John Witherspoon College
John Witherspoon College faces severe financial decline with consistent operating deficits and rapidly dwindling assets.
EIN: 205892134 · Rapid City, SD · NTEE: B50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $263K |
| Total Expenses | $276K |
| Program Spending | 70% |
| Net Assets | $195K |
| Transparency Score | 30/100 |
Is John Witherspoon College Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
John Witherspoon College directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About John Witherspoon College
John Witherspoon College (EIN: 205892134) is a nonprofit organization based in Rapid City, SD, classified under NTEE code B50. The organization reported total revenue of $263K and total assets of $119K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of John Witherspoon College's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
John Witherspoon College is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $167K |
| Total Expenses | $276K |
| Surplus / Deficit | $-109,261 |
| Total Assets | $213K |
| Total Liabilities | $17K |
| Net Assets | $195K |
| Operating Margin | -65.6% |
| Debt-to-Asset Ratio | 8.1% |
| Months of Reserves | 9.2 months |
Financial Health Grade: B
In 2022, John Witherspoon College reported a deficit of $109K with expenses exceeding revenue, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 8.1% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), John Witherspoon College's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -43.4% | +9.5% | -19.8% |
| 2021 | +62.7% | -39.7% | +12.6% |
| 2020 | -49.9% | -19.2% | -46.0% |
| 2019 | +63.1% | -6.3% | -22.4% |
| 2018 | -73.2% | +16.6% | -32.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates John Witherspoon College with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, John Witherspoon College allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $109K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is unusual for an organization of this type and size, suggesting either a fully volunteer-led executive team or compensation being categorized differently.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of John Witherspoon College's IRS 990 filings:
- Consistent and significant operating deficits across multiple years (e.g., 202207: $166,638 revenue vs. $275,899 expenses).
- Rapid and substantial decline in total assets from $837,627 in 201707 to $119,498 currently.
- Latest revenue ($262,959) is significantly lower than peak revenue years (e.g., $828,845 in 201707).
- Liabilities have fluctuated, but the overall financial position has weakened considerably relative to assets.
Strengths
The following positive indicators were identified for John Witherspoon College:
- Consistent reporting of 0% officer compensation, indicating potential volunteer leadership or highly efficient compensation practices.
- Long filing history (12 filings) demonstrates a commitment to IRS compliance and transparency in reporting.
Frequently Asked Questions about John Witherspoon College
Is John Witherspoon College a legitimate charity?
John Witherspoon College (EIN: 205892134) is a registered tax-exempt nonprofit based in South Dakota. Our AI analysis gives it a Mission Score of 30/100. It has 12 years of IRS 990 filings on record. Total revenue: $263K. 4 red flags identified. 2 strengths noted. Financial health grade: B.
How does John Witherspoon College spend its money?
John Witherspoon College directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to John Witherspoon College tax-deductible?
John Witherspoon College is registered as a tax-exempt nonprofit (EIN: 205892134). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of John Witherspoon College's spending goes to programs?
John Witherspoon College directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does John Witherspoon College compare to similar nonprofits?
With a transparency score of 30/100 (Poor), John Witherspoon College is below average for NTEE category B50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is John Witherspoon College located?
John Witherspoon College is headquartered in Rapid City, South Dakota and files with the IRS under EIN 205892134. It is classified under NTEE code B50.
How many years of IRS 990 filings does John Witherspoon College have?
John Witherspoon College 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 $263K in total revenue.
Is John Witherspoon College financially sustainable?
Based on the IRS 990 data, John Witherspoon College is not financially sustainable. It has consistently reported expenses exceeding revenue, leading to significant operating deficits, and its assets have declined sharply from $837,627 in 201707 to $119,498 currently.
Why are the assets declining so rapidly?
The rapid decline in assets, from $837,627 in 201707 to $119,498 currently, is primarily due to the organization consistently spending more than it earns, as evidenced by the recurring operating deficits in its IRS 990 filings.
What is the impact of 0% officer compensation?
While 0% officer compensation can indicate a highly dedicated, volunteer-led leadership, it also raises questions about how leadership roles are sustained and if compensation is being reported under other expense lines, which could affect transparency.
What is the latest financial status of the college?
The latest available data shows revenue of $262,959 and assets of $119,498. The most recent full filing (202207) reported revenue of $166,638 against expenses of $275,899, indicating a significant deficit.
Filing History
IRS 990 filing history for John Witherspoon College showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), John Witherspoon College's revenue has grown by 40.1%, moving from $119K to $167K. Total assets increased by 38.3% over the same period, from $154K to $213K. Total functional expenses rose by 665%, from $36K to $276K. In its most recent filing year (2022), John Witherspoon College reported a deficit of $109K, with expenses exceeding revenue. The organization holds $17K in liabilities against $213K in assets (debt-to-asset ratio: 8.1%), resulting in net assets of $195K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $167K | $276K | $213K | $17K | — | View 990 |
| 2021 | $295K | $252K | $265K | $236 | — | View 990 |
| 2020 | $181K | $418K | $236K | $51K | — | View 990 |
| 2019 | $362K | $518K | $436K | $18K | — | View 990 |
| 2018 | $222K | $552K | $562K | $8K | — | View 990 |
| 2017 | $829K | $474K | $838K | $30K | — | View 990 |
| 2016 | $552K | $455K | $492K | $40K | — | View 990 |
| 2015 | $208K | $246K | $382K | $56K | — | View 990 |
| 2014 | $334K | $270K | $384K | $62K | — | View 990 |
| 2013 | $306K | $298K | $333K | $71K | — | View 990 |
| 2012 | $255K | $160K | $342K | $93K | — | View 990 |
| 2011 | $119K | $36K | $154K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $167K, expenses of $276K, and assets of $213K (revenue -43.4% year-over-year).
- 2021: Revenue of $295K, expenses of $252K, and assets of $265K (revenue +62.7% year-over-year).
- 2020: Revenue of $181K, expenses of $418K, and assets of $236K (revenue -49.9% year-over-year).
- 2019: Revenue of $362K, expenses of $518K, and assets of $436K (revenue +63.1% year-over-year).
- 2018: Revenue of $222K, expenses of $552K, and assets of $562K (revenue -73.2% year-over-year).
- 2017: Revenue of $829K, expenses of $474K, and assets of $838K (revenue +50.2% year-over-year).
- 2016: Revenue of $552K, expenses of $455K, and assets of $492K (revenue +165.5% year-over-year).
- 2015: Revenue of $208K, expenses of $246K, and assets of $382K (revenue -37.7% year-over-year).
- 2014: Revenue of $334K, expenses of $270K, and assets of $384K (revenue +9.1% year-over-year).
- 2013: Revenue of $306K, expenses of $298K, and assets of $333K (revenue +19.8% year-over-year).
- 2012: Revenue of $255K, expenses of $160K, and assets of $342K (revenue +114.4% year-over-year).
- 2011: Revenue of $119K, expenses of $36K, and assets of $154K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for John Witherspoon College:
Data Sources and Methodology
This transparency report for John Witherspoon College 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.