Tipp City Enrichment Program Inc
EIN: 260161122 · Tipp City, OH · NTEE: B24
Is Tipp City Enrichment Program Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tipp City Enrichment Program Inc
Tipp City Enrichment Program Inc (EIN: 260161122) is a nonprofit organization based in Tipp City, OH, classified under NTEE code B24. The organization reported total revenue of $545K and total assets of $519K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tipp City Enrichment Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tipp City Enrichment Program Inc is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $867K |
| Total Expenses | $570K |
| Surplus / Deficit | +$297K |
| Total Assets | $581K |
| Total Liabilities | $2K |
| Net Assets | $579K |
| Operating Margin | 34.2% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 12.2 months |
Financial Health Grade: A
In 2023, Tipp City Enrichment Program Inc reported a surplus of $297K with revenue exceeding expenses, holds 12.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Tipp City Enrichment Program Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +62.9% | +21.2% | +102.9% |
| 2022 | +16.2% | +8.8% | +27.2% |
| 2021 | +3.3% | -2.5% | +12.2% |
| 2020 | -16.7% | -9.7% | +2.5% |
| 2019 | +12.7% | +19.1% | +26.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tipp City Enrichment Program 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 Tipp City Enrichment Program 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $297K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Tipp City Enrichment Program Inc
Is Tipp City Enrichment Program Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tipp City Enrichment Program Inc (EIN: 260161122) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tipp City Enrichment Program Inc spend its money?
Detailed spending breakdown data is not yet available for Tipp City Enrichment Program Inc. Check back for updated IRS 990 analysis.
Are donations to Tipp City Enrichment Program Inc tax-deductible?
Tipp City Enrichment Program Inc is registered as a tax-exempt nonprofit (EIN: 260161122). 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 Tipp City Enrichment Program Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Tipp City Enrichment Program Inc's revenue has grown by 227.2%, moving from $265K to $867K. Total assets increased by 705.6% over the same period, from $72K to $581K. Total functional expenses rose by 103.8%, from $280K to $570K. In its most recent filing year (2023), Tipp City Enrichment Program Inc reported a surplus of $297K, with revenue exceeding expenses. The organization holds $2K in liabilities against $581K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $579K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $867K | $570K | $581K | $2K | — | View 990 |
| 2022 | $532K | $471K | $286K | $4K | — | View 990 |
| 2021 | $458K | $432K | $225K | $5K | — | View 990 |
| 2020 | $443K | $443K | $201K | $6K | — | View 990 |
| 2019 | $532K | $491K | $196K | $891 | — | View 990 |
| 2018 | $472K | $412K | $155K | $1K | — | View 990 |
| 2017 | $406K | $432K | $95K | $1K | — | View 990 |
| 2016 | $408K | $413K | $127K | $7K | — | View 990 |
| 2015 | $386K | $345K | $130K | $5K | — | View 990 |
| 2014 | $333K | $331K | $89K | $5K | — | View 990 |
| 2013 | $328K | $315K | $87K | $5K | — | View 990 |
| 2012 | $265K | $280K | $72K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $867K, expenses of $570K, and assets of $581K (revenue +62.9% year-over-year).
- 2022: Revenue of $532K, expenses of $471K, and assets of $286K (revenue +16.2% year-over-year).
- 2021: Revenue of $458K, expenses of $432K, and assets of $225K (revenue +3.3% year-over-year).
- 2020: Revenue of $443K, expenses of $443K, and assets of $201K (revenue -16.7% year-over-year).
- 2019: Revenue of $532K, expenses of $491K, and assets of $196K (revenue +12.7% year-over-year).
- 2018: Revenue of $472K, expenses of $412K, and assets of $155K (revenue +16.3% year-over-year).
- 2017: Revenue of $406K, expenses of $432K, and assets of $95K (revenue -0.6% year-over-year).
- 2016: Revenue of $408K, expenses of $413K, and assets of $127K (revenue +5.7% year-over-year).
- 2015: Revenue of $386K, expenses of $345K, and assets of $130K (revenue +16.0% year-over-year).
- 2014: Revenue of $333K, expenses of $331K, and assets of $89K (revenue +1.4% year-over-year).
- 2013: Revenue of $328K, expenses of $315K, and assets of $87K (revenue +23.9% year-over-year).
- 2012: Revenue of $265K, expenses of $280K, and assets of $72K.
Data Sources and Methodology
This transparency report for Tipp City Enrichment Program 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.