Inner Beauty Center
EIN: 471261667 · Milwaukee, WI · NTEE: I31
| Metric | Value |
|---|---|
| Total Revenue | $199K |
| Total Expenses | $144K |
| Net Assets | $57K |
Is Inner Beauty Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Inner Beauty Center
Inner Beauty Center (EIN: 471261667) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code I31. The organization reported total revenue of $199K and total assets of $69K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Inner Beauty Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Inner Beauty Center is a small nonprofit that has been operating for 11 years, with 6 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 10.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $127K |
| Total Expenses | $144K |
| Surplus / Deficit | $-17,296 |
| Total Assets | $61K |
| Total Liabilities | $4K |
| Net Assets | $57K |
| Operating Margin | -13.6% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 5.1 months |
Financial Health Grade: B
In 2023, Inner Beauty Center reported a deficit of $17K with expenses exceeding revenue, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 6.8% (very low leverage).
Financial Trends
Over 6 years of filings (2014–2023), Inner Beauty Center's revenue has grown at a compound annual growth rate (CAGR) of 10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +68.9% | +73.3% | -20.9% |
| 2022 | -15.2% | -9.6% | +13.1% |
| 2020 | -13.8% | +44.0% | -1.6% |
| 2019 | +95.6% | +46.8% | +125.2% |
| 2018 | +2.5% | +1102.0% | -35.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Inner Beauty Center 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 Inner Beauty Center 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 $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.8%.
Frequently Asked Questions about Inner Beauty Center
Is Inner Beauty Center a legitimate charity?
Inner Beauty Center (EIN: 471261667) is a registered tax-exempt nonprofit based in Wisconsin. It has 6 years of IRS 990 filings on record. Total revenue: $199K. No red flags identified. Financial health grade: B.
How does Inner Beauty Center spend its money?
Inner Beauty Center reported $199K in total revenue 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 Inner Beauty Center tax-deductible?
Inner Beauty Center is registered as a tax-exempt nonprofit (EIN: 471261667). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Inner Beauty Center located?
Inner Beauty Center is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 471261667. It is classified under NTEE code I31.
How many years of IRS 990 filings does Inner Beauty Center have?
Inner Beauty Center 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. The most recent filing shows $199K in total revenue.
Filing History
IRS 990 filing history for Inner Beauty Center showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2014–2023), Inner Beauty Center's revenue has grown by 147.6%, moving from $51K to $127K. Total assets increased by 28.1% over the same period, from $48K to $61K. Total functional expenses rose by 3882%, from $4K to $144K. In its most recent filing year (2023), Inner Beauty Center reported a deficit of $17K, with expenses exceeding revenue. The organization holds $4K in liabilities against $61K in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $57K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $127K | $144K | $61K | $4K | — | View 990 |
| 2022 | $75K | $83K | $77K | $3K | — | View 990 |
| 2020 | $89K | $92K | $68K | $2K | — | View 990 |
| 2019 | $103K | $64K | $69K | $0 | — | View 990 |
| 2018 | $53K | $44K | $31K | $0 | — | View 990 |
| 2014 | $51K | $4K | $48K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $127K, expenses of $144K, and assets of $61K (revenue +68.9% year-over-year).
- 2022: Revenue of $75K, expenses of $83K, and assets of $77K (revenue -15.2% year-over-year).
- 2020: Revenue of $89K, expenses of $92K, and assets of $68K (revenue -13.8% year-over-year).
- 2019: Revenue of $103K, expenses of $64K, and assets of $69K (revenue +95.6% year-over-year).
- 2018: Revenue of $53K, expenses of $44K, and assets of $31K (revenue +2.5% year-over-year).
- 2014: Revenue of $51K, expenses of $4K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Inner Beauty Center:
Data Sources and Methodology
This transparency report for Inner Beauty Center 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.