Visual And Performing Arts Center At Fenix
EIN: 844941628 · Fayetteville, AR · NTEE: A25
| Metric | Value |
|---|---|
| Total Revenue | $50K |
| Total Expenses | $30K |
| Net Assets | $30K |
Is Visual And Performing Arts Center At Fenix Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Visual And Performing Arts Center At Fenix
Visual And Performing Arts Center At Fenix (EIN: 844941628) is a nonprofit organization based in Fayetteville, AR, classified under NTEE code A25. The organization reported total revenue of $50K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Visual And Performing Arts Center At Fenix's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Visual And Performing Arts Center At Fenix is a micro nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 68.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $39K |
| Total Expenses | $30K |
| Surplus / Deficit | +$9K |
| Total Assets | $30K |
| Total Liabilities | $250 |
| Net Assets | $30K |
| Operating Margin | 22.9% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 11.9 months |
Financial Health Grade: A
In 2023, Visual And Performing Arts Center At Fenix reported a surplus of $9K with revenue exceeding expenses, holds 11.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Visual And Performing Arts Center At Fenix's revenue has grown at a compound annual growth rate (CAGR) of 68.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.2% | +2.8% | +44.2% |
| 2022 | +79.3% | +43.4% | +122.8% |
| 2021 | +179.7% | +1749.8% | +32.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Visual And Performing Arts Center At Fenix 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 Visual And Performing Arts Center At Fenix 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 $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Visual And Performing Arts Center At Fenix
Is Visual And Performing Arts Center At Fenix a legitimate charity?
Based on AI analysis of IRS 990 filings, Visual And Performing Arts Center At Fenix (EIN: 844941628) insufficient data. 0 red flags identified, 0 strengths noted.
How does Visual And Performing Arts Center At Fenix spend its money?
Detailed spending breakdown data is not yet available for Visual And Performing Arts Center At Fenix. Check back for updated IRS 990 analysis.
Are donations to Visual And Performing Arts Center At Fenix tax-deductible?
Visual And Performing Arts Center At Fenix is registered as a tax-exempt nonprofit (EIN: 844941628). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Visual And Performing Arts Center At Fenix located?
Visual And Performing Arts Center At Fenix is headquartered in Fayetteville, Arkansas and files with the IRS under EIN 844941628. It is classified under NTEE code A25.
How many years of IRS 990 filings does Visual And Performing Arts Center At Fenix have?
Visual And Performing Arts Center At Fenix 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 $50K in total revenue.
Filing History
IRS 990 filing history for Visual And Performing Arts Center At Fenix showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Visual And Performing Arts Center At Fenix's revenue has grown by 380.6%, moving from $8K to $39K. Total assets increased by 326.6% over the same period, from $7K to $30K. Total functional expenses rose by 2628%, from $1K to $30K. In its most recent filing year (2023), Visual And Performing Arts Center At Fenix reported a surplus of $9K, with revenue exceeding expenses. The organization holds $250 in liabilities against $30K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $30K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $39K | $30K | $30K | $250 | — | View 990 |
| 2022 | $41K | $29K | $21K | $0 | — | View 990 |
| 2021 | $23K | $20K | $9K | $0 | — | — |
| 2020 | $8K | $1K | $7K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $39K, expenses of $30K, and assets of $30K (revenue -4.2% year-over-year).
- 2022: Revenue of $41K, expenses of $29K, and assets of $21K (revenue +79.3% year-over-year).
- 2021: Revenue of $23K, expenses of $20K, and assets of $9K (revenue +179.7% year-over-year).
- 2020: Revenue of $8K, expenses of $1K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Visual And Performing Arts Center At Fenix:
Data Sources and Methodology
This transparency report for Visual And Performing Arts Center At Fenix 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.