Debusk Enrichment Center Of Texas
EIN: 824711738 · Houston, TX · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $793K |
| Total Expenses | $756K |
| Net Assets | $142K |
Is Debusk Enrichment Center Of Texas Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Debusk Enrichment Center Of Texas
Debusk Enrichment Center Of Texas (EIN: 824711738) is a nonprofit organization based in Houston, TX, classified under NTEE code O50. The organization reported total revenue of $793K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Debusk Enrichment Center Of Texas's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Debusk Enrichment Center Of Texas is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 17.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $724K |
| Total Expenses | $756K |
| Surplus / Deficit | $-31,721 |
| Total Assets | $143K |
| Total Liabilities | $857 |
| Net Assets | $142K |
| Operating Margin | -4.4% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 2.3 months |
Financial Health Grade: C
In 2023, Debusk Enrichment Center Of Texas reported a deficit of $32K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Debusk Enrichment Center Of Texas's revenue has grown at a compound annual growth rate (CAGR) of 17.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.0% | +7.6% | -17.9% |
| 2022 | +4.1% | +24.8% | +4.6% |
| 2021 | +52.3% | +38.4% | -53.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Debusk Enrichment Center Of Texas 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 Debusk Enrichment Center Of Texas 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 $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Debusk Enrichment Center Of Texas
Is Debusk Enrichment Center Of Texas a legitimate charity?
Debusk Enrichment Center Of Texas (EIN: 824711738) is a registered tax-exempt nonprofit based in Texas. It has 4 years of IRS 990 filings on record. Total revenue: $793K. No red flags identified. Financial health grade: C.
How does Debusk Enrichment Center Of Texas spend its money?
Debusk Enrichment Center Of Texas reported $793K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Debusk Enrichment Center Of Texas tax-deductible?
Debusk Enrichment Center Of Texas is registered as a tax-exempt nonprofit (EIN: 824711738). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Debusk Enrichment Center Of Texas located?
Debusk Enrichment Center Of Texas is headquartered in Houston, Texas and files with the IRS under EIN 824711738. It is classified under NTEE code O50.
How many years of IRS 990 filings does Debusk Enrichment Center Of Texas have?
Debusk Enrichment Center Of Texas has 4 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 $793K in total revenue.
Filing History
IRS 990 filing history for Debusk Enrichment Center Of Texas showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Debusk Enrichment Center Of Texas's revenue has grown by 61.6%, moving from $448K to $724K. Total assets decreased by 60.2% over the same period, from $358K to $143K. Total functional expenses rose by 86%, from $406K to $756K. In its most recent filing year (2023), Debusk Enrichment Center Of Texas reported a deficit of $32K, with expenses exceeding revenue. The organization holds $857 in liabilities against $143K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $142K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $724K | $756K | $143K | $857 | — | View 990 |
| 2022 | $710K | $702K | $174K | $294 | — | View 990 |
| 2021 | $682K | $562K | $166K | $280 | — | View 990 |
| 2020 | $448K | $406K | $358K | $317K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $724K, expenses of $756K, and assets of $143K (revenue +2.0% year-over-year).
- 2022: Revenue of $710K, expenses of $702K, and assets of $174K (revenue +4.1% year-over-year).
- 2021: Revenue of $682K, expenses of $562K, and assets of $166K (revenue +52.3% year-over-year).
- 2020: Revenue of $448K, expenses of $406K, and assets of $358K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Debusk Enrichment Center Of Texas:
Data Sources and Methodology
This transparency report for Debusk Enrichment Center Of Texas 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.