The Amnion Foundation Inc
EIN: 274355411 · Winston Salem, NC · NTEE: E99
Is The Amnion Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Amnion Foundation Inc
The Amnion Foundation Inc (EIN: 274355411) is a nonprofit organization based in Winston Salem, NC, classified under NTEE code E99. The organization reported total revenue of $362K and total assets of $240K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Amnion Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Amnion Foundation Inc is a small nonprofit that has been operating for 6 years, with 8 years of IRS 990 filings on record (2010–2022).
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $303K |
| Total Expenses | $651K |
| Surplus / Deficit | $-348,139 |
| Total Assets | $496K |
| Total Liabilities | $6K |
| Net Assets | $491K |
| Operating Margin | -115.0% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 9.2 months |
Financial Health Grade: B
In 2022, The Amnion Foundation Inc reported a deficit of $348K with expenses exceeding revenue, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -5.0% | -15.4% | -43.4% |
| 2021 | +551.5% | -34.9% | -39.7% |
| 2020 | -79.7% | -19.2% | -44.9% |
| 2013 | -100.0% | — | -2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Amnion Foundation 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 The Amnion Foundation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $348K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about The Amnion Foundation Inc
Is The Amnion Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Amnion Foundation Inc (EIN: 274355411) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Amnion Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for The Amnion Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to The Amnion Foundation Inc tax-deductible?
The Amnion Foundation Inc is registered as a tax-exempt nonprofit (EIN: 274355411). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for The Amnion Foundation Inc showing financial trends over 8 years of public records:
Total assets increased by 49649100% over the same period, from $1 to $496K. In its most recent filing year (2022), The Amnion Foundation Inc reported a deficit of $348K, with expenses exceeding revenue. The organization holds $6K in liabilities against $496K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $491K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $303K | $651K | $496K | $6K | — | View 990 |
| 2021 | $318K | $769K | $877K | $32K | — | View 990 |
| 2020 | $49K | $1.2M | $1.5M | $129K | — | View 990 |
| 2019 | $240K | $1.5M | $2.6M | $112K | — | View 990 |
| 2013 | $0 | $127K | $5.4M | $0 | — | View 990 |
| 2012 | $5.5M | $0 | $5.5M | $0 | — | — |
| 2011 | $0 | $0 | $1 | $0 | — | View 990 |
| 2010 | $0 | $0 | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $303K, expenses of $651K, and assets of $496K (revenue -5.0% year-over-year).
- 2021: Revenue of $318K, expenses of $769K, and assets of $877K (revenue +551.5% year-over-year).
- 2020: Revenue of $49K, expenses of $1.2M, and assets of $1.5M (revenue -79.7% year-over-year).
- 2019: Revenue of $240K, expenses of $1.5M, and assets of $2.6M.
- 2013: Revenue of $0, expenses of $127K, and assets of $5.4M (revenue -100.0% year-over-year).
- 2012: Revenue of $5.5M, expenses of $0, and assets of $5.5M.
- 2011: Revenue of $0, expenses of $0, and assets of $1.
- 2010: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Amnion Foundation Inc:
Data Sources and Methodology
This transparency report for The Amnion Foundation 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.