Backpack Brigade
EIN: 474086877 · Seattle, WA · NTEE: K30
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.2M |
| Net Assets | $491K |
Is Backpack Brigade Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Backpack Brigade
Backpack Brigade (EIN: 474086877) is a nonprofit organization based in Seattle, WA, classified under NTEE code K30. The organization reported total revenue of $1.8M and total assets of $969K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Backpack Brigade's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Backpack Brigade is a mid-size nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 44.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-87,173 |
| Total Assets | $714K |
| Total Liabilities | $223K |
| Net Assets | $491K |
| Operating Margin | -7.7% |
| Debt-to-Asset Ratio | 31.2% |
| Months of Reserves | 7.0 months |
Financial Health Grade: B
In 2023, Backpack Brigade reported a deficit of $87K with expenses exceeding revenue, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 31.2% (moderate leverage).
Financial Trends
Over 7 years of filings (2017–2023), Backpack Brigade's revenue has grown at a compound annual growth rate (CAGR) of 44.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.6% | +29.0% | -20.6% |
| 2022 | +73.3% | +107.9% | +68.2% |
| 2021 | -26.0% | -13.6% | +78.1% |
| 2020 | +262.8% | +195.4% | +566.8% |
| 2019 | +36.1% | +1.4% | +389.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Backpack Brigade 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 Backpack Brigade 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 $87K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.2%.
Frequently Asked Questions about Backpack Brigade
Is Backpack Brigade a legitimate charity?
Backpack Brigade (EIN: 474086877) is a registered tax-exempt nonprofit based in Washington. It has 7 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: B.
How does Backpack Brigade spend its money?
Backpack Brigade reported $1.8M in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Backpack Brigade tax-deductible?
Backpack Brigade is registered as a tax-exempt nonprofit (EIN: 474086877). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Backpack Brigade located?
Backpack Brigade is headquartered in Seattle, Washington and files with the IRS under EIN 474086877. It is classified under NTEE code K30.
How many years of IRS 990 filings does Backpack Brigade have?
Backpack Brigade has 7 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Backpack Brigade showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Backpack Brigade's revenue has grown by 790.9%, moving from $127K to $1.1M. Total assets increased by 2469.4% over the same period, from $28K to $714K. Total functional expenses rose by 860.4%, from $127K to $1.2M. In its most recent filing year (2023), Backpack Brigade reported a deficit of $87K, with expenses exceeding revenue. The organization holds $223K in liabilities against $714K in assets (debt-to-asset ratio: 31.2%), resulting in net assets of $491K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.2M | $714K | $223K | — | — |
| 2022 | $996K | $945K | $900K | $322K | — | View 990 |
| 2021 | $575K | $455K | $535K | $8K | — | View 990 |
| 2020 | $776K | $526K | $300K | $6K | — | View 990 |
| 2019 | $214K | $178K | $45K | $556 | — | View 990 |
| 2018 | $157K | $176K | $9K | $509 | — | View 990 |
| 2017 | $127K | $127K | $28K | $642 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.2M, and assets of $714K (revenue +13.6% year-over-year).
- 2022: Revenue of $996K, expenses of $945K, and assets of $900K (revenue +73.3% year-over-year).
- 2021: Revenue of $575K, expenses of $455K, and assets of $535K (revenue -26.0% year-over-year).
- 2020: Revenue of $776K, expenses of $526K, and assets of $300K (revenue +262.8% year-over-year).
- 2019: Revenue of $214K, expenses of $178K, and assets of $45K (revenue +36.1% year-over-year).
- 2018: Revenue of $157K, expenses of $176K, and assets of $9K (revenue +23.8% year-over-year).
- 2017: Revenue of $127K, expenses of $127K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Backpack Brigade:
Data Sources and Methodology
This transparency report for Backpack Brigade 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.