Kids Business Inc
EIN: 421508081 · De Witt, IA · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $300K |
| Total Expenses | $466K |
| Net Assets | $196K |
Is Kids Business Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kids Business Inc
Kids Business Inc (EIN: 421508081) is a nonprofit organization based in De Witt, IA, classified under NTEE code P33. The organization reported total revenue of $300K and total assets of $225K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kids Business Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kids Business Inc is a small nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $429K |
| Total Expenses | $466K |
| Surplus / Deficit | $-36,996 |
| Total Assets | $280K |
| Total Liabilities | $84K |
| Net Assets | $196K |
| Operating Margin | -8.6% |
| Debt-to-Asset Ratio | 30.1% |
| Months of Reserves | 7.2 months |
Financial Health Grade: B
In 2023, Kids Business Inc reported a deficit of $37K with expenses exceeding revenue, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 30.1% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Kids Business Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.8% | -10.6% | -17.6% |
| 2022 | +24.7% | +8.5% | -21.8% |
| 2021 | +7.8% | +13.8% | +21.8% |
| 2020 | -9.2% | -7.9% | +9.8% |
| 2019 | -6.0% | +2.4% | -9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kids Business 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 Kids Business 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 $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 30.1%.
Frequently Asked Questions about Kids Business Inc
Is Kids Business Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kids Business Inc (EIN: 421508081) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kids Business Inc spend its money?
Detailed spending breakdown data is not yet available for Kids Business Inc. Check back for updated IRS 990 analysis.
Are donations to Kids Business Inc tax-deductible?
Kids Business Inc is registered as a tax-exempt nonprofit (EIN: 421508081). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kids Business Inc located?
Kids Business Inc is headquartered in De Witt, Iowa and files with the IRS under EIN 421508081. It is classified under NTEE code P33.
How many years of IRS 990 filings does Kids Business Inc have?
Kids Business 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 $300K in total revenue.
Filing History
IRS 990 filing history for Kids Business Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Kids Business Inc's revenue has grown by 5.7%, moving from $406K to $429K. Total assets decreased by 39% over the same period, from $459K to $280K. Total functional expenses rose by 17.9%, from $395K to $466K. In its most recent filing year (2023), Kids Business Inc reported a deficit of $37K, with expenses exceeding revenue. The organization holds $84K in liabilities against $280K in assets (debt-to-asset ratio: 30.1%), resulting in net assets of $196K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $429K | $466K | $280K | $84K | — | — |
| 2022 | $563K | $521K | $340K | $107K | — | View 990 |
| 2021 | $451K | $480K | $434K | $244K | — | — |
| 2020 | $419K | $422K | $357K | $138K | — | View 990 |
| 2019 | $461K | $458K | $325K | $108K | — | View 990 |
| 2018 | $491K | $447K | $361K | $138K | — | — |
| 2017 | $404K | $395K | $366K | $170K | — | View 990 |
| 2016 | $333K | $354K | $343K | $155K | — | View 990 |
| 2015 | $305K | $332K | $383K | $179K | — | View 990 |
| 2014 | $373K | $368K | $431K | $200K | — | View 990 |
| 2013 | $418K | $400K | $447K | $222K | — | View 990 |
| 2012 | $406K | $395K | $459K | $251K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $429K, expenses of $466K, and assets of $280K (revenue -23.8% year-over-year).
- 2022: Revenue of $563K, expenses of $521K, and assets of $340K (revenue +24.7% year-over-year).
- 2021: Revenue of $451K, expenses of $480K, and assets of $434K (revenue +7.8% year-over-year).
- 2020: Revenue of $419K, expenses of $422K, and assets of $357K (revenue -9.2% year-over-year).
- 2019: Revenue of $461K, expenses of $458K, and assets of $325K (revenue -6.0% year-over-year).
- 2018: Revenue of $491K, expenses of $447K, and assets of $361K (revenue +21.4% year-over-year).
- 2017: Revenue of $404K, expenses of $395K, and assets of $366K (revenue +21.3% year-over-year).
- 2016: Revenue of $333K, expenses of $354K, and assets of $343K (revenue +9.2% year-over-year).
- 2015: Revenue of $305K, expenses of $332K, and assets of $383K (revenue -18.2% year-over-year).
- 2014: Revenue of $373K, expenses of $368K, and assets of $431K (revenue -10.8% year-over-year).
- 2013: Revenue of $418K, expenses of $400K, and assets of $447K (revenue +3.0% year-over-year).
- 2012: Revenue of $406K, expenses of $395K, and assets of $459K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kids Business Inc:
Data Sources and Methodology
This transparency report for Kids Business 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.