Pay It Forward
EIN: 352778100 · Bossier City, LA · NTEE: E86
| Metric | Value |
|---|---|
| Total Revenue | $5K |
| Net Assets | $5K |
Is Pay It Forward 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 Forward
Pay It Forward (EIN: 352778100) is a nonprofit organization based in Bossier City, LA, classified under NTEE code E86. The organization reported total revenue of $5K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pay It Forward's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pay It Forward is a micro nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 499900.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $0 |
| Surplus / Deficit | +$5K |
| Total Assets | $5K |
| Total Liabilities | $1 |
| Net Assets | $5K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 0.0% |
Financial Health Grade: A
In 2023, Pay It Forward reported a surplus of $5K with revenue exceeding expenses, has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Pay It Forward's revenue has grown at a compound annual growth rate (CAGR) of 499900.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +499900.0% | — | +499900.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Forward 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 Forward 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:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Pay It Forward
Is Pay It Forward a legitimate charity?
Based on AI analysis of IRS 990 filings, Pay It Forward (EIN: 352778100) insufficient data. 0 red flags identified, 0 strengths noted.
How does Pay It Forward spend its money?
Detailed spending breakdown data is not yet available for Pay It Forward. Check back for updated IRS 990 analysis.
Are donations to Pay It Forward tax-deductible?
Pay It Forward is registered as a tax-exempt nonprofit (EIN: 352778100). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pay It Forward located?
Pay It Forward is headquartered in Bossier City, Louisiana and files with the IRS under EIN 352778100. It is classified under NTEE code E86.
How many years of IRS 990 filings does Pay It Forward have?
Pay It Forward has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $5K in total revenue.
Filing History
IRS 990 filing history for Pay It Forward showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Pay It Forward's revenue has grown by 499900%, moving from $1 to $5K. Total assets increased by 499900% over the same period, from $1 to $5K. The organization holds $1 in liabilities against $5K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $0 | $5K | $1 | — | — |
| 2022 | $1 | $0 | $1 | $1 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pay It Forward:
Data Sources and Methodology
This transparency report for Pay It Forward 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.