Babies Need Bottoms Inc
EIN: 823574436 · Asheville, NC · NTEE: P99
About Babies Need Bottoms Inc
Babies Need Bottoms Inc (EIN: 823574436) is a nonprofit organization based in Asheville, NC, classified under NTEE code P99. The organization reported total revenue of $2.2M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Babies Need Bottoms Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Babies Need Bottoms 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 Babies Need Bottoms 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.
Filing History
IRS 990 filing history for Babies Need Bottoms Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Babies Need Bottoms Inc's revenue has grown by 1367%, moving from $37K to $540K. Total assets increased by 1369.8% over the same period, from $25K to $366K. Total functional expenses rose by 3364%, from $13K to $436K. In its most recent filing year (2023), Babies Need Bottoms Inc reported a surplus of $104K, with revenue exceeding expenses. The organization holds $2K in liabilities against $366K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $365K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $540K | $436K | $366K | $2K | — | View 990 |
| 2022 | $365K | $217K | $285K | $5K | — | View 990 |
| 2021 | $204K | $123K | $134K | $620 | — | View 990 |
| 2020 | $1.0M | $991K | $55K | $3K | — | View 990 |
| 2019 | $37K | $13K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $540K, expenses of $436K, and assets of $366K (revenue +48.0% year-over-year).
- 2022: Revenue of $365K, expenses of $217K, and assets of $285K (revenue +79.0% year-over-year).
- 2021: Revenue of $204K, expenses of $123K, and assets of $134K (revenue -80.0% year-over-year).
- 2020: Revenue of $1.0M, expenses of $991K, and assets of $55K (revenue +2665.6% year-over-year).
- 2019: Revenue of $37K, expenses of $13K, and assets of $25K.
Data Sources and Methodology
This transparency report for Babies Need Bottoms 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.