Changing Leads Thoroughbred Retraining Project Inc
EIN: 464862618 · Birmingham, AL
| Metric | Value |
|---|---|
| Total Expenses | $128K |
| Net Assets | $6K |
Is Changing Leads Thoroughbred Retraining Project Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Changing Leads Thoroughbred Retraining Project Inc
Changing Leads Thoroughbred Retraining Project Inc (EIN: 464862618) is a nonprofit organization based in Birmingham, AL. 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 Changing Leads Thoroughbred Retraining Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Changing Leads Thoroughbred Retraining Project Inc is a small nonprofit, with 4 years of IRS 990 filings on record (2014–2017). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $132K |
| Total Expenses | $128K |
| Surplus / Deficit | +$4K |
| Total Assets | $6K |
| Net Assets | $6K |
| Operating Margin | 2.7% |
| Months of Reserves | 0.5 months |
Financial Health Grade: A
In 2017, Changing Leads Thoroughbred Retraining Project Inc reported a surplus of $4K with revenue exceeding expenses, holds 0.5 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2014–2017), Changing Leads Thoroughbred Retraining Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -37.7% | -40.0% | +73.4% |
| 2016 | -22.6% | -21.2% | -23.9% |
| 2015 | +112.7% | +114.2% | +115.8% |
AI Analysis Pending
AI enrichment for Changing Leads Thoroughbred Retraining Project 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 Changing Leads Thoroughbred Retraining Project 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Frequently Asked Questions about Changing Leads Thoroughbred Retraining Project Inc
Is Changing Leads Thoroughbred Retraining Project Inc a legitimate charity?
Changing Leads Thoroughbred Retraining Project Inc (EIN: 464862618) is a registered tax-exempt nonprofit based in Alabama. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Changing Leads Thoroughbred Retraining Project Inc spend its money?
Changing Leads Thoroughbred Retraining Project Inc reported its financials in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Changing Leads Thoroughbred Retraining Project Inc tax-deductible?
Changing Leads Thoroughbred Retraining Project Inc is registered as a tax-exempt nonprofit (EIN: 464862618). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Changing Leads Thoroughbred Retraining Project Inc located?
Changing Leads Thoroughbred Retraining Project Inc is headquartered in Birmingham, Alabama and files with the IRS under EIN 464862618.
How many years of IRS 990 filings does Changing Leads Thoroughbred Retraining Project Inc have?
Changing Leads Thoroughbred Retraining Project Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Changing Leads Thoroughbred Retraining Project Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2014–2017), Changing Leads Thoroughbred Retraining Project Inc's revenue has grown by 2.5%, moving from $129K to $132K. Total assets increased by 184.8% over the same period, from $2K to $6K. Total functional expenses rose by 1.3%, from $127K to $128K. In its most recent filing year (2017), Changing Leads Thoroughbred Retraining Project Inc reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $132K | $128K | $6K | $0 | — | View 990 |
| 2016 | $212K | $214K | $3K | $1K | — | View 990 |
| 2015 | $274K | $271K | $4K | $0 | — | View 990 |
| 2014 | $129K | $127K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $132K, expenses of $128K, and assets of $6K (revenue -37.7% year-over-year).
- 2016: Revenue of $212K, expenses of $214K, and assets of $3K (revenue -22.6% year-over-year).
- 2015: Revenue of $274K, expenses of $271K, and assets of $4K (revenue +112.7% year-over-year).
- 2014: Revenue of $129K, expenses of $127K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Changing Leads Thoroughbred Retraining Project Inc:
Data Sources and Methodology
This transparency report for Changing Leads Thoroughbred Retraining Project 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.