Axel Adams Foundation Inc
EIN: 464771513 · New Ellenton, SC · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $61K |
| Total Expenses | $4K |
| Net Assets | $4K |
Is Axel Adams Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Axel Adams Foundation Inc
Axel Adams Foundation Inc (EIN: 464771513) is a nonprofit organization based in New Ellenton, SC, classified under NTEE code B82. The organization reported total revenue of $61K and total assets of $12K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Axel Adams Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Axel Adams Foundation Inc is a micro nonprofit that has been operating for 8 years.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Axel Adams Foundation Inc 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 Axel Adams Foundation Inc 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:
- Debt-to-asset ratio: 49.8%.
Frequently Asked Questions about Axel Adams Foundation Inc
Is Axel Adams Foundation Inc a legitimate charity?
Axel Adams Foundation Inc (EIN: 464771513) is a registered tax-exempt nonprofit based in South Carolina. Total revenue: $61K. No red flags identified. Financial health grade: B.
How does Axel Adams Foundation Inc spend its money?
Axel Adams Foundation Inc reported $61K in total revenue in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Axel Adams Foundation Inc tax-deductible?
Axel Adams Foundation Inc is registered as a tax-exempt nonprofit (EIN: 464771513). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Axel Adams Foundation Inc located?
Axel Adams Foundation Inc is headquartered in New Ellenton, South Carolina and files with the IRS under EIN 464771513. It is classified under NTEE code B82.
Filing History
IRS 990 filing history for Axel Adams Foundation Inc showing financial trends over 1 year of public records:
The organization holds $4K in liabilities against $8K in assets (debt-to-asset ratio: 49.8%), resulting in net assets of $4K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $4K | $8K | $4K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Axel Adams Foundation Inc:
Data Sources and Methodology
This transparency report for Axel Adams Foundation Inc 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.