Trout For Cheat Inc
EIN: 371465938 · Kingwood, WV · NTEE: N99
| Metric | Value |
|---|---|
| Total Revenue | $84K |
| Total Expenses | $47K |
| Net Assets | $182K |
Is Trout For Cheat Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Trout For Cheat Inc
Trout For Cheat Inc (EIN: 371465938) is a nonprofit organization based in Kingwood, WV, classified under NTEE code N99. The organization reported total revenue of $84K and total assets of $165K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trout For Cheat Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trout For Cheat Inc is a micro nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $47K |
| Surplus / Deficit | $-23,779 |
| Total Assets | $185K |
| Total Liabilities | $2K |
| Net Assets | $182K |
| Operating Margin | -102.2% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 47.2 months |
Financial Health Grade: B
In 2023, Trout For Cheat Inc reported a deficit of $24K with expenses exceeding revenue, holds 47.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Trout For Cheat Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +319.8% | +2.1% | -12.2% |
| 2022 | -30.9% | -18.4% | -22.5% |
| 2021 | +92.3% | +95.3% | -18.3% |
| 2020 | -72.8% | -36.7% | -6.4% |
| 2019 | -87.6% | -8.2% | -7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Trout For Cheat 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 Trout For Cheat 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 deficit of $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Frequently Asked Questions about Trout For Cheat Inc
Is Trout For Cheat Inc a legitimate charity?
Trout For Cheat Inc (EIN: 371465938) is a registered tax-exempt nonprofit based in West Virginia. It has 12 years of IRS 990 filings on record. Total revenue: $84K. No red flags identified. Financial health grade: B.
How does Trout For Cheat Inc spend its money?
Trout For Cheat Inc reported $84K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Trout For Cheat Inc tax-deductible?
Trout For Cheat Inc is registered as a tax-exempt nonprofit (EIN: 371465938). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Trout For Cheat Inc located?
Trout For Cheat Inc is headquartered in Kingwood, West Virginia and files with the IRS under EIN 371465938. It is classified under NTEE code N99.
How many years of IRS 990 filings does Trout For Cheat Inc have?
Trout For Cheat Inc has 12 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 $84K in total revenue.
Filing History
IRS 990 filing history for Trout For Cheat Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Trout For Cheat Inc's revenue has grown by 124.3%, moving from $10K to $23K. Total assets increased by 1151.3% over the same period, from $15K to $185K. Total functional expenses rose by 681.5%, from $6K to $47K. In its most recent filing year (2023), Trout For Cheat Inc reported a deficit of $24K, with expenses exceeding revenue. The organization holds $2K in liabilities against $185K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $182K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23K | $47K | $185K | $2K | — | — |
| 2022 | $6K | $46K | $211K | $4K | — | — |
| 2021 | $8K | $56K | $272K | $0 | — | — |
| 2020 | $4K | $29K | $333K | $0 | — | View 990 |
| 2019 | $15K | $46K | $355K | $0 | — | View 990 |
| 2018 | $124K | $50K | $382K | $0 | — | View 990 |
| 2017 | $13K | $53K | $310K | $0 | — | View 990 |
| 2016 | $406K | $55K | $351K | $0 | — | View 990 |
| 2014 | $0 | $7K | $6K | $0 | — | View 990 |
| 2013 | $12K | $7K | $14K | $0 | — | View 990 |
| 2012 | $0 | $5K | $10K | $300 | — | View 990 |
| 2011 | $10K | $6K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23K, expenses of $47K, and assets of $185K (revenue +319.8% year-over-year).
- 2022: Revenue of $6K, expenses of $46K, and assets of $211K (revenue -30.9% year-over-year).
- 2021: Revenue of $8K, expenses of $56K, and assets of $272K (revenue +92.3% year-over-year).
- 2020: Revenue of $4K, expenses of $29K, and assets of $333K (revenue -72.8% year-over-year).
- 2019: Revenue of $15K, expenses of $46K, and assets of $355K (revenue -87.6% year-over-year).
- 2018: Revenue of $124K, expenses of $50K, and assets of $382K (revenue +846.3% year-over-year).
- 2017: Revenue of $13K, expenses of $53K, and assets of $310K (revenue -96.8% year-over-year).
- 2016: Revenue of $406K, expenses of $55K, and assets of $351K.
- 2014: Revenue of $0, expenses of $7K, and assets of $6K (revenue -100.0% year-over-year).
- 2013: Revenue of $12K, expenses of $7K, and assets of $14K.
- 2012: Revenue of $0, expenses of $5K, and assets of $10K (revenue -100.0% year-over-year).
- 2011: Revenue of $10K, expenses of $6K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trout For Cheat Inc:
Data Sources and Methodology
This transparency report for Trout For Cheat 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.