Philadelphia Arts In Education Partnership
EIN: 233035094 · Philadelphia, PA · NTEE: A25
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.4M |
| Net Assets | $712K |
Is Philadelphia Arts In Education Partnership Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Philadelphia Arts In Education Partnership
Philadelphia Arts In Education Partnership (EIN: 233035094) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code A25. The organization reported total revenue of $1.4M and total assets of $662K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Philadelphia Arts In Education Partnership's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Philadelphia Arts In Education Partnership is a mid-size nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -3.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-2,820 |
| Total Assets | $749K |
| Total Liabilities | $37K |
| Net Assets | $712K |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 5.0% |
| Months of Reserves | 6.3 months |
Financial Health Grade: B
In 2024, Philadelphia Arts In Education Partnership reported a deficit of $3K with expenses exceeding revenue, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 5.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Philadelphia Arts In Education Partnership's revenue has declined at a compound annual growth rate (CAGR) of -3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -16.5% | -13.8% | -26.8% |
| 2023 | +10.2% | +11.6% | -9.5% |
| 2022 | -11.5% | -10.7% | -5.9% |
| 2021 | +2.5% | -1.8% | +17.7% |
| 2020 | +5.5% | +7.6% | +70.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Philadelphia Arts In Education Partnership 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 Philadelphia Arts In Education Partnership 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.0%.
Frequently Asked Questions about Philadelphia Arts In Education Partnership
Is Philadelphia Arts In Education Partnership a legitimate charity?
Philadelphia Arts In Education Partnership (EIN: 233035094) is a registered tax-exempt nonprofit based in Pennsylvania. It has 14 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. Financial health grade: B.
How does Philadelphia Arts In Education Partnership spend its money?
Philadelphia Arts In Education Partnership reported $1.4M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Philadelphia Arts In Education Partnership tax-deductible?
Philadelphia Arts In Education Partnership is registered as a tax-exempt nonprofit (EIN: 233035094). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Philadelphia Arts In Education Partnership located?
Philadelphia Arts In Education Partnership is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 233035094. It is classified under NTEE code A25.
How many years of IRS 990 filings does Philadelphia Arts In Education Partnership have?
Philadelphia Arts In Education Partnership has 14 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Philadelphia Arts In Education Partnership showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Philadelphia Arts In Education Partnership's revenue has declined by 38%, moving from $2.3M to $1.4M. Total assets increased by 11.2% over the same period, from $674K to $749K. Total functional expenses fell by 33.7%, from $2.1M to $1.4M. In its most recent filing year (2024), Philadelphia Arts In Education Partnership reported a deficit of $3K, with expenses exceeding revenue. The organization holds $37K in liabilities against $749K in assets (debt-to-asset ratio: 5.0%), resulting in net assets of $712K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.4M | $1.4M | $749K | $37K | — | View 990 |
| 2023 | $1.7M | $1.6M | $1.0M | $312K | — | — |
| 2022 | $1.5M | $1.5M | $1.1M | $464K | — | View 990 |
| 2021 | $1.7M | $1.7M | $1.2M | $568K | — | View 990 |
| 2020 | $1.7M | $1.7M | $1.0M | $469K | — | View 990 |
| 2019 | $1.6M | $1.6M | $600K | $68K | — | View 990 |
| 2018 | $1.3M | $1.3M | $570K | $87K | — | View 990 |
| 2017 | $1.1M | $1.1M | $593K | $116K | — | View 990 |
| 2016 | $1.2M | $1.2M | $638K | $165K | — | View 990 |
| 2015 | $933K | $1.0M | $506K | $90K | — | View 990 |
| 2014 | $1.2M | $1.2M | $623K | $117K | — | View 990 |
| 2013 | $1.0M | $994K | $688K | $166K | — | View 990 |
| 2012 | $1.3M | $1.3M | $538K | $28K | — | View 990 |
| 2011 | $2.3M | $2.1M | $674K | $147K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.4M, expenses of $1.4M, and assets of $749K (revenue -16.5% year-over-year).
- 2023: Revenue of $1.7M, expenses of $1.6M, and assets of $1.0M (revenue +10.2% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $1.1M (revenue -11.5% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.7M, and assets of $1.2M (revenue +2.5% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.7M, and assets of $1.0M (revenue +5.5% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.6M, and assets of $600K (revenue +19.9% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $570K (revenue +19.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $593K (revenue -7.3% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $638K (revenue +29.9% year-over-year).
- 2015: Revenue of $933K, expenses of $1.0M, and assets of $506K (revenue -20.8% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $623K (revenue +16.4% year-over-year).
- 2013: Revenue of $1.0M, expenses of $994K, and assets of $688K (revenue -23.1% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $538K (revenue -42.4% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.1M, and assets of $674K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Philadelphia Arts In Education Partnership:
Data Sources and Methodology
This transparency report for Philadelphia Arts In Education Partnership 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.