Touch Of Love International
EIN: 273566719 · Colorado Spgs, CO · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $589K |
| Total Expenses | $598K |
| Net Assets | $250K |
Is Touch Of Love International Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Touch Of Love International
Touch Of Love International (EIN: 273566719) is a nonprofit organization based in Colorado Spgs, CO, classified under NTEE code Q33. The organization reported total revenue of $589K and total assets of $225K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Touch Of Love International's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Touch Of Love International is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $564K |
| Total Expenses | $598K |
| Surplus / Deficit | $-34,054 |
| Total Assets | $256K |
| Total Liabilities | $7K |
| Net Assets | $250K |
| Operating Margin | -6.0% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 5.1 months |
Financial Health Grade: B
In 2023, Touch Of Love International reported a deficit of $34K with expenses exceeding revenue, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Touch Of Love International's revenue has grown at a compound annual growth rate (CAGR) of 24.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.8% | +8.9% | -15.3% |
| 2022 | +14.5% | +36.3% | -14.1% |
| 2021 | +38.1% | +40.0% | +11.4% |
| 2020 | -6.4% | +17.8% | +10.1% |
| 2019 | +102.7% | +50.2% | +48.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Touch Of Love International 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 Touch Of Love International 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 $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Frequently Asked Questions about Touch Of Love International
Is Touch Of Love International a legitimate charity?
Touch Of Love International (EIN: 273566719) is a registered tax-exempt nonprofit based in Colorado. It has 13 years of IRS 990 filings on record. Total revenue: $589K. No red flags identified. Financial health grade: B.
How does Touch Of Love International spend its money?
Touch Of Love International reported $589K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Touch Of Love International tax-deductible?
Touch Of Love International is registered as a tax-exempt nonprofit (EIN: 273566719). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Touch Of Love International located?
Touch Of Love International is headquartered in Colorado Spgs, Colorado and files with the IRS under EIN 273566719. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Touch Of Love International have?
Touch Of Love International has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $589K in total revenue.
Filing History
IRS 990 filing history for Touch Of Love International showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Touch Of Love International's revenue has grown by 1284.4%, moving from $41K to $564K. Total assets increased by 321.1% over the same period, from $61K to $256K. Total functional expenses rose by 3461.3%, from $17K to $598K. In its most recent filing year (2023), Touch Of Love International reported a deficit of $34K, with expenses exceeding revenue. The organization holds $7K in liabilities against $256K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $250K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $564K | $598K | $256K | $7K | — | — |
| 2022 | $500K | $549K | $303K | $4K | — | — |
| 2021 | $437K | $403K | $352K | $5K | — | View 990 |
| 2020 | $316K | $288K | $316K | $2K | — | — |
| 2019 | $338K | $244K | $287K | $1K | — | View 990 |
| 2018 | $167K | $163K | $194K | $1K | — | View 990 |
| 2017 | $137K | $119K | $188K | $0 | — | View 990 |
| 2016 | $102K | $75K | $171K | $0 | — | View 990 |
| 2015 | $83K | $73K | $143K | $0 | — | View 990 |
| 2014 | $54K | $34K | $132K | $0 | — | View 990 |
| 2013 | $32K | $1K | $111K | $0 | — | View 990 |
| 2012 | $60K | $40K | $81K | $0 | — | View 990 |
| 2011 | $41K | $17K | $61K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $564K, expenses of $598K, and assets of $256K (revenue +12.8% year-over-year).
- 2022: Revenue of $500K, expenses of $549K, and assets of $303K (revenue +14.5% year-over-year).
- 2021: Revenue of $437K, expenses of $403K, and assets of $352K (revenue +38.1% year-over-year).
- 2020: Revenue of $316K, expenses of $288K, and assets of $316K (revenue -6.4% year-over-year).
- 2019: Revenue of $338K, expenses of $244K, and assets of $287K (revenue +102.7% year-over-year).
- 2018: Revenue of $167K, expenses of $163K, and assets of $194K (revenue +21.3% year-over-year).
- 2017: Revenue of $137K, expenses of $119K, and assets of $188K (revenue +34.1% year-over-year).
- 2016: Revenue of $102K, expenses of $75K, and assets of $171K (revenue +22.8% year-over-year).
- 2015: Revenue of $83K, expenses of $73K, and assets of $143K (revenue +55.0% year-over-year).
- 2014: Revenue of $54K, expenses of $34K, and assets of $132K (revenue +69.5% year-over-year).
- 2013: Revenue of $32K, expenses of $1K, and assets of $111K (revenue -47.0% year-over-year).
- 2012: Revenue of $60K, expenses of $40K, and assets of $81K (revenue +47.0% year-over-year).
- 2011: Revenue of $41K, expenses of $17K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Touch Of Love International:
Data Sources and Methodology
This transparency report for Touch Of Love International 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.