380 Foundation
EIN: 462722007 · Cedar Rapids, IA · NTEE: H11
| Metric | Value |
|---|---|
| Total Expenses | $3K |
| Net Assets | $-82 |
Is 380 Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About 380 Foundation
380 Foundation (EIN: 462722007) is a nonprofit organization based in Cedar Rapids, IA, classified under NTEE code H11. The organization reported total revenue of $0 and total assets of $918 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 380 Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
380 Foundation is a micro nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2014–2021).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -100.0% | -93.0% | -76.2% |
| 2020 | -74.7% | -72.6% | -33.5% |
| 2019 | +6224.7% | +6266.7% | +1110.4% |
| 2018 | -97.7% | -97.8% | +26.4% |
| 2017 | +4.0% | +1.8% | -52.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for 380 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 380 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 (2021)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 108.9%.
Frequently Asked Questions about 380 Foundation
Is 380 Foundation a legitimate charity?
380 Foundation (EIN: 462722007) is a registered tax-exempt nonprofit based in Iowa. It has 8 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does 380 Foundation spend its money?
380 Foundation reported its financials in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to 380 Foundation tax-deductible?
380 Foundation is registered as a tax-exempt nonprofit (EIN: 462722007). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is 380 Foundation located?
380 Foundation is headquartered in Cedar Rapids, Iowa and files with the IRS under EIN 462722007. It is classified under NTEE code H11.
How many years of IRS 990 filings does 380 Foundation have?
380 Foundation has 8 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 380 Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2014–2021), 380 Foundation's revenue has declined by 100%, moving from $93K to $0. Total assets decreased by 89.5% over the same period, from $9K to $918. Total functional expenses fell by 96.6%, from $86K to $3K. The organization holds $1K in liabilities against $918 in assets (debt-to-asset ratio: 108.9%), resulting in net assets of $-82.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $0 | $3K | $918 | $1K | — | View 990 |
| 2020 | $40K | $42K | $4K | $1K | — | — |
| 2019 | $158K | $153K | $6K | $1K | — | View 990 |
| 2018 | $3K | $2K | $479 | $1K | — | View 990 |
| 2017 | $108K | $109K | $379 | $1K | — | View 990 |
| 2016 | $104K | $107K | $802 | $1K | — | View 990 |
| 2015 | $101K | $107K | $4K | $1K | — | View 990 |
| 2014 | $93K | $86K | $9K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $0, expenses of $3K, and assets of $918 (revenue -100.0% year-over-year).
- 2020: Revenue of $40K, expenses of $42K, and assets of $4K (revenue -74.7% year-over-year).
- 2019: Revenue of $158K, expenses of $153K, and assets of $6K (revenue +6224.7% year-over-year).
- 2018: Revenue of $3K, expenses of $2K, and assets of $479 (revenue -97.7% year-over-year).
- 2017: Revenue of $108K, expenses of $109K, and assets of $379 (revenue +4.0% year-over-year).
- 2016: Revenue of $104K, expenses of $107K, and assets of $802 (revenue +2.8% year-over-year).
- 2015: Revenue of $101K, expenses of $107K, and assets of $4K (revenue +8.7% year-over-year).
- 2014: Revenue of $93K, expenses of $86K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 380 Foundation:
Data Sources and Methodology
This transparency report for 380 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.