First Addition Extension
EIN: 834422223 · Zeeland, MI · NTEE: B90
About First Addition Extension
First Addition Extension (EIN: 834422223) is a nonprofit organization based in Zeeland, MI, classified under NTEE code B90. The organization reported total revenue of $450K and total assets of $261K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Addition Extension's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for First Addition Extension 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 First Addition Extension 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.
Filing History
IRS 990 filing history for First Addition Extension showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), First Addition Extension's revenue has grown by 78%, moving from $210K to $373K. Total assets increased by 135.3% over the same period, from $67K to $158K. Total functional expenses rose by 126.7%, from $161K to $364K. In its most recent filing year (2023), First Addition Extension reported a surplus of $9K, with revenue exceeding expenses. The organization holds $74K in liabilities against $158K in assets (debt-to-asset ratio: 46.8%), resulting in net assets of $84K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $373K | $364K | $158K | $74K | — | View 990 |
| 2022 | $305K | $296K | $103K | $27K | — | View 990 |
| 2021 | $211K | $193K | $92K | $26K | — | View 990 |
| 2020 | $210K | $161K | $67K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $373K, expenses of $364K, and assets of $158K (revenue +22.2% year-over-year).
- 2022: Revenue of $305K, expenses of $296K, and assets of $103K (revenue +44.8% year-over-year).
- 2021: Revenue of $211K, expenses of $193K, and assets of $92K (revenue +0.5% year-over-year).
- 2020: Revenue of $210K, expenses of $161K, and assets of $67K.
Data Sources and Methodology
This transparency report for First Addition Extension 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.