Society For Preservation & Encrgmnt Of Barbershop Quartet
EIN: 390926339 · Nashville, TN · NTEE: A6B0
| Metric | Value |
|---|---|
| Total Expenses | $5.3M |
| Net Assets | $-600,482 |
Is Society For Preservation & Encrgmnt Of Barbershop Quartet Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Society For Preservation & Encrgmnt Of Barbershop Quartet
Society For Preservation & Encrgmnt Of Barbershop Quartet (EIN: 390926339) is a nonprofit organization based in Nashville, TN, classified under NTEE code A6B0. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Society For Preservation & Encrgmnt Of Barbershop Quartet's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Society For Preservation & Encrgmnt Of Barbershop Quartet is a mid-size nonprofit that has been operating for 80 years, with 10 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.4M |
| Total Expenses | $5.3M |
| Surplus / Deficit | $-971,873 |
| Total Assets | $4.2M |
| Total Liabilities | $4.8M |
| Net Assets | $-600,482 |
| Operating Margin | -22.3% |
| Debt-to-Asset Ratio | 114.3% |
| Months of Reserves | 9.4 months |
Financial Health Grade: C
In 2022, Society For Preservation & Encrgmnt Of Barbershop Quartet reported a deficit of $972K with expenses exceeding revenue, holds 9.4 months of operating reserves (strong position), has a debt-to-asset ratio of 114.3% (high leverage).
Financial Trends
Over 10 years of filings (2010–2022), Society For Preservation & Encrgmnt Of Barbershop Quartet's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +14.7% | +22.8% | -20.9% |
| 2021 | +0.7% | -10.0% | -10.6% |
| 2020 | -26.4% | -18.4% | +0.4% |
| 2019 | +1.1% | +7.2% | +4.5% |
| 2018 | +2.9% | -0.7% | -5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Society For Preservation & Encrgmnt Of Barbershop Quartet 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 Society For Preservation & Encrgmnt Of Barbershop Quartet 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 $972K, with expenses exceeding revenue.
- Debt-to-asset ratio: 114.3%.
Frequently Asked Questions about Society For Preservation & Encrgmnt Of Barbershop Quartet
Is Society For Preservation & Encrgmnt Of Barbershop Quartet a legitimate charity?
Based on AI analysis of IRS 990 filings, Society For Preservation & Encrgmnt Of Barbershop Quartet (EIN: 390926339) insufficient data. 0 red flags identified, 0 strengths noted.
How does Society For Preservation & Encrgmnt Of Barbershop Quartet spend its money?
Detailed spending breakdown data is not yet available for Society For Preservation & Encrgmnt Of Barbershop Quartet. Check back for updated IRS 990 analysis.
Are donations to Society For Preservation & Encrgmnt Of Barbershop Quartet tax-deductible?
Society For Preservation & Encrgmnt Of Barbershop Quartet is registered as a tax-exempt nonprofit (EIN: 390926339). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Society For Preservation & Encrgmnt Of Barbershop Quartet located?
Society For Preservation & Encrgmnt Of Barbershop Quartet is headquartered in Nashville, Tennessee and files with the IRS under EIN 390926339. It is classified under NTEE code A6B0.
How many years of IRS 990 filings does Society For Preservation & Encrgmnt Of Barbershop Quartet have?
Society For Preservation & Encrgmnt Of Barbershop Quartet has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Society For Preservation & Encrgmnt Of Barbershop Quartet showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2022), Society For Preservation & Encrgmnt Of Barbershop Quartet's revenue has declined by 9.9%, moving from $4.8M to $4.4M. Total assets decreased by 46.1% over the same period, from $7.8M to $4.2M. Total functional expenses rose by 21.9%, from $4.4M to $5.3M. In its most recent filing year (2022), Society For Preservation & Encrgmnt Of Barbershop Quartet reported a deficit of $972K, with expenses exceeding revenue. The organization holds $4.8M in liabilities against $4.2M in assets (debt-to-asset ratio: 114.3%), resulting in net assets of $-600,482.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $4.4M | $5.3M | $4.2M | $4.8M | — | View 990 |
| 2021 | $3.8M | $4.3M | $5.3M | $5.0M | — | View 990 |
| 2020 | $3.8M | $4.8M | $5.9M | $4.7M | — | — |
| 2019 | $5.1M | $5.9M | $5.9M | $3.8M | — | View 990 |
| 2018 | $5.1M | $5.5M | $5.7M | $2.8M | — | View 990 |
| 2017 | $4.9M | $5.5M | $6.0M | $2.6M | — | — |
| 2016 | $5.0M | $5.3M | $6.8M | $2.8M | — | View 990 |
| 2013 | $4.7M | $4.8M | $7.6M | $3.1M | — | View 990 |
| 2012 | $4.3M | $4.0M | $7.7M | $3.2M | — | View 990 |
| 2010 | $4.8M | $4.4M | $7.8M | $3.6M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $4.4M, expenses of $5.3M, and assets of $4.2M (revenue +14.7% year-over-year).
- 2021: Revenue of $3.8M, expenses of $4.3M, and assets of $5.3M (revenue +0.7% year-over-year).
- 2020: Revenue of $3.8M, expenses of $4.8M, and assets of $5.9M (revenue -26.4% year-over-year).
- 2019: Revenue of $5.1M, expenses of $5.9M, and assets of $5.9M (revenue +1.1% year-over-year).
- 2018: Revenue of $5.1M, expenses of $5.5M, and assets of $5.7M (revenue +2.9% year-over-year).
- 2017: Revenue of $4.9M, expenses of $5.5M, and assets of $6.0M (revenue -2.3% year-over-year).
- 2016: Revenue of $5.0M, expenses of $5.3M, and assets of $6.8M (revenue +7.6% year-over-year).
- 2013: Revenue of $4.7M, expenses of $4.8M, and assets of $7.6M (revenue +7.9% year-over-year).
- 2012: Revenue of $4.3M, expenses of $4.0M, and assets of $7.7M (revenue -10.2% year-over-year).
- 2010: Revenue of $4.8M, expenses of $4.4M, and assets of $7.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Society For Preservation & Encrgmnt Of Barbershop Quartet:
Data Sources and Methodology
This transparency report for Society For Preservation & Encrgmnt Of Barbershop Quartet 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.