Erase Ptsd Now
EIN: 263006397 · Chicago, IL · NTEE: H80
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $938K |
| Net Assets | $708K |
Is Erase Ptsd Now Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Erase Ptsd Now
Erase Ptsd Now (EIN: 263006397) is a nonprofit organization based in Chicago, IL, classified under NTEE code H80. The organization reported total revenue of $2.2M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Erase Ptsd Now's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Erase Ptsd Now is a mid-size nonprofit that has been operating for 17 years, with 7 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 25.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $244K |
| Total Expenses | $938K |
| Surplus / Deficit | $-693,888 |
| Total Assets | $708K |
| Net Assets | $708K |
| Operating Margin | -284.5% |
| Months of Reserves | 9.1 months |
Financial Health Grade: B
In 2023, Erase Ptsd Now reported a deficit of $694K with expenses exceeding revenue, holds 9.1 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2016–2023), Erase Ptsd Now's revenue has grown at a compound annual growth rate (CAGR) of 25.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +563.5% | -40.9% | -49.5% |
| 2022 | -98.8% | +1445.4% | -52.5% |
| 2021 | +6719.7% | +31.2% | +24609.7% |
| 2020 | -28.6% | +238.6% | -73.8% |
| 2019 | -47.5% | -82.3% | +24.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Erase Ptsd Now 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 Erase Ptsd Now 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 $694K, with expenses exceeding revenue.
Frequently Asked Questions about Erase Ptsd Now
Is Erase Ptsd Now a legitimate charity?
Erase Ptsd Now (EIN: 263006397) is a registered tax-exempt nonprofit based in Illinois. It has 7 years of IRS 990 filings on record. Total revenue: $2.2M. No red flags identified. Financial health grade: B.
How does Erase Ptsd Now spend its money?
Erase Ptsd Now reported $2.2M in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Erase Ptsd Now tax-deductible?
Erase Ptsd Now is registered as a tax-exempt nonprofit (EIN: 263006397). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Erase Ptsd Now located?
Erase Ptsd Now is headquartered in Chicago, Illinois and files with the IRS under EIN 263006397. It is classified under NTEE code H80.
How many years of IRS 990 filings does Erase Ptsd Now have?
Erase Ptsd Now has 7 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 $2.2M in total revenue.
Filing History
IRS 990 filing history for Erase Ptsd Now showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2023), Erase Ptsd Now's revenue has grown by 377.3%, moving from $51K to $244K. Total assets increased by 1374.5% over the same period, from $48K to $708K. Total functional expenses rose by 20528%, from $5K to $938K. In its most recent filing year (2023), Erase Ptsd Now reported a deficit of $694K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $244K | $938K | $708K | $0 | — | — |
| 2022 | $37K | $1.6M | $1.4M | $0 | — | View 990 |
| 2021 | $3.0M | $103K | $3.0M | $0 | — | View 990 |
| 2020 | $45K | $78K | $12K | $0 | — | — |
| 2019 | $62K | $23K | $46K | $0 | — | View 990 |
| 2017 | $119K | $130K | $37K | $0 | — | View 990 |
| 2016 | $51K | $5K | $48K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $244K, expenses of $938K, and assets of $708K (revenue +563.5% year-over-year).
- 2022: Revenue of $37K, expenses of $1.6M, and assets of $1.4M (revenue -98.8% year-over-year).
- 2021: Revenue of $3.0M, expenses of $103K, and assets of $3.0M (revenue +6719.7% year-over-year).
- 2020: Revenue of $45K, expenses of $78K, and assets of $12K (revenue -28.6% year-over-year).
- 2019: Revenue of $62K, expenses of $23K, and assets of $46K (revenue -47.5% year-over-year).
- 2017: Revenue of $119K, expenses of $130K, and assets of $37K (revenue +133.0% year-over-year).
- 2016: Revenue of $51K, expenses of $5K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Erase Ptsd Now:
Data Sources and Methodology
This transparency report for Erase Ptsd Now 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.