North East Rhythmics School Of Gymnastics Inc
EIN: 261214249 · Middleton, MA · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $302K |
| Total Expenses | $275K |
| Net Assets | $133K |
Is North East Rhythmics School Of Gymnastics Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About North East Rhythmics School Of Gymnastics Inc
North East Rhythmics School Of Gymnastics Inc (EIN: 261214249) is a nonprofit organization based in Middleton, MA, classified under NTEE code N60. The organization reported total revenue of $302K and total assets of $121K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North East Rhythmics School Of Gymnastics Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North East Rhythmics School Of Gymnastics Inc is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $318K |
| Total Expenses | $275K |
| Surplus / Deficit | +$44K |
| Total Assets | $143K |
| Total Liabilities | $10K |
| Net Assets | $133K |
| Operating Margin | 13.8% |
| Debt-to-Asset Ratio | 7.1% |
| Months of Reserves | 6.3 months |
Financial Health Grade: A
In 2023, North East Rhythmics School Of Gymnastics Inc reported a surplus of $44K with revenue exceeding expenses, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 7.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), North East Rhythmics School Of Gymnastics Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.4% | -16.4% | +49.8% |
| 2022 | +0.8% | -1.4% | +5.6% |
| 2021 | -0.5% | +19.2% | -7.8% |
| 2020 | -7.1% | -4.8% | +73.2% |
| 2019 | +33.4% | +21.8% | +249.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for North East Rhythmics School Of Gymnastics 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 North East Rhythmics School Of Gymnastics 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 $44K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.1%.
Frequently Asked Questions about North East Rhythmics School Of Gymnastics Inc
Is North East Rhythmics School Of Gymnastics Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North East Rhythmics School Of Gymnastics Inc (EIN: 261214249) insufficient data. 0 red flags identified, 0 strengths noted.
How does North East Rhythmics School Of Gymnastics Inc spend its money?
Detailed spending breakdown data is not yet available for North East Rhythmics School Of Gymnastics Inc. Check back for updated IRS 990 analysis.
Are donations to North East Rhythmics School Of Gymnastics Inc tax-deductible?
North East Rhythmics School Of Gymnastics Inc is registered as a tax-exempt nonprofit (EIN: 261214249). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is North East Rhythmics School Of Gymnastics Inc located?
North East Rhythmics School Of Gymnastics Inc is headquartered in Middleton, Massachusetts and files with the IRS under EIN 261214249. It is classified under NTEE code N60.
How many years of IRS 990 filings does North East Rhythmics School Of Gymnastics Inc have?
North East Rhythmics School Of Gymnastics 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 $302K in total revenue.
Filing History
IRS 990 filing history for North East Rhythmics School Of Gymnastics Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North East Rhythmics School Of Gymnastics Inc's revenue has grown by 345%, moving from $72K to $318K. Total assets increased by 24829.6% over the same period, from $574 to $143K. Total functional expenses rose by 279.7%, from $72K to $275K. In its most recent filing year (2023), North East Rhythmics School Of Gymnastics Inc reported a surplus of $44K, with revenue exceeding expenses. The organization holds $10K in liabilities against $143K in assets (debt-to-asset ratio: 7.1%), resulting in net assets of $133K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $318K | $275K | $143K | $10K | — | — |
| 2022 | $330K | $328K | $96K | $7K | — | View 990 |
| 2021 | $327K | $333K | $90K | $3K | — | View 990 |
| 2020 | $329K | $279K | $98K | $5K | — | View 990 |
| 2019 | $354K | $293K | $57K | $13K | — | View 990 |
| 2018 | $265K | $241K | $16K | $33K | — | View 990 |
| 2017 | $210K | $250K | $13K | $55K | — | View 990 |
| 2016 | $166K | $169K | $694 | $2K | — | View 990 |
| 2015 | $137K | $131K | $3K | $927 | — | View 990 |
| 2014 | $116K | $117K | $213 | $4K | — | View 990 |
| 2013 | $93K | $94K | $299 | $2K | — | View 990 |
| 2012 | $85K | $86K | $385 | $2K | — | View 990 |
| 2011 | $72K | $72K | $574 | $665 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $318K, expenses of $275K, and assets of $143K (revenue -3.4% year-over-year).
- 2022: Revenue of $330K, expenses of $328K, and assets of $96K (revenue +0.8% year-over-year).
- 2021: Revenue of $327K, expenses of $333K, and assets of $90K (revenue -0.5% year-over-year).
- 2020: Revenue of $329K, expenses of $279K, and assets of $98K (revenue -7.1% year-over-year).
- 2019: Revenue of $354K, expenses of $293K, and assets of $57K (revenue +33.4% year-over-year).
- 2018: Revenue of $265K, expenses of $241K, and assets of $16K (revenue +26.2% year-over-year).
- 2017: Revenue of $210K, expenses of $250K, and assets of $13K (revenue +26.7% year-over-year).
- 2016: Revenue of $166K, expenses of $169K, and assets of $694 (revenue +21.4% year-over-year).
- 2015: Revenue of $137K, expenses of $131K, and assets of $3K (revenue +17.8% year-over-year).
- 2014: Revenue of $116K, expenses of $117K, and assets of $213 (revenue +25.2% year-over-year).
- 2013: Revenue of $93K, expenses of $94K, and assets of $299 (revenue +8.6% year-over-year).
- 2012: Revenue of $85K, expenses of $86K, and assets of $385 (revenue +19.3% year-over-year).
- 2011: Revenue of $72K, expenses of $72K, and assets of $574.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North East Rhythmics School Of Gymnastics Inc:
Data Sources and Methodology
This transparency report for North East Rhythmics School Of Gymnastics 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.