Narragansett2100 Inc
EIN: 473053368 · Narragansett, RI · NTEE: S47
| Metric | Value |
|---|---|
| Total Revenue | $78K |
| Total Expenses | $98K |
| Net Assets | $57K |
Is Narragansett2100 Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Narragansett2100 Inc
Narragansett2100 Inc (EIN: 473053368) is a nonprofit organization based in Narragansett, RI, classified under NTEE code S47. The organization reported total revenue of $78K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Narragansett2100 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Narragansett2100 Inc is a micro nonprofit that has been operating for 10 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -14.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $95K |
| Total Expenses | $98K |
| Surplus / Deficit | $-2,533 |
| Total Assets | $57K |
| Net Assets | $57K |
| Operating Margin | -2.7% |
| Months of Reserves | 7.0 months |
Financial Health Grade: B
In 2023, Narragansett2100 Inc reported a deficit of $3K with expenses exceeding revenue, holds 7.0 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Narragansett2100 Inc's revenue has declined at a compound annual growth rate (CAGR) of -14.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.6% | +26.1% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Narragansett2100 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 Narragansett2100 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 $3K, with expenses exceeding revenue.
Frequently Asked Questions about Narragansett2100 Inc
Is Narragansett2100 Inc a legitimate charity?
Narragansett2100 Inc (EIN: 473053368) is a registered tax-exempt nonprofit based in Rhode Island. It has 2 years of IRS 990 filings on record. Total revenue: $78K. No red flags identified. Financial health grade: B.
How does Narragansett2100 Inc spend its money?
Narragansett2100 Inc reported $78K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Narragansett2100 Inc tax-deductible?
Narragansett2100 Inc is registered as a tax-exempt nonprofit (EIN: 473053368). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Narragansett2100 Inc located?
Narragansett2100 Inc is headquartered in Narragansett, Rhode Island and files with the IRS under EIN 473053368. It is classified under NTEE code S47.
How many years of IRS 990 filings does Narragansett2100 Inc have?
Narragansett2100 Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $78K in total revenue.
Filing History
IRS 990 filing history for Narragansett2100 Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Narragansett2100 Inc's revenue has declined by 14.6%, moving from $112K to $95K. Total assets decreased by 4.3% over the same period, from $60K to $57K. Total functional expenses rose by 26.1%, from $78K to $98K. In its most recent filing year (2023), Narragansett2100 Inc reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $95K | $98K | $57K | $0 | — | — |
| 2022 | $112K | $78K | $60K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Narragansett2100 Inc:
Data Sources and Methodology
This transparency report for Narragansett2100 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.