No More Chasin Tails
EIN: 451806861 · Newport News, VA · NTEE: D20
Is No More Chasin Tails Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About No More Chasin Tails
No More Chasin Tails (EIN: 451806861) is a nonprofit organization based in Newport News, VA, classified under NTEE code D20. The organization reported total revenue of $388K and total assets of $71K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of No More Chasin Tails's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
No More Chasin Tails is a small nonprofit that has been operating for 13 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $419K |
| Total Expenses | $426K |
| Surplus / Deficit | $-6,501 |
| Total Assets | $53K |
| Total Liabilities | $35K |
| Net Assets | $18K |
| Operating Margin | -1.6% |
| Debt-to-Asset Ratio | 65.4% |
| Months of Reserves | 1.5 months |
Financial Health Grade: D
In 2023, No More Chasin Tails reported a deficit of $7K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 65.4% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), No More Chasin Tails's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.3% | +3.4% | -4.0% |
| 2022 | +18.8% | +13.8% | +40.8% |
| 2021 | -11.2% | -11.5% | -22.0% |
| 2020 | -0.6% | -0.7% | -22.1% |
| 2019 | +16.3% | +25.8% | -7.0% |
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 No More Chasin Tails 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 No More Chasin Tails 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 $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 65.4%.
Frequently Asked Questions about No More Chasin Tails
Is No More Chasin Tails a legitimate charity?
Based on AI analysis of IRS 990 filings, No More Chasin Tails (EIN: 451806861) insufficient data. 0 red flags identified, 0 strengths noted.
How does No More Chasin Tails spend its money?
Detailed spending breakdown data is not yet available for No More Chasin Tails. Check back for updated IRS 990 analysis.
Are donations to No More Chasin Tails tax-deductible?
No More Chasin Tails is registered as a tax-exempt nonprofit (EIN: 451806861). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for No More Chasin Tails showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), No More Chasin Tails's revenue has grown by 140.2%, moving from $174K to $419K. Total assets increased by 8.8% over the same period, from $49K to $53K. Total functional expenses rose by 207.9%, from $138K to $426K. In its most recent filing year (2023), No More Chasin Tails reported a deficit of $7K, with expenses exceeding revenue. The organization holds $35K in liabilities against $53K in assets (debt-to-asset ratio: 65.4%), resulting in net assets of $18K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $419K | $426K | $53K | $35K | — | — |
| 2022 | $418K | $412K | $55K | $19K | — | View 990 |
| 2021 | $352K | $362K | $39K | $9K | — | — |
| 2020 | $396K | $409K | $50K | $10K | — | View 990 |
| 2019 | $398K | $412K | $65K | $11K | — | View 990 |
| 2018 | $342K | $327K | $70K | $13K | — | View 990 |
| 2017 | $294K | $271K | $62K | $21K | — | View 990 |
| 2016 | $229K | $210K | $42K | $23K | — | View 990 |
| 2015 | $174K | $138K | $49K | $33K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $419K, expenses of $426K, and assets of $53K (revenue +0.3% year-over-year).
- 2022: Revenue of $418K, expenses of $412K, and assets of $55K (revenue +18.8% year-over-year).
- 2021: Revenue of $352K, expenses of $362K, and assets of $39K (revenue -11.2% year-over-year).
- 2020: Revenue of $396K, expenses of $409K, and assets of $50K (revenue -0.6% year-over-year).
- 2019: Revenue of $398K, expenses of $412K, and assets of $65K (revenue +16.3% year-over-year).
- 2018: Revenue of $342K, expenses of $327K, and assets of $70K (revenue +16.6% year-over-year).
- 2017: Revenue of $294K, expenses of $271K, and assets of $62K (revenue +28.2% year-over-year).
- 2016: Revenue of $229K, expenses of $210K, and assets of $42K (revenue +31.3% year-over-year).
- 2015: Revenue of $174K, expenses of $138K, and assets of $49K.
Data Sources and Methodology
This transparency report for No More Chasin Tails 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.