Imagine Black Futures
EIN: 825305527 · Portland, OR · NTEE: P22
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.2M |
| Net Assets | $1.4M |
Is Imagine Black Futures Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Imagine Black Futures
Imagine Black Futures (EIN: 825305527) is a nonprofit organization based in Portland, OR, classified under NTEE code P22. The organization reported total revenue of $1.9M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Imagine Black Futures's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Imagine Black Futures is a mid-size nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-75,097 |
| Total Assets | $1.6M |
| Total Liabilities | $223K |
| Net Assets | $1.4M |
| Operating Margin | -6.8% |
| Debt-to-Asset Ratio | 13.9% |
| Months of Reserves | 16.3 months |
Financial Health Grade: B
In 2023, Imagine Black Futures reported a deficit of $75K with expenses exceeding revenue, holds 16.3 months of operating reserves (strong position), has a debt-to-asset ratio of 13.9% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Imagine Black Futures's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.7% | +35.9% | +7.0% |
| 2022 | -17.3% | +12.8% | +27.9% |
| 2021 | +87.3% | +148.0% | +145.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Imagine Black Futures 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 Imagine Black Futures 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 $75K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.9%.
Frequently Asked Questions about Imagine Black Futures
Is Imagine Black Futures a legitimate charity?
Imagine Black Futures (EIN: 825305527) is a registered tax-exempt nonprofit based in Oregon. It has 4 years of IRS 990 filings on record. Total revenue: $1.9M. No red flags identified. Financial health grade: B.
How does Imagine Black Futures spend its money?
Imagine Black Futures reported $1.9M in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Imagine Black Futures tax-deductible?
Imagine Black Futures is registered as a tax-exempt nonprofit (EIN: 825305527). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Imagine Black Futures located?
Imagine Black Futures is headquartered in Portland, Oregon and files with the IRS under EIN 825305527. It is classified under NTEE code P22.
How many years of IRS 990 filings does Imagine Black Futures have?
Imagine Black Futures has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.9M in total revenue.
Filing History
IRS 990 filing history for Imagine Black Futures showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Imagine Black Futures's revenue has grown by 44.5%, moving from $766K to $1.1M. Total assets increased by 235.8% over the same period, from $477K to $1.6M. Total functional expenses rose by 280.1%, from $311K to $1.2M. In its most recent filing year (2023), Imagine Black Futures reported a deficit of $75K, with expenses exceeding revenue. The organization holds $223K in liabilities against $1.6M in assets (debt-to-asset ratio: 13.9%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.2M | $1.6M | $223K | — | — |
| 2022 | $1.2M | $870K | $1.5M | $44K | — | View 990 |
| 2021 | $1.4M | $771K | $1.2M | $33K | — | View 990 |
| 2020 | $766K | $311K | $477K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.2M, and assets of $1.6M (revenue -6.7% year-over-year).
- 2022: Revenue of $1.2M, expenses of $870K, and assets of $1.5M (revenue -17.3% year-over-year).
- 2021: Revenue of $1.4M, expenses of $771K, and assets of $1.2M (revenue +87.3% year-over-year).
- 2020: Revenue of $766K, expenses of $311K, and assets of $477K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Imagine Black Futures:
Data Sources and Methodology
This transparency report for Imagine Black Futures 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.