Carries Kids Inc
EIN: 460640274 · Bismarck, ND · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $290K |
| Total Expenses | $159K |
| Net Assets | $242K |
Is Carries Kids Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carries Kids Inc
Carries Kids Inc (EIN: 460640274) is a nonprofit organization based in Bismarck, ND, classified under NTEE code P30. The organization reported total revenue of $290K and total assets of $349K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carries Kids Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carries Kids Inc is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $140K |
| Total Expenses | $159K |
| Surplus / Deficit | $-18,597 |
| Total Assets | $244K |
| Total Liabilities | $2K |
| Net Assets | $242K |
| Operating Margin | -13.3% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 18.5 months |
Financial Health Grade: B
In 2023, Carries Kids Inc reported a deficit of $19K with expenses exceeding revenue, holds 18.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Carries Kids Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.2% | +10.3% | -8.1% |
| 2022 | -10.5% | -11.2% | -35.9% |
| 2021 | +22.9% | +26.6% | +4.2% |
| 2020 | -3.7% | -11.9% | +61.4% |
| 2019 | -3.3% | -2.1% | +33.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carries Kids 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 Carries Kids 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:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about Carries Kids Inc
Is Carries Kids Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Carries Kids Inc (EIN: 460640274) insufficient data. 0 red flags identified, 0 strengths noted.
How does Carries Kids Inc spend its money?
Detailed spending breakdown data is not yet available for Carries Kids Inc. Check back for updated IRS 990 analysis.
Are donations to Carries Kids Inc tax-deductible?
Carries Kids Inc is registered as a tax-exempt nonprofit (EIN: 460640274). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carries Kids Inc located?
Carries Kids Inc is headquartered in Bismarck, North Dakota and files with the IRS under EIN 460640274. It is classified under NTEE code P30.
How many years of IRS 990 filings does Carries Kids Inc have?
Carries Kids Inc has 12 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 $290K in total revenue.
Filing History
IRS 990 filing history for Carries Kids Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Carries Kids Inc's revenue has declined by 26.4%, moving from $191K to $140K. Total assets increased by 88.4% over the same period, from $130K to $244K. Total functional expenses rose by 155.5%, from $62K to $159K. In its most recent filing year (2023), Carries Kids Inc reported a deficit of $19K, with expenses exceeding revenue. The organization holds $2K in liabilities against $244K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $242K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $140K | $159K | $244K | $2K | — | View 990 |
| 2022 | $165K | $144K | $266K | $5K | — | View 990 |
| 2021 | $185K | $162K | $415K | $175K | — | View 990 |
| 2020 | $150K | $128K | $398K | $181K | — | View 990 |
| 2019 | $156K | $146K | $247K | $52K | — | View 990 |
| 2018 | $162K | $149K | $185K | $1K | — | View 990 |
| 2017 | $112K | $126K | $173K | $2K | — | View 990 |
| 2016 | $137K | $143K | $187K | $2K | — | View 990 |
| 2015 | $169K | $125K | $193K | $2K | — | View 990 |
| 2014 | $154K | $110K | $149K | $1K | — | View 990 |
| 2013 | $74K | $99K | $104K | $1K | — | View 990 |
| 2012 | $191K | $62K | $130K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $140K, expenses of $159K, and assets of $244K (revenue -15.2% year-over-year).
- 2022: Revenue of $165K, expenses of $144K, and assets of $266K (revenue -10.5% year-over-year).
- 2021: Revenue of $185K, expenses of $162K, and assets of $415K (revenue +22.9% year-over-year).
- 2020: Revenue of $150K, expenses of $128K, and assets of $398K (revenue -3.7% year-over-year).
- 2019: Revenue of $156K, expenses of $146K, and assets of $247K (revenue -3.3% year-over-year).
- 2018: Revenue of $162K, expenses of $149K, and assets of $185K (revenue +44.4% year-over-year).
- 2017: Revenue of $112K, expenses of $126K, and assets of $173K (revenue -18.6% year-over-year).
- 2016: Revenue of $137K, expenses of $143K, and assets of $187K (revenue -18.9% year-over-year).
- 2015: Revenue of $169K, expenses of $125K, and assets of $193K (revenue +10.0% year-over-year).
- 2014: Revenue of $154K, expenses of $110K, and assets of $149K (revenue +109.6% year-over-year).
- 2013: Revenue of $74K, expenses of $99K, and assets of $104K (revenue -61.4% year-over-year).
- 2012: Revenue of $191K, expenses of $62K, and assets of $130K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carries Kids Inc:
Data Sources and Methodology
This transparency report for Carries Kids 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.