Metroshoe Project Inc
EIN: 455063514 · Oklahoma City, OK · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $22K |
| Total Expenses | $18K |
| Net Assets | $12K |
Is Metroshoe Project Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Metroshoe Project Inc
Metroshoe Project Inc (EIN: 455063514) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code P99. The organization reported total revenue of $22K and total assets of $29K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Metroshoe Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Metroshoe Project Inc is a micro nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27K |
| Total Expenses | $18K |
| Surplus / Deficit | +$8K |
| Total Assets | $28K |
| Total Liabilities | $15K |
| Net Assets | $12K |
| Operating Margin | 31.2% |
| Debt-to-Asset Ratio | 55.2% |
| Months of Reserves | 18.0 months |
Financial Health Grade: A
In 2023, Metroshoe Project Inc reported a surplus of $8K with revenue exceeding expenses, holds 18.0 months of operating reserves (strong position), has a debt-to-asset ratio of 55.2% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Metroshoe Project Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +890.9% | +11.2% | +54.4% |
| 2022 | +225.7% | +2352.3% | -43.6% |
| 2020 | -100.0% | -95.4% | -1.7% |
| 2019 | -56.5% | -50.2% | +34.5% |
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 Metroshoe Project 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 Metroshoe Project 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 $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 55.2%.
Frequently Asked Questions about Metroshoe Project Inc
Is Metroshoe Project Inc a legitimate charity?
Metroshoe Project Inc (EIN: 455063514) is a registered tax-exempt nonprofit based in Oklahoma. It has 12 years of IRS 990 filings on record. Total revenue: $22K. No red flags identified. Financial health grade: A.
How does Metroshoe Project Inc spend its money?
Metroshoe Project Inc reported $22K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Metroshoe Project Inc tax-deductible?
Metroshoe Project Inc is registered as a tax-exempt nonprofit (EIN: 455063514). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Metroshoe Project Inc located?
Metroshoe Project Inc is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 455063514. It is classified under NTEE code P99.
How many years of IRS 990 filings does Metroshoe Project Inc have?
Metroshoe Project 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 $22K in total revenue.
Filing History
IRS 990 filing history for Metroshoe Project Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Metroshoe Project Inc's revenue has declined by 12.8%, moving from $31K to $27K. Total assets increased by 0.3% over the same period, from $28K to $28K. Total functional expenses rose by 201.3%, from $6K to $18K. In its most recent filing year (2023), Metroshoe Project Inc reported a surplus of $8K, with revenue exceeding expenses. The organization holds $15K in liabilities against $28K in assets (debt-to-asset ratio: 55.2%), resulting in net assets of $12K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27K | $18K | $28K | $15K | — | — |
| 2022 | $3K | $17K | $18K | $14K | — | View 990 |
| 2021 | $829 | $675 | $32K | $14K | — | — |
| 2020 | $0 | $551 | $32K | $14K | — | View 990 |
| 2019 | $6K | $12K | $32K | $14K | — | View 990 |
| 2018 | $15K | $24K | $24K | $0 | — | View 990 |
| 2017 | $7K | $27K | $33K | $0 | — | — |
| 2016 | $18K | $2K | $54K | $0 | — | View 990 |
| 2015 | $21K | $10K | $38K | $0 | — | View 990 |
| 2014 | $27K | $22K | $27K | $0 | — | View 990 |
| 2013 | $22K | $24K | $23K | $620 | — | View 990 |
| 2012 | $31K | $6K | $28K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27K, expenses of $18K, and assets of $28K (revenue +890.9% year-over-year).
- 2022: Revenue of $3K, expenses of $17K, and assets of $18K (revenue +225.7% year-over-year).
- 2021: Revenue of $829, expenses of $675, and assets of $32K.
- 2020: Revenue of $0, expenses of $551, and assets of $32K (revenue -100.0% year-over-year).
- 2019: Revenue of $6K, expenses of $12K, and assets of $32K (revenue -56.5% year-over-year).
- 2018: Revenue of $15K, expenses of $24K, and assets of $24K (revenue +125.4% year-over-year).
- 2017: Revenue of $7K, expenses of $27K, and assets of $33K (revenue -63.7% year-over-year).
- 2016: Revenue of $18K, expenses of $2K, and assets of $54K (revenue -13.8% year-over-year).
- 2015: Revenue of $21K, expenses of $10K, and assets of $38K (revenue -21.7% year-over-year).
- 2014: Revenue of $27K, expenses of $22K, and assets of $27K (revenue +19.9% year-over-year).
- 2013: Revenue of $22K, expenses of $24K, and assets of $23K (revenue -27.0% year-over-year).
- 2012: Revenue of $31K, expenses of $6K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Metroshoe Project Inc:
Data Sources and Methodology
This transparency report for Metroshoe Project 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.