Prairie Lakes Home Connections Inc
EIN: 460394984 · Watertown, SD
| Metric | Value |
|---|---|
| Total Expenses | $778K |
| Net Assets | $6.4M |
Is Prairie Lakes Home Connections Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Prairie Lakes Home Connections Inc
Prairie Lakes Home Connections Inc (EIN: 460394984) is a nonprofit organization based in Watertown, SD. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prairie Lakes Home Connections Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Prairie Lakes Home Connections Inc is a mid-size nonprofit that has been operating for 38 years, with 7 years of IRS 990 filings on record (2012–2018). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $778K |
| Surplus / Deficit | +$621K |
| Total Assets | $8.2M |
| Total Liabilities | $1.7M |
| Net Assets | $6.4M |
| Operating Margin | 44.4% |
| Debt-to-Asset Ratio | 21.3% |
| Months of Reserves | 126.0 months |
Financial Health Grade: A
In 2018, Prairie Lakes Home Connections Inc reported a surplus of $621K with revenue exceeding expenses, holds 126.0 months of operating reserves (strong position), has a debt-to-asset ratio of 21.3% (moderate leverage).
Financial Trends
Over 7 years of filings (2012–2018), Prairie Lakes Home Connections Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +40.0% | +9.6% | +17.4% |
| 2017 | +3.5% | +5.9% | +19.3% |
| 2016 | +15.5% | +6.2% | +8.1% |
| 2015 | -1.3% | -10.0% | +20.1% |
| 2014 | -12.1% | -3.5% | -2.1% |
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 Prairie Lakes Home Connections 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 Prairie Lakes Home Connections 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $621K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.3%.
Frequently Asked Questions about Prairie Lakes Home Connections Inc
Is Prairie Lakes Home Connections Inc a legitimate charity?
Prairie Lakes Home Connections Inc (EIN: 460394984) is a registered tax-exempt nonprofit based in South Dakota. It has 7 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Prairie Lakes Home Connections Inc spend its money?
Prairie Lakes Home Connections Inc reported its financials in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Prairie Lakes Home Connections Inc tax-deductible?
Prairie Lakes Home Connections Inc is registered as a tax-exempt nonprofit (EIN: 460394984). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Prairie Lakes Home Connections Inc located?
Prairie Lakes Home Connections Inc is headquartered in Watertown, South Dakota and files with the IRS under EIN 460394984.
How many years of IRS 990 filings does Prairie Lakes Home Connections Inc have?
Prairie Lakes Home Connections Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Prairie Lakes Home Connections Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2018), Prairie Lakes Home Connections Inc's revenue has grown by 45.3%, moving from $963K to $1.4M. Total assets increased by 157.3% over the same period, from $3.2M to $8.2M. Total functional expenses fell by 2.4%, from $798K to $778K. In its most recent filing year (2018), Prairie Lakes Home Connections Inc reported a surplus of $621K, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $8.2M in assets (debt-to-asset ratio: 21.3%), resulting in net assets of $6.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $1.4M | $778K | $8.2M | $1.7M | — | View 990 |
| 2017 | $1000K | $710K | $7.0M | $1.3M | — | View 990 |
| 2016 | $966K | $671K | $5.8M | $882K | — | View 990 |
| 2015 | $836K | $632K | $5.4M | $493K | — | View 990 |
| 2014 | $847K | $702K | $4.5M | $137K | — | View 990 |
| 2013 | $963K | $727K | $4.6M | $1.2M | — | View 990 |
| 2012 | $963K | $798K | $3.2M | $566K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $1.4M, expenses of $778K, and assets of $8.2M (revenue +40.0% year-over-year).
- 2017: Revenue of $1000K, expenses of $710K, and assets of $7.0M (revenue +3.5% year-over-year).
- 2016: Revenue of $966K, expenses of $671K, and assets of $5.8M (revenue +15.5% year-over-year).
- 2015: Revenue of $836K, expenses of $632K, and assets of $5.4M (revenue -1.3% year-over-year).
- 2014: Revenue of $847K, expenses of $702K, and assets of $4.5M (revenue -12.1% year-over-year).
- 2013: Revenue of $963K, expenses of $727K, and assets of $4.6M (revenue +0.1% year-over-year).
- 2012: Revenue of $963K, expenses of $798K, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Prairie Lakes Home Connections Inc:
Data Sources and Methodology
This transparency report for Prairie Lakes Home Connections 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.