Burnaway Inc
EIN: 271057775 · Atlanta, GA · NTEE: A70
| Metric | Value |
|---|---|
| Total Revenue | $296K |
| Total Expenses | $346K |
| Net Assets | $76K |
Is Burnaway Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Burnaway Inc
Burnaway Inc (EIN: 271057775) is a nonprofit organization based in Atlanta, GA, classified under NTEE code A70. The organization reported total revenue of $296K and total assets of $106K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Burnaway Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Burnaway Inc is a small nonprofit that has been operating for 15 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 26.7%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $345K |
| Total Expenses | $346K |
| Surplus / Deficit | $-1,581 |
| Total Assets | $144K |
| Total Liabilities | $68K |
| Net Assets | $76K |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 47.1% |
| Months of Reserves | 5.0 months |
Financial Health Grade: B
In 2021, Burnaway Inc reported a deficit of $2K with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 47.1% (moderate leverage).
Financial Trends
Over 11 years of filings (2011–2021), Burnaway Inc's revenue has grown at a compound annual growth rate (CAGR) of 26.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +9.4% | +10.6% | -17.1% |
| 2020 | +58.1% | +62.4% | +120.3% |
| 2019 | +11.2% | +20.6% | +12.0% |
| 2018 | -7.6% | -29.0% | +27.4% |
| 2017 | -15.8% | -0.4% | -36.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Burnaway Inc 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 Burnaway Inc 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 47.1%.
Frequently Asked Questions about Burnaway Inc
Is Burnaway Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Burnaway Inc (EIN: 271057775) insufficient data. 0 red flags identified, 0 strengths noted.
How does Burnaway Inc spend its money?
Detailed spending breakdown data is not yet available for Burnaway Inc. Check back for updated IRS 990 analysis.
Are donations to Burnaway Inc tax-deductible?
Burnaway Inc is registered as a tax-exempt nonprofit (EIN: 271057775). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Burnaway Inc located?
Burnaway Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 271057775. It is classified under NTEE code A70.
How many years of IRS 990 filings does Burnaway Inc have?
Burnaway Inc has 11 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 $296K in total revenue.
Filing History
IRS 990 filing history for Burnaway Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Burnaway Inc's revenue has grown by 965.4%, moving from $32K to $345K. Total assets increased by 221.8% over the same period, from $45K to $144K. Total functional expenses rose by 1601.1%, from $20K to $346K. In its most recent filing year (2021), Burnaway Inc reported a deficit of $2K, with expenses exceeding revenue. The organization holds $68K in liabilities against $144K in assets (debt-to-asset ratio: 47.1%), resulting in net assets of $76K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $345K | $346K | $144K | $68K | — | View 990 |
| 2020 | $315K | $313K | $174K | $96K | — | View 990 |
| 2019 | $199K | $193K | $79K | $3K | — | View 990 |
| 2018 | $179K | $160K | $70K | $1K | — | View 990 |
| 2017 | $194K | $225K | $55K | $5K | — | View 990 |
| 2016 | $230K | $226K | $87K | $6K | — | View 990 |
| 2015 | $263K | $247K | $107K | $30K | — | View 990 |
| 2014 | $193K | $193K | $82K | $21K | — | View 990 |
| 2013 | $125K | $124K | $62K | $0 | — | View 990 |
| 2012 | $45K | $32K | $55K | $3K | — | View 990 |
| 2011 | $32K | $20K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $345K, expenses of $346K, and assets of $144K (revenue +9.4% year-over-year).
- 2020: Revenue of $315K, expenses of $313K, and assets of $174K (revenue +58.1% year-over-year).
- 2019: Revenue of $199K, expenses of $193K, and assets of $79K (revenue +11.2% year-over-year).
- 2018: Revenue of $179K, expenses of $160K, and assets of $70K (revenue -7.6% year-over-year).
- 2017: Revenue of $194K, expenses of $225K, and assets of $55K (revenue -15.8% year-over-year).
- 2016: Revenue of $230K, expenses of $226K, and assets of $87K (revenue -12.5% year-over-year).
- 2015: Revenue of $263K, expenses of $247K, and assets of $107K (revenue +36.6% year-over-year).
- 2014: Revenue of $193K, expenses of $193K, and assets of $82K (revenue +54.8% year-over-year).
- 2013: Revenue of $125K, expenses of $124K, and assets of $62K (revenue +174.4% year-over-year).
- 2012: Revenue of $45K, expenses of $32K, and assets of $55K (revenue +40.3% year-over-year).
- 2011: Revenue of $32K, expenses of $20K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Burnaway Inc:
Data Sources and Methodology
This transparency report for Burnaway 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.