Resource Cleveland
EIN: 300594051 · Cleveland, OH · NTEE: P84
| Metric | Value |
|---|---|
| Total Revenue | $4.4M |
| Total Expenses | $2.1M |
| Net Assets | $1.9M |
Is Resource Cleveland Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Resource Cleveland
Resource Cleveland (EIN: 300594051) is a nonprofit organization based in Cleveland, OH, classified under NTEE code P84. The organization reported total revenue of $4.4M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Resource Cleveland's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Resource Cleveland is a mid-size nonprofit that has been operating for 16 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 26.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$846K |
| Total Assets | $1.9M |
| Total Liabilities | $81K |
| Net Assets | $1.9M |
| Operating Margin | 28.5% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 10.9 months |
Financial Health Grade: A
In 2023, Resource Cleveland reported a surplus of $846K with revenue exceeding expenses, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Resource Cleveland's revenue has grown at a compound annual growth rate (CAGR) of 26.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.8% | +40.4% | +86.8% |
| 2022 | +2.9% | -19.3% | +63.4% |
| 2021 | +39.2% | +75.3% | -16.0% |
| 2020 | +71.8% | +41.0% | +88.5% |
| 2019 | +6.7% | +27.3% | +6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Resource Cleveland 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 Resource Cleveland 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 $846K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.2%.
Frequently Asked Questions about Resource Cleveland
Is Resource Cleveland a legitimate charity?
Resource Cleveland (EIN: 300594051) is a registered tax-exempt nonprofit based in Ohio. It has 14 years of IRS 990 filings on record. Total revenue: $4.4M. No red flags identified. Financial health grade: A.
How does Resource Cleveland spend its money?
Resource Cleveland reported $4.4M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Resource Cleveland tax-deductible?
Resource Cleveland is registered as a tax-exempt nonprofit (EIN: 300594051). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Resource Cleveland located?
Resource Cleveland is headquartered in Cleveland, Ohio and files with the IRS under EIN 300594051. It is classified under NTEE code P84.
How many years of IRS 990 filings does Resource Cleveland have?
Resource Cleveland has 14 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 $4.4M in total revenue.
Filing History
IRS 990 filing history for Resource Cleveland showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Resource Cleveland's revenue has grown by 1968%, moving from $143K to $3.0M. Total assets increased by 5103.6% over the same period, from $37K to $1.9M. Total functional expenses rose by 1868.1%, from $108K to $2.1M. In its most recent filing year (2023), Resource Cleveland reported a surplus of $846K, with revenue exceeding expenses. The organization holds $81K in liabilities against $1.9M in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $2.1M | $1.9M | $81K | — | — |
| 2022 | $1.9M | $1.5M | $1.0M | $29K | — | — |
| 2021 | $1.8M | $1.9M | $632K | $21K | — | View 990 |
| 2020 | $1.3M | $1.1M | $752K | $118K | — | View 990 |
| 2019 | $773K | $758K | $399K | $25K | — | View 990 |
| 2018 | $725K | $595K | $376K | $18K | — | View 990 |
| 2017 | $562K | $597K | $240K | $12K | — | View 990 |
| 2016 | $674K | $594K | $283K | $20K | — | View 990 |
| 2015 | $628K | $623K | $249K | $66K | — | View 990 |
| 2014 | $497K | $462K | $182K | $4K | — | View 990 |
| 2013 | $441K | $378K | $145K | $2K | — | View 990 |
| 2012 | $378K | $310K | $89K | $10K | — | View 990 |
| 2011 | $253K | $275K | $14K | $0 | — | View 990 |
| 2010 | $143K | $108K | $37K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $2.1M, and assets of $1.9M (revenue +55.8% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.5M, and assets of $1.0M (revenue +2.9% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.9M, and assets of $632K (revenue +39.2% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.1M, and assets of $752K (revenue +71.8% year-over-year).
- 2019: Revenue of $773K, expenses of $758K, and assets of $399K (revenue +6.7% year-over-year).
- 2018: Revenue of $725K, expenses of $595K, and assets of $376K (revenue +28.9% year-over-year).
- 2017: Revenue of $562K, expenses of $597K, and assets of $240K (revenue -16.6% year-over-year).
- 2016: Revenue of $674K, expenses of $594K, and assets of $283K (revenue +7.3% year-over-year).
- 2015: Revenue of $628K, expenses of $623K, and assets of $249K (revenue +26.4% year-over-year).
- 2014: Revenue of $497K, expenses of $462K, and assets of $182K (revenue +12.8% year-over-year).
- 2013: Revenue of $441K, expenses of $378K, and assets of $145K (revenue +16.7% year-over-year).
- 2012: Revenue of $378K, expenses of $310K, and assets of $89K (revenue +49.1% year-over-year).
- 2011: Revenue of $253K, expenses of $275K, and assets of $14K (revenue +76.6% year-over-year).
- 2010: Revenue of $143K, expenses of $108K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Resource Cleveland:
Data Sources and Methodology
This transparency report for Resource Cleveland 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.