Meyers Homestead Preserve Foundation
EIN: 331021222 · Elm Creek, NE · NTEE: C34
| Metric | Value |
|---|---|
| Total Revenue | $42K |
| Total Expenses | $27K |
| Net Assets | $774K |
Is Meyers Homestead Preserve Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Meyers Homestead Preserve Foundation
Meyers Homestead Preserve Foundation (EIN: 331021222) is a nonprofit organization based in Elm Creek, NE, classified under NTEE code C34. The organization reported total revenue of $42K and total assets of $784K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Meyers Homestead Preserve Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Meyers Homestead Preserve Foundation is a micro nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $47K |
| Total Expenses | $27K |
| Surplus / Deficit | +$20K |
| Total Assets | $774K |
| Total Liabilities | $1 |
| Net Assets | $774K |
| Operating Margin | 43.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 349.4 months |
Financial Health Grade: A
In 2023, Meyers Homestead Preserve Foundation reported a surplus of $20K with revenue exceeding expenses, holds 349.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Meyers Homestead Preserve Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.2% | +138.4% | +2.7% |
| 2022 | -16.4% | -47.2% | +3.1% |
| 2021 | +38.2% | -9.4% | +2.7% |
| 2020 | -8.6% | -6.1% | +0.8% |
| 2019 | +73.0% | +11.3% | +17.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Meyers Homestead Preserve Foundation 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 Meyers Homestead Preserve Foundation 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 $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Meyers Homestead Preserve Foundation
Is Meyers Homestead Preserve Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Meyers Homestead Preserve Foundation (EIN: 331021222) insufficient data. 0 red flags identified, 0 strengths noted.
How does Meyers Homestead Preserve Foundation spend its money?
Detailed spending breakdown data is not yet available for Meyers Homestead Preserve Foundation. Check back for updated IRS 990 analysis.
Are donations to Meyers Homestead Preserve Foundation tax-deductible?
Meyers Homestead Preserve Foundation is registered as a tax-exempt nonprofit (EIN: 331021222). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Meyers Homestead Preserve Foundation located?
Meyers Homestead Preserve Foundation is headquartered in Elm Creek, Nebraska and files with the IRS under EIN 331021222. It is classified under NTEE code C34.
How many years of IRS 990 filings does Meyers Homestead Preserve Foundation have?
Meyers Homestead Preserve Foundation 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 $42K in total revenue.
Filing History
IRS 990 filing history for Meyers Homestead Preserve Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Meyers Homestead Preserve Foundation's revenue has grown by 98.3%, moving from $24K to $47K. Total assets increased by 27% over the same period, from $609K to $774K. Total functional expenses rose by 7.4%, from $25K to $27K. In its most recent filing year (2023), Meyers Homestead Preserve Foundation reported a surplus of $20K, with revenue exceeding expenses. The organization holds $1 in liabilities against $774K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $774K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $47K | $27K | $774K | $1 | — | — |
| 2022 | $34K | $11K | $753K | $1 | — | — |
| 2021 | $40K | $21K | $731K | $1 | — | View 990 |
| 2020 | $29K | $23K | $712K | $1 | — | — |
| 2019 | $32K | $25K | $706K | $1 | — | View 990 |
| 2015 | $18K | $22K | $600K | $1 | — | View 990 |
| 2014 | $25K | $19K | $604K | $1 | — | View 990 |
| 2013 | $20K | $22K | $599K | $1 | — | View 990 |
| 2012 | $19K | $27K | $601K | $1 | — | View 990 |
| 2011 | $24K | $25K | $609K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $47K, expenses of $27K, and assets of $774K (revenue +40.2% year-over-year).
- 2022: Revenue of $34K, expenses of $11K, and assets of $753K (revenue -16.4% year-over-year).
- 2021: Revenue of $40K, expenses of $21K, and assets of $731K (revenue +38.2% year-over-year).
- 2020: Revenue of $29K, expenses of $23K, and assets of $712K (revenue -8.6% year-over-year).
- 2019: Revenue of $32K, expenses of $25K, and assets of $706K (revenue +73.0% year-over-year).
- 2015: Revenue of $18K, expenses of $22K, and assets of $600K (revenue -25.3% year-over-year).
- 2014: Revenue of $25K, expenses of $19K, and assets of $604K (revenue +25.4% year-over-year).
- 2013: Revenue of $20K, expenses of $22K, and assets of $599K (revenue +3.4% year-over-year).
- 2012: Revenue of $19K, expenses of $27K, and assets of $601K (revenue -20.0% year-over-year).
- 2011: Revenue of $24K, expenses of $25K, and assets of $609K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Meyers Homestead Preserve Foundation:
Data Sources and Methodology
This transparency report for Meyers Homestead Preserve Foundation 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.