Soundcheck Prevention Network
EIN: 843930254 · Ashevile, NC · NTEE: T50
| Metric | Value |
|---|---|
| Total Revenue | $455K |
| Total Expenses | $332K |
| Net Assets | $51K |
Is Soundcheck Prevention Network Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Soundcheck Prevention Network
Soundcheck Prevention Network (EIN: 843930254) is a nonprofit organization based in Ashevile, NC, classified under NTEE code T50. The organization reported total revenue of $455K and total assets of $125K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Soundcheck Prevention Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Soundcheck Prevention Network is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $258K |
| Total Expenses | $332K |
| Surplus / Deficit | $-74,151 |
| Total Assets | $51K |
| Total Liabilities | $768 |
| Net Assets | $51K |
| Operating Margin | -28.7% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 1.9 months |
Financial Health Grade: C
In 2023, Soundcheck Prevention Network reported a deficit of $74K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Soundcheck Prevention Network's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.9% | +64.5% | -60.3% |
| 2022 | +143.8% | +24.8% | +60.6% |
| 2021 | -52.1% | +133.3% | -43.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Soundcheck Prevention Network 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 Soundcheck Prevention Network 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 deficit of $74K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.5%.
Frequently Asked Questions about Soundcheck Prevention Network
Is Soundcheck Prevention Network a legitimate charity?
Soundcheck Prevention Network (EIN: 843930254) is a registered tax-exempt nonprofit based in North Carolina. It has 4 years of IRS 990 filings on record. Total revenue: $455K. No red flags identified. Financial health grade: C.
How does Soundcheck Prevention Network spend its money?
Soundcheck Prevention Network reported $455K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Soundcheck Prevention Network tax-deductible?
Soundcheck Prevention Network is registered as a tax-exempt nonprofit (EIN: 843930254). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Soundcheck Prevention Network located?
Soundcheck Prevention Network is headquartered in Ashevile, North Carolina and files with the IRS under EIN 843930254. It is classified under NTEE code T50.
How many years of IRS 990 filings does Soundcheck Prevention Network have?
Soundcheck Prevention Network has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $455K in total revenue.
Filing History
IRS 990 filing history for Soundcheck Prevention Network showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Soundcheck Prevention Network's revenue has grown by 22.4%, moving from $211K to $258K. Total assets decreased by 63.7% over the same period, from $142K to $51K. Total functional expenses rose by 378.9%, from $69K to $332K. In its most recent filing year (2023), Soundcheck Prevention Network reported a deficit of $74K, with expenses exceeding revenue. The organization holds $768 in liabilities against $51K in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $51K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $258K | $332K | $51K | $768 | — | View 990 |
| 2022 | $246K | $202K | $129K | $5K | — | View 990 |
| 2021 | $101K | $162K | $81K | $0 | — | View 990 |
| 2020 | $211K | $69K | $142K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $258K, expenses of $332K, and assets of $51K (revenue +4.9% year-over-year).
- 2022: Revenue of $246K, expenses of $202K, and assets of $129K (revenue +143.8% year-over-year).
- 2021: Revenue of $101K, expenses of $162K, and assets of $81K (revenue -52.1% year-over-year).
- 2020: Revenue of $211K, expenses of $69K, and assets of $142K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Soundcheck Prevention Network:
Data Sources and Methodology
This transparency report for Soundcheck Prevention Network 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.