Beginning Futures 2
EIN: 844952085 · Saint Louis, MO · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.3M |
| Net Assets | $-352,648 |
Is Beginning Futures 2 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Beginning Futures 2
Beginning Futures 2 (EIN: 844952085) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code P33. The organization reported total revenue of $1.7M and total assets of $336K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beginning Futures 2's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beginning Futures 2 is a mid-size nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 238.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-152,361 |
| Total Assets | $82K |
| Total Liabilities | $434K |
| Net Assets | $-352,648 |
| Operating Margin | -13.1% |
| Debt-to-Asset Ratio | 530.9% |
| Months of Reserves | 0.7 months |
Financial Health Grade: D
In 2023, Beginning Futures 2 reported a deficit of $152K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 530.9% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Beginning Futures 2's revenue has grown at a compound annual growth rate (CAGR) of 238.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +355.2% | +137.9% | -61.7% |
| 2022 | +60.3% | +518.3% | +117.6% |
| 2021 | +432.4% | +284.3% | +261.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 5000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Beginning Futures 2 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 Beginning Futures 2 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 $152K, with expenses exceeding revenue.
- Debt-to-asset ratio: 530.9%.
Frequently Asked Questions about Beginning Futures 2
Is Beginning Futures 2 a legitimate charity?
Based on AI analysis of IRS 990 filings, Beginning Futures 2 (EIN: 844952085) insufficient data. 0 red flags identified, 0 strengths noted.
How does Beginning Futures 2 spend its money?
Detailed spending breakdown data is not yet available for Beginning Futures 2. Check back for updated IRS 990 analysis.
Are donations to Beginning Futures 2 tax-deductible?
Beginning Futures 2 is registered as a tax-exempt nonprofit (EIN: 844952085). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Beginning Futures 2 located?
Beginning Futures 2 is headquartered in Saint Louis, Missouri and files with the IRS under EIN 844952085. It is classified under NTEE code P33.
How many years of IRS 990 filings does Beginning Futures 2 have?
Beginning Futures 2 has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.7M in total revenue.
Filing History
IRS 990 filing history for Beginning Futures 2 showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Beginning Futures 2's revenue has grown by 3783.5%, moving from $30K to $1.2M. Total assets increased by 200.9% over the same period, from $27K to $82K. Total functional expenses rose by 5553.4%, from $23K to $1.3M. In its most recent filing year (2023), Beginning Futures 2 reported a deficit of $152K, with expenses exceeding revenue. The organization holds $434K in liabilities against $82K in assets (debt-to-asset ratio: 530.9%), resulting in net assets of $-352,648.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.3M | $82K | $434K | — | — |
| 2022 | $256K | $554K | $214K | $414K | — | View 990 |
| 2021 | $160K | $90K | $98K | $21K | — | View 990 |
| 2020 | $30K | $23K | $27K | $21K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $82K (revenue +355.2% year-over-year).
- 2022: Revenue of $256K, expenses of $554K, and assets of $214K (revenue +60.3% year-over-year).
- 2021: Revenue of $160K, expenses of $90K, and assets of $98K (revenue +432.4% year-over-year).
- 2020: Revenue of $30K, expenses of $23K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beginning Futures 2:
Data Sources and Methodology
This transparency report for Beginning Futures 2 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.