American Carpet One Foundation
EIN: 711009218 · Aiea, HI · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $613K |
| Total Expenses | $156K |
| Net Assets | $1.3M |
Is American Carpet One Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About American Carpet One Foundation
American Carpet One Foundation (EIN: 711009218) is a nonprofit organization based in Aiea, HI, classified under NTEE code T22. The organization reported total revenue of $613K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Carpet One Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Carpet One Foundation is a small nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $113K |
| Total Expenses | $156K |
| Surplus / Deficit | $-42,318 |
| Total Assets | $1.3M |
| Net Assets | $1.3M |
| Operating Margin | -37.4% |
| Months of Reserves | 98.9 months |
Financial Health Grade: C
In 2023, American Carpet One Foundation reported a deficit of $42K with expenses exceeding revenue, holds 98.9 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), American Carpet One Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.1% | +45.2% | -3.3% |
| 2022 | -7.9% | +8.4% | +3.9% |
| 2021 | +1821.3% | +65.1% | +6.1% |
| 2020 | -87.8% | -30.7% | -4.1% |
| 2019 | -80.8% | +51.2% | +40.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for American Carpet One 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 American Carpet One 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 $42K, with expenses exceeding revenue.
Frequently Asked Questions about American Carpet One Foundation
Is American Carpet One Foundation a legitimate charity?
American Carpet One Foundation (EIN: 711009218) is a registered tax-exempt nonprofit based in Hawaii. It has 11 years of IRS 990 filings on record. Total revenue: $613K. No red flags identified. Financial health grade: B.
How does American Carpet One Foundation spend its money?
American Carpet One Foundation reported $613K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to American Carpet One Foundation tax-deductible?
American Carpet One Foundation is registered as a tax-exempt nonprofit (EIN: 711009218). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is American Carpet One Foundation located?
American Carpet One Foundation is headquartered in Aiea, Hawaii and files with the IRS under EIN 711009218. It is classified under NTEE code T22.
How many years of IRS 990 filings does American Carpet One Foundation have?
American Carpet One Foundation has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $613K in total revenue.
Filing History
IRS 990 filing history for American Carpet One Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), American Carpet One Foundation's revenue has grown by 159.7%, moving from $44K to $113K. Total assets increased by 197.9% over the same period, from $431K to $1.3M. Total functional expenses rose by 358.2%, from $34K to $156K. In its most recent filing year (2023), American Carpet One Foundation reported a deficit of $42K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $113K | $156K | $1.3M | $-1,952 | — | — |
| 2022 | $158K | $107K | $1.3M | $-55 | — | View 990 |
| 2021 | $171K | $99K | $1.3M | $1K | — | — |
| 2020 | $9K | $60K | $1.2M | $-184 | — | — |
| 2019 | $73K | $86K | $1.3M | $-246 | — | View 990 |
| 2016 | $381K | $57K | $896K | $2K | — | View 990 |
| 2015 | $114K | $50K | $571K | $107 | — | View 990 |
| 2014 | $98K | $52K | $508K | $184 | — | View 990 |
| 2013 | $52K | $43K | $462K | $71 | — | View 990 |
| 2012 | $60K | $37K | $453K | $149 | — | View 990 |
| 2011 | $44K | $34K | $431K | $221 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $113K, expenses of $156K, and assets of $1.3M (revenue -28.1% year-over-year).
- 2022: Revenue of $158K, expenses of $107K, and assets of $1.3M (revenue -7.9% year-over-year).
- 2021: Revenue of $171K, expenses of $99K, and assets of $1.3M (revenue +1821.3% year-over-year).
- 2020: Revenue of $9K, expenses of $60K, and assets of $1.2M (revenue -87.8% year-over-year).
- 2019: Revenue of $73K, expenses of $86K, and assets of $1.3M (revenue -80.8% year-over-year).
- 2016: Revenue of $381K, expenses of $57K, and assets of $896K (revenue +235.5% year-over-year).
- 2015: Revenue of $114K, expenses of $50K, and assets of $571K (revenue +16.1% year-over-year).
- 2014: Revenue of $98K, expenses of $52K, and assets of $508K (revenue +89.5% year-over-year).
- 2013: Revenue of $52K, expenses of $43K, and assets of $462K (revenue -14.0% year-over-year).
- 2012: Revenue of $60K, expenses of $37K, and assets of $453K (revenue +37.6% year-over-year).
- 2011: Revenue of $44K, expenses of $34K, and assets of $431K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Carpet One Foundation:
Data Sources and Methodology
This transparency report for American Carpet One 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.