Breadcoin Foundation Ltd
EIN: 823636054 · Washington, DC · NTEE: K30
| Metric | Value |
|---|---|
| Total Revenue | $853K |
| Total Expenses | $574K |
| Net Assets | $322K |
Is Breadcoin Foundation Ltd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Breadcoin Foundation Ltd
Breadcoin Foundation Ltd (EIN: 823636054) is a nonprofit organization based in Washington, DC, classified under NTEE code K30. The organization reported total revenue of $853K and total assets of $650K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Breadcoin Foundation Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Breadcoin Foundation Ltd is a small nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 119.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $565K |
| Total Expenses | $574K |
| Surplus / Deficit | $-8,986 |
| Total Assets | $502K |
| Total Liabilities | $180K |
| Net Assets | $322K |
| Operating Margin | -1.6% |
| Debt-to-Asset Ratio | 35.8% |
| Months of Reserves | 10.5 months |
Financial Health Grade: B
In 2023, Breadcoin Foundation Ltd reported a deficit of $9K with expenses exceeding revenue, holds 10.5 months of operating reserves (strong position), has a debt-to-asset ratio of 35.8% (moderate leverage).
Financial Trends
Over 6 years of filings (2017–2023), Breadcoin Foundation Ltd's revenue has grown at a compound annual growth rate (CAGR) of 119.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.6% | +74.9% | +4.9% |
| 2022 | +58.1% | +135.9% | +99.3% |
| 2021 | +98.9% | +53.6% | +192.2% |
| 2020 | +16682.2% | +2600.3% | +479.8% |
| 2018 | -82.4% | — | +161.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Breadcoin Foundation Ltd 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 Breadcoin Foundation Ltd 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 $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 35.8%.
Frequently Asked Questions about Breadcoin Foundation Ltd
Is Breadcoin Foundation Ltd a legitimate charity?
Breadcoin Foundation Ltd (EIN: 823636054) is a registered tax-exempt nonprofit based in Washington DC. It has 6 years of IRS 990 filings on record. Total revenue: $853K. No red flags identified. Financial health grade: B.
How does Breadcoin Foundation Ltd spend its money?
Breadcoin Foundation Ltd reported $853K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Breadcoin Foundation Ltd tax-deductible?
Breadcoin Foundation Ltd is registered as a tax-exempt nonprofit (EIN: 823636054). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Breadcoin Foundation Ltd located?
Breadcoin Foundation Ltd is headquartered in Washington, Washington DC and files with the IRS under EIN 823636054. It is classified under NTEE code K30.
How many years of IRS 990 filings does Breadcoin Foundation Ltd have?
Breadcoin Foundation Ltd 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. The most recent filing shows $853K in total revenue.
Filing History
IRS 990 filing history for Breadcoin Foundation Ltd showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2017–2023), Breadcoin Foundation Ltd's revenue has grown by 11079%, moving from $5K to $565K. Total assets increased by 9154.7% over the same period, from $5K to $502K. In its most recent filing year (2023), Breadcoin Foundation Ltd reported a deficit of $9K, with expenses exceeding revenue. The organization holds $180K in liabilities against $502K in assets (debt-to-asset ratio: 35.8%), resulting in net assets of $322K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $565K | $574K | $502K | $180K | — | — |
| 2022 | $468K | $328K | $479K | $147K | — | View 990 |
| 2021 | $296K | $139K | $240K | $893 | — | — |
| 2020 | $149K | $90K | $82K | $535 | — | — |
| 2018 | $887 | $3K | $14K | $11K | — | View 990 |
| 2017 | $5K | $0 | $5K | $374 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $565K, expenses of $574K, and assets of $502K (revenue +20.6% year-over-year).
- 2022: Revenue of $468K, expenses of $328K, and assets of $479K (revenue +58.1% year-over-year).
- 2021: Revenue of $296K, expenses of $139K, and assets of $240K (revenue +98.9% year-over-year).
- 2020: Revenue of $149K, expenses of $90K, and assets of $82K (revenue +16682.2% year-over-year).
- 2018: Revenue of $887, expenses of $3K, and assets of $14K (revenue -82.4% year-over-year).
- 2017: Revenue of $5K, expenses of $0, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Breadcoin Foundation Ltd:
Data Sources and Methodology
This transparency report for Breadcoin Foundation Ltd 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.