Gladwin Community Arena
EIN: 383496713 · Gladwin, MI · NTEE: N31
| Metric | Value |
|---|---|
| Total Revenue | $493K |
| Total Expenses | $266K |
| Net Assets | $155K |
Is Gladwin Community Arena Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gladwin Community Arena
Gladwin Community Arena (EIN: 383496713) is a nonprofit organization based in Gladwin, MI, classified under NTEE code N31. The organization reported total revenue of $493K and total assets of $464K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gladwin Community Arena's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gladwin Community Arena is a small nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $247K |
| Total Expenses | $266K |
| Surplus / Deficit | $-19,363 |
| Total Assets | $166K |
| Total Liabilities | $11K |
| Net Assets | $155K |
| Operating Margin | -7.8% |
| Debt-to-Asset Ratio | 6.4% |
| Months of Reserves | 7.5 months |
Financial Health Grade: B
In 2023, Gladwin Community Arena reported a deficit of $19K with expenses exceeding revenue, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 6.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Gladwin Community Arena's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.3% | +1.3% | -8.4% |
| 2022 | +58.8% | +74.5% | -16.5% |
| 2021 | -14.6% | -18.7% | -1.8% |
| 2020 | -13.0% | -15.5% | -6.0% |
| 2019 | -18.0% | -14.8% | -8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gladwin Community Arena 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 Gladwin Community Arena 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 $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.4%.
Frequently Asked Questions about Gladwin Community Arena
Is Gladwin Community Arena a legitimate charity?
Based on AI analysis of IRS 990 filings, Gladwin Community Arena (EIN: 383496713) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gladwin Community Arena spend its money?
Detailed spending breakdown data is not yet available for Gladwin Community Arena. Check back for updated IRS 990 analysis.
Are donations to Gladwin Community Arena tax-deductible?
Gladwin Community Arena is registered as a tax-exempt nonprofit (EIN: 383496713). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gladwin Community Arena located?
Gladwin Community Arena is headquartered in Gladwin, Michigan and files with the IRS under EIN 383496713. It is classified under NTEE code N31.
How many years of IRS 990 filings does Gladwin Community Arena have?
Gladwin Community Arena 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 $493K in total revenue.
Filing History
IRS 990 filing history for Gladwin Community Arena showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Gladwin Community Arena's revenue has grown by 18.5%, moving from $208K to $247K. Total assets decreased by 49.9% over the same period, from $332K to $166K. Total functional expenses rose by 17.3%, from $227K to $266K. In its most recent filing year (2023), Gladwin Community Arena reported a deficit of $19K, with expenses exceeding revenue. The organization holds $11K in liabilities against $166K in assets (debt-to-asset ratio: 6.4%), resulting in net assets of $155K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $247K | $266K | $166K | $11K | — | View 990 |
| 2022 | $248K | $263K | $181K | $6K | — | — |
| 2021 | $156K | $151K | $217K | $27K | — | View 990 |
| 2020 | $183K | $185K | $221K | $36K | — | View 990 |
| 2019 | $210K | $219K | $235K | $48K | — | View 990 |
| 2018 | $256K | $257K | $257K | $60K | — | View 990 |
| 2017 | $239K | $233K | $273K | $75K | — | View 990 |
| 2016 | $227K | $243K | $281K | $89K | — | View 990 |
| 2015 | $209K | $222K | $302K | $94K | — | View 990 |
| 2014 | $146K | $157K | $310K | $90K | — | View 990 |
| 2013 | $236K | $207K | $323K | $92K | — | View 990 |
| 2012 | $208K | $227K | $332K | $108K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $247K, expenses of $266K, and assets of $166K (revenue -0.3% year-over-year).
- 2022: Revenue of $248K, expenses of $263K, and assets of $181K (revenue +58.8% year-over-year).
- 2021: Revenue of $156K, expenses of $151K, and assets of $217K (revenue -14.6% year-over-year).
- 2020: Revenue of $183K, expenses of $185K, and assets of $221K (revenue -13.0% year-over-year).
- 2019: Revenue of $210K, expenses of $219K, and assets of $235K (revenue -18.0% year-over-year).
- 2018: Revenue of $256K, expenses of $257K, and assets of $257K (revenue +7.3% year-over-year).
- 2017: Revenue of $239K, expenses of $233K, and assets of $273K (revenue +5.0% year-over-year).
- 2016: Revenue of $227K, expenses of $243K, and assets of $281K (revenue +8.6% year-over-year).
- 2015: Revenue of $209K, expenses of $222K, and assets of $302K (revenue +43.5% year-over-year).
- 2014: Revenue of $146K, expenses of $157K, and assets of $310K (revenue -38.1% year-over-year).
- 2013: Revenue of $236K, expenses of $207K, and assets of $323K (revenue +13.1% year-over-year).
- 2012: Revenue of $208K, expenses of $227K, and assets of $332K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gladwin Community Arena:
Data Sources and Methodology
This transparency report for Gladwin Community Arena 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.