Cleveland Owns
EIN: 364929660 · Cleveland, OH · NTEE: S31
| Metric | Value |
|---|---|
| Total Revenue | $402K |
| Total Expenses | $158K |
| Net Assets | $166K |
Is Cleveland Owns Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cleveland Owns
Cleveland Owns (EIN: 364929660) is a nonprofit organization based in Cleveland, OH, classified under NTEE code S31. The organization reported total revenue of $402K and total assets of $400K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cleveland Owns's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cleveland Owns is a small nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -64.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $91K |
| Total Expenses | $158K |
| Surplus / Deficit | $-67,254 |
| Total Assets | $169K |
| Total Liabilities | $3K |
| Net Assets | $166K |
| Operating Margin | -74.1% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 12.9 months |
Financial Health Grade: B
In 2023, Cleveland Owns reported a deficit of $67K with expenses exceeding revenue, holds 12.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Cleveland Owns's revenue has declined at a compound annual growth rate (CAGR) of -64.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -64.8% | +83.0% | -22.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cleveland Owns 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 Cleveland Owns 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 $67K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.9%.
Frequently Asked Questions about Cleveland Owns
Is Cleveland Owns a legitimate charity?
Cleveland Owns (EIN: 364929660) is a registered tax-exempt nonprofit based in Ohio. It has 2 years of IRS 990 filings on record. Total revenue: $402K. No red flags identified. Financial health grade: B.
How does Cleveland Owns spend its money?
Cleveland Owns reported $402K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cleveland Owns tax-deductible?
Cleveland Owns is registered as a tax-exempt nonprofit (EIN: 364929660). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cleveland Owns located?
Cleveland Owns is headquartered in Cleveland, Ohio and files with the IRS under EIN 364929660. It is classified under NTEE code S31.
How many years of IRS 990 filings does Cleveland Owns have?
Cleveland Owns 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 $402K in total revenue.
Filing History
IRS 990 filing history for Cleveland Owns showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Cleveland Owns's revenue has declined by 64.8%, moving from $258K to $91K. Total assets decreased by 22.1% over the same period, from $217K to $169K. Total functional expenses rose by 83%, from $86K to $158K. In its most recent filing year (2023), Cleveland Owns reported a deficit of $67K, with expenses exceeding revenue. The organization holds $3K in liabilities against $169K in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $166K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $91K | $158K | $169K | $3K | — | — |
| 2022 | $258K | $86K | $217K | $780 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cleveland Owns:
Data Sources and Methodology
This transparency report for Cleveland Owns 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.