I Cab Global Foundation
EIN: 320453240 · Wilmington, DE · NTEE: J02
| Metric | Value |
|---|---|
| Total Revenue | $252K |
| Total Expenses | $274K |
| Net Assets | $-129,735 |
Is I Cab Global Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About I Cab Global Foundation
I Cab Global Foundation (EIN: 320453240) is a nonprofit organization based in Wilmington, DE, classified under NTEE code J02. The organization reported total revenue of $252K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of I Cab Global Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
I Cab Global Foundation is a small nonprofit that has been operating for 11 years.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $252K |
| Total Expenses | $274K |
| Surplus / Deficit | $-21,954 |
| Total Assets | $5K |
| Total Liabilities | $135K |
| Net Assets | $-129,735 |
| Operating Margin | -8.7% |
| Debt-to-Asset Ratio | 2803.4% |
| Months of Reserves | 0.2 months |
Financial Health Grade: D
In 2019, I Cab Global Foundation reported a deficit of $22K with expenses exceeding revenue, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 2803.4% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for I Cab Global Foundation 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 I Cab Global Foundation 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2803.4%.
Frequently Asked Questions about I Cab Global Foundation
Is I Cab Global Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, I Cab Global Foundation (EIN: 320453240) insufficient data. 0 red flags identified, 0 strengths noted.
How does I Cab Global Foundation spend its money?
Detailed spending breakdown data is not yet available for I Cab Global Foundation. Check back for updated IRS 990 analysis.
Are donations to I Cab Global Foundation tax-deductible?
I Cab Global Foundation is registered as a tax-exempt nonprofit (EIN: 320453240). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is I Cab Global Foundation located?
I Cab Global Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 320453240. It is classified under NTEE code J02.
Filing History
IRS 990 filing history for I Cab Global Foundation showing financial trends over 1 year of public records:
In its most recent filing year (2019), I Cab Global Foundation reported a deficit of $22K, with expenses exceeding revenue. The organization holds $135K in liabilities against $5K in assets (debt-to-asset ratio: 2803.4%), resulting in net assets of $-129,735.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $252K | $274K | $5K | $135K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for I Cab Global Foundation:
Data Sources and Methodology
This transparency report for I Cab Global Foundation 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.