Teenworks Inc
EIN: 462047309 · Indianapolis, IN · NTEE: J22
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $3.0M |
| Net Assets | $2.7M |
Is Teenworks Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Teenworks Inc
Teenworks Inc (EIN: 462047309) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code J22. The organization reported total revenue of $3.6M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Teenworks Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Teenworks Inc is a mid-size nonprofit that has been operating for 2 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 37.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$545K |
| Total Assets | $2.9M |
| Total Liabilities | $159K |
| Net Assets | $2.7M |
| Operating Margin | 15.4% |
| Debt-to-Asset Ratio | 5.5% |
| Months of Reserves | 11.6 months |
Financial Health Grade: A
In 2023, Teenworks Inc reported a surplus of $545K with revenue exceeding expenses, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 5.5% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Teenworks Inc's revenue has grown at a compound annual growth rate (CAGR) of 37.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.8% | +16.6% | +30.5% |
| 2022 | -3.7% | +18.3% | -5.1% |
| 2021 | +16.4% | +28.3% | +14.8% |
| 2020 | -2.1% | -4.3% | +36.8% |
| 2019 | -9.4% | -40.0% | +28.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Teenworks 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 Teenworks 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 $545K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.5%.
Frequently Asked Questions about Teenworks Inc
Is Teenworks Inc a legitimate charity?
Teenworks Inc (EIN: 462047309) is a registered tax-exempt nonprofit based in Indiana. It has 11 years of IRS 990 filings on record. Total revenue: $3.6M. No red flags identified. Financial health grade: A.
How does Teenworks Inc spend its money?
Teenworks Inc reported $3.6M in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Teenworks Inc tax-deductible?
Teenworks Inc is registered as a tax-exempt nonprofit (EIN: 462047309). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Teenworks Inc located?
Teenworks Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 462047309. It is classified under NTEE code J22.
How many years of IRS 990 filings does Teenworks Inc have?
Teenworks Inc has 11 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 $3.6M in total revenue.
Filing History
IRS 990 filing history for Teenworks Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Teenworks Inc's revenue has grown by 2312.6%, moving from $147K to $3.5M. Total assets increased by 2803.5% over the same period, from $100K to $2.9M. Total functional expenses rose by 5602.3%, from $52K to $3.0M. In its most recent filing year (2023), Teenworks Inc reported a surplus of $545K, with revenue exceeding expenses. The organization holds $159K in liabilities against $2.9M in assets (debt-to-asset ratio: 5.5%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.0M | $2.9M | $159K | — | — |
| 2022 | $2.5M | $2.6M | $2.2M | $147K | — | View 990 |
| 2021 | $2.6M | $2.2M | $2.3M | $46K | — | View 990 |
| 2020 | $2.2M | $1.7M | $2.0M | $144K | — | — |
| 2019 | $2.3M | $1.8M | $1.5M | $44K | — | View 990 |
| 2018 | $2.5M | $2.9M | $1.2M | $162K | — | View 990 |
| 2017 | $3.1M | $2.9M | $1.6M | $108K | — | View 990 |
| 2016 | $2.2M | $2.1M | $1.3M | $22K | — | View 990 |
| 2015 | $1.9M | $1.8M | $300K | $0 | — | View 990 |
| 2014 | $1.3M | $1.2M | $128K | $3K | — | View 990 |
| 2013 | $147K | $52K | $100K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $3.0M, and assets of $2.9M (revenue +40.8% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.6M, and assets of $2.2M (revenue -3.7% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.2M, and assets of $2.3M (revenue +16.4% year-over-year).
- 2020: Revenue of $2.2M, expenses of $1.7M, and assets of $2.0M (revenue -2.1% year-over-year).
- 2019: Revenue of $2.3M, expenses of $1.8M, and assets of $1.5M (revenue -9.4% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.9M, and assets of $1.2M (revenue -17.8% year-over-year).
- 2017: Revenue of $3.1M, expenses of $2.9M, and assets of $1.6M (revenue +42.2% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.1M, and assets of $1.3M (revenue +12.2% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.8M, and assets of $300K (revenue +52.1% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.2M, and assets of $128K (revenue +764.7% year-over-year).
- 2013: Revenue of $147K, expenses of $52K, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Teenworks Inc:
Data Sources and Methodology
This transparency report for Teenworks 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.