Options For Individuals Inc
EIN: 611056798 · Louisville, KY · NTEE: P82Z
| Metric | Value |
|---|---|
| Total Revenue | $267K |
| Total Expenses | $249K |
| Net Assets | $-174,425 |
Is Options For Individuals Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Options For Individuals Inc
Options For Individuals Inc (EIN: 611056798) is a nonprofit organization based in Louisville, KY, classified under NTEE code P82Z. The organization reported total revenue of $267K and total assets of $68K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Options For Individuals Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Options For Individuals Inc is a small nonprofit that has been operating for 41 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -8.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $251K |
| Total Expenses | $249K |
| Surplus / Deficit | +$2K |
| Total Assets | $106K |
| Total Liabilities | $280K |
| Net Assets | $-174,425 |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 265.3% |
| Months of Reserves | 5.1 months |
Financial Health Grade: A
In 2022, Options For Individuals Inc reported a surplus of $2K with revenue exceeding expenses, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 265.3% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Options For Individuals Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +71.8% | +12.1% | -14.8% |
| 2021 | -33.8% | -15.3% | +168.4% |
| 2020 | -37.0% | -15.1% | -13.3% |
| 2019 | -9.9% | -20.8% | +5.5% |
| 2018 | -5.6% | -14.1% | +26.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Options For Individuals 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 Options For Individuals 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 265.3%.
Frequently Asked Questions about Options For Individuals Inc
Is Options For Individuals Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Options For Individuals Inc (EIN: 611056798) insufficient data. 0 red flags identified, 0 strengths noted.
How does Options For Individuals Inc spend its money?
Detailed spending breakdown data is not yet available for Options For Individuals Inc. Check back for updated IRS 990 analysis.
Are donations to Options For Individuals Inc tax-deductible?
Options For Individuals Inc is registered as a tax-exempt nonprofit (EIN: 611056798). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Options For Individuals Inc located?
Options For Individuals Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 611056798. It is classified under NTEE code P82Z.
How many years of IRS 990 filings does Options For Individuals Inc have?
Options For Individuals Inc has 12 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 $267K in total revenue.
Filing History
IRS 990 filing history for Options For Individuals Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Options For Individuals Inc's revenue has declined by 64.3%, moving from $701K to $251K. Total assets increased by 73.5% over the same period, from $61K to $106K. Total functional expenses fell by 63.5%, from $681K to $249K. In its most recent filing year (2022), Options For Individuals Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $280K in liabilities against $106K in assets (debt-to-asset ratio: 265.3%), resulting in net assets of $-174,425.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $251K | $249K | $106K | $280K | — | View 990 |
| 2021 | $146K | $222K | $124K | $273K | — | View 990 |
| 2020 | $220K | $262K | $46K | $198K | — | View 990 |
| 2019 | $350K | $309K | $53K | $256K | — | View 990 |
| 2018 | $388K | $389K | $50K | $290K | — | View 990 |
| 2017 | $411K | $454K | $40K | $325K | — | View 990 |
| 2016 | $541K | $561K | $107K | $155K | — | View 990 |
| 2015 | $746K | $879K | $126K | $242K | — | View 990 |
| 2014 | $930K | $902K | $215K | $199K | — | View 990 |
| 2013 | $854K | $849K | $140K | $152K | — | View 990 |
| 2012 | $722K | $682K | $89K | $106K | — | View 990 |
| 2011 | $701K | $681K | $61K | $117K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $251K, expenses of $249K, and assets of $106K (revenue +71.8% year-over-year).
- 2021: Revenue of $146K, expenses of $222K, and assets of $124K (revenue -33.8% year-over-year).
- 2020: Revenue of $220K, expenses of $262K, and assets of $46K (revenue -37.0% year-over-year).
- 2019: Revenue of $350K, expenses of $309K, and assets of $53K (revenue -9.9% year-over-year).
- 2018: Revenue of $388K, expenses of $389K, and assets of $50K (revenue -5.6% year-over-year).
- 2017: Revenue of $411K, expenses of $454K, and assets of $40K (revenue -24.1% year-over-year).
- 2016: Revenue of $541K, expenses of $561K, and assets of $107K (revenue -27.5% year-over-year).
- 2015: Revenue of $746K, expenses of $879K, and assets of $126K (revenue -19.8% year-over-year).
- 2014: Revenue of $930K, expenses of $902K, and assets of $215K (revenue +9.0% year-over-year).
- 2013: Revenue of $854K, expenses of $849K, and assets of $140K (revenue +18.3% year-over-year).
- 2012: Revenue of $722K, expenses of $682K, and assets of $89K (revenue +2.9% year-over-year).
- 2011: Revenue of $701K, expenses of $681K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Options For Individuals Inc:
Data Sources and Methodology
This transparency report for Options For Individuals 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.