Jeep Beach Inc
EIN: 823113276 · Ormond Beach, FL · NTEE: P12
Is Jeep Beach Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jeep Beach Inc
Jeep Beach Inc (EIN: 823113276) is a nonprofit organization based in Ormond Beach, FL, classified under NTEE code P12. The organization reported total revenue of $2.9M and total assets of $161K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jeep Beach Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jeep Beach Inc is a mid-size 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 23.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-213,470 |
| Total Assets | $273K |
| Total Liabilities | $13K |
| Net Assets | $260K |
| Operating Margin | -9.6% |
| Debt-to-Asset Ratio | 4.8% |
| Months of Reserves | 1.3 months |
Financial Health Grade: C
In 2023, Jeep Beach Inc reported a deficit of $213K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 4.8% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Jeep Beach Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.2% | +40.5% | -42.2% |
| 2022 | +26.2% | +22.4% | +91.6% |
| 2021 | +339.6% | +553.8% | +28.3% |
| 2020 | -63.1% | -75.5% | +140.5% |
| 2019 | +17.8% | +26.0% | +16.2% |
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 Jeep Beach 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 Jeep Beach 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 $213K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.8%.
Frequently Asked Questions about Jeep Beach Inc
Is Jeep Beach Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jeep Beach Inc (EIN: 823113276) insufficient data. 0 red flags identified, 0 strengths noted.
How does Jeep Beach Inc spend its money?
Detailed spending breakdown data is not yet available for Jeep Beach Inc. Check back for updated IRS 990 analysis.
Are donations to Jeep Beach Inc tax-deductible?
Jeep Beach Inc is registered as a tax-exempt nonprofit (EIN: 823113276). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Jeep Beach Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Jeep Beach Inc's revenue has grown by 192.6%, moving from $761K to $2.2M. Total assets increased by 297% over the same period, from $69K to $273K. Total functional expenses rose by 246.6%, from $704K to $2.4M. In its most recent filing year (2023), Jeep Beach Inc reported a deficit of $213K, with expenses exceeding revenue. The organization holds $13K in liabilities against $273K in assets (debt-to-asset ratio: 4.8%), resulting in net assets of $260K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.4M | $273K | $13K | — | — |
| 2022 | $1.8M | $1.7M | $473K | $4K | — | View 990 |
| 2021 | $1.5M | $1.4M | $247K | $16K | — | View 990 |
| 2020 | $331K | $217K | $192K | $550 | — | — |
| 2019 | $896K | $887K | $80K | $2K | — | View 990 |
| 2018 | $761K | $704K | $69K | $577 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.4M, and assets of $273K (revenue +21.2% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.7M, and assets of $473K (revenue +26.2% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.4M, and assets of $247K (revenue +339.6% year-over-year).
- 2020: Revenue of $331K, expenses of $217K, and assets of $192K (revenue -63.1% year-over-year).
- 2019: Revenue of $896K, expenses of $887K, and assets of $80K (revenue +17.8% year-over-year).
- 2018: Revenue of $761K, expenses of $704K, and assets of $69K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jeep Beach Inc:
Data Sources and Methodology
This transparency report for Jeep Beach 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.