Unique Hair Design The School
EIN: 320479926 · Lancaster, SC · NTEE: B28
| Metric | Value |
|---|---|
| Total Revenue | $13K |
| Total Expenses | $13K |
| Net Assets | $1 |
Is Unique Hair Design The School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Unique Hair Design The School
Unique Hair Design The School (EIN: 320479926) is a nonprofit organization based in Lancaster, SC, classified under NTEE code B28. The organization reported total revenue of $13K and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Unique Hair Design The School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Unique Hair Design The School is a micro nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $13K |
| Surplus / Deficit | +$10K |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | 44.1% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2023, Unique Hair Design The School reported a surplus of $10K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2019–2023), Unique Hair Design The School's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +372.8% | +56.7% | +0.0% |
| 2022 | -26.6% | +20.4% | +0.0% |
| 2021 | -49.0% | -54.7% | +0.0% |
| 2020 | -50.6% | -41.3% | -99.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Unique Hair Design The School 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 Unique Hair Design The School 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 $10K, with revenue exceeding expenses.
Frequently Asked Questions about Unique Hair Design The School
Is Unique Hair Design The School a legitimate charity?
Based on AI analysis of IRS 990 filings, Unique Hair Design The School (EIN: 320479926) insufficient data. 0 red flags identified, 0 strengths noted.
How does Unique Hair Design The School spend its money?
Detailed spending breakdown data is not yet available for Unique Hair Design The School. Check back for updated IRS 990 analysis.
Are donations to Unique Hair Design The School tax-deductible?
Unique Hair Design The School is registered as a tax-exempt nonprofit (EIN: 320479926). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Unique Hair Design The School located?
Unique Hair Design The School is headquartered in Lancaster, South Carolina and files with the IRS under EIN 320479926. It is classified under NTEE code B28.
How many years of IRS 990 filings does Unique Hair Design The School have?
Unique Hair Design The School has 5 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 $13K in total revenue.
Filing History
IRS 990 filing history for Unique Hair Design The School showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Unique Hair Design The School's revenue has declined by 12.5%, moving from $26K to $23K. Total assets decreased by 99.8% over the same period, from $652 to $1. Total functional expenses fell by 49.8%, from $26K to $13K. In its most recent filing year (2023), Unique Hair Design The School reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23K | $13K | $1 | $0 | — | View 990 |
| 2022 | $5K | $8K | $1 | $0 | — | View 990 |
| 2021 | $7K | $7K | $1 | $0 | — | — |
| 2020 | $13K | $15K | $1 | $0 | — | — |
| 2019 | $26K | $26K | $652 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23K, expenses of $13K, and assets of $1 (revenue +372.8% year-over-year).
- 2022: Revenue of $5K, expenses of $8K, and assets of $1 (revenue -26.6% year-over-year).
- 2021: Revenue of $7K, expenses of $7K, and assets of $1 (revenue -49.0% year-over-year).
- 2020: Revenue of $13K, expenses of $15K, and assets of $1 (revenue -50.6% year-over-year).
- 2019: Revenue of $26K, expenses of $26K, and assets of $652.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Unique Hair Design The School:
Data Sources and Methodology
This transparency report for Unique Hair Design The School 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.