New City Resources
EIN: 611551009 · Knoxville, TN · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $66K |
| Total Expenses | $29K |
| Net Assets | $18K |
Is New City Resources Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New City Resources
New City Resources (EIN: 611551009) is a nonprofit organization based in Knoxville, TN, classified under NTEE code X20. The organization reported total revenue of $66K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New City Resources's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New City Resources is a micro nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -17.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $29K |
| Surplus / Deficit | $-16,486 |
| Total Assets | $18K |
| Net Assets | $18K |
| Operating Margin | -136.8% |
| Months of Reserves | 7.7 months |
Financial Health Grade: B
In 2023, New City Resources reported a deficit of $16K with expenses exceeding revenue, holds 7.7 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), New City Resources's revenue has declined at a compound annual growth rate (CAGR) of -17.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -81.2% | -39.8% | -47.1% |
| 2022 | +294.9% | +207.8% | +91.8% |
| 2021 | +7.6% | +16.6% | +4.6% |
| 2020 | -62.4% | -58.4% | +2.1% |
| 2019 | +75.0% | +51.3% | +170.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New City Resources 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 New City Resources 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 deficit of $16K, with expenses exceeding revenue.
Frequently Asked Questions about New City Resources
Is New City Resources a legitimate charity?
New City Resources (EIN: 611551009) is a registered tax-exempt nonprofit based in Tennessee. It has 12 years of IRS 990 filings on record. Total revenue: $66K. No red flags identified. Financial health grade: B.
How does New City Resources spend its money?
New City Resources reported $66K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New City Resources tax-deductible?
New City Resources is registered as a tax-exempt nonprofit (EIN: 611551009). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New City Resources located?
New City Resources is headquartered in Knoxville, Tennessee and files with the IRS under EIN 611551009. It is classified under NTEE code X20.
How many years of IRS 990 filings does New City Resources have?
New City Resources 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 $66K in total revenue.
Filing History
IRS 990 filing history for New City Resources showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), New City Resources's revenue has declined by 87.5%, moving from $97K to $12K. Total assets decreased by 7.9% over the same period, from $20K to $18K. Total functional expenses fell by 70.4%, from $96K to $29K. In its most recent filing year (2023), New City Resources reported a deficit of $16K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12K | $29K | $18K | $0 | — | View 990 |
| 2022 | $64K | $47K | $35K | $0 | — | View 990 |
| 2021 | $16K | $15K | $18K | $0 | — | View 990 |
| 2020 | $15K | $13K | $17K | $0 | — | — |
| 2019 | $40K | $32K | $17K | $2K | — | View 990 |
| 2018 | $23K | $21K | $6K | $0 | — | View 990 |
| 2017 | $29K | $33K | $4K | $0 | — | View 990 |
| 2016 | $13K | $41K | $8K | $0 | — | View 990 |
| 2015 | $67K | $41K | $39K | $0 | — | View 990 |
| 2014 | $74K | $69K | $12K | $0 | — | View 990 |
| 2013 | $90K | $97K | $7K | $0 | — | View 990 |
| 2012 | $97K | $96K | $20K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12K, expenses of $29K, and assets of $18K (revenue -81.2% year-over-year).
- 2022: Revenue of $64K, expenses of $47K, and assets of $35K (revenue +294.9% year-over-year).
- 2021: Revenue of $16K, expenses of $15K, and assets of $18K (revenue +7.6% year-over-year).
- 2020: Revenue of $15K, expenses of $13K, and assets of $17K (revenue -62.4% year-over-year).
- 2019: Revenue of $40K, expenses of $32K, and assets of $17K (revenue +75.0% year-over-year).
- 2018: Revenue of $23K, expenses of $21K, and assets of $6K (revenue -20.0% year-over-year).
- 2017: Revenue of $29K, expenses of $33K, and assets of $4K (revenue +120.6% year-over-year).
- 2016: Revenue of $13K, expenses of $41K, and assets of $8K (revenue -80.7% year-over-year).
- 2015: Revenue of $67K, expenses of $41K, and assets of $39K (revenue -9.4% year-over-year).
- 2014: Revenue of $74K, expenses of $69K, and assets of $12K (revenue -17.6% year-over-year).
- 2013: Revenue of $90K, expenses of $97K, and assets of $7K (revenue -7.1% year-over-year).
- 2012: Revenue of $97K, expenses of $96K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New City Resources:
Data Sources and Methodology
This transparency report for New City Resources 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.