Seattle Derby Brats
EIN: 261593061 · Shoreline, WA · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $483K |
| Total Expenses | $398K |
| Net Assets | $288K |
Is Seattle Derby Brats Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Seattle Derby Brats
Seattle Derby Brats (EIN: 261593061) is a nonprofit organization based in Shoreline, WA, classified under NTEE code N60. The organization reported total revenue of $483K and total assets of $331K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seattle Derby Brats's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seattle Derby Brats is a small nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $333K |
| Total Expenses | $398K |
| Surplus / Deficit | $-65,525 |
| Total Assets | $288K |
| Total Liabilities | $98 |
| Net Assets | $288K |
| Operating Margin | -19.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 8.7 months |
Financial Health Grade: B
In 2023, Seattle Derby Brats reported a deficit of $66K with expenses exceeding revenue, holds 8.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Seattle Derby Brats's revenue has grown at a compound annual growth rate (CAGR) of 14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.1% | -19.5% | -26.7% |
| 2022 | +84.0% | +942.2% | -10.2% |
| 2021 | +55.6% | -43.5% | +29.8% |
| 2020 | -68.4% | -51.7% | +3.1% |
| 2019 | +39.4% | -2.1% | +56.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Seattle Derby Brats 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 Seattle Derby Brats 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 deficit of $66K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Seattle Derby Brats
Is Seattle Derby Brats a legitimate charity?
Seattle Derby Brats (EIN: 261593061) is a registered tax-exempt nonprofit based in Washington. It has 12 years of IRS 990 filings on record. Total revenue: $483K. No red flags identified. Financial health grade: B.
How does Seattle Derby Brats spend its money?
Seattle Derby Brats reported $483K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Seattle Derby Brats tax-deductible?
Seattle Derby Brats is registered as a tax-exempt nonprofit (EIN: 261593061). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Seattle Derby Brats located?
Seattle Derby Brats is headquartered in Shoreline, Washington and files with the IRS under EIN 261593061. It is classified under NTEE code N60.
How many years of IRS 990 filings does Seattle Derby Brats have?
Seattle Derby Brats has 12 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 $483K in total revenue.
Filing History
IRS 990 filing history for Seattle Derby Brats showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Seattle Derby Brats's revenue has grown by 332.6%, moving from $77K to $333K. Total assets increased by 689.2% over the same period, from $37K to $288K. Total functional expenses rose by 456%, from $72K to $398K. In its most recent filing year (2023), Seattle Derby Brats reported a deficit of $66K, with expenses exceeding revenue. The organization holds $98 in liabilities against $288K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $288K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $333K | $398K | $288K | $98 | — | — |
| 2022 | $264K | $495K | $393K | $0 | — | View 990 |
| 2021 | $143K | $47K | $438K | $0 | — | View 990 |
| 2020 | $92K | $84K | $338K | $2K | — | View 990 |
| 2019 | $292K | $174K | $327K | $0 | — | View 990 |
| 2018 | $209K | $178K | $210K | $0 | — | View 990 |
| 2017 | $163K | $135K | $178K | $0 | — | View 990 |
| 2016 | $124K | $117K | $151K | $0 | — | View 990 |
| 2015 | $121K | $76K | $144K | $0 | — | View 990 |
| 2014 | $112K | $65K | $98K | $0 | — | View 990 |
| 2013 | $96K | $81K | $51K | $0 | — | View 990 |
| 2012 | $77K | $72K | $37K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $333K, expenses of $398K, and assets of $288K (revenue +26.1% year-over-year).
- 2022: Revenue of $264K, expenses of $495K, and assets of $393K (revenue +84.0% year-over-year).
- 2021: Revenue of $143K, expenses of $47K, and assets of $438K (revenue +55.6% year-over-year).
- 2020: Revenue of $92K, expenses of $84K, and assets of $338K (revenue -68.4% year-over-year).
- 2019: Revenue of $292K, expenses of $174K, and assets of $327K (revenue +39.4% year-over-year).
- 2018: Revenue of $209K, expenses of $178K, and assets of $210K (revenue +28.7% year-over-year).
- 2017: Revenue of $163K, expenses of $135K, and assets of $178K (revenue +31.1% year-over-year).
- 2016: Revenue of $124K, expenses of $117K, and assets of $151K (revenue +2.3% year-over-year).
- 2015: Revenue of $121K, expenses of $76K, and assets of $144K (revenue +8.1% year-over-year).
- 2014: Revenue of $112K, expenses of $65K, and assets of $98K (revenue +16.4% year-over-year).
- 2013: Revenue of $96K, expenses of $81K, and assets of $51K (revenue +25.2% year-over-year).
- 2012: Revenue of $77K, expenses of $72K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seattle Derby Brats:
Data Sources and Methodology
This transparency report for Seattle Derby Brats 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.