Storefront For Community Design
EIN: 452644809 · Richmond, VA · NTEE: S31
| Metric | Value |
|---|---|
| Total Revenue | $459K |
| Total Expenses | $446K |
| Net Assets | $39K |
Is Storefront For Community Design Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Storefront For Community Design
Storefront For Community Design (EIN: 452644809) is a nonprofit organization based in Richmond, VA, classified under NTEE code S31. The organization reported total revenue of $459K and total assets of $155K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Storefront For Community Design's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Storefront For Community Design is a small nonprofit that has been operating for 13 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 21.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $435K |
| Total Expenses | $446K |
| Surplus / Deficit | $-10,870 |
| Total Assets | $44K |
| Total Liabilities | $5K |
| Net Assets | $39K |
| Operating Margin | -2.5% |
| Debt-to-Asset Ratio | 12.3% |
| Months of Reserves | 1.2 months |
Financial Health Grade: C
In 2023, Storefront For Community Design reported a deficit of $11K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 12.3% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Storefront For Community Design's revenue has grown at a compound annual growth rate (CAGR) of 21.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.3% | +51.3% | -23.0% |
| 2022 | +47.9% | +1.2% | +87.3% |
| 2021 | -28.9% | -8.4% | -69.4% |
| 2020 | +6.3% | -14.2% | +15.0% |
| 2019 | +0.6% | +9.2% | -37.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Storefront For Community Design 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 Storefront For Community Design 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 $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.3%.
Frequently Asked Questions about Storefront For Community Design
Is Storefront For Community Design a legitimate charity?
Storefront For Community Design (EIN: 452644809) is a registered tax-exempt nonprofit based in Virginia. It has 10 years of IRS 990 filings on record. Total revenue: $459K. No red flags identified. Financial health grade: C.
How does Storefront For Community Design spend its money?
Storefront For Community Design reported $459K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Storefront For Community Design tax-deductible?
Storefront For Community Design is registered as a tax-exempt nonprofit (EIN: 452644809). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Storefront For Community Design located?
Storefront For Community Design is headquartered in Richmond, Virginia and files with the IRS under EIN 452644809. It is classified under NTEE code S31.
How many years of IRS 990 filings does Storefront For Community Design have?
Storefront For Community Design has 10 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 $459K in total revenue.
Filing History
IRS 990 filing history for Storefront For Community Design showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Storefront For Community Design's revenue has grown by 469%, moving from $76K to $435K. Total assets increased by 77% over the same period, from $25K to $44K. Total functional expenses rose by 556.8%, from $68K to $446K. In its most recent filing year (2023), Storefront For Community Design reported a deficit of $11K, with expenses exceeding revenue. The organization holds $5K in liabilities against $44K in assets (debt-to-asset ratio: 12.3%), resulting in net assets of $39K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $435K | $446K | $44K | $5K | — | — |
| 2022 | $342K | $295K | $58K | $8K | — | View 990 |
| 2021 | $231K | $291K | $31K | $28K | — | — |
| 2020 | $325K | $318K | $101K | $38K | — | View 990 |
| 2019 | $306K | $370K | $88K | $32K | — | View 990 |
| 2018 | $304K | $339K | $141K | $21K | — | View 990 |
| 2017 | $264K | $152K | $169K | $14K | — | View 990 |
| 2016 | $151K | $156K | $52K | $9K | — | View 990 |
| 2015 | $163K | $141K | $48K | $1K | — | View 990 |
| 2014 | $76K | $68K | $25K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $435K, expenses of $446K, and assets of $44K (revenue +27.3% year-over-year).
- 2022: Revenue of $342K, expenses of $295K, and assets of $58K (revenue +47.9% year-over-year).
- 2021: Revenue of $231K, expenses of $291K, and assets of $31K (revenue -28.9% year-over-year).
- 2020: Revenue of $325K, expenses of $318K, and assets of $101K (revenue +6.3% year-over-year).
- 2019: Revenue of $306K, expenses of $370K, and assets of $88K (revenue +0.6% year-over-year).
- 2018: Revenue of $304K, expenses of $339K, and assets of $141K (revenue +15.1% year-over-year).
- 2017: Revenue of $264K, expenses of $152K, and assets of $169K (revenue +74.9% year-over-year).
- 2016: Revenue of $151K, expenses of $156K, and assets of $52K (revenue -7.6% year-over-year).
- 2015: Revenue of $163K, expenses of $141K, and assets of $48K (revenue +113.7% year-over-year).
- 2014: Revenue of $76K, expenses of $68K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Storefront For Community Design:
Data Sources and Methodology
This transparency report for Storefront For Community Design 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.