New2 You A Green Store
EIN: 274278970 · Williamsburg, VA · NTEE: P29
| Metric | Value |
|---|---|
| Total Revenue | $727K |
| Total Expenses | $375K |
| Net Assets | $111K |
Is New2 You A Green Store Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New2 You A Green Store
New2 You A Green Store (EIN: 274278970) is a nonprofit organization based in Williamsburg, VA, classified under NTEE code P29. The organization reported total revenue of $727K and total assets of $121K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New2 You A Green Store's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New2 You A Green Store is a small nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 18.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $367K |
| Total Expenses | $375K |
| Surplus / Deficit | $-8,391 |
| Total Assets | $118K |
| Total Liabilities | $7K |
| Net Assets | $111K |
| Operating Margin | -2.3% |
| Debt-to-Asset Ratio | 5.8% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2023, New2 You A Green Store reported a deficit of $8K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 5.8% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), New2 You A Green Store's revenue has grown at a compound annual growth rate (CAGR) of 18.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.7% | +6.0% | -6.4% |
| 2022 | +2.1% | +26.2% | -2.8% |
| 2021 | +57.9% | +27.5% | +47.5% |
| 2020 | +9.1% | +14.1% | +25.0% |
| 2019 | +16.4% | +13.8% | +14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New2 You A Green Store 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 New2 You A Green Store 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 $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.8%.
Frequently Asked Questions about New2 You A Green Store
Is New2 You A Green Store a legitimate charity?
New2 You A Green Store (EIN: 274278970) is a registered tax-exempt nonprofit based in Virginia. It has 10 years of IRS 990 filings on record. Total revenue: $727K. No red flags identified. Financial health grade: B.
How does New2 You A Green Store spend its money?
New2 You A Green Store reported $727K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New2 You A Green Store tax-deductible?
New2 You A Green Store is registered as a tax-exempt nonprofit (EIN: 274278970). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New2 You A Green Store located?
New2 You A Green Store is headquartered in Williamsburg, Virginia and files with the IRS under EIN 274278970. It is classified under NTEE code P29.
How many years of IRS 990 filings does New2 You A Green Store have?
New2 You A Green Store 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. The most recent filing shows $727K in total revenue.
Filing History
IRS 990 filing history for New2 You A Green Store showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), New2 You A Green Store's revenue has grown by 359%, moving from $80K to $367K. Total assets increased by 311.5% over the same period, from $29K to $118K. Total functional expenses rose by 596.5%, from $54K to $375K. In its most recent filing year (2023), New2 You A Green Store reported a deficit of $8K, with expenses exceeding revenue. The organization holds $7K in liabilities against $118K in assets (debt-to-asset ratio: 5.8%), resulting in net assets of $111K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $367K | $375K | $118K | $7K | — | — |
| 2022 | $350K | $354K | $126K | $7K | — | View 990 |
| 2021 | $343K | $280K | $130K | $7K | — | View 990 |
| 2020 | $217K | $220K | $88K | $27K | — | View 990 |
| 2019 | $199K | $192K | $70K | $7K | — | View 990 |
| 2018 | $171K | $169K | $61K | $5K | — | View 990 |
| 2017 | $146K | $123K | $58K | $3K | — | View 990 |
| 2016 | $99K | $95K | $36K | $3K | — | View 990 |
| 2015 | $93K | $91K | $31K | $2K | — | View 990 |
| 2014 | $80K | $54K | $29K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $367K, expenses of $375K, and assets of $118K (revenue +4.7% year-over-year).
- 2022: Revenue of $350K, expenses of $354K, and assets of $126K (revenue +2.1% year-over-year).
- 2021: Revenue of $343K, expenses of $280K, and assets of $130K (revenue +57.9% year-over-year).
- 2020: Revenue of $217K, expenses of $220K, and assets of $88K (revenue +9.1% year-over-year).
- 2019: Revenue of $199K, expenses of $192K, and assets of $70K (revenue +16.4% year-over-year).
- 2018: Revenue of $171K, expenses of $169K, and assets of $61K (revenue +17.4% year-over-year).
- 2017: Revenue of $146K, expenses of $123K, and assets of $58K (revenue +46.8% year-over-year).
- 2016: Revenue of $99K, expenses of $95K, and assets of $36K (revenue +6.1% year-over-year).
- 2015: Revenue of $93K, expenses of $91K, and assets of $31K (revenue +17.0% year-over-year).
- 2014: Revenue of $80K, expenses of $54K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New2 You A Green Store:
Data Sources and Methodology
This transparency report for New2 You A Green Store 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.