10000 Fathers Inc
EIN: 462325700 · Colorado Spgs, CO · NTEE: X80
| Metric | Value |
|---|---|
| Total Revenue | $294K |
| Total Expenses | $431K |
| Net Assets | $36K |
Is 10000 Fathers Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About 10000 Fathers Inc
10000 Fathers Inc (EIN: 462325700) is a nonprofit organization based in Colorado Spgs, CO, classified under NTEE code X80. The organization reported total revenue of $294K and total assets of $56K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 10000 Fathers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
10000 Fathers Inc is a small nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 39.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $384K |
| Total Expenses | $431K |
| Surplus / Deficit | $-47,277 |
| Total Assets | $56K |
| Total Liabilities | $19K |
| Net Assets | $36K |
| Operating Margin | -12.3% |
| Debt-to-Asset Ratio | 34.6% |
| Months of Reserves | 1.6 months |
Financial Health Grade: C
In 2023, 10000 Fathers Inc reported a deficit of $47K with expenses exceeding revenue, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 34.6% (moderate leverage).
Financial Trends
Over 10 years of filings (2014–2023), 10000 Fathers Inc's revenue has grown at a compound annual growth rate (CAGR) of 39.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.5% | +0.1% | -37.3% |
| 2022 | -14.3% | -10.1% | +57.3% |
| 2021 | +50.6% | +25.0% | +47.9% |
| 2020 | -45.4% | -40.8% | -31.0% |
| 2019 | +9.1% | -13.5% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for 10000 Fathers Inc 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 10000 Fathers Inc 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 deficit of $47K, with expenses exceeding revenue.
- Debt-to-asset ratio: 34.6%.
Frequently Asked Questions about 10000 Fathers Inc
Is 10000 Fathers Inc a legitimate charity?
10000 Fathers Inc (EIN: 462325700) is a registered tax-exempt nonprofit based in Colorado. It has 10 years of IRS 990 filings on record. Total revenue: $294K. No red flags identified. Financial health grade: C.
How does 10000 Fathers Inc spend its money?
10000 Fathers Inc reported $294K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to 10000 Fathers Inc tax-deductible?
10000 Fathers Inc is registered as a tax-exempt nonprofit (EIN: 462325700). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is 10000 Fathers Inc located?
10000 Fathers Inc is headquartered in Colorado Spgs, Colorado and files with the IRS under EIN 462325700. It is classified under NTEE code X80.
How many years of IRS 990 filings does 10000 Fathers Inc have?
10000 Fathers Inc has 10 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 $294K in total revenue.
Filing History
IRS 990 filing history for 10000 Fathers Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), 10000 Fathers Inc's revenue has grown by 1849.2%, moving from $20K to $384K. Total assets increased by 370.8% over the same period, from $12K to $56K. Total functional expenses rose by 3944.4%, from $11K to $431K. In its most recent filing year (2023), 10000 Fathers Inc reported a deficit of $47K, with expenses exceeding revenue. The organization holds $19K in liabilities against $56K in assets (debt-to-asset ratio: 34.6%), resulting in net assets of $36K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $384K | $431K | $56K | $19K | — | — |
| 2022 | $465K | $431K | $89K | $5K | — | — |
| 2021 | $543K | $479K | $57K | $7K | — | View 990 |
| 2020 | $360K | $383K | $38K | $52K | — | View 990 |
| 2019 | $660K | $647K | $55K | $47K | — | View 990 |
| 2018 | $605K | $748K | $59K | $66K | — | View 990 |
| 2017 | $643K | $624K | $162K | $26K | — | View 990 |
| 2016 | $570K | $499K | $191K | $61K | — | View 990 |
| 2015 | $264K | $228K | $49K | $4K | — | View 990 |
| 2014 | $20K | $11K | $12K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $384K, expenses of $431K, and assets of $56K (revenue -17.5% year-over-year).
- 2022: Revenue of $465K, expenses of $431K, and assets of $89K (revenue -14.3% year-over-year).
- 2021: Revenue of $543K, expenses of $479K, and assets of $57K (revenue +50.6% year-over-year).
- 2020: Revenue of $360K, expenses of $383K, and assets of $38K (revenue -45.4% year-over-year).
- 2019: Revenue of $660K, expenses of $647K, and assets of $55K (revenue +9.1% year-over-year).
- 2018: Revenue of $605K, expenses of $748K, and assets of $59K (revenue -5.8% year-over-year).
- 2017: Revenue of $643K, expenses of $624K, and assets of $162K (revenue +12.8% year-over-year).
- 2016: Revenue of $570K, expenses of $499K, and assets of $191K (revenue +115.9% year-over-year).
- 2015: Revenue of $264K, expenses of $228K, and assets of $49K (revenue +1239.8% year-over-year).
- 2014: Revenue of $20K, expenses of $11K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 10000 Fathers Inc:
Data Sources and Methodology
This transparency report for 10000 Fathers Inc 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.