Founderorg Inc
EIN: 461218553 · Wilmington, DE · NTEE: B05
| Metric | Value |
|---|---|
| Total Revenue | $587K |
| Total Expenses | $548K |
| Net Assets | $15.6M |
Is Founderorg Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Founderorg Inc
Founderorg Inc (EIN: 461218553) is a nonprofit organization based in Wilmington, DE, classified under NTEE code B05. The organization reported total revenue of $587K and total assets of $14.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Founderorg Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Founderorg Inc is a small nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2013–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -751.0% | -43.1% | -21.5% |
| 2022 | -98.9% | +220.1% | -3.9% |
| 2019 | -113.3% | -95.2% | -8.6% |
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 Founderorg Inc 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 Founderorg Inc 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:
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Founderorg Inc
Is Founderorg Inc a legitimate charity?
Founderorg Inc (EIN: 461218553) is a registered tax-exempt nonprofit based in Delaware. It has 8 years of IRS 990 filings on record. Total revenue: $587K. No red flags identified. Financial health grade: B.
How does Founderorg Inc spend its money?
Founderorg Inc reported $587K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Founderorg Inc tax-deductible?
Founderorg Inc is registered as a tax-exempt nonprofit (EIN: 461218553). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Founderorg Inc located?
Founderorg Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 461218553. It is classified under NTEE code B05.
How many years of IRS 990 filings does Founderorg Inc have?
Founderorg Inc has 8 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 $587K in total revenue.
Filing History
IRS 990 filing history for Founderorg Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2013–2023), Founderorg Inc's revenue has declined by 134.5%, moving from $1.7M to $-594,049. Total assets increased by 3937.5% over the same period, from $388K to $15.7M. Total functional expenses fell by 61.5%, from $1.4M to $548K. The organization holds $42K in liabilities against $15.7M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $15.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-594,049 | $548K | $15.7M | $42K | — | — |
| 2022 | $91K | $962K | $20.0M | $63K | — | View 990 |
| 2021 | $8.1M | $300K | $20.8M | $35 | — | View 990 |
| 2020 | $-1,700,364 | $66K | $13.0M | $34 | — | — |
| 2019 | $-1,465,378 | $145K | $14.8M | $73 | — | View 990 |
| 2015 | $11.0M | $3.0M | $16.2M | $51K | — | View 990 |
| 2014 | $8.6M | $1.8M | $8.1M | $3K | — | View 990 |
| 2013 | $1.7M | $1.4M | $388K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-594,049, expenses of $548K, and assets of $15.7M (revenue -751.0% year-over-year).
- 2022: Revenue of $91K, expenses of $962K, and assets of $20.0M (revenue -98.9% year-over-year).
- 2021: Revenue of $8.1M, expenses of $300K, and assets of $20.8M.
- 2020: Revenue of $-1,700,364, expenses of $66K, and assets of $13.0M.
- 2019: Revenue of $-1,465,378, expenses of $145K, and assets of $14.8M (revenue -113.3% year-over-year).
- 2015: Revenue of $11.0M, expenses of $3.0M, and assets of $16.2M (revenue +28.2% year-over-year).
- 2014: Revenue of $8.6M, expenses of $1.8M, and assets of $8.1M (revenue +398.2% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.4M, and assets of $388K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Founderorg Inc:
Data Sources and Methodology
This transparency report for Founderorg Inc 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.