Myakka Elephant Ranch Inc
EIN: 843406463 · Myakka City, FL · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.1M |
| Net Assets | $1.1M |
Is Myakka Elephant Ranch Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Myakka Elephant Ranch Inc
Myakka Elephant Ranch Inc (EIN: 843406463) is a nonprofit organization based in Myakka City, FL, classified under NTEE code D20. The organization reported total revenue of $1.3M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Myakka Elephant Ranch Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Myakka Elephant Ranch Inc is a mid-size nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 63.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$190K |
| Total Assets | $1.1M |
| Total Liabilities | $58K |
| Net Assets | $1.1M |
| Operating Margin | 14.7% |
| Debt-to-Asset Ratio | 5.2% |
| Months of Reserves | 12.1 months |
Financial Health Grade: A
In 2023, Myakka Elephant Ranch Inc reported a surplus of $190K with revenue exceeding expenses, holds 12.1 months of operating reserves (strong position), has a debt-to-asset ratio of 5.2% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Myakka Elephant Ranch Inc's revenue has grown at a compound annual growth rate (CAGR) of 63.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.2% | +15.0% | +28.0% |
| 2022 | +177.2% | +134.0% | +175.8% |
| 2021 | +84.8% | +254.8% | +74.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Myakka Elephant Ranch 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 Myakka Elephant Ranch 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 surplus of $190K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.2%.
Frequently Asked Questions about Myakka Elephant Ranch Inc
Is Myakka Elephant Ranch Inc a legitimate charity?
Myakka Elephant Ranch Inc (EIN: 843406463) is a registered tax-exempt nonprofit based in Florida. It has 4 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: A.
How does Myakka Elephant Ranch Inc spend its money?
Myakka Elephant Ranch Inc reported $1.3M in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Myakka Elephant Ranch Inc tax-deductible?
Myakka Elephant Ranch Inc is registered as a tax-exempt nonprofit (EIN: 843406463). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Myakka Elephant Ranch Inc located?
Myakka Elephant Ranch Inc is headquartered in Myakka City, Florida and files with the IRS under EIN 843406463. It is classified under NTEE code D20.
How many years of IRS 990 filings does Myakka Elephant Ranch Inc have?
Myakka Elephant Ranch Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.3M in total revenue.
Filing History
IRS 990 filing history for Myakka Elephant Ranch Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Myakka Elephant Ranch Inc's revenue has grown by 339.6%, moving from $294K to $1.3M. Total assets increased by 517.8% over the same period, from $180K to $1.1M. Total functional expenses rose by 855%, from $116K to $1.1M. In its most recent filing year (2023), Myakka Elephant Ranch Inc reported a surplus of $190K, with revenue exceeding expenses. The organization holds $58K in liabilities against $1.1M in assets (debt-to-asset ratio: 5.2%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.1M | $1.1M | $58K | — | — |
| 2022 | $1.5M | $960K | $867K | $5K | — | — |
| 2021 | $544K | $410K | $314K | $1K | — | View 990 |
| 2020 | $294K | $116K | $180K | $768 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.1M, and assets of $1.1M (revenue -14.2% year-over-year).
- 2022: Revenue of $1.5M, expenses of $960K, and assets of $867K (revenue +177.2% year-over-year).
- 2021: Revenue of $544K, expenses of $410K, and assets of $314K (revenue +84.8% year-over-year).
- 2020: Revenue of $294K, expenses of $116K, and assets of $180K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Myakka Elephant Ranch Inc:
Data Sources and Methodology
This transparency report for Myakka Elephant Ranch 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.