Reuseum Educational Inc
EIN: 352427068 · Garden City, ID · NTEE: U40
| Metric | Value |
|---|---|
| Total Revenue | $413K |
| Total Expenses | $677K |
| Net Assets | $-234,975 |
Is Reuseum Educational Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Reuseum Educational Inc
Reuseum Educational Inc (EIN: 352427068) is a nonprofit organization based in Garden City, ID, classified under NTEE code U40. The organization reported total revenue of $413K and total assets of $191K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reuseum Educational Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reuseum Educational Inc is a small nonprofit that has been operating for 14 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 50.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $444K |
| Total Expenses | $677K |
| Surplus / Deficit | $-232,539 |
| Total Assets | $287K |
| Total Liabilities | $522K |
| Net Assets | $-234,975 |
| Operating Margin | -52.3% |
| Debt-to-Asset Ratio | 181.9% |
| Months of Reserves | 5.1 months |
Financial Health Grade: C
In 2023, Reuseum Educational Inc reported a deficit of $233K with expenses exceeding revenue, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 181.9% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), Reuseum Educational Inc's revenue has grown at a compound annual growth rate (CAGR) of 50.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.9% | +29.6% | -44.3% |
| 2022 | +20.0% | +15.6% | +7.7% |
| 2021 | +48.8% | +24.1% | +288.4% |
| 2020 | -4.0% | +12.0% | +60.0% |
| 2019 | +1.1% | +9.4% | +53.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Reuseum Educational 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 Reuseum Educational 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 $233K, with expenses exceeding revenue.
- Debt-to-asset ratio: 181.9%.
Frequently Asked Questions about Reuseum Educational Inc
Is Reuseum Educational Inc a legitimate charity?
Reuseum Educational Inc (EIN: 352427068) is a registered tax-exempt nonprofit based in Idaho. It has 10 years of IRS 990 filings on record. Total revenue: $413K. No red flags identified. Financial health grade: C.
How does Reuseum Educational Inc spend its money?
Reuseum Educational Inc reported $413K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Reuseum Educational Inc tax-deductible?
Reuseum Educational Inc is registered as a tax-exempt nonprofit (EIN: 352427068). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Reuseum Educational Inc located?
Reuseum Educational Inc is headquartered in Garden City, Idaho and files with the IRS under EIN 352427068. It is classified under NTEE code U40.
How many years of IRS 990 filings does Reuseum Educational Inc have?
Reuseum Educational 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 $413K in total revenue.
Filing History
IRS 990 filing history for Reuseum Educational Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Reuseum Educational Inc's revenue has grown by 13875.6%, moving from $3K to $444K. Total assets increased by 95588.7% over the same period, from $300 to $287K. Total functional expenses rose by 23405.7%, from $3K to $677K. In its most recent filing year (2023), Reuseum Educational Inc reported a deficit of $233K, with expenses exceeding revenue. The organization holds $522K in liabilities against $287K in assets (debt-to-asset ratio: 181.9%), resulting in net assets of $-234,975.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $444K | $677K | $287K | $522K | — | — |
| 2022 | $541K | $522K | $515K | $518K | — | View 990 |
| 2021 | $451K | $452K | $479K | $500K | — | View 990 |
| 2020 | $303K | $364K | $123K | $144K | — | — |
| 2019 | $316K | $325K | $77K | $36K | — | View 990 |
| 2018 | $312K | $297K | $50K | $0 | — | View 990 |
| 2017 | $273K | $247K | $40K | $5K | — | View 990 |
| 2016 | $188K | $187K | $9K | $0 | — | View 990 |
| 2015 | $89K | $85K | $17K | $9K | — | View 990 |
| 2011 | $3K | $3K | $300 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $444K, expenses of $677K, and assets of $287K (revenue -17.9% year-over-year).
- 2022: Revenue of $541K, expenses of $522K, and assets of $515K (revenue +20.0% year-over-year).
- 2021: Revenue of $451K, expenses of $452K, and assets of $479K (revenue +48.8% year-over-year).
- 2020: Revenue of $303K, expenses of $364K, and assets of $123K (revenue -4.0% year-over-year).
- 2019: Revenue of $316K, expenses of $325K, and assets of $77K (revenue +1.1% year-over-year).
- 2018: Revenue of $312K, expenses of $297K, and assets of $50K (revenue +14.6% year-over-year).
- 2017: Revenue of $273K, expenses of $247K, and assets of $40K (revenue +44.7% year-over-year).
- 2016: Revenue of $188K, expenses of $187K, and assets of $9K (revenue +112.0% year-over-year).
- 2015: Revenue of $89K, expenses of $85K, and assets of $17K (revenue +2696.1% year-over-year).
- 2011: Revenue of $3K, expenses of $3K, and assets of $300.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reuseum Educational Inc:
Data Sources and Methodology
This transparency report for Reuseum Educational 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.