Children Of Inmates Inc
EIN: 274446519 · Hallandale Beach, FL · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.4M |
| Net Assets | $157K |
Is Children Of Inmates Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Children Of Inmates Inc
Children Of Inmates Inc (EIN: 274446519) is a nonprofit organization based in Hallandale Beach, FL, classified under NTEE code S20. The organization reported total revenue of $1.9M and total assets of $494K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Children Of Inmates Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Children Of Inmates Inc is a mid-size nonprofit that has been operating for 14 years, with 10 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 18.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-41,102 |
| Total Assets | $363K |
| Total Liabilities | $206K |
| Net Assets | $157K |
| Operating Margin | -3.0% |
| Debt-to-Asset Ratio | 56.8% |
| Months of Reserves | 3.0 months |
Financial Health Grade: C
In 2023, Children Of Inmates Inc reported a deficit of $41K with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 56.8% (high leverage).
Financial Trends
Over 10 years of filings (2013–2023), Children Of Inmates Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.1% | +2.1% | +2.9% |
| 2022 | -11.4% | -6.6% | +67.2% |
| 2021 | -13.0% | -25.8% | -18.8% |
| 2020 | -3.5% | +6.5% | -30.1% |
| 2019 | +17.1% | +17.6% | +40.1% |
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 Children Of Inmates 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 Children Of Inmates 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 $41K, with expenses exceeding revenue.
- Debt-to-asset ratio: 56.8%.
Frequently Asked Questions about Children Of Inmates Inc
Is Children Of Inmates Inc a legitimate charity?
Children Of Inmates Inc (EIN: 274446519) is a registered tax-exempt nonprofit based in Florida. It has 10 years of IRS 990 filings on record. Total revenue: $1.9M. No red flags identified. Financial health grade: C.
How does Children Of Inmates Inc spend its money?
Children Of Inmates Inc reported $1.9M in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Children Of Inmates Inc tax-deductible?
Children Of Inmates Inc is registered as a tax-exempt nonprofit (EIN: 274446519). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Children Of Inmates Inc located?
Children Of Inmates Inc is headquartered in Hallandale Beach, Florida and files with the IRS under EIN 274446519. It is classified under NTEE code S20.
How many years of IRS 990 filings does Children Of Inmates Inc have?
Children Of Inmates Inc has 10 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 $1.9M in total revenue.
Filing History
IRS 990 filing history for Children Of Inmates Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2023), Children Of Inmates Inc's revenue has grown by 443.1%, moving from $256K to $1.4M. Total assets increased by 265% over the same period, from $99K to $363K. Total functional expenses rose by 487.3%, from $243K to $1.4M. In its most recent filing year (2023), Children Of Inmates Inc reported a deficit of $41K, with expenses exceeding revenue. The organization holds $206K in liabilities against $363K in assets (debt-to-asset ratio: 56.8%), resulting in net assets of $157K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.4M | $363K | $206K | — | — |
| 2022 | $1.4M | $1.4M | $353K | $190K | — | View 990 |
| 2021 | $1.6M | $1.5M | $211K | $95K | — | View 990 |
| 2020 | $1.9M | $2.0M | $260K | $279K | — | View 990 |
| 2019 | $1.9M | $1.9M | $371K | $241K | — | View 990 |
| 2018 | $1.7M | $1.6M | $265K | $185K | — | View 990 |
| 2017 | $1.6M | $1.7M | $371K | $403K | — | — |
| 2016 | $1.2M | $1.2M | $274K | $269K | — | View 990 |
| 2014 | $850K | $812K | $185K | $140K | — | View 990 |
| 2013 | $256K | $243K | $99K | $92K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.4M, and assets of $363K (revenue -4.1% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.4M, and assets of $353K (revenue -11.4% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.5M, and assets of $211K (revenue -13.0% year-over-year).
- 2020: Revenue of $1.9M, expenses of $2.0M, and assets of $260K (revenue -3.5% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.9M, and assets of $371K (revenue +17.1% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.6M, and assets of $265K (revenue +2.8% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.7M, and assets of $371K (revenue +32.1% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $274K (revenue +44.0% year-over-year).
- 2014: Revenue of $850K, expenses of $812K, and assets of $185K (revenue +232.7% year-over-year).
- 2013: Revenue of $256K, expenses of $243K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Children Of Inmates Inc:
Data Sources and Methodology
This transparency report for Children Of Inmates 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.