Side By Side Incorporated
EIN: 260573831 · Laurel, MD · NTEE: B94
| Metric | Value |
|---|---|
| Total Revenue | $88K |
| Total Expenses | $115K |
| Net Assets | $74K |
Is Side By Side Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Side By Side Incorporated
Side By Side Incorporated (EIN: 260573831) is a nonprofit organization based in Laurel, MD, classified under NTEE code B94. The organization reported total revenue of $88K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Side By Side Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Side By Side Incorporated is a micro nonprofit that has been operating for 17 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $122K |
| Total Expenses | $115K |
| Surplus / Deficit | +$8K |
| Total Assets | $101K |
| Total Liabilities | $27K |
| Net Assets | $74K |
| Operating Margin | 6.3% |
| Debt-to-Asset Ratio | 26.3% |
| Months of Reserves | 10.6 months |
Financial Health Grade: A
In 2023, Side By Side Incorporated reported a surplus of $8K with revenue exceeding expenses, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 26.3% (moderate leverage).
Financial Trends
Over 11 years of filings (2012–2023), Side By Side Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.7% | -4.3% | +39.1% |
| 2022 | -31.4% | -40.8% | -42.8% |
| 2020 | +54.2% | +23.3% | +119.6% |
| 2019 | +1.4% | +5.7% | -4.7% |
| 2018 | +3.9% | +8.9% | +42.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Side By Side Incorporated 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 Side By Side Incorporated 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 $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.3%.
Frequently Asked Questions about Side By Side Incorporated
Is Side By Side Incorporated a legitimate charity?
Side By Side Incorporated (EIN: 260573831) is a registered tax-exempt nonprofit based in Maryland. It has 11 years of IRS 990 filings on record. Total revenue: $88K. No red flags identified. Financial health grade: A.
How does Side By Side Incorporated spend its money?
Side By Side Incorporated reported $88K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Side By Side Incorporated tax-deductible?
Side By Side Incorporated is registered as a tax-exempt nonprofit (EIN: 260573831). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Side By Side Incorporated located?
Side By Side Incorporated is headquartered in Laurel, Maryland and files with the IRS under EIN 260573831. It is classified under NTEE code B94.
How many years of IRS 990 filings does Side By Side Incorporated have?
Side By Side Incorporated has 11 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 $88K in total revenue.
Filing History
IRS 990 filing history for Side By Side Incorporated showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Side By Side Incorporated's revenue has grown by 160.5%, moving from $47K to $122K. Total assets increased by 988.5% over the same period, from $9K to $101K. Total functional expenses rose by 127.9%, from $50K to $115K. In its most recent filing year (2023), Side By Side Incorporated reported a surplus of $8K, with revenue exceeding expenses. The organization holds $27K in liabilities against $101K in assets (debt-to-asset ratio: 26.3%), resulting in net assets of $74K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $122K | $115K | $101K | $27K | — | View 990 |
| 2022 | $184K | $120K | $73K | $6K | — | View 990 |
| 2020 | $269K | $202K | $127K | $7K | — | — |
| 2019 | $174K | $164K | $58K | $5K | — | View 990 |
| 2018 | $172K | $155K | $61K | $3K | — | View 990 |
| 2017 | $165K | $142K | $43K | $1K | — | View 990 |
| 2016 | $133K | $156K | $6K | $0 | — | View 990 |
| 2015 | $133K | $150K | $29K | $0 | — | View 990 |
| 2014 | $133K | $108K | $46K | $0 | — | View 990 |
| 2013 | $75K | $62K | $22K | $0 | — | View 990 |
| 2012 | $47K | $50K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $122K, expenses of $115K, and assets of $101K (revenue -33.7% year-over-year).
- 2022: Revenue of $184K, expenses of $120K, and assets of $73K (revenue -31.4% year-over-year).
- 2020: Revenue of $269K, expenses of $202K, and assets of $127K (revenue +54.2% year-over-year).
- 2019: Revenue of $174K, expenses of $164K, and assets of $58K (revenue +1.4% year-over-year).
- 2018: Revenue of $172K, expenses of $155K, and assets of $61K (revenue +3.9% year-over-year).
- 2017: Revenue of $165K, expenses of $142K, and assets of $43K (revenue +24.5% year-over-year).
- 2016: Revenue of $133K, expenses of $156K, and assets of $6K (revenue -0.2% year-over-year).
- 2015: Revenue of $133K, expenses of $150K, and assets of $29K (revenue +0.3% year-over-year).
- 2014: Revenue of $133K, expenses of $108K, and assets of $46K (revenue +77.4% year-over-year).
- 2013: Revenue of $75K, expenses of $62K, and assets of $22K (revenue +59.3% year-over-year).
- 2012: Revenue of $47K, expenses of $50K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Side By Side Incorporated:
Data Sources and Methodology
This transparency report for Side By Side Incorporated 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.