Scarlet Pride Inc
Scarlet Pride Inc. shows revenue growth and no reported officer compensation, but expense reporting has been inconsistent.
EIN: 202685943 · Des Moines, IA · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $112K |
| Total Expenses | $21K |
| Program Spending | 85% |
| Net Assets | $44K |
| Transparency Score | 80/100 |
Is Scarlet Pride Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Scarlet Pride Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Scarlet Pride Inc
Scarlet Pride Inc (EIN: 202685943) is a nonprofit organization based in Des Moines, IA, classified under NTEE code B82. The organization reported total revenue of $112K and total assets of $43K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scarlet Pride Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scarlet Pride Inc is a small nonprofit that has been operating for 21 years, with 7 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $65K |
| Total Expenses | $21K |
| Surplus / Deficit | +$44K |
| Total Assets | $44K |
| Net Assets | $44K |
| Operating Margin | 68.0% |
| Months of Reserves | 25.5 months |
Financial Health Grade: A
In 2023, Scarlet Pride Inc reported a surplus of $44K with revenue exceeding expenses, holds 25.5 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2016–2023), Scarlet Pride Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +133.0% | -7.1% | +702.3% |
| 2022 | +164.7% | — | -87.9% |
| 2020 | -87.2% | -100.0% | +30.0% |
| 2019 | +125.6% | +119.5% | -2.4% |
| 2018 | -9.9% | -21.0% | -25.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Scarlet Pride Inc with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Scarlet Pride Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $44K, with revenue exceeding expenses.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, suggesting that executive leadership may be entirely volunteer-based or compensated through non-officer roles, which significantly reduces overhead for an organization of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Scarlet Pride Inc's IRS 990 filings:
- Inconsistent expense reporting (e.g., $0 expenses in 2020 despite revenue)
- Fluctuating revenue and expenses year-over-year without clear trends
Strengths
The following positive indicators were identified for Scarlet Pride Inc:
- No reported officer compensation, indicating potential volunteer leadership
- No reported liabilities across all filings, suggesting strong financial solvency
- Recent significant revenue growth from $27,823 in 2022 to $64,818 in 2023
Frequently Asked Questions about Scarlet Pride Inc
Is Scarlet Pride Inc a legitimate charity?
Scarlet Pride Inc (EIN: 202685943) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 80/100. It has 7 years of IRS 990 filings on record. Total revenue: $112K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Scarlet Pride Inc spend its money?
Scarlet Pride Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Scarlet Pride Inc tax-deductible?
Scarlet Pride Inc is registered as a tax-exempt nonprofit (EIN: 202685943). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Scarlet Pride Inc's spending goes to programs?
Scarlet Pride Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Scarlet Pride Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Scarlet Pride Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Scarlet Pride Inc located?
Scarlet Pride Inc is headquartered in Des Moines, Iowa and files with the IRS under EIN 202685943. It is classified under NTEE code B82.
How many years of IRS 990 filings does Scarlet Pride Inc have?
Scarlet Pride Inc has 7 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 $112K in total revenue.
What caused the $0 expenses reported in 2020?
The IRS 990 filing for Period 202012 shows $10,510 in revenue but $0 in expenses. This is an unusual reporting and warrants further investigation to understand if it was a year of inactivity, a reporting error, or if expenses were categorized differently.
How does Scarlet Pride Inc. manage to operate without reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be volunteer-based, which is a significant factor in keeping administrative costs low and maximizing funds for programs.
What is the primary driver of the recent revenue growth from $27,823 in 2022 to $64,818 in 2023?
The substantial increase in revenue between 2022 and 2023 indicates successful fundraising efforts or increased program service revenue. Understanding the source of this growth is key to assessing the sustainability of its financial health.
Filing History
IRS 990 filing history for Scarlet Pride Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2023), Scarlet Pride Inc's revenue has grown by 53.9%, moving from $42K to $65K. Total assets decreased by 21.1% over the same period, from $56K to $44K. Total functional expenses fell by 39.1%, from $34K to $21K. In its most recent filing year (2023), Scarlet Pride Inc reported a surplus of $44K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $65K | $21K | $44K | $0 | — | — |
| 2022 | $28K | $22K | $5K | $0 | — | View 990 |
| 2020 | $11K | $0 | $46K | $0 | — | View 990 |
| 2019 | $82K | $83K | $35K | $0 | — | View 990 |
| 2018 | $36K | $38K | $36K | $0 | — | View 990 |
| 2017 | $40K | $48K | $48K | $0 | — | View 990 |
| 2016 | $42K | $34K | $56K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $65K, expenses of $21K, and assets of $44K (revenue +133.0% year-over-year).
- 2022: Revenue of $28K, expenses of $22K, and assets of $5K (revenue +164.7% year-over-year).
- 2020: Revenue of $11K, expenses of $0, and assets of $46K (revenue -87.2% year-over-year).
- 2019: Revenue of $82K, expenses of $83K, and assets of $35K (revenue +125.6% year-over-year).
- 2018: Revenue of $36K, expenses of $38K, and assets of $36K (revenue -9.9% year-over-year).
- 2017: Revenue of $40K, expenses of $48K, and assets of $48K (revenue -4.2% year-over-year).
- 2016: Revenue of $42K, expenses of $34K, and assets of $56K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scarlet Pride Inc:
Data Sources and Methodology
This transparency report for Scarlet Pride 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.