Steam Onward Incorporated
EIN: 812599694 · Accokeek, MD · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $495K |
| Total Expenses | $158K |
| Net Assets | $135K |
Is Steam Onward Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Steam Onward Incorporated
Steam Onward Incorporated (EIN: 812599694) is a nonprofit organization based in Accokeek, MD, classified under NTEE code T30. The organization reported total revenue of $495K and total assets of $266K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Steam Onward Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Steam Onward Incorporated is a small nonprofit that has been operating for 9 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 101.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $298K |
| Total Expenses | $158K |
| Surplus / Deficit | +$140K |
| Total Assets | $135K |
| Net Assets | $135K |
| Operating Margin | 47.0% |
| Months of Reserves | 10.3 months |
Financial Health Grade: A
In 2023, Steam Onward Incorporated reported a surplus of $140K with revenue exceeding expenses, holds 10.3 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Steam Onward Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 101.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +138.6% | +23.2% | +339.6% |
| 2022 | +69.6% | +169.2% | -9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Steam Onward 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 Steam Onward 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 $140K, with revenue exceeding expenses.
Frequently Asked Questions about Steam Onward Incorporated
Is Steam Onward Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Steam Onward Incorporated (EIN: 812599694) insufficient data. 0 red flags identified, 0 strengths noted.
How does Steam Onward Incorporated spend its money?
Detailed spending breakdown data is not yet available for Steam Onward Incorporated. Check back for updated IRS 990 analysis.
Are donations to Steam Onward Incorporated tax-deductible?
Steam Onward Incorporated is registered as a tax-exempt nonprofit (EIN: 812599694). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Steam Onward Incorporated located?
Steam Onward Incorporated is headquartered in Accokeek, Maryland and files with the IRS under EIN 812599694. It is classified under NTEE code T30.
How many years of IRS 990 filings does Steam Onward Incorporated have?
Steam Onward Incorporated has 3 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 $495K in total revenue.
Filing History
IRS 990 filing history for Steam Onward Incorporated showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Steam Onward Incorporated's revenue has grown by 304.7%, moving from $74K to $298K. Total assets increased by 296.9% over the same period, from $34K to $135K. Total functional expenses rose by 231.5%, from $48K to $158K. In its most recent filing year (2023), Steam Onward Incorporated reported a surplus of $140K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $298K | $158K | $135K | $0 | — | View 990 |
| 2022 | $125K | $128K | $31K | $0 | — | View 990 |
| 2021 | $74K | $48K | $34K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $298K, expenses of $158K, and assets of $135K (revenue +138.6% year-over-year).
- 2022: Revenue of $125K, expenses of $128K, and assets of $31K (revenue +69.6% year-over-year).
- 2021: Revenue of $74K, expenses of $48K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Steam Onward Incorporated:
Data Sources and Methodology
This transparency report for Steam Onward 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.