Images For Change Inc
Images For Change Inc operates with minimal revenue and assets, indicating very limited financial activity.
EIN: 202338461 · Portland, ME · NTEE: T12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Total Expenses | $53K |
| Program Spending | 90% |
| Net Assets | $16K |
| Transparency Score | 40/100 |
Is Images For Change Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Images For Change Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Images For Change Inc
Images For Change Inc (EIN: 202338461) is a nonprofit organization based in Portland, ME, classified under NTEE code T12. The organization reported total revenue of $1 and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Images For Change Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Images For Change Inc is a micro nonprofit that has been operating for 19 years, with 5 years of IRS 990 filings on record (2011–2015).
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $32K |
| Total Expenses | $53K |
| Surplus / Deficit | $-21,331 |
| Total Assets | $16K |
| Total Liabilities | $1 |
| Net Assets | $16K |
| Operating Margin | -67.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 3.6 months |
Financial Health Grade: B
In 2015, Images For Change Inc reported a deficit of $21K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +1250.9% | +530.3% | -46.4% |
| 2014 | -40.0% | -0.9% | -14.5% |
| 2013 | +15.2% | -45.7% | +5505.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Images For Change Inc with a Mission Score of 40 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Images For Change Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
No officer compensation has been reported across all five filings, indicating that the organization is likely run by volunteers, which is appropriate given its extremely small size and minimal financial resources.
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 Images For Change Inc's IRS 990 filings:
- Extremely low revenue and assets ($1 in latest filing), indicating minimal operational capacity.
- Expenses frequently exceed revenue in historical filings (e.g., $53,118 expenses vs. $31,787 revenue in 2015), suggesting financial instability.
Strengths
The following positive indicators were identified for Images For Change Inc:
- No officer compensation reported, indicating a volunteer-driven model and efficient use of limited funds.
- Low liabilities across all filings, suggesting the organization avoids significant debt.
Frequently Asked Questions about Images For Change Inc
Is Images For Change Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Images For Change Inc (EIN: 202338461) significant concerns. Mission Score: 40/100. 2 red flags identified, 2 strengths noted.
How does Images For Change Inc spend its money?
Images For Change Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Images For Change Inc tax-deductible?
Images For Change Inc is registered as a tax-exempt nonprofit (EIN: 202338461). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Images For Change Inc compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Images For Change Inc is near average for NTEE category T12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Images For Change Inc located?
Images For Change Inc is headquartered in Portland, Maine and files with the IRS under EIN 202338461. It is classified under NTEE code T12.
How many years of IRS 990 filings does Images For Change Inc have?
Images For Change Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1 in total revenue.
Is Images For Change Inc a good charity?
Based on the financial data, Images For Change Inc operates with extremely limited resources. While it shows no officer compensation, suggesting volunteer efforts, its ability to deliver significant programmatic impact is severely constrained by its minimal revenue and assets (e.g., $1 in latest filing). Its 'goodness' depends on whether its limited activities align with its mission, but its financial capacity is very low.
What is the primary financial challenge for Images For Change Inc?
The primary financial challenge is the extremely low and inconsistent revenue generation. With the latest filing showing only $1 in revenue and assets, the organization struggles to secure funding necessary for any substantial operations or growth.
Filing History
IRS 990 filing history for Images For Change Inc showing financial trends over 5 years of public records:
Total assets increased by 23.3% over the same period, from $13K to $16K. Total functional expenses rose by 32.4%, from $40K to $53K. In its most recent filing year (2015), Images For Change Inc reported a deficit of $21K, with expenses exceeding revenue. The organization holds $1 in liabilities against $16K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $16K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $32K | $53K | $16K | $1 | — | View 990 |
| 2014 | $2K | $8K | $30K | $0 | — | View 990 |
| 2013 | $4K | $9K | $35K | $0 | — | View 990 |
| 2012 | $3K | $16K | $618 | $0 | — | View 990 |
| 2011 | $0 | $40K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $32K, expenses of $53K, and assets of $16K (revenue +1250.9% year-over-year).
- 2014: Revenue of $2K, expenses of $8K, and assets of $30K (revenue -40.0% year-over-year).
- 2013: Revenue of $4K, expenses of $9K, and assets of $35K (revenue +15.2% year-over-year).
- 2012: Revenue of $3K, expenses of $16K, and assets of $618.
- 2011: Revenue of $0, expenses of $40K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Images For Change Inc:
Data Sources and Methodology
This transparency report for Images For Change 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.