New Power Tour Inc
New Power Tour Inc shows strong financial growth and zero liabilities, with no reported officer compensation.
EIN: 203288835 · Hancock, MI · NTEE: C35 · Updated: 2026-03-28
Is New Power Tour Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Power Tour Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Power Tour Inc
New Power Tour Inc (EIN: 203288835) is a nonprofit organization based in Hancock, MI, classified under NTEE code C35. The organization reported total revenue of $265K and total assets of $94K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Power Tour Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Power Tour Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, New Power Tour Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Officer compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization with growing revenue and 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 New Power Tour Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting granular spending efficiency analysis.
- Consistent 0% officer compensation, which, while potentially positive, warrants further investigation to understand the full compensation structure for key personnel.
Strengths
The following positive indicators were identified for New Power Tour Inc:
- Consistent revenue growth, from $1,172 in 2014 to $400,222 in 2023.
- Zero liabilities reported across all filing periods, indicating strong financial health and no debt.
- Significant asset accumulation, reaching $197,014 in 2023, demonstrating financial stability.
- Expenses consistently below revenue in most recent years, allowing for surplus and asset growth.
- Consistent IRS 990 filing history over 13 periods, indicating transparency and compliance.
Frequently Asked Questions about New Power Tour Inc
Is New Power Tour Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Power Tour Inc (EIN: 203288835) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does New Power Tour Inc spend its money?
New Power Tour Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Power Tour Inc tax-deductible?
New Power Tour Inc is registered as a tax-exempt nonprofit (EIN: 203288835). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does New Power Tour Inc manage to operate with 0% reported officer compensation, especially with growing revenue?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that compensation is structured in a way that is not reported under 'officer compensation' on the 990-EZ, such as through contractor payments for services. Further detail from a full 990 would be needed to clarify.
What are the specific program activities that New Power Tour Inc engages in, given its NTEE code C35 (Youth Development Programs)?
While the NTEE code indicates Youth Development Programs, the provided financial data does not detail specific program activities. A review of their website or full 990 filing would be necessary to understand their programmatic impact.
What is the organization's strategy for asset utilization, given the significant increase in assets to $197,014 in 2023?
The substantial increase in assets suggests successful fundraising and prudent financial management. Without further information, it's unclear if these assets are held for future program expansion, endowment, or operational reserves.
Filing History
IRS 990 filing history for New Power Tour Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Power Tour Inc's revenue has grown by 79944.4%, moving from $500 to $400K. Total assets increased by 125386.6% over the same period, from $157 to $197K. Total functional expenses rose by 10378.7%, from $3K to $277K. In its most recent filing year (2023), New Power Tour Inc reported a surplus of $124K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $400K | $277K | $197K | $0 | — | View 990 |
| 2022 | $198K | $132K | $73K | $0 | — | View 990 |
| 2021 | $139K | $142K | $6K | $0 | — | — |
| 2020 | $95K | $100K | $10K | $0 | — | View 990 |
| 2019 | $114K | $132K | $15K | $0 | — | View 990 |
| 2018 | $116K | $91K | $33K | $0 | — | View 990 |
| 2017 | $56K | $56K | $7K | $0 | — | View 990 |
| 2016 | $21K | $29K | $7K | $0 | — | View 990 |
| 2015 | $41K | $28K | $15K | $0 | — | View 990 |
| 2014 | $1K | $4K | $2K | $0 | — | View 990 |
| 2013 | $2K | $14K | $6K | $0 | — | View 990 |
| 2012 | $22K | $6K | $16K | $0 | — | View 990 |
| 2011 | $500 | $3K | $157 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $400K, expenses of $277K, and assets of $197K (revenue +102.3% year-over-year).
- 2022: Revenue of $198K, expenses of $132K, and assets of $73K (revenue +42.8% year-over-year).
- 2021: Revenue of $139K, expenses of $142K, and assets of $6K (revenue +45.2% year-over-year).
- 2020: Revenue of $95K, expenses of $100K, and assets of $10K (revenue -16.6% year-over-year).
- 2019: Revenue of $114K, expenses of $132K, and assets of $15K (revenue -1.8% year-over-year).
- 2018: Revenue of $116K, expenses of $91K, and assets of $33K (revenue +107.7% year-over-year).
- 2017: Revenue of $56K, expenses of $56K, and assets of $7K (revenue +171.3% year-over-year).
- 2016: Revenue of $21K, expenses of $29K, and assets of $7K (revenue -50.1% year-over-year).
- 2015: Revenue of $41K, expenses of $28K, and assets of $15K (revenue +3433.4% year-over-year).
- 2014: Revenue of $1K, expenses of $4K, and assets of $2K (revenue -49.2% year-over-year).
- 2013: Revenue of $2K, expenses of $14K, and assets of $6K (revenue -89.4% year-over-year).
- 2012: Revenue of $22K, expenses of $6K, and assets of $16K (revenue +4245.4% year-over-year).
- 2011: Revenue of $500, expenses of $3K, and assets of $157.
Data Sources and Methodology
This transparency report for New Power Tour 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.