Gap Year Association
EIN: 460781800 · Missoula, MT · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $237K |
| Total Expenses | $285K |
| Net Assets | $70K |
Is Gap Year Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gap Year Association
Gap Year Association (EIN: 460781800) is a nonprofit organization based in Missoula, MT, classified under NTEE code B82. The organization reported total revenue of $237K and total assets of $123K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gap Year Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gap Year Association is a small nonprofit that has been operating for 14 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 13.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $248K |
| Total Expenses | $285K |
| Surplus / Deficit | $-36,639 |
| Total Assets | $71K |
| Total Liabilities | $758 |
| Net Assets | $70K |
| Operating Margin | -14.8% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 3.0 months |
Financial Health Grade: B
In 2023, Gap Year Association reported a deficit of $37K with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Gap Year Association's revenue has grown at a compound annual growth rate (CAGR) of 13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.7% | +8.6% | -36.2% |
| 2022 | +12.1% | +67.9% | +2.0% |
| 2021 | +90.5% | +47.3% | +150.9% |
| 2020 | -21.9% | -19.5% | +52.3% |
| 2019 | +95.5% | +23.7% | +698.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gap Year Association 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 Gap Year Association 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 $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Frequently Asked Questions about Gap Year Association
Is Gap Year Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Gap Year Association (EIN: 460781800) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gap Year Association spend its money?
Detailed spending breakdown data is not yet available for Gap Year Association. Check back for updated IRS 990 analysis.
Are donations to Gap Year Association tax-deductible?
Gap Year Association is registered as a tax-exempt nonprofit (EIN: 460781800). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gap Year Association located?
Gap Year Association is headquartered in Missoula, Montana and files with the IRS under EIN 460781800. It is classified under NTEE code B82.
How many years of IRS 990 filings does Gap Year Association have?
Gap Year Association 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 $237K in total revenue.
Filing History
IRS 990 filing history for Gap Year Association showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Gap Year Association's revenue has grown by 145.2%, moving from $101K to $248K. Total assets increased by 28.6% over the same period, from $55K to $71K. Total functional expenses rose by 370.1%, from $61K to $285K. In its most recent filing year (2023), Gap Year Association reported a deficit of $37K, with expenses exceeding revenue. The organization holds $758 in liabilities against $71K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $70K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $248K | $285K | $71K | $758 | — | — |
| 2022 | $260K | $262K | $111K | $4K | — | View 990 |
| 2021 | $232K | $156K | $109K | $375 | — | View 990 |
| 2020 | $122K | $106K | $44K | $11K | — | View 990 |
| 2019 | $156K | $132K | $29K | $12K | — | View 990 |
| 2018 | $80K | $106K | $4K | $11K | — | View 990 |
| 2017 | $101K | $137K | $19K | $412 | — | View 990 |
| 2016 | $101K | $61K | $55K | $49 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $248K, expenses of $285K, and assets of $71K (revenue -4.7% year-over-year).
- 2022: Revenue of $260K, expenses of $262K, and assets of $111K (revenue +12.1% year-over-year).
- 2021: Revenue of $232K, expenses of $156K, and assets of $109K (revenue +90.5% year-over-year).
- 2020: Revenue of $122K, expenses of $106K, and assets of $44K (revenue -21.9% year-over-year).
- 2019: Revenue of $156K, expenses of $132K, and assets of $29K (revenue +95.5% year-over-year).
- 2018: Revenue of $80K, expenses of $106K, and assets of $4K (revenue -20.6% year-over-year).
- 2017: Revenue of $101K, expenses of $137K, and assets of $19K (revenue -0.5% year-over-year).
- 2016: Revenue of $101K, expenses of $61K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gap Year Association:
Data Sources and Methodology
This transparency report for Gap Year Association 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.