Kitsap County Stampede Top Hands
EIN: 260868176 · Bremerton, WA · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $214K |
| Total Expenses | $207K |
| Net Assets | $71K |
Is Kitsap County Stampede Top Hands Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kitsap County Stampede Top Hands
Kitsap County Stampede Top Hands (EIN: 260868176) is a nonprofit organization based in Bremerton, WA, classified under NTEE code T30. The organization reported total revenue of $214K and total assets of $93K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kitsap County Stampede Top Hands's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kitsap County Stampede Top Hands is a small nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 13.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $203K |
| Total Expenses | $207K |
| Surplus / Deficit | $-3,444 |
| Total Assets | $100K |
| Total Liabilities | $30K |
| Net Assets | $71K |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 29.7% |
| Months of Reserves | 5.8 months |
Financial Health Grade: B
In 2023, Kitsap County Stampede Top Hands reported a deficit of $3K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 29.7% (moderate leverage).
Financial Trends
Over 10 years of filings (2014–2023), Kitsap County Stampede Top Hands's revenue has grown at a compound annual growth rate (CAGR) of 13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.9% | +59.6% | -7.3% |
| 2022 | +7.8% | +21.0% | +89.2% |
| 2021 | +728.7% | +188.0% | +101.0% |
| 2020 | -87.5% | -62.2% | -42.2% |
| 2019 | +16.1% | -15.4% | +204.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kitsap County Stampede Top Hands 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 Kitsap County Stampede Top Hands 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 $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 29.7%.
Frequently Asked Questions about Kitsap County Stampede Top Hands
Is Kitsap County Stampede Top Hands a legitimate charity?
Kitsap County Stampede Top Hands (EIN: 260868176) is a registered tax-exempt nonprofit based in Washington. It has 10 years of IRS 990 filings on record. Total revenue: $214K. No red flags identified. Financial health grade: B.
How does Kitsap County Stampede Top Hands spend its money?
Kitsap County Stampede Top Hands reported $214K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kitsap County Stampede Top Hands tax-deductible?
Kitsap County Stampede Top Hands is registered as a tax-exempt nonprofit (EIN: 260868176). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kitsap County Stampede Top Hands located?
Kitsap County Stampede Top Hands is headquartered in Bremerton, Washington and files with the IRS under EIN 260868176. It is classified under NTEE code T30.
How many years of IRS 990 filings does Kitsap County Stampede Top Hands have?
Kitsap County Stampede Top Hands has 10 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 $214K in total revenue.
Filing History
IRS 990 filing history for Kitsap County Stampede Top Hands showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Kitsap County Stampede Top Hands's revenue has grown by 219.5%, moving from $64K to $203K. Total assets increased by 411.3% over the same period, from $20K to $100K. Total functional expenses rose by 268.7%, from $56K to $207K. In its most recent filing year (2023), Kitsap County Stampede Top Hands reported a deficit of $3K, with expenses exceeding revenue. The organization holds $30K in liabilities against $100K in assets (debt-to-asset ratio: 29.7%), resulting in net assets of $71K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $203K | $207K | $100K | $30K | — | — |
| 2022 | $146K | $130K | $108K | $34K | — | View 990 |
| 2021 | $136K | $107K | $57K | $0 | — | View 990 |
| 2020 | $16K | $37K | $28K | $0 | — | View 990 |
| 2019 | $131K | $98K | $49K | $0 | — | View 990 |
| 2018 | $113K | $116K | $16K | $0 | — | View 990 |
| 2017 | $41K | $51K | $19K | $0 | — | View 990 |
| 2016 | $52K | $45K | $30K | $0 | — | View 990 |
| 2015 | $42K | $40K | $22K | $0 | — | View 990 |
| 2014 | $64K | $56K | $20K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $203K, expenses of $207K, and assets of $100K (revenue +38.9% year-over-year).
- 2022: Revenue of $146K, expenses of $130K, and assets of $108K (revenue +7.8% year-over-year).
- 2021: Revenue of $136K, expenses of $107K, and assets of $57K (revenue +728.7% year-over-year).
- 2020: Revenue of $16K, expenses of $37K, and assets of $28K (revenue -87.5% year-over-year).
- 2019: Revenue of $131K, expenses of $98K, and assets of $49K (revenue +16.1% year-over-year).
- 2018: Revenue of $113K, expenses of $116K, and assets of $16K (revenue +178.8% year-over-year).
- 2017: Revenue of $41K, expenses of $51K, and assets of $19K (revenue -22.8% year-over-year).
- 2016: Revenue of $52K, expenses of $45K, and assets of $30K (revenue +25.9% year-over-year).
- 2015: Revenue of $42K, expenses of $40K, and assets of $22K (revenue -34.5% year-over-year).
- 2014: Revenue of $64K, expenses of $56K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kitsap County Stampede Top Hands:
Data Sources and Methodology
This transparency report for Kitsap County Stampede Top Hands 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.