The Preston Connection Inc C/O Helping Children Grow Inc
EIN: 521780529 · Washington, DC
| Metric | Value |
|---|---|
| Total Expenses | $2.9M |
| Net Assets | $96K |
Is The Preston Connection Inc C/O Helping Children Grow 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 Preston Connection Inc C/O Helping Children Grow Inc
The Preston Connection Inc C/O Helping Children Grow Inc (EIN: 521780529) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Preston Connection Inc C/O Helping Children Grow Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Preston Connection Inc C/O Helping Children Grow Inc is a mid-size nonprofit, with 6 years of IRS 990 filings on record (2012–2017). Revenue has grown at a compound annual rate of 87.1%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $2.9M |
| Surplus / Deficit | $-1,756,137 |
| Total Assets | $96K |
| Net Assets | $96K |
| Operating Margin | -151.9% |
| Months of Reserves | 0.4 months |
Financial Health Grade: C
In 2017, The Preston Connection Inc C/O Helping Children Grow Inc reported a deficit of $1.8M with expenses exceeding revenue, holds 0.4 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2012–2017), The Preston Connection Inc C/O Helping Children Grow Inc's revenue has grown at a compound annual growth rate (CAGR) of 87.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -16.7% | +4823.7% | -94.8% |
| 2016 | +2554.7% | +15.9% | +122.8% |
| 2015 | +9.2% | +20.5% | +2.4% |
| 2014 | -8.3% | -63.0% | +1.9% |
| 2013 | +3.7% | +56.4% | -5.3% |
AI Analysis Pending
AI enrichment for The Preston Connection Inc C/O Helping Children Grow 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 Preston Connection Inc C/O Helping Children Grow 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.8M, with expenses exceeding revenue.
Frequently Asked Questions about The Preston Connection Inc C/O Helping Children Grow Inc
Is The Preston Connection Inc C/O Helping Children Grow Inc a legitimate charity?
The Preston Connection Inc C/O Helping Children Grow Inc (EIN: 521780529) is a registered tax-exempt nonprofit based in Washington DC. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does The Preston Connection Inc C/O Helping Children Grow Inc spend its money?
The Preston Connection Inc C/O Helping Children Grow Inc reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Preston Connection Inc C/O Helping Children Grow Inc tax-deductible?
The Preston Connection Inc C/O Helping Children Grow Inc is registered as a tax-exempt nonprofit (EIN: 521780529). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Preston Connection Inc C/O Helping Children Grow Inc located?
The Preston Connection Inc C/O Helping Children Grow Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 521780529.
How many years of IRS 990 filings does The Preston Connection Inc C/O Helping Children Grow Inc have?
The Preston Connection Inc C/O Helping Children Grow Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for The Preston Connection Inc C/O Helping Children Grow Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2017), The Preston Connection Inc C/O Helping Children Grow Inc's revenue has grown by 2195.8%, moving from $50K to $1.2M. Total assets decreased by 88.6% over the same period, from $841K to $96K. Total functional expenses rose by 3880.9%, from $73K to $2.9M. In its most recent filing year (2017), The Preston Connection Inc C/O Helping Children Grow Inc reported a deficit of $1.8M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $1.2M | $2.9M | $96K | $0 | — | View 990 |
| 2016 | $1.4M | $59K | $1.9M | $0 | — | View 990 |
| 2015 | $52K | $51K | $831K | $308K | — | View 990 |
| 2014 | $48K | $42K | $812K | $290K | — | View 990 |
| 2013 | $52K | $114K | $797K | $280K | — | View 990 |
| 2012 | $50K | $73K | $841K | $262K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $1.2M, expenses of $2.9M, and assets of $96K (revenue -16.7% year-over-year).
- 2016: Revenue of $1.4M, expenses of $59K, and assets of $1.9M (revenue +2554.7% year-over-year).
- 2015: Revenue of $52K, expenses of $51K, and assets of $831K (revenue +9.2% year-over-year).
- 2014: Revenue of $48K, expenses of $42K, and assets of $812K (revenue -8.3% year-over-year).
- 2013: Revenue of $52K, expenses of $114K, and assets of $797K (revenue +3.7% year-over-year).
- 2012: Revenue of $50K, expenses of $73K, and assets of $841K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Preston Connection Inc C/O Helping Children Grow Inc:
Data Sources and Methodology
This transparency report for The Preston Connection Inc C/O Helping Children Grow 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.