In Touch And Concerned Inc
EIN: 550526579 · Morgantown, WV
| Metric | Value |
|---|---|
| Total Expenses | $321K |
| Net Assets | $-50,499 |
Is In Touch And Concerned Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About In Touch And Concerned Inc
In Touch And Concerned Inc (EIN: 550526579) is a nonprofit organization based in Morgantown, WV. 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 In Touch And Concerned Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
In Touch And Concerned 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 11.3%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $283K |
| Total Expenses | $321K |
| Surplus / Deficit | $-38,631 |
| Total Assets | $207K |
| Total Liabilities | $257K |
| Net Assets | $-50,499 |
| Operating Margin | -13.7% |
| Debt-to-Asset Ratio | 124.4% |
| Months of Reserves | 7.7 months |
Financial Health Grade: C
In 2016, In Touch And Concerned Inc reported a deficit of $39K with expenses exceeding revenue, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 124.4% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), In Touch And Concerned Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +19.1% | +5.9% | -16.0% |
| 2015 | -2.1% | +0.2% | +0.6% |
| 2014 | -12.4% | +11.0% | +87.1% |
| 2013 | +27.2% | +23.5% | +5.3% |
| 2012 | +31.4% | +35.2% | +153.4% |
AI Analysis Pending
AI enrichment for In Touch And Concerned Inc 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 In Touch And Concerned Inc 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $39K, with expenses exceeding revenue.
- Debt-to-asset ratio: 124.4%.
Frequently Asked Questions about In Touch And Concerned Inc
Is In Touch And Concerned Inc a legitimate charity?
In Touch And Concerned Inc (EIN: 550526579) is a registered tax-exempt nonprofit based in West Virginia. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does In Touch And Concerned Inc spend its money?
In Touch And Concerned Inc reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to In Touch And Concerned Inc tax-deductible?
In Touch And Concerned Inc is registered as a tax-exempt nonprofit (EIN: 550526579). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is In Touch And Concerned Inc located?
In Touch And Concerned Inc is headquartered in Morgantown, West Virginia and files with the IRS under EIN 550526579.
How many years of IRS 990 filings does In Touch And Concerned Inc have?
In Touch And Concerned 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.
Filing History
IRS 990 filing history for In Touch And Concerned Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), In Touch And Concerned Inc's revenue has grown by 70.7%, moving from $166K to $283K. Total assets increased by 321.7% over the same period, from $49K to $207K. Total functional expenses rose by 96.6%, from $163K to $321K. In its most recent filing year (2016), In Touch And Concerned Inc reported a deficit of $39K, with expenses exceeding revenue. The organization holds $257K in liabilities against $207K in assets (debt-to-asset ratio: 124.4%), resulting in net assets of $-50,499.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $283K | $321K | $207K | $257K | — | — |
| 2015 | $237K | $304K | $246K | $258K | — | View 990 |
| 2014 | $243K | $303K | $245K | $194K | — | View 990 |
| 2013 | $277K | $273K | $131K | $20K | — | View 990 |
| 2012 | $218K | $221K | $124K | $17K | — | View 990 |
| 2011 | $166K | $163K | $49K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $283K, expenses of $321K, and assets of $207K (revenue +19.1% year-over-year).
- 2015: Revenue of $237K, expenses of $304K, and assets of $246K (revenue -2.1% year-over-year).
- 2014: Revenue of $243K, expenses of $303K, and assets of $245K (revenue -12.4% year-over-year).
- 2013: Revenue of $277K, expenses of $273K, and assets of $131K (revenue +27.2% year-over-year).
- 2012: Revenue of $218K, expenses of $221K, and assets of $124K (revenue +31.4% year-over-year).
- 2011: Revenue of $166K, expenses of $163K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for In Touch And Concerned Inc:
Data Sources and Methodology
This transparency report for In Touch And Concerned 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.