Talent Beyond Boundaries Inc
EIN: 811936850 · Washington, DC · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $2.3M |
| Net Assets | $1.3M |
Is Talent Beyond Boundaries Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Talent Beyond Boundaries Inc
Talent Beyond Boundaries Inc (EIN: 811936850) is a nonprofit organization based in Washington, DC, classified under NTEE code Q33. The organization reported total revenue of $1.8M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Talent Beyond Boundaries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Talent Beyond Boundaries Inc is a mid-size nonprofit that has been operating for 3 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 19.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-1,298,696 |
| Total Assets | $1.3M |
| Total Liabilities | $41K |
| Net Assets | $1.3M |
| Operating Margin | -126.0% |
| Debt-to-Asset Ratio | 3.0% |
| Months of Reserves | 6.9 months |
Financial Health Grade: B
In 2023, Talent Beyond Boundaries Inc reported a deficit of $1.3M with expenses exceeding revenue, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Talent Beyond Boundaries Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -76.0% | +12.1% | -49.1% |
| 2022 | +224.8% | +113.6% | +465.8% |
| 2021 | +104.1% | +54.3% | +256.0% |
| 2020 | +26.6% | -7.1% | -24.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Talent Beyond Boundaries 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 Talent Beyond Boundaries 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 deficit of $1.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.0%.
Frequently Asked Questions about Talent Beyond Boundaries Inc
Is Talent Beyond Boundaries Inc a legitimate charity?
Talent Beyond Boundaries Inc (EIN: 811936850) is a registered tax-exempt nonprofit based in Washington DC. It has 5 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: B.
How does Talent Beyond Boundaries Inc spend its money?
Talent Beyond Boundaries Inc reported $1.8M in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Talent Beyond Boundaries Inc tax-deductible?
Talent Beyond Boundaries Inc is registered as a tax-exempt nonprofit (EIN: 811936850). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Talent Beyond Boundaries Inc located?
Talent Beyond Boundaries Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 811936850. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Talent Beyond Boundaries Inc have?
Talent Beyond Boundaries Inc has 5 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Talent Beyond Boundaries Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Talent Beyond Boundaries Inc's revenue has grown by 101.8%, moving from $511K to $1.0M. Total assets increased by 675.7% over the same period, from $173K to $1.3M. Total functional expenses rose by 243.4%, from $678K to $2.3M. In its most recent filing year (2023), Talent Beyond Boundaries Inc reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $41K in liabilities against $1.3M in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $2.3M | $1.3M | $41K | — | — |
| 2022 | $4.3M | $2.1M | $2.6M | $39K | — | View 990 |
| 2021 | $1.3M | $973K | $467K | $75K | — | View 990 |
| 2020 | $647K | $630K | $131K | $87K | — | — |
| 2019 | $511K | $678K | $173K | $146K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $2.3M, and assets of $1.3M (revenue -76.0% year-over-year).
- 2022: Revenue of $4.3M, expenses of $2.1M, and assets of $2.6M (revenue +224.8% year-over-year).
- 2021: Revenue of $1.3M, expenses of $973K, and assets of $467K (revenue +104.1% year-over-year).
- 2020: Revenue of $647K, expenses of $630K, and assets of $131K (revenue +26.6% year-over-year).
- 2019: Revenue of $511K, expenses of $678K, and assets of $173K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Talent Beyond Boundaries Inc:
Data Sources and Methodology
This transparency report for Talent Beyond Boundaries 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.