Katinas Klassroom
EIN: 824613057 · Mendenhall, MS · NTEE: B20
Is Katinas Klassroom Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Katinas Klassroom
Katinas Klassroom (EIN: 824613057) is a nonprofit organization based in Mendenhall, MS, classified under NTEE code B20. The organization reported total revenue of $800 and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Katinas Klassroom's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Katinas Klassroom is a micro nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -23.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $13K |
| Surplus / Deficit | $-283 |
| Total Assets | $11K |
| Total Liabilities | $1 |
| Net Assets | $11K |
| Operating Margin | -2.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 10.6 months |
Financial Health Grade: B
In 2023, Katinas Klassroom reported a deficit of $283 with expenses exceeding revenue, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Katinas Klassroom's revenue has declined at a compound annual growth rate (CAGR) of -23.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +439.7% | +189.2% | -1.3% |
| 2022 | -39.1% | +73.5% | -15.5% |
| 2021 | +52.0% | +91.2% | +10.2% |
| 2020 | -93.0% | -95.1% | +10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Katinas Klassroom 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 Katinas Klassroom 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 $283, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Katinas Klassroom
Is Katinas Klassroom a legitimate charity?
Based on AI analysis of IRS 990 filings, Katinas Klassroom (EIN: 824613057) insufficient data. 0 red flags identified, 0 strengths noted.
How does Katinas Klassroom spend its money?
Detailed spending breakdown data is not yet available for Katinas Klassroom. Check back for updated IRS 990 analysis.
Are donations to Katinas Klassroom tax-deductible?
Katinas Klassroom is registered as a tax-exempt nonprofit (EIN: 824613057). 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 Katinas Klassroom showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Katinas Klassroom's revenue has declined by 64.8%, moving from $36K to $13K. Total assets increased by 1.5% over the same period, from $11K to $11K. Total functional expenses fell by 53.4%, from $28K to $13K. In its most recent filing year (2023), Katinas Klassroom reported a deficit of $283, with expenses exceeding revenue. The organization holds $1 in liabilities against $11K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13K | $13K | $11K | $1 | — | — |
| 2022 | $2K | $4K | $12K | $1 | — | View 990 |
| 2021 | $4K | $3K | $14K | $1 | — | — |
| 2020 | $3K | $1K | $13K | $1 | — | — |
| 2019 | $36K | $28K | $11K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13K, expenses of $13K, and assets of $11K (revenue +439.7% year-over-year).
- 2022: Revenue of $2K, expenses of $4K, and assets of $12K (revenue -39.1% year-over-year).
- 2021: Revenue of $4K, expenses of $3K, and assets of $14K (revenue +52.0% year-over-year).
- 2020: Revenue of $3K, expenses of $1K, and assets of $13K (revenue -93.0% year-over-year).
- 2019: Revenue of $36K, expenses of $28K, and assets of $11K.
Data Sources and Methodology
This transparency report for Katinas Klassroom 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.