Pay It Foreward Connolly
EIN: 463341347 · Dubuque, IA · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $63K |
| Total Expenses | $48K |
| Net Assets | $10K |
Is Pay It Foreward Connolly Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pay It Foreward Connolly
Pay It Foreward Connolly (EIN: 463341347) is a nonprofit organization based in Dubuque, IA, classified under NTEE code P99. The organization reported total revenue of $63K and total assets of $61K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pay It Foreward Connolly's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pay It Foreward Connolly is a micro nonprofit that has been operating for 4 years, with 9 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $40K |
| Total Expenses | $48K |
| Surplus / Deficit | $-8,047 |
| Total Assets | $10K |
| Net Assets | $10K |
| Operating Margin | -20.3% |
| Months of Reserves | 2.6 months |
Financial Health Grade: C
In 2023, Pay It Foreward Connolly reported a deficit of $8K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2013–2023), Pay It Foreward Connolly's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.6% | -18.4% | -43.8% |
| 2022 | +111.0% | +10.0% | +154.0% |
| 2021 | -34.3% | +126.5% | -80.5% |
| 2019 | +46.5% | +1567.2% | +48.6% |
| 2018 | -25.2% | -95.9% | +1124.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pay It Foreward Connolly 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 Pay It Foreward Connolly 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 $8K, with expenses exceeding revenue.
Frequently Asked Questions about Pay It Foreward Connolly
Is Pay It Foreward Connolly a legitimate charity?
Pay It Foreward Connolly (EIN: 463341347) is a registered tax-exempt nonprofit based in Iowa. It has 9 years of IRS 990 filings on record. Total revenue: $63K. No red flags identified. Financial health grade: C.
How does Pay It Foreward Connolly spend its money?
Pay It Foreward Connolly reported $63K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Pay It Foreward Connolly tax-deductible?
Pay It Foreward Connolly is registered as a tax-exempt nonprofit (EIN: 463341347). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pay It Foreward Connolly located?
Pay It Foreward Connolly is headquartered in Dubuque, Iowa and files with the IRS under EIN 463341347. It is classified under NTEE code P99.
How many years of IRS 990 filings does Pay It Foreward Connolly have?
Pay It Foreward Connolly has 9 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 $63K in total revenue.
Filing History
IRS 990 filing history for Pay It Foreward Connolly showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2013–2023), Pay It Foreward Connolly's revenue has declined by 9.8%, moving from $44K to $40K. Total assets increased by 10237% over the same period, from $100 to $10K. Total functional expenses rose by 8.7%, from $44K to $48K. In its most recent filing year (2023), Pay It Foreward Connolly reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $40K | $48K | $10K | $0 | — | View 990 |
| 2022 | $49K | $59K | $18K | $0 | — | View 990 |
| 2021 | $23K | $53K | $7K | $0 | — | — |
| 2019 | $36K | $23K | $37K | $0 | — | — |
| 2018 | $24K | $1K | $25K | $0 | — | — |
| 2017 | $32K | $35K | $2K | $0 | — | — |
| 2016 | $16K | $21K | $4K | $0 | — | — |
| 2015 | $19K | $24K | $9K | $0 | — | — |
| 2013 | $44K | $44K | $100 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $40K, expenses of $48K, and assets of $10K (revenue -19.6% year-over-year).
- 2022: Revenue of $49K, expenses of $59K, and assets of $18K (revenue +111.0% year-over-year).
- 2021: Revenue of $23K, expenses of $53K, and assets of $7K (revenue -34.3% year-over-year).
- 2019: Revenue of $36K, expenses of $23K, and assets of $37K (revenue +46.5% year-over-year).
- 2018: Revenue of $24K, expenses of $1K, and assets of $25K (revenue -25.2% year-over-year).
- 2017: Revenue of $32K, expenses of $35K, and assets of $2K (revenue +97.5% year-over-year).
- 2016: Revenue of $16K, expenses of $21K, and assets of $4K (revenue -14.3% year-over-year).
- 2015: Revenue of $19K, expenses of $24K, and assets of $9K (revenue -56.4% year-over-year).
- 2013: Revenue of $44K, expenses of $44K, and assets of $100.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pay It Foreward Connolly:
Data Sources and Methodology
This transparency report for Pay It Foreward Connolly 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.