Iota All Sports Backers
EIN: 822692876 · Iota, LA · NTEE: B11
| Metric | Value |
|---|---|
| Total Revenue | $166K |
| Total Expenses | $133K |
| Net Assets | $45K |
Is Iota All Sports Backers Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iota All Sports Backers
Iota All Sports Backers (EIN: 822692876) is a nonprofit organization based in Iota, LA, classified under NTEE code B11. The organization reported total revenue of $166K and total assets of $62K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iota All Sports Backers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iota All Sports Backers is a small nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $74K |
| Total Expenses | $133K |
| Surplus / Deficit | $-59,044 |
| Total Assets | $45K |
| Net Assets | $45K |
| Operating Margin | -79.8% |
| Months of Reserves | 4.0 months |
Financial Health Grade: B
In 2023, Iota All Sports Backers reported a deficit of $59K with expenses exceeding revenue, holds 4.0 months of operating reserves (adequate).
Financial Trends
Over 6 years of filings (2018–2023), Iota All Sports Backers's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.1% | +0.2% | -56.8% |
| 2022 | -2.6% | +35.1% | -4.5% |
| 2021 | +43.6% | +82.1% | +43.7% |
| 2020 | -14.0% | -45.6% | +98.0% |
| 2019 | +96.1% | +128.1% | +22.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iota All Sports Backers 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 Iota All Sports Backers 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 $59K, with expenses exceeding revenue.
Frequently Asked Questions about Iota All Sports Backers
Is Iota All Sports Backers a legitimate charity?
Iota All Sports Backers (EIN: 822692876) is a registered tax-exempt nonprofit based in Louisiana. It has 6 years of IRS 990 filings on record. Total revenue: $166K. No red flags identified. Financial health grade: B.
How does Iota All Sports Backers spend its money?
Iota All Sports Backers reported $166K 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 Iota All Sports Backers tax-deductible?
Iota All Sports Backers is registered as a tax-exempt nonprofit (EIN: 822692876). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iota All Sports Backers located?
Iota All Sports Backers is headquartered in Iota, Louisiana and files with the IRS under EIN 822692876. It is classified under NTEE code B11.
How many years of IRS 990 filings does Iota All Sports Backers have?
Iota All Sports Backers 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 $166K in total revenue.
Filing History
IRS 990 filing history for Iota All Sports Backers showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Iota All Sports Backers's revenue has grown by 36.5%, moving from $54K to $74K. Total assets increased by 43.9% over the same period, from $31K to $45K. Total functional expenses rose by 205.8%, from $44K to $133K. In its most recent filing year (2023), Iota All Sports Backers reported a deficit of $59K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $74K | $133K | $45K | $0 | — | — |
| 2022 | $128K | $133K | $104K | $0 | — | View 990 |
| 2021 | $131K | $98K | $109K | $0 | — | View 990 |
| 2020 | $91K | $54K | $76K | $0 | — | — |
| 2019 | $106K | $99K | $38K | $0 | — | View 990 |
| 2018 | $54K | $44K | $31K | $20K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $74K, expenses of $133K, and assets of $45K (revenue -42.1% year-over-year).
- 2022: Revenue of $128K, expenses of $133K, and assets of $104K (revenue -2.6% year-over-year).
- 2021: Revenue of $131K, expenses of $98K, and assets of $109K (revenue +43.6% year-over-year).
- 2020: Revenue of $91K, expenses of $54K, and assets of $76K (revenue -14.0% year-over-year).
- 2019: Revenue of $106K, expenses of $99K, and assets of $38K (revenue +96.1% year-over-year).
- 2018: Revenue of $54K, expenses of $44K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iota All Sports Backers:
Data Sources and Methodology
This transparency report for Iota All Sports Backers 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.