Talbot Interfaith Shelter Inc
EIN: 264629046 · Easton, MD · NTEE: L99
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.0M |
| Net Assets | $1.4M |
Is Talbot Interfaith Shelter Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Talbot Interfaith Shelter Inc
Talbot Interfaith Shelter Inc (EIN: 264629046) is a nonprofit organization based in Easton, MD, classified under NTEE code L99. The organization reported total revenue of $1.4M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Talbot Interfaith Shelter Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Talbot Interfaith Shelter Inc is a mid-size nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 30.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$114K |
| Total Assets | $2.2M |
| Total Liabilities | $768K |
| Net Assets | $1.4M |
| Operating Margin | 10.0% |
| Debt-to-Asset Ratio | 35.4% |
| Months of Reserves | 25.5 months |
Financial Health Grade: A
In 2023, Talbot Interfaith Shelter Inc reported a surplus of $114K with revenue exceeding expenses, holds 25.5 months of operating reserves (strong position), has a debt-to-asset ratio of 35.4% (moderate leverage).
Financial Trends
Over 7 years of filings (2016–2023), Talbot Interfaith Shelter Inc's revenue has grown at a compound annual growth rate (CAGR) of 30.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.2% | +26.7% | +7.9% |
| 2022 | -11.0% | +39.1% | +4.7% |
| 2021 | +90.7% | +46.7% | +117.5% |
| 2020 | +29.9% | +12.5% | +27.4% |
| 2019 | -16.8% | +60.8% | +5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Talbot Interfaith Shelter Inc 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 Talbot Interfaith Shelter Inc 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 $114K, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.4%.
Frequently Asked Questions about Talbot Interfaith Shelter Inc
Is Talbot Interfaith Shelter Inc a legitimate charity?
Talbot Interfaith Shelter Inc (EIN: 264629046) is a registered tax-exempt nonprofit based in Maryland. It has 7 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. Financial health grade: A.
How does Talbot Interfaith Shelter Inc spend its money?
Talbot Interfaith Shelter Inc reported $1.4M in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Talbot Interfaith Shelter Inc tax-deductible?
Talbot Interfaith Shelter Inc is registered as a tax-exempt nonprofit (EIN: 264629046). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Talbot Interfaith Shelter Inc located?
Talbot Interfaith Shelter Inc is headquartered in Easton, Maryland and files with the IRS under EIN 264629046. It is classified under NTEE code L99.
How many years of IRS 990 filings does Talbot Interfaith Shelter Inc have?
Talbot Interfaith Shelter Inc has 7 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Talbot Interfaith Shelter Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2023), Talbot Interfaith Shelter Inc's revenue has grown by 551.9%, moving from $174K to $1.1M. Total assets increased by 4858.8% over the same period, from $44K to $2.2M. Total functional expenses rose by 408.6%, from $201K to $1.0M. In its most recent filing year (2023), Talbot Interfaith Shelter Inc reported a surplus of $114K, with revenue exceeding expenses. The organization holds $768K in liabilities against $2.2M in assets (debt-to-asset ratio: 35.4%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.0M | $2.2M | $768K | — | — |
| 2022 | $969K | $806K | $2.0M | $795K | — | View 990 |
| 2021 | $1.1M | $580K | $1.9M | $825K | — | View 990 |
| 2020 | $571K | $395K | $884K | $296K | — | View 990 |
| 2019 | $439K | $351K | $694K | $282K | — | View 990 |
| 2017 | $528K | $218K | $656K | $296K | — | View 990 |
| 2016 | $174K | $201K | $44K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.0M, and assets of $2.2M (revenue +17.2% year-over-year).
- 2022: Revenue of $969K, expenses of $806K, and assets of $2.0M (revenue -11.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $580K, and assets of $1.9M (revenue +90.7% year-over-year).
- 2020: Revenue of $571K, expenses of $395K, and assets of $884K (revenue +29.9% year-over-year).
- 2019: Revenue of $439K, expenses of $351K, and assets of $694K (revenue -16.8% year-over-year).
- 2017: Revenue of $528K, expenses of $218K, and assets of $656K (revenue +203.3% year-over-year).
- 2016: Revenue of $174K, expenses of $201K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Talbot Interfaith Shelter Inc:
Data Sources and Methodology
This transparency report for Talbot Interfaith Shelter Inc 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.