Best Is Ahead Foundation Inc
EIN: 883207201 · Ashton, MD · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.8M |
| Net Assets | $10K |
Is Best Is Ahead Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Best Is Ahead Foundation Inc
Best Is Ahead Foundation Inc (EIN: 883207201) is a nonprofit organization based in Ashton, MD, classified under NTEE code O50. The organization reported total revenue of $1.3M and total assets of $235K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Best Is Ahead Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Best Is Ahead Foundation Inc is a mid-size nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 317.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-146,115 |
| Total Assets | $11K |
| Total Liabilities | $2K |
| Net Assets | $10K |
| Operating Margin | -8.9% |
| Debt-to-Asset Ratio | 14.4% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2023, Best Is Ahead Foundation Inc reported a deficit of $146K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 14.4% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Best Is Ahead Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 317.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +317.0% | +652.8% | -93.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Best Is Ahead Foundation 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 Best Is Ahead Foundation 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 deficit of $146K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.4%.
Frequently Asked Questions about Best Is Ahead Foundation Inc
Is Best Is Ahead Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Best Is Ahead Foundation Inc (EIN: 883207201) insufficient data. 0 red flags identified, 0 strengths noted.
How does Best Is Ahead Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Best Is Ahead Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Best Is Ahead Foundation Inc tax-deductible?
Best Is Ahead Foundation Inc is registered as a tax-exempt nonprofit (EIN: 883207201). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Best Is Ahead Foundation Inc located?
Best Is Ahead Foundation Inc is headquartered in Ashton, Maryland and files with the IRS under EIN 883207201. It is classified under NTEE code O50.
How many years of IRS 990 filings does Best Is Ahead Foundation Inc have?
Best Is Ahead Foundation Inc has 2 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Best Is Ahead Foundation Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Best Is Ahead Foundation Inc's revenue has grown by 317%, moving from $393K to $1.6M. Total assets decreased by 93.2% over the same period, from $166K to $11K. Total functional expenses rose by 652.8%, from $237K to $1.8M. In its most recent filing year (2023), Best Is Ahead Foundation Inc reported a deficit of $146K, with expenses exceeding revenue. The organization holds $2K in liabilities against $11K in assets (debt-to-asset ratio: 14.4%), resulting in net assets of $10K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.8M | $11K | $2K | — | — |
| 2022 | $393K | $237K | $166K | $10K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Best Is Ahead Foundation Inc:
Data Sources and Methodology
This transparency report for Best Is Ahead Foundation 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.