Speaking Down Barriers
EIN: 474421330 · Spartanburg, SC · NTEE: R30
| Metric | Value |
|---|---|
| Total Revenue | $186K |
| Total Expenses | $247K |
| Net Assets | $83K |
Is Speaking Down Barriers Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Speaking Down Barriers
Speaking Down Barriers (EIN: 474421330) is a nonprofit organization based in Spartanburg, SC, classified under NTEE code R30. The organization reported total revenue of $186K and total assets of $55K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Speaking Down Barriers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Speaking Down Barriers is a small nonprofit that has been operating for 11 years, with 6 years of IRS 990 filings on record (2016–2022). Revenue has grown at a compound annual rate of 19.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $241K |
| Total Expenses | $247K |
| Surplus / Deficit | $-6,120 |
| Total Assets | $88K |
| Total Liabilities | $5K |
| Net Assets | $83K |
| Operating Margin | -2.5% |
| Debt-to-Asset Ratio | 6.1% |
| Months of Reserves | 4.3 months |
Financial Health Grade: B
In 2022, Speaking Down Barriers reported a deficit of $6K with expenses exceeding revenue, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 6.1% (very low leverage).
Financial Trends
Over 6 years of filings (2016–2022), Speaking Down Barriers's revenue has grown at a compound annual growth rate (CAGR) of 19.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +2.5% | +278.3% | -60.7% |
| 2021 | +1.7% | -65.8% | +298.2% |
| 2020 | +92.7% | +38.7% | +235.4% |
| 2019 | -9.9% | +25.9% | -51.3% |
| 2018 | +56.7% | +59.1% | +45.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Speaking Down Barriers 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 Speaking Down Barriers 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.1%.
Frequently Asked Questions about Speaking Down Barriers
Is Speaking Down Barriers a legitimate charity?
Based on AI analysis of IRS 990 filings, Speaking Down Barriers (EIN: 474421330) insufficient data. 0 red flags identified, 0 strengths noted.
How does Speaking Down Barriers spend its money?
Detailed spending breakdown data is not yet available for Speaking Down Barriers. Check back for updated IRS 990 analysis.
Are donations to Speaking Down Barriers tax-deductible?
Speaking Down Barriers is registered as a tax-exempt nonprofit (EIN: 474421330). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Speaking Down Barriers located?
Speaking Down Barriers is headquartered in Spartanburg, South Carolina and files with the IRS under EIN 474421330. It is classified under NTEE code R30.
How many years of IRS 990 filings does Speaking Down Barriers have?
Speaking Down Barriers has 6 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 $186K in total revenue.
Filing History
IRS 990 filing history for Speaking Down Barriers showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2016–2022), Speaking Down Barriers's revenue has grown by 183.9%, moving from $85K to $241K. Total assets increased by 272.7% over the same period, from $24K to $88K. Total functional expenses rose by 259.7%, from $69K to $247K. In its most recent filing year (2022), Speaking Down Barriers reported a deficit of $6K, with expenses exceeding revenue. The organization holds $5K in liabilities against $88K in assets (debt-to-asset ratio: 6.1%), resulting in net assets of $83K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $241K | $247K | $88K | $5K | — | View 990 |
| 2021 | $235K | $65K | $224K | $0 | — | View 990 |
| 2020 | $231K | $191K | $56K | $2K | — | — |
| 2019 | $120K | $138K | $17K | $0 | — | View 990 |
| 2018 | $133K | $109K | $34K | $0 | — | View 990 |
| 2016 | $85K | $69K | $24K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $241K, expenses of $247K, and assets of $88K (revenue +2.5% year-over-year).
- 2021: Revenue of $235K, expenses of $65K, and assets of $224K (revenue +1.7% year-over-year).
- 2020: Revenue of $231K, expenses of $191K, and assets of $56K (revenue +92.7% year-over-year).
- 2019: Revenue of $120K, expenses of $138K, and assets of $17K (revenue -9.9% year-over-year).
- 2018: Revenue of $133K, expenses of $109K, and assets of $34K (revenue +56.7% year-over-year).
- 2016: Revenue of $85K, expenses of $69K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Speaking Down Barriers:
Data Sources and Methodology
This transparency report for Speaking Down Barriers 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.