Timmons Arts Foundation
EIN: 454007299 · Little Rock, AR · NTEE: A25
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Total Expenses | $86K |
| Net Assets | $17K |
Is Timmons Arts Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Timmons Arts Foundation
Timmons Arts Foundation (EIN: 454007299) is a nonprofit organization based in Little Rock, AR, classified under NTEE code A25. The organization reported total revenue of $60K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Timmons Arts Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Timmons Arts Foundation is a micro nonprofit that has been operating for 12 years, with 4 years of IRS 990 filings on record (2014–2020). Revenue has grown at a compound annual rate of 14.7%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $86K |
| Surplus / Deficit | $-26,522 |
| Total Assets | $19K |
| Total Liabilities | $1K |
| Net Assets | $17K |
| Operating Margin | -44.2% |
| Debt-to-Asset Ratio | 5.9% |
| Months of Reserves | 2.6 months |
Financial Health Grade: C
In 2020, Timmons Arts Foundation reported a deficit of $27K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 5.9% (very low leverage).
Financial Trends
Over 4 years of filings (2014–2020), Timmons Arts Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -45.4% | -0.5% | -57.8% |
| 2019 | +75.7% | +63.3% | +128.7% |
| 2018 | +137.1% | +125.4% | +511.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Timmons Arts Foundation 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 Timmons Arts Foundation 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.9%.
Frequently Asked Questions about Timmons Arts Foundation
Is Timmons Arts Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Timmons Arts Foundation (EIN: 454007299) insufficient data. 0 red flags identified, 0 strengths noted.
How does Timmons Arts Foundation spend its money?
Detailed spending breakdown data is not yet available for Timmons Arts Foundation. Check back for updated IRS 990 analysis.
Are donations to Timmons Arts Foundation tax-deductible?
Timmons Arts Foundation is registered as a tax-exempt nonprofit (EIN: 454007299). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Timmons Arts Foundation located?
Timmons Arts Foundation is headquartered in Little Rock, Arkansas and files with the IRS under EIN 454007299. It is classified under NTEE code A25.
How many years of IRS 990 filings does Timmons Arts Foundation have?
Timmons Arts Foundation 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 $60K in total revenue.
Filing History
IRS 990 filing history for Timmons Arts Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2014–2020), Timmons Arts Foundation's revenue has grown by 127.5%, moving from $26K to $60K. Total assets increased by 489.5% over the same period, from $3K to $19K. Total functional expenses rose by 266%, from $24K to $86K. In its most recent filing year (2020), Timmons Arts Foundation reported a deficit of $27K, with expenses exceeding revenue. The organization holds $1K in liabilities against $19K in assets (debt-to-asset ratio: 5.9%), resulting in net assets of $17K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $60K | $86K | $19K | $1K | — | — |
| 2019 | $110K | $87K | $44K | $0 | — | View 990 |
| 2018 | $62K | $53K | $19K | $0 | — | View 990 |
| 2014 | $26K | $24K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $60K, expenses of $86K, and assets of $19K (revenue -45.4% year-over-year).
- 2019: Revenue of $110K, expenses of $87K, and assets of $44K (revenue +75.7% year-over-year).
- 2018: Revenue of $62K, expenses of $53K, and assets of $19K (revenue +137.1% year-over-year).
- 2014: Revenue of $26K, expenses of $24K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Timmons Arts Foundation:
Data Sources and Methodology
This transparency report for Timmons Arts Foundation 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.