Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing
EIN: 581727548 · Raleigh, NC · NTEE: G42Z
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.6M |
| Net Assets | $-19,348 |
Is Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing
Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing (EIN: 581727548) is a nonprofit organization based in Raleigh, NC, classified under NTEE code G42Z. The organization reported total revenue of $1.8M and total assets of $530K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing is a mid-size nonprofit that has been operating for 39 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-7,111 |
| Total Assets | $706K |
| Total Liabilities | $725K |
| Net Assets | $-19,348 |
| Operating Margin | -0.4% |
| Debt-to-Asset Ratio | 102.7% |
| Months of Reserves | 5.2 months |
Financial Health Grade: C
In 2024, Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing reported a deficit of $7K with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 102.7% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +13.2% | +15.7% | +137.7% |
| 2023 | +7.6% | +6.3% | +323.5% |
| 2022 | +28.7% | +24.4% | -74.5% |
| 2021 | +0.9% | -5.2% | +139.3% |
| 2020 | -23.5% | -9.2% | -44.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing 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 Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 102.7%.
Frequently Asked Questions about Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing
Is Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing a legitimate charity?
Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing (EIN: 581727548) is a registered tax-exempt nonprofit based in North Carolina. It has 14 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: C.
How does Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing spend its money?
Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing reported $1.8M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing tax-deductible?
Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing is registered as a tax-exempt nonprofit (EIN: 581727548). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing located?
Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing is headquartered in Raleigh, North Carolina and files with the IRS under EIN 581727548. It is classified under NTEE code G42Z.
How many years of IRS 990 filings does Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing have?
Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing has 14 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 Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing's revenue has grown by 64.6%, moving from $989K to $1.6M. Total assets increased by 406.3% over the same period, from $139K to $706K. Total functional expenses rose by 63.8%, from $999K to $1.6M. In its most recent filing year (2024), Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing reported a deficit of $7K, with expenses exceeding revenue. The organization holds $725K in liabilities against $706K in assets (debt-to-asset ratio: 102.7%), resulting in net assets of $-19,348.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.6M | $1.6M | $706K | $725K | — | — |
| 2023 | $1.4M | $1.4M | $297K | $309K | — | View 990 |
| 2022 | $1.3M | $1.3M | $70K | $108K | — | View 990 |
| 2021 | $1.0M | $1.1M | $275K | $320K | — | View 990 |
| 2020 | $1.0M | $1.1M | $115K | $60K | — | View 990 |
| 2019 | $1.3M | $1.2M | $207K | $55K | — | View 990 |
| 2018 | $1.1M | $1.1M | $85K | $38K | — | — |
| 2017 | $1.1M | $1.1M | $136K | $52K | — | View 990 |
| 2016 | $1.1M | $989K | $167K | $50K | — | View 990 |
| 2015 | $998K | $980K | $59K | $50K | — | View 990 |
| 2014 | $1.0M | $1.1M | $53K | $62K | — | View 990 |
| 2013 | $996K | $1.0M | $100K | $75K | — | View 990 |
| 2012 | $1.0M | $1.0M | $122K | $63K | — | View 990 |
| 2011 | $989K | $999K | $139K | $86K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.6M, expenses of $1.6M, and assets of $706K (revenue +13.2% year-over-year).
- 2023: Revenue of $1.4M, expenses of $1.4M, and assets of $297K (revenue +7.6% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $70K (revenue +28.7% year-over-year).
- 2021: Revenue of $1.0M, expenses of $1.1M, and assets of $275K (revenue +0.9% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.1M, and assets of $115K (revenue -23.5% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.2M, and assets of $207K (revenue +27.3% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $85K (revenue -2.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $136K (revenue -1.4% year-over-year).
- 2016: Revenue of $1.1M, expenses of $989K, and assets of $167K (revenue +10.1% year-over-year).
- 2015: Revenue of $998K, expenses of $980K, and assets of $59K (revenue -4.5% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.1M, and assets of $53K (revenue +4.8% year-over-year).
- 2013: Revenue of $996K, expenses of $1.0M, and assets of $100K (revenue -1.5% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.0M, and assets of $122K (revenue +2.2% year-over-year).
- 2011: Revenue of $989K, expenses of $999K, and assets of $139K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing:
Data Sources and Methodology
This transparency report for Beginnings For Parents Of Children Who Are Deaf Or Hard Of Hearing 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.