Nepali Cultural And Spiritual Center
EIN: 261146349 · Euless, TX · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $359K |
| Net Assets | $3.3M |
Is Nepali Cultural And Spiritual Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nepali Cultural And Spiritual Center
Nepali Cultural And Spiritual Center (EIN: 261146349) is a nonprofit organization based in Euless, TX, classified under NTEE code X99. The organization reported total revenue of $1.9M and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nepali Cultural And Spiritual Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nepali Cultural And Spiritual Center is a mid-size nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 30.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $428K |
| Total Expenses | $359K |
| Surplus / Deficit | +$69K |
| Total Assets | $4.1M |
| Total Liabilities | $748K |
| Net Assets | $3.3M |
| Operating Margin | 16.2% |
| Debt-to-Asset Ratio | 18.4% |
| Months of Reserves | 135.9 months |
Financial Health Grade: A
In 2022, Nepali Cultural And Spiritual Center reported a surplus of $69K with revenue exceeding expenses, holds 135.9 months of operating reserves (strong position), has a debt-to-asset ratio of 18.4% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Nepali Cultural And Spiritual Center's revenue has grown at a compound annual growth rate (CAGR) of 30.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -78.9% | -7.6% | -13.8% |
| 2021 | +444.3% | +67.5% | +39.5% |
| 2020 | -64.7% | +24.1% | +4.1% |
| 2019 | +204.6% | +19.4% | +94.5% |
| 2018 | -23.0% | +13.7% | +26.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nepali Cultural And Spiritual Center 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 Nepali Cultural And Spiritual Center 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 $69K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.4%.
Frequently Asked Questions about Nepali Cultural And Spiritual Center
Is Nepali Cultural And Spiritual Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Nepali Cultural And Spiritual Center (EIN: 261146349) insufficient data. 0 red flags identified, 0 strengths noted.
How does Nepali Cultural And Spiritual Center spend its money?
Detailed spending breakdown data is not yet available for Nepali Cultural And Spiritual Center. Check back for updated IRS 990 analysis.
Are donations to Nepali Cultural And Spiritual Center tax-deductible?
Nepali Cultural And Spiritual Center is registered as a tax-exempt nonprofit (EIN: 261146349). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nepali Cultural And Spiritual Center located?
Nepali Cultural And Spiritual Center is headquartered in Euless, Texas and files with the IRS under EIN 261146349. It is classified under NTEE code X99.
How many years of IRS 990 filings does Nepali Cultural And Spiritual Center have?
Nepali Cultural And Spiritual Center has 12 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 $1.9M in total revenue.
Filing History
IRS 990 filing history for Nepali Cultural And Spiritual Center showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Nepali Cultural And Spiritual Center's revenue has grown by 1819.1%, moving from $22K to $428K. Total assets increased by 1284.8% over the same period, from $293K to $4.1M. Total functional expenses rose by 2054.7%, from $17K to $359K. In its most recent filing year (2022), Nepali Cultural And Spiritual Center reported a surplus of $69K, with revenue exceeding expenses. The organization holds $748K in liabilities against $4.1M in assets (debt-to-asset ratio: 18.4%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $428K | $359K | $4.1M | $748K | — | — |
| 2021 | $2.0M | $388K | $4.7M | $1.1M | — | View 990 |
| 2020 | $373K | $232K | $3.4M | $1.1M | — | — |
| 2019 | $1.1M | $187K | $3.2M | $1.1M | — | View 990 |
| 2018 | $347K | $156K | $1.7M | $303K | — | View 990 |
| 2017 | $450K | $138K | $1.3M | $100K | — | View 990 |
| 2016 | $234K | $189K | $1.1M | $348K | — | View 990 |
| 2015 | $209K | $127K | $1.0M | $355K | — | View 990 |
| 2014 | $184K | $123K | $956K | $361K | — | View 990 |
| 2013 | $255K | $240K | $904K | $367K | — | View 990 |
| 2012 | $213K | $35K | $895K | $372K | — | View 990 |
| 2011 | $22K | $17K | $293K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $428K, expenses of $359K, and assets of $4.1M (revenue -78.9% year-over-year).
- 2021: Revenue of $2.0M, expenses of $388K, and assets of $4.7M (revenue +444.3% year-over-year).
- 2020: Revenue of $373K, expenses of $232K, and assets of $3.4M (revenue -64.7% year-over-year).
- 2019: Revenue of $1.1M, expenses of $187K, and assets of $3.2M (revenue +204.6% year-over-year).
- 2018: Revenue of $347K, expenses of $156K, and assets of $1.7M (revenue -23.0% year-over-year).
- 2017: Revenue of $450K, expenses of $138K, and assets of $1.3M (revenue +92.7% year-over-year).
- 2016: Revenue of $234K, expenses of $189K, and assets of $1.1M (revenue +12.0% year-over-year).
- 2015: Revenue of $209K, expenses of $127K, and assets of $1.0M (revenue +13.2% year-over-year).
- 2014: Revenue of $184K, expenses of $123K, and assets of $956K (revenue -27.7% year-over-year).
- 2013: Revenue of $255K, expenses of $240K, and assets of $904K (revenue +19.7% year-over-year).
- 2012: Revenue of $213K, expenses of $35K, and assets of $895K (revenue +854.4% year-over-year).
- 2011: Revenue of $22K, expenses of $17K, and assets of $293K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nepali Cultural And Spiritual Center:
Data Sources and Methodology
This transparency report for Nepali Cultural And Spiritual Center 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.