Harmony South Dakota Inc
EIN: 463296505 · Sioux Falls, SD · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $161K |
| Total Expenses | $192K |
| Net Assets | $219K |
Is Harmony South Dakota Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Harmony South Dakota Inc
Harmony South Dakota Inc (EIN: 463296505) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code A68. The organization reported total revenue of $161K and total assets of $189K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harmony South Dakota Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harmony South Dakota Inc is a small nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2013–2024). Revenue has grown at a compound annual rate of 26.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $204K |
| Total Expenses | $192K |
| Surplus / Deficit | +$12K |
| Total Assets | $222K |
| Total Liabilities | $3K |
| Net Assets | $219K |
| Operating Margin | 5.8% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 13.9 months |
Financial Health Grade: A
In 2024, Harmony South Dakota Inc reported a surplus of $12K with revenue exceeding expenses, holds 13.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 12 years of filings (2013–2024), Harmony South Dakota Inc's revenue has grown at a compound annual growth rate (CAGR) of 26.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -13.4% | -2.0% | +6.5% |
| 2023 | +11.2% | -4.2% | +18.1% |
| 2022 | -9.0% | +5.3% | +6.0% |
| 2021 | -4.4% | +6.0% | +28.9% |
| 2020 | +61.5% | +12.3% | +102.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Harmony South Dakota 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 Harmony South Dakota 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Harmony South Dakota Inc
Is Harmony South Dakota Inc a legitimate charity?
Harmony South Dakota Inc (EIN: 463296505) is a registered tax-exempt nonprofit based in South Dakota. It has 12 years of IRS 990 filings on record. Total revenue: $161K. No red flags identified. Financial health grade: A.
How does Harmony South Dakota Inc spend its money?
Harmony South Dakota Inc reported $161K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Harmony South Dakota Inc tax-deductible?
Harmony South Dakota Inc is registered as a tax-exempt nonprofit (EIN: 463296505). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Harmony South Dakota Inc located?
Harmony South Dakota Inc is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 463296505. It is classified under NTEE code A68.
How many years of IRS 990 filings does Harmony South Dakota Inc have?
Harmony South Dakota Inc 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 $161K in total revenue.
Filing History
IRS 990 filing history for Harmony South Dakota Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2013–2024), Harmony South Dakota Inc's revenue has grown by 1211.3%, moving from $16K to $204K. Total assets increased by 1216% over the same period, from $17K to $222K. Total functional expenses rose by 11083.4%, from $2K to $192K. In its most recent filing year (2024), Harmony South Dakota Inc reported a surplus of $12K, with revenue exceeding expenses. The organization holds $3K in liabilities against $222K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $219K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $204K | $192K | $222K | $3K | — | — |
| 2023 | $235K | $196K | $209K | $4K | — | — |
| 2022 | $211K | $204K | $177K | $10K | — | View 990 |
| 2021 | $232K | $194K | $167K | $9K | — | — |
| 2020 | $243K | $183K | $129K | $10K | — | View 990 |
| 2019 | $151K | $163K | $64K | $5K | — | View 990 |
| 2018 | $46K | $53K | $76K | $5K | — | View 990 |
| 2017 | $98K | $97K | $82K | $4K | — | View 990 |
| 2016 | $106K | $66K | $79K | $2K | — | View 990 |
| 2015 | $42K | $28K | $40K | $2K | — | View 990 |
| 2014 | $36K | $26K | $24K | $270 | — | View 990 |
| 2013 | $16K | $2K | $17K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $204K, expenses of $192K, and assets of $222K (revenue -13.4% year-over-year).
- 2023: Revenue of $235K, expenses of $196K, and assets of $209K (revenue +11.2% year-over-year).
- 2022: Revenue of $211K, expenses of $204K, and assets of $177K (revenue -9.0% year-over-year).
- 2021: Revenue of $232K, expenses of $194K, and assets of $167K (revenue -4.4% year-over-year).
- 2020: Revenue of $243K, expenses of $183K, and assets of $129K (revenue +61.5% year-over-year).
- 2019: Revenue of $151K, expenses of $163K, and assets of $64K (revenue +229.8% year-over-year).
- 2018: Revenue of $46K, expenses of $53K, and assets of $76K (revenue -53.4% year-over-year).
- 2017: Revenue of $98K, expenses of $97K, and assets of $82K (revenue -7.6% year-over-year).
- 2016: Revenue of $106K, expenses of $66K, and assets of $79K (revenue +151.5% year-over-year).
- 2015: Revenue of $42K, expenses of $28K, and assets of $40K (revenue +17.0% year-over-year).
- 2014: Revenue of $36K, expenses of $26K, and assets of $24K (revenue +132.0% year-over-year).
- 2013: Revenue of $16K, expenses of $2K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harmony South Dakota Inc:
Data Sources and Methodology
This transparency report for Harmony South Dakota 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.