Theres A Way Inc
EIN: 582568259 · Russellville, AL · NTEE: B82
Is Theres A Way Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Theres A Way Inc
Theres A Way Inc (EIN: 582568259) is a nonprofit organization based in Russellville, AL, classified under NTEE code B82. The organization reported total revenue of $116K and total assets of $62K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Theres A Way Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Theres A Way Inc is a small nonprofit that has been operating for 26 years, with 8 years of IRS 990 filings on record (2011–2018).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -104.1% | +21.8% | -56.5% |
| 2017 | -7.7% | +44.1% | -13.1% |
| 2016 | +2.8% | -13.8% | +37.1% |
| 2015 | +9.2% | -1.8% | -22.8% |
| 2014 | -4.8% | +6.5% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Theres A Way 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 Theres A Way 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 (2018)
From the most recent IRS 990 filing on record:
Frequently Asked Questions about Theres A Way Inc
Is Theres A Way Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Theres A Way Inc (EIN: 582568259) insufficient data. 0 red flags identified, 0 strengths noted.
How does Theres A Way Inc spend its money?
Detailed spending breakdown data is not yet available for Theres A Way Inc. Check back for updated IRS 990 analysis.
Are donations to Theres A Way Inc tax-deductible?
Theres A Way Inc is registered as a tax-exempt nonprofit (EIN: 582568259). 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 Theres A Way Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Theres A Way Inc's revenue has declined by 104.9%, moving from $47K to $-2,284. Total assets decreased by 64.7% over the same period, from $176K to $62K. Total functional expenses rose by 44.8%, from $58K to $85K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $-2,284 | $85K | $62K | $0 | — | View 990 |
| 2017 | $56K | $70K | $143K | $0 | — | View 990 |
| 2016 | $61K | $48K | $164K | $0 | — | View 990 |
| 2015 | $59K | $56K | $120K | $0 | — | View 990 |
| 2014 | $54K | $57K | $155K | $0 | — | View 990 |
| 2013 | $57K | $54K | $160K | $0 | — | View 990 |
| 2012 | $62K | $52K | $157K | $0 | — | View 990 |
| 2011 | $47K | $58K | $176K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $-2,284, expenses of $85K, and assets of $62K (revenue -104.1% year-over-year).
- 2017: Revenue of $56K, expenses of $70K, and assets of $143K (revenue -7.7% year-over-year).
- 2016: Revenue of $61K, expenses of $48K, and assets of $164K (revenue +2.8% year-over-year).
- 2015: Revenue of $59K, expenses of $56K, and assets of $120K (revenue +9.2% year-over-year).
- 2014: Revenue of $54K, expenses of $57K, and assets of $155K (revenue -4.8% year-over-year).
- 2013: Revenue of $57K, expenses of $54K, and assets of $160K (revenue -8.7% year-over-year).
- 2012: Revenue of $62K, expenses of $52K, and assets of $157K (revenue +33.5% year-over-year).
- 2011: Revenue of $47K, expenses of $58K, and assets of $176K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Theres A Way Inc:
Data Sources and Methodology
This transparency report for Theres A Way 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.