Shield 616 Inc
EIN: 474347589 · Colorado Spgs, CO · NTEE: I60
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $2.7M |
| Net Assets | $1.4M |
Is Shield 616 Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shield 616 Inc
Shield 616 Inc (EIN: 474347589) is a nonprofit organization based in Colorado Spgs, CO, classified under NTEE code I60. The organization reported total revenue of $1.8M and total assets of $921K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shield 616 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shield 616 Inc is a mid-size nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 28.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.7M |
| Surplus / Deficit | $-123,295 |
| Total Assets | $1.5M |
| Total Liabilities | $62K |
| Net Assets | $1.4M |
| Operating Margin | -4.8% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 6.6 months |
Financial Health Grade: B
In 2023, Shield 616 Inc reported a deficit of $123K with expenses exceeding revenue, holds 6.6 months of operating reserves (strong position), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Shield 616 Inc's revenue has grown at a compound annual growth rate (CAGR) of 28.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.4% | +8.3% | -10.2% |
| 2022 | +0.8% | +41.4% | +8.9% |
| 2021 | +28.9% | -18.6% | +37.5% |
| 2020 | -50.0% | -51.2% | -23.3% |
| 2019 | +43.2% | +106.2% | +27.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shield 616 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 Shield 616 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $123K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.2%.
Frequently Asked Questions about Shield 616 Inc
Is Shield 616 Inc a legitimate charity?
Shield 616 Inc (EIN: 474347589) is a registered tax-exempt nonprofit based in Colorado. It has 8 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: B.
How does Shield 616 Inc spend its money?
Shield 616 Inc reported $1.8M in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Shield 616 Inc tax-deductible?
Shield 616 Inc is registered as a tax-exempt nonprofit (EIN: 474347589). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shield 616 Inc located?
Shield 616 Inc is headquartered in Colorado Spgs, Colorado and files with the IRS under EIN 474347589. It is classified under NTEE code I60.
How many years of IRS 990 filings does Shield 616 Inc have?
Shield 616 Inc 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Shield 616 Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Shield 616 Inc's revenue has grown by 478%, moving from $440K to $2.5M. Total functional expenses rose by 519.8%, from $430K to $2.7M. In its most recent filing year (2023), Shield 616 Inc reported a deficit of $123K, with expenses exceeding revenue. The organization holds $62K in liabilities against $1.5M in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.7M | $1.5M | $62K | — | — |
| 2022 | $2.6M | $2.5M | $1.6M | $103K | — | — |
| 2021 | $2.6M | $1.7M | $1.5M | $87K | — | View 990 |
| 2020 | $2.0M | $2.1M | $1.1M | $498K | — | View 990 |
| 2019 | $4.0M | $4.4M | $1.4M | $672K | — | View 990 |
| 2018 | $2.8M | $2.1M | $1.1M | $200K | — | View 990 |
| 2017 | $918K | $949K | $89K | $40K | — | View 990 |
| 2016 | $440K | $430K | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.7M, and assets of $1.5M (revenue -1.4% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.5M, and assets of $1.6M (revenue +0.8% year-over-year).
- 2021: Revenue of $2.6M, expenses of $1.7M, and assets of $1.5M (revenue +28.9% year-over-year).
- 2020: Revenue of $2.0M, expenses of $2.1M, and assets of $1.1M (revenue -50.0% year-over-year).
- 2019: Revenue of $4.0M, expenses of $4.4M, and assets of $1.4M (revenue +43.2% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.1M, and assets of $1.1M (revenue +201.9% year-over-year).
- 2017: Revenue of $918K, expenses of $949K, and assets of $89K (revenue +108.5% year-over-year).
- 2016: Revenue of $440K, expenses of $430K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shield 616 Inc:
Data Sources and Methodology
This transparency report for Shield 616 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.