Gabbys Ladder Inc
EIN: 383564824 · Monroe, MI · NTEE: F30
| Metric | Value |
|---|---|
| Total Revenue | $472K |
| Total Expenses | $272K |
| Net Assets | $1.7M |
Is Gabbys Ladder Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gabbys Ladder Inc
Gabbys Ladder Inc (EIN: 383564824) is a nonprofit organization based in Monroe, MI, classified under NTEE code F30. The organization reported total revenue of $472K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gabbys Ladder Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gabbys Ladder Inc is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $263K |
| Total Expenses | $272K |
| Surplus / Deficit | $-8,929 |
| Total Assets | $1.7M |
| Total Liabilities | $29K |
| Net Assets | $1.7M |
| Operating Margin | -3.4% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 74.3 months |
Financial Health Grade: B
In 2023, Gabbys Ladder Inc reported a deficit of $9K with expenses exceeding revenue, holds 74.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Gabbys Ladder Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.4% | +27.8% | +12.6% |
| 2022 | +40.0% | +30.3% | +12.4% |
| 2021 | +20.4% | +54.7% | +7.6% |
| 2020 | +65.5% | -1.3% | +25.6% |
| 2019 | -53.0% | +4.8% | +8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gabbys Ladder 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 Gabbys Ladder 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 $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.7%.
Frequently Asked Questions about Gabbys Ladder Inc
Is Gabbys Ladder Inc a legitimate charity?
Gabbys Ladder Inc (EIN: 383564824) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $472K. No red flags identified. Financial health grade: B.
How does Gabbys Ladder Inc spend its money?
Gabbys Ladder Inc reported $472K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gabbys Ladder Inc tax-deductible?
Gabbys Ladder Inc is registered as a tax-exempt nonprofit (EIN: 383564824). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gabbys Ladder Inc located?
Gabbys Ladder Inc is headquartered in Monroe, Michigan and files with the IRS under EIN 383564824. It is classified under NTEE code F30.
How many years of IRS 990 filings does Gabbys Ladder Inc have?
Gabbys Ladder Inc 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 $472K in total revenue.
Filing History
IRS 990 filing history for Gabbys Ladder Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gabbys Ladder Inc's revenue has grown by 153.9%, moving from $103K to $263K. Total assets increased by 550.3% over the same period, from $258K to $1.7M. Total functional expenses rose by 366.9%, from $58K to $272K. In its most recent filing year (2023), Gabbys Ladder Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $29K in liabilities against $1.7M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $263K | $272K | $1.7M | $29K | — | — |
| 2022 | $508K | $212K | $1.5M | $22K | — | View 990 |
| 2021 | $363K | $163K | $1.3M | $14K | — | View 990 |
| 2020 | $302K | $105K | $1.2M | $0 | — | View 990 |
| 2019 | $182K | $107K | $983K | $0 | — | View 990 |
| 2018 | $388K | $102K | $907K | $0 | — | View 990 |
| 2017 | $141K | $89K | $559K | $0 | — | View 990 |
| 2016 | $130K | $81K | $496K | $0 | — | View 990 |
| 2015 | $157K | $83K | $447K | $0 | — | View 990 |
| 2014 | $117K | $81K | $373K | $0 | — | View 990 |
| 2013 | $119K | $71K | $338K | $0 | — | View 990 |
| 2012 | $98K | $67K | $290K | $0 | — | View 990 |
| 2011 | $103K | $58K | $258K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $263K, expenses of $272K, and assets of $1.7M (revenue -48.4% year-over-year).
- 2022: Revenue of $508K, expenses of $212K, and assets of $1.5M (revenue +40.0% year-over-year).
- 2021: Revenue of $363K, expenses of $163K, and assets of $1.3M (revenue +20.4% year-over-year).
- 2020: Revenue of $302K, expenses of $105K, and assets of $1.2M (revenue +65.5% year-over-year).
- 2019: Revenue of $182K, expenses of $107K, and assets of $983K (revenue -53.0% year-over-year).
- 2018: Revenue of $388K, expenses of $102K, and assets of $907K (revenue +175.0% year-over-year).
- 2017: Revenue of $141K, expenses of $89K, and assets of $559K (revenue +8.9% year-over-year).
- 2016: Revenue of $130K, expenses of $81K, and assets of $496K (revenue -17.5% year-over-year).
- 2015: Revenue of $157K, expenses of $83K, and assets of $447K (revenue +34.6% year-over-year).
- 2014: Revenue of $117K, expenses of $81K, and assets of $373K (revenue -1.7% year-over-year).
- 2013: Revenue of $119K, expenses of $71K, and assets of $338K (revenue +20.9% year-over-year).
- 2012: Revenue of $98K, expenses of $67K, and assets of $290K (revenue -5.2% year-over-year).
- 2011: Revenue of $103K, expenses of $58K, and assets of $258K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gabbys Ladder Inc:
Data Sources and Methodology
This transparency report for Gabbys Ladder 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.