Reel Stories Teen Filmmaking Inc
Reel Stories Teen Filmmaking Inc shows strong growth and no reported officer compensation, with recent expenses slightly exceeding revenue.
EIN: 200936377 · Brooklyn, NY · NTEE: O53 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.1M |
| Total Expenses | $4.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $976K |
| Transparency Score | 88/100 |
Is Reel Stories Teen Filmmaking Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Reel Stories Teen Filmmaking Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Reel Stories Teen Filmmaking Inc
Reel Stories Teen Filmmaking Inc (EIN: 200936377) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code O53. The organization reported total revenue of $9.1M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reel Stories Teen Filmmaking Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reel Stories Teen Filmmaking Inc is a mid-size nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.2M |
| Total Expenses | $4.3M |
| Surplus / Deficit | $-89,526 |
| Total Assets | $1.8M |
| Total Liabilities | $866K |
| Net Assets | $976K |
| Operating Margin | -2.1% |
| Debt-to-Asset Ratio | 47.0% |
| Months of Reserves | 5.1 months |
Financial Health Grade: B
In 2023, Reel Stories Teen Filmmaking Inc reported a deficit of $90K with expenses exceeding revenue, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 47.0% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.9% | +34.5% | +26.1% |
| 2022 | +34.6% | +30.5% | +8.3% |
| 2021 | +1.8% | +39.3% | +20.5% |
| 2020 | +51.5% | +2.9% | +190.9% |
| 2019 | +11.8% | +3.4% | +44.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Reel Stories Teen Filmmaking Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Reel Stories Teen Filmmaking Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $90K, with expenses exceeding revenue.
- Debt-to-asset ratio: 47.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of its size with over $4 million in annual expenses.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Reel Stories Teen Filmmaking Inc's IRS 990 filings:
- Expenses slightly exceeded revenue in the latest fiscal period (202308), indicating a minor operational deficit.
- Consistent 0% officer compensation for an organization of this scale is unusual and warrants further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Reel Stories Teen Filmmaking Inc:
- Consistent revenue and asset growth over the past decade, demonstrating financial stability and expansion.
- No reported officer compensation, suggesting a strong commitment to directing funds towards programmatic activities.
- Healthy program spending ratio, indicating efficient use of funds for its mission.
- Strong history of IRS 990 filings, reflecting good transparency and compliance.
- Assets consistently exceed liabilities, indicating a healthy balance sheet.
Frequently Asked Questions about Reel Stories Teen Filmmaking Inc
Is Reel Stories Teen Filmmaking Inc a legitimate charity?
Reel Stories Teen Filmmaking Inc (EIN: 200936377) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 14 years of IRS 990 filings on record. Total revenue: $9.1M. 2 red flags identified. 5 strengths noted. Financial health grade: B.
How does Reel Stories Teen Filmmaking Inc spend its money?
Reel Stories Teen Filmmaking Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Reel Stories Teen Filmmaking Inc tax-deductible?
Reel Stories Teen Filmmaking Inc is registered as a tax-exempt nonprofit (EIN: 200936377). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Reel Stories Teen Filmmaking Inc CEO make?
Reel Stories Teen Filmmaking Inc's highest-compensated officer earns $4 annually. The organization reported $9.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Reel Stories Teen Filmmaking Inc's spending goes to programs?
Reel Stories Teen Filmmaking Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Reel Stories Teen Filmmaking Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Reel Stories Teen Filmmaking Inc is above average for NTEE category O53 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Reel Stories Teen Filmmaking Inc located?
Reel Stories Teen Filmmaking Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 200936377. It is classified under NTEE code O53.
How many years of IRS 990 filings does Reel Stories Teen Filmmaking Inc have?
Reel Stories Teen Filmmaking Inc 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 $9.1M in total revenue.
How does Reel Stories Teen Filmmaking Inc manage to operate without any reported officer compensation?
The filings consistently show 0% officer compensation. This could mean that executive leadership is entirely volunteer-based, compensated through a related entity not reflected in these specific filings, or that compensation is structured in a way that doesn't fall under 'officer compensation' as defined by the IRS for these forms. Further investigation into their operational model would be needed to fully understand this.
What caused the slight deficit in the 2023 fiscal period?
In the 2023 period, expenses ($4,310,047) exceeded revenue ($4,220,521) by $89,526. While not a large deficit relative to total expenses, it's a shift from previous years where revenue generally outpaced expenses. This could be due to increased program costs, one-time investments, or a temporary dip in fundraising, and should be monitored.
Is the organization's asset growth sustainable?
Assets have grown significantly from $294,840 in 2014 to $1,841,394 in 2023. This growth, coupled with increasing revenue, suggests a sustainable trend. However, the recent deficit could impact future asset growth if it becomes a recurring pattern.
Filing History
IRS 990 filing history for Reel Stories Teen Filmmaking Inc showing financial trends over 14 years of public records:
Total assets increased by 5909% over the same period, from $31K to $1.8M. In its most recent filing year (2023), Reel Stories Teen Filmmaking Inc reported a deficit of $90K, with expenses exceeding revenue. The organization holds $866K in liabilities against $1.8M in assets (debt-to-asset ratio: 47.0%), resulting in net assets of $976K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.2M | $4.3M | $1.8M | $866K | — | View 990 |
| 2022 | $3.5M | $3.2M | $1.5M | $396K | — | View 990 |
| 2021 | $2.6M | $2.5M | $1.3M | $541K | — | View 990 |
| 2020 | $2.5M | $1.8M | $1.1M | $427K | — | View 990 |
| 2019 | $1.7M | $1.7M | $385K | $456K | — | View 990 |
| 2018 | $1.5M | $1.7M | $266K | $292K | — | View 990 |
| 2017 | $1.5M | $1.4M | $437K | $297K | — | View 990 |
| 2016 | $1.3M | $1.4M | $302K | $305K | — | View 990 |
| 2015 | $1.3M | $1.3M | $300K | $173K | — | View 990 |
| 2014 | $788K | $834K | $295K | $159K | — | View 990 |
| 2013 | $775K | $723K | $228K | $66K | — | View 990 |
| 2012 | $883K | $539K | $346K | $236K | — | View 990 |
| 2011 | $0 | $0 | $31K | $319K | — | View 990 |
| 2010 | $0 | $0 | $31K | $319K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.2M, expenses of $4.3M, and assets of $1.8M (revenue +21.9% year-over-year).
- 2022: Revenue of $3.5M, expenses of $3.2M, and assets of $1.5M (revenue +34.6% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.5M, and assets of $1.3M (revenue +1.8% year-over-year).
- 2020: Revenue of $2.5M, expenses of $1.8M, and assets of $1.1M (revenue +51.5% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.7M, and assets of $385K (revenue +11.8% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.7M, and assets of $266K (revenue -0.3% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.4M, and assets of $437K (revenue +15.0% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.4M, and assets of $302K (revenue -0.5% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.3M, and assets of $300K (revenue +66.2% year-over-year).
- 2014: Revenue of $788K, expenses of $834K, and assets of $295K (revenue +1.7% year-over-year).
- 2013: Revenue of $775K, expenses of $723K, and assets of $228K (revenue -12.3% year-over-year).
- 2012: Revenue of $883K, expenses of $539K, and assets of $346K.
- 2011: Revenue of $0, expenses of $0, and assets of $31K.
- 2010: Revenue of $0, expenses of $0, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reel Stories Teen Filmmaking Inc:
Data Sources and Methodology
This transparency report for Reel Stories Teen Filmmaking 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.