Feel The Beat Corp
EIN: 813976702 · Denver, CO · NTEE: A62
| Metric | Value |
|---|---|
| Total Revenue | $762K |
| Total Expenses | $331K |
| Net Assets | $136K |
Is Feel The Beat Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Feel The Beat Corp
Feel The Beat Corp (EIN: 813976702) is a nonprofit organization based in Denver, CO, classified under NTEE code A62. The organization reported total revenue of $762K and total assets of $288K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Feel The Beat Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Feel The Beat Corp is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 37.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $380K |
| Total Expenses | $331K |
| Surplus / Deficit | +$48K |
| Total Assets | $188K |
| Total Liabilities | $52K |
| Net Assets | $136K |
| Operating Margin | 12.8% |
| Debt-to-Asset Ratio | 27.6% |
| Months of Reserves | 6.8 months |
Financial Health Grade: A
In 2023, Feel The Beat Corp reported a surplus of $48K with revenue exceeding expenses, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 27.6% (moderate leverage).
Financial Trends
Over 7 years of filings (2017–2023), Feel The Beat Corp's revenue has grown at a compound annual growth rate (CAGR) of 37.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +66.9% | +97.5% | +32.4% |
| 2022 | +67.9% | +6.6% | +69.5% |
| 2021 | +7.7% | +5.1% | -31.5% |
| 2020 | +34.5% | +70.2% | +66.3% |
| 2019 | +0.2% | +45.2% | +8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Feel The Beat Corp 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 Feel The Beat Corp 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 $48K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.6%.
Frequently Asked Questions about Feel The Beat Corp
Is Feel The Beat Corp a legitimate charity?
Feel The Beat Corp (EIN: 813976702) is a registered tax-exempt nonprofit based in Colorado. It has 7 years of IRS 990 filings on record. Total revenue: $762K. No red flags identified. Financial health grade: A.
How does Feel The Beat Corp spend its money?
Feel The Beat Corp reported $762K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Feel The Beat Corp tax-deductible?
Feel The Beat Corp is registered as a tax-exempt nonprofit (EIN: 813976702). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Feel The Beat Corp located?
Feel The Beat Corp is headquartered in Denver, Colorado and files with the IRS under EIN 813976702. It is classified under NTEE code A62.
How many years of IRS 990 filings does Feel The Beat Corp have?
Feel The Beat Corp 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 $762K in total revenue.
Filing History
IRS 990 filing history for Feel The Beat Corp showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Feel The Beat Corp's revenue has grown by 563.3%, moving from $57K to $380K. Total assets increased by 435% over the same period, from $35K to $188K. Total functional expenses rose by 1396.8%, from $22K to $331K. In its most recent filing year (2023), Feel The Beat Corp reported a surplus of $48K, with revenue exceeding expenses. The organization holds $52K in liabilities against $188K in assets (debt-to-asset ratio: 27.6%), resulting in net assets of $136K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $380K | $331K | $188K | $52K | — | View 990 |
| 2022 | $227K | $168K | $142K | $54K | — | View 990 |
| 2021 | $135K | $157K | $84K | $56K | — | — |
| 2020 | $126K | $150K | $122K | $73K | — | View 990 |
| 2019 | $94K | $88K | $73K | $0 | — | View 990 |
| 2018 | $93K | $61K | $68K | $0 | — | View 990 |
| 2017 | $57K | $22K | $35K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $380K, expenses of $331K, and assets of $188K (revenue +66.9% year-over-year).
- 2022: Revenue of $227K, expenses of $168K, and assets of $142K (revenue +67.9% year-over-year).
- 2021: Revenue of $135K, expenses of $157K, and assets of $84K (revenue +7.7% year-over-year).
- 2020: Revenue of $126K, expenses of $150K, and assets of $122K (revenue +34.5% year-over-year).
- 2019: Revenue of $94K, expenses of $88K, and assets of $73K (revenue +0.2% year-over-year).
- 2018: Revenue of $93K, expenses of $61K, and assets of $68K (revenue +63.1% year-over-year).
- 2017: Revenue of $57K, expenses of $22K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Feel The Beat Corp:
Data Sources and Methodology
This transparency report for Feel The Beat Corp 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.