of $34K (revenue +23.7% year-over-year).
2018: Revenue of $105K, expenses of $99K, and assets of $18K (revenue -13.3% year-over-year).
2017: Revenue of $121K, expenses of $126K, and assets of $12K (revenue +38.0% year-over-year).
2016: Revenue of $88K, expenses of $90K, and assets of $18K (revenue -30.7% year-over-year).
2015: Revenue of $127K, expenses of $121K, and assets of $19K (revenue -19.6% year-over-year).
2014: Revenue of $158K, expenses of $191K, and assets of $14K (revenue +31.6% year-over-year).
2013: Revenue of $120K, expenses of $120K, and assets of $48K (revenue +57.4% year-over-year).
2012: Revenue of $76K, expenses of $62K, and assets of $48K (revenue -3.2% year-over-year).
2011: Revenue of $79K, expenses of $65K, and assets of $34K.

Data Sources and Methodology

This transparency report for Nashville In Harmony 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.