Grand Island Saddle Club 1 Kuesters Lake
EIN: 470349578 · Grand Island, NE
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.1M |
| Net Assets | $1.8M |
Is Grand Island Saddle Club 1 Kuesters Lake Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grand Island Saddle Club 1 Kuesters Lake
Grand Island Saddle Club 1 Kuesters Lake (EIN: 470349578) is a nonprofit organization based in Grand Island, NE. The organization reported total revenue of $1.8M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grand Island Saddle Club 1 Kuesters Lake's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grand Island Saddle Club 1 Kuesters Lake is a mid-size nonprofit that has been operating for 80 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-53,809 |
| Total Assets | $1.8M |
| Total Liabilities | $68K |
| Net Assets | $1.8M |
| Operating Margin | -5.0% |
| Debt-to-Asset Ratio | 3.7% |
| Months of Reserves | 19.6 months |
Financial Health Grade: B
In 2023, Grand Island Saddle Club 1 Kuesters Lake reported a deficit of $54K with expenses exceeding revenue, holds 19.6 months of operating reserves (strong position), has a debt-to-asset ratio of 3.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Grand Island Saddle Club 1 Kuesters Lake's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.2% | +2.0% | -3.0% |
| 2022 | +67.6% | +32.8% | +16.5% |
| 2021 | -17.2% | -14.0% | +0.9% |
| 2020 | -3.1% | +2.4% | -0.9% |
| 2019 | -8.1% | -5.1% | +4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grand Island Saddle Club 1 Kuesters Lake 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 Grand Island Saddle Club 1 Kuesters Lake 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 $54K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.7%.
Frequently Asked Questions about Grand Island Saddle Club 1 Kuesters Lake
Is Grand Island Saddle Club 1 Kuesters Lake a legitimate charity?
Grand Island Saddle Club 1 Kuesters Lake (EIN: 470349578) is a registered tax-exempt nonprofit based in Nebraska. It has 12 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: B.
How does Grand Island Saddle Club 1 Kuesters Lake spend its money?
Grand Island Saddle Club 1 Kuesters Lake reported $1.8M 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 Grand Island Saddle Club 1 Kuesters Lake tax-deductible?
Grand Island Saddle Club 1 Kuesters Lake is registered as a tax-exempt nonprofit (EIN: 470349578). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grand Island Saddle Club 1 Kuesters Lake located?
Grand Island Saddle Club 1 Kuesters Lake is headquartered in Grand Island, Nebraska and files with the IRS under EIN 470349578.
How many years of IRS 990 filings does Grand Island Saddle Club 1 Kuesters Lake have?
Grand Island Saddle Club 1 Kuesters Lake 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Grand Island Saddle Club 1 Kuesters Lake showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Grand Island Saddle Club 1 Kuesters Lake's revenue has grown by 14.1%, moving from $941K to $1.1M. Total assets increased by 70.2% over the same period, from $1.1M to $1.8M. Total functional expenses rose by 23.5%, from $913K to $1.1M. In its most recent filing year (2023), Grand Island Saddle Club 1 Kuesters Lake reported a deficit of $54K, with expenses exceeding revenue. The organization holds $68K in liabilities against $1.8M in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $1.8M | $68K | — | View 990 |
| 2022 | $1.4M | $1.1M | $1.9M | $72K | — | View 990 |
| 2021 | $813K | $832K | $1.6M | $60K | — | — |
| 2020 | $982K | $968K | $1.6M | $27K | — | — |
| 2019 | $1.0M | $945K | $1.6M | $56K | — | View 990 |
| 2018 | $1.1M | $996K | $1.6M | $54K | — | View 990 |
| 2017 | $1.1M | $979K | $1.5M | $51K | — | View 990 |
| 2016 | $1.0M | $937K | $1.4M | $45K | — | View 990 |
| 2015 | $1.0M | $924K | $1.3M | $85K | — | View 990 |
| 2014 | $982K | $912K | $1.2M | $42K | — | View 990 |
| 2013 | $932K | $883K | $1.1M | $42K | — | View 990 |
| 2012 | $941K | $913K | $1.1M | $33K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $1.8M (revenue -21.2% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.1M, and assets of $1.9M (revenue +67.6% year-over-year).
- 2021: Revenue of $813K, expenses of $832K, and assets of $1.6M (revenue -17.2% year-over-year).
- 2020: Revenue of $982K, expenses of $968K, and assets of $1.6M (revenue -3.1% year-over-year).
- 2019: Revenue of $1.0M, expenses of $945K, and assets of $1.6M (revenue -8.1% year-over-year).
- 2018: Revenue of $1.1M, expenses of $996K, and assets of $1.6M (revenue +4.5% year-over-year).
- 2017: Revenue of $1.1M, expenses of $979K, and assets of $1.5M (revenue +4.8% year-over-year).
- 2016: Revenue of $1.0M, expenses of $937K, and assets of $1.4M (revenue -0.6% year-over-year).
- 2015: Revenue of $1.0M, expenses of $924K, and assets of $1.3M (revenue +3.2% year-over-year).
- 2014: Revenue of $982K, expenses of $912K, and assets of $1.2M (revenue +5.4% year-over-year).
- 2013: Revenue of $932K, expenses of $883K, and assets of $1.1M (revenue -0.9% year-over-year).
- 2012: Revenue of $941K, expenses of $913K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grand Island Saddle Club 1 Kuesters Lake:
Data Sources and Methodology
This transparency report for Grand Island Saddle Club 1 Kuesters Lake 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.