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ASET ACADEMY OF PERFORMING ARTS C/O ADE CONSULTING

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Tax-exempt status may be revoked

ASET ACADEMY OF PERFORMING ARTS C/O ADE CONSULTING

EIN 45-2443738 · Performing Arts Organizations

What they do

MISSION STATEMENT: ASET ACADEMY is BUILT UPON THE FOUNDATION of HELPING to STRENGTHEN COMMUNITIES BY PROVIDING OPPORTUNITIES to SUPPORT THE DREAMS of OUR YOUTH BY UNLOCKING THEIR POTENTIAL WHILE CONTRIBUTING to THE PROFESSIONAL ADVANCEMENT of THE ARTS; to ACTIVELY SERVE, and ENRICH THE LIVES of OTHERS.

Before you give

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2016The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders3 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

87.52%of revenue went to mission work99.8% of expenses · Program services
0.19%of revenue went to fundraising0.2% of expenses
$87.71spent for every $100 of revenueRevenue covered expenses this year.
$0.19in assets for every $1 spent this yearSome assets cannot be spent right away.
58.4%of its money came from giftsOther money may come from services or investments.

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Money

Financial picture

Tax year 2016

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$152,445
Mission workProgram services$133,42387.52% of revenue99.8% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations$2890.19% of revenue0.2% of expenses
Revenue left after expensesReported annual surplus$18,73312.29% of revenueShown in gray on the chart
Total expenses$133,71287.71% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Revenue$152,445
Expenses$133,712
Annual surplus $18,733 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$133,423 · 99.8% of expenses
Fundraising$289 · 0.2% of expenses
See all reported dollar amounts
Revenue$152,445
Expenses$133,712
Assets$25,367
Income$152,445
Contributions$88,975
Mission work (program services)$133,423
Fundraising$289
Executive compensation (total)$28,911
Accounting fees$4,300
People

Leadership and board

Tax year 2016

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (3)

BRITTANY CHANDLERVICE PRESIDE

DESTINY GLOVERSECRETARY

INDIA WILSONPRESIDENT

About this charity

Location
608 MALTA DRIVE, NASHVILLE, TN 37207
County
Davidson
In care of
ANGEL ADAMS
Primary officer
ANGEL ADAMS, EXECUTIVE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2016
Tax period began
August 1, 2016
Return type
990
Tax preparer
ADE CONSULTING
IRS tax category
Performing Arts Organizations
Revocation date
December 15, 2013

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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