Out Of Hand Theater Inc
EIN: 582619780 · Atlanta, GA · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $857K |
| Net Assets | $375K |
Is Out Of Hand Theater Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Out Of Hand Theater Inc
Out Of Hand Theater Inc (EIN: 582619780) is a nonprofit organization based in Atlanta, GA, classified under NTEE code A65. The organization reported total revenue of $1.0M and total assets of $385K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Out Of Hand Theater Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Out Of Hand Theater Inc is a mid-size nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 19.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $910K |
| Total Expenses | $857K |
| Surplus / Deficit | +$53K |
| Total Assets | $412K |
| Total Liabilities | $36K |
| Net Assets | $375K |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 8.8% |
| Months of Reserves | 5.8 months |
Financial Health Grade: A
In 2023, Out Of Hand Theater Inc reported a surplus of $53K with revenue exceeding expenses, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 8.8% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Out Of Hand Theater Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.1% | +36.7% | +14.6% |
| 2022 | -5.9% | -2.3% | +23.0% |
| 2021 | +137.6% | +104.9% | +48.0% |
| 2020 | -6.7% | +9.9% | +8.3% |
| 2019 | +10.6% | -0.3% | +28.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Out Of Hand Theater 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 Out Of Hand Theater 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 $53K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.8%.
Frequently Asked Questions about Out Of Hand Theater Inc
Is Out Of Hand Theater Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Out Of Hand Theater Inc (EIN: 582619780) insufficient data. 0 red flags identified, 0 strengths noted.
How does Out Of Hand Theater Inc spend its money?
Detailed spending breakdown data is not yet available for Out Of Hand Theater Inc. Check back for updated IRS 990 analysis.
Are donations to Out Of Hand Theater Inc tax-deductible?
Out Of Hand Theater Inc is registered as a tax-exempt nonprofit (EIN: 582619780). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Out Of Hand Theater Inc located?
Out Of Hand Theater Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 582619780. It is classified under NTEE code A65.
How many years of IRS 990 filings does Out Of Hand Theater Inc have?
Out Of Hand Theater Inc 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Out Of Hand Theater Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Out Of Hand Theater Inc's revenue has grown by 576.8%, moving from $135K to $910K. Total assets increased by 890.3% over the same period, from $42K to $412K. Total functional expenses rose by 604.7%, from $122K to $857K. In its most recent filing year (2023), Out Of Hand Theater Inc reported a surplus of $53K, with revenue exceeding expenses. The organization holds $36K in liabilities against $412K in assets (debt-to-asset ratio: 8.8%), resulting in net assets of $375K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $910K | $857K | $412K | $36K | — | — |
| 2022 | $684K | $627K | $359K | $38K | — | View 990 |
| 2021 | $727K | $642K | $292K | $27K | — | View 990 |
| 2020 | $306K | $313K | $197K | $46K | — | View 990 |
| 2019 | $328K | $285K | $182K | $23K | — | View 990 |
| 2018 | $296K | $286K | $142K | $32K | — | View 990 |
| 2017 | $272K | $252K | $129K | $30K | — | View 990 |
| 2016 | $225K | $220K | $116K | $37K | — | View 990 |
| 2015 | $237K | $228K | $141K | $67K | — | View 990 |
| 2014 | $221K | $210K | $108K | $45K | — | View 990 |
| 2013 | $236K | $214K | $144K | $91K | — | View 990 |
| 2012 | $135K | $122K | $42K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $910K, expenses of $857K, and assets of $412K (revenue +33.1% year-over-year).
- 2022: Revenue of $684K, expenses of $627K, and assets of $359K (revenue -5.9% year-over-year).
- 2021: Revenue of $727K, expenses of $642K, and assets of $292K (revenue +137.6% year-over-year).
- 2020: Revenue of $306K, expenses of $313K, and assets of $197K (revenue -6.7% year-over-year).
- 2019: Revenue of $328K, expenses of $285K, and assets of $182K (revenue +10.6% year-over-year).
- 2018: Revenue of $296K, expenses of $286K, and assets of $142K (revenue +8.9% year-over-year).
- 2017: Revenue of $272K, expenses of $252K, and assets of $129K (revenue +21.0% year-over-year).
- 2016: Revenue of $225K, expenses of $220K, and assets of $116K (revenue -5.2% year-over-year).
- 2015: Revenue of $237K, expenses of $228K, and assets of $141K (revenue +7.5% year-over-year).
- 2014: Revenue of $221K, expenses of $210K, and assets of $108K (revenue -6.4% year-over-year).
- 2013: Revenue of $236K, expenses of $214K, and assets of $144K (revenue +75.4% year-over-year).
- 2012: Revenue of $135K, expenses of $122K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Out Of Hand Theater Inc:
Data Sources and Methodology
This transparency report for Out Of Hand Theater 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.