Polk Sheriffs Charities Inc

Polk Sheriffs Charities Inc maintains strong financial health with consistent revenue growth and zero officer compensation.

EIN: 208219397 · Winter Haven, FL · NTEE: T12 · Updated: 2026-03-28

$1.1MRevenue

$1.6MAssets

90/100Mission Score (Excellent)

T12

About Polk Sheriffs Charities Inc

Polk Sheriffs Charities Inc (EIN: 208219397) is a nonprofit organization based in Winter Haven, FL, classified under NTEE code T12. The organization reported total revenue of $1.1M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Polk Sheriffs Charities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Polk Sheriffs Charities Inc demonstrates consistent financial health with growing assets and revenues over the past decade. In the latest filing (202312), the organization reported revenues of $750,205 against expenses of $698,701, indicating a surplus that contributes to its robust asset base of $1,489,574. The organization consistently maintains zero liabilities, which is a strong indicator of financial stability and responsible management. Spending efficiency appears reasonable, with a significant portion of expenses likely directed towards program services, given the absence of officer compensation and low liabilities.

The organization's transparency is commendable, particularly due to the consistent reporting of zero officer compensation across all available filings. This suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can be a positive sign for donor confidence. The consistent filing of IRS 990s over 13 periods further enhances transparency, providing a clear historical financial record for public scrutiny. The NTEE code T12 (Law Enforcement, Crime Prevention) aligns with the organization's name, suggesting a clear mission focus.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Polk Sheriffs Charities Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Polk Sheriffs Charities Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are either uncompensated or compensated through mechanisms not reported as officer compensation on the 990, which is highly favorable for a nonprofit of its size with over $1.1 million in latest revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Polk Sheriffs Charities Inc:

Consistent financial surpluses, such as $51,504 in 2023 ($750,205 revenue - $698,701 expenses).
Zero reported liabilities across most filings, indicating strong financial stability.
No officer compensation reported in any filing, suggesting efficient use of funds.
Significant and consistent growth in both revenue and assets over the past decade.
Strong asset base of $1,489,574 in 2023, providing financial resilience.

Frequently Asked Questions about Polk Sheriffs Charities Inc

Is Polk Sheriffs Charities Inc a good charity?

Based on the available financial data, Polk Sheriffs Charities Inc appears to be a well-managed and financially healthy charity. It consistently generates surpluses, maintains zero liabilities, and reports no officer compensation, all of which are positive indicators.

How has the organization's revenue trended over time?

The organization has shown significant revenue growth, increasing from $216,803 in 2014 to $750,205 in 2023, with a peak of $867,795 in 2022. This demonstrates a strong ability to attract and sustain funding.

What is the organization's asset growth like?

Polk Sheriffs Charities Inc has experienced substantial asset growth, from $314,631 in 2014 to $1,489,574 in 2023, indicating effective financial management and accumulation of resources to support its mission.

Filing History

IRS 990 filing history for Polk Sheriffs Charities Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Polk Sheriffs Charities Inc's revenue has grown by 320%, moving from $179K to $750K. Total assets increased by 940.8% over the same period, from $143K to $1.5M. Total functional expenses rose by 303.1%, from $173K to $699K. In its most recent filing year (2023), Polk Sheriffs Charities Inc reported a surplus of $52K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$750K	$699K	$1.5M	$0	—	—
2022	$868K	$863K	$1.4M	$0	—	View 990
2021	$751K	$552K	$1.4M	$0	—	View 990
2020	$845K	$503K	$1.2M	$395	—	—
2019	$409K	$342K	$892K	$403	—	View 990
2018	$330K	$226K	$824K	$0	—	View 990
2017	$351K	$294K	$721K	$0	—	View 990
2016	$337K	$169K	$664K	$0	—	View 990
2015	$309K	$128K	$495K	$0	—	View 990
2014	$217K	$115K	$315K	$0	—	View 990
2013	$184K	$119K	$212K	$0	—	View 990
2012	$137K	$107K	$147K	$0	—	View 990
2011	$179K	$173K	$143K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $750K, expenses of $699K, and assets of $1.5M (revenue -13.6% year-over-year).
2022: Revenue of $868K, expenses of $863K, and assets of $1.4M (revenue +15.5% year-over-year).
2021: Revenue of $751K, expenses of $552K, and assets of $1.4M (revenue -11.0% year-over-year).
2020: Revenue of $845K, expenses of $503K, and assets of $1.2M (revenue +106.4% year-over-year).
2019: Revenue of $409K, expenses of $342K, and assets of $892K (revenue +24.2% year-over-year).
2018: Revenue of $330K, expenses of $226K, and assets of $824K (revenue -6.0% year-over-year).
2017: Revenue of $351K, expenses of $294K, and assets of $721K (revenue +4.0% year-over-year).
2016: Revenue of $337K, expenses of $169K, and assets of $664K (revenue +9.2% year-over-year).
2015: Revenue of $309K, expenses of $128K, and assets of $495K (revenue +42.4% year-over-year).
2014: Revenue of $217K, expenses of $115K, and assets of $315K (revenue +17.6% year-over-year).
2013: Revenue of $184K, expenses of $119K, and assets of $212K (revenue +34.5% year-over-year).
2012: Revenue of $137K, expenses of $107K, and assets of $147K (revenue -23.2% year-over-year).
2011: Revenue of $179K, expenses of $173K, and assets of $143K.

Data Sources and Methodology

This transparency report for Polk Sheriffs Charities 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.