Larkin Inc Chip L Railing
EIN: 550718164 · Wheeling, WV
| Metric | Value |
|---|---|
| Total Revenue | $79K |
| Total Expenses | $103K |
| Net Assets | $190K |
Is Larkin Inc Chip L Railing Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Larkin Inc Chip L Railing
Larkin Inc Chip L Railing (EIN: 550718164) is a nonprofit organization based in Wheeling, WV. The organization reported total revenue of $79K and total assets of $202K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Larkin Inc Chip L Railing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Larkin Inc Chip L Railing is a micro nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $103K |
| Surplus / Deficit | $-36,164 |
| Total Assets | $309K |
| Total Liabilities | $119K |
| Net Assets | $190K |
| Operating Margin | -53.8% |
| Debt-to-Asset Ratio | 38.5% |
| Months of Reserves | 35.9 months |
Financial Health Grade: B
In 2023, Larkin Inc Chip L Railing reported a deficit of $36K with expenses exceeding revenue, holds 35.9 months of operating reserves (strong position), has a debt-to-asset ratio of 38.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Larkin Inc Chip L Railing's revenue has declined at a compound annual growth rate (CAGR) of -8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.7% | +0.1% | -4.3% |
| 2022 | -1.0% | +6.7% | -0.3% |
| 2021 | -2.0% | +26.3% | -4.5% |
| 2020 | +1.2% | -17.1% | +2.0% |
| 2019 | +8.4% | +21.6% | -8.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Larkin Inc Chip L Railing 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 Larkin Inc Chip L Railing 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 $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 38.5%.
Frequently Asked Questions about Larkin Inc Chip L Railing
Is Larkin Inc Chip L Railing a legitimate charity?
Larkin Inc Chip L Railing (EIN: 550718164) is a registered tax-exempt nonprofit based in West Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $79K. No red flags identified. Financial health grade: B.
How does Larkin Inc Chip L Railing spend its money?
Larkin Inc Chip L Railing reported $79K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Larkin Inc Chip L Railing tax-deductible?
Larkin Inc Chip L Railing is registered as a tax-exempt nonprofit (EIN: 550718164). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Larkin Inc Chip L Railing located?
Larkin Inc Chip L Railing is headquartered in Wheeling, West Virginia and files with the IRS under EIN 550718164.
How many years of IRS 990 filings does Larkin Inc Chip L Railing have?
Larkin Inc Chip L Railing has 13 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 $79K in total revenue.
Filing History
IRS 990 filing history for Larkin Inc Chip L Railing showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Larkin Inc Chip L Railing's revenue has declined by 64.9%, moving from $191K to $67K. Total assets decreased by 41.1% over the same period, from $525K to $309K. Total functional expenses rose by 62.7%, from $64K to $103K. In its most recent filing year (2023), Larkin Inc Chip L Railing reported a deficit of $36K, with expenses exceeding revenue. The organization holds $119K in liabilities against $309K in assets (debt-to-asset ratio: 38.5%), resulting in net assets of $190K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $67K | $103K | $309K | $119K | — | View 990 |
| 2022 | $61K | $103K | $323K | $97K | — | — |
| 2021 | $62K | $97K | $324K | $56K | — | — |
| 2020 | $63K | $77K | $339K | $36K | — | — |
| 2019 | $63K | $92K | $333K | $16K | — | View 990 |
| 2018 | $58K | $76K | $364K | $17K | — | View 990 |
| 2017 | $58K | $76K | $382K | $17K | — | View 990 |
| 2016 | $55K | $77K | $396K | $12K | — | View 990 |
| 2015 | $55K | $90K | $425K | $20K | — | View 990 |
| 2014 | $51K | $105K | $477K | $37K | — | View 990 |
| 2013 | $55K | $75K | $501K | $7K | — | View 990 |
| 2012 | $71K | $73K | $522K | $9K | — | View 990 |
| 2011 | $191K | $64K | $525K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $67K, expenses of $103K, and assets of $309K (revenue +9.7% year-over-year).
- 2022: Revenue of $61K, expenses of $103K, and assets of $323K (revenue -1.0% year-over-year).
- 2021: Revenue of $62K, expenses of $97K, and assets of $324K (revenue -2.0% year-over-year).
- 2020: Revenue of $63K, expenses of $77K, and assets of $339K (revenue +1.2% year-over-year).
- 2019: Revenue of $63K, expenses of $92K, and assets of $333K (revenue +8.4% year-over-year).
- 2018: Revenue of $58K, expenses of $76K, and assets of $364K (revenue -0.7% year-over-year).
- 2017: Revenue of $58K, expenses of $76K, and assets of $382K (revenue +4.7% year-over-year).
- 2016: Revenue of $55K, expenses of $77K, and assets of $396K (revenue +0.1% year-over-year).
- 2015: Revenue of $55K, expenses of $90K, and assets of $425K (revenue +8.4% year-over-year).
- 2014: Revenue of $51K, expenses of $105K, and assets of $477K (revenue -7.8% year-over-year).
- 2013: Revenue of $55K, expenses of $75K, and assets of $501K (revenue -21.7% year-over-year).
- 2012: Revenue of $71K, expenses of $73K, and assets of $522K (revenue -63.0% year-over-year).
- 2011: Revenue of $191K, expenses of $64K, and assets of $525K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Larkin Inc Chip L Railing:
Data Sources and Methodology
This transparency report for Larkin Inc Chip L Railing 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.