Code313 Inc
EIN: 833348532 · Detroit, MI · NTEE: B80
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $591K |
| Net Assets | $139K |
Is Code313 Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Code313 Inc
Code313 Inc (EIN: 833348532) is a nonprofit organization based in Detroit, MI, classified under NTEE code B80. The organization reported total revenue of $1.2M and total assets of $260K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Code313 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Code313 Inc is a mid-size nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 30.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $630K |
| Total Expenses | $591K |
| Surplus / Deficit | +$39K |
| Total Assets | $142K |
| Total Liabilities | $2K |
| Net Assets | $139K |
| Operating Margin | 6.2% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 2.9 months |
Financial Health Grade: A
In 2023, Code313 Inc reported a surplus of $39K with revenue exceeding expenses, holds 2.9 months of operating reserves (limited), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Code313 Inc's revenue has grown at a compound annual growth rate (CAGR) of 30.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.8% | +58.8% | +14.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Code313 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 Code313 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 $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.5%.
Frequently Asked Questions about Code313 Inc
Is Code313 Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Code313 Inc (EIN: 833348532) insufficient data. 0 red flags identified, 0 strengths noted.
How does Code313 Inc spend its money?
Detailed spending breakdown data is not yet available for Code313 Inc. Check back for updated IRS 990 analysis.
Are donations to Code313 Inc tax-deductible?
Code313 Inc is registered as a tax-exempt nonprofit (EIN: 833348532). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Code313 Inc located?
Code313 Inc is headquartered in Detroit, Michigan and files with the IRS under EIN 833348532. It is classified under NTEE code B80.
How many years of IRS 990 filings does Code313 Inc have?
Code313 Inc 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Code313 Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Code313 Inc's revenue has grown by 30.8%, moving from $482K to $630K. Total assets increased by 14.4% over the same period, from $124K to $142K. Total functional expenses rose by 58.8%, from $372K to $591K. In its most recent filing year (2023), Code313 Inc reported a surplus of $39K, with revenue exceeding expenses. The organization holds $2K in liabilities against $142K in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $139K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $630K | $591K | $142K | $2K | — | — |
| 2022 | $482K | $372K | $124K | $14K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Code313 Inc:
Data Sources and Methodology
This transparency report for Code313 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.