Refreshing Outlook
EIN: 813920479 · Prosperity, SC · NTEE: T50
| Metric | Value |
|---|---|
| Total Revenue | $112K |
| Total Expenses | $5K |
| Net Assets | $34K |
Is Refreshing Outlook Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Refreshing Outlook
Refreshing Outlook (EIN: 813920479) is a nonprofit organization based in Prosperity, SC, classified under NTEE code T50. The organization reported total revenue of $112K and total assets of $445K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Refreshing Outlook's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Refreshing Outlook is a small nonprofit that has been operating for 9 years, with 2 years of IRS 990 filings on record (2019–2020). Revenue has grown at a compound annual rate of -48.6%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $5K |
| Surplus / Deficit | +$27K |
| Total Assets | $276K |
| Total Liabilities | $242K |
| Net Assets | $34K |
| Operating Margin | 85.0% |
| Debt-to-Asset Ratio | 87.7% |
| Months of Reserves | 705.9 months |
Financial Health Grade: A
In 2020, Refreshing Outlook reported a surplus of $27K with revenue exceeding expenses, holds 705.9 months of operating reserves (strong position), has a debt-to-asset ratio of 87.7% (high leverage).
Financial Trends
Over 2 years of filings (2019–2020), Refreshing Outlook's revenue has declined at a compound annual growth rate (CAGR) of -48.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -48.6% | -91.3% | +3709.9% |
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 Refreshing Outlook 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 Refreshing Outlook 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 87.7%.
Frequently Asked Questions about Refreshing Outlook
Is Refreshing Outlook a legitimate charity?
Based on AI analysis of IRS 990 filings, Refreshing Outlook (EIN: 813920479) insufficient data. 0 red flags identified, 0 strengths noted.
How does Refreshing Outlook spend its money?
Detailed spending breakdown data is not yet available for Refreshing Outlook. Check back for updated IRS 990 analysis.
Are donations to Refreshing Outlook tax-deductible?
Refreshing Outlook is registered as a tax-exempt nonprofit (EIN: 813920479). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Refreshing Outlook located?
Refreshing Outlook is headquartered in Prosperity, South Carolina and files with the IRS under EIN 813920479. It is classified under NTEE code T50.
How many years of IRS 990 filings does Refreshing Outlook have?
Refreshing Outlook has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $112K in total revenue.
Filing History
IRS 990 filing history for Refreshing Outlook showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2019–2020), Refreshing Outlook's revenue has declined by 48.6%, moving from $61K to $31K. Total assets increased by 3709.9% over the same period, from $7K to $276K. Total functional expenses fell by 91.3%, from $54K to $5K. In its most recent filing year (2020), Refreshing Outlook reported a surplus of $27K, with revenue exceeding expenses. The organization holds $242K in liabilities against $276K in assets (debt-to-asset ratio: 87.7%), resulting in net assets of $34K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $31K | $5K | $276K | $242K | — | — |
| 2019 | $61K | $54K | $7K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Refreshing Outlook:
Data Sources and Methodology
This transparency report for Refreshing Outlook 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.