Three Hots & A Cot
EIN: 264355458 · Center Point, AL · NTEE: L41
Is Three Hots & A Cot Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Three Hots & A Cot
Three Hots & A Cot (EIN: 264355458) is a nonprofit organization based in Center Point, AL, classified under NTEE code L41. The organization reported total revenue of $658K and total assets of $763K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Three Hots & A Cot's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Three Hots & A Cot is a small nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $382K |
| Total Expenses | $480K |
| Surplus / Deficit | $-98,093 |
| Total Assets | $648K |
| Total Liabilities | $54K |
| Net Assets | $594K |
| Operating Margin | -25.7% |
| Debt-to-Asset Ratio | 8.4% |
| Months of Reserves | 16.2 months |
Financial Health Grade: B
In 2023, Three Hots & A Cot reported a deficit of $98K with expenses exceeding revenue, holds 16.2 months of operating reserves (strong position), has a debt-to-asset ratio of 8.4% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Three Hots & A Cot's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.2% | +11.1% | -8.3% |
| 2022 | -10.0% | -9.6% | +38.8% |
| 2021 | +2.1% | +19.0% | +4.2% |
| 2020 | +2.7% | -25.5% | +8.1% |
| 2019 | +13.1% | -2.0% | -15.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Three Hots & A Cot 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 Three Hots & A Cot 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 deficit of $98K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.4%.
Frequently Asked Questions about Three Hots & A Cot
Is Three Hots & A Cot a legitimate charity?
Based on AI analysis of IRS 990 filings, Three Hots & A Cot (EIN: 264355458) insufficient data. 0 red flags identified, 0 strengths noted.
How does Three Hots & A Cot spend its money?
Detailed spending breakdown data is not yet available for Three Hots & A Cot. Check back for updated IRS 990 analysis.
Are donations to Three Hots & A Cot tax-deductible?
Three Hots & A Cot is registered as a tax-exempt nonprofit (EIN: 264355458). 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 Three Hots & A Cot showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Three Hots & A Cot's revenue has grown by 117%, moving from $176K to $382K. Total assets decreased by 39.1% over the same period, from $1.1M to $648K. Total functional expenses rose by 183.7%, from $169K to $480K. In its most recent filing year (2023), Three Hots & A Cot reported a deficit of $98K, with expenses exceeding revenue. The organization holds $54K in liabilities against $648K in assets (debt-to-asset ratio: 8.4%), resulting in net assets of $594K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $382K | $480K | $648K | $54K | — | — |
| 2022 | $445K | $432K | $707K | $15K | — | — |
| 2021 | $495K | $478K | $509K | $493K | — | View 990 |
| 2020 | $484K | $402K | $489K | $489K | — | View 990 |
| 2019 | $472K | $539K | $452K | $59K | — | View 990 |
| 2018 | $417K | $550K | $535K | $35K | — | View 990 |
| 2017 | $454K | $495K | $731K | $46K | — | View 990 |
| 2016 | $431K | $469K | $852K | $16K | — | View 990 |
| 2015 | $483K | $481K | $975K | $37K | — | View 990 |
| 2014 | $608K | $588K | $1.1M | $45K | — | View 990 |
| 2013 | $813K | $429K | $1.0M | $12K | — | View 990 |
| 2011 | $176K | $169K | $1.1M | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $382K, expenses of $480K, and assets of $648K (revenue -14.2% year-over-year).
- 2022: Revenue of $445K, expenses of $432K, and assets of $707K (revenue -10.0% year-over-year).
- 2021: Revenue of $495K, expenses of $478K, and assets of $509K (revenue +2.1% year-over-year).
- 2020: Revenue of $484K, expenses of $402K, and assets of $489K (revenue +2.7% year-over-year).
- 2019: Revenue of $472K, expenses of $539K, and assets of $452K (revenue +13.1% year-over-year).
- 2018: Revenue of $417K, expenses of $550K, and assets of $535K (revenue -8.2% year-over-year).
- 2017: Revenue of $454K, expenses of $495K, and assets of $731K (revenue +5.4% year-over-year).
- 2016: Revenue of $431K, expenses of $469K, and assets of $852K (revenue -10.7% year-over-year).
- 2015: Revenue of $483K, expenses of $481K, and assets of $975K (revenue -20.5% year-over-year).
- 2014: Revenue of $608K, expenses of $588K, and assets of $1.1M (revenue -25.2% year-over-year).
- 2013: Revenue of $813K, expenses of $429K, and assets of $1.0M (revenue +361.5% year-over-year).
- 2011: Revenue of $176K, expenses of $169K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Three Hots & A Cot:
Data Sources and Methodology
This transparency report for Three Hots & A Cot 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.