The Eat Cake Foundation
EIN: 824457628 · Fairdale, WV · NTEE: I12
| Metric | Value |
|---|---|
| Total Revenue | $24K |
| Total Expenses | $20K |
| Net Assets | $4K |
Is The Eat Cake Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Eat Cake Foundation
The Eat Cake Foundation (EIN: 824457628) is a nonprofit organization based in Fairdale, WV, classified under NTEE code I12. The organization reported total revenue of $24K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Eat Cake Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Eat Cake Foundation is a micro nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $20K |
| Surplus / Deficit | +$2K |
| Total Assets | $4K |
| Net Assets | $4K |
| Operating Margin | 10.8% |
| Months of Reserves | 2.1 months |
Financial Health Grade: A
In 2023, The Eat Cake Foundation reported a surplus of $2K with revenue exceeding expenses, holds 2.1 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2019–2023), The Eat Cake Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +94.3% | +77.5% | +218.4% |
| 2022 | +2.2% | +3.1% | +32.8% |
| 2021 | +90.4% | +75.8% | +80.6% |
| 2020 | -68.4% | -69.6% | +46200.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Eat Cake Foundation 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 Eat Cake Foundation 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 $2K, with revenue exceeding expenses.
Frequently Asked Questions about The Eat Cake Foundation
Is The Eat Cake Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Eat Cake Foundation (EIN: 824457628) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Eat Cake Foundation spend its money?
Detailed spending breakdown data is not yet available for The Eat Cake Foundation. Check back for updated IRS 990 analysis.
Are donations to The Eat Cake Foundation tax-deductible?
The Eat Cake Foundation is registered as a tax-exempt nonprofit (EIN: 824457628). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Eat Cake Foundation located?
The Eat Cake Foundation is headquartered in Fairdale, West Virginia and files with the IRS under EIN 824457628. It is classified under NTEE code I12.
How many years of IRS 990 filings does The Eat Cake Foundation have?
The Eat Cake Foundation 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 $24K in total revenue.
Filing History
IRS 990 filing history for The Eat Cake Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), The Eat Cake Foundation's revenue has grown by 19.5%, moving from $19K to $22K. Total assets increased by 353300% over the same period, from $1 to $4K. Total functional expenses fell by 2.2%, from $20K to $20K. In its most recent filing year (2023), The Eat Cake Foundation reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22K | $20K | $4K | $0 | — | View 990 |
| 2022 | $12K | $11K | $1K | $0 | — | — |
| 2021 | $11K | $11K | $836 | $0 | — | — |
| 2020 | $6K | $6K | $463 | $0 | — | — |
| 2019 | $19K | $20K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22K, expenses of $20K, and assets of $4K (revenue +94.3% year-over-year).
- 2022: Revenue of $12K, expenses of $11K, and assets of $1K (revenue +2.2% year-over-year).
- 2021: Revenue of $11K, expenses of $11K, and assets of $836 (revenue +90.4% year-over-year).
- 2020: Revenue of $6K, expenses of $6K, and assets of $463 (revenue -68.4% year-over-year).
- 2019: Revenue of $19K, expenses of $20K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Eat Cake Foundation:
Data Sources and Methodology
This transparency report for The Eat Cake Foundation 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.