Magic Valley Youth Services Inc
EIN: 820415291 · Twin Falls, ID · NTEE: J20Z
| Metric | Value |
|---|---|
| Total Revenue | $109K |
| Total Expenses | $201K |
| Net Assets | $43K |
Is Magic Valley Youth Services Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Magic Valley Youth Services Inc
Magic Valley Youth Services Inc (EIN: 820415291) is a nonprofit organization based in Twin Falls, ID, classified under NTEE code J20Z. The organization reported total revenue of $109K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Magic Valley Youth Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Magic Valley Youth Services Inc is a small nonprofit that has been operating for 38 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $176K |
| Total Expenses | $201K |
| Surplus / Deficit | $-24,698 |
| Total Assets | $60K |
| Total Liabilities | $16K |
| Net Assets | $43K |
| Operating Margin | -14.0% |
| Debt-to-Asset Ratio | 27.6% |
| Months of Reserves | 3.6 months |
Financial Health Grade: B
In 2023, Magic Valley Youth Services Inc reported a deficit of $25K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 27.6% (moderate leverage).
Financial Trends
Over 11 years of filings (2011–2023), Magic Valley Youth Services Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.9% | +5.2% | -28.5% |
| 2022 | -26.1% | -23.2% | -6.6% |
| 2020 | +13.0% | +8.5% | +137.2% |
| 2018 | +18.6% | +10.4% | +106.5% |
| 2017 | +3.5% | +3.6% | -11.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Magic Valley Youth Services 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 Magic Valley Youth Services 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.6%.
Frequently Asked Questions about Magic Valley Youth Services Inc
Is Magic Valley Youth Services Inc a legitimate charity?
Magic Valley Youth Services Inc (EIN: 820415291) is a registered tax-exempt nonprofit based in Idaho. It has 11 years of IRS 990 filings on record. Total revenue: $109K. No red flags identified. Financial health grade: B.
How does Magic Valley Youth Services Inc spend its money?
Magic Valley Youth Services Inc reported $109K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Magic Valley Youth Services Inc tax-deductible?
Magic Valley Youth Services Inc is registered as a tax-exempt nonprofit (EIN: 820415291). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Magic Valley Youth Services Inc located?
Magic Valley Youth Services Inc is headquartered in Twin Falls, Idaho and files with the IRS under EIN 820415291. It is classified under NTEE code J20Z.
How many years of IRS 990 filings does Magic Valley Youth Services Inc have?
Magic Valley Youth Services Inc has 11 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 $109K in total revenue.
Filing History
IRS 990 filing history for Magic Valley Youth Services Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Magic Valley Youth Services Inc's revenue has declined by 25.4%, moving from $236K to $176K. Total assets increased by 125.3% over the same period, from $26K to $60K. Total functional expenses fell by 15%, from $237K to $201K. In its most recent filing year (2023), Magic Valley Youth Services Inc reported a deficit of $25K, with expenses exceeding revenue. The organization holds $16K in liabilities against $60K in assets (debt-to-asset ratio: 27.6%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $176K | $201K | $60K | $16K | — | — |
| 2022 | $205K | $191K | $83K | $16K | — | — |
| 2020 | $277K | $249K | $89K | $49K | — | — |
| 2018 | $245K | $230K | $38K | $18K | — | View 990 |
| 2017 | $207K | $208K | $18K | $14K | — | View 990 |
| 2016 | $200K | $201K | $21K | $16K | — | View 990 |
| 2015 | $190K | $187K | $22K | $15K | — | View 990 |
| 2014 | $150K | $156K | $15K | $13K | — | View 990 |
| 2013 | $166K | $169K | $19K | $11K | — | View 990 |
| 2012 | $237K | $236K | $31K | $21K | — | View 990 |
| 2011 | $236K | $237K | $26K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $176K, expenses of $201K, and assets of $60K (revenue -13.9% year-over-year).
- 2022: Revenue of $205K, expenses of $191K, and assets of $83K (revenue -26.1% year-over-year).
- 2020: Revenue of $277K, expenses of $249K, and assets of $89K (revenue +13.0% year-over-year).
- 2018: Revenue of $245K, expenses of $230K, and assets of $38K (revenue +18.6% year-over-year).
- 2017: Revenue of $207K, expenses of $208K, and assets of $18K (revenue +3.5% year-over-year).
- 2016: Revenue of $200K, expenses of $201K, and assets of $21K (revenue +5.0% year-over-year).
- 2015: Revenue of $190K, expenses of $187K, and assets of $22K (revenue +26.6% year-over-year).
- 2014: Revenue of $150K, expenses of $156K, and assets of $15K (revenue -9.5% year-over-year).
- 2013: Revenue of $166K, expenses of $169K, and assets of $19K (revenue -29.8% year-over-year).
- 2012: Revenue of $237K, expenses of $236K, and assets of $31K (revenue +0.1% year-over-year).
- 2011: Revenue of $236K, expenses of $237K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Magic Valley Youth Services Inc:
Data Sources and Methodology
This transparency report for Magic Valley Youth Services 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.