Prairie Loft Center

Prairie Loft Center faces significant operating deficit in latest fiscal year despite strong historical asset growth.

EIN: 201556250 · Hastings, NE · NTEE: O52 · Updated: 2026-03-28

$352KRevenue
$1.5MAssets
85/100Mission Score (Excellent)
O52
Prairie Loft Center Financial Summary
MetricValue
Total Revenue$352K
Total Expenses$351K
Program Spending90%
Net Assets$1.5M
Transparency Score85/100

Search Intent Cockpit

Prairie Loft Center Form 990, Revenue, CEO Pay, and IRS Filing Signals

Prairie Loft Center is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Prairie Loft Center in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $189K and expenses of $351K.

Revenue and Expenses

Prairie Loft Center reported $189K in revenue and $351K in expenses, a deficit of $162K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

Is Prairie Loft Center Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Prairie Loft Center Expense Deployment
Program services$316K (90%)

Across stored filings, Prairie Loft Center shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Prairie Loft Center Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend90% to programsExcellent
Financial durabilityGrade B13 stored filing years
Peer contextCompare with Burlington Capital FoundationNebraska and Category O context

Trust Check

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Hastings, NE nonprofits
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90% of spending goes to programs.

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Prairie Loft Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Prairie Loft Center

Prairie Loft Center (EIN: 201556250) is a nonprofit organization based in Hastings, NE, classified under NTEE code O52. The organization reported total revenue of $352K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prairie Loft Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Prairie Loft Center is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$189K
Total Expenses$351K
Surplus / Deficit$-161,999
Total Assets$1.5M
Total Liabilities$6K
Net Assets$1.5M
Operating Margin-85.8%
Debt-to-Asset Ratio0.4%
Months of Reserves51.2 months

Financial Health Grade: B

In 2023, Prairie Loft Center reported a deficit of $162K with expenses exceeding revenue, holds 51.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Prairie Loft Center's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023-51.9%+3.2%-9.8%
2022+16.1%+66.6%+2.2%
2021+42.7%+1.0%+8.5%
2020-18.2%-11.0%-6.8%
2019-10.5%+34.3%+14.0%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Prairie Loft Center demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $1,497,051 in 2023. However, the most recent filing (202312) shows a significant operating deficit, with expenses of $350,823 far exceeding revenue of $188,824. This contrasts with previous years, such as 202212, where revenue ($392,846) comfortably covered expenses ($339,852). The organization has maintained a healthy asset base relative to its annual revenue, suggesting a degree of financial resilience, but the recent deficit warrants closer monitoring. The organization's spending efficiency appears to be strong in terms of program focus, as indicated by the absence of officer compensation, suggesting resources are directed towards its mission. The consistent growth in assets, even with fluctuating annual revenues and expenses, points to sound long-term financial management. The lack of reported officer compensation also enhances its transparency profile, as it indicates that leadership is either volunteer-based or compensated through other means not categorized as officer compensation on the 990, which is a positive sign for donor confidence. While the organization's financial health has been robust, the substantial deficit in the latest reporting period (202312) is a concern that could impact future sustainability if it becomes a trend. Donors should review subsequent filings to ensure this was an anomaly rather than a shift in financial management. Overall, Prairie Loft Center appears to be a well-managed organization with a strong commitment to its mission, but the recent financial performance requires attention.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Prairie Loft Center with a Mission Score of 85 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: 90%
  • fundraising: 0%

According to IRS 990 filings, Prairie Loft Center allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$189KTotal Revenue
$351KTotal Expenses
$1.5MTotal Assets
$6KTotal Liabilities
$1.5MNet Assets
  • The organization reported a deficit of $162K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.4%.

Executive Compensation Analysis

Executive compensation is reported as 0% in all available filings, indicating that officers are either uncompensated volunteers or compensated through mechanisms not classified as officer compensation on the 990, which is a positive indicator for resource allocation towards the mission.

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.

Red Flags

The following concerns were identified during AI analysis of Prairie Loft Center's IRS 990 filings:

  • Significant operating deficit in the latest fiscal year (202312), with expenses exceeding revenue by $161,999.

Strengths

The following positive indicators were identified for Prairie Loft Center:

  • Consistent asset growth over the past decade, indicating strong long-term financial management.
  • No reported officer compensation across all filings, suggesting high efficiency in directing funds to mission.
  • Healthy asset base ($1,497,051 in 2023) providing financial stability.
  • Low liabilities relative to assets, indicating sound financial health.

Frequently Asked Questions about Prairie Loft Center

Is Prairie Loft Center a legitimate charity?

Prairie Loft Center (EIN: 201556250) is a registered tax-exempt nonprofit based in Nebraska. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $352K. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does Prairie Loft Center spend its money?

Prairie Loft Center directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Prairie Loft Center tax-deductible?

Prairie Loft Center is registered as a tax-exempt nonprofit (EIN: 201556250). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Prairie Loft Center compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Prairie Loft Center is above average for NTEE category O52 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Prairie Loft Center located?

Prairie Loft Center is headquartered in Hastings, Nebraska and files with the IRS under EIN 201556250. It is classified under NTEE code O52.

How many years of IRS 990 filings does Prairie Loft Center have?

Prairie Loft Center has 13 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 $352K in total revenue.

Is Prairie Loft Center a good charity?

Based on the available data, Prairie Loft Center appears to be a good charity. It has a strong history of asset growth, no reported officer compensation, and generally manages its finances well, although the latest filing shows a significant operating deficit that warrants attention.

What caused the large deficit in the 202312 period?

The provided data does not specify the exact causes for the deficit of $161,999 (Expenses $350,823 - Revenue $188,824) in the 202312 period. It could be due to a temporary decrease in donations, increased program costs, or a combination of factors. Further investigation into their detailed financial statements would be needed.

How does Prairie Loft Center's asset growth compare to its revenue?

Prairie Loft Center has shown consistent asset growth, from $951,034 in 2014 to $1,497,051 in 2023, even with fluctuating annual revenues. This indicates effective long-term financial management and accumulation of resources, suggesting a strong balance sheet relative to its operational scale.

Filing History

IRS 990 filing history for Prairie Loft Center showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Prairie Loft Center's revenue has declined by 16.6%, moving from $226K to $189K. Total assets increased by 167.8% over the same period, from $559K to $1.5M. Total functional expenses rose by 252.8%, from $99K to $351K. In its most recent filing year (2023), Prairie Loft Center reported a deficit of $162K, with expenses exceeding revenue. The organization holds $6K in liabilities against $1.5M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $1.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $189K $351K $1.5M $6K View 990
2022 $393K $340K $1.7M $7K View 990
2021 $338K $204K $1.6M $3K View 990
2020 $237K $202K $1.5M $10K View 990
2019 $290K $227K $1.6M $155K View 990
2018 $324K $169K $1.4M $20K View 990
2017 $269K $151K $1.3M $25K
2016 $300K $146K $1.1M $28K View 990
2015 $262K $215K $994K $32K View 990
2014 $326K $141K $951K $35K View 990
2013 $240K $126K $771K $40K View 990
2012 $225K $120K $662K $45K View 990
2011 $226K $99K $559K $47K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $189K, expenses of $351K, and assets of $1.5M (revenue -51.9% year-over-year).
  • 2022: Revenue of $393K, expenses of $340K, and assets of $1.7M (revenue +16.1% year-over-year).
  • 2021: Revenue of $338K, expenses of $204K, and assets of $1.6M (revenue +42.7% year-over-year).
  • 2020: Revenue of $237K, expenses of $202K, and assets of $1.5M (revenue -18.2% year-over-year).
  • 2019: Revenue of $290K, expenses of $227K, and assets of $1.6M (revenue -10.5% year-over-year).
  • 2018: Revenue of $324K, expenses of $169K, and assets of $1.4M (revenue +20.4% year-over-year).
  • 2017: Revenue of $269K, expenses of $151K, and assets of $1.3M (revenue -10.4% year-over-year).
  • 2016: Revenue of $300K, expenses of $146K, and assets of $1.1M (revenue +14.7% year-over-year).
  • 2015: Revenue of $262K, expenses of $215K, and assets of $994K (revenue -19.7% year-over-year).
  • 2014: Revenue of $326K, expenses of $141K, and assets of $951K (revenue +36.0% year-over-year).
  • 2013: Revenue of $240K, expenses of $126K, and assets of $771K (revenue +6.5% year-over-year).
  • 2012: Revenue of $225K, expenses of $120K, and assets of $662K (revenue -0.6% year-over-year).
  • 2011: Revenue of $226K, expenses of $99K, and assets of $559K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Prairie Loft Center:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Prairie Loft Center 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.

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