Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv
EIN: 550772228 · Nitro, WV · NTEE: S41
| Metric | Value |
|---|---|
| Total Expenses | $43K |
| Net Assets | $473K |
Is Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv
Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv (EIN: 550772228) is a nonprofit organization based in Nitro, WV, classified under NTEE code S41. 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 Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv is a micro nonprofit that has been operating for 13 years, with 2 years of IRS 990 filings on record (2016–2017). Revenue has grown at a compound annual rate of 46.6%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $43K |
| Surplus / Deficit | +$33K |
| Total Assets | $485K |
| Total Liabilities | $12K |
| Net Assets | $473K |
| Operating Margin | 42.9% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 134.7 months |
Financial Health Grade: A
In 2017, Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv reported a surplus of $33K with revenue exceeding expenses, holds 134.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 2 years of filings (2016–2017), Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv's revenue has grown at a compound annual growth rate (CAGR) of 46.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +46.6% | -39.8% | +9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv 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 Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $33K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.4%.
Frequently Asked Questions about Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv
Is Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv a legitimate charity?
Based on AI analysis of IRS 990 filings, Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv (EIN: 550772228) insufficient data. 0 red flags identified, 0 strengths noted.
How does Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv spend its money?
Detailed spending breakdown data is not yet available for Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv. Check back for updated IRS 990 analysis.
Are donations to Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv tax-deductible?
Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv is registered as a tax-exempt nonprofit (EIN: 550772228). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv located?
Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv is headquartered in Nitro, West Virginia and files with the IRS under EIN 550772228. It is classified under NTEE code S41.
How many years of IRS 990 filings does Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv have?
Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2016–2017), Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv's revenue has grown by 46.6%, moving from $52K to $76K. Total assets increased by 9% over the same period, from $445K to $485K. Total functional expenses fell by 39.8%, from $72K to $43K. In its most recent filing year (2017), Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv reported a surplus of $33K, with revenue exceeding expenses. The organization holds $12K in liabilities against $485K in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $473K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $76K | $43K | $485K | $12K | — | — |
| 2016 | $52K | $72K | $445K | $1K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv:
Data Sources and Methodology
This transparency report for Nitro Development Authority Of Kanawha Putnam Counties Nitro Wv 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.