Shop Class Foundation Inc
EIN: 884151703 · Henderson, NV · NTEE: B30
| Metric | Value |
|---|---|
| Total Revenue | $142K |
| Total Expenses | $31K |
| Net Assets | $9K |
Is Shop Class Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shop Class Foundation Inc
Shop Class Foundation Inc (EIN: 884151703) is a nonprofit organization based in Henderson, NV, classified under NTEE code B30. The organization reported total revenue of $142K and total assets of $89K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shop Class Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shop Class Foundation Inc is a small nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $40K |
| Total Expenses | $31K |
| Surplus / Deficit | +$9K |
| Total Assets | $11K |
| Total Liabilities | $2K |
| Net Assets | $9K |
| Operating Margin | 23.2% |
| Debt-to-Asset Ratio | 18.2% |
| Months of Reserves | 4.4 months |
Financial Health Grade: A
In 2023, Shop Class Foundation Inc reported a surplus of $9K with revenue exceeding expenses, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 18.2% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shop Class Foundation 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 Shop Class Foundation 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 surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.2%.
Frequently Asked Questions about Shop Class Foundation Inc
Is Shop Class Foundation Inc a legitimate charity?
Shop Class Foundation Inc (EIN: 884151703) is a registered tax-exempt nonprofit based in Nevada. It has 2 years of IRS 990 filings on record. Total revenue: $142K. No red flags identified. Financial health grade: A.
How does Shop Class Foundation Inc spend its money?
Shop Class Foundation Inc reported $142K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Shop Class Foundation Inc tax-deductible?
Shop Class Foundation Inc is registered as a tax-exempt nonprofit (EIN: 884151703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shop Class Foundation Inc located?
Shop Class Foundation Inc is headquartered in Henderson, Nevada and files with the IRS under EIN 884151703. It is classified under NTEE code B30.
How many years of IRS 990 filings does Shop Class Foundation Inc have?
Shop Class Foundation Inc 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 $142K in total revenue.
Filing History
IRS 990 filing history for Shop Class Foundation Inc showing financial trends over 2 years of public records:
Total assets increased by 1129200% over the same period, from $1 to $11K. In its most recent filing year (2023), Shop Class Foundation Inc reported a surplus of $9K, with revenue exceeding expenses. The organization holds $2K in liabilities against $11K in assets (debt-to-asset ratio: 18.2%), resulting in net assets of $9K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $40K | $31K | $11K | $2K | — | — |
| 2022 | $0 | $0 | $1 | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shop Class Foundation Inc:
Data Sources and Methodology
This transparency report for Shop Class Foundation 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.