Accelerate4 Kids Foundation
EIN: 814456932 · Detroit, MI · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $228K |
| Total Expenses | $202K |
| Net Assets | $3K |
Is Accelerate4 Kids Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Accelerate4 Kids Foundation
Accelerate4 Kids Foundation (EIN: 814456932) is a nonprofit organization based in Detroit, MI, classified under NTEE code B82. The organization reported total revenue of $228K and total assets of $62K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Accelerate4 Kids Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Accelerate4 Kids Foundation is a small nonprofit that has been operating for 10 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $192K |
| Total Expenses | $202K |
| Surplus / Deficit | $-9,619 |
| Total Assets | $6K |
| Total Liabilities | $4K |
| Net Assets | $3K |
| Operating Margin | -5.0% |
| Debt-to-Asset Ratio | 60.4% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2023, Accelerate4 Kids Foundation reported a deficit of $10K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 60.4% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Accelerate4 Kids Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.8% | -18.9% | -47.2% |
| 2022 | -11.2% | +25.2% | -78.6% |
| 2021 | +58.1% | +63.6% | +121.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Accelerate4 Kids 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 Accelerate4 Kids 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 deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 60.4%.
Frequently Asked Questions about Accelerate4 Kids Foundation
Is Accelerate4 Kids Foundation a legitimate charity?
Accelerate4 Kids Foundation (EIN: 814456932) is a registered tax-exempt nonprofit based in Michigan. It has 4 years of IRS 990 filings on record. Total revenue: $228K. No red flags identified. Financial health grade: D.
How does Accelerate4 Kids Foundation spend its money?
Accelerate4 Kids Foundation reported $228K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Accelerate4 Kids Foundation tax-deductible?
Accelerate4 Kids Foundation is registered as a tax-exempt nonprofit (EIN: 814456932). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Accelerate4 Kids Foundation located?
Accelerate4 Kids Foundation is headquartered in Detroit, Michigan and files with the IRS under EIN 814456932. It is classified under NTEE code B82.
How many years of IRS 990 filings does Accelerate4 Kids Foundation have?
Accelerate4 Kids 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 $228K in total revenue.
Filing History
IRS 990 filing history for Accelerate4 Kids Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Accelerate4 Kids Foundation's revenue has grown by 32.2%, moving from $145K to $192K. Total assets decreased by 75% over the same period, from $26K to $6K. Total functional expenses rose by 66.2%, from $121K to $202K. In its most recent filing year (2023), Accelerate4 Kids Foundation reported a deficit of $10K, with expenses exceeding revenue. The organization holds $4K in liabilities against $6K in assets (debt-to-asset ratio: 60.4%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $192K | $202K | $6K | $4K | — | View 990 |
| 2022 | $204K | $248K | $12K | $0 | — | View 990 |
| 2021 | $230K | $198K | $57K | $0 | — | — |
| 2020 | $145K | $121K | $26K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $192K, expenses of $202K, and assets of $6K (revenue -5.8% year-over-year).
- 2022: Revenue of $204K, expenses of $248K, and assets of $12K (revenue -11.2% year-over-year).
- 2021: Revenue of $230K, expenses of $198K, and assets of $57K (revenue +58.1% year-over-year).
- 2020: Revenue of $145K, expenses of $121K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Accelerate4 Kids Foundation:
Data Sources and Methodology
This transparency report for Accelerate4 Kids 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.