Source Nashville Inc
EIN: 300720043 · Nashville, TN · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $115K |
| Total Expenses | $115K |
| Net Assets | $104K |
Is Source Nashville Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Source Nashville Inc
Source Nashville Inc (EIN: 300720043) is a nonprofit organization based in Nashville, TN, classified under NTEE code S41. The organization reported total revenue of $115K and total assets of $103K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Source Nashville Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Source Nashville Inc is a small nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 17.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $111K |
| Total Expenses | $115K |
| Surplus / Deficit | $-3,931 |
| Total Assets | $104K |
| Net Assets | $104K |
| Operating Margin | -3.5% |
| Months of Reserves | 10.8 months |
Financial Health Grade: B
In 2023, Source Nashville Inc reported a deficit of $4K with expenses exceeding revenue, holds 10.8 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Source Nashville Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.2% | +7.8% | -3.7% |
| 2021 | -163.3% | -2.2% | -8.7% |
| 2020 | -65.4% | -61.2% | +3.9% |
| 2019 | +31.2% | +23.7% | +14.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Source Nashville 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 Source Nashville 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Frequently Asked Questions about Source Nashville Inc
Is Source Nashville Inc a legitimate charity?
Source Nashville Inc (EIN: 300720043) is a registered tax-exempt nonprofit based in Tennessee. It has 11 years of IRS 990 filings on record. Total revenue: $115K. No red flags identified. Financial health grade: B.
How does Source Nashville Inc spend its money?
Source Nashville Inc reported $115K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Source Nashville Inc tax-deductible?
Source Nashville Inc is registered as a tax-exempt nonprofit (EIN: 300720043). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Source Nashville Inc located?
Source Nashville Inc is headquartered in Nashville, Tennessee and files with the IRS under EIN 300720043. It is classified under NTEE code S41.
How many years of IRS 990 filings does Source Nashville Inc have?
Source Nashville Inc has 11 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 $115K in total revenue.
Filing History
IRS 990 filing history for Source Nashville Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Source Nashville Inc's revenue has grown by 417.6%, moving from $22K to $111K. Total assets increased by 89.3% over the same period, from $55K to $104K. Total functional expenses rose by 1447.1%, from $7K to $115K. In its most recent filing year (2023), Source Nashville Inc reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $111K | $115K | $104K | $0 | — | — |
| 2022 | $78K | $107K | $108K | $0 | — | View 990 |
| 2021 | $-7,223 | $6K | $136K | $0 | — | View 990 |
| 2020 | $11K | $6K | $149K | $0 | — | — |
| 2019 | $33K | $15K | $144K | $0 | — | View 990 |
| 2018 | $25K | $12K | $126K | $0 | — | View 990 |
| 2017 | $19K | $8K | $113K | $0 | — | — |
| 2016 | $20K | $11K | $102K | $0 | — | View 990 |
| 2015 | $25K | $7K | $92K | $0 | — | View 990 |
| 2014 | $27K | $7K | $74K | $0 | — | View 990 |
| 2013 | $22K | $7K | $55K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $111K, expenses of $115K, and assets of $104K (revenue +42.2% year-over-year).
- 2022: Revenue of $78K, expenses of $107K, and assets of $108K.
- 2021: Revenue of $-7,223, expenses of $6K, and assets of $136K (revenue -163.3% year-over-year).
- 2020: Revenue of $11K, expenses of $6K, and assets of $149K (revenue -65.4% year-over-year).
- 2019: Revenue of $33K, expenses of $15K, and assets of $144K (revenue +31.2% year-over-year).
- 2018: Revenue of $25K, expenses of $12K, and assets of $126K (revenue +31.3% year-over-year).
- 2017: Revenue of $19K, expenses of $8K, and assets of $113K (revenue -6.6% year-over-year).
- 2016: Revenue of $20K, expenses of $11K, and assets of $102K (revenue -17.0% year-over-year).
- 2015: Revenue of $25K, expenses of $7K, and assets of $92K (revenue -7.8% year-over-year).
- 2014: Revenue of $27K, expenses of $7K, and assets of $74K (revenue +24.4% year-over-year).
- 2013: Revenue of $22K, expenses of $7K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Source Nashville Inc:
Data Sources and Methodology
This transparency report for Source Nashville 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.