Shanes Place
EIN: 473650849 · Canal Wnchstr, OH · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $2.2M |
| Net Assets | $-420,276 |
Is Shanes Place Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shanes Place
Shanes Place (EIN: 473650849) is a nonprofit organization based in Canal Wnchstr, OH, classified under NTEE code P20. The organization reported total revenue of $2.0M and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shanes Place's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shanes Place is a mid-size nonprofit that has been operating for 9 years, with 2 years of IRS 990 filings on record (2016–2017). Revenue has grown at a compound annual rate of 81.7%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-195,592 |
| Total Assets | $73K |
| Total Liabilities | $494K |
| Net Assets | $-420,276 |
| Operating Margin | -9.7% |
| Debt-to-Asset Ratio | 673.8% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2017, Shanes Place reported a deficit of $196K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 673.8% (high leverage).
Financial Trends
Over 2 years of filings (2016–2017), Shanes Place's revenue has grown at a compound annual growth rate (CAGR) of 81.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +81.7% | +108.3% | +14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shanes Place 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 Shanes Place 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $196K, with expenses exceeding revenue.
- Debt-to-asset ratio: 673.8%.
Frequently Asked Questions about Shanes Place
Is Shanes Place a legitimate charity?
Shanes Place (EIN: 473650849) is a registered tax-exempt nonprofit based in Ohio. It has 2 years of IRS 990 filings on record. Total revenue: $2.0M. No red flags identified. Financial health grade: D.
How does Shanes Place spend its money?
Shanes Place reported $2.0M in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Shanes Place tax-deductible?
Shanes Place is registered as a tax-exempt nonprofit (EIN: 473650849). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shanes Place located?
Shanes Place is headquartered in Canal Wnchstr, Ohio and files with the IRS under EIN 473650849. It is classified under NTEE code P20.
How many years of IRS 990 filings does Shanes Place have?
Shanes Place has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.0M in total revenue.
Filing History
IRS 990 filing history for Shanes Place showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2016–2017), Shanes Place's revenue has grown by 81.7%, moving from $1.1M to $2.0M. Total assets increased by 14.7% over the same period, from $64K to $73K. Total functional expenses rose by 108.3%, from $1.1M to $2.2M. In its most recent filing year (2017), Shanes Place reported a deficit of $196K, with expenses exceeding revenue. The organization holds $494K in liabilities against $73K in assets (debt-to-asset ratio: 673.8%), resulting in net assets of $-420,276.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $2.0M | $2.2M | $73K | $494K | — | — |
| 2016 | $1.1M | $1.1M | $64K | $20K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shanes Place:
Data Sources and Methodology
This transparency report for Shanes Place 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.