3 Degrees Mentoring
EIN: 562423396 · Spartanburg, SC
| Metric | Value |
|---|---|
| Total Expenses | $24K |
| Net Assets | $27K |
Is 3 Degrees Mentoring Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About 3 Degrees Mentoring
3 Degrees Mentoring (EIN: 562423396) is a nonprofit organization based in Spartanburg, SC. 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 3 Degrees Mentoring's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
3 Degrees Mentoring is a micro nonprofit.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $51K |
| Total Expenses | $24K |
| Surplus / Deficit | +$27K |
| Total Assets | $29K |
| Total Liabilities | $2K |
| Net Assets | $27K |
| Operating Margin | 52.7% |
| Debt-to-Asset Ratio | 8.1% |
| Months of Reserves | 14.6 months |
Financial Health Grade: A
In 2015, 3 Degrees Mentoring reported a surplus of $27K with revenue exceeding expenses, holds 14.6 months of operating reserves (strong position), has a debt-to-asset ratio of 8.1% (very low leverage).
AI Analysis Pending
AI enrichment for 3 Degrees Mentoring 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 3 Degrees Mentoring 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.1%.
Frequently Asked Questions about 3 Degrees Mentoring
Is 3 Degrees Mentoring a legitimate charity?
3 Degrees Mentoring (EIN: 562423396) is a registered tax-exempt nonprofit based in South Carolina. No red flags identified. Financial health grade: A.
How does 3 Degrees Mentoring spend its money?
3 Degrees Mentoring reported its financials in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to 3 Degrees Mentoring tax-deductible?
3 Degrees Mentoring is registered as a tax-exempt nonprofit (EIN: 562423396). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is 3 Degrees Mentoring located?
3 Degrees Mentoring is headquartered in Spartanburg, South Carolina and files with the IRS under EIN 562423396.
Filing History
IRS 990 filing history for 3 Degrees Mentoring showing financial trends over 1 year of public records:
In its most recent filing year (2015), 3 Degrees Mentoring reported a surplus of $27K, with revenue exceeding expenses. The organization holds $2K in liabilities against $29K in assets (debt-to-asset ratio: 8.1%), resulting in net assets of $27K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $51K | $24K | $29K | $2K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 3 Degrees Mentoring:
Data Sources and Methodology
This transparency report for 3 Degrees Mentoring 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.