Center For Economic Opportunity And Belonging
EIN: 922067566 · Salt Lake Cty, UT · NTEE: S99
| Metric | Value |
|---|---|
| Total Revenue | $793K |
| Total Expenses | $561K |
| Net Assets | $291K |
Is Center For Economic Opportunity And Belonging Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Center For Economic Opportunity And Belonging
Center For Economic Opportunity And Belonging (EIN: 922067566) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code S99. The organization reported total revenue of $793K and total assets of $731K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For Economic Opportunity And Belonging's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center For Economic Opportunity And Belonging is a small nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2023–2024). Revenue has grown at a compound annual rate of 407.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $733K |
| Total Expenses | $561K |
| Surplus / Deficit | +$171K |
| Total Assets | $294K |
| Total Liabilities | $3K |
| Net Assets | $291K |
| Operating Margin | 23.4% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 6.3 months |
Financial Health Grade: A
In 2024, Center For Economic Opportunity And Belonging reported a surplus of $171K with revenue exceeding expenses, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 2 years of filings (2023–2024), Center For Economic Opportunity And Belonging's revenue has grown at a compound annual growth rate (CAGR) of 407.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +407.3% | +2142.5% | +146.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Center For Economic Opportunity And Belonging 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 Center For Economic Opportunity And Belonging 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $171K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Center For Economic Opportunity And Belonging
Is Center For Economic Opportunity And Belonging a legitimate charity?
Center For Economic Opportunity And Belonging (EIN: 922067566) is a registered tax-exempt nonprofit based in Utah. It has 2 years of IRS 990 filings on record. Total revenue: $793K. No red flags identified. Financial health grade: A.
How does Center For Economic Opportunity And Belonging spend its money?
Center For Economic Opportunity And Belonging reported $793K 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 Center For Economic Opportunity And Belonging tax-deductible?
Center For Economic Opportunity And Belonging is registered as a tax-exempt nonprofit (EIN: 922067566). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Center For Economic Opportunity And Belonging located?
Center For Economic Opportunity And Belonging is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 922067566. It is classified under NTEE code S99.
How many years of IRS 990 filings does Center For Economic Opportunity And Belonging have?
Center For Economic Opportunity And Belonging 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 $793K in total revenue.
Filing History
IRS 990 filing history for Center For Economic Opportunity And Belonging showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2023–2024), Center For Economic Opportunity And Belonging's revenue has grown by 407.3%, moving from $144K to $733K. Total assets increased by 146.1% over the same period, from $119K to $294K. Total functional expenses rose by 2142.5%, from $25K to $561K. In its most recent filing year (2024), Center For Economic Opportunity And Belonging reported a surplus of $171K, with revenue exceeding expenses. The organization holds $3K in liabilities against $294K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $291K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $733K | $561K | $294K | $3K | — | — |
| 2023 | $144K | $25K | $119K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center For Economic Opportunity And Belonging:
Data Sources and Methodology
This transparency report for Center For Economic Opportunity And Belonging 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.