Breaking Free Therapies
EIN: 474758637 · Boulder City, NV
| Metric | Value |
|---|---|
| Total Revenue | $11K |
| Total Expenses | $11K |
| Net Assets | $304 |
Is Breaking Free Therapies Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Breaking Free Therapies
Breaking Free Therapies (EIN: 474758637) is a nonprofit organization based in Boulder City, NV. The organization reported total revenue of $11K and total assets of $349 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Breaking Free Therapies's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Breaking Free Therapies is a micro nonprofit that has been operating for 11 years, with 2 years of IRS 990 filings on record (2015–2016). Revenue has grown at a compound annual rate of 36.4%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $11K |
| Surplus / Deficit | +$304 |
| Total Assets | $349 |
| Total Liabilities | $45 |
| Net Assets | $304 |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 12.9% |
| Months of Reserves | 0.4 months |
Financial Health Grade: A
In 2016, Breaking Free Therapies reported a surplus of $304 with revenue exceeding expenses, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 12.9% (very low leverage).
Financial Trends
Over 2 years of filings (2015–2016), Breaking Free Therapies's revenue has grown at a compound annual growth rate (CAGR) of 36.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +36.4% | +33.4% | +751.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Breaking Free Therapies 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 Breaking Free Therapies 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 $304, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.9%.
Frequently Asked Questions about Breaking Free Therapies
Is Breaking Free Therapies a legitimate charity?
Breaking Free Therapies (EIN: 474758637) is a registered tax-exempt nonprofit based in Nevada. It has 2 years of IRS 990 filings on record. Total revenue: $11K. No red flags identified. Financial health grade: A.
How does Breaking Free Therapies spend its money?
Breaking Free Therapies reported $11K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Breaking Free Therapies tax-deductible?
Breaking Free Therapies is registered as a tax-exempt nonprofit (EIN: 474758637). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Breaking Free Therapies located?
Breaking Free Therapies is headquartered in Boulder City, Nevada and files with the IRS under EIN 474758637.
How many years of IRS 990 filings does Breaking Free Therapies have?
Breaking Free Therapies 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 $11K in total revenue.
Filing History
IRS 990 filing history for Breaking Free Therapies showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2015–2016), Breaking Free Therapies's revenue has grown by 36.4%, moving from $8K to $11K. Total assets increased by 751.2% over the same period, from $41 to $349. Total functional expenses rose by 33.4%, from $8K to $11K. In its most recent filing year (2016), Breaking Free Therapies reported a surplus of $304, with revenue exceeding expenses. The organization holds $45 in liabilities against $349 in assets (debt-to-asset ratio: 12.9%), resulting in net assets of $304.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $11K | $11K | $349 | $45 | — | View 990 |
| 2015 | $8K | $8K | $41 | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Breaking Free Therapies:
Data Sources and Methodology
This transparency report for Breaking Free Therapies 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.