Philosphy For Change
EIN: 742833151 · Las Vegas, NM · NTEE: F99Z
Is Philosphy For Change Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Philosphy For Change
Philosphy For Change (EIN: 742833151) is a nonprofit organization based in Las Vegas, NM, classified under NTEE code F99Z. The organization reported total revenue of $51K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Philosphy For Change's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Philosphy For Change 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 Philosphy For Change 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.
Frequently Asked Questions about Philosphy For Change
Is Philosphy For Change a legitimate charity?
Based on AI analysis of IRS 990 filings, Philosphy For Change (EIN: 742833151) insufficient data. 0 red flags identified, 0 strengths noted.
How does Philosphy For Change spend its money?
Detailed spending breakdown data is not yet available for Philosphy For Change. Check back for updated IRS 990 analysis.
Are donations to Philosphy For Change tax-deductible?
Philosphy For Change is registered as a tax-exempt nonprofit (EIN: 742833151). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Philosphy For Change showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Philosphy For Change's revenue has declined by 72.8%, moving from $186K to $51K. Total assets increased by 42.6% over the same period, from $8K to $11K. Total functional expenses fell by 77.3%, from $222K to $50K. In its most recent filing year (2023), Philosphy For Change reported a surplus of $323, with revenue exceeding expenses. The organization holds $10K in liabilities against $11K in assets (debt-to-asset ratio: 90.5%), resulting in net assets of $1K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $51K | $50K | $11K | $10K | — | View 990 |
| 2022 | $144K | $238K | $10K | $10K | — | View 990 |
| 2021 | $450K | $514K | $105K | $16K | — | View 990 |
| 2020 | $552K | $468K | $0 | $0 | — | View 990 |
| 2018 | $363K | $352K | $58K | $23K | — | View 990 |
| 2017 | $323K | $383K | $40K | $46K | — | View 990 |
| 2016 | $348K | $319K | $124K | $52K | — | View 990 |
| 2015 | $271K | $240K | $99K | $55K | — | View 990 |
| 2014 | $200K | $185K | $74K | $55K | — | View 990 |
| 2013 | $212K | $195K | $60K | $55K | — | View 990 |
| 2012 | $226K | $174K | $59K | $70K | — | View 990 |
| 2011 | $251K | $262K | $25K | $87K | — | View 990 |
| 2010 | $186K | $222K | $8K | $73K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $51K, expenses of $50K, and assets of $11K (revenue -64.8% year-over-year).
- 2022: Revenue of $144K, expenses of $238K, and assets of $10K (revenue -68.0% year-over-year).
- 2021: Revenue of $450K, expenses of $514K, and assets of $105K (revenue -18.5% year-over-year).
- 2020: Revenue of $552K, expenses of $468K, and assets of $0 (revenue +52.4% year-over-year).
- 2018: Revenue of $363K, expenses of $352K, and assets of $58K (revenue +12.1% year-over-year).
- 2017: Revenue of $323K, expenses of $383K, and assets of $40K (revenue -7.0% year-over-year).
- 2016: Revenue of $348K, expenses of $319K, and assets of $124K (revenue +28.3% year-over-year).
- 2015: Revenue of $271K, expenses of $240K, and assets of $99K (revenue +35.6% year-over-year).
- 2014: Revenue of $200K, expenses of $185K, and assets of $74K (revenue -5.6% year-over-year).
- 2013: Revenue of $212K, expenses of $195K, and assets of $60K (revenue -6.2% year-over-year).
- 2012: Revenue of $226K, expenses of $174K, and assets of $59K (revenue -9.9% year-over-year).
- 2011: Revenue of $251K, expenses of $262K, and assets of $25K (revenue +34.7% year-over-year).
- 2010: Revenue of $186K, expenses of $222K, and assets of $8K.
Data Sources and Methodology
This transparency report for Philosphy For Change 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.