1776 Nation Inc
EIN: 800657632 · Dover, DE · NTEE: R010
Is 1776 Nation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About 1776 Nation Inc
1776 Nation Inc (EIN: 800657632) is a nonprofit organization based in Dover, DE, classified under NTEE code R010. The organization reported total revenue of $285K and total assets of $1K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 1776 Nation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
1776 Nation Inc is a small nonprofit that has been operating for 13 years, with 5 years of IRS 990 filings on record (2012–2017). Revenue has grown at a compound annual rate of 33.1%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $285K |
| Total Expenses | $285K |
| Surplus / Deficit | $-273 |
| Total Assets | $1K |
| Total Liabilities | $15K |
| Net Assets | $-13,827 |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 1278.8% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2017, 1776 Nation Inc reported a deficit of $273 with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 1278.8% (high leverage).
Financial Trends
Over 5 years of filings (2012–2017), 1776 Nation Inc's revenue has grown at a compound annual growth rate (CAGR) of 33.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -8.2% | -9.5% | -18.9% |
| 2016 | -45.2% | -37.5% | -77.0% |
| 2015 | +773.5% | +679.2% | +4040.8% |
| 2013 | -4.8% | +2518.1% | -7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for 1776 Nation 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 1776 Nation 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $273, with expenses exceeding revenue.
- Debt-to-asset ratio: 1278.8%.
Frequently Asked Questions about 1776 Nation Inc
Is 1776 Nation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, 1776 Nation Inc (EIN: 800657632) insufficient data. 0 red flags identified, 0 strengths noted.
How does 1776 Nation Inc spend its money?
Detailed spending breakdown data is not yet available for 1776 Nation Inc. Check back for updated IRS 990 analysis.
Are donations to 1776 Nation Inc tax-deductible?
1776 Nation Inc is registered as a tax-exempt nonprofit (EIN: 800657632). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for 1776 Nation Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2012–2017), 1776 Nation Inc's revenue has grown by 318.1%, moving from $68K to $285K. Total assets increased by 610.9% over the same period, from $165 to $1K. Total functional expenses rose by 11433.6%, from $2K to $285K. In its most recent filing year (2017), 1776 Nation Inc reported a deficit of $273, with expenses exceeding revenue. The organization holds $15K in liabilities against $1K in assets (debt-to-asset ratio: 1278.8%), resulting in net assets of $-13,827.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $285K | $285K | $1K | $15K | — | — |
| 2016 | $311K | $315K | $1K | $15K | — | View 990 |
| 2015 | $567K | $505K | $6K | $15K | — | View 990 |
| 2013 | $65K | $65K | $152 | $0 | — | View 990 |
| 2012 | $68K | $2K | $165 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $285K, expenses of $285K, and assets of $1K (revenue -8.2% year-over-year).
- 2016: Revenue of $311K, expenses of $315K, and assets of $1K (revenue -45.2% year-over-year).
- 2015: Revenue of $567K, expenses of $505K, and assets of $6K (revenue +773.5% year-over-year).
- 2013: Revenue of $65K, expenses of $65K, and assets of $152 (revenue -4.8% year-over-year).
- 2012: Revenue of $68K, expenses of $2K, and assets of $165.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 1776 Nation Inc:
Data Sources and Methodology
This transparency report for 1776 Nation 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.