Discovery Elementary Pto Incorporated
EIN: 260734985 · Sioux Falls, SD · NTEE: B94
| Metric | Value |
|---|---|
| Total Revenue | $62K |
| Total Expenses | $30K |
| Net Assets | $79K |
Is Discovery Elementary Pto Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Discovery Elementary Pto Incorporated
Discovery Elementary Pto Incorporated (EIN: 260734985) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code B94. The organization reported total revenue of $62K and total assets of $90K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Discovery Elementary Pto Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Discovery Elementary Pto Incorporated is a micro nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2013–2024). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $30K |
| Surplus / Deficit | $-10,387 |
| Total Assets | $79K |
| Net Assets | $79K |
| Operating Margin | -53.2% |
| Months of Reserves | 31.7 months |
Financial Health Grade: B
In 2024, Discovery Elementary Pto Incorporated reported a deficit of $10K with expenses exceeding revenue, holds 31.7 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2013–2024), Discovery Elementary Pto Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -61.7% | +10.3% | -11.6% |
| 2023 | +51.1% | -39.9% | +36.4% |
| 2022 | -51.4% | +188.6% | -14.8% |
| 2021 | +293.5% | -22.6% | +231.8% |
| 2020 | -71.9% | -80.5% | -10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Discovery Elementary Pto Incorporated 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 Discovery Elementary Pto Incorporated 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 $10K, with expenses exceeding revenue.
Frequently Asked Questions about Discovery Elementary Pto Incorporated
Is Discovery Elementary Pto Incorporated a legitimate charity?
Discovery Elementary Pto Incorporated (EIN: 260734985) is a registered tax-exempt nonprofit based in South Dakota. It has 12 years of IRS 990 filings on record. Total revenue: $62K. No red flags identified. Financial health grade: B.
How does Discovery Elementary Pto Incorporated spend its money?
Discovery Elementary Pto Incorporated reported $62K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Discovery Elementary Pto Incorporated tax-deductible?
Discovery Elementary Pto Incorporated is registered as a tax-exempt nonprofit (EIN: 260734985). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Discovery Elementary Pto Incorporated located?
Discovery Elementary Pto Incorporated is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 260734985. It is classified under NTEE code B94.
How many years of IRS 990 filings does Discovery Elementary Pto Incorporated have?
Discovery Elementary Pto Incorporated has 12 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 $62K in total revenue.
Filing History
IRS 990 filing history for Discovery Elementary Pto Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2013–2024), Discovery Elementary Pto Incorporated's revenue has grown by 1.1%, moving from $19K to $20K. Total assets increased by 210.5% over the same period, from $25K to $79K. Total functional expenses rose by 18.1%, from $25K to $30K. In its most recent filing year (2024), Discovery Elementary Pto Incorporated reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $20K | $30K | $79K | $0 | — | — |
| 2023 | $51K | $27K | $89K | $0 | — | View 990 |
| 2022 | $34K | $45K | $65K | $0 | — | — |
| 2021 | $69K | $16K | $77K | $0 | — | — |
| 2020 | $18K | $20K | $23K | $0 | — | — |
| 2019 | $63K | $104K | $26K | $0 | — | View 990 |
| 2018 | $38K | $6K | $67K | $0 | — | View 990 |
| 2017 | $31K | $17K | $35K | $0 | — | View 990 |
| 2016 | $24K | $22K | $21K | $0 | — | View 990 |
| 2015 | $19K | $23K | $19K | $0 | — | View 990 |
| 2014 | $19K | $21K | $23K | $0 | — | View 990 |
| 2013 | $19K | $25K | $25K | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $20K, expenses of $30K, and assets of $79K (revenue -61.7% year-over-year).
- 2023: Revenue of $51K, expenses of $27K, and assets of $89K (revenue +51.1% year-over-year).
- 2022: Revenue of $34K, expenses of $45K, and assets of $65K (revenue -51.4% year-over-year).
- 2021: Revenue of $69K, expenses of $16K, and assets of $77K (revenue +293.5% year-over-year).
- 2020: Revenue of $18K, expenses of $20K, and assets of $23K (revenue -71.9% year-over-year).
- 2019: Revenue of $63K, expenses of $104K, and assets of $26K (revenue +66.6% year-over-year).
- 2018: Revenue of $38K, expenses of $6K, and assets of $67K (revenue +22.6% year-over-year).
- 2017: Revenue of $31K, expenses of $17K, and assets of $35K (revenue +28.5% year-over-year).
- 2016: Revenue of $24K, expenses of $22K, and assets of $21K (revenue +28.6% year-over-year).
- 2015: Revenue of $19K, expenses of $23K, and assets of $19K (revenue -2.4% year-over-year).
- 2014: Revenue of $19K, expenses of $21K, and assets of $23K (revenue -1.4% year-over-year).
- 2013: Revenue of $19K, expenses of $25K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Discovery Elementary Pto Incorporated:
Data Sources and Methodology
This transparency report for Discovery Elementary Pto Incorporated 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.