The House Of Kadence
EIN: 300764552 · Southfield, MI · NTEE: K02
| Metric | Value |
|---|---|
| Total Revenue | $216K |
| Total Expenses | $157K |
| Net Assets | $21K |
Is The House Of Kadence Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The House Of Kadence
The House Of Kadence (EIN: 300764552) is a nonprofit organization based in Southfield, MI, classified under NTEE code K02. The organization reported total revenue of $216K and total assets of $97K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The House Of Kadence's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The House Of Kadence is a small nonprofit that has been operating for 12 years, with 2 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 80.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $178K |
| Total Expenses | $157K |
| Surplus / Deficit | +$21K |
| Total Assets | $38K |
| Total Liabilities | $17K |
| Net Assets | $21K |
| Operating Margin | 11.7% |
| Debt-to-Asset Ratio | 45.5% |
| Months of Reserves | 2.9 months |
Financial Health Grade: A
In 2023, The House Of Kadence reported a surplus of $21K with revenue exceeding expenses, holds 2.9 months of operating reserves (limited), has a debt-to-asset ratio of 45.5% (moderate leverage).
Financial Trends
Over 2 years of filings (2014–2023), The House Of Kadence's revenue has grown at a compound annual growth rate (CAGR) of 80.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20434.6% | — | +3830900.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The House Of Kadence 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 The House Of Kadence 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 surplus of $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.5%.
Frequently Asked Questions about The House Of Kadence
Is The House Of Kadence a legitimate charity?
The House Of Kadence (EIN: 300764552) is a registered tax-exempt nonprofit based in Michigan. It has 2 years of IRS 990 filings on record. Total revenue: $216K. No red flags identified. Financial health grade: A.
How does The House Of Kadence spend its money?
The House Of Kadence reported $216K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The House Of Kadence tax-deductible?
The House Of Kadence is registered as a tax-exempt nonprofit (EIN: 300764552). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The House Of Kadence located?
The House Of Kadence is headquartered in Southfield, Michigan and files with the IRS under EIN 300764552. It is classified under NTEE code K02.
How many years of IRS 990 filings does The House Of Kadence have?
The House Of Kadence has 2 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 $216K in total revenue.
Filing History
IRS 990 filing history for The House Of Kadence showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2014–2023), The House Of Kadence's revenue has grown by 20434.6%, moving from $865 to $178K. Total assets increased by 3830900% over the same period, from $1 to $38K. In its most recent filing year (2023), The House Of Kadence reported a surplus of $21K, with revenue exceeding expenses. The organization holds $17K in liabilities against $38K in assets (debt-to-asset ratio: 45.5%), resulting in net assets of $21K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $178K | $157K | $38K | $17K | — | — |
| 2014 | $865 | $0 | $1 | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The House Of Kadence:
Data Sources and Methodology
This transparency report for The House Of Kadence 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.