Shelbys Way Inc
EIN: 463285898 · Lexington, KY · NTEE: F40
| Metric | Value |
|---|---|
| Total Revenue | $54K |
| Total Expenses | $25K |
| Net Assets | $20K |
Is Shelbys Way Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shelbys Way Inc
Shelbys Way Inc (EIN: 463285898) is a nonprofit organization based in Lexington, KY, classified under NTEE code F40. The organization reported total revenue of $54K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shelbys Way Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shelbys Way Inc is a micro nonprofit that has been operating for 1 years, with 6 years of IRS 990 filings on record (2015–2020). Revenue has grown at a compound annual rate of -20.1%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $25K |
| Surplus / Deficit | +$3K |
| Total Assets | $20K |
| Net Assets | $20K |
| Operating Margin | 9.6% |
| Months of Reserves | 9.4 months |
Financial Health Grade: A
In 2020, Shelbys Way Inc reported a surplus of $3K with revenue exceeding expenses, holds 9.4 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2015–2020), Shelbys Way Inc's revenue has declined at a compound annual growth rate (CAGR) of -20.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -23.7% | -10.1% | +17.2% |
| 2019 | +3.9% | -3.2% | +101.7% |
| 2018 | -49.0% | -61.2% | +282.5% |
| 2017 | -8.2% | -8.4% | -72.3% |
| 2016 | -12.3% | -0.7% | -44.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2025 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shelbys Way 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 Shelbys Way 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Frequently Asked Questions about Shelbys Way Inc
Is Shelbys Way Inc a legitimate charity?
Shelbys Way Inc (EIN: 463285898) is a registered tax-exempt nonprofit based in Kentucky. It has 6 years of IRS 990 filings on record. Total revenue: $54K. No red flags identified. Financial health grade: A.
How does Shelbys Way Inc spend its money?
Shelbys Way Inc reported $54K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Shelbys Way Inc tax-deductible?
Shelbys Way Inc is registered as a tax-exempt nonprofit (EIN: 463285898). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shelbys Way Inc located?
Shelbys Way Inc is headquartered in Lexington, Kentucky and files with the IRS under EIN 463285898. It is classified under NTEE code F40.
How many years of IRS 990 filings does Shelbys Way Inc have?
Shelbys Way Inc has 6 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 $54K in total revenue.
Filing History
IRS 990 filing history for Shelbys Way Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2020), Shelbys Way Inc's revenue has declined by 67.4%, moving from $85K to $28K. Total assets increased by 38.9% over the same period, from $14K to $20K. Total functional expenses fell by 69.3%, from $81K to $25K. In its most recent filing year (2020), Shelbys Way Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $28K | $25K | $20K | $0 | — | — |
| 2019 | $36K | $28K | $17K | $0 | — | View 990 |
| 2018 | $35K | $29K | $8K | $0 | — | View 990 |
| 2017 | $68K | $74K | $2K | $0 | — | View 990 |
| 2016 | $74K | $81K | $8K | $0 | — | View 990 |
| 2015 | $85K | $81K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $28K, expenses of $25K, and assets of $20K (revenue -23.7% year-over-year).
- 2019: Revenue of $36K, expenses of $28K, and assets of $17K (revenue +3.9% year-over-year).
- 2018: Revenue of $35K, expenses of $29K, and assets of $8K (revenue -49.0% year-over-year).
- 2017: Revenue of $68K, expenses of $74K, and assets of $2K (revenue -8.2% year-over-year).
- 2016: Revenue of $74K, expenses of $81K, and assets of $8K (revenue -12.3% year-over-year).
- 2015: Revenue of $85K, expenses of $81K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shelbys Way Inc:
Data Sources and Methodology
This transparency report for Shelbys Way 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.