Infinity Recycling Inc
EIN: 521625681 · Millington, MD · NTEE: C270
| Metric | Value |
|---|---|
| Total Revenue | $646K |
| Total Expenses | $657K |
| Net Assets | $-259,280 |
Is Infinity Recycling Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Infinity Recycling Inc
Infinity Recycling Inc (EIN: 521625681) is a nonprofit organization based in Millington, MD, classified under NTEE code C270. The organization reported total revenue of $646K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Infinity Recycling Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Infinity Recycling Inc is a small nonprofit that has been operating for 33 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $646K |
| Total Expenses | $657K |
| Surplus / Deficit | $-10,484 |
| Total Assets | $45K |
| Total Liabilities | $305K |
| Net Assets | $-259,280 |
| Operating Margin | -1.6% |
| Debt-to-Asset Ratio | 671.5% |
| Months of Reserves | 0.8 months |
Financial Health Grade: D
In 2021, Infinity Recycling Inc reported a deficit of $10K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 671.5% (high leverage).
Financial Trends
Over 11 years of filings (2011–2021), Infinity Recycling Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +36.5% | +25.8% | +48.2% |
| 2020 | -17.3% | -16.3% | -34.6% |
| 2019 | +23.2% | +12.1% | -41.5% |
| 2018 | -8.5% | +10.6% | -45.6% |
| 2017 | -7.8% | -6.0% | +8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Infinity Recycling 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 Infinity Recycling 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 671.5%.
Frequently Asked Questions about Infinity Recycling Inc
Is Infinity Recycling Inc a legitimate charity?
Infinity Recycling Inc (EIN: 521625681) is a registered tax-exempt nonprofit based in Maryland. It has 11 years of IRS 990 filings on record. Total revenue: $646K. No red flags identified. Financial health grade: D.
How does Infinity Recycling Inc spend its money?
Infinity Recycling Inc reported $646K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Infinity Recycling Inc tax-deductible?
Infinity Recycling Inc is registered as a tax-exempt nonprofit (EIN: 521625681). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Infinity Recycling Inc located?
Infinity Recycling Inc is headquartered in Millington, Maryland and files with the IRS under EIN 521625681. It is classified under NTEE code C270.
How many years of IRS 990 filings does Infinity Recycling Inc have?
Infinity Recycling Inc has 11 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 $646K in total revenue.
Filing History
IRS 990 filing history for Infinity Recycling Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Infinity Recycling Inc's revenue has grown by 55.1%, moving from $417K to $646K. Total assets increased by 45.3% over the same period, from $31K to $45K. Total functional expenses rose by 39.4%, from $471K to $657K. In its most recent filing year (2021), Infinity Recycling Inc reported a deficit of $10K, with expenses exceeding revenue. The organization holds $305K in liabilities against $45K in assets (debt-to-asset ratio: 671.5%), resulting in net assets of $-259,280.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $646K | $657K | $45K | $305K | — | View 990 |
| 2020 | $473K | $522K | $31K | $268K | — | View 990 |
| 2019 | $572K | $624K | $47K | $236K | — | View 990 |
| 2018 | $464K | $556K | $80K | $196K | — | View 990 |
| 2017 | $508K | $503K | $147K | $176K | — | — |
| 2016 | $551K | $535K | $136K | $203K | — | View 990 |
| 2015 | $530K | $530K | $106K | $185K | — | View 990 |
| 2014 | $423K | $451K | $105K | $186K | — | View 990 |
| 2013 | $486K | $406K | $94K | $146K | — | View 990 |
| 2012 | $436K | $453K | $22K | $143K | — | View 990 |
| 2011 | $417K | $471K | $31K | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $646K, expenses of $657K, and assets of $45K (revenue +36.5% year-over-year).
- 2020: Revenue of $473K, expenses of $522K, and assets of $31K (revenue -17.3% year-over-year).
- 2019: Revenue of $572K, expenses of $624K, and assets of $47K (revenue +23.2% year-over-year).
- 2018: Revenue of $464K, expenses of $556K, and assets of $80K (revenue -8.5% year-over-year).
- 2017: Revenue of $508K, expenses of $503K, and assets of $147K (revenue -7.8% year-over-year).
- 2016: Revenue of $551K, expenses of $535K, and assets of $136K (revenue +3.9% year-over-year).
- 2015: Revenue of $530K, expenses of $530K, and assets of $106K (revenue +25.4% year-over-year).
- 2014: Revenue of $423K, expenses of $451K, and assets of $105K (revenue -13.1% year-over-year).
- 2013: Revenue of $486K, expenses of $406K, and assets of $94K (revenue +11.5% year-over-year).
- 2012: Revenue of $436K, expenses of $453K, and assets of $22K (revenue +4.7% year-over-year).
- 2011: Revenue of $417K, expenses of $471K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Infinity Recycling Inc:
Data Sources and Methodology
This transparency report for Infinity Recycling 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.