Open Source Kids Inc
EIN: 474556954 · Albuquerque, NM · NTEE: B80
| Metric | Value |
|---|---|
| Total Revenue | $68K |
| Total Expenses | $72K |
| Net Assets | $59K |
Is Open Source Kids Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Open Source Kids Inc
Open Source Kids Inc (EIN: 474556954) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code B80. The organization reported total revenue of $68K and total assets of $68K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Open Source Kids Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Open Source Kids Inc is a micro nonprofit that has been operating for 11 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $72K |
| Surplus / Deficit | +$5K |
| Total Assets | $59K |
| Net Assets | $59K |
| Operating Margin | 6.2% |
| Months of Reserves | 9.9 months |
Financial Health Grade: A
In 2023, Open Source Kids Inc reported a surplus of $5K with revenue exceeding expenses, holds 9.9 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Open Source Kids 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 Open Source Kids 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
Frequently Asked Questions about Open Source Kids Inc
Is Open Source Kids Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Open Source Kids Inc (EIN: 474556954) insufficient data. 0 red flags identified, 0 strengths noted.
How does Open Source Kids Inc spend its money?
Detailed spending breakdown data is not yet available for Open Source Kids Inc. Check back for updated IRS 990 analysis.
Are donations to Open Source Kids Inc tax-deductible?
Open Source Kids Inc is registered as a tax-exempt nonprofit (EIN: 474556954). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Open Source Kids Inc located?
Open Source Kids Inc is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 474556954. It is classified under NTEE code B80.
Filing History
IRS 990 filing history for Open Source Kids Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Open Source Kids Inc reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $77K | $72K | $59K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Open Source Kids Inc:
Data Sources and Methodology
This transparency report for Open Source Kids 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.