Peaceful Shores Inc
EIN: 581933654 · Little Rock, AR · NTEE: P73Z
| Metric | Value |
|---|---|
| Total Revenue | $27K |
| Total Expenses | $49K |
| Net Assets | $-69,876 |
Is Peaceful Shores Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Peaceful Shores Inc
Peaceful Shores Inc (EIN: 581933654) is a nonprofit organization based in Little Rock, AR, classified under NTEE code P73Z. The organization reported total revenue of $27K and total assets of $111K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peaceful Shores Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Peaceful Shores Inc is a micro nonprofit that has been operating for 35 years, with 8 years of IRS 990 filings on record (2012–2019). Revenue has grown at a compound annual rate of -9.6%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $27K |
| Total Expenses | $49K |
| Surplus / Deficit | $-21,779 |
| Total Assets | $111K |
| Total Liabilities | $181K |
| Net Assets | $-69,876 |
| Operating Margin | -79.3% |
| Debt-to-Asset Ratio | 163.1% |
| Months of Reserves | 27.0 months |
Financial Health Grade: C
In 2019, Peaceful Shores Inc reported a deficit of $22K with expenses exceeding revenue, holds 27.0 months of operating reserves (strong position), has a debt-to-asset ratio of 163.1% (high leverage).
Financial Trends
Over 8 years of filings (2012–2019), Peaceful Shores Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -18.1% | -3.6% | -12.4% |
| 2018 | -27.4% | -11.8% | -4.3% |
| 2017 | -3.9% | +12.6% | -11.6% |
| 2016 | -5.9% | -7.2% | -6.4% |
| 2015 | -13.0% | -2.1% | -5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Peaceful Shores 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 Peaceful Shores 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 163.1%.
Frequently Asked Questions about Peaceful Shores Inc
Is Peaceful Shores Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Peaceful Shores Inc (EIN: 581933654) insufficient data. 0 red flags identified, 0 strengths noted.
How does Peaceful Shores Inc spend its money?
Detailed spending breakdown data is not yet available for Peaceful Shores Inc. Check back for updated IRS 990 analysis.
Are donations to Peaceful Shores Inc tax-deductible?
Peaceful Shores Inc is registered as a tax-exempt nonprofit (EIN: 581933654). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Peaceful Shores Inc located?
Peaceful Shores Inc is headquartered in Little Rock, Arkansas and files with the IRS under EIN 581933654. It is classified under NTEE code P73Z.
How many years of IRS 990 filings does Peaceful Shores Inc have?
Peaceful Shores Inc has 8 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 $27K in total revenue.
Filing History
IRS 990 filing history for Peaceful Shores Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2019), Peaceful Shores Inc's revenue has declined by 50.8%, moving from $56K to $27K. Total assets decreased by 36.9% over the same period, from $176K to $111K. Total functional expenses fell by 23.5%, from $64K to $49K. In its most recent filing year (2019), Peaceful Shores Inc reported a deficit of $22K, with expenses exceeding revenue. The organization holds $181K in liabilities against $111K in assets (debt-to-asset ratio: 163.1%), resulting in net assets of $-69,876.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $27K | $49K | $111K | $181K | — | View 990 |
| 2018 | $34K | $51K | $126K | $175K | — | View 990 |
| 2017 | $46K | $58K | $132K | $163K | — | — |
| 2016 | $48K | $51K | $149K | $168K | — | View 990 |
| 2015 | $51K | $55K | $160K | $173K | — | View 990 |
| 2014 | $59K | $57K | $170K | $179K | — | View 990 |
| 2013 | $53K | $56K | $172K | $183K | — | View 990 |
| 2012 | $56K | $64K | $176K | $183K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $27K, expenses of $49K, and assets of $111K (revenue -18.1% year-over-year).
- 2018: Revenue of $34K, expenses of $51K, and assets of $126K (revenue -27.4% year-over-year).
- 2017: Revenue of $46K, expenses of $58K, and assets of $132K (revenue -3.9% year-over-year).
- 2016: Revenue of $48K, expenses of $51K, and assets of $149K (revenue -5.9% year-over-year).
- 2015: Revenue of $51K, expenses of $55K, and assets of $160K (revenue -13.0% year-over-year).
- 2014: Revenue of $59K, expenses of $57K, and assets of $170K (revenue +11.2% year-over-year).
- 2013: Revenue of $53K, expenses of $56K, and assets of $172K (revenue -5.3% year-over-year).
- 2012: Revenue of $56K, expenses of $64K, and assets of $176K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Peaceful Shores Inc:
Data Sources and Methodology
This transparency report for Peaceful Shores 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.