Books For Pinoys Foundation
EIN: 871616616 · Warwick, RI · NTEE: B70
| Metric | Value |
|---|---|
| Total Expenses | $17K |
| Net Assets | $-9,693 |
Is Books For Pinoys Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Books For Pinoys Foundation
Books For Pinoys Foundation (EIN: 871616616) is a nonprofit organization based in Warwick, RI, classified under NTEE code B70. 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 Books For Pinoys Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Books For Pinoys Foundation is a micro nonprofit that has been operating for 5 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of 51.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $7K |
| Total Expenses | $17K |
| Surplus / Deficit | $-10,414 |
| Total Assets | $6K |
| Total Liabilities | $16K |
| Net Assets | $-9,693 |
| Operating Margin | -154.1% |
| Debt-to-Asset Ratio | 253.8% |
| Months of Reserves | 4.4 months |
Financial Health Grade: C
In 2022, Books For Pinoys Foundation reported a deficit of $10K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 253.8% (high leverage).
Financial Trends
Over 2 years of filings (2021–2022), Books For Pinoys Foundation's revenue has grown at a compound annual growth rate (CAGR) of 51.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +51.5% | +359.4% | +774.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Books For Pinoys Foundation 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 Books For Pinoys Foundation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 253.8%.
Frequently Asked Questions about Books For Pinoys Foundation
Is Books For Pinoys Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Books For Pinoys Foundation (EIN: 871616616) insufficient data. 0 red flags identified, 0 strengths noted.
How does Books For Pinoys Foundation spend its money?
Detailed spending breakdown data is not yet available for Books For Pinoys Foundation. Check back for updated IRS 990 analysis.
Are donations to Books For Pinoys Foundation tax-deductible?
Books For Pinoys Foundation is registered as a tax-exempt nonprofit (EIN: 871616616). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Books For Pinoys Foundation located?
Books For Pinoys Foundation is headquartered in Warwick, Rhode Island and files with the IRS under EIN 871616616. It is classified under NTEE code B70.
How many years of IRS 990 filings does Books For Pinoys Foundation have?
Books For Pinoys Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Books For Pinoys Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Books For Pinoys Foundation's revenue has grown by 51.5%, moving from $4K to $7K. Total assets increased by 774.1% over the same period, from $721 to $6K. Total functional expenses rose by 359.4%, from $4K to $17K. In its most recent filing year (2022), Books For Pinoys Foundation reported a deficit of $10K, with expenses exceeding revenue. The organization holds $16K in liabilities against $6K in assets (debt-to-asset ratio: 253.8%), resulting in net assets of $-9,693.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $7K | $17K | $6K | $16K | — | View 990 |
| 2021 | $4K | $4K | $721 | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Books For Pinoys Foundation:
Data Sources and Methodology
This transparency report for Books For Pinoys Foundation 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.