Zing Foundation Inc
EIN: 571190359 · Arlington, MA
Is Zing 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 Zing Foundation Inc
Zing Foundation Inc (EIN: 571190359) is a nonprofit organization based in Arlington, MA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zing Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Zing Foundation Inc is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -9.4%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $311K |
| Total Expenses | $296K |
| Surplus / Deficit | +$15K |
| Total Assets | $14K |
| Net Assets | $14K |
| Operating Margin | 4.9% |
| Months of Reserves | 0.5 months |
Financial Health Grade: A
In 2016, Zing Foundation Inc reported a surplus of $15K with revenue exceeding expenses, holds 0.5 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2011–2016), Zing Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -36.5% | -48.4% | +131.2% |
| 2015 | -31.9% | -36.4% | -95.1% |
| 2014 | -24.5% | +0.9% | -56.4% |
| 2013 | +16.4% | +25.5% | -15.2% |
| 2012 | +61.0% | -4.9% | +194.5% |
AI Analysis Pending
AI enrichment for Zing 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 Zing 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
Frequently Asked Questions about Zing Foundation Inc
Is Zing Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Zing Foundation Inc (EIN: 571190359) insufficient data. 0 red flags identified, 0 strengths noted.
How does Zing Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Zing Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Zing Foundation Inc tax-deductible?
Zing Foundation Inc is registered as a tax-exempt nonprofit (EIN: 571190359). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Zing Foundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Zing Foundation Inc's revenue has declined by 38.9%, moving from $509K to $311K. Total assets decreased by 87.7% over the same period, from $110K to $14K. Total functional expenses fell by 60.5%, from $749K to $296K. In its most recent filing year (2016), Zing Foundation Inc reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $311K | $296K | $14K | $0 | — | — |
| 2015 | $491K | $574K | $6K | $8K | — | View 990 |
| 2014 | $720K | $903K | $119K | $35K | — | View 990 |
| 2013 | $954K | $895K | $274K | $7K | — | View 990 |
| 2012 | $820K | $713K | $323K | $116K | — | View 990 |
| 2011 | $509K | $749K | $110K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $311K, expenses of $296K, and assets of $14K (revenue -36.5% year-over-year).
- 2015: Revenue of $491K, expenses of $574K, and assets of $6K (revenue -31.9% year-over-year).
- 2014: Revenue of $720K, expenses of $903K, and assets of $119K (revenue -24.5% year-over-year).
- 2013: Revenue of $954K, expenses of $895K, and assets of $274K (revenue +16.4% year-over-year).
- 2012: Revenue of $820K, expenses of $713K, and assets of $323K (revenue +61.0% year-over-year).
- 2011: Revenue of $509K, expenses of $749K, and assets of $110K.
Data Sources and Methodology
This transparency report for Zing 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.