Eleven Eleven Enterprises Llc
Eleven Eleven Enterprises Llc reports significant revenue growth and a substantial surplus in 2023, with no officer compensation.
EIN: 203572962 · Marco Island, FL · NTEE: X83 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.0M |
| Total Expenses | $1.5M |
| Program Spending | 70% |
| Net Assets | $4.0M |
| Transparency Score | 75/100 |
Is Eleven Eleven Enterprises Llc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eleven Eleven Enterprises Llc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Eleven Eleven Enterprises Llc
Eleven Eleven Enterprises Llc (EIN: 203572962) is a nonprofit organization based in Marco Island, FL, classified under NTEE code X83. The organization reported total revenue of $5.0M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eleven Eleven Enterprises Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eleven Eleven Enterprises Llc is a mid-size 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 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$2.2M |
| Total Assets | $4.0M |
| Total Liabilities | $50K |
| Net Assets | $4.0M |
| Operating Margin | 58.2% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 31.3 months |
Financial Health Grade: A
In 2023, Eleven Eleven Enterprises Llc reported a surplus of $2.2M with revenue exceeding expenses, holds 31.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Eleven Eleven Enterprises Llc's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +178.6% | +11.0% | +9.8% |
| 2022 | -19.6% | +7.0% | +72.0% |
| 2021 | +20.3% | -10.8% | +32.4% |
| 2020 | -22.7% | -24.0% | -6.4% |
| 2019 | -12.4% | -8.5% | -8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| 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 Eleven Eleven Enterprises Llc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Eleven Eleven Enterprises Llc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating either a volunteer-led organization or that executive salaries are not categorized as officer compensation, which is a positive sign for resource allocation to mission-related 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.
Red Flags
The following concerns were identified during AI analysis of Eleven Eleven Enterprises Llc's IRS 990 filings:
- Vague NTEE code ('Other, General') makes mission assessment difficult
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for Eleven Eleven Enterprises Llc:
- Strong financial health with growing assets ($4,026,332 in 2023) and low liabilities ($50,195 in 2023)
- Consistent reporting of 0% officer compensation, indicating good governance regarding executive pay
- Significant revenue surplus in the latest filing ($3,695,792 revenue vs. $1,544,529 expenses in 2023)
- Positive trend in net assets over time
Frequently Asked Questions about Eleven Eleven Enterprises Llc
Is Eleven Eleven Enterprises Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Eleven Eleven Enterprises Llc (EIN: 203572962) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Eleven Eleven Enterprises Llc spend its money?
Eleven Eleven Enterprises Llc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eleven Eleven Enterprises Llc tax-deductible?
Eleven Eleven Enterprises Llc is registered as a tax-exempt nonprofit (EIN: 203572962). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Eleven Eleven Enterprises Llc's spending goes to programs?
Eleven Eleven Enterprises Llc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Eleven Eleven Enterprises Llc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Eleven Eleven Enterprises Llc is above average for NTEE category X83 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Eleven Eleven Enterprises Llc located?
Eleven Eleven Enterprises Llc is headquartered in Marco Island, Florida and files with the IRS under EIN 203572962. It is classified under NTEE code X83.
How many years of IRS 990 filings does Eleven Eleven Enterprises Llc have?
Eleven Eleven Enterprises Llc 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 $5.0M in total revenue.
What specific programs does Eleven Eleven Enterprises Llc operate given its 'Other, General' NTEE code?
The provided data does not specify the programs or mission activities of Eleven Eleven Enterprises Llc, as its NTEE code X83 is 'Other, General.' Further investigation into their public disclosures or website would be necessary to understand their specific work.
How does Eleven Eleven Enterprises Llc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization may be entirely volunteer-run at the executive level, or that executive salaries are reported under other expense categories, which would require further clarification from their detailed IRS Form 990.
What caused the significant increase in revenue from $1,326,535 in 2022 to $3,695,792 in 2023?
The provided data does not detail the sources of revenue, so the specific reasons for the substantial increase in 2023 revenue are unclear. It could be due to a major grant, a successful fundraising campaign, or a change in operational model.
Filing History
IRS 990 filing history for Eleven Eleven Enterprises Llc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eleven Eleven Enterprises Llc's revenue has grown by 91.7%, moving from $1.9M to $3.7M. Total assets increased by 101.4% over the same period, from $2.0M to $4.0M. Total functional expenses rose by 61.9%, from $954K to $1.5M. In its most recent filing year (2023), Eleven Eleven Enterprises Llc reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $50K in liabilities against $4.0M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $1.5M | $4.0M | $50K | — | View 990 |
| 2022 | $1.3M | $1.4M | $3.7M | $1.8M | — | View 990 |
| 2021 | $1.6M | $1.3M | $2.1M | $242K | — | View 990 |
| 2020 | $1.4M | $1.5M | $1.6M | $69K | — | — |
| 2019 | $1.8M | $1.9M | $1.7M | $96K | — | View 990 |
| 2018 | $2.0M | $2.1M | $1.9M | $107K | — | View 990 |
| 2017 | $1.8M | $1.9M | $1.9M | $59K | — | View 990 |
| 2016 | $1.4M | $1.6M | $1.9M | $83K | — | View 990 |
| 2015 | $1.6M | $1.5M | $2.1M | $45K | — | View 990 |
| 2014 | $1.2M | $1.3M | $2.0M | $46K | — | View 990 |
| 2013 | $1.2M | $1.2M | $2.1M | $50K | — | View 990 |
| 2012 | $1.1M | $1.1M | $2.1M | $26K | — | View 990 |
| 2011 | $1.9M | $954K | $2.0M | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7M, expenses of $1.5M, and assets of $4.0M (revenue +178.6% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.4M, and assets of $3.7M (revenue -19.6% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.3M, and assets of $2.1M (revenue +20.3% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.5M, and assets of $1.6M (revenue -22.7% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.9M, and assets of $1.7M (revenue -12.4% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.1M, and assets of $1.9M (revenue +10.7% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.9M, and assets of $1.9M (revenue +31.4% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.6M, and assets of $1.9M (revenue -12.8% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.5M, and assets of $2.1M (revenue +29.3% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.3M, and assets of $2.0M (revenue +2.7% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $2.1M (revenue +6.9% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $2.1M (revenue -41.7% year-over-year).
- 2011: Revenue of $1.9M, expenses of $954K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eleven Eleven Enterprises Llc:
Data Sources and Methodology
This transparency report for Eleven Eleven Enterprises Llc 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.