Boyd County Senior Citizens
EIN: 470615211 · Spencer, NE
| Metric | Value |
|---|---|
| Total Revenue | $53K |
| Total Expenses | $87K |
| Net Assets | $1 |
Is Boyd County Senior Citizens Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Boyd County Senior Citizens
Boyd County Senior Citizens (EIN: 470615211) is a nonprofit organization based in Spencer, NE. The organization reported total revenue of $53K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boyd County Senior Citizens's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boyd County Senior Citizens is a micro nonprofit that has been operating for 43 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $53K |
| Total Expenses | $87K |
| Surplus / Deficit | $-33,822 |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | -63.5% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2024, Boyd County Senior Citizens reported a deficit of $34K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2011–2024), Boyd County Senior Citizens's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -7.3% | +44.0% | -100.0% |
| 2023 | -9.0% | -30.2% | -6.8% |
| 2022 | -13.3% | +3.7% | -34.8% |
| 2021 | +17.1% | +60.7% | -13.7% |
| 2020 | +26.9% | -17.3% | +15.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Boyd County Senior Citizens 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 Boyd County Senior Citizens 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 deficit of $34K, with expenses exceeding revenue.
Frequently Asked Questions about Boyd County Senior Citizens
Is Boyd County Senior Citizens a legitimate charity?
Based on AI analysis of IRS 990 filings, Boyd County Senior Citizens (EIN: 470615211) insufficient data. 0 red flags identified, 0 strengths noted.
How does Boyd County Senior Citizens spend its money?
Detailed spending breakdown data is not yet available for Boyd County Senior Citizens. Check back for updated IRS 990 analysis.
Are donations to Boyd County Senior Citizens tax-deductible?
Boyd County Senior Citizens is registered as a tax-exempt nonprofit (EIN: 470615211). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Boyd County Senior Citizens located?
Boyd County Senior Citizens is headquartered in Spencer, Nebraska and files with the IRS under EIN 470615211.
How many years of IRS 990 filings does Boyd County Senior Citizens have?
Boyd County Senior Citizens has 14 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 $53K in total revenue.
Filing History
IRS 990 filing history for Boyd County Senior Citizens showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Boyd County Senior Citizens's revenue has grown by 12.6%, moving from $47K to $53K. Total assets decreased by 100% over the same period, from $60K to $1. Total functional expenses rose by 76.9%, from $49K to $87K. In its most recent filing year (2024), Boyd County Senior Citizens reported a deficit of $34K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $53K | $87K | $1 | $0 | — | — |
| 2023 | $58K | $60K | $41K | $0 | — | — |
| 2022 | $63K | $87K | $44K | $0 | — | — |
| 2021 | $73K | $84K | $67K | $0 | — | — |
| 2020 | $62K | $52K | $78K | $0 | — | View 990 |
| 2019 | $49K | $63K | $68K | $0 | — | View 990 |
| 2018 | $65K | $61K | $69K | $0 | — | View 990 |
| 2017 | $65K | $69K | $56K | $0 | — | View 990 |
| 2016 | $82K | $77K | $60K | $0 | — | View 990 |
| 2015 | $76K | $83K | $56K | $1K | — | View 990 |
| 2014 | $74K | $74K | $71K | $1K | — | View 990 |
| 2013 | $67K | $56K | $75K | $6K | — | View 990 |
| 2012 | $58K | $52K | $58K | $0 | — | View 990 |
| 2011 | $47K | $49K | $60K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $53K, expenses of $87K, and assets of $1 (revenue -7.3% year-over-year).
- 2023: Revenue of $58K, expenses of $60K, and assets of $41K (revenue -9.0% year-over-year).
- 2022: Revenue of $63K, expenses of $87K, and assets of $44K (revenue -13.3% year-over-year).
- 2021: Revenue of $73K, expenses of $84K, and assets of $67K (revenue +17.1% year-over-year).
- 2020: Revenue of $62K, expenses of $52K, and assets of $78K (revenue +26.9% year-over-year).
- 2019: Revenue of $49K, expenses of $63K, and assets of $68K (revenue -24.6% year-over-year).
- 2018: Revenue of $65K, expenses of $61K, and assets of $69K (revenue +0.2% year-over-year).
- 2017: Revenue of $65K, expenses of $69K, and assets of $56K (revenue -20.8% year-over-year).
- 2016: Revenue of $82K, expenses of $77K, and assets of $60K (revenue +7.8% year-over-year).
- 2015: Revenue of $76K, expenses of $83K, and assets of $56K (revenue +2.2% year-over-year).
- 2014: Revenue of $74K, expenses of $74K, and assets of $71K (revenue +11.1% year-over-year).
- 2013: Revenue of $67K, expenses of $56K, and assets of $75K (revenue +15.7% year-over-year).
- 2012: Revenue of $58K, expenses of $52K, and assets of $58K (revenue +22.4% year-over-year).
- 2011: Revenue of $47K, expenses of $49K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boyd County Senior Citizens:
Data Sources and Methodology
This transparency report for Boyd County Senior Citizens 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.