Red Apple Center Inc
EIN: 391356642 · Phillips, WI · NTEE: F32Z
| Metric | Value |
|---|---|
| Total Revenue | $441K |
| Total Expenses | $380K |
| Net Assets | $490K |
Is Red Apple Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Red Apple Center Inc
Red Apple Center Inc (EIN: 391356642) is a nonprofit organization based in Phillips, WI, classified under NTEE code F32Z. The organization reported total revenue of $441K and total assets of $554K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Red Apple Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Red Apple Center Inc is a small nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $482K |
| Total Expenses | $380K |
| Surplus / Deficit | +$102K |
| Total Assets | $570K |
| Total Liabilities | $79K |
| Net Assets | $490K |
| Operating Margin | 21.1% |
| Debt-to-Asset Ratio | 13.9% |
| Months of Reserves | 18.0 months |
Financial Health Grade: A
In 2023, Red Apple Center Inc reported a surplus of $102K with revenue exceeding expenses, holds 18.0 months of operating reserves (strong position), has a debt-to-asset ratio of 13.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Red Apple Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.3% | +19.4% | +19.9% |
| 2022 | +8.2% | -10.8% | +23.4% |
| 2021 | +11.1% | -0.1% | +15.6% |
| 2020 | -26.9% | -19.1% | +15.9% |
| 2019 | -21.4% | -37.6% | +58.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Red Apple Center 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 Red Apple Center 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 $102K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.9%.
Frequently Asked Questions about Red Apple Center Inc
Is Red Apple Center Inc a legitimate charity?
Red Apple Center Inc (EIN: 391356642) is a registered tax-exempt nonprofit based in Wisconsin. It has 13 years of IRS 990 filings on record. Total revenue: $441K. No red flags identified. Financial health grade: A.
How does Red Apple Center Inc spend its money?
Red Apple Center Inc reported $441K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Red Apple Center Inc tax-deductible?
Red Apple Center Inc is registered as a tax-exempt nonprofit (EIN: 391356642). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Red Apple Center Inc located?
Red Apple Center Inc is headquartered in Phillips, Wisconsin and files with the IRS under EIN 391356642. It is classified under NTEE code F32Z.
How many years of IRS 990 filings does Red Apple Center Inc have?
Red Apple Center Inc has 13 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 $441K in total revenue.
Filing History
IRS 990 filing history for Red Apple Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Red Apple Center Inc's revenue has declined by 58.6%, moving from $1.2M to $482K. Total assets increased by 37.5% over the same period, from $414K to $570K. Total functional expenses fell by 66.2%, from $1.1M to $380K. In its most recent filing year (2023), Red Apple Center Inc reported a surplus of $102K, with revenue exceeding expenses. The organization holds $79K in liabilities against $570K in assets (debt-to-asset ratio: 13.9%), resulting in net assets of $490K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $482K | $380K | $570K | $79K | — | — |
| 2022 | $422K | $318K | $475K | $87K | — | — |
| 2021 | $390K | $357K | $385K | $100K | — | View 990 |
| 2020 | $351K | $357K | $333K | $186K | — | View 990 |
| 2019 | $480K | $441K | $287K | $134K | — | View 990 |
| 2018 | $610K | $707K | $182K | $67K | — | View 990 |
| 2017 | $628K | $754K | $303K | $91K | — | View 990 |
| 2016 | $978K | $1.0M | $396K | $58K | — | View 990 |
| 2015 | $1.1M | $1.1M | $457K | $71K | — | View 990 |
| 2014 | $1.2M | $1.2M | $474K | $105K | — | View 990 |
| 2013 | $1.1M | $1.1M | $414K | $54K | — | View 990 |
| 2012 | $1.1M | $1.1M | $430K | $56K | — | View 990 |
| 2011 | $1.2M | $1.1M | $414K | $63K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $482K, expenses of $380K, and assets of $570K (revenue +14.3% year-over-year).
- 2022: Revenue of $422K, expenses of $318K, and assets of $475K (revenue +8.2% year-over-year).
- 2021: Revenue of $390K, expenses of $357K, and assets of $385K (revenue +11.1% year-over-year).
- 2020: Revenue of $351K, expenses of $357K, and assets of $333K (revenue -26.9% year-over-year).
- 2019: Revenue of $480K, expenses of $441K, and assets of $287K (revenue -21.4% year-over-year).
- 2018: Revenue of $610K, expenses of $707K, and assets of $182K (revenue -2.9% year-over-year).
- 2017: Revenue of $628K, expenses of $754K, and assets of $303K (revenue -35.7% year-over-year).
- 2016: Revenue of $978K, expenses of $1.0M, and assets of $396K (revenue -12.5% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $457K (revenue -4.5% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $474K (revenue +8.3% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $414K (revenue -4.9% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $430K (revenue -2.3% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.1M, and assets of $414K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Red Apple Center Inc:
Data Sources and Methodology
This transparency report for Red Apple Center 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.