Islands Of Brilliance Inc
EIN: 471249195 · Milwaukee, WI · NTEE: G84
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $971K |
| Net Assets | $366K |
Is Islands Of Brilliance Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Islands Of Brilliance Inc
Islands Of Brilliance Inc (EIN: 471249195) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code G84. The organization reported total revenue of $1.0M and total assets of $360K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Islands Of Brilliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Islands Of Brilliance Inc is a mid-size nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 39.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $971K |
| Surplus / Deficit | +$57K |
| Total Assets | $649K |
| Total Liabilities | $283K |
| Net Assets | $366K |
| Operating Margin | 5.5% |
| Debt-to-Asset Ratio | 43.7% |
| Months of Reserves | 8.0 months |
Financial Health Grade: A
In 2023, Islands Of Brilliance Inc reported a surplus of $57K with revenue exceeding expenses, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 43.7% (moderate leverage).
Financial Trends
Over 9 years of filings (2016–2023), Islands Of Brilliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 39.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.1% | +38.8% | +220.8% |
| 2022 | +22.6% | +24.8% | +42.5% |
| 2021 | +20.7% | -4.8% | +39.3% |
| 2020 | +71.8% | +162.3% | -48.7% |
| 2019 | -24.4% | -31.6% | +46.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Islands Of Brilliance 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 Islands Of Brilliance 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 $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.7%.
Frequently Asked Questions about Islands Of Brilliance Inc
Is Islands Of Brilliance Inc a legitimate charity?
Islands Of Brilliance Inc (EIN: 471249195) is a registered tax-exempt nonprofit based in Wisconsin. It has 9 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. Financial health grade: A.
How does Islands Of Brilliance Inc spend its money?
Islands Of Brilliance Inc reported $1.0M in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Islands Of Brilliance Inc tax-deductible?
Islands Of Brilliance Inc is registered as a tax-exempt nonprofit (EIN: 471249195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Islands Of Brilliance Inc located?
Islands Of Brilliance Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 471249195. It is classified under NTEE code G84.
How many years of IRS 990 filings does Islands Of Brilliance Inc have?
Islands Of Brilliance Inc has 9 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Islands Of Brilliance Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2016–2023), Islands Of Brilliance Inc's revenue has grown by 933.2%, moving from $100K to $1.0M. Total assets increased by 3214.7% over the same period, from $20K to $649K. Total functional expenses rose by 840.8%, from $103K to $971K. In its most recent filing year (2023), Islands Of Brilliance Inc reported a surplus of $57K, with revenue exceeding expenses. The organization holds $283K in liabilities against $649K in assets (debt-to-asset ratio: 43.7%), resulting in net assets of $366K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $971K | $649K | $283K | — | View 990 |
| 2022 | $739K | $700K | $202K | $6K | — | — |
| 2021 | $603K | $561K | $142K | $0 | — | View 990 |
| 2020 | $499K | $589K | $102K | $3K | — | — |
| 2019 | $291K | $225K | $199K | $10K | — | View 990 |
| 2019 | $385K | $328K | $135K | $15K | — | View 990 |
| 2018 | $260K | $218K | $69K | $4K | — | View 990 |
| 2017 | $146K | $140K | $25K | $3K | — | View 990 |
| 2016 | $100K | $103K | $20K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $971K, and assets of $649K (revenue +39.1% year-over-year).
- 2022: Revenue of $739K, expenses of $700K, and assets of $202K (revenue +22.6% year-over-year).
- 2021: Revenue of $603K, expenses of $561K, and assets of $142K (revenue +20.7% year-over-year).
- 2020: Revenue of $499K, expenses of $589K, and assets of $102K (revenue +71.8% year-over-year).
- 2019: Revenue of $291K, expenses of $225K, and assets of $199K (revenue -24.4% year-over-year).
- 2019: Revenue of $385K, expenses of $328K, and assets of $135K (revenue +47.9% year-over-year).
- 2018: Revenue of $260K, expenses of $218K, and assets of $69K (revenue +78.1% year-over-year).
- 2017: Revenue of $146K, expenses of $140K, and assets of $25K (revenue +46.7% year-over-year).
- 2016: Revenue of $100K, expenses of $103K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Islands Of Brilliance Inc:
Data Sources and Methodology
This transparency report for Islands Of Brilliance 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.