Sogya Inc
EIN: 841784691 · Fort Belvoir, VA · NTEE: Q35
| Metric | Value |
|---|---|
| Total Revenue | $199K |
| Total Expenses | $381K |
| Net Assets | $0 |
Is Sogya Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sogya Inc
Sogya Inc (EIN: 841784691) is a nonprofit organization based in Fort Belvoir, VA, classified under NTEE code Q35. The organization reported total revenue of $199K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sogya Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sogya Inc is a small nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 38.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $314K |
| Total Expenses | $381K |
| Surplus / Deficit | $-67,104 |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | -21.4% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2023, Sogya Inc reported a deficit of $67K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Sogya Inc's revenue has grown at a compound annual growth rate (CAGR) of 38.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +101.9% | +52.1% | -100.0% |
| 2022 | -48.1% | +198.7% | -46.1% |
| 2021 | +152.7% | +5805.6% | +95.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sogya 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 Sogya 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 $67K, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Sogya Inc
Is Sogya Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sogya Inc (EIN: 841784691) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sogya Inc spend its money?
Detailed spending breakdown data is not yet available for Sogya Inc. Check back for updated IRS 990 analysis.
Are donations to Sogya Inc tax-deductible?
Sogya Inc is registered as a tax-exempt nonprofit (EIN: 841784691). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sogya Inc located?
Sogya Inc is headquartered in Fort Belvoir, Virginia and files with the IRS under EIN 841784691. It is classified under NTEE code Q35.
How many years of IRS 990 filings does Sogya Inc have?
Sogya 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 $199K in total revenue.
Filing History
IRS 990 filing history for Sogya Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Sogya Inc's revenue has grown by 164.9%, moving from $118K to $314K. Total assets decreased by 100% over the same period, from $117K to $1. Total functional expenses rose by 26728%, from $1K to $381K. In its most recent filing year (2023), Sogya Inc reported a deficit of $67K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $314K | $381K | $1 | $1 | — | View 990 |
| 2022 | $155K | $250K | $123K | $1 | — | View 990 |
| 2021 | $299K | $84K | $228K | $0 | — | View 990 |
| 2020 | $118K | $1K | $117K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $314K, expenses of $381K, and assets of $1 (revenue +101.9% year-over-year).
- 2022: Revenue of $155K, expenses of $250K, and assets of $123K (revenue -48.1% year-over-year).
- 2021: Revenue of $299K, expenses of $84K, and assets of $228K (revenue +152.7% year-over-year).
- 2020: Revenue of $118K, expenses of $1K, and assets of $117K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sogya Inc:
Data Sources and Methodology
This transparency report for Sogya 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.