Room In The Inn Memphis
EIN: 463112227 · Memphis, TN · NTEE: L41
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.6M |
| Net Assets | $698K |
Is Room In The Inn Memphis Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Room In The Inn Memphis
Room In The Inn Memphis (EIN: 463112227) is a nonprofit organization based in Memphis, TN, classified under NTEE code L41. The organization reported total revenue of $1.5M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Room In The Inn Memphis's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Room In The Inn Memphis is a mid-size nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2014–2024). Revenue has grown at a compound annual rate of 70.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-206,163 |
| Total Assets | $2.0M |
| Total Liabilities | $1.3M |
| Net Assets | $698K |
| Operating Margin | -14.9% |
| Debt-to-Asset Ratio | 65.7% |
| Months of Reserves | 15.3 months |
Financial Health Grade: C
In 2024, Room In The Inn Memphis reported a deficit of $206K with expenses exceeding revenue, holds 15.3 months of operating reserves (strong position), has a debt-to-asset ratio of 65.7% (high leverage).
Financial Trends
Over 11 years of filings (2014–2024), Room In The Inn Memphis's revenue has grown at a compound annual growth rate (CAGR) of 70.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -15.3% | +11.9% | -13.4% |
| 2023 | +17.0% | +6.4% | +237.3% |
| 2022 | +30.3% | +98.6% | +10.4% |
| 2021 | +279.1% | +298.1% | +196.8% |
| 2020 | +99.5% | +16.4% | +447.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Room In The Inn Memphis 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 In The Inn Memphis 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 deficit of $206K, with expenses exceeding revenue.
- Debt-to-asset ratio: 65.7%.
Frequently Asked Questions about Room In The Inn Memphis
Is Room In The Inn Memphis a legitimate charity?
Room In The Inn Memphis (EIN: 463112227) is a registered tax-exempt nonprofit based in Tennessee. It has 11 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. Financial health grade: C.
How does Room In The Inn Memphis spend its money?
Room In The Inn Memphis reported $1.5M in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Room In The Inn Memphis tax-deductible?
Room In The Inn Memphis is registered as a tax-exempt nonprofit (EIN: 463112227). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Room In The Inn Memphis located?
Room In The Inn Memphis is headquartered in Memphis, Tennessee and files with the IRS under EIN 463112227. It is classified under NTEE code L41.
How many years of IRS 990 filings does Room In The Inn Memphis have?
Room In The Inn Memphis has 11 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Room In The Inn Memphis showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2014–2024), Room In The Inn Memphis's revenue has grown by 20858.3%, moving from $7K to $1.4M. Total assets increased by 2031500% over the same period, from $100 to $2.0M. Total functional expenses rose by 24341.7%, from $7K to $1.6M. In its most recent filing year (2024), Room In The Inn Memphis reported a deficit of $206K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $2.0M in assets (debt-to-asset ratio: 65.7%), resulting in net assets of $698K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.4M | $1.6M | $2.0M | $1.3M | — | View 990 |
| 2023 | $1.6M | $1.4M | $2.3M | $1.4M | — | View 990 |
| 2022 | $1.4M | $1.3M | $695K | $4K | — | View 990 |
| 2021 | $1.1M | $674K | $630K | $34 | — | — |
| 2020 | $283K | $169K | $212K | $2K | — | View 990 |
| 2019 | $142K | $145K | $39K | $2K | — | View 990 |
| 2018 | $133K | $167K | $54K | $14K | — | View 990 |
| 2017 | $87K | $47K | $74K | $807 | — | View 990 |
| 2016 | $42K | $33K | $23K | $0 | — | — |
| 2015 | $31K | $17K | $14K | $0 | — | View 990 |
| 2014 | $7K | $7K | $100 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.4M, expenses of $1.6M, and assets of $2.0M (revenue -15.3% year-over-year).
- 2023: Revenue of $1.6M, expenses of $1.4M, and assets of $2.3M (revenue +17.0% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.3M, and assets of $695K (revenue +30.3% year-over-year).
- 2021: Revenue of $1.1M, expenses of $674K, and assets of $630K (revenue +279.1% year-over-year).
- 2020: Revenue of $283K, expenses of $169K, and assets of $212K (revenue +99.5% year-over-year).
- 2019: Revenue of $142K, expenses of $145K, and assets of $39K (revenue +6.8% year-over-year).
- 2018: Revenue of $133K, expenses of $167K, and assets of $54K (revenue +52.3% year-over-year).
- 2017: Revenue of $87K, expenses of $47K, and assets of $74K (revenue +109.3% year-over-year).
- 2016: Revenue of $42K, expenses of $33K, and assets of $23K (revenue +34.6% year-over-year).
- 2015: Revenue of $31K, expenses of $17K, and assets of $14K (revenue +368.2% year-over-year).
- 2014: Revenue of $7K, expenses of $7K, and assets of $100.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Room In The Inn Memphis:
Data Sources and Methodology
This transparency report for Room In The Inn Memphis 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.