Shake A Leg Miami Inc
EIN: 650611917 · Miami, FL · NTEE: E860
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $2.3M |
| Net Assets | $293K |
Is Shake A Leg Miami Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shake A Leg Miami Inc
Shake A Leg Miami Inc (EIN: 650611917) is a nonprofit organization based in Miami, FL, classified under NTEE code E860. The organization reported total revenue of $2.2M and total assets of $741K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shake A Leg Miami Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shake A Leg Miami Inc is a mid-size nonprofit that has been operating for 30 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-227,199 |
| Total Assets | $820K |
| Total Liabilities | $527K |
| Net Assets | $293K |
| Operating Margin | -11.2% |
| Debt-to-Asset Ratio | 64.2% |
| Months of Reserves | 4.4 months |
Financial Health Grade: C
In 2022, Shake A Leg Miami Inc reported a deficit of $227K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 64.2% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Shake A Leg Miami Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -12.7% | +10.4% | +8.5% |
| 2021 | +30.1% | +0.9% | +15.1% |
| 2020 | -44.8% | -36.4% | +0.4% |
| 2019 | +22.8% | +24.3% | +5.6% |
| 2018 | +18.8% | +19.3% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shake A Leg Miami 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 Shake A Leg Miami 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $227K, with expenses exceeding revenue.
- Debt-to-asset ratio: 64.2%.
Frequently Asked Questions about Shake A Leg Miami Inc
Is Shake A Leg Miami Inc a legitimate charity?
Shake A Leg Miami Inc (EIN: 650611917) is a registered tax-exempt nonprofit based in Florida. It has 12 years of IRS 990 filings on record. Total revenue: $2.2M. No red flags identified. Financial health grade: C.
How does Shake A Leg Miami Inc spend its money?
Shake A Leg Miami Inc reported $2.2M 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 Shake A Leg Miami Inc tax-deductible?
Shake A Leg Miami Inc is registered as a tax-exempt nonprofit (EIN: 650611917). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shake A Leg Miami Inc located?
Shake A Leg Miami Inc is headquartered in Miami, Florida and files with the IRS under EIN 650611917. It is classified under NTEE code E860.
How many years of IRS 990 filings does Shake A Leg Miami Inc have?
Shake A Leg Miami Inc 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 $2.2M in total revenue.
Filing History
IRS 990 filing history for Shake A Leg Miami Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Shake A Leg Miami Inc's revenue has declined by 10.6%, moving from $2.3M to $2.0M. Total assets decreased by 50.4% over the same period, from $1.7M to $820K. Total functional expenses fell by 2.5%, from $2.3M to $2.3M. In its most recent filing year (2022), Shake A Leg Miami Inc reported a deficit of $227K, with expenses exceeding revenue. The organization holds $527K in liabilities against $820K in assets (debt-to-asset ratio: 64.2%), resulting in net assets of $293K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $2.0M | $2.3M | $820K | $527K | — | View 990 |
| 2021 | $2.3M | $2.0M | $755K | $235K | — | — |
| 2020 | $1.8M | $2.0M | $656K | $417K | — | View 990 |
| 2019 | $3.2M | $3.2M | $653K | $186K | — | View 990 |
| 2018 | $2.6M | $2.6M | $619K | $205K | — | View 990 |
| 2017 | $2.2M | $2.2M | $641K | $301K | — | View 990 |
| 2016 | $2.3M | $2.2M | $675K | $360K | — | View 990 |
| 2015 | $2.1M | $2.1M | $580K | $396K | — | View 990 |
| 2014 | $1.8M | $2.0M | $585K | $401K | — | View 990 |
| 2013 | $1.8M | $2.0M | $731K | $380K | — | View 990 |
| 2012 | $1.6M | $1.9M | $1.0M | $450K | — | View 990 |
| 2011 | $2.3M | $2.3M | $1.7M | $893K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $2.0M, expenses of $2.3M, and assets of $820K (revenue -12.7% year-over-year).
- 2021: Revenue of $2.3M, expenses of $2.0M, and assets of $755K (revenue +30.1% year-over-year).
- 2020: Revenue of $1.8M, expenses of $2.0M, and assets of $656K (revenue -44.8% year-over-year).
- 2019: Revenue of $3.2M, expenses of $3.2M, and assets of $653K (revenue +22.8% year-over-year).
- 2018: Revenue of $2.6M, expenses of $2.6M, and assets of $619K (revenue +18.8% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.2M, and assets of $641K (revenue -5.0% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.2M, and assets of $675K (revenue +11.6% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.1M, and assets of $580K (revenue +17.8% year-over-year).
- 2014: Revenue of $1.8M, expenses of $2.0M, and assets of $585K (revenue +0.5% year-over-year).
- 2013: Revenue of $1.8M, expenses of $2.0M, and assets of $731K (revenue +11.5% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.9M, and assets of $1.0M (revenue -30.0% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.3M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shake A Leg Miami Inc:
Data Sources and Methodology
This transparency report for Shake A Leg Miami 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.