Rahway Arts District Inc
EIN: 320284939 · Rahway, NJ · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $342K |
| Total Expenses | $348K |
| Net Assets | $359K |
Is Rahway Arts District Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rahway Arts District Inc
Rahway Arts District Inc (EIN: 320284939) is a nonprofit organization based in Rahway, NJ, classified under NTEE code S41. The organization reported total revenue of $342K and total assets of $359K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rahway Arts District Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rahway Arts District Inc is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2009–2022). Revenue has grown at a compound annual rate of 28.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $342K |
| Total Expenses | $348K |
| Surplus / Deficit | $-5,824 |
| Total Assets | $359K |
| Net Assets | $359K |
| Operating Margin | -1.7% |
| Months of Reserves | 12.4 months |
Financial Health Grade: B
In 2022, Rahway Arts District Inc reported a deficit of $6K with expenses exceeding revenue, holds 12.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2009–2022), Rahway Arts District Inc's revenue has grown at a compound annual growth rate (CAGR) of 28.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +35.0% | +64.3% | -4.4% |
| 2020 | +13.8% | +43.4% | +28.2% |
| 2019 | +54.4% | +28.3% | +36.1% |
| 2018 | +6.2% | -4.4% | +16.5% |
| 2017 | -13.3% | -11.9% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rahway Arts District 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 Rahway Arts District 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
Frequently Asked Questions about Rahway Arts District Inc
Is Rahway Arts District Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rahway Arts District Inc (EIN: 320284939) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rahway Arts District Inc spend its money?
Detailed spending breakdown data is not yet available for Rahway Arts District Inc. Check back for updated IRS 990 analysis.
Are donations to Rahway Arts District Inc tax-deductible?
Rahway Arts District Inc is registered as a tax-exempt nonprofit (EIN: 320284939). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rahway Arts District Inc located?
Rahway Arts District Inc is headquartered in Rahway, New Jersey and files with the IRS under EIN 320284939. It is classified under NTEE code S41.
How many years of IRS 990 filings does Rahway Arts District Inc have?
Rahway Arts District 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 $342K in total revenue.
Filing History
IRS 990 filing history for Rahway Arts District Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2009–2022), Rahway Arts District Inc's revenue has grown by 2381.2%, moving from $14K to $342K. Total assets increased by 3967.1% over the same period, from $9K to $359K. Total functional expenses rose by 6894.2%, from $5K to $348K. In its most recent filing year (2022), Rahway Arts District Inc reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $342K | $348K | $359K | $0 | — | — |
| 2020 | $253K | $212K | $375K | $55K | — | View 990 |
| 2019 | $223K | $148K | $293K | $14K | — | — |
| 2018 | $144K | $115K | $215K | $12K | — | View 990 |
| 2017 | $136K | $120K | $185K | $10K | — | View 990 |
| 2016 | $157K | $137K | $176K | $17K | — | View 990 |
| 2014 | $151K | $133K | $88K | $10K | — | View 990 |
| 2013 | $153K | $145K | $82K | $22K | — | View 990 |
| 2012 | $166K | $179K | $60K | $8K | — | View 990 |
| 2012 | $248K | $241K | $102K | $37K | — | View 990 |
| 2011 | $143K | $138K | $130K | $124K | — | View 990 |
| 2010 | $8K | $16K | $1K | $0 | — | View 990 |
| 2009 | $14K | $5K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $342K, expenses of $348K, and assets of $359K (revenue +35.0% year-over-year).
- 2020: Revenue of $253K, expenses of $212K, and assets of $375K (revenue +13.8% year-over-year).
- 2019: Revenue of $223K, expenses of $148K, and assets of $293K (revenue +54.4% year-over-year).
- 2018: Revenue of $144K, expenses of $115K, and assets of $215K (revenue +6.2% year-over-year).
- 2017: Revenue of $136K, expenses of $120K, and assets of $185K (revenue -13.3% year-over-year).
- 2016: Revenue of $157K, expenses of $137K, and assets of $176K (revenue +3.6% year-over-year).
- 2014: Revenue of $151K, expenses of $133K, and assets of $88K (revenue -0.8% year-over-year).
- 2013: Revenue of $153K, expenses of $145K, and assets of $82K (revenue -8.1% year-over-year).
- 2012: Revenue of $166K, expenses of $179K, and assets of $60K (revenue -33.2% year-over-year).
- 2012: Revenue of $248K, expenses of $241K, and assets of $102K (revenue +73.3% year-over-year).
- 2011: Revenue of $143K, expenses of $138K, and assets of $130K (revenue +1689.7% year-over-year).
- 2010: Revenue of $8K, expenses of $16K, and assets of $1K (revenue -42.0% year-over-year).
- 2009: Revenue of $14K, expenses of $5K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rahway Arts District Inc:
Data Sources and Methodology
This transparency report for Rahway Arts District 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.