Love In Stitches
EIN: 461841333 · Sheridan, WY · NTEE: W99
| Metric | Value |
|---|---|
| Total Revenue | $806 |
| Total Expenses | $1K |
| Net Assets | $2K |
Is Love In Stitches Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Love In Stitches
Love In Stitches (EIN: 461841333) is a nonprofit organization based in Sheridan, WY, classified under NTEE code W99. The organization reported total revenue of $806 and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Love In Stitches's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Love In Stitches is a micro nonprofit that has been operating for 12 years, with 6 years of IRS 990 filings on record (2014–2022). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $904 |
| Total Expenses | $1K |
| Surplus / Deficit | $-222 |
| Total Assets | $2K |
| Total Liabilities | $1 |
| Net Assets | $2K |
| Operating Margin | -24.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 24.9 months |
Financial Health Grade: B
In 2022, Love In Stitches reported a deficit of $222 with expenses exceeding revenue, holds 24.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2014–2022), Love In Stitches's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -75.2% | -29.3% | +116800.0% |
| 2021 | +539.1% | +231.2% | -99.6% |
| 2020 | -12.3% | -63.3% | +21.1% |
| 2019 | -33.7% | +256.7% | -54.7% |
| 2015 | +24.7% | -60.4% | +194.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Love In Stitches 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 Love In Stitches 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $222, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Love In Stitches
Is Love In Stitches a legitimate charity?
Love In Stitches (EIN: 461841333) is a registered tax-exempt nonprofit based in Wyoming. It has 6 years of IRS 990 filings on record. Total revenue: $806. No red flags identified. Financial health grade: B.
How does Love In Stitches spend its money?
Love In Stitches reported $806 in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Love In Stitches tax-deductible?
Love In Stitches is registered as a tax-exempt nonprofit (EIN: 461841333). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Love In Stitches located?
Love In Stitches is headquartered in Sheridan, Wyoming and files with the IRS under EIN 461841333. It is classified under NTEE code W99.
How many years of IRS 990 filings does Love In Stitches have?
Love In Stitches has 6 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 $806 in total revenue.
Filing History
IRS 990 filing history for Love In Stitches showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2014–2022), Love In Stitches's revenue has grown by 15%, moving from $786 to $904. Total assets increased by 639.9% over the same period, from $316 to $2K. Total functional expenses rose by 21.6%, from $926 to $1K. In its most recent filing year (2022), Love In Stitches reported a deficit of $222, with expenses exceeding revenue. The organization holds $1 in liabilities against $2K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $904 | $1K | $2K | $1 | — | — |
| 2021 | $4K | $2K | $2 | $1 | — | — |
| 2020 | $570 | $481 | $510 | $1 | — | View 990 |
| 2019 | $650 | $1K | $421 | $0 | — | View 990 |
| 2015 | $980 | $367 | $929 | $0 | — | View 990 |
| 2014 | $786 | $926 | $316 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $904, expenses of $1K, and assets of $2K (revenue -75.2% year-over-year).
- 2021: Revenue of $4K, expenses of $2K, and assets of $2 (revenue +539.1% year-over-year).
- 2020: Revenue of $570, expenses of $481, and assets of $510 (revenue -12.3% year-over-year).
- 2019: Revenue of $650, expenses of $1K, and assets of $421 (revenue -33.7% year-over-year).
- 2015: Revenue of $980, expenses of $367, and assets of $929 (revenue +24.7% year-over-year).
- 2014: Revenue of $786, expenses of $926, and assets of $316.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Love In Stitches:
Data Sources and Methodology
This transparency report for Love In Stitches 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.