Amedeo Obici Tr
EIN: 246011812 · Las Vegas, NV
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $2.6M |
| Net Assets | $0 |
Is Amedeo Obici Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Amedeo Obici Tr
Amedeo Obici Tr (EIN: 246011812) is a nonprofit organization based in Las Vegas, NV. The organization reported total revenue of $2.5M and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amedeo Obici Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amedeo Obici Tr is a mid-size nonprofit, with 4 years of IRS 990 filings on record (2018–2021). Revenue has grown at a compound annual rate of 51.4%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $559K |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-2,004,824 |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | -358.7% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2021, Amedeo Obici Tr reported a deficit of $2.0M with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 4 years of filings (2018–2021), Amedeo Obici Tr's revenue has grown at a compound annual growth rate (CAGR) of 51.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +394.6% | +1930.8% | -100.0% |
| 2020 | -7.5% | -6.2% | -0.7% |
| 2019 | -24.1% | -49.1% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Amedeo Obici Tr 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 Amedeo Obici Tr 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 deficit of $2.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Amedeo Obici Tr
Is Amedeo Obici Tr a legitimate charity?
Amedeo Obici Tr (EIN: 246011812) is a registered tax-exempt nonprofit based in Nevada. It has 4 years of IRS 990 filings on record. Total revenue: $2.5M. No red flags identified. Financial health grade: D.
How does Amedeo Obici Tr spend its money?
Amedeo Obici Tr reported $2.5M 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 Amedeo Obici Tr tax-deductible?
Amedeo Obici Tr is registered as a tax-exempt nonprofit (EIN: 246011812). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Amedeo Obici Tr located?
Amedeo Obici Tr is headquartered in Las Vegas, Nevada and files with the IRS under EIN 246011812.
How many years of IRS 990 filings does Amedeo Obici Tr have?
Amedeo Obici Tr 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 $2.5M in total revenue.
Filing History
IRS 990 filing history for Amedeo Obici Tr showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2018–2021), Amedeo Obici Tr's revenue has grown by 247.1%, moving from $161K to $559K. Total assets decreased by 100% over the same period, from $2.0M to $1. Total functional expenses rose by 869.3%, from $265K to $2.6M. In its most recent filing year (2021), Amedeo Obici Tr reported a deficit of $2.0M, with expenses exceeding revenue. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $559K | $2.6M | $1 | $1 | — | — |
| 2020 | $113K | $126K | $2.0M | $1 | — | — |
| 2019 | $122K | $135K | $2.0M | $1 | — | View 990 |
| 2018 | $161K | $265K | $2.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $559K, expenses of $2.6M, and assets of $1 (revenue +394.6% year-over-year).
- 2020: Revenue of $113K, expenses of $126K, and assets of $2.0M (revenue -7.5% year-over-year).
- 2019: Revenue of $122K, expenses of $135K, and assets of $2.0M (revenue -24.1% year-over-year).
- 2018: Revenue of $161K, expenses of $265K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amedeo Obici Tr:
Data Sources and Methodology
This transparency report for Amedeo Obici Tr 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.