Tip It Forward
EIN: 825289590 · Louisville, KY · NTEE: E60
| Metric | Value |
|---|---|
| Total Revenue | $163K |
| Total Expenses | $166K |
| Net Assets | $155K |
Is Tip It Forward Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tip It Forward
Tip It Forward (EIN: 825289590) is a nonprofit organization based in Louisville, KY, classified under NTEE code E60. The organization reported total revenue of $163K and total assets of $108K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tip It Forward's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tip It Forward is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 21.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $230K |
| Total Expenses | $166K |
| Surplus / Deficit | +$64K |
| Total Assets | $159K |
| Total Liabilities | $3K |
| Net Assets | $155K |
| Operating Margin | 28.0% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 11.5 months |
Financial Health Grade: A
In 2023, Tip It Forward reported a surplus of $64K with revenue exceeding expenses, holds 11.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Tip It Forward's revenue has grown at a compound annual growth rate (CAGR) of 21.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.4% | +70.1% | +72.6% |
| 2022 | +168.8% | +39.1% | +212.1% |
| 2021 | -54.0% | -33.7% | -25.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tip It Forward 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 Tip It Forward 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 $64K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.1%.
Frequently Asked Questions about Tip It Forward
Is Tip It Forward a legitimate charity?
Based on AI analysis of IRS 990 filings, Tip It Forward (EIN: 825289590) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tip It Forward spend its money?
Detailed spending breakdown data is not yet available for Tip It Forward. Check back for updated IRS 990 analysis.
Are donations to Tip It Forward tax-deductible?
Tip It Forward is registered as a tax-exempt nonprofit (EIN: 825289590). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tip It Forward located?
Tip It Forward is headquartered in Louisville, Kentucky and files with the IRS under EIN 825289590. It is classified under NTEE code E60.
How many years of IRS 990 filings does Tip It Forward have?
Tip It Forward has 4 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 $163K in total revenue.
Filing History
IRS 990 filing history for Tip It Forward showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Tip It Forward's revenue has grown by 78.7%, moving from $129K to $230K. Total assets increased by 299% over the same period, from $40K to $159K. Total functional expenses rose by 56.9%, from $106K to $166K. In its most recent filing year (2023), Tip It Forward reported a surplus of $64K, with revenue exceeding expenses. The organization holds $3K in liabilities against $159K in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $155K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $230K | $166K | $159K | $3K | — | — |
| 2022 | $159K | $97K | $92K | $1K | — | View 990 |
| 2021 | $59K | $70K | $29K | $666 | — | — |
| 2020 | $129K | $106K | $40K | $231 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $230K, expenses of $166K, and assets of $159K (revenue +44.4% year-over-year).
- 2022: Revenue of $159K, expenses of $97K, and assets of $92K (revenue +168.8% year-over-year).
- 2021: Revenue of $59K, expenses of $70K, and assets of $29K (revenue -54.0% year-over-year).
- 2020: Revenue of $129K, expenses of $106K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tip It Forward:
Data Sources and Methodology
This transparency report for Tip It Forward 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.