Glacial Lakes Area Development
EIN: 870787080 · Britton, SD · NTEE: S300
Is Glacial Lakes Area Development Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Glacial Lakes Area Development
Glacial Lakes Area Development (EIN: 870787080) is a nonprofit organization based in Britton, SD, classified under NTEE code S300. The organization reported total revenue of $129K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glacial Lakes Area Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Glacial Lakes Area Development 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 Glacial Lakes Area Development 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.
Frequently Asked Questions about Glacial Lakes Area Development
Is Glacial Lakes Area Development a legitimate charity?
Based on AI analysis of IRS 990 filings, Glacial Lakes Area Development (EIN: 870787080) insufficient data. 0 red flags identified, 0 strengths noted.
How does Glacial Lakes Area Development spend its money?
Detailed spending breakdown data is not yet available for Glacial Lakes Area Development. Check back for updated IRS 990 analysis.
Are donations to Glacial Lakes Area Development tax-deductible?
Glacial Lakes Area Development is registered as a tax-exempt nonprofit (EIN: 870787080). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Glacial Lakes Area Development showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Glacial Lakes Area Development's revenue has grown by 43.3%, moving from $81K to $116K. Total assets increased by 337.6% over the same period, from $277K to $1.2M. Total functional expenses rose by 210.7%, from $81K to $251K. In its most recent filing year (2023), Glacial Lakes Area Development reported a deficit of $135K, with expenses exceeding revenue. The organization holds $707K in liabilities against $1.2M in assets (debt-to-asset ratio: 58.3%), resulting in net assets of $506K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $116K | $251K | $1.2M | $707K | — | — |
| 2022 | $121K | $94K | $1.2M | $573K | — | View 990 |
| 2021 | $130K | $93K | $1.1M | $526K | — | View 990 |
| 2020 | $109K | $83K | $1.2M | $582K | — | — |
| 2019 | $109K | $86K | $1.2M | $657K | — | View 990 |
| 2018 | $130K | $84K | $1.5M | $1.0M | — | View 990 |
| 2017 | $96K | $80K | $1.5M | $1.0M | — | — |
| 2016 | $110K | $104K | $1.3M | $818K | — | View 990 |
| 2015 | $112K | $90K | $1.1M | $605K | — | View 990 |
| 2014 | $287K | $92K | $948K | $483K | — | View 990 |
| 2013 | $83K | $88K | $420K | $150K | — | View 990 |
| 2012 | $101K | $103K | $375K | $100K | — | View 990 |
| 2011 | $81K | $81K | $277K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $116K, expenses of $251K, and assets of $1.2M (revenue -4.5% year-over-year).
- 2022: Revenue of $121K, expenses of $94K, and assets of $1.2M (revenue -6.7% year-over-year).
- 2021: Revenue of $130K, expenses of $93K, and assets of $1.1M (revenue +18.7% year-over-year).
- 2020: Revenue of $109K, expenses of $83K, and assets of $1.2M (revenue +0.4% year-over-year).
- 2019: Revenue of $109K, expenses of $86K, and assets of $1.2M (revenue -16.4% year-over-year).
- 2018: Revenue of $130K, expenses of $84K, and assets of $1.5M (revenue +36.4% year-over-year).
- 2017: Revenue of $96K, expenses of $80K, and assets of $1.5M (revenue -13.4% year-over-year).
- 2016: Revenue of $110K, expenses of $104K, and assets of $1.3M (revenue -1.5% year-over-year).
- 2015: Revenue of $112K, expenses of $90K, and assets of $1.1M (revenue -61.0% year-over-year).
- 2014: Revenue of $287K, expenses of $92K, and assets of $948K (revenue +247.8% year-over-year).
- 2013: Revenue of $83K, expenses of $88K, and assets of $420K (revenue -18.4% year-over-year).
- 2012: Revenue of $101K, expenses of $103K, and assets of $375K (revenue +25.5% year-over-year).
- 2011: Revenue of $81K, expenses of $81K, and assets of $277K.
Data Sources and Methodology
This transparency report for Glacial Lakes Area Development 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.