Thomas Ridleys 1 Like Me
EIN: 824302000 · Indianapolis, IN · NTEE: I40
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $897K |
| Net Assets | $214K |
Is Thomas Ridleys 1 Like Me Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Thomas Ridleys 1 Like Me
Thomas Ridleys 1 Like Me (EIN: 824302000) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code I40. The organization reported total revenue of $1.5M and total assets of $540K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thomas Ridleys 1 Like Me's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thomas Ridleys 1 Like Me is a mid-size nonprofit that has been operating for 8 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 139.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $954K |
| Total Expenses | $897K |
| Surplus / Deficit | +$57K |
| Total Assets | $408K |
| Total Liabilities | $194K |
| Net Assets | $214K |
| Operating Margin | 6.0% |
| Debt-to-Asset Ratio | 47.7% |
| Months of Reserves | 5.5 months |
Financial Health Grade: A
In 2023, Thomas Ridleys 1 Like Me reported a surplus of $57K with revenue exceeding expenses, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 47.7% (moderate leverage).
Financial Trends
Over 3 years of filings (2021–2023), Thomas Ridleys 1 Like Me's revenue has grown at a compound annual growth rate (CAGR) of 139.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +130.5% | +219.9% | +148.2% |
| 2022 | +148.1% | +106.9% | +360.1% |
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 Thomas Ridleys 1 Like Me 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 Thomas Ridleys 1 Like Me 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 $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 47.7%.
Frequently Asked Questions about Thomas Ridleys 1 Like Me
Is Thomas Ridleys 1 Like Me a legitimate charity?
Thomas Ridleys 1 Like Me (EIN: 824302000) is a registered tax-exempt nonprofit based in Indiana. It has 3 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. Financial health grade: A.
How does Thomas Ridleys 1 Like Me spend its money?
Thomas Ridleys 1 Like Me reported $1.5M in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Thomas Ridleys 1 Like Me tax-deductible?
Thomas Ridleys 1 Like Me is registered as a tax-exempt nonprofit (EIN: 824302000). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Thomas Ridleys 1 Like Me located?
Thomas Ridleys 1 Like Me is headquartered in Indianapolis, Indiana and files with the IRS under EIN 824302000. It is classified under NTEE code I40.
How many years of IRS 990 filings does Thomas Ridleys 1 Like Me have?
Thomas Ridleys 1 Like Me has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.5M in total revenue.
Filing History
IRS 990 filing history for Thomas Ridleys 1 Like Me showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Thomas Ridleys 1 Like Me's revenue has grown by 471.9%, moving from $167K to $954K. Total assets increased by 1042% over the same period, from $36K to $408K. Total functional expenses rose by 561.9%, from $136K to $897K. In its most recent filing year (2023), Thomas Ridleys 1 Like Me reported a surplus of $57K, with revenue exceeding expenses. The organization holds $194K in liabilities against $408K in assets (debt-to-asset ratio: 47.7%), resulting in net assets of $214K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $954K | $897K | $408K | $194K | — | — |
| 2022 | $414K | $280K | $164K | $0 | — | View 990 |
| 2021 | $167K | $136K | $36K | $5K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $954K, expenses of $897K, and assets of $408K (revenue +130.5% year-over-year).
- 2022: Revenue of $414K, expenses of $280K, and assets of $164K (revenue +148.1% year-over-year).
- 2021: Revenue of $167K, expenses of $136K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thomas Ridleys 1 Like Me:
Data Sources and Methodology
This transparency report for Thomas Ridleys 1 Like Me 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.