Kangaroos Pouch Inc
EIN: 237325474 · Chelsea, MA · NTEE: P33Z
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $964K |
| Net Assets | $554K |
Is Kangaroos Pouch Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kangaroos Pouch Inc
Kangaroos Pouch Inc (EIN: 237325474) is a nonprofit organization based in Chelsea, MA, classified under NTEE code P33Z. The organization reported total revenue of $1.3M and total assets of $752K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kangaroos Pouch Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kangaroos Pouch Inc is a mid-size nonprofit that has been operating for 53 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $964K |
| Surplus / Deficit | +$278K |
| Total Assets | $627K |
| Total Liabilities | $72K |
| Net Assets | $554K |
| Operating Margin | 22.4% |
| Debt-to-Asset Ratio | 11.6% |
| Months of Reserves | 7.8 months |
Financial Health Grade: A
In 2023, Kangaroos Pouch Inc reported a surplus of $278K with revenue exceeding expenses, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 11.6% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Kangaroos Pouch Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.8% | +30.0% | +77.4% |
| 2022 | +44.2% | +3.5% | +88.5% |
| 2021 | -14.8% | +1.9% | -30.2% |
| 2020 | +10.7% | +0.4% | +113.0% |
| 2019 | +1.7% | -5.3% | -28.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kangaroos Pouch 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 Kangaroos Pouch 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 $278K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.6%.
Frequently Asked Questions about Kangaroos Pouch Inc
Is Kangaroos Pouch Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kangaroos Pouch Inc (EIN: 237325474) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kangaroos Pouch Inc spend its money?
Detailed spending breakdown data is not yet available for Kangaroos Pouch Inc. Check back for updated IRS 990 analysis.
Are donations to Kangaroos Pouch Inc tax-deductible?
Kangaroos Pouch Inc is registered as a tax-exempt nonprofit (EIN: 237325474). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kangaroos Pouch Inc located?
Kangaroos Pouch Inc is headquartered in Chelsea, Massachusetts and files with the IRS under EIN 237325474. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Kangaroos Pouch Inc have?
Kangaroos Pouch Inc has 12 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Kangaroos Pouch Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Kangaroos Pouch Inc's revenue has grown by 92.6%, moving from $645K to $1.2M. Total assets increased by 106.3% over the same period, from $304K to $627K. Total functional expenses rose by 47.5%, from $654K to $964K. In its most recent filing year (2023), Kangaroos Pouch Inc reported a surplus of $278K, with revenue exceeding expenses. The organization holds $72K in liabilities against $627K in assets (debt-to-asset ratio: 11.6%), resulting in net assets of $554K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $964K | $627K | $72K | — | View 990 |
| 2022 | $908K | $742K | $353K | $77K | — | View 990 |
| 2021 | $629K | $717K | $187K | $77K | — | View 990 |
| 2020 | $739K | $703K | $269K | $165K | — | — |
| 2019 | $668K | $700K | $126K | $58K | — | View 990 |
| 2018 | $656K | $740K | $176K | $76K | — | View 990 |
| 2017 | $691K | $679K | $254K | $64K | — | View 990 |
| 2016 | $624K | $665K | $237K | $58K | — | View 990 |
| 2015 | $639K | $634K | $284K | $55K | — | View 990 |
| 2014 | $630K | $658K | $291K | $59K | — | View 990 |
| 2013 | $627K | $643K | $297K | $41K | — | View 990 |
| 2012 | $645K | $654K | $304K | $39K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $964K, and assets of $627K (revenue +36.8% year-over-year).
- 2022: Revenue of $908K, expenses of $742K, and assets of $353K (revenue +44.2% year-over-year).
- 2021: Revenue of $629K, expenses of $717K, and assets of $187K (revenue -14.8% year-over-year).
- 2020: Revenue of $739K, expenses of $703K, and assets of $269K (revenue +10.7% year-over-year).
- 2019: Revenue of $668K, expenses of $700K, and assets of $126K (revenue +1.7% year-over-year).
- 2018: Revenue of $656K, expenses of $740K, and assets of $176K (revenue -5.0% year-over-year).
- 2017: Revenue of $691K, expenses of $679K, and assets of $254K (revenue +10.7% year-over-year).
- 2016: Revenue of $624K, expenses of $665K, and assets of $237K (revenue -2.3% year-over-year).
- 2015: Revenue of $639K, expenses of $634K, and assets of $284K (revenue +1.4% year-over-year).
- 2014: Revenue of $630K, expenses of $658K, and assets of $291K (revenue +0.5% year-over-year).
- 2013: Revenue of $627K, expenses of $643K, and assets of $297K (revenue -2.8% year-over-year).
- 2012: Revenue of $645K, expenses of $654K, and assets of $304K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kangaroos Pouch Inc:
Data Sources and Methodology
This transparency report for Kangaroos Pouch 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.