Speaking Out Collective
EIN: 842290474 · Minneapolis, MN · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $460K |
| Total Expenses | $328K |
| Net Assets | $19K |
Is Speaking Out Collective Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Speaking Out Collective
Speaking Out Collective (EIN: 842290474) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code A60. The organization reported total revenue of $460K and total assets of $148K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Speaking Out Collective's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Speaking Out Collective is a small nonprofit that has been operating for 5 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 144.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $329K |
| Total Expenses | $328K |
| Surplus / Deficit | +$147 |
| Total Assets | $212K |
| Total Liabilities | $193K |
| Net Assets | $19K |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 90.9% |
| Months of Reserves | 7.7 months |
Financial Health Grade: B
In 2023, Speaking Out Collective reported a surplus of $147 with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 90.9% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Speaking Out Collective's revenue has grown at a compound annual growth rate (CAGR) of 144.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +144.4% | +153.5% | +28.5% |
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 Speaking Out Collective 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 Out Collective 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 $147, with revenue exceeding expenses.
- Debt-to-asset ratio: 90.9%.
Frequently Asked Questions about Speaking Out Collective
Is Speaking Out Collective a legitimate charity?
Based on AI analysis of IRS 990 filings, Speaking Out Collective (EIN: 842290474) insufficient data. 0 red flags identified, 0 strengths noted.
How does Speaking Out Collective spend its money?
Detailed spending breakdown data is not yet available for Speaking Out Collective. Check back for updated IRS 990 analysis.
Are donations to Speaking Out Collective tax-deductible?
Speaking Out Collective is registered as a tax-exempt nonprofit (EIN: 842290474). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Speaking Out Collective located?
Speaking Out Collective is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 842290474. It is classified under NTEE code A60.
How many years of IRS 990 filings does Speaking Out Collective have?
Speaking Out Collective has 2 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 $460K in total revenue.
Filing History
IRS 990 filing history for Speaking Out Collective showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Speaking Out Collective's revenue has grown by 144.4%, moving from $134K to $329K. Total assets increased by 28.5% over the same period, from $165K to $212K. Total functional expenses rose by 153.5%, from $130K to $328K. In its most recent filing year (2023), Speaking Out Collective reported a surplus of $147, with revenue exceeding expenses. The organization holds $193K in liabilities against $212K in assets (debt-to-asset ratio: 90.9%), resulting in net assets of $19K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $329K | $328K | $212K | $193K | — | View 990 |
| 2022 | $134K | $130K | $165K | $154K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Speaking Out Collective:
Data Sources and Methodology
This transparency report for Speaking Out Collective 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.