Canvas4 Acause Inc
EIN: 851361256 · Lake Point, UT · NTEE: A40
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Net Assets | $0 |
Is Canvas4 Acause Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Canvas4 Acause Inc
Canvas4 Acause Inc (EIN: 851361256) is a nonprofit organization based in Lake Point, UT, classified under NTEE code A40. The organization reported total revenue of $1 and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Canvas4 Acause Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Canvas4 Acause Inc is a micro nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $0 |
| Surplus / Deficit | +$1 |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 100.0% |
Financial Health Grade: B
In 2023, Canvas4 Acause Inc reported a surplus of $1 with revenue exceeding expenses, has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Canvas4 Acause Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | — | +0.0% |
| 2022 | -100.0% | -100.0% | +0.0% |
| 2021 | +567600.0% | — | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Canvas4 Acause 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 Canvas4 Acause 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 (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Canvas4 Acause Inc
Is Canvas4 Acause Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Canvas4 Acause Inc (EIN: 851361256) insufficient data. 0 red flags identified, 0 strengths noted.
How does Canvas4 Acause Inc spend its money?
Detailed spending breakdown data is not yet available for Canvas4 Acause Inc. Check back for updated IRS 990 analysis.
Are donations to Canvas4 Acause Inc tax-deductible?
Canvas4 Acause Inc is registered as a tax-exempt nonprofit (EIN: 851361256). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Canvas4 Acause Inc located?
Canvas4 Acause Inc is headquartered in Lake Point, Utah and files with the IRS under EIN 851361256. It is classified under NTEE code A40.
How many years of IRS 990 filings does Canvas4 Acause Inc have?
Canvas4 Acause Inc has 4 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 $1 in total revenue.
Filing History
IRS 990 filing history for Canvas4 Acause Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Canvas4 Acause Inc's revenue has grown by 0%, moving from $1 to $1. Total assets increased by 0% over the same period, from $1 to $1. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $0 | $1 | $1 | — | — |
| 2022 | $1 | $0 | $1 | $1 | — | View 990 |
| 2021 | $6K | $7K | $1 | $1 | — | — |
| 2020 | $1 | $0 | $1 | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2022: Revenue of $1, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2021: Revenue of $6K, expenses of $7K, and assets of $1 (revenue +567600.0% year-over-year).
- 2020: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Canvas4 Acause Inc:
Data Sources and Methodology
This transparency report for Canvas4 Acause 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.