Bit Holdings Five Inc
EIN: 521876489 · Las Vegas, NV
Is Bit Holdings Five Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bit Holdings Five Inc
Bit Holdings Five Inc (EIN: 521876489) is a nonprofit organization based in Las Vegas, NV. The organization reported total revenue of $0 and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bit Holdings Five Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bit Holdings Five Inc is a micro nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -100.0% | — |
| 2022 | +2193.7% | -95.8% | -100.0% |
| 2021 | -16.8% | +-0.0% | +3.3% |
| 2020 | -6.5% | -93.9% | +6.2% |
| 2019 | +19.2% | +0.0% | -2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bit Holdings Five 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 Bit Holdings Five 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:
Frequently Asked Questions about Bit Holdings Five Inc
Is Bit Holdings Five Inc a legitimate charity?
Bit Holdings Five Inc (EIN: 521876489) is a registered tax-exempt nonprofit based in Nevada. It has 13 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Bit Holdings Five Inc spend its money?
Bit Holdings Five Inc reported its financials in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bit Holdings Five Inc tax-deductible?
Bit Holdings Five Inc is registered as a tax-exempt nonprofit (EIN: 521876489). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bit Holdings Five Inc located?
Bit Holdings Five Inc is headquartered in Las Vegas, Nevada and files with the IRS under EIN 521876489.
How many years of IRS 990 filings does Bit Holdings Five Inc have?
Bit Holdings Five Inc has 13 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 Bit Holdings Five Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bit Holdings Five Inc's revenue has declined by 100%, moving from $2.8M to $0. Total assets decreased by 100% over the same period, from $13.1M to $1. Total functional expenses fell by 100%, from $291K to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $0 | $1 | $0 | — | — |
| 2022 | $66.6M | $737 | $0 | $0 | — | — |
| 2021 | $2.9M | $18K | $18.7M | $0 | — | View 990 |
| 2020 | $3.5M | $18K | $18.1M | $0 | — | — |
| 2019 | $3.7M | $291K | $17.1M | $0 | — | — |
| 2018 | $3.1M | $291K | $17.5M | $0 | — | View 990 |
| 2017 | $-4,497,005 | $291K | $16.5M | $0 | — | View 990 |
| 2016 | $3.1M | $291K | $15.5M | $0 | — | View 990 |
| 2015 | $2.9M | $291K | $14.8M | $0 | — | View 990 |
| 2014 | $2.9M | $291K | $14.2M | $0 | — | View 990 |
| 2013 | $2.8M | $291K | $14.6M | $0 | — | View 990 |
| 2012 | $2.5M | $291K | $13.9M | $0 | — | View 990 |
| 2011 | $2.8M | $291K | $13.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2022: Revenue of $66.6M, expenses of $737, and assets of $0 (revenue +2193.7% year-over-year).
- 2021: Revenue of $2.9M, expenses of $18K, and assets of $18.7M (revenue -16.8% year-over-year).
- 2020: Revenue of $3.5M, expenses of $18K, and assets of $18.1M (revenue -6.5% year-over-year).
- 2019: Revenue of $3.7M, expenses of $291K, and assets of $17.1M (revenue +19.2% year-over-year).
- 2018: Revenue of $3.1M, expenses of $291K, and assets of $17.5M.
- 2017: Revenue of $-4,497,005, expenses of $291K, and assets of $16.5M (revenue -247.1% year-over-year).
- 2016: Revenue of $3.1M, expenses of $291K, and assets of $15.5M (revenue +4.9% year-over-year).
- 2015: Revenue of $2.9M, expenses of $291K, and assets of $14.8M (revenue +0.3% year-over-year).
- 2014: Revenue of $2.9M, expenses of $291K, and assets of $14.2M (revenue +3.5% year-over-year).
- 2013: Revenue of $2.8M, expenses of $291K, and assets of $14.6M (revenue +10.3% year-over-year).
- 2012: Revenue of $2.5M, expenses of $291K, and assets of $13.9M (revenue -10.4% year-over-year).
- 2011: Revenue of $2.8M, expenses of $291K, and assets of $13.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bit Holdings Five Inc:
Data Sources and Methodology
This transparency report for Bit Holdings Five 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.