Atlantic Rock Island Society
EIN: 421396129 · Atlantic, IA · NTEE: A82
| Metric | Value |
|---|---|
| Total Revenue | $89K |
| Total Expenses | $45K |
| Net Assets | $228K |
Is Atlantic Rock Island Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Atlantic Rock Island Society
Atlantic Rock Island Society (EIN: 421396129) is a nonprofit organization based in Atlantic, IA, classified under NTEE code A82. The organization reported total revenue of $89K and total assets of $194K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlantic Rock Island Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Atlantic Rock Island Society is a micro nonprofit that has been operating for 3 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -13.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $43K |
| Total Expenses | $45K |
| Surplus / Deficit | $-2,166 |
| Total Assets | $231K |
| Total Liabilities | $4K |
| Net Assets | $228K |
| Operating Margin | -5.0% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 61.5 months |
Financial Health Grade: B
In 2023, Atlantic Rock Island Society reported a deficit of $2K with expenses exceeding revenue, holds 61.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Atlantic Rock Island Society's revenue has declined at a compound annual growth rate (CAGR) of -13.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.9% | +1.4% | +2.1% |
| 2022 | -61.0% | +142.0% | -71.3% |
| 2021 | +128.0% | — | +12.5% |
| 2020 | -48.8% | -100.0% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Atlantic Rock Island Society 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 Atlantic Rock Island Society 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 $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.6%.
Frequently Asked Questions about Atlantic Rock Island Society
Is Atlantic Rock Island Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Atlantic Rock Island Society (EIN: 421396129) insufficient data. 0 red flags identified, 0 strengths noted.
How does Atlantic Rock Island Society spend its money?
Detailed spending breakdown data is not yet available for Atlantic Rock Island Society. Check back for updated IRS 990 analysis.
Are donations to Atlantic Rock Island Society tax-deductible?
Atlantic Rock Island Society is registered as a tax-exempt nonprofit (EIN: 421396129). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Atlantic Rock Island Society located?
Atlantic Rock Island Society is headquartered in Atlantic, Iowa and files with the IRS under EIN 421396129. It is classified under NTEE code A82.
How many years of IRS 990 filings does Atlantic Rock Island Society have?
Atlantic Rock Island Society has 5 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 $89K in total revenue.
Filing History
IRS 990 filing history for Atlantic Rock Island Society showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Atlantic Rock Island Society's revenue has declined by 44.9%, moving from $78K to $43K. Total assets decreased by 66.8% over the same period, from $696K to $231K. Total functional expenses fell by 19.5%, from $56K to $45K. In its most recent filing year (2023), Atlantic Rock Island Society reported a deficit of $2K, with expenses exceeding revenue. The organization holds $4K in liabilities against $231K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $228K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $43K | $45K | $231K | $4K | — | — |
| 2022 | $36K | $44K | $226K | $748 | — | View 990 |
| 2021 | $91K | $18K | $789K | $1K | — | — |
| 2020 | $40K | $0 | $701K | $2K | — | — |
| 2019 | $78K | $56K | $696K | $885 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $43K, expenses of $45K, and assets of $231K (revenue +20.9% year-over-year).
- 2022: Revenue of $36K, expenses of $44K, and assets of $226K (revenue -61.0% year-over-year).
- 2021: Revenue of $91K, expenses of $18K, and assets of $789K (revenue +128.0% year-over-year).
- 2020: Revenue of $40K, expenses of $0, and assets of $701K (revenue -48.8% year-over-year).
- 2019: Revenue of $78K, expenses of $56K, and assets of $696K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Atlantic Rock Island Society:
Data Sources and Methodology
This transparency report for Atlantic Rock Island Society 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.