New Futures For Youth Inc
EIN: 710664490 · Little Rock, AR
| Metric | Value |
|---|---|
| Total Expenses | $392K |
| Net Assets | $26K |
Is New Futures For Youth Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Futures For Youth Inc
New Futures For Youth Inc (EIN: 710664490) is a nonprofit organization based in Little Rock, AR. 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 New Futures For Youth Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Futures For Youth Inc is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -18.9%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $361K |
| Total Expenses | $392K |
| Surplus / Deficit | $-31,240 |
| Total Assets | $47K |
| Total Liabilities | $21K |
| Net Assets | $26K |
| Operating Margin | -8.7% |
| Debt-to-Asset Ratio | 44.3% |
| Months of Reserves | 1.4 months |
Financial Health Grade: C
In 2016, New Futures For Youth Inc reported a deficit of $31K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 44.3% (moderate leverage).
Financial Trends
Over 6 years of filings (2011–2016), New Futures For Youth Inc's revenue has declined at a compound annual growth rate (CAGR) of -18.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -16.8% | -11.0% | -50.5% |
| 2015 | +0.0% | +2.6% | -53.5% |
| 2014 | +8.7% | +3.5% | +28.7% |
| 2013 | -38.0% | -36.4% | +102.2% |
| 2012 | -37.4% | -36.8% | -17.1% |
AI Analysis Pending
AI enrichment for New Futures For Youth 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 New Futures For Youth 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 44.3%.
Frequently Asked Questions about New Futures For Youth Inc
Is New Futures For Youth Inc a legitimate charity?
New Futures For Youth Inc (EIN: 710664490) is a registered tax-exempt nonprofit based in Arkansas. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does New Futures For Youth Inc spend its money?
New Futures For Youth Inc reported its financials 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 New Futures For Youth Inc tax-deductible?
New Futures For Youth Inc is registered as a tax-exempt nonprofit (EIN: 710664490). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Futures For Youth Inc located?
New Futures For Youth Inc is headquartered in Little Rock, Arkansas and files with the IRS under EIN 710664490.
How many years of IRS 990 filings does New Futures For Youth Inc have?
New Futures For Youth Inc 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.
Filing History
IRS 990 filing history for New Futures For Youth Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), New Futures For Youth Inc's revenue has declined by 64.9%, moving from $1.0M to $361K. Total assets decreased by 50.4% over the same period, from $94K to $47K. Total functional expenses fell by 62%, from $1.0M to $392K. In its most recent filing year (2016), New Futures For Youth Inc reported a deficit of $31K, with expenses exceeding revenue. The organization holds $21K in liabilities against $47K in assets (debt-to-asset ratio: 44.3%), resulting in net assets of $26K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $361K | $392K | $47K | $21K | — | — |
| 2015 | $434K | $440K | $94K | $37K | — | View 990 |
| 2014 | $434K | $429K | $203K | $154K | — | View 990 |
| 2013 | $399K | $415K | $158K | $114K | — | View 990 |
| 2012 | $644K | $651K | $78K | $19K | — | View 990 |
| 2011 | $1.0M | $1.0M | $94K | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $361K, expenses of $392K, and assets of $47K (revenue -16.8% year-over-year).
- 2015: Revenue of $434K, expenses of $440K, and assets of $94K (revenue +0.0% year-over-year).
- 2014: Revenue of $434K, expenses of $429K, and assets of $203K (revenue +8.7% year-over-year).
- 2013: Revenue of $399K, expenses of $415K, and assets of $158K (revenue -38.0% year-over-year).
- 2012: Revenue of $644K, expenses of $651K, and assets of $78K (revenue -37.4% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.0M, and assets of $94K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Futures For Youth Inc:
Data Sources and Methodology
This transparency report for New Futures For Youth 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.