Cure Spg47 Inc
EIN: 814300824 · Salisbury, MA · NTEE: H12
| Metric | Value |
|---|---|
| Total Revenue | $442K |
| Total Expenses | $304K |
| Net Assets | $509K |
Is Cure Spg47 Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cure Spg47 Inc
Cure Spg47 Inc (EIN: 814300824) is a nonprofit organization based in Salisbury, MA, classified under NTEE code H12. The organization reported total revenue of $442K and total assets of $586K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cure Spg47 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cure Spg47 Inc is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -10.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $221K |
| Total Expenses | $304K |
| Surplus / Deficit | $-82,736 |
| Total Assets | $523K |
| Total Liabilities | $14K |
| Net Assets | $509K |
| Operating Margin | -37.5% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 20.7 months |
Financial Health Grade: B
In 2023, Cure Spg47 Inc reported a deficit of $83K with expenses exceeding revenue, holds 20.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Cure Spg47 Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.0% | +88.3% | -14.4% |
| 2022 | +10.6% | -42.5% | +42.8% |
| 2021 | +28.2% | +46.3% | -7.8% |
| 2020 | -7.1% | +9.7% | +31.3% |
| 2019 | -13.6% | -45.5% | +25.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cure Spg47 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 Cure Spg47 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $83K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Frequently Asked Questions about Cure Spg47 Inc
Is Cure Spg47 Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cure Spg47 Inc (EIN: 814300824) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cure Spg47 Inc spend its money?
Detailed spending breakdown data is not yet available for Cure Spg47 Inc. Check back for updated IRS 990 analysis.
Are donations to Cure Spg47 Inc tax-deductible?
Cure Spg47 Inc is registered as a tax-exempt nonprofit (EIN: 814300824). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cure Spg47 Inc located?
Cure Spg47 Inc is headquartered in Salisbury, Massachusetts and files with the IRS under EIN 814300824. It is classified under NTEE code H12.
How many years of IRS 990 filings does Cure Spg47 Inc have?
Cure Spg47 Inc has 7 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 $442K in total revenue.
Filing History
IRS 990 filing history for Cure Spg47 Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Cure Spg47 Inc's revenue has declined by 48.9%, moving from $432K to $221K. Total assets increased by 74.4% over the same period, from $300K to $523K. Total functional expenses rose by 69.1%, from $179K to $304K. In its most recent filing year (2023), Cure Spg47 Inc reported a deficit of $83K, with expenses exceeding revenue. The organization holds $14K in liabilities against $523K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $509K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $221K | $304K | $523K | $14K | — | View 990 |
| 2022 | $335K | $161K | $611K | $19K | — | — |
| 2021 | $302K | $280K | $428K | $9K | — | View 990 |
| 2020 | $236K | $192K | $464K | $68K | — | — |
| 2019 | $254K | $175K | $354K | $1K | — | View 990 |
| 2018 | $294K | $321K | $281K | $8K | — | — |
| 2017 | $432K | $179K | $300K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $221K, expenses of $304K, and assets of $523K (revenue -34.0% year-over-year).
- 2022: Revenue of $335K, expenses of $161K, and assets of $611K (revenue +10.6% year-over-year).
- 2021: Revenue of $302K, expenses of $280K, and assets of $428K (revenue +28.2% year-over-year).
- 2020: Revenue of $236K, expenses of $192K, and assets of $464K (revenue -7.1% year-over-year).
- 2019: Revenue of $254K, expenses of $175K, and assets of $354K (revenue -13.6% year-over-year).
- 2018: Revenue of $294K, expenses of $321K, and assets of $281K (revenue -32.1% year-over-year).
- 2017: Revenue of $432K, expenses of $179K, and assets of $300K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cure Spg47 Inc:
Data Sources and Methodology
This transparency report for Cure Spg47 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.