Forever Young Incorporated
EIN: 260326536 · Collierville, TN · NTEE: E86
| Metric | Value |
|---|---|
| Total Revenue | $527K |
| Total Expenses | $417K |
| Net Assets | $237K |
Is Forever Young Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Forever Young Incorporated
Forever Young Incorporated (EIN: 260326536) is a nonprofit organization based in Collierville, TN, classified under NTEE code E86. The organization reported total revenue of $527K and total assets of $315K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forever Young Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forever Young Incorporated is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $488K |
| Total Expenses | $417K |
| Surplus / Deficit | +$72K |
| Total Assets | $237K |
| Net Assets | $237K |
| Operating Margin | 14.7% |
| Months of Reserves | 6.8 months |
Financial Health Grade: A
In 2023, Forever Young Incorporated reported a surplus of $72K with revenue exceeding expenses, holds 6.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Forever Young Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.2% | -0.3% | +43.4% |
| 2022 | -7.3% | +9.5% | -22.5% |
| 2021 | +116.3% | +69.3% | +8.8% |
| 2020 | -69.5% | -54.6% | -17.2% |
| 2019 | +37.1% | +28.6% | +85.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Forever Young Incorporated 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 Forever Young Incorporated 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 $72K, with revenue exceeding expenses.
Frequently Asked Questions about Forever Young Incorporated
Is Forever Young Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Forever Young Incorporated (EIN: 260326536) insufficient data. 0 red flags identified, 0 strengths noted.
How does Forever Young Incorporated spend its money?
Detailed spending breakdown data is not yet available for Forever Young Incorporated. Check back for updated IRS 990 analysis.
Are donations to Forever Young Incorporated tax-deductible?
Forever Young Incorporated is registered as a tax-exempt nonprofit (EIN: 260326536). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Forever Young Incorporated located?
Forever Young Incorporated is headquartered in Collierville, Tennessee and files with the IRS under EIN 260326536. It is classified under NTEE code E86.
How many years of IRS 990 filings does Forever Young Incorporated have?
Forever Young Incorporated has 13 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 $527K in total revenue.
Filing History
IRS 990 filing history for Forever Young Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Forever Young Incorporated's revenue has grown by 122.9%, moving from $219K to $488K. Total assets increased by 582.9% over the same period, from $35K to $237K. Total functional expenses rose by 94.8%, from $214K to $417K. In its most recent filing year (2023), Forever Young Incorporated reported a surplus of $72K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $488K | $417K | $237K | $0 | — | — |
| 2022 | $369K | $418K | $166K | $0 | — | View 990 |
| 2021 | $398K | $381K | $214K | $0 | — | View 990 |
| 2020 | $184K | $225K | $196K | $0 | — | View 990 |
| 2019 | $605K | $496K | $237K | $0 | — | View 990 |
| 2018 | $441K | $386K | $128K | $0 | — | View 990 |
| 2017 | $285K | $263K | $74K | $967 | — | View 990 |
| 2016 | $340K | $345K | $51K | $967 | — | View 990 |
| 2015 | $240K | $256K | $56K | $850 | — | View 990 |
| 2014 | $306K | $303K | $72K | $7K | — | View 990 |
| 2013 | $238K | $263K | $62K | $0 | — | View 990 |
| 2012 | $235K | $183K | $86K | $0 | — | View 990 |
| 2011 | $219K | $214K | $35K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $488K, expenses of $417K, and assets of $237K (revenue +32.2% year-over-year).
- 2022: Revenue of $369K, expenses of $418K, and assets of $166K (revenue -7.3% year-over-year).
- 2021: Revenue of $398K, expenses of $381K, and assets of $214K (revenue +116.3% year-over-year).
- 2020: Revenue of $184K, expenses of $225K, and assets of $196K (revenue -69.5% year-over-year).
- 2019: Revenue of $605K, expenses of $496K, and assets of $237K (revenue +37.1% year-over-year).
- 2018: Revenue of $441K, expenses of $386K, and assets of $128K (revenue +54.9% year-over-year).
- 2017: Revenue of $285K, expenses of $263K, and assets of $74K (revenue -16.2% year-over-year).
- 2016: Revenue of $340K, expenses of $345K, and assets of $51K (revenue +41.6% year-over-year).
- 2015: Revenue of $240K, expenses of $256K, and assets of $56K (revenue -21.6% year-over-year).
- 2014: Revenue of $306K, expenses of $303K, and assets of $72K (revenue +28.7% year-over-year).
- 2013: Revenue of $238K, expenses of $263K, and assets of $62K (revenue +1.2% year-over-year).
- 2012: Revenue of $235K, expenses of $183K, and assets of $86K (revenue +7.3% year-over-year).
- 2011: Revenue of $219K, expenses of $214K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forever Young Incorporated:
Data Sources and Methodology
This transparency report for Forever Young Incorporated 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.