Champions Of Tomorrow Foundation Inc
EIN: 562421703 · Bethesda, MD
Is Champions Of Tomorrow Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Champions Of Tomorrow Foundation Inc
Champions Of Tomorrow Foundation Inc (EIN: 562421703) is a nonprofit organization based in Bethesda, MD. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Champions Of Tomorrow Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Champions Of Tomorrow Foundation Inc is a small nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $636K |
| Total Expenses | $332K |
| Surplus / Deficit | +$305K |
| Total Assets | $26K |
| Net Assets | $26K |
| Operating Margin | 47.9% |
| Months of Reserves | 0.9 months |
Financial Health Grade: A
In 2014, Champions Of Tomorrow Foundation Inc reported a surplus of $305K with revenue exceeding expenses, holds 0.9 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2011–2014), Champions Of Tomorrow Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -20.4% | -63.6% | -90.9% |
| 2013 | +12.6% | +78.8% | -29.7% |
| 2012 | +32.7% | -22.3% | +91.7% |
AI Analysis Pending
AI enrichment for Champions Of Tomorrow Foundation 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 Champions Of Tomorrow Foundation 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $305K, with revenue exceeding expenses.
Frequently Asked Questions about Champions Of Tomorrow Foundation Inc
Is Champions Of Tomorrow Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Champions Of Tomorrow Foundation Inc (EIN: 562421703) insufficient data. 0 red flags identified, 0 strengths noted.
How does Champions Of Tomorrow Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Champions Of Tomorrow Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Champions Of Tomorrow Foundation Inc tax-deductible?
Champions Of Tomorrow Foundation Inc is registered as a tax-exempt nonprofit (EIN: 562421703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Champions Of Tomorrow Foundation Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Champions Of Tomorrow Foundation Inc's revenue has grown by 18.9%, moving from $535K to $636K. Total assets decreased by 87.7% over the same period, from $209K to $26K. Total functional expenses fell by 49.5%, from $656K to $332K. In its most recent filing year (2014), Champions Of Tomorrow Foundation Inc reported a surplus of $305K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $636K | $332K | $26K | $0 | — | View 990 |
| 2013 | $800K | $911K | $282K | $18K | — | View 990 |
| 2012 | $710K | $510K | $401K | $25K | — | View 990 |
| 2011 | $535K | $656K | $209K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $636K, expenses of $332K, and assets of $26K (revenue -20.4% year-over-year).
- 2013: Revenue of $800K, expenses of $911K, and assets of $282K (revenue +12.6% year-over-year).
- 2012: Revenue of $710K, expenses of $510K, and assets of $401K (revenue +32.7% year-over-year).
- 2011: Revenue of $535K, expenses of $656K, and assets of $209K.
Data Sources and Methodology
This transparency report for Champions Of Tomorrow Foundation 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.