Tail Wags & Book Bags
EIN: 471952169 · Washington, DC · NTEE: D60
| Metric | Value |
|---|---|
| Total Revenue | $106K |
| Total Expenses | $92K |
| Net Assets | $23K |
Is Tail Wags & Book Bags Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tail Wags & Book Bags
Tail Wags & Book Bags (EIN: 471952169) is a nonprofit organization based in Washington, DC, classified under NTEE code D60. The organization reported total revenue of $106K and total assets of $27K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tail Wags & Book Bags's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tail Wags & Book Bags is a small nonprofit that has been operating for 12 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $99K |
| Total Expenses | $92K |
| Surplus / Deficit | +$7K |
| Total Assets | $24K |
| Total Liabilities | $163 |
| Net Assets | $23K |
| Operating Margin | 7.4% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 3.1 months |
Financial Health Grade: A
In 2023, Tail Wags & Book Bags reported a surplus of $7K with revenue exceeding expenses, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Tail Wags & Book Bags's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.8% | -3.8% | +41.8% |
| 2022 | +4.4% | +16.4% | +11.5% |
| 2021 | +29.3% | -7.2% | -27.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tail Wags & Book Bags 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 Tail Wags & Book Bags 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 $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Frequently Asked Questions about Tail Wags & Book Bags
Is Tail Wags & Book Bags a legitimate charity?
Tail Wags & Book Bags (EIN: 471952169) is a registered tax-exempt nonprofit based in Washington DC. It has 4 years of IRS 990 filings on record. Total revenue: $106K. No red flags identified. Financial health grade: A.
How does Tail Wags & Book Bags spend its money?
Tail Wags & Book Bags reported $106K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tail Wags & Book Bags tax-deductible?
Tail Wags & Book Bags is registered as a tax-exempt nonprofit (EIN: 471952169). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tail Wags & Book Bags located?
Tail Wags & Book Bags is headquartered in Washington, Washington DC and files with the IRS under EIN 471952169. It is classified under NTEE code D60.
How many years of IRS 990 filings does Tail Wags & Book Bags have?
Tail Wags & Book Bags 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 $106K in total revenue.
Filing History
IRS 990 filing history for Tail Wags & Book Bags showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Tail Wags & Book Bags's revenue has grown by 38.7%, moving from $72K to $99K. Total assets increased by 15% over the same period, from $21K to $24K. Total functional expenses rose by 4%, from $89K to $92K. In its most recent filing year (2023), Tail Wags & Book Bags reported a surplus of $7K, with revenue exceeding expenses. The organization holds $163 in liabilities against $24K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $23K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $99K | $92K | $24K | $163 | — | — |
| 2022 | $97K | $96K | $17K | $386 | — | View 990 |
| 2021 | $93K | $82K | $15K | $101 | — | View 990 |
| 2020 | $72K | $89K | $21K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $99K, expenses of $92K, and assets of $24K (revenue +2.8% year-over-year).
- 2022: Revenue of $97K, expenses of $96K, and assets of $17K (revenue +4.4% year-over-year).
- 2021: Revenue of $93K, expenses of $82K, and assets of $15K (revenue +29.3% year-over-year).
- 2020: Revenue of $72K, expenses of $89K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tail Wags & Book Bags:
Data Sources and Methodology
This transparency report for Tail Wags & Book Bags 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.