Yes You Can Inc
EIN: 371794667 · Reno, NV · NTEE: E80
| Metric | Value |
|---|---|
| Total Revenue | $464 |
| Total Expenses | $126K |
| Net Assets | $394K |
Is Yes You Can Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Yes You Can Inc
Yes You Can Inc (EIN: 371794667) is a nonprofit organization based in Reno, NV, classified under NTEE code E80. The organization reported total revenue of $464 and total assets of $138K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Yes You Can Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Yes You Can Inc is a micro nonprofit that has been operating for 10 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -80.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $126K |
| Surplus / Deficit | $-104,966 |
| Total Assets | $394K |
| Net Assets | $394K |
| Operating Margin | -504.2% |
| Months of Reserves | 37.6 months |
Financial Health Grade: B
In 2023, Yes You Can Inc reported a deficit of $105K with expenses exceeding revenue, holds 37.6 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Yes You Can Inc's revenue has declined at a compound annual growth rate (CAGR) of -80.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.0% | -36.1% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Yes You Can 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 Yes You Can 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 $105K, with expenses exceeding revenue.
Frequently Asked Questions about Yes You Can Inc
Is Yes You Can Inc a legitimate charity?
Yes You Can Inc (EIN: 371794667) is a registered tax-exempt nonprofit based in Nevada. It has 3 years of IRS 990 filings on record. Total revenue: $464. No red flags identified. Financial health grade: B.
How does Yes You Can Inc spend its money?
Yes You Can Inc reported $464 in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Yes You Can Inc tax-deductible?
Yes You Can Inc is registered as a tax-exempt nonprofit (EIN: 371794667). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Yes You Can Inc located?
Yes You Can Inc is headquartered in Reno, Nevada and files with the IRS under EIN 371794667. It is classified under NTEE code E80.
How many years of IRS 990 filings does Yes You Can Inc have?
Yes You Can Inc has 3 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 $464 in total revenue.
Filing History
IRS 990 filing history for Yes You Can Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Yes You Can Inc's revenue has declined by 96%, moving from $524K to $21K. Total assets decreased by 26.8% over the same period, from $539K to $394K. Total functional expenses rose by 2544.8%, from $5K to $126K. In its most recent filing year (2023), Yes You Can Inc reported a deficit of $105K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21K | $126K | $394K | $0 | — | — |
| 2022 | $0 | $3K | $497K | $0 | — | View 990 |
| 2021 | $524K | $5K | $539K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $21K, expenses of $126K, and assets of $394K.
- 2022: Revenue of $0, expenses of $3K, and assets of $497K (revenue -100.0% year-over-year).
- 2021: Revenue of $524K, expenses of $5K, and assets of $539K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Yes You Can Inc:
Data Sources and Methodology
This transparency report for Yes You Can 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.