Pay It Forward Christmas Charity Inc
EIN: 462855289 · Albia, IA · NTEE: P58
| Metric | Value |
|---|---|
| Total Revenue | $165K |
| Total Expenses | $64K |
| Net Assets | $180K |
Is Pay It Forward Christmas Charity Inc 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 Christmas Charity Inc
Pay It Forward Christmas Charity Inc (EIN: 462855289) is a nonprofit organization based in Albia, IA, classified under NTEE code P58. The organization reported total revenue of $165K and total assets of $225K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pay It Forward Christmas Charity Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pay It Forward Christmas Charity Inc is a small nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $121K |
| Total Expenses | $64K |
| Surplus / Deficit | +$58K |
| Total Assets | $180K |
| Net Assets | $180K |
| Operating Margin | 47.5% |
| Months of Reserves | 34.0 months |
Financial Health Grade: A
In 2023, Pay It Forward Christmas Charity Inc reported a surplus of $58K with revenue exceeding expenses, holds 34.0 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Pay It Forward Christmas Charity Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.6% | -1.0% | +47.1% |
| 2022 | +25.3% | -11.6% | +115.2% |
| 2021 | +69.8% | -8.5% | +119.1% |
| 2020 | -22.0% | +4.7% | -31.2% |
| 2019 | +14.2% | +12.0% | +6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pay It Forward Christmas Charity 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 Pay It Forward Christmas Charity 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 $58K, with revenue exceeding expenses.
Frequently Asked Questions about Pay It Forward Christmas Charity Inc
Is Pay It Forward Christmas Charity Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pay It Forward Christmas Charity Inc (EIN: 462855289) insufficient data. 0 red flags identified, 0 strengths noted.
How does Pay It Forward Christmas Charity Inc spend its money?
Detailed spending breakdown data is not yet available for Pay It Forward Christmas Charity Inc. Check back for updated IRS 990 analysis.
Are donations to Pay It Forward Christmas Charity Inc tax-deductible?
Pay It Forward Christmas Charity Inc is registered as a tax-exempt nonprofit (EIN: 462855289). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pay It Forward Christmas Charity Inc located?
Pay It Forward Christmas Charity Inc is headquartered in Albia, Iowa and files with the IRS under EIN 462855289. It is classified under NTEE code P58.
How many years of IRS 990 filings does Pay It Forward Christmas Charity Inc have?
Pay It Forward Christmas Charity Inc has 11 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 $165K in total revenue.
Filing History
IRS 990 filing history for Pay It Forward Christmas Charity Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Pay It Forward Christmas Charity Inc's revenue has grown by 122%, moving from $55K to $121K. Total assets increased by 297.8% over the same period, from $45K to $180K. Total functional expenses rose by 0.5%, from $63K to $64K. In its most recent filing year (2023), Pay It Forward Christmas Charity Inc reported a surplus of $58K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $121K | $64K | $180K | $0 | — | View 990 |
| 2022 | $130K | $64K | $123K | $0 | — | View 990 |
| 2021 | $104K | $73K | $57K | $0 | — | View 990 |
| 2020 | $61K | $79K | $26K | $0 | — | — |
| 2019 | $78K | $76K | $38K | $0 | — | View 990 |
| 2018 | $69K | $68K | $35K | $0 | — | View 990 |
| 2017 | $71K | $79K | $35K | $0 | — | View 990 |
| 2016 | $65K | $60K | $43K | $0 | — | View 990 |
| 2015 | $75K | $68K | $38K | $0 | — | View 990 |
| 2014 | $74K | $88K | $31K | $0 | — | View 990 |
| 2013 | $55K | $63K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $121K, expenses of $64K, and assets of $180K (revenue -6.6% year-over-year).
- 2022: Revenue of $130K, expenses of $64K, and assets of $123K (revenue +25.3% year-over-year).
- 2021: Revenue of $104K, expenses of $73K, and assets of $57K (revenue +69.8% year-over-year).
- 2020: Revenue of $61K, expenses of $79K, and assets of $26K (revenue -22.0% year-over-year).
- 2019: Revenue of $78K, expenses of $76K, and assets of $38K (revenue +14.2% year-over-year).
- 2018: Revenue of $69K, expenses of $68K, and assets of $35K (revenue -3.5% year-over-year).
- 2017: Revenue of $71K, expenses of $79K, and assets of $35K (revenue +9.9% year-over-year).
- 2016: Revenue of $65K, expenses of $60K, and assets of $43K (revenue -13.9% year-over-year).
- 2015: Revenue of $75K, expenses of $68K, and assets of $38K (revenue +1.8% year-over-year).
- 2014: Revenue of $74K, expenses of $88K, and assets of $31K (revenue +34.9% year-over-year).
- 2013: Revenue of $55K, expenses of $63K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pay It Forward Christmas Charity Inc:
Data Sources and Methodology
This transparency report for Pay It Forward Christmas Charity 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.