This I Believe Inc is a 501(c)(3) organization based in Louisville, Kentucky, registered in 2006, with $50,258 in FY2021 revenue. CharityIndex grades it C+.
Revenue (FY2021)
$50K
▲ 6.5% vs prior year
Arts & Culture median: $159K
Expenses (FY2021)
$50K
Net assets
$27K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for This I Believe Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For This I Believe Inc: 6 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for This I Believe Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For This I Believe Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $44K (FY2018) to $50K (FY2021) across 4 reported years.
Financial snapshot
Operating margin
0.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$28K
Total liabilities
$1,295
Net assets
$27K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2021 | $50,258▲6.5% | $50,127▲7.5% | $26,715▲0.5% | $28,010▲2.4% | 990EZ |
| 2020 | $47,186▼10.2% | $46,620▲14.3% | $26,584▲2.2% | $27,345▲3.4% | 990EZ |
| 2019 | $52,552▲20.3% | $40,780▼22.4% | $26,017▲82.6% | $26,458▲65.6% | 990EZ |
| 2018 | $43,685 | $52,526 | $14,245 | $15,977 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for This I Believe Inc (EIN 68-0597809) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.