A New Direction Breaking The Cycle Of Poverty
EIN: 453963351 · Jacksonville, FL · NTEE: E22
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Net Assets | $0 |
Is A New Direction Breaking The Cycle Of Poverty Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About A New Direction Breaking The Cycle Of Poverty
A New Direction Breaking The Cycle Of Poverty (EIN: 453963351) is a nonprofit organization based in Jacksonville, FL, classified under NTEE code E22. The organization reported total revenue of $1.1M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A New Direction Breaking The Cycle Of Poverty's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
A New Direction Breaking The Cycle Of Poverty is a mid-size nonprofit that has been operating for 12 years, with 2 years of IRS 990 filings on record (2020–2021). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$0 |
| Total Assets | $1.1M |
| Total Liabilities | $1.1M |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 12.0 months |
Financial Health Grade: B
In 2021, A New Direction Breaking The Cycle Of Poverty reported a surplus of $0 with revenue exceeding expenses, holds 12.0 months of operating reserves (strong position), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 2 years of filings (2020–2021), A New Direction Breaking The Cycle Of Poverty's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +10.9% | -24.4% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for A New Direction Breaking The Cycle Of Poverty 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 A New Direction Breaking The Cycle Of Poverty 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:
- The organization reported a surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about A New Direction Breaking The Cycle Of Poverty
Is A New Direction Breaking The Cycle Of Poverty a legitimate charity?
A New Direction Breaking The Cycle Of Poverty (EIN: 453963351) is a registered tax-exempt nonprofit based in Florida. It has 2 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: B.
How does A New Direction Breaking The Cycle Of Poverty spend its money?
A New Direction Breaking The Cycle Of Poverty reported $1.1M in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to A New Direction Breaking The Cycle Of Poverty tax-deductible?
A New Direction Breaking The Cycle Of Poverty is registered as a tax-exempt nonprofit (EIN: 453963351). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is A New Direction Breaking The Cycle Of Poverty located?
A New Direction Breaking The Cycle Of Poverty is headquartered in Jacksonville, Florida and files with the IRS under EIN 453963351. It is classified under NTEE code E22.
How many years of IRS 990 filings does A New Direction Breaking The Cycle Of Poverty have?
A New Direction Breaking The Cycle Of Poverty has 2 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for A New Direction Breaking The Cycle Of Poverty showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2020–2021), A New Direction Breaking The Cycle Of Poverty's revenue has grown by 10.9%, moving from $960K to $1.1M. Total assets increased by 0% over the same period, from $1.1M to $1.1M. Total functional expenses fell by 24.4%, from $1.4M to $1.1M. In its most recent filing year (2021), A New Direction Breaking The Cycle Of Poverty reported a surplus of $0, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $1.1M in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $1.1M | $1.1M | $1.1M | $1.1M | — | — |
| 2020 | $960K | $1.4M | $1.1M | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for A New Direction Breaking The Cycle Of Poverty:
Data Sources and Methodology
This transparency report for A New Direction Breaking The Cycle Of Poverty 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.