Inside Track Wow Foundation Inc
EIN: 843710854 · Piney Flats, TN · NTEE: J22
| Metric | Value |
|---|---|
| Total Revenue | $133K |
| Total Expenses | $87K |
| Net Assets | $8K |
Is Inside Track Wow Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Inside Track Wow Foundation Inc
Inside Track Wow Foundation Inc (EIN: 843710854) is a nonprofit organization based in Piney Flats, TN, classified under NTEE code J22. The organization reported total revenue of $133K and total assets of $57K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Inside Track Wow Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Inside Track Wow Foundation Inc is a small nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -29.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $70K |
| Total Expenses | $87K |
| Surplus / Deficit | $-16,127 |
| Total Assets | $69K |
| Total Liabilities | $61K |
| Net Assets | $8K |
| Operating Margin | -22.9% |
| Debt-to-Asset Ratio | 88.5% |
| Months of Reserves | 9.6 months |
Financial Health Grade: C
In 2023, Inside Track Wow Foundation Inc reported a deficit of $16K with expenses exceeding revenue, holds 9.6 months of operating reserves (strong position), has a debt-to-asset ratio of 88.5% (high leverage).
Financial Trends
Over 3 years of filings (2021–2023), Inside Track Wow Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -29.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +229.9% | +204.7% | -26.9% |
| 2022 | -84.8% | -76.4% | +254.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Inside Track Wow Foundation 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 Inside Track Wow Foundation 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 deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 88.5%.
Frequently Asked Questions about Inside Track Wow Foundation Inc
Is Inside Track Wow Foundation Inc a legitimate charity?
Inside Track Wow Foundation Inc (EIN: 843710854) is a registered tax-exempt nonprofit based in Tennessee. It has 3 years of IRS 990 filings on record. Total revenue: $133K. No red flags identified. Financial health grade: C.
How does Inside Track Wow Foundation Inc spend its money?
Inside Track Wow Foundation Inc reported $133K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Inside Track Wow Foundation Inc tax-deductible?
Inside Track Wow Foundation Inc is registered as a tax-exempt nonprofit (EIN: 843710854). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Inside Track Wow Foundation Inc located?
Inside Track Wow Foundation Inc is headquartered in Piney Flats, Tennessee and files with the IRS under EIN 843710854. It is classified under NTEE code J22.
How many years of IRS 990 filings does Inside Track Wow Foundation Inc have?
Inside Track Wow Foundation Inc has 3 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 $133K in total revenue.
Filing History
IRS 990 filing history for Inside Track Wow Foundation Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Inside Track Wow Foundation Inc's revenue has declined by 50%, moving from $141K to $70K. Total assets increased by 159.4% over the same period, from $27K to $69K. Total functional expenses fell by 28.2%, from $121K to $87K. In its most recent filing year (2023), Inside Track Wow Foundation Inc reported a deficit of $16K, with expenses exceeding revenue. The organization holds $61K in liabilities against $69K in assets (debt-to-asset ratio: 88.5%), resulting in net assets of $8K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $70K | $87K | $69K | $61K | — | — |
| 2022 | $21K | $28K | $95K | $72K | — | — |
| 2021 | $141K | $121K | $27K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $70K, expenses of $87K, and assets of $69K (revenue +229.9% year-over-year).
- 2022: Revenue of $21K, expenses of $28K, and assets of $95K (revenue -84.8% year-over-year).
- 2021: Revenue of $141K, expenses of $121K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Inside Track Wow Foundation Inc:
Data Sources and Methodology
This transparency report for Inside Track Wow Foundation 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.