Xlr8 X
EIN: 843697780 · Honolulu, HI · NTEE: S43
| Metric | Value |
|---|---|
| Total Revenue | $102K |
| Total Expenses | $389K |
| Net Assets | $80K |
Is Xlr8 X Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Xlr8 X
Xlr8 X (EIN: 843697780) is a nonprofit organization based in Honolulu, HI, classified under NTEE code S43. The organization reported total revenue of $102K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Xlr8 X's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Xlr8 X is a small nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -27.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $455K |
| Total Expenses | $389K |
| Surplus / Deficit | +$66K |
| Total Assets | $118K |
| Total Liabilities | $38K |
| Net Assets | $80K |
| Operating Margin | 14.5% |
| Debt-to-Asset Ratio | 32.5% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2023, Xlr8 X reported a surplus of $66K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 32.5% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), Xlr8 X's revenue has declined at a compound annual growth rate (CAGR) of -27.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.0% | -34.3% | +268.7% |
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 Xlr8 X 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 Xlr8 X 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 $66K, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.5%.
Frequently Asked Questions about Xlr8 X
Is Xlr8 X a legitimate charity?
Xlr8 X (EIN: 843697780) is a registered tax-exempt nonprofit based in Hawaii. It has 2 years of IRS 990 filings on record. Total revenue: $102K. No red flags identified. Financial health grade: A.
How does Xlr8 X spend its money?
Xlr8 X reported $102K 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 Xlr8 X tax-deductible?
Xlr8 X is registered as a tax-exempt nonprofit (EIN: 843697780). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Xlr8 X located?
Xlr8 X is headquartered in Honolulu, Hawaii and files with the IRS under EIN 843697780. It is classified under NTEE code S43.
How many years of IRS 990 filings does Xlr8 X have?
Xlr8 X 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 $102K in total revenue.
Filing History
IRS 990 filing history for Xlr8 X showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Xlr8 X's revenue has declined by 27%, moving from $623K to $455K. Total assets increased by 268.7% over the same period, from $32K to $118K. Total functional expenses fell by 34.3%, from $591K to $389K. In its most recent filing year (2023), Xlr8 X reported a surplus of $66K, with revenue exceeding expenses. The organization holds $38K in liabilities against $118K in assets (debt-to-asset ratio: 32.5%), resulting in net assets of $80K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $455K | $389K | $118K | $38K | — | — |
| 2022 | $623K | $591K | $32K | $18K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Xlr8 X:
Data Sources and Methodology
This transparency report for Xlr8 X 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.