Idealware Inc
Idealware Inc. reports $0 revenue and assets, indicating cessation of operations after years of fluctuating financial performance.
EIN: 203819456 · Minneapolis, MN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $472K |
| Net Assets | $28K |
| Transparency Score | 50/100 |
Is Idealware Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Idealware Inc
Idealware Inc (EIN: 203819456) is a nonprofit organization based in Minneapolis, MN. 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 Idealware Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Idealware Inc is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $512K |
| Total Expenses | $472K |
| Surplus / Deficit | +$40K |
| Total Assets | $52K |
| Total Liabilities | $24K |
| Net Assets | $28K |
| Operating Margin | 7.8% |
| Debt-to-Asset Ratio | 45.6% |
| Months of Reserves | 1.3 months |
Financial Health Grade: A
In 2016, Idealware Inc reported a surplus of $40K with revenue exceeding expenses, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 45.6% (moderate leverage).
Financial Trends
Over 6 years of filings (2011–2016), Idealware Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +18.4% | -18.7% | +1.1% |
| 2015 | -19.5% | +22.4% | -65.8% |
| 2014 | +17.9% | +0.6% | +78.0% |
| 2013 | +10.3% | +30.6% | -32.9% |
| 2012 | +32.8% | +18.6% | +78.7% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Idealware Inc with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Idealware Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $40K, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.6%.
Executive Compensation Analysis
The organization consistently reported 0% officer compensation across all available filings, indicating that no portion of its budget was allocated to executive salaries during its operational years.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Idealware Inc's IRS 990 filings:
- Organization is no longer operational based on $0 revenue and assets.
- Significant deficit in 2015 where expenses ($580,330) greatly exceeded revenue ($432,377).
Strengths
The following positive indicators were identified for Idealware Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating no executive pay.
- Demonstrated ability to generate surpluses in some years, such as $40,103 in 2016 and $63,232 in 2014.
Frequently Asked Questions about Idealware Inc
Is Idealware Inc a legitimate charity?
Idealware Inc (EIN: 203819456) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 50/100. It has 6 years of IRS 990 filings on record. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Idealware Inc spend its money?
Idealware Inc reported its financials in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Idealware Inc tax-deductible?
Idealware Inc is registered as a tax-exempt nonprofit (EIN: 203819456). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Idealware Inc located?
Idealware Inc is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 203819456.
How many years of IRS 990 filings does Idealware Inc have?
Idealware Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Idealware Inc. currently operational?
Based on the latest IRS 990 data showing $0 revenue and $0 assets, Idealware Inc. appears to have ceased operations.
What was Idealware Inc.'s financial trend before ceasing operations?
Idealware Inc. experienced fluctuating financial performance, with surpluses in 2016 ($40,103) and 2014 ($63,232), but deficits in 2015 (-$147,953) and 2013 (-$15,802).
Did Idealware Inc. pay its officers?
No, Idealware Inc. consistently reported 0% officer compensation in all available IRS 990 filings.
Filing History
IRS 990 filing history for Idealware Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Idealware Inc's revenue has grown by 64.6%, moving from $311K to $512K. Total assets decreased by 26.2% over the same period, from $70K to $52K. Total functional expenses rose by 55.2%, from $304K to $472K. In its most recent filing year (2016), Idealware Inc reported a surplus of $40K, with revenue exceeding expenses. The organization holds $24K in liabilities against $52K in assets (debt-to-asset ratio: 45.6%), resulting in net assets of $28K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $512K | $472K | $52K | $24K | — | View 990 |
| 2015 | $432K | $580K | $51K | $62K | — | View 990 |
| 2014 | $537K | $474K | $150K | $9K | — | View 990 |
| 2013 | $456K | $471K | $84K | $188 | — | View 990 |
| 2012 | $413K | $361K | $126K | $16K | — | View 990 |
| 2011 | $311K | $304K | $70K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $512K, expenses of $472K, and assets of $52K (revenue +18.4% year-over-year).
- 2015: Revenue of $432K, expenses of $580K, and assets of $51K (revenue -19.5% year-over-year).
- 2014: Revenue of $537K, expenses of $474K, and assets of $150K (revenue +17.9% year-over-year).
- 2013: Revenue of $456K, expenses of $471K, and assets of $84K (revenue +10.3% year-over-year).
- 2012: Revenue of $413K, expenses of $361K, and assets of $126K (revenue +32.8% year-over-year).
- 2011: Revenue of $311K, expenses of $304K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Idealware Inc:
Data Sources and Methodology
This transparency report for Idealware 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.