Little Falls Sports Arena Inc
EIN: 363571994 · Little Falls, MN · NTEE: N110
Is Little Falls Sports Arena Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Little Falls Sports Arena Inc
Little Falls Sports Arena Inc (EIN: 363571994) is a nonprofit organization based in Little Falls, MN, classified under NTEE code N110. The organization reported total revenue of $577K and total assets of $703K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Little Falls Sports Arena Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Little Falls Sports Arena 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 Little Falls Sports Arena 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.
Frequently Asked Questions about Little Falls Sports Arena Inc
Is Little Falls Sports Arena Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Little Falls Sports Arena Inc (EIN: 363571994) insufficient data. 0 red flags identified, 0 strengths noted.
How does Little Falls Sports Arena Inc spend its money?
Detailed spending breakdown data is not yet available for Little Falls Sports Arena Inc. Check back for updated IRS 990 analysis.
Are donations to Little Falls Sports Arena Inc tax-deductible?
Little Falls Sports Arena Inc is registered as a tax-exempt nonprofit (EIN: 363571994). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Little Falls Sports Arena Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Little Falls Sports Arena Inc's revenue has grown by 53.2%, moving from $181K to $278K. Total assets decreased by 31.4% over the same period, from $906K to $621K. Total functional expenses fell by 6.3%, from $230K to $215K. In its most recent filing year (2024), Little Falls Sports Arena Inc reported a surplus of $62K, with revenue exceeding expenses. The organization holds $58K in liabilities against $621K in assets (debt-to-asset ratio: 9.3%), resulting in net assets of $564K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $278K | $215K | $621K | $58K | — | View 990 |
| 2023 | $221K | $243K | $501K | $0 | — | View 990 |
| 2022 | $202K | $191K | $524K | $0 | — | View 990 |
| 2021 | $150K | $219K | $526K | $14K | — | View 990 |
| 2020 | $259K | $217K | $582K | $0 | — | View 990 |
| 2019 | $199K | $229K | $609K | $69K | — | View 990 |
| 2018 | $201K | $206K | $665K | $95K | — | View 990 |
| 2017 | $57K | $64K | $697K | $123K | — | View 990 |
| 2016 | $193K | $208K | $710K | $129K | — | View 990 |
| 2015 | $201K | $227K | $751K | $154K | — | View 990 |
| 2014 | $186K | $205K | $802K | $180K | — | View 990 |
| 2013 | $221K | $220K | $845K | $204K | — | View 990 |
| 2012 | $199K | $214K | $868K | $227K | — | View 990 |
| 2011 | $181K | $230K | $906K | $251K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $278K, expenses of $215K, and assets of $621K (revenue +25.8% year-over-year).
- 2023: Revenue of $221K, expenses of $243K, and assets of $501K (revenue +9.0% year-over-year).
- 2022: Revenue of $202K, expenses of $191K, and assets of $524K (revenue +35.4% year-over-year).
- 2021: Revenue of $150K, expenses of $219K, and assets of $526K (revenue -42.2% year-over-year).
- 2020: Revenue of $259K, expenses of $217K, and assets of $582K (revenue +30.1% year-over-year).
- 2019: Revenue of $199K, expenses of $229K, and assets of $609K (revenue -1.0% year-over-year).
- 2018: Revenue of $201K, expenses of $206K, and assets of $665K (revenue +250.2% year-over-year).
- 2017: Revenue of $57K, expenses of $64K, and assets of $697K (revenue -70.2% year-over-year).
- 2016: Revenue of $193K, expenses of $208K, and assets of $710K (revenue -4.2% year-over-year).
- 2015: Revenue of $201K, expenses of $227K, and assets of $751K (revenue +8.1% year-over-year).
- 2014: Revenue of $186K, expenses of $205K, and assets of $802K (revenue -15.5% year-over-year).
- 2013: Revenue of $221K, expenses of $220K, and assets of $845K (revenue +10.9% year-over-year).
- 2012: Revenue of $199K, expenses of $214K, and assets of $868K (revenue +9.9% year-over-year).
- 2011: Revenue of $181K, expenses of $230K, and assets of $906K.
Data Sources and Methodology
This transparency report for Little Falls Sports Arena 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.