What Cheer Art Company
EIN: 50480604 · Providence, RI · NTEE: A60
| Metric | Value |
|---|---|
| Total Expenses | $73K |
| Net Assets | $11K |
Is What Cheer Art Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About What Cheer Art Company
What Cheer Art Company (EIN: 50480604) is a nonprofit organization based in Providence, RI, classified under NTEE code A60. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of What Cheer Art Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
What Cheer Art Company is a micro nonprofit that has been operating for 31 years, with 3 years of IRS 990 filings on record (2011–2013). Revenue has grown at a compound annual rate of -12.4%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $61K |
| Total Expenses | $73K |
| Surplus / Deficit | $-11,489 |
| Total Assets | $12K |
| Total Liabilities | $500 |
| Net Assets | $11K |
| Operating Margin | -18.7% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 1.9 months |
Financial Health Grade: C
In 2013, What Cheer Art Company reported a deficit of $11K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 3 years of filings (2011–2013), What Cheer Art Company's revenue has declined at a compound annual growth rate (CAGR) of -12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | -3.1% | +3.2% | -49.8% |
| 2012 | -20.9% | -9.4% | -25.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for What Cheer Art Company 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 What Cheer Art Company 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 (2013)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.3%.
Frequently Asked Questions about What Cheer Art Company
Is What Cheer Art Company a legitimate charity?
Based on AI analysis of IRS 990 filings, What Cheer Art Company (EIN: 50480604) insufficient data. 0 red flags identified, 0 strengths noted.
How does What Cheer Art Company spend its money?
Detailed spending breakdown data is not yet available for What Cheer Art Company. Check back for updated IRS 990 analysis.
Are donations to What Cheer Art Company tax-deductible?
What Cheer Art Company is registered as a tax-exempt nonprofit (EIN: 50480604). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is What Cheer Art Company located?
What Cheer Art Company is headquartered in Providence, Rhode Island and files with the IRS under EIN 50480604. It is classified under NTEE code A60.
How many years of IRS 990 filings does What Cheer Art Company have?
What Cheer Art Company has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for What Cheer Art Company showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2013), What Cheer Art Company's revenue has declined by 23.3%, moving from $80K to $61K. Total assets decreased by 62.3% over the same period, from $31K to $12K. Total functional expenses fell by 6.4%, from $78K to $73K. In its most recent filing year (2013), What Cheer Art Company reported a deficit of $11K, with expenses exceeding revenue. The organization holds $500 in liabilities against $12K in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $61K | $73K | $12K | $500 | — | View 990 |
| 2012 | $63K | $71K | $23K | $445 | — | View 990 |
| 2011 | $80K | $78K | $31K | $886 | — | View 990 |
Year-by-Year Financial Summary
- 2013: Revenue of $61K, expenses of $73K, and assets of $12K (revenue -3.1% year-over-year).
- 2012: Revenue of $63K, expenses of $71K, and assets of $23K (revenue -20.9% year-over-year).
- 2011: Revenue of $80K, expenses of $78K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for What Cheer Art Company:
Data Sources and Methodology
This transparency report for What Cheer Art Company 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.