Simple Changes Inc
Simple Changes Inc. shows asset growth and no reported officer compensation, but has faced recent operating deficits.
EIN: 202045973 · Mason Neck, VA · NTEE: P80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $515K |
| Total Expenses | $500K |
| Program Spending | 85% |
| Net Assets | $118K |
| Transparency Score | 80/100 |
Is Simple Changes Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Simple Changes Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Simple Changes Inc
Simple Changes Inc (EIN: 202045973) is a nonprofit organization based in Mason Neck, VA, classified under NTEE code P80. The organization reported total revenue of $515K and total assets of $314K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Simple Changes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Simple Changes Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). 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 | $483K |
| Total Expenses | $500K |
| Surplus / Deficit | $-16,427 |
| Total Assets | $209K |
| Total Liabilities | $91K |
| Net Assets | $118K |
| Operating Margin | -3.4% |
| Debt-to-Asset Ratio | 43.7% |
| Months of Reserves | 5.0 months |
Financial Health Grade: B
In 2023, Simple Changes Inc reported a deficit of $16K with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 43.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Simple Changes Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.2% | +10.9% | +19.8% |
| 2022 | +6.7% | +19.0% | +23.2% |
| 2021 | -19.7% | +18.3% | +24.4% |
| 2020 | +140.0% | +49.4% | +114.2% |
| 2019 | -9.0% | +11.1% | -17.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Simple Changes Inc with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Simple Changes Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.7%.
Executive Compensation Analysis
Simple Changes Inc. has consistently reported 0% officer compensation across all available IRS 990 filings, indicating that either executive roles are entirely volunteer-based or compensation levels are below the IRS reporting threshold, which suggests a high dedication of resources to the organization's mission rather than administrative salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Simple Changes Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $16,427 in 2023, $41,818 in 2022) indicate expenses exceeding revenue.
- Liabilities have increased significantly from $6,450 in 2014 to $91,096 in 2023, which warrants monitoring.
Strengths
The following positive indicators were identified for Simple Changes Inc:
- No reported officer compensation across all filings, suggesting high dedication of resources to mission.
- Significant growth in assets from $25,697 in 2014 to $313,718 currently, indicating increasing capacity.
- Substantial revenue growth over the past decade, from $165,058 in 2014 to over $500,000 currently.
- Consistent filing of IRS 990s for 13 periods demonstrates transparency and compliance.
Frequently Asked Questions about Simple Changes Inc
Is Simple Changes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Simple Changes Inc (EIN: 202045973) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does Simple Changes Inc spend its money?
Simple Changes Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Simple Changes Inc tax-deductible?
Simple Changes Inc is registered as a tax-exempt nonprofit (EIN: 202045973). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Simple Changes Inc's spending goes to programs?
Simple Changes Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Simple Changes Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Simple Changes Inc is above average for NTEE category P80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Simple Changes Inc located?
Simple Changes Inc is headquartered in Mason Neck, Virginia and files with the IRS under EIN 202045973. It is classified under NTEE code P80.
How many years of IRS 990 filings does Simple Changes Inc have?
Simple Changes Inc has 13 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 $515K in total revenue.
Is Simple Changes Inc. financially stable?
While Simple Changes Inc. has shown significant asset growth from $25,697 in 2014 to $313,718 currently, it has experienced operating deficits in recent years, such as $16,427 in 2023 and $41,818 in 2022. This suggests a need for improved financial management to ensure long-term stability despite growing revenue.
How does Simple Changes Inc. spend its money?
Based on the consistent lack of reported officer compensation and the nature of a nonprofit, it's highly probable that the vast majority of expenses are directed towards program services. While specific program vs. admin vs. fundraising breakdowns aren't provided in the summary, the absence of executive salaries implies a strong program focus.
What is the trend of Simple Changes Inc.'s revenue and expenses?
Simple Changes Inc. has seen substantial revenue growth, from $165,058 in 2014 to $483,115 in 2023 (and $514,965 latest reported). Expenses have also grown, from $191,109 in 2014 to $499,542 in 2023, often outpacing revenue in recent years, leading to deficits.
Does Simple Changes Inc. pay its executives?
According to all available IRS 990 filings from 2014 to 2023, Simple Changes Inc. has reported 0% officer compensation, indicating that no officers received reportable compensation during these periods.
Has Simple Changes Inc. been growing?
Yes, Simple Changes Inc. has demonstrated significant growth in both revenue (from $165,058 in 2014 to over $500,000 currently) and assets (from $25,697 in 2014 to $313,718 currently), indicating an expanding scale of operations over the past decade.
Filing History
IRS 990 filing history for Simple Changes Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Simple Changes Inc's revenue has grown by 183.7%, moving from $170K to $483K. Total assets increased by 308.3% over the same period, from $51K to $209K. Total functional expenses rose by 200.4%, from $166K to $500K. In its most recent filing year (2023), Simple Changes Inc reported a deficit of $16K, with expenses exceeding revenue. The organization holds $91K in liabilities against $209K in assets (debt-to-asset ratio: 43.7%), resulting in net assets of $118K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $483K | $500K | $209K | $91K | — | View 990 |
| 2022 | $409K | $451K | $174K | $88K | — | — |
| 2021 | $383K | $379K | $141K | $51K | — | View 990 |
| 2020 | $477K | $320K | $114K | $33K | — | View 990 |
| 2019 | $199K | $214K | $53K | $0 | — | View 990 |
| 2018 | $219K | $193K | $64K | $11K | — | View 990 |
| 2017 | $205K | $213K | $38K | $11K | — | View 990 |
| 2016 | $174K | $183K | $41K | $6K | — | View 990 |
| 2015 | $200K | $181K | $45K | $1K | — | View 990 |
| 2014 | $165K | $191K | $26K | $6K | — | View 990 |
| 2013 | $190K | $176K | $46K | $444 | — | View 990 |
| 2012 | $161K | $180K | $32K | $50 | — | View 990 |
| 2011 | $170K | $166K | $51K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $483K, expenses of $500K, and assets of $209K (revenue +18.2% year-over-year).
- 2022: Revenue of $409K, expenses of $451K, and assets of $174K (revenue +6.7% year-over-year).
- 2021: Revenue of $383K, expenses of $379K, and assets of $141K (revenue -19.7% year-over-year).
- 2020: Revenue of $477K, expenses of $320K, and assets of $114K (revenue +140.0% year-over-year).
- 2019: Revenue of $199K, expenses of $214K, and assets of $53K (revenue -9.0% year-over-year).
- 2018: Revenue of $219K, expenses of $193K, and assets of $64K (revenue +6.9% year-over-year).
- 2017: Revenue of $205K, expenses of $213K, and assets of $38K (revenue +17.6% year-over-year).
- 2016: Revenue of $174K, expenses of $183K, and assets of $41K (revenue -12.8% year-over-year).
- 2015: Revenue of $200K, expenses of $181K, and assets of $45K (revenue +20.9% year-over-year).
- 2014: Revenue of $165K, expenses of $191K, and assets of $26K (revenue -13.0% year-over-year).
- 2013: Revenue of $190K, expenses of $176K, and assets of $46K (revenue +17.7% year-over-year).
- 2012: Revenue of $161K, expenses of $180K, and assets of $32K (revenue -5.3% year-over-year).
- 2011: Revenue of $170K, expenses of $166K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Simple Changes Inc:
Data Sources and Methodology
This transparency report for Simple Changes 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.