Yic Launch Pad
EIN: 454889219 · Everett, WA · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $277K |
| Total Expenses | $147K |
| Net Assets | $45K |
Is Yic Launch Pad Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Yic Launch Pad
Yic Launch Pad (EIN: 454889219) is a nonprofit organization based in Everett, WA, classified under NTEE code P20. The organization reported total revenue of $277K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Yic Launch Pad's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Yic Launch Pad is a small nonprofit that has been operating for 5 years.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $192K |
| Total Expenses | $147K |
| Surplus / Deficit | +$45K |
| Total Assets | $45K |
| Net Assets | $45K |
| Operating Margin | 23.5% |
| Months of Reserves | 3.7 months |
Financial Health Grade: A
In 2024, Yic Launch Pad reported a surplus of $45K with revenue exceeding expenses, holds 3.7 months of operating reserves (adequate).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Yic Launch Pad 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 Yic Launch Pad 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $45K, with revenue exceeding expenses.
Frequently Asked Questions about Yic Launch Pad
Is Yic Launch Pad a legitimate charity?
Yic Launch Pad (EIN: 454889219) is a registered tax-exempt nonprofit based in Washington. Total revenue: $277K. No red flags identified. Financial health grade: A.
How does Yic Launch Pad spend its money?
Yic Launch Pad reported $277K in total revenue in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Yic Launch Pad tax-deductible?
Yic Launch Pad is registered as a tax-exempt nonprofit (EIN: 454889219). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Yic Launch Pad located?
Yic Launch Pad is headquartered in Everett, Washington and files with the IRS under EIN 454889219. It is classified under NTEE code P20.
Filing History
IRS 990 filing history for Yic Launch Pad showing financial trends over 1 year of public records:
In its most recent filing year (2024), Yic Launch Pad reported a surplus of $45K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $192K | $147K | $45K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Yic Launch Pad:
Data Sources and Methodology
This transparency report for Yic Launch Pad 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.