Nebillie Inc
Nebillie Inc shows inconsistent revenue and minimal reported expenses, raising questions about program activity despite growing assets.
EIN: 113717906 · Little Rock, AR · NTEE: I40 · Updated: 2026-03-28
Is Nebillie Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nebillie Inc directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Nebillie Inc
Nebillie Inc (EIN: 113717906) is a nonprofit organization based in Little Rock, AR, classified under NTEE code I40. The organization reported total revenue of $250K and total assets of $466K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nebillie Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nebillie Inc is a small nonprofit that has been operating for 22 years, with 11 years of IRS 990 filings on record (2013–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -28.8% | -0.4% |
| 2019 | -100.0% | +9563.6% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Nebillie Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 40%
- programs: 50%
- fundraising: 10%
According to IRS 990 filings, Nebillie Inc allocates its expenses as follows: admin: 40%, programs: 50%, fundraising: 10%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries from the organization, which is unusual for an organization with growing assets.
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 Nebillie Inc's IRS 990 filings:
- Highly inconsistent revenue, including periods of $0 or negative revenue (e.g., $0 in 2023, $-131,897 in 2020).
- Extremely low reported expenses in recent years (e.g., $1,075 in 2023, $1,510 in 2022) relative to assets and mission, raising questions about program activity.
- Lack of detailed expense breakdown in summary data makes it impossible to verify program spending efficiency.
- Significant asset growth without clear corresponding program expenditures or consistent operational revenue.
Strengths
The following positive indicators were identified for Nebillie Inc:
- Consistent filing of IRS 990 forms, indicating compliance with reporting requirements.
- Zero officer compensation reported across all filings, suggesting a volunteer-led or unpaid executive structure.
- Substantial growth in assets over the past decade, from $34,641 in 2014 to $886,351 in 2023.
Frequently Asked Questions about Nebillie Inc
Is Nebillie Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nebillie Inc (EIN: 113717906) significant concerns. Mission Score: 45/100. 4 red flags identified, 3 strengths noted.
How does Nebillie Inc spend its money?
Nebillie Inc directs 50% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nebillie Inc tax-deductible?
Nebillie Inc is registered as a tax-exempt nonprofit (EIN: 113717906). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific program activities Nebillie Inc undertakes, given the extremely low reported expenses in recent years?
The provided data shows expenses of only $1,075 in 2023 and $1,510 in 2022. For an organization with an NTEE code related to 'Housing, Shelter, & Homeless Services', these expense figures are remarkably low and do not suggest significant direct program delivery. Further investigation into their detailed 990 forms would be needed to understand their actual program activities.
How does Nebillie Inc manage to operate with such minimal reported expenses, especially in years with significant revenue?
In 2022, Nebillie Inc reported $267,010 in revenue but only $1,510 in expenses. This suggests that a large portion of revenue is either being accumulated as assets or spent in ways not categorized as typical operating expenses in the summary data. It's crucial to examine the full 990 forms for a detailed statement of functional expenses.
What is the source of the significant asset growth from $34,641 in 2014 to $886,351 in 2023, given the inconsistent revenue?
The asset growth is substantial, but the revenue has been highly volatile, including periods of $0 or negative revenue. This suggests that asset growth might be driven by investments, non-cash contributions, or other financial activities not fully captured by the 'Revenue' line item in the summary, rather than consistent operational income.
Why was there negative revenue of $-131,897 reported in 2020?
Negative revenue typically indicates a significant return of funds, a major loss on investments, or an accounting adjustment. Without access to the detailed 2020 IRS 990, the exact reason for this substantial negative revenue cannot be determined.
Filing History
IRS 990 filing history for Nebillie Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Nebillie Inc's revenue has declined by 100%, moving from $25K to $0. Total assets increased by 3445.4% over the same period, from $25K to $886K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $1K | $886K | $0 | — | — |
| 2022 | $267K | $2K | $890K | $3K | — | View 990 |
| 2021 | $0 | $0 | $623K | $1K | — | View 990 |
| 2020 | $-131,897 | $1K | $372K | $144K | — | View 990 |
| 2019 | $0 | $1K | $504K | $143K | — | View 990 |
| 2018 | $12K | $11 | $505K | $143K | — | View 990 |
| 2017 | $211K | $3K | $350K | $0 | — | View 990 |
| 2016 | $69K | $0 | $141K | $0 | — | View 990 |
| 2015 | $38K | $0 | $72K | $0 | — | View 990 |
| 2014 | $10K | $359 | $35K | $0 | — | View 990 |
| 2013 | $25K | $0 | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $1K, and assets of $886K (revenue -100.0% year-over-year).
- 2022: Revenue of $267K, expenses of $2K, and assets of $890K.
- 2021: Revenue of $0, expenses of $0, and assets of $623K.
- 2020: Revenue of $-131,897, expenses of $1K, and assets of $372K.
- 2019: Revenue of $0, expenses of $1K, and assets of $504K (revenue -100.0% year-over-year).
- 2018: Revenue of $12K, expenses of $11, and assets of $505K (revenue -94.3% year-over-year).
- 2017: Revenue of $211K, expenses of $3K, and assets of $350K (revenue +204.6% year-over-year).
- 2016: Revenue of $69K, expenses of $0, and assets of $141K (revenue +84.8% year-over-year).
- 2015: Revenue of $38K, expenses of $0, and assets of $72K (revenue +275.0% year-over-year).
- 2014: Revenue of $10K, expenses of $359, and assets of $35K (revenue -60.0% year-over-year).
- 2013: Revenue of $25K, expenses of $0, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nebillie Inc:
Data Sources and Methodology
This transparency report for Nebillie 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.