Three Rivers Festival Executive Board Inc
EIN: 351338028 · Fort Wayne, IN
| Metric | Value |
|---|---|
| Total Revenue | $760K |
| Total Expenses | $881K |
| Net Assets | $185K |
Is Three Rivers Festival Executive Board Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Three Rivers Festival Executive Board Inc
Three Rivers Festival Executive Board Inc (EIN: 351338028) is a nonprofit organization based in Fort Wayne, IN. The organization reported total revenue of $760K and total assets of $69K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Three Rivers Festival Executive Board Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Three Rivers Festival Executive Board Inc is a small nonprofit that has been operating for 50 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $730K |
| Total Expenses | $881K |
| Surplus / Deficit | $-150,339 |
| Total Assets | $204K |
| Total Liabilities | $19K |
| Net Assets | $185K |
| Operating Margin | -20.6% |
| Debt-to-Asset Ratio | 9.3% |
| Months of Reserves | 2.8 months |
Financial Health Grade: C
In 2023, Three Rivers Festival Executive Board Inc reported a deficit of $150K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 9.3% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Three Rivers Festival Executive Board Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -36.9% | -7.8% | -46.0% |
| 2022 | +38.9% | +34.5% | +93.3% |
| 2021 | +352.0% | +270.8% | +62.9% |
| 2020 | -78.3% | -78.3% | +25.8% |
| 2019 | -15.1% | -11.9% | -32.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Three Rivers Festival Executive Board 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 Three Rivers Festival Executive Board 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 $150K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.3%.
Frequently Asked Questions about Three Rivers Festival Executive Board Inc
Is Three Rivers Festival Executive Board Inc a legitimate charity?
Three Rivers Festival Executive Board Inc (EIN: 351338028) is a registered tax-exempt nonprofit based in Indiana. It has 14 years of IRS 990 filings on record. Total revenue: $760K. No red flags identified. Financial health grade: C.
How does Three Rivers Festival Executive Board Inc spend its money?
Three Rivers Festival Executive Board Inc reported $760K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Three Rivers Festival Executive Board Inc tax-deductible?
Three Rivers Festival Executive Board Inc is registered as a tax-exempt nonprofit (EIN: 351338028). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Three Rivers Festival Executive Board Inc located?
Three Rivers Festival Executive Board Inc is headquartered in Fort Wayne, Indiana and files with the IRS under EIN 351338028.
How many years of IRS 990 filings does Three Rivers Festival Executive Board Inc have?
Three Rivers Festival Executive Board 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 $760K in total revenue.
Filing History
IRS 990 filing history for Three Rivers Festival Executive Board Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Three Rivers Festival Executive Board Inc's revenue has grown by 28.4%, moving from $569K to $730K. Total assets increased by 415.1% over the same period, from $40K to $204K. Total functional expenses rose by 48.6%, from $593K to $881K. In its most recent filing year (2023), Three Rivers Festival Executive Board Inc reported a deficit of $150K, with expenses exceeding revenue. The organization holds $19K in liabilities against $204K in assets (debt-to-asset ratio: 9.3%), resulting in net assets of $185K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $730K | $881K | $204K | $19K | — | — |
| 2022 | $1.2M | $956K | $378K | $42K | — | View 990 |
| 2021 | $834K | $711K | $196K | $62K | — | View 990 |
| 2020 | $185K | $192K | $120K | $110K | — | — |
| 2019 | $849K | $881K | $95K | $79K | — | View 990 |
| 2018 | $1000K | $1.0M | $142K | $93K | — | View 990 |
| 2017 | $917K | $937K | $132K | $81K | — | View 990 |
| 2016 | $951K | $951K | $161K | $90K | — | View 990 |
| 2015 | $904K | $974K | $175K | $105K | — | View 990 |
| 2014 | $1.0M | $1.4M | $224K | $84K | — | View 990 |
| 2013 | $793K | $692K | $155K | $90K | — | View 990 |
| 2012 | $563K | $606K | $51K | $89K | — | View 990 |
| 2011 | $589K | $530K | $110K | $107K | — | View 990 |
| 2010 | $569K | $593K | $40K | $95K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $730K, expenses of $881K, and assets of $204K (revenue -36.9% year-over-year).
- 2022: Revenue of $1.2M, expenses of $956K, and assets of $378K (revenue +38.9% year-over-year).
- 2021: Revenue of $834K, expenses of $711K, and assets of $196K (revenue +352.0% year-over-year).
- 2020: Revenue of $185K, expenses of $192K, and assets of $120K (revenue -78.3% year-over-year).
- 2019: Revenue of $849K, expenses of $881K, and assets of $95K (revenue -15.1% year-over-year).
- 2018: Revenue of $1000K, expenses of $1.0M, and assets of $142K (revenue +9.1% year-over-year).
- 2017: Revenue of $917K, expenses of $937K, and assets of $132K (revenue -3.6% year-over-year).
- 2016: Revenue of $951K, expenses of $951K, and assets of $161K (revenue +5.2% year-over-year).
- 2015: Revenue of $904K, expenses of $974K, and assets of $175K (revenue -12.1% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.4M, and assets of $224K (revenue +29.8% year-over-year).
- 2013: Revenue of $793K, expenses of $692K, and assets of $155K (revenue +40.7% year-over-year).
- 2012: Revenue of $563K, expenses of $606K, and assets of $51K (revenue -4.3% year-over-year).
- 2011: Revenue of $589K, expenses of $530K, and assets of $110K (revenue +3.5% year-over-year).
- 2010: Revenue of $569K, expenses of $593K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Three Rivers Festival Executive Board Inc:
Data Sources and Methodology
This transparency report for Three Rivers Festival Executive Board 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.