Climbing Higher Resources Inc
EIN: 460770111 · Princeton, WV · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $51K |
| Total Expenses | $56K |
| Net Assets | $11K |
Is Climbing Higher Resources Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Climbing Higher Resources Inc
Climbing Higher Resources Inc (EIN: 460770111) is a nonprofit organization based in Princeton, WV, classified under NTEE code X20. The organization reported total revenue of $51K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Climbing Higher Resources Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Climbing Higher Resources Inc is a micro nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $56K |
| Surplus / Deficit | +$4K |
| Total Assets | $11K |
| Net Assets | $11K |
| Operating Margin | 5.9% |
| Months of Reserves | 2.4 months |
Financial Health Grade: A
In 2023, Climbing Higher Resources Inc reported a surplus of $4K with revenue exceeding expenses, holds 2.4 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2015–2023), Climbing Higher Resources Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.9% | +27.9% | +47.1% |
| 2022 | -11.6% | +5.0% | -7.6% |
| 2021 | +17.5% | +2.4% | +694.6% |
| 2020 | +28.7% | +9.8% | +351.1% |
| 2019 | +4.8% | +34.0% | -95.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Climbing Higher Resources 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 Climbing Higher Resources 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 $4K, with revenue exceeding expenses.
Frequently Asked Questions about Climbing Higher Resources Inc
Is Climbing Higher Resources Inc a legitimate charity?
Climbing Higher Resources Inc (EIN: 460770111) is a registered tax-exempt nonprofit based in West Virginia. It has 9 years of IRS 990 filings on record. Total revenue: $51K. No red flags identified. Financial health grade: A.
How does Climbing Higher Resources Inc spend its money?
Climbing Higher Resources Inc reported $51K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Climbing Higher Resources Inc tax-deductible?
Climbing Higher Resources Inc is registered as a tax-exempt nonprofit (EIN: 460770111). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Climbing Higher Resources Inc located?
Climbing Higher Resources Inc is headquartered in Princeton, West Virginia and files with the IRS under EIN 460770111. It is classified under NTEE code X20.
How many years of IRS 990 filings does Climbing Higher Resources Inc have?
Climbing Higher Resources Inc has 9 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 $51K in total revenue.
Filing History
IRS 990 filing history for Climbing Higher Resources Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Climbing Higher Resources Inc's revenue has grown by 136.9%, moving from $25K to $60K. Total assets increased by 752.5% over the same period, from $1K to $11K. Total functional expenses rose by 128.8%, from $25K to $56K. In its most recent filing year (2023), Climbing Higher Resources Inc reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $60K | $56K | $11K | $0 | — | — |
| 2022 | $43K | $44K | $8K | $0 | — | View 990 |
| 2021 | $49K | $42K | $8K | $0 | — | — |
| 2020 | $42K | $41K | $1K | $0 | — | — |
| 2019 | $32K | $37K | $227 | $0 | — | — |
| 2018 | $31K | $28K | $5K | $0 | — | View 990 |
| 2017 | $33K | $33K | $2K | $0 | — | View 990 |
| 2016 | $37K | $37K | $2K | $0 | — | View 990 |
| 2015 | $25K | $25K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $60K, expenses of $56K, and assets of $11K (revenue +37.9% year-over-year).
- 2022: Revenue of $43K, expenses of $44K, and assets of $8K (revenue -11.6% year-over-year).
- 2021: Revenue of $49K, expenses of $42K, and assets of $8K (revenue +17.5% year-over-year).
- 2020: Revenue of $42K, expenses of $41K, and assets of $1K (revenue +28.7% year-over-year).
- 2019: Revenue of $32K, expenses of $37K, and assets of $227 (revenue +4.8% year-over-year).
- 2018: Revenue of $31K, expenses of $28K, and assets of $5K (revenue -7.2% year-over-year).
- 2017: Revenue of $33K, expenses of $33K, and assets of $2K (revenue -9.7% year-over-year).
- 2016: Revenue of $37K, expenses of $37K, and assets of $2K (revenue +46.2% year-over-year).
- 2015: Revenue of $25K, expenses of $25K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Climbing Higher Resources Inc:
Data Sources and Methodology
This transparency report for Climbing Higher Resources 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.