Friends Of The Stokes Shelter Inc
EIN: 462254848 · Walnut Cove, NC · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $216K |
| Total Expenses | $146K |
| Net Assets | $609K |
Is Friends Of The Stokes Shelter Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of The Stokes Shelter Inc
Friends Of The Stokes Shelter Inc (EIN: 462254848) is a nonprofit organization based in Walnut Cove, NC, classified under NTEE code D20. The organization reported total revenue of $216K and total assets of $630K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Stokes Shelter Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The Stokes Shelter Inc is a small nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $144K |
| Total Expenses | $146K |
| Surplus / Deficit | $-2,261 |
| Total Assets | $609K |
| Net Assets | $609K |
| Operating Margin | -1.6% |
| Months of Reserves | 50.0 months |
Financial Health Grade: B
In 2023, Friends Of The Stokes Shelter Inc reported a deficit of $2K with expenses exceeding revenue, holds 50.0 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Friends Of The Stokes Shelter Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.9% | +31.2% | -0.4% |
| 2022 | +3.6% | +16.4% | +2.5% |
| 2021 | -33.1% | +28.0% | +4.6% |
| 2020 | +201.2% | +1699.2% | +23.2% |
| 2019 | +16.0% | +107.7% | +13.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friends Of The Stokes Shelter 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 Friends Of The Stokes Shelter 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:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Frequently Asked Questions about Friends Of The Stokes Shelter Inc
Is Friends Of The Stokes Shelter Inc a legitimate charity?
Friends Of The Stokes Shelter Inc (EIN: 462254848) is a registered tax-exempt nonprofit based in North Carolina. It has 11 years of IRS 990 filings on record. Total revenue: $216K. No red flags identified. Financial health grade: B.
How does Friends Of The Stokes Shelter Inc spend its money?
Friends Of The Stokes Shelter Inc reported $216K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Friends Of The Stokes Shelter Inc tax-deductible?
Friends Of The Stokes Shelter Inc is registered as a tax-exempt nonprofit (EIN: 462254848). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friends Of The Stokes Shelter Inc located?
Friends Of The Stokes Shelter Inc is headquartered in Walnut Cove, North Carolina and files with the IRS under EIN 462254848. It is classified under NTEE code D20.
How many years of IRS 990 filings does Friends Of The Stokes Shelter Inc have?
Friends Of The Stokes Shelter Inc 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 $216K in total revenue.
Filing History
IRS 990 filing history for Friends Of The Stokes Shelter Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Friends Of The Stokes Shelter Inc's revenue has grown by 159.9%, moving from $55K to $144K. Total assets increased by 1014.9% over the same period, from $55K to $609K. Total functional expenses rose by 18420.9%, from $790 to $146K. In its most recent filing year (2023), Friends Of The Stokes Shelter Inc reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $144K | $146K | $609K | $0 | — | View 990 |
| 2022 | $126K | $112K | $611K | $0 | — | View 990 |
| 2021 | $122K | $96K | $597K | $0 | — | — |
| 2020 | $182K | $75K | $570K | $0 | — | View 990 |
| 2019 | $61K | $4K | $463K | $0 | — | View 990 |
| 2018 | $52K | $2K | $406K | $0 | — | View 990 |
| 2017 | $107K | $130 | $356K | $0 | — | View 990 |
| 2016 | $59K | $1K | $250K | $0 | — | View 990 |
| 2015 | $92K | $179 | $192K | $0 | — | View 990 |
| 2014 | $47K | $1K | $100K | $0 | — | View 990 |
| 2013 | $55K | $790 | $55K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $144K, expenses of $146K, and assets of $609K (revenue +13.9% year-over-year).
- 2022: Revenue of $126K, expenses of $112K, and assets of $611K (revenue +3.6% year-over-year).
- 2021: Revenue of $122K, expenses of $96K, and assets of $597K (revenue -33.1% year-over-year).
- 2020: Revenue of $182K, expenses of $75K, and assets of $570K (revenue +201.2% year-over-year).
- 2019: Revenue of $61K, expenses of $4K, and assets of $463K (revenue +16.0% year-over-year).
- 2018: Revenue of $52K, expenses of $2K, and assets of $406K (revenue -51.1% year-over-year).
- 2017: Revenue of $107K, expenses of $130, and assets of $356K (revenue +80.9% year-over-year).
- 2016: Revenue of $59K, expenses of $1K, and assets of $250K (revenue -35.7% year-over-year).
- 2015: Revenue of $92K, expenses of $179, and assets of $192K (revenue +96.3% year-over-year).
- 2014: Revenue of $47K, expenses of $1K, and assets of $100K (revenue -15.7% year-over-year).
- 2013: Revenue of $55K, expenses of $790, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of The Stokes Shelter Inc:
Data Sources and Methodology
This transparency report for Friends Of The Stokes Shelter 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.