Bump Inc
Bump Inc shows consistent revenue growth and zero officer compensation, building assets over time.
EIN: 205410127 · Durham, NC · NTEE: A68 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $213K |
| Total Expenses | $111K |
| Program Spending | 85% |
| Net Assets | $42K |
| Transparency Score | 90/100 |
Is Bump Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bump Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bump Inc
Bump Inc (EIN: 205410127) is a nonprofit organization based in Durham, NC, classified under NTEE code A68. The organization reported total revenue of $213K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bump Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bump Inc is a small nonprofit that has been operating for 20 years, with 7 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 35.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $144K |
| Total Expenses | $111K |
| Surplus / Deficit | +$32K |
| Total Assets | $42K |
| Net Assets | $42K |
| Operating Margin | 22.5% |
| Months of Reserves | 4.5 months |
Financial Health Grade: A
In 2023, Bump Inc reported a surplus of $32K with revenue exceeding expenses, holds 4.5 months of operating reserves (adequate).
Financial Trends
Over 7 years of filings (2014–2023), Bump Inc's revenue has grown at a compound annual growth rate (CAGR) of 35.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +133.3% | +58.3% | +233.7% |
| 2022 | +40.7% | +94.0% | -14.0% |
| 2019 | +24.9% | -25.5% | +111.5% |
| 2018 | -19.7% | +13.7% | +67.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bump Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bump Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $32K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that no salaries are paid to officers. This suggests a volunteer-led or highly efficient operational model, directing all funds towards the organization's mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Bump Inc:
- Consistent revenue growth, from $0 in 201506 to $143,882 in 202306.
- Zero officer compensation across all reported periods, indicating high efficiency.
- Healthy asset growth, reaching $42,183 in 202306 from $0 in 201506.
- Minimal to zero liabilities, demonstrating strong financial management.
- Revenue consistently exceeding expenses in recent periods (e.g., $143,882 revenue vs. $111,459 expenses in 202306).
Frequently Asked Questions about Bump Inc
Is Bump Inc a legitimate charity?
Bump Inc (EIN: 205410127) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 90/100. It has 7 years of IRS 990 filings on record. Total revenue: $213K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Bump Inc spend its money?
Bump Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bump Inc tax-deductible?
Bump Inc is registered as a tax-exempt nonprofit (EIN: 205410127). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bump Inc's spending goes to programs?
Bump Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bump Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Bump Inc is above average for NTEE category A68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bump Inc located?
Bump Inc is headquartered in Durham, North Carolina and files with the IRS under EIN 205410127. It is classified under NTEE code A68.
How many years of IRS 990 filings does Bump Inc have?
Bump Inc has 7 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 $213K in total revenue.
Is Bump Inc a good charity?
Based on the provided financial data, Bump Inc appears to be a good charity. It demonstrates consistent revenue growth, maintains a healthy asset base with minimal liabilities, and notably, reports 0% officer compensation across all filings, indicating a strong commitment to its mission.
How has Bump Inc's financial health changed over time?
Bump Inc's financial health has significantly improved. It started with $0 revenue and assets in 201506 but has grown to $143,882 in revenue and $42,183 in assets by 202306, consistently generating more revenue than expenses in recent years.
What is Bump Inc's approach to executive compensation?
Bump Inc's approach to executive compensation is to pay none. Officer compensation is reported as 0% for all available filing periods, which is a strong positive indicator of financial efficiency and dedication to its mission.
Filing History
IRS 990 filing history for Bump Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Bump Inc's revenue has grown by 1464.1%, moving from $9K to $144K. Total assets increased by 1991.4% over the same period, from $2K to $42K. Total functional expenses rose by 640.2%, from $15K to $111K. In its most recent filing year (2023), Bump Inc reported a surplus of $32K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $144K | $111K | $42K | $0 | — | View 990 |
| 2022 | $62K | $70K | $13K | $296 | — | View 990 |
| 2019 | $44K | $36K | $15K | $563 | — | View 990 |
| 2018 | $35K | $49K | $7K | $348 | — | View 990 |
| 2016 | $44K | $43K | $4K | $1K | — | View 990 |
| 2015 | $0 | $0 | $0 | $0 | — | View 990 |
| 2014 | $9K | $15K | $2K | $173 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $144K, expenses of $111K, and assets of $42K (revenue +133.3% year-over-year).
- 2022: Revenue of $62K, expenses of $70K, and assets of $13K (revenue +40.7% year-over-year).
- 2019: Revenue of $44K, expenses of $36K, and assets of $15K (revenue +24.9% year-over-year).
- 2018: Revenue of $35K, expenses of $49K, and assets of $7K (revenue -19.7% year-over-year).
- 2016: Revenue of $44K, expenses of $43K, and assets of $4K.
- 2015: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2014: Revenue of $9K, expenses of $15K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bump Inc:
Data Sources and Methodology
This transparency report for Bump 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.