Scarlet Road
EIN: 453703034 · Bremerton, WA · NTEE: P19
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $623K |
| Net Assets | $714K |
Is Scarlet Road Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Scarlet Road
Scarlet Road (EIN: 453703034) is a nonprofit organization based in Bremerton, WA, classified under NTEE code P19. The organization reported total revenue of $1.1M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scarlet Road's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scarlet Road is a mid-size nonprofit that has been operating for 14 years, with 8 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 36.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $730K |
| Total Expenses | $623K |
| Surplus / Deficit | +$107K |
| Total Assets | $776K |
| Total Liabilities | $62K |
| Net Assets | $714K |
| Operating Margin | 14.6% |
| Debt-to-Asset Ratio | 8.0% |
| Months of Reserves | 14.9 months |
Financial Health Grade: A
In 2023, Scarlet Road reported a surplus of $107K with revenue exceeding expenses, holds 14.9 months of operating reserves (strong position), has a debt-to-asset ratio of 8.0% (very low leverage).
Financial Trends
Over 8 years of filings (2015–2023), Scarlet Road's revenue has grown at a compound annual growth rate (CAGR) of 36.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.8% | +34.0% | +21.4% |
| 2022 | +20.2% | +15.4% | +50.6% |
| 2021 | +27.3% | +37.9% | +62.9% |
| 2020 | +26.5% | -4.2% | +196.6% |
| 2019 | +75.2% | +62.1% | +61.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Scarlet Road 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 Scarlet Road 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 surplus of $107K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.0%.
Frequently Asked Questions about Scarlet Road
Is Scarlet Road a legitimate charity?
Scarlet Road (EIN: 453703034) is a registered tax-exempt nonprofit based in Washington. It has 8 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: A.
How does Scarlet Road spend its money?
Scarlet Road reported $1.1M in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Scarlet Road tax-deductible?
Scarlet Road is registered as a tax-exempt nonprofit (EIN: 453703034). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Scarlet Road located?
Scarlet Road is headquartered in Bremerton, Washington and files with the IRS under EIN 453703034. It is classified under NTEE code P19.
How many years of IRS 990 filings does Scarlet Road have?
Scarlet Road 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. The most recent filing shows $1.1M in total revenue.
Filing History
IRS 990 filing history for Scarlet Road showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2015–2023), Scarlet Road's revenue has grown by 1135.4%, moving from $59K to $730K. Total assets increased by 1850.3% over the same period, from $40K to $776K. Total functional expenses rose by 1518.4%, from $39K to $623K. In its most recent filing year (2023), Scarlet Road reported a surplus of $107K, with revenue exceeding expenses. The organization holds $62K in liabilities against $776K in assets (debt-to-asset ratio: 8.0%), resulting in net assets of $714K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $730K | $623K | $776K | $62K | — | — |
| 2022 | $653K | $465K | $639K | $50K | — | View 990 |
| 2021 | $543K | $403K | $425K | $33K | — | View 990 |
| 2020 | $427K | $292K | $261K | $27K | — | — |
| 2019 | $337K | $305K | $88K | $2K | — | View 990 |
| 2018 | $192K | $188K | $54K | $0 | — | View 990 |
| 2017 | $148K | $131K | $50K | $197 | — | View 990 |
| 2015 | $59K | $39K | $40K | $724 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $730K, expenses of $623K, and assets of $776K (revenue +11.8% year-over-year).
- 2022: Revenue of $653K, expenses of $465K, and assets of $639K (revenue +20.2% year-over-year).
- 2021: Revenue of $543K, expenses of $403K, and assets of $425K (revenue +27.3% year-over-year).
- 2020: Revenue of $427K, expenses of $292K, and assets of $261K (revenue +26.5% year-over-year).
- 2019: Revenue of $337K, expenses of $305K, and assets of $88K (revenue +75.2% year-over-year).
- 2018: Revenue of $192K, expenses of $188K, and assets of $54K (revenue +29.9% year-over-year).
- 2017: Revenue of $148K, expenses of $131K, and assets of $50K (revenue +150.8% year-over-year).
- 2015: Revenue of $59K, expenses of $39K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scarlet Road:
Data Sources and Methodology
This transparency report for Scarlet Road 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.