Shower Power Inc
EIN: 833484659 · Jackson, MS · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $408K |
| Total Expenses | $251K |
| Net Assets | $732K |
Is Shower Power Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shower Power Inc
Shower Power Inc (EIN: 833484659) is a nonprofit organization based in Jackson, MS, classified under NTEE code P99. The organization reported total revenue of $408K and total assets of $860K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shower Power Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shower Power Inc is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 34.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $423K |
| Total Expenses | $251K |
| Surplus / Deficit | +$172K |
| Total Assets | $733K |
| Total Liabilities | $467 |
| Net Assets | $732K |
| Operating Margin | 40.7% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 35.0 months |
Financial Health Grade: A
In 2023, Shower Power Inc reported a surplus of $172K with revenue exceeding expenses, holds 35.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Shower Power Inc's revenue has grown at a compound annual growth rate (CAGR) of 34.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.6% | -27.4% | +30.6% |
| 2022 | -13.1% | +7.5% | +40.4% |
| 2021 | +234.7% | +518.8% | +192.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shower Power 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 Shower Power 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 $172K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Shower Power Inc
Is Shower Power Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shower Power Inc (EIN: 833484659) insufficient data. 0 red flags identified, 0 strengths noted.
How does Shower Power Inc spend its money?
Detailed spending breakdown data is not yet available for Shower Power Inc. Check back for updated IRS 990 analysis.
Are donations to Shower Power Inc tax-deductible?
Shower Power Inc is registered as a tax-exempt nonprofit (EIN: 833484659). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shower Power Inc located?
Shower Power Inc is headquartered in Jackson, Mississippi and files with the IRS under EIN 833484659. It is classified under NTEE code P99.
How many years of IRS 990 filings does Shower Power Inc have?
Shower Power Inc has 4 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 $408K in total revenue.
Filing History
IRS 990 filing history for Shower Power Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Shower Power Inc's revenue has grown by 142.7%, moving from $174K to $423K. Total assets increased by 437.1% over the same period, from $136K to $733K. Total functional expenses rose by 383.1%, from $52K to $251K. In its most recent filing year (2023), Shower Power Inc reported a surplus of $172K, with revenue exceeding expenses. The organization holds $467 in liabilities against $733K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $732K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $423K | $251K | $733K | $467 | — | — |
| 2022 | $507K | $346K | $561K | $1K | — | — |
| 2021 | $584K | $322K | $400K | $1K | — | View 990 |
| 2020 | $174K | $52K | $136K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $423K, expenses of $251K, and assets of $733K (revenue -16.6% year-over-year).
- 2022: Revenue of $507K, expenses of $346K, and assets of $561K (revenue -13.1% year-over-year).
- 2021: Revenue of $584K, expenses of $322K, and assets of $400K (revenue +234.7% year-over-year).
- 2020: Revenue of $174K, expenses of $52K, and assets of $136K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shower Power Inc:
Data Sources and Methodology
This transparency report for Shower Power 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.