Military Spouses Of Newport
Declining Revenue and High Administrative Costs Raise Concerns for Military Spouses Of Newport
EIN: 223055531 · Newport, RI · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $7K |
| Net Assets | $43K |
| Transparency Score | 60/100 |
Is Military Spouses Of Newport Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Military Spouses Of Newport
Military Spouses Of Newport (EIN: 223055531) is a nonprofit organization based in Newport, RI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Military Spouses Of Newport's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Military Spouses Of Newport is a micro nonprofit that has been operating for 35 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -23.2%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $7K |
| Surplus / Deficit | $-1,746 |
| Total Assets | $43K |
| Net Assets | $43K |
| Operating Margin | -34.7% |
| Months of Reserves | 76.0 months |
Financial Health Grade: B
In 2020, Military Spouses Of Newport reported a deficit of $2K with expenses exceeding revenue, holds 76.0 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2020), Military Spouses Of Newport's revenue has declined at a compound annual growth rate (CAGR) of -23.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -49.4% | -48.4% | -3.9% |
| 2019 | -28.7% | -31.9% | -6.7% |
| 2018 | -55.6% | +1.8% | -10.1% |
| 2017 | +73.5% | +104.9% | +30.6% |
| 2016 | -20.1% | -21.9% | +27.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Military Spouses Of Newport with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Military Spouses Of Newport allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures are reported in the provided data; however, all expenses are categorized as administrative, suggesting potential for executive benefit without direct program delivery.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Military Spouses Of Newport's IRS 990 filings:
- Zero program spending reported across all available years, indicating no direct charitable impact.
- Consistent decline in revenue over several years, from $31,410 in 2017 to $5,035 in 2020.
- 100% of reported expenses are administrative, raising questions about the organization's operational purpose.
- Total expenses frequently exceed total revenue, leading to a decrease in net assets.
Strengths
The following positive indicators were identified for Military Spouses Of Newport:
- The organization has maintained its legal status and filed required financial documents consistently.
Frequently Asked Questions about Military Spouses Of Newport
Is Military Spouses Of Newport a legitimate charity?
Based on AI analysis of IRS 990 filings, Military Spouses Of Newport (EIN: 223055531) some concerns. Mission Score: 60/100. 4 red flags identified, 1 strength noted.
How does Military Spouses Of Newport spend its money?
Detailed spending breakdown data is not yet available for Military Spouses Of Newport. Check back for updated IRS 990 analysis.
Are donations to Military Spouses Of Newport tax-deductible?
Military Spouses Of Newport is registered as a tax-exempt nonprofit (EIN: 223055531). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Military Spouses Of Newport located?
Military Spouses Of Newport is headquartered in Newport, Rhode Island and files with the IRS under EIN 223055531.
How many years of IRS 990 filings does Military Spouses Of Newport have?
Military Spouses Of Newport has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What does Military Spouses Of Newport do?
Military Spouses Of Newport is a nonprofit organization in the Unknown sector, located in Newport, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Military Spouses Of Newport have?
Military Spouses Of Newport reported total revenue of N/A. Based on 10 IRS 990 filings on record.
What are Military Spouses Of Newport's total assets?
Military Spouses Of Newport holds total assets of N/A as reported in IRS 990 filings.
Where is Military Spouses Of Newport located?
Military Spouses Of Newport is based in Newport, Rhode Island.
What is Military Spouses Of Newport's EIN?
Military Spouses Of Newport's Employer Identification Number (EIN) is 223055531. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Military Spouses Of Newport?
Military Spouses Of Newport is classified under NTEE code Unknown (Unknown).
Is Military Spouses Of Newport a registered 501(c)(3)?
Military Spouses Of Newport appears in IRS records (EIN: 223055531). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Military Spouses Of Newport file IRS Form 990?
Yes, Military Spouses Of Newport has 10 IRS Form 990 filings on record. The most recent covers tax period 202005.
What was Military Spouses Of Newport's revenue in 2020?
In the 202005 filing period, Military Spouses Of Newport reported total revenue of $5,035, total expenses of $6,781, and net assets of $42,920.
Is Military Spouses Of Newport's revenue growing or declining?
Military Spouses Of Newport's revenue is declining. Revenue went from $9,941 (201906) to $5,035 (202005), a -49.4% change. Based on 10 filings on record.
What is Military Spouses Of Newport's most recent 990 filing?
The most recent IRS Form 990 filing for Military Spouses Of Newport covers tax period 202005. It shows revenue of $5,035, expenses of $6,781, total assets of $42,920, and liabilities of N/A.
Is Military Spouses Of Newport a trustworthy charity?
Based on AI analysis of IRS 990 data, Military Spouses Of Newport shows mixed signals. Mission Score: 60/100 (Good). 4 red flags identified. 1 strength noted.
What are the red flags for Military Spouses Of Newport?
The following concerns were identified: Zero program spending reported across all available years, indicating no direct charitable impact.. Consistent decline in revenue over several years, from $31,410 in 2017 to $5,035 in 2020.. 100% of reported expenses are administrative, raising questions about the organization's operational purpose.. Total expenses frequently exceed total revenue, leading to a decrease in net assets.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Military Spouses Of Newport's strengths?
Positive indicators for Military Spouses Of Newport include: The organization has maintained its legal status and filed required financial documents consistently.. These findings are derived from AI analysis of the organization's financial filings.
How does Military Spouses Of Newport compensate executives?
Executive compensation cannot be assessed as no specific compensation figures are reported in the provided data; however, all expenses are categorized as administrative, suggesting potential for executive benefit without direct program delivery. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given 0% program spending, what specific activities or services does Military Spouses Of Newport provide to fulfill its mission?
The provided data indicates that 100% of expenses are administrative, with no allocation to programs. This suggests that the organization may not be directly providing services or support to military spouses, or that its 'program' activities are entirely subsumed within administrative costs without clear distinction.
How does the organization justify 100% administrative spending when its stated purpose is to support military spouses?
Without further detail on the nature of the administrative expenses, it is difficult to justify 100% administrative spending for a nonprofit aiming to support a specific community. This structure typically indicates a lack of direct charitable output and raises questions about the efficiency and effectiveness of its operations in achieving its mission.
Filing History
IRS 990 filing history for Military Spouses Of Newport showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Military Spouses Of Newport's revenue has declined by 90.7%, moving from $54K to $5K. Total assets increased by 22% over the same period, from $35K to $43K. Total functional expenses fell by 87.4%, from $54K to $7K. In its most recent filing year (2020), Military Spouses Of Newport reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $5K | $7K | $43K | $0 | — | View 990 |
| 2019 | $10K | $13K | $45K | $0 | — | View 990 |
| 2018 | $14K | $19K | $48K | $0 | — | View 990 |
| 2017 | $31K | $19K | $53K | $0 | — | View 990 |
| 2016 | $18K | $9K | $41K | $0 | — | View 990 |
| 2015 | $23K | $12K | $32K | $0 | — | View 990 |
| 2014 | $25K | $28K | $21K | $0 | — | View 990 |
| 2013 | $30K | $43K | $26K | $133 | — | View 990 |
| 2012 | $62K | $59K | $39K | $0 | — | View 990 |
| 2011 | $54K | $54K | $35K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $5K, expenses of $7K, and assets of $43K (revenue -49.4% year-over-year).
- 2019: Revenue of $10K, expenses of $13K, and assets of $45K (revenue -28.7% year-over-year).
- 2018: Revenue of $14K, expenses of $19K, and assets of $48K (revenue -55.6% year-over-year).
- 2017: Revenue of $31K, expenses of $19K, and assets of $53K (revenue +73.5% year-over-year).
- 2016: Revenue of $18K, expenses of $9K, and assets of $41K (revenue -20.1% year-over-year).
- 2015: Revenue of $23K, expenses of $12K, and assets of $32K (revenue -11.0% year-over-year).
- 2014: Revenue of $25K, expenses of $28K, and assets of $21K (revenue -13.7% year-over-year).
- 2013: Revenue of $30K, expenses of $43K, and assets of $26K (revenue -52.7% year-over-year).
- 2012: Revenue of $62K, expenses of $59K, and assets of $39K (revenue +14.6% year-over-year).
- 2011: Revenue of $54K, expenses of $54K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Military Spouses Of Newport:
Data Sources and Methodology
This transparency report for Military Spouses Of Newport 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.