Clarke Square Neighborhood Initiative Inc
EIN: 464325662 · Milwaukee, WI · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $252K |
| Total Expenses | $190K |
| Net Assets | $193K |
Is Clarke Square Neighborhood Initiative Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Clarke Square Neighborhood Initiative Inc
Clarke Square Neighborhood Initiative Inc (EIN: 464325662) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code S20. The organization reported total revenue of $252K and total assets of $349K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clarke Square Neighborhood Initiative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clarke Square Neighborhood Initiative Inc is a small nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -14.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $190K |
| Total Expenses | $190K |
| Surplus / Deficit | +$187 |
| Total Assets | $360K |
| Total Liabilities | $167K |
| Net Assets | $193K |
| Operating Margin | 0.1% |
| Debt-to-Asset Ratio | 46.5% |
| Months of Reserves | 22.7 months |
Financial Health Grade: A
In 2023, Clarke Square Neighborhood Initiative Inc reported a surplus of $187 with revenue exceeding expenses, holds 22.7 months of operating reserves (strong position), has a debt-to-asset ratio of 46.5% (moderate leverage).
Financial Trends
Over 3 years of filings (2021–2023), Clarke Square Neighborhood Initiative Inc's revenue has declined at a compound annual growth rate (CAGR) of -14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.8% | -38.3% | -6.9% |
| 2022 | +9.7% | +47.9% | +22.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Clarke Square Neighborhood Initiative 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 Clarke Square Neighborhood Initiative 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 surplus of $187, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.5%.
Frequently Asked Questions about Clarke Square Neighborhood Initiative Inc
Is Clarke Square Neighborhood Initiative Inc a legitimate charity?
Clarke Square Neighborhood Initiative Inc (EIN: 464325662) is a registered tax-exempt nonprofit based in Wisconsin. It has 3 years of IRS 990 filings on record. Total revenue: $252K. No red flags identified. Financial health grade: A.
How does Clarke Square Neighborhood Initiative Inc spend its money?
Clarke Square Neighborhood Initiative Inc reported $252K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Clarke Square Neighborhood Initiative Inc tax-deductible?
Clarke Square Neighborhood Initiative Inc is registered as a tax-exempt nonprofit (EIN: 464325662). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Clarke Square Neighborhood Initiative Inc located?
Clarke Square Neighborhood Initiative Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 464325662. It is classified under NTEE code S20.
How many years of IRS 990 filings does Clarke Square Neighborhood Initiative Inc have?
Clarke Square Neighborhood Initiative Inc has 3 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 $252K in total revenue.
Filing History
IRS 990 filing history for Clarke Square Neighborhood Initiative Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Clarke Square Neighborhood Initiative Inc's revenue has declined by 26.3%, moving from $258K to $190K. Total assets increased by 14% over the same period, from $316K to $360K. Total functional expenses fell by 8.8%, from $208K to $190K. In its most recent filing year (2023), Clarke Square Neighborhood Initiative Inc reported a surplus of $187, with revenue exceeding expenses. The organization holds $167K in liabilities against $360K in assets (debt-to-asset ratio: 46.5%), resulting in net assets of $193K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $190K | $190K | $360K | $167K | — | — |
| 2022 | $283K | $308K | $387K | $214K | — | View 990 |
| 2021 | $258K | $208K | $316K | $149K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $190K, expenses of $190K, and assets of $360K (revenue -32.8% year-over-year).
- 2022: Revenue of $283K, expenses of $308K, and assets of $387K (revenue +9.7% year-over-year).
- 2021: Revenue of $258K, expenses of $208K, and assets of $316K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clarke Square Neighborhood Initiative Inc:
Data Sources and Methodology
This transparency report for Clarke Square Neighborhood Initiative 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.