Black Hills Soaring Club Inc
EIN: 450529631 · Rapid City, SD · NTEE: N50
| Metric | Value |
|---|---|
| Total Expenses | $14K |
| Net Assets | $7K |
Is Black Hills Soaring Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Black Hills Soaring Club Inc
Black Hills Soaring Club Inc (EIN: 450529631) is a nonprofit organization based in Rapid City, SD, classified under NTEE code N50. 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 Black Hills Soaring Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Black Hills Soaring Club Inc is a micro nonprofit that has been operating for 12 years, with 2 years of IRS 990 filings on record (2011–2012). Revenue has grown at a compound annual rate of 14.5%.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $14K |
| Surplus / Deficit | $-1,469 |
| Total Assets | $15K |
| Total Liabilities | $8K |
| Net Assets | $7K |
| Operating Margin | -11.6% |
| Debt-to-Asset Ratio | 54.9% |
| Months of Reserves | 12.4 months |
Financial Health Grade: C
In 2012, Black Hills Soaring Club Inc reported a deficit of $1K with expenses exceeding revenue, holds 12.4 months of operating reserves (strong position), has a debt-to-asset ratio of 54.9% (high leverage).
Financial Trends
Over 2 years of filings (2011–2012), Black Hills Soaring Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2012 | +14.5% | +22.7% | -19.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Black Hills Soaring Club 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 Black Hills Soaring Club 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 (2012)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 54.9%.
Frequently Asked Questions about Black Hills Soaring Club Inc
Is Black Hills Soaring Club Inc a legitimate charity?
Black Hills Soaring Club Inc (EIN: 450529631) is a registered tax-exempt nonprofit based in South Dakota. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Black Hills Soaring Club Inc spend its money?
Black Hills Soaring Club Inc reported its financials in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Black Hills Soaring Club Inc tax-deductible?
Black Hills Soaring Club Inc is registered as a tax-exempt nonprofit (EIN: 450529631). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Black Hills Soaring Club Inc located?
Black Hills Soaring Club Inc is headquartered in Rapid City, South Dakota and files with the IRS under EIN 450529631. It is classified under NTEE code N50.
How many years of IRS 990 filings does Black Hills Soaring Club Inc have?
Black Hills Soaring Club Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Black Hills Soaring Club Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2012), Black Hills Soaring Club Inc's revenue has grown by 14.5%, moving from $11K to $13K. Total assets decreased by 19.2% over the same period, from $18K to $15K. Total functional expenses rose by 22.7%, from $11K to $14K. In its most recent filing year (2012), Black Hills Soaring Club Inc reported a deficit of $1K, with expenses exceeding revenue. The organization holds $8K in liabilities against $15K in assets (debt-to-asset ratio: 54.9%), resulting in net assets of $7K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $13K | $14K | $15K | $8K | — | View 990 |
| 2011 | $11K | $11K | $18K | $10K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Black Hills Soaring Club Inc:
Data Sources and Methodology
This transparency report for Black Hills Soaring Club 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.