Eureka Community Development Co Inc
EIN: 460388457 · Eureka, SD
| Metric | Value |
|---|---|
| Total Revenue | $91K |
| Total Expenses | $18K |
| Net Assets | $202K |
Is Eureka Community Development Co Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Eureka Community Development Co Inc
Eureka Community Development Co Inc (EIN: 460388457) is a nonprofit organization based in Eureka, SD. The organization reported total revenue of $91K and total assets of $237K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eureka Community Development Co Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eureka Community Development Co Inc is a micro nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -22.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $18K |
| Surplus / Deficit | $-14,262 |
| Total Assets | $202K |
| Net Assets | $202K |
| Operating Margin | -384.4% |
| Months of Reserves | 134.7 months |
Financial Health Grade: B
In 2023, Eureka Community Development Co Inc reported a deficit of $14K with expenses exceeding revenue, holds 134.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Eureka Community Development Co Inc's revenue has declined at a compound annual growth rate (CAGR) of -22.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -46.2% | -23.0% | -6.6% |
| 2022 | +560.8% | -9.6% | -7.2% |
| 2021 | -99.5% | +76.2% | -9.5% |
| 2020 | +1026.8% | -35.7% | +268.4% |
| 2019 | -16.1% | -40.6% | -8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Eureka Community Development Co 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 Eureka Community Development Co 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 $14K, with expenses exceeding revenue.
Frequently Asked Questions about Eureka Community Development Co Inc
Is Eureka Community Development Co Inc a legitimate charity?
Eureka Community Development Co Inc (EIN: 460388457) is a registered tax-exempt nonprofit based in South Dakota. It has 13 years of IRS 990 filings on record. Total revenue: $91K. No red flags identified. Financial health grade: B.
How does Eureka Community Development Co Inc spend its money?
Eureka Community Development Co Inc reported $91K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Eureka Community Development Co Inc tax-deductible?
Eureka Community Development Co Inc is registered as a tax-exempt nonprofit (EIN: 460388457). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eureka Community Development Co Inc located?
Eureka Community Development Co Inc is headquartered in Eureka, South Dakota and files with the IRS under EIN 460388457.
How many years of IRS 990 filings does Eureka Community Development Co Inc have?
Eureka Community Development Co Inc has 13 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 $91K in total revenue.
Filing History
IRS 990 filing history for Eureka Community Development Co Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eureka Community Development Co Inc's revenue has declined by 95%, moving from $75K to $4K. Total assets decreased by 32.5% over the same period, from $299K to $202K. Total functional expenses fell by 73.5%, from $68K to $18K. In its most recent filing year (2023), Eureka Community Development Co Inc reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $18K | $202K | $0 | — | View 990 |
| 2022 | $7K | $23K | $216K | $0 | — | View 990 |
| 2021 | $1K | $26K | $233K | $284 | — | View 990 |
| 2020 | $202K | $15K | $257K | $0 | — | View 990 |
| 2019 | $18K | $23K | $70K | $6 | — | View 990 |
| 2018 | $21K | $38K | $76K | $1K | — | View 990 |
| 2017 | $26K | $50K | $92K | $11 | — | View 990 |
| 2016 | $25K | $49K | $119K | $3K | — | View 990 |
| 2015 | $51K | $53K | $143K | $3K | — | View 990 |
| 2014 | $87K | $62K | $197K | $55K | — | View 990 |
| 2013 | $61K | $95K | $211K | $96K | — | View 990 |
| 2012 | $67K | $100K | $254K | $105K | — | View 990 |
| 2011 | $75K | $68K | $299K | $116K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4K, expenses of $18K, and assets of $202K (revenue -46.2% year-over-year).
- 2022: Revenue of $7K, expenses of $23K, and assets of $216K (revenue +560.8% year-over-year).
- 2021: Revenue of $1K, expenses of $26K, and assets of $233K (revenue -99.5% year-over-year).
- 2020: Revenue of $202K, expenses of $15K, and assets of $257K (revenue +1026.8% year-over-year).
- 2019: Revenue of $18K, expenses of $23K, and assets of $70K (revenue -16.1% year-over-year).
- 2018: Revenue of $21K, expenses of $38K, and assets of $76K (revenue -18.6% year-over-year).
- 2017: Revenue of $26K, expenses of $50K, and assets of $92K (revenue +6.0% year-over-year).
- 2016: Revenue of $25K, expenses of $49K, and assets of $119K (revenue -51.9% year-over-year).
- 2015: Revenue of $51K, expenses of $53K, and assets of $143K (revenue -40.7% year-over-year).
- 2014: Revenue of $87K, expenses of $62K, and assets of $197K (revenue +42.3% year-over-year).
- 2013: Revenue of $61K, expenses of $95K, and assets of $211K (revenue -9.4% year-over-year).
- 2012: Revenue of $67K, expenses of $100K, and assets of $254K (revenue -10.0% year-over-year).
- 2011: Revenue of $75K, expenses of $68K, and assets of $299K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eureka Community Development Co Inc:
Data Sources and Methodology
This transparency report for Eureka Community Development Co 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.