Gaits To Success Inc
EIN: 640795746 · Kiln, MS
| Metric | Value |
|---|---|
| Total Expenses | $17K |
| Net Assets | $-35,657 |
Is Gaits To Success Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gaits To Success Inc
Gaits To Success Inc (EIN: 640795746) is a nonprofit organization based in Kiln, MS. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gaits To Success Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gaits To Success Inc is a micro nonprofit, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -17.7%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $17K |
| Surplus / Deficit | +$2K |
| Total Assets | $116K |
| Total Liabilities | $152K |
| Net Assets | $-35,657 |
| Operating Margin | 12.2% |
| Debt-to-Asset Ratio | 130.7% |
| Months of Reserves | 80.6 months |
Financial Health Grade: A
In 2017, Gaits To Success Inc reported a surplus of $2K with revenue exceeding expenses, holds 80.6 months of operating reserves (strong position), has a debt-to-asset ratio of 130.7% (high leverage).
Financial Trends
Over 7 years of filings (2011–2017), Gaits To Success Inc's revenue has declined at a compound annual growth rate (CAGR) of -17.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -17.7% | -56.9% | -4.0% |
| 2016 | +19.8% | -27.5% | -4.6% |
| 2015 | -13.0% | -17.2% | -7.3% |
| 2014 | -52.6% | -6.8% | -1.8% |
| 2013 | -18.1% | +15.4% | -8.9% |
AI Analysis Pending
AI enrichment for Gaits To Success 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 Gaits To Success 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 130.7%.
Frequently Asked Questions about Gaits To Success Inc
Is Gaits To Success Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gaits To Success Inc (EIN: 640795746) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gaits To Success Inc spend its money?
Detailed spending breakdown data is not yet available for Gaits To Success Inc. Check back for updated IRS 990 analysis.
Are donations to Gaits To Success Inc tax-deductible?
Gaits To Success Inc is registered as a tax-exempt nonprofit (EIN: 640795746). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gaits To Success Inc located?
Gaits To Success Inc is headquartered in Kiln, Mississippi and files with the IRS under EIN 640795746.
How many years of IRS 990 filings does Gaits To Success Inc have?
Gaits To Success Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Gaits To Success Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Gaits To Success Inc's revenue has declined by 68.9%, moving from $63K to $20K. Total assets decreased by 28.3% over the same period, from $162K to $116K. Total functional expenses fell by 79.2%, from $83K to $17K. In its most recent filing year (2017), Gaits To Success Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $152K in liabilities against $116K in assets (debt-to-asset ratio: 130.7%), resulting in net assets of $-35,657.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $20K | $17K | $116K | $152K | — | View 990 |
| 2016 | $24K | $40K | $121K | $159K | — | View 990 |
| 2015 | $20K | $55K | $127K | $149K | — | View 990 |
| 2014 | $23K | $67K | $137K | $123K | — | View 990 |
| 2013 | $49K | $72K | $139K | $82K | — | View 990 |
| 2012 | $59K | $62K | $153K | $72K | — | View 990 |
| 2011 | $63K | $83K | $162K | $78K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $20K, expenses of $17K, and assets of $116K (revenue -17.7% year-over-year).
- 2016: Revenue of $24K, expenses of $40K, and assets of $121K (revenue +19.8% year-over-year).
- 2015: Revenue of $20K, expenses of $55K, and assets of $127K (revenue -13.0% year-over-year).
- 2014: Revenue of $23K, expenses of $67K, and assets of $137K (revenue -52.6% year-over-year).
- 2013: Revenue of $49K, expenses of $72K, and assets of $139K (revenue -18.1% year-over-year).
- 2012: Revenue of $59K, expenses of $62K, and assets of $153K (revenue -6.4% year-over-year).
- 2011: Revenue of $63K, expenses of $83K, and assets of $162K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gaits To Success Inc:
Data Sources and Methodology
This transparency report for Gaits To Success 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.