We Care About You Inc
EIN: 320702554 · New Orleans, LA · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $139K |
| Total Expenses | $78 |
| Net Assets | $423 |
Is We Care About You Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About We Care About You Inc
We Care About You Inc (EIN: 320702554) is a nonprofit organization based in New Orleans, LA, classified under NTEE code P20. The organization reported total revenue of $139K and total assets of $71K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of We Care About You Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
We Care About You Inc is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 301.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $401 |
| Total Expenses | $78 |
| Surplus / Deficit | +$323 |
| Total Assets | $50K |
| Total Liabilities | $50K |
| Net Assets | $423 |
| Operating Margin | 80.5% |
| Debt-to-Asset Ratio | 99.2% |
| Months of Reserves | 7757.4 months |
Financial Health Grade: A
In 2023, We Care About You Inc reported a surplus of $323 with revenue exceeding expenses, holds 7757.4 months of operating reserves (strong position), has a debt-to-asset ratio of 99.2% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), We Care About You Inc's revenue has grown at a compound annual growth rate (CAGR) of 301.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +301.0% | — | +50323.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for We Care About You 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 We Care About You 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 $323, with revenue exceeding expenses.
- Debt-to-asset ratio: 99.2%.
Frequently Asked Questions about We Care About You Inc
Is We Care About You Inc a legitimate charity?
We Care About You Inc (EIN: 320702554) is a registered tax-exempt nonprofit based in Louisiana. It has 2 years of IRS 990 filings on record. Total revenue: $139K. No red flags identified. Financial health grade: A.
How does We Care About You Inc spend its money?
We Care About You Inc reported $139K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to We Care About You Inc tax-deductible?
We Care About You Inc is registered as a tax-exempt nonprofit (EIN: 320702554). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is We Care About You Inc located?
We Care About You Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 320702554. It is classified under NTEE code P20.
How many years of IRS 990 filings does We Care About You Inc have?
We Care About You Inc has 2 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 $139K in total revenue.
Filing History
IRS 990 filing history for We Care About You Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), We Care About You Inc's revenue has grown by 301%, moving from $100 to $401. Total assets increased by 50323% over the same period, from $100 to $50K. In its most recent filing year (2023), We Care About You Inc reported a surplus of $323, with revenue exceeding expenses. The organization holds $50K in liabilities against $50K in assets (debt-to-asset ratio: 99.2%), resulting in net assets of $423.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $401 | $78 | $50K | $50K | — | View 990 |
| 2022 | $100 | $0 | $100 | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for We Care About You Inc:
Data Sources and Methodology
This transparency report for We Care About You 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.