Ieg Global Corporation
EIN: 455521262 · Gainesville, VA · NTEE: B82
Is Ieg Global Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ieg Global Corporation
Ieg Global Corporation (EIN: 455521262) is a nonprofit organization based in Gainesville, VA, classified under NTEE code B82. The organization reported total revenue of $187K and total assets of $115K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ieg Global Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ieg Global Corporation is a small nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 16.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $706K |
| Total Expenses | $682K |
| Surplus / Deficit | +$24K |
| Total Assets | $208K |
| Total Liabilities | $264K |
| Net Assets | $-56,818 |
| Operating Margin | 3.4% |
| Debt-to-Asset Ratio | 127.4% |
| Months of Reserves | 3.7 months |
Financial Health Grade: A
In 2023, Ieg Global Corporation reported a surplus of $24K with revenue exceeding expenses, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 127.4% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Ieg Global Corporation's revenue has grown at a compound annual growth rate (CAGR) of 16.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +97.8% | +45.6% | -15.4% |
| 2022 | -41.9% | +10.2% | +9.3% |
| 2021 | +388.2% | +124.9% | +164.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ieg Global Corporation 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 Ieg Global Corporation 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 $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 127.4%.
Frequently Asked Questions about Ieg Global Corporation
Is Ieg Global Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ieg Global Corporation (EIN: 455521262) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ieg Global Corporation spend its money?
Detailed spending breakdown data is not yet available for Ieg Global Corporation. Check back for updated IRS 990 analysis.
Are donations to Ieg Global Corporation tax-deductible?
Ieg Global Corporation is registered as a tax-exempt nonprofit (EIN: 455521262). 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 Ieg Global Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Ieg Global Corporation's revenue has grown by 429.2%, moving from $133K to $706K. Total assets increased by 71.2% over the same period, from $121K to $208K. Total functional expenses rose by 1786.6%, from $36K to $682K. In its most recent filing year (2023), Ieg Global Corporation reported a surplus of $24K, with revenue exceeding expenses. The organization holds $264K in liabilities against $208K in assets (debt-to-asset ratio: 127.4%), resulting in net assets of $-56,818.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $706K | $682K | $208K | $264K | — | — |
| 2022 | $357K | $468K | $246K | $326K | — | View 990 |
| 2021 | $614K | $425K | $225K | $194K | — | View 990 |
| 2020 | $126K | $189K | $85K | $244K | — | View 990 |
| 2019 | $0 | $0 | $123K | $331K | — | View 990 |
| 2018 | $0 | $0 | $123K | $331K | — | View 990 |
| 2017 | $0 | $0 | $249K | $316K | — | View 990 |
| 2016 | $1.2M | $1.2M | $249K | $316K | — | View 990 |
| 2015 | $956K | $1.1M | $199K | $291K | — | View 990 |
| 2014 | $838K | $784K | $320K | $256K | — | View 990 |
| 2013 | $325K | $413K | $136K | $127K | — | View 990 |
| 2012 | $133K | $36K | $121K | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $706K, expenses of $682K, and assets of $208K (revenue +97.8% year-over-year).
- 2022: Revenue of $357K, expenses of $468K, and assets of $246K (revenue -41.9% year-over-year).
- 2021: Revenue of $614K, expenses of $425K, and assets of $225K (revenue +388.2% year-over-year).
- 2020: Revenue of $126K, expenses of $189K, and assets of $85K.
- 2019: Revenue of $0, expenses of $0, and assets of $123K.
- 2018: Revenue of $0, expenses of $0, and assets of $123K.
- 2017: Revenue of $0, expenses of $0, and assets of $249K (revenue -100.0% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $249K (revenue +23.1% year-over-year).
- 2015: Revenue of $956K, expenses of $1.1M, and assets of $199K (revenue +14.0% year-over-year).
- 2014: Revenue of $838K, expenses of $784K, and assets of $320K (revenue +158.0% year-over-year).
- 2013: Revenue of $325K, expenses of $413K, and assets of $136K (revenue +143.6% year-over-year).
- 2012: Revenue of $133K, expenses of $36K, and assets of $121K.
Data Sources and Methodology
This transparency report for Ieg Global Corporation 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.