Giving Basics Inc
EIN: 931943687 · Kimmell, IN · NTEE: X12
| Metric | Value |
|---|---|
| Total Revenue | $232K |
| Total Expenses | $42K |
| Net Assets | $22K |
Is Giving Basics Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Giving Basics Inc
Giving Basics Inc (EIN: 931943687) is a nonprofit organization based in Kimmell, IN, classified under NTEE code X12. The organization reported total revenue of $232K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Giving Basics Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Giving Basics Inc is a small nonprofit that has been operating for 2 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $64K |
| Total Expenses | $42K |
| Surplus / Deficit | +$22K |
| Total Assets | $22K |
| Net Assets | $22K |
| Operating Margin | 34.1% |
| Months of Reserves | 6.2 months |
Financial Health Grade: A
In 2023, Giving Basics Inc reported a surplus of $22K with revenue exceeding expenses, holds 6.2 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Giving Basics 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 Giving Basics 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 surplus of $22K, with revenue exceeding expenses.
Frequently Asked Questions about Giving Basics Inc
Is Giving Basics Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Giving Basics Inc (EIN: 931943687) insufficient data. 0 red flags identified, 0 strengths noted.
How does Giving Basics Inc spend its money?
Detailed spending breakdown data is not yet available for Giving Basics Inc. Check back for updated IRS 990 analysis.
Are donations to Giving Basics Inc tax-deductible?
Giving Basics Inc is registered as a tax-exempt nonprofit (EIN: 931943687). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Giving Basics Inc located?
Giving Basics Inc is headquartered in Kimmell, Indiana and files with the IRS under EIN 931943687. It is classified under NTEE code X12.
Filing History
IRS 990 filing history for Giving Basics Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Giving Basics Inc reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $64K | $42K | $22K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Giving Basics Inc:
Data Sources and Methodology
This transparency report for Giving Basics 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.