Fitms Neurobalance Center Nfp
EIN: 273849152 · Barrington, IL · NTEE: E50
| Metric | Value |
|---|---|
| Total Revenue | $877K |
| Total Expenses | $888K |
| Net Assets | $4.4M |
Is Fitms Neurobalance Center Nfp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fitms Neurobalance Center Nfp
Fitms Neurobalance Center Nfp (EIN: 273849152) is a nonprofit organization based in Barrington, IL, classified under NTEE code E50. The organization reported total revenue of $877K and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fitms Neurobalance Center Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fitms Neurobalance Center Nfp is a small nonprofit that has been operating for 15 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 24.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $506K |
| Total Expenses | $888K |
| Surplus / Deficit | $-381,973 |
| Total Assets | $4.5M |
| Total Liabilities | $55K |
| Net Assets | $4.4M |
| Operating Margin | -75.5% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 60.6 months |
Financial Health Grade: B
In 2023, Fitms Neurobalance Center Nfp reported a deficit of $382K with expenses exceeding revenue, holds 60.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Fitms Neurobalance Center Nfp's revenue has grown at a compound annual growth rate (CAGR) of 24.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.8% | +45.8% | -8.1% |
| 2022 | +66.0% | -12.9% | +6.9% |
| 2021 | -61.2% | +12.0% | -3.6% |
| 2020 | +84.4% | +29.9% | +18.9% |
| 2019 | +59.8% | -6.0% | +7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fitms Neurobalance Center Nfp 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 Fitms Neurobalance Center Nfp 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 $382K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Fitms Neurobalance Center Nfp
Is Fitms Neurobalance Center Nfp a legitimate charity?
Based on AI analysis of IRS 990 filings, Fitms Neurobalance Center Nfp (EIN: 273849152) insufficient data. 0 red flags identified, 0 strengths noted.
How does Fitms Neurobalance Center Nfp spend its money?
Detailed spending breakdown data is not yet available for Fitms Neurobalance Center Nfp. Check back for updated IRS 990 analysis.
Are donations to Fitms Neurobalance Center Nfp tax-deductible?
Fitms Neurobalance Center Nfp is registered as a tax-exempt nonprofit (EIN: 273849152). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fitms Neurobalance Center Nfp located?
Fitms Neurobalance Center Nfp is headquartered in Barrington, Illinois and files with the IRS under EIN 273849152. It is classified under NTEE code E50.
How many years of IRS 990 filings does Fitms Neurobalance Center Nfp have?
Fitms Neurobalance Center Nfp 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 $877K in total revenue.
Filing History
IRS 990 filing history for Fitms Neurobalance Center Nfp showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Fitms Neurobalance Center Nfp's revenue has grown by 788.6%, moving from $57K to $506K. Total assets increased by 6757.1% over the same period, from $65K to $4.5M. Total functional expenses rose by 4426%, from $20K to $888K. In its most recent filing year (2023), Fitms Neurobalance Center Nfp reported a deficit of $382K, with expenses exceeding revenue. The organization holds $55K in liabilities against $4.5M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $506K | $888K | $4.5M | $55K | — | View 990 |
| 2022 | $885K | $609K | $4.9M | $67K | — | View 990 |
| 2021 | $533K | $699K | $4.6M | $29K | — | View 990 |
| 2020 | $1.4M | $624K | $4.7M | $31K | — | — |
| 2019 | $745K | $481K | $4.0M | $27K | — | View 990 |
| 2018 | $466K | $511K | $3.7M | $18K | — | View 990 |
| 2017 | $899K | $276K | $3.7M | $11K | — | View 990 |
| 2016 | $2.9M | $104K | $3.0M | $10K | — | View 990 |
| 2015 | $174K | $77K | $206K | $812 | — | View 990 |
| 2014 | $91K | $48K | $109K | $668 | — | View 990 |
| 2013 | $57K | $20K | $65K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $506K, expenses of $888K, and assets of $4.5M (revenue -42.8% year-over-year).
- 2022: Revenue of $885K, expenses of $609K, and assets of $4.9M (revenue +66.0% year-over-year).
- 2021: Revenue of $533K, expenses of $699K, and assets of $4.6M (revenue -61.2% year-over-year).
- 2020: Revenue of $1.4M, expenses of $624K, and assets of $4.7M (revenue +84.4% year-over-year).
- 2019: Revenue of $745K, expenses of $481K, and assets of $4.0M (revenue +59.8% year-over-year).
- 2018: Revenue of $466K, expenses of $511K, and assets of $3.7M (revenue -48.1% year-over-year).
- 2017: Revenue of $899K, expenses of $276K, and assets of $3.7M (revenue -69.1% year-over-year).
- 2016: Revenue of $2.9M, expenses of $104K, and assets of $3.0M (revenue +1572.2% year-over-year).
- 2015: Revenue of $174K, expenses of $77K, and assets of $206K (revenue +90.7% year-over-year).
- 2014: Revenue of $91K, expenses of $48K, and assets of $109K (revenue +60.3% year-over-year).
- 2013: Revenue of $57K, expenses of $20K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fitms Neurobalance Center Nfp:
Data Sources and Methodology
This transparency report for Fitms Neurobalance Center Nfp 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.