Beginnings Group Foster Home Inc
EIN: 391261993 · Janesville, WI
| Metric | Value |
|---|---|
| Total Expenses | $418K |
| Net Assets | $86K |
Is Beginnings Group Foster Home Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Beginnings Group Foster Home Inc
Beginnings Group Foster Home Inc (EIN: 391261993) is a nonprofit organization based in Janesville, WI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beginnings Group Foster Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beginnings Group Foster Home Inc is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $444K |
| Total Expenses | $418K |
| Surplus / Deficit | +$26K |
| Total Assets | $117K |
| Total Liabilities | $31K |
| Net Assets | $86K |
| Operating Margin | 5.8% |
| Debt-to-Asset Ratio | 26.8% |
| Months of Reserves | 3.4 months |
Financial Health Grade: A
In 2016, Beginnings Group Foster Home Inc reported a surplus of $26K with revenue exceeding expenses, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 26.8% (moderate leverage).
Financial Trends
Over 6 years of filings (2011–2016), Beginnings Group Foster Home Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +15.2% | +8.1% | +40.1% |
| 2015 | +11.5% | +3.1% | -5.6% |
| 2014 | -16.6% | -6.9% | -30.2% |
| 2013 | +28.3% | +9.4% | +33.9% |
| 2012 | -24.5% | -13.7% | -63.5% |
AI Analysis Pending
AI enrichment for Beginnings Group Foster Home 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 Beginnings Group Foster Home 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.8%.
Frequently Asked Questions about Beginnings Group Foster Home Inc
Is Beginnings Group Foster Home Inc a legitimate charity?
Beginnings Group Foster Home Inc (EIN: 391261993) is a registered tax-exempt nonprofit based in Wisconsin. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Beginnings Group Foster Home Inc spend its money?
Beginnings Group Foster Home Inc reported its financials in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Beginnings Group Foster Home Inc tax-deductible?
Beginnings Group Foster Home Inc is registered as a tax-exempt nonprofit (EIN: 391261993). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Beginnings Group Foster Home Inc located?
Beginnings Group Foster Home Inc is headquartered in Janesville, Wisconsin and files with the IRS under EIN 391261993.
How many years of IRS 990 filings does Beginnings Group Foster Home Inc have?
Beginnings Group Foster Home Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Beginnings Group Foster Home Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Beginnings Group Foster Home Inc's revenue has grown by 3.7%, moving from $428K to $444K. Total assets decreased by 54.9% over the same period, from $259K to $117K. Total functional expenses fell by 1.9%, from $427K to $418K. In its most recent filing year (2016), Beginnings Group Foster Home Inc reported a surplus of $26K, with revenue exceeding expenses. The organization holds $31K in liabilities against $117K in assets (debt-to-asset ratio: 26.8%), resulting in net assets of $86K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $444K | $418K | $117K | $31K | — | — |
| 2015 | $385K | $387K | $84K | $23K | — | View 990 |
| 2014 | $346K | $375K | $89K | $27K | — | View 990 |
| 2013 | $414K | $403K | $127K | $36K | — | View 990 |
| 2012 | $323K | $368K | $95K | $15K | — | View 990 |
| 2011 | $428K | $427K | $259K | $135K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $444K, expenses of $418K, and assets of $117K (revenue +15.2% year-over-year).
- 2015: Revenue of $385K, expenses of $387K, and assets of $84K (revenue +11.5% year-over-year).
- 2014: Revenue of $346K, expenses of $375K, and assets of $89K (revenue -16.6% year-over-year).
- 2013: Revenue of $414K, expenses of $403K, and assets of $127K (revenue +28.3% year-over-year).
- 2012: Revenue of $323K, expenses of $368K, and assets of $95K (revenue -24.5% year-over-year).
- 2011: Revenue of $428K, expenses of $427K, and assets of $259K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beginnings Group Foster Home Inc:
Data Sources and Methodology
This transparency report for Beginnings Group Foster Home 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.