1150 Foundation
EIN: 461547070 · Las Vegas, NV · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $117K |
| Total Expenses | $117K |
| Net Assets | $94K |
Is 1150 Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About 1150 Foundation
1150 Foundation (EIN: 461547070) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code T20. The organization reported total revenue of $117K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 1150 Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
1150 Foundation is a small nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 18.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $185K |
| Total Expenses | $117K |
| Surplus / Deficit | +$68K |
| Total Assets | $94K |
| Total Liabilities | $1 |
| Net Assets | $94K |
| Operating Margin | 36.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 9.7 months |
Financial Health Grade: A
In 2023, 1150 Foundation reported a surplus of $68K with revenue exceeding expenses, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), 1150 Foundation's revenue has grown at a compound annual growth rate (CAGR) of 18.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +115.1% | -6.6% | +261.7% |
| 2022 | -58.0% | -26.3% | -60.1% |
| 2021 | +159.5% | +52.1% | +114.9% |
| 2020 | +774.7% | +65.6% | -51.9% |
| 2019 | -55.7% | +562.0% | -14.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for 1150 Foundation 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 1150 Foundation 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 $68K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about 1150 Foundation
Is 1150 Foundation a legitimate charity?
1150 Foundation (EIN: 461547070) is a registered tax-exempt nonprofit based in Nevada. It has 9 years of IRS 990 filings on record. Total revenue: $117K. No red flags identified. Financial health grade: A.
How does 1150 Foundation spend its money?
1150 Foundation reported $117K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to 1150 Foundation tax-deductible?
1150 Foundation is registered as a tax-exempt nonprofit (EIN: 461547070). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is 1150 Foundation located?
1150 Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 461547070. It is classified under NTEE code T20.
How many years of IRS 990 filings does 1150 Foundation have?
1150 Foundation has 9 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 $117K in total revenue.
Filing History
IRS 990 filing history for 1150 Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), 1150 Foundation's revenue has grown by 517.1%, moving from $30K to $185K. Total assets increased by 248.9% over the same period, from $27K to $94K. Total functional expenses rose by 3799.3%, from $3K to $117K. In its most recent filing year (2023), 1150 Foundation reported a surplus of $68K, with revenue exceeding expenses. The organization holds $1 in liabilities against $94K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $94K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $185K | $117K | $94K | $1 | — | View 990 |
| 2022 | $86K | $125K | $26K | $1 | — | View 990 |
| 2021 | $205K | $170K | $65K | $1 | — | — |
| 2020 | $79K | $112K | $30K | $1 | — | — |
| 2019 | $9K | $68K | $63K | $0 | — | View 990 |
| 2015 | $20K | $10K | $74K | $0 | — | View 990 |
| 2014 | $20K | $16 | $64K | $0 | — | View 990 |
| 2013 | $20K | $3K | $44K | $0 | — | View 990 |
| 2012 | $30K | $3K | $27K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $185K, expenses of $117K, and assets of $94K (revenue +115.1% year-over-year).
- 2022: Revenue of $86K, expenses of $125K, and assets of $26K (revenue -58.0% year-over-year).
- 2021: Revenue of $205K, expenses of $170K, and assets of $65K (revenue +159.5% year-over-year).
- 2020: Revenue of $79K, expenses of $112K, and assets of $30K (revenue +774.7% year-over-year).
- 2019: Revenue of $9K, expenses of $68K, and assets of $63K (revenue -55.7% year-over-year).
- 2015: Revenue of $20K, expenses of $10K, and assets of $74K (revenue +0.8% year-over-year).
- 2014: Revenue of $20K, expenses of $16, and assets of $64K (revenue +0.8% year-over-year).
- 2013: Revenue of $20K, expenses of $3K, and assets of $44K (revenue -33.2% year-over-year).
- 2012: Revenue of $30K, expenses of $3K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 1150 Foundation:
Data Sources and Methodology
This transparency report for 1150 Foundation 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.