1438 Inc
EIN: 582312600 · Atlanta, GA
Is 1438 Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About 1438 Inc
1438 Inc (EIN: 582312600) is a nonprofit organization based in Atlanta, GA. 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 1438 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
1438 Inc is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2012–2016). Revenue has grown at a compound annual rate of 117.1%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $0 |
| Surplus / Deficit | +$1.5M |
| Total Assets | $4.6M |
| Total Liabilities | $2.6M |
| Net Assets | $2.0M |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 55.8% |
Financial Health Grade: B
In 2016, 1438 Inc reported a surplus of $1.5M with revenue exceeding expenses, has a debt-to-asset ratio of 55.8% (high leverage).
Financial Trends
Over 5 years of filings (2012–2016), 1438 Inc's revenue has grown at a compound annual growth rate (CAGR) of 117.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +3957.4% | — | +126.4% |
| 2015 | +879.0% | — | -2.7% |
| 2014 | -74.7% | — | -4.0% |
| 2013 | -77.9% | — | -5.6% |
AI Analysis Pending
AI enrichment for 1438 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 1438 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 (2016)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 55.8%.
Frequently Asked Questions about 1438 Inc
Is 1438 Inc a legitimate charity?
1438 Inc (EIN: 582312600) is a registered tax-exempt nonprofit based in Georgia. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does 1438 Inc spend its money?
1438 Inc reported its financials in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to 1438 Inc tax-deductible?
1438 Inc is registered as a tax-exempt nonprofit (EIN: 582312600). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is 1438 Inc located?
1438 Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 582312600.
How many years of IRS 990 filings does 1438 Inc have?
1438 Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for 1438 Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2012–2016), 1438 Inc's revenue has grown by 2122.9%, moving from $66K to $1.5M. Total assets increased by 99.7% over the same period, from $2.3M to $4.6M. The organization holds $2.6M in liabilities against $4.6M in assets (debt-to-asset ratio: 55.8%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $1.5M | $0 | $4.6M | $2.6M | — | View 990 |
| 2015 | $36K | $0 | $2.0M | $1.5M | — | View 990 |
| 2014 | $4K | $0 | $2.1M | $1.6M | — | View 990 |
| 2013 | $15K | $0 | $2.2M | $1.6M | — | View 990 |
| 2012 | $66K | $0 | $2.3M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $1.5M, expenses of $0, and assets of $4.6M (revenue +3957.4% year-over-year).
- 2015: Revenue of $36K, expenses of $0, and assets of $2.0M (revenue +879.0% year-over-year).
- 2014: Revenue of $4K, expenses of $0, and assets of $2.1M (revenue -74.7% year-over-year).
- 2013: Revenue of $15K, expenses of $0, and assets of $2.2M (revenue -77.9% year-over-year).
- 2012: Revenue of $66K, expenses of $0, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 1438 Inc:
Data Sources and Methodology
This transparency report for 1438 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.