Safe Space Delaware Inc
EIN: 272278263 · Wilmington, DE · NTEE: P20
| Metric | Value |
|---|---|
| Total Expenses | $798K |
| Net Assets | $27K |
Is Safe Space Delaware Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Safe Space Delaware Inc
Safe Space Delaware Inc (EIN: 272278263) is a nonprofit organization based in Wilmington, DE, classified under NTEE code P20. The organization reported total revenue of $0 and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Safe Space Delaware Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Safe Space Delaware Inc is a small nonprofit that has been operating for 15 years, with 8 years of IRS 990 filings on record (2012–2019). Revenue has grown at a compound annual rate of 19.4%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $705K |
| Total Expenses | $798K |
| Surplus / Deficit | $-93,466 |
| Total Assets | $60K |
| Total Liabilities | $33K |
| Net Assets | $27K |
| Operating Margin | -13.3% |
| Debt-to-Asset Ratio | 54.8% |
| Months of Reserves | 0.9 months |
Financial Health Grade: D
In 2019, Safe Space Delaware Inc reported a deficit of $93K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 54.8% (high leverage).
Financial Trends
Over 8 years of filings (2012–2019), Safe Space Delaware Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -52.2% | -48.0% | -69.2% |
| 2018 | -22.4% | -13.4% | -3.3% |
| 2017 | +9.3% | +1.9% | +90602.2% |
| 2016 | -6.0% | -8.2% | -99.2% |
| 2015 | +24.8% | -6.0% | -90.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Safe Space Delaware 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 Safe Space Delaware 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $93K, with expenses exceeding revenue.
- Debt-to-asset ratio: 54.8%.
Frequently Asked Questions about Safe Space Delaware Inc
Is Safe Space Delaware Inc a legitimate charity?
Safe Space Delaware Inc (EIN: 272278263) is a registered tax-exempt nonprofit based in Delaware. It has 8 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does Safe Space Delaware Inc spend its money?
Safe Space Delaware Inc reported its financials in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Safe Space Delaware Inc tax-deductible?
Safe Space Delaware Inc is registered as a tax-exempt nonprofit (EIN: 272278263). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Safe Space Delaware Inc located?
Safe Space Delaware Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 272278263. It is classified under NTEE code P20.
How many years of IRS 990 filings does Safe Space Delaware Inc have?
Safe Space Delaware Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Safe Space Delaware Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2019), Safe Space Delaware Inc's revenue has grown by 245.4%, moving from $204K to $705K. Total assets increased by 258.8% over the same period, from $17K to $60K. Total functional expenses rose by 261.7%, from $221K to $798K. In its most recent filing year (2019), Safe Space Delaware Inc reported a deficit of $93K, with expenses exceeding revenue. The organization holds $33K in liabilities against $60K in assets (debt-to-asset ratio: 54.8%), resulting in net assets of $27K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $705K | $798K | $60K | $33K | — | View 990 |
| 2018 | $1.5M | $1.5M | $196K | $75K | — | View 990 |
| 2017 | $1.9M | $1.8M | $202K | $200K | — | View 990 |
| 2016 | $1.7M | $1.7M | $223 | $44K | — | View 990 |
| 2015 | $1.9M | $1.9M | $27K | $72K | — | View 990 |
| 2014 | $1.5M | $2.0M | $300K | $0 | — | View 990 |
| 2013 | $30K | $325K | $30K | $33K | — | — |
| 2012 | $204K | $221K | $17K | $33K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $705K, expenses of $798K, and assets of $60K (revenue -52.2% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.5M, and assets of $196K (revenue -22.4% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.8M, and assets of $202K (revenue +9.3% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.7M, and assets of $223 (revenue -6.0% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.9M, and assets of $27K (revenue +24.8% year-over-year).
- 2014: Revenue of $1.5M, expenses of $2.0M, and assets of $300K (revenue +4843.9% year-over-year).
- 2013: Revenue of $30K, expenses of $325K, and assets of $30K (revenue -85.3% year-over-year).
- 2012: Revenue of $204K, expenses of $221K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Safe Space Delaware Inc:
Data Sources and Methodology
This transparency report for Safe Space Delaware 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.