Mellette Memorial Association
EIN: 460241116 · Watertown, SD
| Metric | Value |
|---|---|
| Total Revenue | $264K |
| Total Expenses | $29K |
| Net Assets | $590K |
Is Mellette Memorial Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mellette Memorial Association
Mellette Memorial Association (EIN: 460241116) is a nonprofit organization based in Watertown, SD. The organization reported total revenue of $264K and total assets of $636K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mellette Memorial Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mellette Memorial Association is a small nonprofit that has been operating for 80 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $29K |
| Surplus / Deficit | +$25K |
| Total Assets | $590K |
| Net Assets | $590K |
| Operating Margin | 46.3% |
| Months of Reserves | 241.7 months |
Financial Health Grade: A
In 2023, Mellette Memorial Association reported a surplus of $25K with revenue exceeding expenses, holds 241.7 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), Mellette Memorial Association's revenue has declined at a compound annual growth rate (CAGR) of -7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +106.8% | +17.9% | +20.0% |
| 2022 | -58.9% | -13.6% | -17.3% |
| 2021 | +38.1% | -1.4% | +9.7% |
| 2020 | -36.2% | -20.6% | +10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mellette Memorial Association 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 Mellette Memorial Association 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 surplus of $25K, with revenue exceeding expenses.
Frequently Asked Questions about Mellette Memorial Association
Is Mellette Memorial Association a legitimate charity?
Mellette Memorial Association (EIN: 460241116) is a registered tax-exempt nonprofit based in South Dakota. It has 5 years of IRS 990 filings on record. Total revenue: $264K. No red flags identified. Financial health grade: A.
How does Mellette Memorial Association spend its money?
Mellette Memorial Association reported $264K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mellette Memorial Association tax-deductible?
Mellette Memorial Association is registered as a tax-exempt nonprofit (EIN: 460241116). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mellette Memorial Association located?
Mellette Memorial Association is headquartered in Watertown, South Dakota and files with the IRS under EIN 460241116.
How many years of IRS 990 filings does Mellette Memorial Association have?
Mellette Memorial Association has 5 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 $264K in total revenue.
Filing History
IRS 990 filing history for Mellette Memorial Association showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Mellette Memorial Association's revenue has declined by 25.2%, moving from $73K to $55K. Total assets increased by 19.8% over the same period, from $492K to $590K. Total functional expenses fell by 20.3%, from $37K to $29K. In its most recent filing year (2023), Mellette Memorial Association reported a surplus of $25K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $55K | $29K | $590K | $0 | — | — |
| 2022 | $26K | $25K | $492K | $0 | — | View 990 |
| 2021 | $64K | $29K | $595K | $0 | — | — |
| 2020 | $47K | $29K | $542K | $0 | — | View 990 |
| 2019 | $73K | $37K | $492K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $55K, expenses of $29K, and assets of $590K (revenue +106.8% year-over-year).
- 2022: Revenue of $26K, expenses of $25K, and assets of $492K (revenue -58.9% year-over-year).
- 2021: Revenue of $64K, expenses of $29K, and assets of $595K (revenue +38.1% year-over-year).
- 2020: Revenue of $47K, expenses of $29K, and assets of $542K (revenue -36.2% year-over-year).
- 2019: Revenue of $73K, expenses of $37K, and assets of $492K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mellette Memorial Association:
Data Sources and Methodology
This transparency report for Mellette Memorial Association 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.