Bargain Bonanza Inc
EIN: 263185231 · Clinton, IA · NTEE: P29
| Metric | Value |
|---|---|
| Total Revenue | $504K |
| Total Expenses | $452K |
| Net Assets | $268K |
Is Bargain Bonanza Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bargain Bonanza Inc
Bargain Bonanza Inc (EIN: 263185231) is a nonprofit organization based in Clinton, IA, classified under NTEE code P29. The organization reported total revenue of $504K and total assets of $268K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bargain Bonanza Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bargain Bonanza Inc is a small nonprofit that has been operating for 17 years, with 16 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of 19.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $514K |
| Total Expenses | $452K |
| Surplus / Deficit | +$63K |
| Total Assets | $270K |
| Total Liabilities | $2K |
| Net Assets | $268K |
| Operating Margin | 12.2% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 7.2 months |
Financial Health Grade: A
In 2023, Bargain Bonanza Inc reported a surplus of $63K with revenue exceeding expenses, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 16 years of filings (2008–2023), Bargain Bonanza Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.5% | +8.2% | +30.0% |
| 2022 | +5.3% | +0.3% | +13.9% |
| 2021 | +19.0% | +35.5% | +1.4% |
| 2020 | +13.2% | +4.7% | +32.4% |
| 2019 | +2.4% | -0.9% | +15.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bargain Bonanza 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 Bargain Bonanza 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:
- The organization reported a surplus of $63K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Bargain Bonanza Inc
Is Bargain Bonanza Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bargain Bonanza Inc (EIN: 263185231) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bargain Bonanza Inc spend its money?
Detailed spending breakdown data is not yet available for Bargain Bonanza Inc. Check back for updated IRS 990 analysis.
Are donations to Bargain Bonanza Inc tax-deductible?
Bargain Bonanza Inc is registered as a tax-exempt nonprofit (EIN: 263185231). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bargain Bonanza Inc located?
Bargain Bonanza Inc is headquartered in Clinton, Iowa and files with the IRS under EIN 263185231. It is classified under NTEE code P29.
How many years of IRS 990 filings does Bargain Bonanza Inc have?
Bargain Bonanza Inc has 16 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 $504K in total revenue.
Filing History
IRS 990 filing history for Bargain Bonanza Inc showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2008–2023), Bargain Bonanza Inc's revenue has grown by 1303.1%, moving from $37K to $514K. Total assets increased by 1552.1% over the same period, from $16K to $270K. Total functional expenses rose by 1757.1%, from $24K to $452K. In its most recent filing year (2023), Bargain Bonanza Inc reported a surplus of $63K, with revenue exceeding expenses. The organization holds $2K in liabilities against $270K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $268K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $514K | $452K | $270K | $2K | — | — |
| 2022 | $441K | $417K | $208K | $2K | — | View 990 |
| 2021 | $419K | $416K | $182K | $762 | — | View 990 |
| 2020 | $352K | $307K | $180K | $1K | — | View 990 |
| 2019 | $311K | $293K | $136K | $2K | — | View 990 |
| 2018 | $304K | $296K | $117K | $2K | — | View 990 |
| 2017 | $328K | $334K | $110K | $3K | — | View 990 |
| 2016 | $327K | $288K | $116K | $3K | — | View 990 |
| 2015 | $303K | $289K | $76K | $2K | — | View 990 |
| 2014 | $297K | $261K | $65K | $1K | — | View 990 |
| 2013 | $270K | $271K | $29K | $1K | — | View 990 |
| 2012 | $271K | $279K | $30K | $1K | — | View 990 |
| 2011 | $262K | $245K | $37K | $681 | — | View 990 |
| 2010 | $201K | $198K | $23K | $4K | — | View 990 |
| 2009 | $201K | $198K | $20K | $4K | — | View 990 |
| 2008 | $37K | $24K | $16K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $514K, expenses of $452K, and assets of $270K (revenue +16.5% year-over-year).
- 2022: Revenue of $441K, expenses of $417K, and assets of $208K (revenue +5.3% year-over-year).
- 2021: Revenue of $419K, expenses of $416K, and assets of $182K (revenue +19.0% year-over-year).
- 2020: Revenue of $352K, expenses of $307K, and assets of $180K (revenue +13.2% year-over-year).
- 2019: Revenue of $311K, expenses of $293K, and assets of $136K (revenue +2.4% year-over-year).
- 2018: Revenue of $304K, expenses of $296K, and assets of $117K (revenue -7.4% year-over-year).
- 2017: Revenue of $328K, expenses of $334K, and assets of $110K (revenue +0.5% year-over-year).
- 2016: Revenue of $327K, expenses of $288K, and assets of $116K (revenue +8.0% year-over-year).
- 2015: Revenue of $303K, expenses of $289K, and assets of $76K (revenue +2.0% year-over-year).
- 2014: Revenue of $297K, expenses of $261K, and assets of $65K (revenue +9.9% year-over-year).
- 2013: Revenue of $270K, expenses of $271K, and assets of $29K (revenue -0.4% year-over-year).
- 2012: Revenue of $271K, expenses of $279K, and assets of $30K (revenue +3.5% year-over-year).
- 2011: Revenue of $262K, expenses of $245K, and assets of $37K (revenue +30.1% year-over-year).
- 2010: Revenue of $201K, expenses of $198K, and assets of $23K (revenue +-0.0% year-over-year).
- 2009: Revenue of $201K, expenses of $198K, and assets of $20K (revenue +449.4% year-over-year).
- 2008: Revenue of $37K, expenses of $24K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bargain Bonanza Inc:
Data Sources and Methodology
This transparency report for Bargain Bonanza 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.