Nothing Into Something Real Estate Inc
EIN: 562599608 · Columbus, OH · NTEE: I31
Is Nothing Into Something Real Estate Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nothing Into Something Real Estate Inc
Nothing Into Something Real Estate Inc (EIN: 562599608) is a nonprofit organization based in Columbus, OH, classified under NTEE code I31. The organization reported total revenue of $2.7M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nothing Into Something Real Estate Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nothing Into Something Real Estate Inc is a mid-size nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$2K |
| Total Assets | $1.5M |
| Total Liabilities | $822K |
| Net Assets | $645K |
| Operating Margin | 0.1% |
| Debt-to-Asset Ratio | 56.0% |
| Months of Reserves | 7.6 months |
Financial Health Grade: A
In 2024, Nothing Into Something Real Estate Inc reported a surplus of $2K with revenue exceeding expenses, holds 7.6 months of operating reserves (strong position), has a debt-to-asset ratio of 56.0% (high leverage).
Financial Trends
Over 12 years of filings (2012–2024), Nothing Into Something Real Estate Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +10.6% | +12.3% | -3.0% |
| 2023 | +4.6% | +5.3% | -3.8% |
| 2022 | +3.6% | +3.5% | -0.4% |
| 2021 | -19.2% | -14.9% | +13.6% |
| 2020 | +0.4% | -2.4% | -64.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nothing Into Something Real Estate 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 Nothing Into Something Real Estate 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 56.0%.
Frequently Asked Questions about Nothing Into Something Real Estate Inc
Is Nothing Into Something Real Estate Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nothing Into Something Real Estate Inc (EIN: 562599608) insufficient data. 0 red flags identified, 0 strengths noted.
How does Nothing Into Something Real Estate Inc spend its money?
Detailed spending breakdown data is not yet available for Nothing Into Something Real Estate Inc. Check back for updated IRS 990 analysis.
Are donations to Nothing Into Something Real Estate Inc tax-deductible?
Nothing Into Something Real Estate Inc is registered as a tax-exempt nonprofit (EIN: 562599608). 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 Nothing Into Something Real Estate Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Nothing Into Something Real Estate Inc's revenue has grown by 67.4%, moving from $1.4M to $2.3M. Total assets increased by 612.5% over the same period, from $206K to $1.5M. Total functional expenses rose by 78.3%, from $1.3M to $2.3M. In its most recent filing year (2024), Nothing Into Something Real Estate Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $822K in liabilities against $1.5M in assets (debt-to-asset ratio: 56.0%), resulting in net assets of $645K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.3M | $2.3M | $1.5M | $822K | — | — |
| 2023 | $2.1M | $2.1M | $1.5M | $867K | — | — |
| 2022 | $2.0M | $2.0M | $1.6M | $960K | — | — |
| 2021 | $1.9M | $1.9M | $1.6M | $1.0M | — | — |
| 2020 | $2.4M | $2.2M | $1.4M | $865K | — | View 990 |
| 2019 | $2.4M | $2.3M | $3.9M | $3.5M | — | View 990 |
| 2018 | $1.9M | $1.9M | $3.3M | $2.9M | — | View 990 |
| 2017 | $1.8M | $1.7M | $2.6M | $2.2M | — | View 990 |
| 2015 | $1.7M | $1.7M | $606K | $374K | — | View 990 |
| 2014 | $1.5M | $1.4M | $348K | $179K | — | View 990 |
| 2013 | $673K | $618K | $381K | $29K | — | View 990 |
| 2012 | $1.4M | $1.3M | $206K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.3M, expenses of $2.3M, and assets of $1.5M (revenue +10.6% year-over-year).
- 2023: Revenue of $2.1M, expenses of $2.1M, and assets of $1.5M (revenue +4.6% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.0M, and assets of $1.6M (revenue +3.6% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.9M, and assets of $1.6M (revenue -19.2% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.2M, and assets of $1.4M (revenue +0.4% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.3M, and assets of $3.9M (revenue +26.8% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.9M, and assets of $3.3M (revenue +1.7% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.7M, and assets of $2.6M (revenue +6.6% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $606K (revenue +16.5% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.4M, and assets of $348K (revenue +121.2% year-over-year).
- 2013: Revenue of $673K, expenses of $618K, and assets of $381K (revenue -51.4% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.3M, and assets of $206K.
Data Sources and Methodology
This transparency report for Nothing Into Something Real Estate 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.