Indigo Competitive Team Inc
EIN: 834700447 · New Providence, NJ · NTEE: N70
| Metric | Value |
|---|---|
| Total Revenue | $199K |
| Total Expenses | $141K |
| Net Assets | $125K |
Is Indigo Competitive Team Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Indigo Competitive Team Inc
Indigo Competitive Team Inc (EIN: 834700447) is a nonprofit organization based in New Providence, NJ, classified under NTEE code N70. The organization reported total revenue of $199K and total assets of $157K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indigo Competitive Team Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Indigo Competitive Team Inc is a small nonprofit that has been operating for 4 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $164K |
| Total Expenses | $141K |
| Surplus / Deficit | +$23K |
| Total Assets | $125K |
| Net Assets | $125K |
| Operating Margin | 14.1% |
| Months of Reserves | 10.7 months |
Financial Health Grade: A
In 2023, Indigo Competitive Team Inc reported a surplus of $23K with revenue exceeding expenses, holds 10.7 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), Indigo Competitive Team Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.8% | +16.7% | +22.7% |
| 2022 | +8.4% | +33.2% | -4.0% |
| 2021 | +298.9% | +159.4% | +18.7% |
| 2020 | -84.8% | -56.3% | -8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Indigo Competitive Team 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 Indigo Competitive Team 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $23K, with revenue exceeding expenses.
Frequently Asked Questions about Indigo Competitive Team Inc
Is Indigo Competitive Team Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Indigo Competitive Team Inc (EIN: 834700447) insufficient data. 0 red flags identified, 0 strengths noted.
How does Indigo Competitive Team Inc spend its money?
Detailed spending breakdown data is not yet available for Indigo Competitive Team Inc. Check back for updated IRS 990 analysis.
Are donations to Indigo Competitive Team Inc tax-deductible?
Indigo Competitive Team Inc is registered as a tax-exempt nonprofit (EIN: 834700447). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Indigo Competitive Team Inc located?
Indigo Competitive Team Inc is headquartered in New Providence, New Jersey and files with the IRS under EIN 834700447. It is classified under NTEE code N70.
How many years of IRS 990 filings does Indigo Competitive Team Inc have?
Indigo Competitive Team 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 $199K in total revenue.
Filing History
IRS 990 filing history for Indigo Competitive Team Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Indigo Competitive Team Inc's revenue has declined by 7.8%, moving from $178K to $164K. Total assets increased by 28.4% over the same period, from $98K to $125K. Total functional expenses rose by 76.2%, from $80K to $141K. In its most recent filing year (2023), Indigo Competitive Team Inc reported a surplus of $23K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $164K | $141K | $125K | $0 | — | — |
| 2022 | $116K | $121K | $102K | $0 | — | — |
| 2021 | $107K | $91K | $106K | $0 | — | — |
| 2020 | $27K | $35K | $90K | $0 | — | View 990 |
| 2019 | $178K | $80K | $98K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $164K, expenses of $141K, and assets of $125K (revenue +40.8% year-over-year).
- 2022: Revenue of $116K, expenses of $121K, and assets of $102K (revenue +8.4% year-over-year).
- 2021: Revenue of $107K, expenses of $91K, and assets of $106K (revenue +298.9% year-over-year).
- 2020: Revenue of $27K, expenses of $35K, and assets of $90K (revenue -84.8% year-over-year).
- 2019: Revenue of $178K, expenses of $80K, and assets of $98K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Indigo Competitive Team Inc:
Data Sources and Methodology
This transparency report for Indigo Competitive Team 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.