Norfork Area Youth Center Inc
EIN: 710848295 · Norfork, AR · NTEE: O20
| Metric | Value |
|---|---|
| Total Revenue | $46K |
| Total Expenses | $43K |
| Net Assets | $25K |
Is Norfork Area Youth Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Norfork Area Youth Center Inc
Norfork Area Youth Center Inc (EIN: 710848295) is a nonprofit organization based in Norfork, AR, classified under NTEE code O20. The organization reported total revenue of $46K and total assets of $105K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Norfork Area Youth Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Norfork Area Youth Center Inc is a micro nonprofit that has been operating for 25 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -30.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $43K |
| Surplus / Deficit | $-6,522 |
| Total Assets | $135K |
| Total Liabilities | $110K |
| Net Assets | $25K |
| Operating Margin | -17.8% |
| Debt-to-Asset Ratio | 81.6% |
| Months of Reserves | 37.6 months |
Financial Health Grade: C
In 2023, Norfork Area Youth Center Inc reported a deficit of $7K with expenses exceeding revenue, holds 37.6 months of operating reserves (strong position), has a debt-to-asset ratio of 81.6% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Norfork Area Youth Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -30.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.0% | +1.6% | -24.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Norfork Area Youth Center 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 Norfork Area Youth Center 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 deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 81.6%.
Frequently Asked Questions about Norfork Area Youth Center Inc
Is Norfork Area Youth Center Inc a legitimate charity?
Norfork Area Youth Center Inc (EIN: 710848295) is a registered tax-exempt nonprofit based in Arkansas. It has 2 years of IRS 990 filings on record. Total revenue: $46K. No red flags identified. Financial health grade: C.
How does Norfork Area Youth Center Inc spend its money?
Norfork Area Youth Center Inc reported $46K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Norfork Area Youth Center Inc tax-deductible?
Norfork Area Youth Center Inc is registered as a tax-exempt nonprofit (EIN: 710848295). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Norfork Area Youth Center Inc located?
Norfork Area Youth Center Inc is headquartered in Norfork, Arkansas and files with the IRS under EIN 710848295. It is classified under NTEE code O20.
How many years of IRS 990 filings does Norfork Area Youth Center Inc have?
Norfork Area Youth Center Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $46K in total revenue.
Filing History
IRS 990 filing history for Norfork Area Youth Center Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Norfork Area Youth Center Inc's revenue has declined by 30%, moving from $52K to $37K. Total assets decreased by 24.3% over the same period, from $179K to $135K. Total functional expenses rose by 1.6%, from $43K to $43K. In its most recent filing year (2023), Norfork Area Youth Center Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $110K in liabilities against $135K in assets (debt-to-asset ratio: 81.6%), resulting in net assets of $25K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37K | $43K | $135K | $110K | — | — |
| 2022 | $52K | $43K | $179K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Norfork Area Youth Center Inc:
Data Sources and Methodology
This transparency report for Norfork Area Youth Center 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.