Blits Worldwide
EIN: 237371271 · Goldston, NC · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $265K |
| Total Expenses | $957 |
| Net Assets | $16K |
Is Blits Worldwide Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Blits Worldwide
Blits Worldwide (EIN: 237371271) is a nonprofit organization based in Goldston, NC, classified under NTEE code X20. The organization reported total revenue of $265K and total assets of $545 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blits Worldwide's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blits Worldwide is a small nonprofit that has been operating for 13 years, with 4 years of IRS 990 filings on record (2013–2016). Revenue has grown at a compound annual rate of -68.7%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $957 |
| Surplus / Deficit | +$3K |
| Total Assets | $16K |
| Net Assets | $16K |
| Operating Margin | 75.4% |
| Months of Reserves | 194.9 months |
Financial Health Grade: A
In 2016, Blits Worldwide reported a surplus of $3K with revenue exceeding expenses, holds 194.9 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2013–2016), Blits Worldwide's revenue has declined at a compound annual growth rate (CAGR) of -68.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -96.3% | -99.1% | +23.3% |
| 2015 | -41.6% | -34.5% | -21.0% |
| 2014 | +43.0% | +28.9% | +1089.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Blits Worldwide 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 Blits Worldwide 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 $3K, with revenue exceeding expenses.
Frequently Asked Questions about Blits Worldwide
Is Blits Worldwide a legitimate charity?
Blits Worldwide (EIN: 237371271) is a registered tax-exempt nonprofit based in North Carolina. It has 4 years of IRS 990 filings on record. Total revenue: $265K. No red flags identified. Financial health grade: A.
How does Blits Worldwide spend its money?
Blits Worldwide reported $265K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Blits Worldwide tax-deductible?
Blits Worldwide is registered as a tax-exempt nonprofit (EIN: 237371271). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Blits Worldwide located?
Blits Worldwide is headquartered in Goldston, North Carolina and files with the IRS under EIN 237371271. It is classified under NTEE code X20.
How many years of IRS 990 filings does Blits Worldwide have?
Blits Worldwide 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 $265K in total revenue.
Filing History
IRS 990 filing history for Blits Worldwide showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2013–2016), Blits Worldwide's revenue has declined by 96.9%, moving from $127K to $4K. Total assets increased by 1058% over the same period, from $1K to $16K. Total functional expenses fell by 99.3%, from $130K to $957. In its most recent filing year (2016), Blits Worldwide reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $4K | $957 | $16K | $0 | — | View 990 |
| 2015 | $106K | $110K | $13K | $0 | — | View 990 |
| 2014 | $182K | $167K | $16K | $0 | — | View 990 |
| 2013 | $127K | $130K | $1K | $-36 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $4K, expenses of $957, and assets of $16K (revenue -96.3% year-over-year).
- 2015: Revenue of $106K, expenses of $110K, and assets of $13K (revenue -41.6% year-over-year).
- 2014: Revenue of $182K, expenses of $167K, and assets of $16K (revenue +43.0% year-over-year).
- 2013: Revenue of $127K, expenses of $130K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blits Worldwide:
Data Sources and Methodology
This transparency report for Blits Worldwide 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.