East Ridge Needy Child Fund
EIN: 821893459 · Chattanooga, TN · NTEE: P58
| Metric | Value |
|---|---|
| Total Revenue | $97K |
| Total Expenses | $33K |
| Net Assets | $211K |
Is East Ridge Needy Child Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About East Ridge Needy Child Fund
East Ridge Needy Child Fund (EIN: 821893459) is a nonprofit organization based in Chattanooga, TN, classified under NTEE code P58. The organization reported total revenue of $97K and total assets of $305K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of East Ridge Needy Child Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
East Ridge Needy Child Fund is a micro nonprofit that has been operating for 9 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $75K |
| Total Expenses | $33K |
| Surplus / Deficit | +$42K |
| Total Assets | $256K |
| Total Liabilities | $45K |
| Net Assets | $211K |
| Operating Margin | 56.2% |
| Debt-to-Asset Ratio | 17.5% |
| Months of Reserves | 93.6 months |
Financial Health Grade: A
In 2023, East Ridge Needy Child Fund reported a surplus of $42K with revenue exceeding expenses, holds 93.6 months of operating reserves (strong position), has a debt-to-asset ratio of 17.5% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), East Ridge Needy Child Fund's revenue has declined at a compound annual growth rate (CAGR) of -10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.8% | -65.5% | +13.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for East Ridge Needy Child Fund 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 East Ridge Needy Child Fund 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 $42K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.5%.
Frequently Asked Questions about East Ridge Needy Child Fund
Is East Ridge Needy Child Fund a legitimate charity?
East Ridge Needy Child Fund (EIN: 821893459) is a registered tax-exempt nonprofit based in Tennessee. It has 2 years of IRS 990 filings on record. Total revenue: $97K. No red flags identified. Financial health grade: A.
How does East Ridge Needy Child Fund spend its money?
East Ridge Needy Child Fund reported $97K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to East Ridge Needy Child Fund tax-deductible?
East Ridge Needy Child Fund is registered as a tax-exempt nonprofit (EIN: 821893459). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is East Ridge Needy Child Fund located?
East Ridge Needy Child Fund is headquartered in Chattanooga, Tennessee and files with the IRS under EIN 821893459. It is classified under NTEE code P58.
How many years of IRS 990 filings does East Ridge Needy Child Fund have?
East Ridge Needy Child Fund 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 $97K in total revenue.
Filing History
IRS 990 filing history for East Ridge Needy Child Fund showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), East Ridge Needy Child Fund's revenue has declined by 10.8%, moving from $84K to $75K. Total assets increased by 13.5% over the same period, from $225K to $256K. Total functional expenses fell by 65.5%, from $95K to $33K. In its most recent filing year (2023), East Ridge Needy Child Fund reported a surplus of $42K, with revenue exceeding expenses. The organization holds $45K in liabilities against $256K in assets (debt-to-asset ratio: 17.5%), resulting in net assets of $211K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $75K | $33K | $256K | $45K | — | — |
| 2022 | $84K | $95K | $225K | $50K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for East Ridge Needy Child Fund:
Data Sources and Methodology
This transparency report for East Ridge Needy Child Fund 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.