Clothesline Inc
Clothesline Inc. consistently grows revenue and operates efficiently with no executive compensation.
EIN: 204110456 · Frankenmuth, MI · NTEE: P29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $191K |
| Total Expenses | $127K |
| Program Spending | 95% |
| Net Assets | $29K |
| Transparency Score | 92/100 |
Is Clothesline Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Clothesline Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Clothesline Inc
Clothesline Inc (EIN: 204110456) is a nonprofit organization based in Frankenmuth, MI, classified under NTEE code P29. The organization reported total revenue of $191K and total assets of $29K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clothesline Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clothesline Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $135K |
| Total Expenses | $127K |
| Surplus / Deficit | +$8K |
| Total Assets | $29K |
| Net Assets | $29K |
| Operating Margin | 6.1% |
| Months of Reserves | 2.7 months |
Financial Health Grade: A
In 2023, Clothesline Inc reported a surplus of $8K with revenue exceeding expenses, holds 2.7 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Clothesline Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.0% | +6.4% | +39.4% |
| 2022 | +14.9% | +9.9% | +20.7% |
| 2021 | +65.2% | +67.0% | -8.7% |
| 2020 | -35.9% | -33.9% | -1.5% |
| 2019 | +10.2% | +6.0% | +15.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Clothesline Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Clothesline Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
Executive Compensation Analysis
Clothesline Inc. reports 0% officer compensation across all available filings, indicating a volunteer-led organization, which significantly reduces administrative overhead and maximizes funds for programmatic activities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Clothesline Inc:
- Consistent revenue growth, from $54,086 in 2014 to $134,681 in 2023.
- Zero reported liabilities across all filings, indicating strong financial health.
- No officer compensation reported, maximizing funds for programs.
- High spending efficiency, with expenses closely matching revenue (e.g., $126,511 expenses vs. $134,681 revenue in 2023).
- Positive net income in most years, contributing to asset growth.
Frequently Asked Questions about Clothesline Inc
Is Clothesline Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Clothesline Inc (EIN: 204110456) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Clothesline Inc spend its money?
Clothesline Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Clothesline Inc tax-deductible?
Clothesline Inc is registered as a tax-exempt nonprofit (EIN: 204110456). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Clothesline Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Clothesline Inc is above average for NTEE category P29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Clothesline Inc located?
Clothesline Inc is headquartered in Frankenmuth, Michigan and files with the IRS under EIN 204110456. It is classified under NTEE code P29.
How many years of IRS 990 filings does Clothesline Inc have?
Clothesline Inc has 13 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 $191K in total revenue.
Is Clothesline Inc. a good charity?
Based on its financial data, Clothesline Inc. appears to be a very good charity. It consistently operates efficiently, has no reported liabilities, and dedicates a very high percentage of its budget to its mission, with no executive compensation.
How has Clothesline Inc.'s revenue trended over time?
Clothesline Inc. has shown a strong upward trend in revenue, growing from $54,086 in 2014 to $134,681 in 2023, demonstrating consistent growth and increasing support.
What is the organization's financial stability?
The organization exhibits strong financial stability, consistently maintaining positive assets (e.g., $28,916 in 2023) and reporting $0 in liabilities across all available filings, indicating a healthy balance sheet.
Filing History
IRS 990 filing history for Clothesline Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Clothesline Inc's revenue has grown by 277.8%, moving from $36K to $135K. Total assets increased by 118.3% over the same period, from $13K to $29K. Total functional expenses rose by 260%, from $35K to $127K. In its most recent filing year (2023), Clothesline Inc reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $135K | $127K | $29K | $0 | — | View 990 |
| 2022 | $122K | $119K | $21K | $0 | — | — |
| 2021 | $107K | $108K | $17K | $0 | — | View 990 |
| 2020 | $64K | $65K | $19K | $0 | — | View 990 |
| 2019 | $101K | $98K | $19K | $0 | — | View 990 |
| 2018 | $91K | $93K | $17K | $0 | — | View 990 |
| 2017 | $84K | $83K | $18K | $0 | — | View 990 |
| 2016 | $73K | $71K | $17K | $0 | — | View 990 |
| 2015 | $64K | $66K | $15K | $0 | — | View 990 |
| 2014 | $54K | $52K | $17K | $0 | — | View 990 |
| 2013 | $53K | $53K | $15K | $0 | — | View 990 |
| 2012 | $49K | $47K | $16K | $0 | — | View 990 |
| 2011 | $36K | $35K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $135K, expenses of $127K, and assets of $29K (revenue +10.0% year-over-year).
- 2022: Revenue of $122K, expenses of $119K, and assets of $21K (revenue +14.9% year-over-year).
- 2021: Revenue of $107K, expenses of $108K, and assets of $17K (revenue +65.2% year-over-year).
- 2020: Revenue of $64K, expenses of $65K, and assets of $19K (revenue -35.9% year-over-year).
- 2019: Revenue of $101K, expenses of $98K, and assets of $19K (revenue +10.2% year-over-year).
- 2018: Revenue of $91K, expenses of $93K, and assets of $17K (revenue +8.2% year-over-year).
- 2017: Revenue of $84K, expenses of $83K, and assets of $18K (revenue +16.1% year-over-year).
- 2016: Revenue of $73K, expenses of $71K, and assets of $17K (revenue +14.3% year-over-year).
- 2015: Revenue of $64K, expenses of $66K, and assets of $15K (revenue +17.5% year-over-year).
- 2014: Revenue of $54K, expenses of $52K, and assets of $17K (revenue +2.8% year-over-year).
- 2013: Revenue of $53K, expenses of $53K, and assets of $15K (revenue +6.4% year-over-year).
- 2012: Revenue of $49K, expenses of $47K, and assets of $16K (revenue +38.7% year-over-year).
- 2011: Revenue of $36K, expenses of $35K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clothesline Inc:
Data Sources and Methodology
This transparency report for Clothesline 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.