Featherfist Development Corporation Npo
EIN: 50577776 · Chicago, IL · NTEE: L21
| Metric | Value |
|---|---|
| Total Revenue | $560K |
| Total Expenses | $830K |
| Net Assets | $750K |
Is Featherfist Development Corporation Npo Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Featherfist Development Corporation Npo
Featherfist Development Corporation Npo (EIN: 50577776) is a nonprofit organization based in Chicago, IL, classified under NTEE code L21. The organization reported total revenue of $560K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Featherfist Development Corporation Npo's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Featherfist Development Corporation Npo is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $721K |
| Total Expenses | $830K |
| Surplus / Deficit | $-109,314 |
| Total Assets | $1.2M |
| Total Liabilities | $422K |
| Net Assets | $750K |
| Operating Margin | -15.2% |
| Debt-to-Asset Ratio | 36.0% |
| Months of Reserves | 16.9 months |
Financial Health Grade: B
In 2023, Featherfist Development Corporation Npo reported a deficit of $109K with expenses exceeding revenue, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 36.0% (moderate leverage).
Financial Trends
Over 11 years of filings (2013–2023), Featherfist Development Corporation Npo's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.1% | -3.7% | -5.1% |
| 2022 | +15.2% | +13.3% | -7.2% |
| 2021 | +10.6% | +27.1% | -4.4% |
| 2020 | -23.9% | -30.7% | -10.1% |
| 2019 | -0.6% | +0.9% | -6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Featherfist Development Corporation Npo 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 Featherfist Development Corporation Npo 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 $109K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.0%.
Frequently Asked Questions about Featherfist Development Corporation Npo
Is Featherfist Development Corporation Npo a legitimate charity?
Featherfist Development Corporation Npo (EIN: 50577776) is a registered tax-exempt nonprofit based in Illinois. It has 11 years of IRS 990 filings on record. Total revenue: $560K. No red flags identified. Financial health grade: B.
How does Featherfist Development Corporation Npo spend its money?
Featherfist Development Corporation Npo reported $560K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Featherfist Development Corporation Npo tax-deductible?
Featherfist Development Corporation Npo is registered as a tax-exempt nonprofit (EIN: 50577776). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Featherfist Development Corporation Npo located?
Featherfist Development Corporation Npo is headquartered in Chicago, Illinois and files with the IRS under EIN 50577776. It is classified under NTEE code L21.
How many years of IRS 990 filings does Featherfist Development Corporation Npo have?
Featherfist Development Corporation Npo has 11 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 $560K in total revenue.
Filing History
IRS 990 filing history for Featherfist Development Corporation Npo showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Featherfist Development Corporation Npo's revenue has grown by 10.8%, moving from $651K to $721K. Total assets decreased by 46.9% over the same period, from $2.2M to $1.2M. Total functional expenses rose by 38%, from $602K to $830K. In its most recent filing year (2023), Featherfist Development Corporation Npo reported a deficit of $109K, with expenses exceeding revenue. The organization holds $422K in liabilities against $1.2M in assets (debt-to-asset ratio: 36.0%), resulting in net assets of $750K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $721K | $830K | $1.2M | $422K | — | — |
| 2022 | $839K | $862K | $1.2M | $376K | — | View 990 |
| 2021 | $728K | $761K | $1.3M | $449K | — | View 990 |
| 2020 | $659K | $599K | $1.4M | $478K | — | — |
| 2019 | $866K | $864K | $1.5M | $693K | — | View 990 |
| 2018 | $871K | $856K | $1.6M | $793K | — | View 990 |
| 2017 | $833K | $935K | $1.7M | $893K | — | View 990 |
| 2016 | $923K | $931K | $1.8M | $861K | — | View 990 |
| 2015 | $966K | $943K | $1.9M | $1000K | — | View 990 |
| 2014 | $1.1M | $1.1M | $1.9M | $1.0M | — | View 990 |
| 2013 | $651K | $602K | $2.2M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $721K, expenses of $830K, and assets of $1.2M (revenue -14.1% year-over-year).
- 2022: Revenue of $839K, expenses of $862K, and assets of $1.2M (revenue +15.2% year-over-year).
- 2021: Revenue of $728K, expenses of $761K, and assets of $1.3M (revenue +10.6% year-over-year).
- 2020: Revenue of $659K, expenses of $599K, and assets of $1.4M (revenue -23.9% year-over-year).
- 2019: Revenue of $866K, expenses of $864K, and assets of $1.5M (revenue -0.6% year-over-year).
- 2018: Revenue of $871K, expenses of $856K, and assets of $1.6M (revenue +4.6% year-over-year).
- 2017: Revenue of $833K, expenses of $935K, and assets of $1.7M (revenue -9.7% year-over-year).
- 2016: Revenue of $923K, expenses of $931K, and assets of $1.8M (revenue -4.5% year-over-year).
- 2015: Revenue of $966K, expenses of $943K, and assets of $1.9M (revenue -14.2% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $1.9M (revenue +73.0% year-over-year).
- 2013: Revenue of $651K, expenses of $602K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Featherfist Development Corporation Npo:
Data Sources and Methodology
This transparency report for Featherfist Development Corporation Npo 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.