Houston Revision
EIN: 455138803 · Houston, TX · NTEE: I21
Is Houston Revision Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Houston Revision
Houston Revision (EIN: 455138803) is a nonprofit organization based in Houston, TX, classified under NTEE code I21. The organization reported total revenue of $2.6M and total assets of $354K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Houston Revision's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Houston Revision is a mid-size nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 46.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.7M |
| Surplus / Deficit | $-220,547 |
| Total Assets | $354K |
| Total Liabilities | $406K |
| Net Assets | $-51,766 |
| Operating Margin | -9.0% |
| Debt-to-Asset Ratio | 114.6% |
| Months of Reserves | 1.6 months |
Financial Health Grade: D
In 2023, Houston Revision reported a deficit of $221K with expenses exceeding revenue, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 114.6% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Houston Revision's revenue has grown at a compound annual growth rate (CAGR) of 46.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +60.4% | +60.7% | +3.4% |
| 2022 | +12.8% | +21.3% | -34.2% |
| 2021 | +3.0% | +45.3% | -0.4% |
| 2020 | +58.7% | -9.9% | +588.1% |
| 2019 | -10.6% | +10.3% | -67.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Houston Revision 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 Houston Revision 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 $221K, with expenses exceeding revenue.
- Debt-to-asset ratio: 114.6%.
Frequently Asked Questions about Houston Revision
Is Houston Revision a legitimate charity?
Based on AI analysis of IRS 990 filings, Houston Revision (EIN: 455138803) insufficient data. 0 red flags identified, 0 strengths noted.
How does Houston Revision spend its money?
Detailed spending breakdown data is not yet available for Houston Revision. Check back for updated IRS 990 analysis.
Are donations to Houston Revision tax-deductible?
Houston Revision is registered as a tax-exempt nonprofit (EIN: 455138803). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Houston Revision showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Houston Revision's revenue has grown by 6556.1%, moving from $37K to $2.5M. Total assets increased by 859.2% over the same period, from $37K to $354K. Total functional expenses rose by 7153.9%, from $37K to $2.7M. In its most recent filing year (2023), Houston Revision reported a deficit of $221K, with expenses exceeding revenue. The organization holds $406K in liabilities against $354K in assets (debt-to-asset ratio: 114.6%), resulting in net assets of $-51,766.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.7M | $354K | $406K | — | — |
| 2022 | $1.5M | $1.7M | $342K | $173K | — | View 990 |
| 2021 | $1.4M | $1.4M | $520K | $217K | — | View 990 |
| 2020 | $1.3M | $945K | $522K | $204K | — | — |
| 2019 | $830K | $1.0M | $76K | $132K | — | View 990 |
| 2018 | $929K | $951K | $231K | $69K | — | View 990 |
| 2017 | $901K | $956K | $206K | $21K | — | View 990 |
| 2016 | $1.0M | $820K | $277K | $38K | — | View 990 |
| 2015 | $629K | $677K | $99K | $53K | — | View 990 |
| 2014 | $533K | $613K | $117K | $24K | — | View 990 |
| 2013 | $870K | $697K | $193K | $19K | — | View 990 |
| 2012 | $37K | $37K | $37K | $37K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.7M, and assets of $354K (revenue +60.4% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.7M, and assets of $342K (revenue +12.8% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.4M, and assets of $520K (revenue +3.0% year-over-year).
- 2020: Revenue of $1.3M, expenses of $945K, and assets of $522K (revenue +58.7% year-over-year).
- 2019: Revenue of $830K, expenses of $1.0M, and assets of $76K (revenue -10.6% year-over-year).
- 2018: Revenue of $929K, expenses of $951K, and assets of $231K (revenue +3.1% year-over-year).
- 2017: Revenue of $901K, expenses of $956K, and assets of $206K (revenue -11.2% year-over-year).
- 2016: Revenue of $1.0M, expenses of $820K, and assets of $277K (revenue +61.2% year-over-year).
- 2015: Revenue of $629K, expenses of $677K, and assets of $99K (revenue +18.1% year-over-year).
- 2014: Revenue of $533K, expenses of $613K, and assets of $117K (revenue -38.8% year-over-year).
- 2013: Revenue of $870K, expenses of $697K, and assets of $193K (revenue +2258.5% year-over-year).
- 2012: Revenue of $37K, expenses of $37K, and assets of $37K.
Data Sources and Methodology
This transparency report for Houston Revision 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.