Yellow Door Foundation Inc
EIN: 821240949 · Charlottesvle, VA · NTEE: L40
| Metric | Value |
|---|---|
| Total Revenue | $691K |
| Total Expenses | $393K |
| Net Assets | $227K |
Is Yellow Door Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Yellow Door Foundation Inc
Yellow Door Foundation Inc (EIN: 821240949) is a nonprofit organization based in Charlottesvle, VA, classified under NTEE code L40. The organization reported total revenue of $691K and total assets of $332K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Yellow Door Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Yellow Door Foundation Inc is a small nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 17.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $371K |
| Total Expenses | $393K |
| Surplus / Deficit | $-21,726 |
| Total Assets | $228K |
| Total Liabilities | $885 |
| Net Assets | $227K |
| Operating Margin | -5.9% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 7.0 months |
Financial Health Grade: B
In 2023, Yellow Door Foundation Inc reported a deficit of $22K with expenses exceeding revenue, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Yellow Door Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.9% | +27.3% | -8.6% |
| 2022 | +6.2% | +13.8% | +32.0% |
| 2021 | +39.1% | +36.1% | +103.0% |
| 2020 | +73.9% | +29.8% | +156.0% |
| 2019 | -11.6% | +25.8% | -20.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Yellow Door Foundation 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 Yellow Door Foundation 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 $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Yellow Door Foundation Inc
Is Yellow Door Foundation Inc a legitimate charity?
Yellow Door Foundation Inc (EIN: 821240949) is a registered tax-exempt nonprofit based in Virginia. It has 6 years of IRS 990 filings on record. Total revenue: $691K. No red flags identified. Financial health grade: B.
How does Yellow Door Foundation Inc spend its money?
Yellow Door Foundation Inc reported $691K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Yellow Door Foundation Inc tax-deductible?
Yellow Door Foundation Inc is registered as a tax-exempt nonprofit (EIN: 821240949). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Yellow Door Foundation Inc located?
Yellow Door Foundation Inc is headquartered in Charlottesvle, Virginia and files with the IRS under EIN 821240949. It is classified under NTEE code L40.
How many years of IRS 990 filings does Yellow Door Foundation Inc have?
Yellow Door Foundation Inc has 6 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 $691K in total revenue.
Filing History
IRS 990 filing history for Yellow Door Foundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Yellow Door Foundation Inc's revenue has grown by 123%, moving from $166K to $371K. Total assets increased by 397.8% over the same period, from $46K to $228K. Total functional expenses rose by 221.9%, from $122K to $393K. In its most recent filing year (2023), Yellow Door Foundation Inc reported a deficit of $22K, with expenses exceeding revenue. The organization holds $885 in liabilities against $228K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $227K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $371K | $393K | $228K | $885 | — | — |
| 2022 | $378K | $308K | $250K | $723 | — | — |
| 2021 | $356K | $271K | $189K | $10K | — | View 990 |
| 2020 | $256K | $199K | $93K | $0 | — | View 990 |
| 2019 | $147K | $153K | $36K | $0 | — | View 990 |
| 2018 | $166K | $122K | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $371K, expenses of $393K, and assets of $228K (revenue -1.9% year-over-year).
- 2022: Revenue of $378K, expenses of $308K, and assets of $250K (revenue +6.2% year-over-year).
- 2021: Revenue of $356K, expenses of $271K, and assets of $189K (revenue +39.1% year-over-year).
- 2020: Revenue of $256K, expenses of $199K, and assets of $93K (revenue +73.9% year-over-year).
- 2019: Revenue of $147K, expenses of $153K, and assets of $36K (revenue -11.6% year-over-year).
- 2018: Revenue of $166K, expenses of $122K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Yellow Door Foundation Inc:
Data Sources and Methodology
This transparency report for Yellow Door Foundation 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.