Elk Point Jefferson Educational Foundation
EIN: 452531813 · Elk Point, SD · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $71K |
| Total Expenses | $43K |
| Net Assets | $25K |
Is Elk Point Jefferson Educational Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Elk Point Jefferson Educational Foundation
Elk Point Jefferson Educational Foundation (EIN: 452531813) is a nonprofit organization based in Elk Point, SD, classified under NTEE code B82. The organization reported total revenue of $71K and total assets of $86K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elk Point Jefferson Educational Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elk Point Jefferson Educational Foundation is a micro nonprofit that has been operating for 14 years, with 6 years of IRS 990 filings on record (2019–2024). Revenue has grown at a compound annual rate of -4.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $43K |
| Surplus / Deficit | +$7K |
| Total Assets | $50K |
| Total Liabilities | $25K |
| Net Assets | $25K |
| Operating Margin | 14.7% |
| Debt-to-Asset Ratio | 50.2% |
| Months of Reserves | 14.0 months |
Financial Health Grade: A
In 2024, Elk Point Jefferson Educational Foundation reported a surplus of $7K with revenue exceeding expenses, holds 14.0 months of operating reserves (strong position), has a debt-to-asset ratio of 50.2% (high leverage).
Financial Trends
Over 6 years of filings (2019–2024), Elk Point Jefferson Educational Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +12.6% | -4.9% | -9.9% |
| 2023 | +42.4% | +61.4% | +27.0% |
| 2022 | -37.8% | -36.1% | -14.0% |
| 2021 | +64.7% | +54.1% | +541.8% |
| 2020 | -51.9% | -54.4% | +38.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Elk Point Jefferson Educational Foundation 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 Elk Point Jefferson Educational Foundation 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 surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.2%.
Frequently Asked Questions about Elk Point Jefferson Educational Foundation
Is Elk Point Jefferson Educational Foundation a legitimate charity?
Elk Point Jefferson Educational Foundation (EIN: 452531813) is a registered tax-exempt nonprofit based in South Dakota. It has 6 years of IRS 990 filings on record. Total revenue: $71K. No red flags identified. Financial health grade: A.
How does Elk Point Jefferson Educational Foundation spend its money?
Elk Point Jefferson Educational Foundation reported $71K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Elk Point Jefferson Educational Foundation tax-deductible?
Elk Point Jefferson Educational Foundation is registered as a tax-exempt nonprofit (EIN: 452531813). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Elk Point Jefferson Educational Foundation located?
Elk Point Jefferson Educational Foundation is headquartered in Elk Point, South Dakota and files with the IRS under EIN 452531813. It is classified under NTEE code B82.
How many years of IRS 990 filings does Elk Point Jefferson Educational Foundation have?
Elk Point Jefferson Educational Foundation has 6 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 $71K in total revenue.
Filing History
IRS 990 filing history for Elk Point Jefferson Educational Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2019–2024), Elk Point Jefferson Educational Foundation's revenue has declined by 21%, moving from $64K to $50K. Total assets increased by 775.8% over the same period, from $6K to $50K. Total functional expenses fell by 31.1%, from $62K to $43K. In its most recent filing year (2024), Elk Point Jefferson Educational Foundation reported a surplus of $7K, with revenue exceeding expenses. The organization holds $25K in liabilities against $50K in assets (debt-to-asset ratio: 50.2%), resulting in net assets of $25K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $50K | $43K | $50K | $25K | — | — |
| 2023 | $45K | $45K | $56K | $38K | — | View 990 |
| 2022 | $31K | $28K | $44K | $26K | — | — |
| 2021 | $50K | $44K | $51K | $36K | — | — |
| 2020 | $31K | $28K | $8K | $0 | — | View 990 |
| 2019 | $64K | $62K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $50K, expenses of $43K, and assets of $50K (revenue +12.6% year-over-year).
- 2023: Revenue of $45K, expenses of $45K, and assets of $56K (revenue +42.4% year-over-year).
- 2022: Revenue of $31K, expenses of $28K, and assets of $44K (revenue -37.8% year-over-year).
- 2021: Revenue of $50K, expenses of $44K, and assets of $51K (revenue +64.7% year-over-year).
- 2020: Revenue of $31K, expenses of $28K, and assets of $8K (revenue -51.9% year-over-year).
- 2019: Revenue of $64K, expenses of $62K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elk Point Jefferson Educational Foundation:
Data Sources and Methodology
This transparency report for Elk Point Jefferson Educational Foundation 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.