Power To Inspire Foundation Inc
EIN: 461366923 · Closter, NJ · NTEE: T50
| Metric | Value |
|---|---|
| Total Revenue | $227K |
| Total Expenses | $107K |
| Net Assets | $8K |
Is Power To Inspire Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Power To Inspire Foundation Inc
Power To Inspire Foundation Inc (EIN: 461366923) is a nonprofit organization based in Closter, NJ, classified under NTEE code T50. The organization reported total revenue of $227K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Power To Inspire Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Power To Inspire Foundation Inc is a small nonprofit that has been operating for 9 years, with 10 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 207.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $75K |
| Total Expenses | $107K |
| Surplus / Deficit | $-31,407 |
| Total Assets | $8K |
| Net Assets | $8K |
| Operating Margin | -41.7% |
| Months of Reserves | 0.9 months |
Financial Health Grade: C
In 2023, Power To Inspire Foundation Inc reported a deficit of $31K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2013–2023), Power To Inspire Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 207.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.6% | -12.3% | -79.4% |
| 2022 | +36.0% | +16.5% | +8.2% |
| 2021 | +74.5% | +112.4% | -25.9% |
| 2020 | -26.6% | +8.1% | +7.4% |
| 2019 | -25.9% | -42.4% | +132.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Power To Inspire Foundation 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 Power To Inspire Foundation 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 deficit of $31K, with expenses exceeding revenue.
Frequently Asked Questions about Power To Inspire Foundation Inc
Is Power To Inspire Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Power To Inspire Foundation Inc (EIN: 461366923) insufficient data. 0 red flags identified, 0 strengths noted.
How does Power To Inspire Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Power To Inspire Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Power To Inspire Foundation Inc tax-deductible?
Power To Inspire Foundation Inc is registered as a tax-exempt nonprofit (EIN: 461366923). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Power To Inspire Foundation Inc located?
Power To Inspire Foundation Inc is headquartered in Closter, New Jersey and files with the IRS under EIN 461366923. It is classified under NTEE code T50.
How many years of IRS 990 filings does Power To Inspire Foundation Inc have?
Power To Inspire Foundation Inc has 10 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 $227K in total revenue.
Filing History
IRS 990 filing history for Power To Inspire Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2023), Power To Inspire Foundation Inc's revenue has grown by 7536800%, moving from $1 to $75K. Total assets increased by 815200% over the same period, from $1 to $8K. In its most recent filing year (2023), Power To Inspire Foundation Inc reported a deficit of $31K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $75K | $107K | $8K | $0 | — | View 990 |
| 2022 | $125K | $122K | $40K | $0 | — | View 990 |
| 2021 | $92K | $105K | $37K | $0 | — | View 990 |
| 2020 | $53K | $49K | $49K | $0 | — | — |
| 2019 | $72K | $46K | $46K | $0 | — | View 990 |
| 2018 | $97K | $79K | $20K | $0 | — | View 990 |
| 2017 | $1K | $0 | $2K | $0 | — | — |
| 2015 | $1 | $0 | $1 | $0 | — | View 990 |
| 2014 | $1 | $0 | $1 | $0 | — | View 990 |
| 2013 | $1 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $75K, expenses of $107K, and assets of $8K (revenue -39.6% year-over-year).
- 2022: Revenue of $125K, expenses of $122K, and assets of $40K (revenue +36.0% year-over-year).
- 2021: Revenue of $92K, expenses of $105K, and assets of $37K (revenue +74.5% year-over-year).
- 2020: Revenue of $53K, expenses of $49K, and assets of $49K (revenue -26.6% year-over-year).
- 2019: Revenue of $72K, expenses of $46K, and assets of $46K (revenue -25.9% year-over-year).
- 2018: Revenue of $97K, expenses of $79K, and assets of $20K (revenue +9580.8% year-over-year).
- 2017: Revenue of $1K, expenses of $0, and assets of $2K (revenue +99900.0% year-over-year).
- 2015: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2014: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2013: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Power To Inspire Foundation Inc:
Data Sources and Methodology
This transparency report for Power To Inspire Foundation 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.