Xyz Services Inc
Xyz Services Inc faces consistent deficit spending and high liabilities despite no reported officer compensation.
EIN: 134266307 · Frederick, MD · NTEE: F20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $187K |
| Total Expenses | $180K |
| Program Spending | 75% |
| Net Assets | $-99,484 |
| Transparency Score | 60/100 |
Is Xyz Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Xyz Services Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Xyz Services Inc
Xyz Services Inc (EIN: 134266307) is a nonprofit organization based in Frederick, MD, classified under NTEE code F20. The organization reported total revenue of $187K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Xyz Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Xyz Services Inc is a small nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $188K |
| Total Expenses | $180K |
| Surplus / Deficit | +$8K |
| Total Assets | $22K |
| Total Liabilities | $121K |
| Net Assets | $-99,484 |
| Operating Margin | 4.2% |
| Debt-to-Asset Ratio | 559.7% |
| Months of Reserves | 1.4 months |
Financial Health Grade: B
In 2023, Xyz Services Inc reported a surplus of $8K with revenue exceeding expenses, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 559.7% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Xyz Services Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.7% | +2.6% | -82.8% |
| 2022 | -1.0% | +38.6% | -1.3% |
| 2021 | -11.4% | -27.7% | +2.5% |
| 2020 | +30.7% | +0.9% | -6.3% |
| 2019 | -23.0% | -6.6% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Xyz Services Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Xyz Services Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 559.7%.
Executive Compensation Analysis
Xyz Services Inc consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which is unusual for an organization with its revenue levels.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Xyz Services Inc's IRS 990 filings:
- Consistent operational deficits, with expenses frequently exceeding revenues (e.g., 2022, 2019).
- High liability-to-asset ratio in multiple periods, indicating potential solvency issues (e.g., $121,123 liabilities vs. $21,639 assets in 2023).
- Negative asset balance reported in 2017 ($-5,915), a severe indicator of financial distress.
- Significant fluctuations in asset levels, from $-5,915 in 2017 to $127,298 in 2021, suggesting instability.
Strengths
The following positive indicators were identified for Xyz Services Inc:
- Long operational history with 14 IRS 990 filings, demonstrating commitment to reporting.
- Consistent reporting of 0% officer compensation, suggesting a potentially volunteer-driven executive leadership.
- Recovery of assets from a negative balance in 2017 to positive in subsequent years, indicating resilience.
Frequently Asked Questions about Xyz Services Inc
Is Xyz Services Inc a legitimate charity?
Xyz Services Inc (EIN: 134266307) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 60/100. It has 14 years of IRS 990 filings on record. Total revenue: $187K. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Xyz Services Inc spend its money?
Xyz Services Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Xyz Services Inc tax-deductible?
Xyz Services Inc is registered as a tax-exempt nonprofit (EIN: 134266307). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Xyz Services Inc's spending goes to programs?
Xyz Services Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Xyz Services Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Xyz Services Inc is above average for NTEE category F20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Xyz Services Inc located?
Xyz Services Inc is headquartered in Frederick, Maryland and files with the IRS under EIN 134266307. It is classified under NTEE code F20.
How many years of IRS 990 filings does Xyz Services Inc have?
Xyz Services Inc has 14 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 $187K in total revenue.
How does Xyz Services Inc cover its consistent operational deficits?
The organization frequently reports expenses exceeding revenues (e.g., $179,990 expenses vs. $187,815 revenue in 2023, $175,361 expenses vs. $163,761 revenue in 2022). This suggests a reliance on accumulated reserves from prior profitable years, drawing down assets, or other unreported funding sources to cover the gap.
What is the nature of the organization's liabilities, which often exceed its assets?
Liabilities have frequently surpassed assets, such as $121,123 in liabilities against $21,639 in assets in 2023, and $151,956 in liabilities against $124,141 in assets in 2020. Understanding the composition of these liabilities (e.g., program-related debt, operational payables) is crucial for assessing financial risk.
Given the 0% officer compensation, how are the organization's leadership roles filled and sustained?
The consistent reporting of 0% officer compensation across all filings implies that the organization's executive functions are either performed by unpaid volunteers or compensated in a manner not classified as 'officer compensation' on the 990. Clarification on this structure would provide insight into its operational model and sustainability.
What caused the negative asset balance of $-5,915 in 2017?
The negative asset balance in 2017 is a significant red flag, indicating that the organization's liabilities exceeded its assets by a substantial margin. A detailed review of the 2017 filing would be necessary to understand the specific financial events or accounting practices that led to this situation.
Filing History
IRS 990 filing history for Xyz Services Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Xyz Services Inc's revenue has declined by 10.3%, moving from $209K to $188K. Total assets increased by 14.4% over the same period, from $19K to $22K. Total functional expenses fell by 14.9%, from $212K to $180K. In its most recent filing year (2023), Xyz Services Inc reported a surplus of $8K, with revenue exceeding expenses. The organization holds $121K in liabilities against $22K in assets (debt-to-asset ratio: 559.7%), resulting in net assets of $-99,484.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $188K | $180K | $22K | $121K | — | — |
| 2022 | $164K | $175K | $126K | $124K | — | View 990 |
| 2021 | $165K | $127K | $127K | $116K | — | View 990 |
| 2020 | $187K | $175K | $124K | $152K | — | — |
| 2019 | $143K | $173K | $132K | $172K | — | View 990 |
| 2018 | $186K | $186K | $131K | $140K | — | View 990 |
| 2017 | $160K | $184K | $-5,915 | $3K | — | View 990 |
| 2016 | $174K | $190K | $123K | $108K | — | View 990 |
| 2015 | $205K | $210K | $119K | $86K | — | View 990 |
| 2014 | $186K | $206K | $105K | $63K | — | View 990 |
| 2013 | $205K | $207K | $91K | $48K | — | View 990 |
| 2012 | $200K | $201K | $93K | $48K | — | View 990 |
| 2011 | $213K | $200K | $104K | $58K | — | View 990 |
| 2010 | $209K | $212K | $19K | $52K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $188K, expenses of $180K, and assets of $22K (revenue +14.7% year-over-year).
- 2022: Revenue of $164K, expenses of $175K, and assets of $126K (revenue -1.0% year-over-year).
- 2021: Revenue of $165K, expenses of $127K, and assets of $127K (revenue -11.4% year-over-year).
- 2020: Revenue of $187K, expenses of $175K, and assets of $124K (revenue +30.7% year-over-year).
- 2019: Revenue of $143K, expenses of $173K, and assets of $132K (revenue -23.0% year-over-year).
- 2018: Revenue of $186K, expenses of $186K, and assets of $131K (revenue +15.8% year-over-year).
- 2017: Revenue of $160K, expenses of $184K, and assets of $-5,915 (revenue -7.7% year-over-year).
- 2016: Revenue of $174K, expenses of $190K, and assets of $123K (revenue -15.5% year-over-year).
- 2015: Revenue of $205K, expenses of $210K, and assets of $119K (revenue +10.6% year-over-year).
- 2014: Revenue of $186K, expenses of $206K, and assets of $105K (revenue -9.5% year-over-year).
- 2013: Revenue of $205K, expenses of $207K, and assets of $91K (revenue +2.5% year-over-year).
- 2012: Revenue of $200K, expenses of $201K, and assets of $93K (revenue -6.3% year-over-year).
- 2011: Revenue of $213K, expenses of $200K, and assets of $104K (revenue +2.0% year-over-year).
- 2010: Revenue of $209K, expenses of $212K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Xyz Services Inc:
Data Sources and Methodology
This transparency report for Xyz Services 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.