Reno Initiative For Shelter And Equality
EIN: 455617917 · Sparks, NV · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $3.9M |
| Net Assets | $447K |
Is Reno Initiative For Shelter And Equality Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Reno Initiative For Shelter And Equality
Reno Initiative For Shelter And Equality (EIN: 455617917) is a nonprofit organization based in Sparks, NV, classified under NTEE code P20. The organization reported total revenue of $4.9M and total assets of $872K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reno Initiative For Shelter And Equality's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reno Initiative For Shelter And Equality is a mid-size nonprofit that has been operating for 13 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 77.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$57K |
| Total Assets | $622K |
| Total Liabilities | $174K |
| Net Assets | $447K |
| Operating Margin | 1.4% |
| Debt-to-Asset Ratio | 28.0% |
| Months of Reserves | 1.9 months |
Financial Health Grade: A
In 2023, Reno Initiative For Shelter And Equality reported a surplus of $57K with revenue exceeding expenses, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 28.0% (moderate leverage).
Financial Trends
Over 10 years of filings (2012–2023), Reno Initiative For Shelter And Equality's revenue has grown at a compound annual growth rate (CAGR) of 77.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.9% | +27.2% | +117.4% |
| 2022 | +18.4% | +11.9% | +47.5% |
| 2021 | +74.5% | +95.3% | -21.0% |
| 2020 | +2708.3% | +2474.0% | +694.9% |
| 2019 | -28.9% | -31.9% | -6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Reno Initiative For Shelter And Equality 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 Reno Initiative For Shelter And Equality 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 $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 28.0%.
Frequently Asked Questions about Reno Initiative For Shelter And Equality
Is Reno Initiative For Shelter And Equality a legitimate charity?
Reno Initiative For Shelter And Equality (EIN: 455617917) is a registered tax-exempt nonprofit based in Nevada. It has 10 years of IRS 990 filings on record. Total revenue: $4.9M. No red flags identified. Financial health grade: A.
How does Reno Initiative For Shelter And Equality spend its money?
Reno Initiative For Shelter And Equality reported $4.9M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Reno Initiative For Shelter And Equality tax-deductible?
Reno Initiative For Shelter And Equality is registered as a tax-exempt nonprofit (EIN: 455617917). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Reno Initiative For Shelter And Equality located?
Reno Initiative For Shelter And Equality is headquartered in Sparks, Nevada and files with the IRS under EIN 455617917. It is classified under NTEE code P20.
How many years of IRS 990 filings does Reno Initiative For Shelter And Equality have?
Reno Initiative For Shelter And Equality 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 $4.9M in total revenue.
Filing History
IRS 990 filing history for Reno Initiative For Shelter And Equality showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Reno Initiative For Shelter And Equality's revenue has grown by 55459%, moving from $7K to $4.0M. Total assets increased by 44082.6% over the same period, from $1K to $622K. Total functional expenses rose by 59780.6%, from $7K to $3.9M. In its most recent filing year (2023), Reno Initiative For Shelter And Equality reported a surplus of $57K, with revenue exceeding expenses. The organization holds $174K in liabilities against $622K in assets (debt-to-asset ratio: 28.0%), resulting in net assets of $447K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.0M | $3.9M | $622K | $174K | — | — |
| 2022 | $3.2M | $3.1M | $286K | $85K | — | View 990 |
| 2021 | $2.7M | $2.8M | $194K | $95K | — | — |
| 2020 | $1.5M | $1.4M | $245K | $83K | — | View 990 |
| 2019 | $55K | $55K | $31K | $0 | — | View 990 |
| 2018 | $77K | $80K | $33K | $0 | — | View 990 |
| 2017 | $92K | $77K | $36K | $0 | — | View 990 |
| 2016 | $75K | $63K | $22K | $0 | — | View 990 |
| 2015 | $53K | $46K | $10K | $0 | — | View 990 |
| 2012 | $7K | $7K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.0M, expenses of $3.9M, and assets of $622K (revenue +24.9% year-over-year).
- 2022: Revenue of $3.2M, expenses of $3.1M, and assets of $286K (revenue +18.4% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.8M, and assets of $194K (revenue +74.5% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.4M, and assets of $245K (revenue +2708.3% year-over-year).
- 2019: Revenue of $55K, expenses of $55K, and assets of $31K (revenue -28.9% year-over-year).
- 2018: Revenue of $77K, expenses of $80K, and assets of $33K (revenue -15.8% year-over-year).
- 2017: Revenue of $92K, expenses of $77K, and assets of $36K (revenue +22.0% year-over-year).
- 2016: Revenue of $75K, expenses of $63K, and assets of $22K (revenue +41.1% year-over-year).
- 2015: Revenue of $53K, expenses of $46K, and assets of $10K (revenue +644.8% year-over-year).
- 2012: Revenue of $7K, expenses of $7K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reno Initiative For Shelter And Equality:
Data Sources and Methodology
This transparency report for Reno Initiative For Shelter And Equality 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.