Nashville Scottish Rite Foundation Inc
EIN: 591758308 · Nashville, TN · NTEE: Y40Z
| Metric | Value |
|---|---|
| Total Revenue | $114K |
| Total Expenses | $16K |
| Net Assets | $2.3M |
Is Nashville Scottish Rite Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nashville Scottish Rite Foundation Inc
Nashville Scottish Rite Foundation Inc (EIN: 591758308) is a nonprofit organization based in Nashville, TN, classified under NTEE code Y40Z. The organization reported total revenue of $114K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nashville Scottish Rite Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nashville Scottish Rite Foundation Inc is a small nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $131K |
| Total Expenses | $16K |
| Surplus / Deficit | +$115K |
| Total Assets | $2.3M |
| Total Liabilities | $54K |
| Net Assets | $2.3M |
| Operating Margin | 87.7% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 1744.8 months |
Financial Health Grade: A
In 2023, Nashville Scottish Rite Foundation Inc reported a surplus of $115K with revenue exceeding expenses, holds 1744.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nashville Scottish Rite Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.5% | -73.2% | +14.5% |
| 2022 | +99.5% | -23.1% | -7.3% |
| 2021 | -17.9% | +18.4% | +5.0% |
| 2020 | +10.3% | +3.0% | +8.2% |
| 2019 | -0.9% | -13.5% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nashville Scottish Rite Foundation 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 Nashville Scottish Rite Foundation 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 surplus of $115K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.3%.
Frequently Asked Questions about Nashville Scottish Rite Foundation Inc
Is Nashville Scottish Rite Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nashville Scottish Rite Foundation Inc (EIN: 591758308) insufficient data. 0 red flags identified, 0 strengths noted.
How does Nashville Scottish Rite Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Nashville Scottish Rite Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Nashville Scottish Rite Foundation Inc tax-deductible?
Nashville Scottish Rite Foundation Inc is registered as a tax-exempt nonprofit (EIN: 591758308). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nashville Scottish Rite Foundation Inc located?
Nashville Scottish Rite Foundation Inc is headquartered in Nashville, Tennessee and files with the IRS under EIN 591758308. It is classified under NTEE code Y40Z.
How many years of IRS 990 filings does Nashville Scottish Rite Foundation Inc have?
Nashville Scottish Rite Foundation Inc has 13 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 $114K in total revenue.
Filing History
IRS 990 filing history for Nashville Scottish Rite Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nashville Scottish Rite Foundation Inc's revenue has grown by 49.7%, moving from $88K to $131K. Total assets increased by 35.3% over the same period, from $1.7M to $2.3M. Total functional expenses fell by 76.9%, from $70K to $16K. In its most recent filing year (2023), Nashville Scottish Rite Foundation Inc reported a surplus of $115K, with revenue exceeding expenses. The organization holds $54K in liabilities against $2.3M in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $131K | $16K | $2.3M | $54K | — | — |
| 2022 | $181K | $60K | $2.0M | $54K | — | View 990 |
| 2021 | $91K | $78K | $2.2M | $51K | — | View 990 |
| 2020 | $110K | $66K | $2.1M | $51K | — | — |
| 2019 | $100K | $64K | $1.9M | $51K | — | View 990 |
| 2018 | $101K | $74K | $1.9M | $52K | — | View 990 |
| 2017 | $110K | $78K | $1.9M | $52K | — | View 990 |
| 2016 | $100K | $74K | $1.9M | $45K | — | View 990 |
| 2015 | $75K | $80K | $1.8M | $45K | — | View 990 |
| 2014 | $114K | $77K | $1.9M | $45K | — | View 990 |
| 2013 | $94K | $73K | $1.8M | $48K | — | View 990 |
| 2012 | $187K | $66K | $1.9M | $45K | — | View 990 |
| 2011 | $88K | $70K | $1.7M | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $131K, expenses of $16K, and assets of $2.3M (revenue -27.5% year-over-year).
- 2022: Revenue of $181K, expenses of $60K, and assets of $2.0M (revenue +99.5% year-over-year).
- 2021: Revenue of $91K, expenses of $78K, and assets of $2.2M (revenue -17.9% year-over-year).
- 2020: Revenue of $110K, expenses of $66K, and assets of $2.1M (revenue +10.3% year-over-year).
- 2019: Revenue of $100K, expenses of $64K, and assets of $1.9M (revenue -0.9% year-over-year).
- 2018: Revenue of $101K, expenses of $74K, and assets of $1.9M (revenue -8.3% year-over-year).
- 2017: Revenue of $110K, expenses of $78K, and assets of $1.9M (revenue +10.0% year-over-year).
- 2016: Revenue of $100K, expenses of $74K, and assets of $1.9M (revenue +33.5% year-over-year).
- 2015: Revenue of $75K, expenses of $80K, and assets of $1.8M (revenue -34.0% year-over-year).
- 2014: Revenue of $114K, expenses of $77K, and assets of $1.9M (revenue +20.7% year-over-year).
- 2013: Revenue of $94K, expenses of $73K, and assets of $1.8M (revenue -49.7% year-over-year).
- 2012: Revenue of $187K, expenses of $66K, and assets of $1.9M (revenue +113.4% year-over-year).
- 2011: Revenue of $88K, expenses of $70K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nashville Scottish Rite Foundation Inc:
Data Sources and Methodology
This transparency report for Nashville Scottish Rite Foundation 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.