National Art Education Association
EIN: 270987342 · Albuquerque, NM · NTEE: A03
| Metric | Value |
|---|---|
| Total Expenses | $40K |
| Net Assets | $120K |
Is National Art Education Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About National Art Education Association
National Art Education Association (EIN: 270987342) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code A03. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Art Education Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Art Education Association is a micro nonprofit that has been operating for 16 years, with 8 years of IRS 990 filings on record (2015–2022). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $59K |
| Total Expenses | $40K |
| Surplus / Deficit | +$19K |
| Total Assets | $120K |
| Net Assets | $120K |
| Operating Margin | 32.1% |
| Months of Reserves | 36.2 months |
Financial Health Grade: A
In 2022, National Art Education Association reported a surplus of $19K with revenue exceeding expenses, holds 36.2 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2015–2022), National Art Education Association's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +227.3% | +121.2% | +18.6% |
| 2021 | -3.4% | +10.2% | -0.1% |
| 2020 | -69.6% | -66.3% | +3.4% |
| 2019 | +48.1% | +19.7% | +14.8% |
| 2018 | -21.8% | +29.8% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for National Art Education Association 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 National Art Education Association 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
Frequently Asked Questions about National Art Education Association
Is National Art Education Association a legitimate charity?
Based on AI analysis of IRS 990 filings, National Art Education Association (EIN: 270987342) insufficient data. 0 red flags identified, 0 strengths noted.
How does National Art Education Association spend its money?
Detailed spending breakdown data is not yet available for National Art Education Association. Check back for updated IRS 990 analysis.
Are donations to National Art Education Association tax-deductible?
National Art Education Association is registered as a tax-exempt nonprofit (EIN: 270987342). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is National Art Education Association located?
National Art Education Association is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 270987342. It is classified under NTEE code A03.
How many years of IRS 990 filings does National Art Education Association have?
National Art Education Association has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for National Art Education Association showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2015–2022), National Art Education Association's revenue has grown by 11.6%, moving from $53K to $59K. Total assets increased by 107.4% over the same period, from $58K to $120K. Total functional expenses fell by 10.7%, from $45K to $40K. In its most recent filing year (2022), National Art Education Association reported a surplus of $19K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $59K | $40K | $120K | $0 | — | View 990 |
| 2021 | $18K | $18K | $102K | $0 | — | View 990 |
| 2020 | $19K | $16K | $102K | $0 | — | — |
| 2019 | $61K | $49K | $98K | $0 | — | View 990 |
| 2018 | $41K | $41K | $86K | $0 | — | View 990 |
| 2017 | $53K | $31K | $85K | $0 | — | View 990 |
| 2016 | $44K | $39K | $63K | $0 | — | View 990 |
| 2015 | $53K | $45K | $58K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $59K, expenses of $40K, and assets of $120K (revenue +227.3% year-over-year).
- 2021: Revenue of $18K, expenses of $18K, and assets of $102K (revenue -3.4% year-over-year).
- 2020: Revenue of $19K, expenses of $16K, and assets of $102K (revenue -69.6% year-over-year).
- 2019: Revenue of $61K, expenses of $49K, and assets of $98K (revenue +48.1% year-over-year).
- 2018: Revenue of $41K, expenses of $41K, and assets of $86K (revenue -21.8% year-over-year).
- 2017: Revenue of $53K, expenses of $31K, and assets of $85K (revenue +20.8% year-over-year).
- 2016: Revenue of $44K, expenses of $39K, and assets of $63K (revenue -16.9% year-over-year).
- 2015: Revenue of $53K, expenses of $45K, and assets of $58K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Art Education Association:
Data Sources and Methodology
This transparency report for National Art Education Association 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.