Room At The Inn Inc
EIN: 562152520 · Greensboro, NC · NTEE: P450
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $2.1M |
| Net Assets | $8.0M |
Is Room At The Inn Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Room At The Inn Inc
Room At The Inn Inc (EIN: 562152520) is a nonprofit organization based in Greensboro, NC, classified under NTEE code P450. The organization reported total revenue of $2.2M and total assets of $8.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Room At The Inn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Room At The Inn Inc is a mid-size nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 19.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.9M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$6.8M |
| Total Assets | $8.1M |
| Total Liabilities | $104K |
| Net Assets | $8.0M |
| Operating Margin | 76.3% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 46.4 months |
Financial Health Grade: A
In 2024, Room At The Inn Inc reported a surplus of $6.8M with revenue exceeding expenses, holds 46.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Room At The Inn Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +265.5% | +16.7% | +376.7% |
| 2023 | +44.1% | +20.5% | +83.5% |
| 2022 | +4.5% | +29.5% | +1.7% |
| 2021 | +62.8% | +15.5% | +59.8% |
| 2020 | +1.4% | +7.0% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Room At The Inn 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 Room At The Inn 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.3%.
Frequently Asked Questions about Room At The Inn Inc
Is Room At The Inn Inc a legitimate charity?
Room At The Inn Inc (EIN: 562152520) is a registered tax-exempt nonprofit based in North Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $2.2M. No red flags identified. Financial health grade: A.
How does Room At The Inn Inc spend its money?
Room At The Inn Inc reported $2.2M 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 Room At The Inn Inc tax-deductible?
Room At The Inn Inc is registered as a tax-exempt nonprofit (EIN: 562152520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Room At The Inn Inc located?
Room At The Inn Inc is headquartered in Greensboro, North Carolina and files with the IRS under EIN 562152520. It is classified under NTEE code P450.
How many years of IRS 990 filings does Room At The Inn Inc have?
Room At The Inn 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 $2.2M in total revenue.
Filing History
IRS 990 filing history for Room At The Inn Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Room At The Inn Inc's revenue has grown by 756%, moving from $1.0M to $8.9M. Total assets increased by 1114.1% over the same period, from $669K to $8.1M. Total functional expenses rose by 80.4%, from $1.2M to $2.1M. In its most recent filing year (2024), Room At The Inn Inc reported a surplus of $6.8M, with revenue exceeding expenses. The organization holds $104K in liabilities against $8.1M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $8.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $8.9M | $2.1M | $8.1M | $104K | — | View 990 |
| 2023 | $2.4M | $1.8M | $1.7M | $461K | — | View 990 |
| 2022 | $1.7M | $1.5M | $928K | $314K | — | View 990 |
| 2021 | $1.6M | $1.2M | $913K | $504K | — | — |
| 2020 | $990K | $999K | $571K | $658K | — | View 990 |
| 2019 | $976K | $933K | $591K | $668K | — | View 990 |
| 2018 | $953K | $906K | $524K | $644K | — | — |
| 2017 | $843K | $832K | $533K | $700K | — | View 990 |
| 2016 | $834K | $782K | $533K | $710K | — | View 990 |
| 2015 | $679K | $667K | $529K | $758K | — | View 990 |
| 2014 | $675K | $629K | $544K | $785K | — | View 990 |
| 2013 | $804K | $985K | $569K | $856K | — | View 990 |
| 2012 | $1.0M | $1.2M | $669K | $774K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $8.9M, expenses of $2.1M, and assets of $8.1M (revenue +265.5% year-over-year).
- 2023: Revenue of $2.4M, expenses of $1.8M, and assets of $1.7M (revenue +44.1% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.5M, and assets of $928K (revenue +4.5% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.2M, and assets of $913K (revenue +62.8% year-over-year).
- 2020: Revenue of $990K, expenses of $999K, and assets of $571K (revenue +1.4% year-over-year).
- 2019: Revenue of $976K, expenses of $933K, and assets of $591K (revenue +2.4% year-over-year).
- 2018: Revenue of $953K, expenses of $906K, and assets of $524K (revenue +13.1% year-over-year).
- 2017: Revenue of $843K, expenses of $832K, and assets of $533K (revenue +1.1% year-over-year).
- 2016: Revenue of $834K, expenses of $782K, and assets of $533K (revenue +22.7% year-over-year).
- 2015: Revenue of $679K, expenses of $667K, and assets of $529K (revenue +0.6% year-over-year).
- 2014: Revenue of $675K, expenses of $629K, and assets of $544K (revenue -16.0% year-over-year).
- 2013: Revenue of $804K, expenses of $985K, and assets of $569K (revenue -22.5% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.2M, and assets of $669K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Room At The Inn Inc:
Data Sources and Methodology
This transparency report for Room At The Inn 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.