1776 Foundation
EIN: 474532237 · Billings, MT · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $160K |
| Total Expenses | $146K |
| Net Assets | $47K |
Is 1776 Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About 1776 Foundation
1776 Foundation (EIN: 474532237) is a nonprofit organization based in Billings, MT, classified under NTEE code B99. The organization reported total revenue of $160K and total assets of $65K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 1776 Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
1776 Foundation is a small nonprofit that has been operating for 11 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 26.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $146K |
| Surplus / Deficit | +$3K |
| Total Assets | $47K |
| Net Assets | $47K |
| Operating Margin | 2.1% |
| Months of Reserves | 3.8 months |
Financial Health Grade: A
In 2023, 1776 Foundation reported a surplus of $3K with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate).
Financial Trends
Over 4 years of filings (2020–2023), 1776 Foundation's revenue has grown at a compound annual growth rate (CAGR) of 26.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.9% | +8.2% | +19.5% |
| 2022 | +6.1% | +27.9% | -22.4% |
| 2021 | +64.2% | +69.2% | +54.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for 1776 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 1776 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 $3K, with revenue exceeding expenses.
Frequently Asked Questions about 1776 Foundation
Is 1776 Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, 1776 Foundation (EIN: 474532237) insufficient data. 0 red flags identified, 0 strengths noted.
How does 1776 Foundation spend its money?
Detailed spending breakdown data is not yet available for 1776 Foundation. Check back for updated IRS 990 analysis.
Are donations to 1776 Foundation tax-deductible?
1776 Foundation is registered as a tax-exempt nonprofit (EIN: 474532237). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is 1776 Foundation located?
1776 Foundation is headquartered in Billings, Montana and files with the IRS under EIN 474532237. It is classified under NTEE code B99.
How many years of IRS 990 filings does 1776 Foundation have?
1776 Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $160K in total revenue.
Filing History
IRS 990 filing history for 1776 Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), 1776 Foundation's revenue has grown by 103.7%, moving from $73K to $149K. Total assets increased by 43.6% over the same period, from $33K to $47K. Total functional expenses rose by 134.1%, from $62K to $146K. In its most recent filing year (2023), 1776 Foundation reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $149K | $146K | $47K | $0 | — | View 990 |
| 2022 | $128K | $135K | $39K | $0 | — | View 990 |
| 2021 | $120K | $105K | $50K | $0 | — | View 990 |
| 2020 | $73K | $62K | $33K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $149K, expenses of $146K, and assets of $47K (revenue +16.9% year-over-year).
- 2022: Revenue of $128K, expenses of $135K, and assets of $39K (revenue +6.1% year-over-year).
- 2021: Revenue of $120K, expenses of $105K, and assets of $50K (revenue +64.2% year-over-year).
- 2020: Revenue of $73K, expenses of $62K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 1776 Foundation:
Data Sources and Methodology
This transparency report for 1776 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.