Rapid City Community Development Co
EIN: 460439146 · Rapid City, SD
| Metric | Value |
|---|---|
| Total Expenses | $65K |
| Net Assets | $935K |
Is Rapid City Community Development Co Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rapid City Community Development Co
Rapid City Community Development Co (EIN: 460439146) is a nonprofit organization based in Rapid City, 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 Rapid City Community Development Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rapid City Community Development Co is a micro nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -23.8%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $65K |
| Surplus / Deficit | $-35,192 |
| Total Assets | $936K |
| Total Liabilities | $850 |
| Net Assets | $935K |
| Operating Margin | -118.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 173.0 months |
Financial Health Grade: B
In 2014, Rapid City Community Development Co reported a deficit of $35K with expenses exceeding revenue, holds 173.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Rapid City Community Development Co's revenue has declined at a compound annual growth rate (CAGR) of -23.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -63.0% | +30.4% | -3.5% |
| 2013 | +782.4% | +134.3% | +3.3% |
| 2012 | -86.5% | -91.4% | -3.0% |
AI Analysis Pending
AI enrichment for Rapid City Community Development Co 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 Rapid City Community Development Co 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Rapid City Community Development Co
Is Rapid City Community Development Co a legitimate charity?
Rapid City Community Development Co (EIN: 460439146) is a registered tax-exempt nonprofit based in South Dakota. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Rapid City Community Development Co spend its money?
Rapid City Community Development Co reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rapid City Community Development Co tax-deductible?
Rapid City Community Development Co is registered as a tax-exempt nonprofit (EIN: 460439146). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rapid City Community Development Co located?
Rapid City Community Development Co is headquartered in Rapid City, South Dakota and files with the IRS under EIN 460439146.
How many years of IRS 990 filings does Rapid City Community Development Co have?
Rapid City Community Development Co has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Rapid City Community Development Co showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Rapid City Community Development Co's revenue has declined by 55.8%, moving from $67K to $30K. Total assets decreased by 3.4% over the same period, from $969K to $936K. Total functional expenses fell by 73.7%, from $247K to $65K. In its most recent filing year (2014), Rapid City Community Development Co reported a deficit of $35K, with expenses exceeding revenue. The organization holds $850 in liabilities against $936K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $935K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $30K | $65K | $936K | $850 | — | View 990 |
| 2013 | $80K | $50K | $970K | $1 | — | View 990 |
| 2012 | $9K | $21K | $940K | $1 | — | View 990 |
| 2011 | $67K | $247K | $969K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $30K, expenses of $65K, and assets of $936K (revenue -63.0% year-over-year).
- 2013: Revenue of $80K, expenses of $50K, and assets of $970K (revenue +782.4% year-over-year).
- 2012: Revenue of $9K, expenses of $21K, and assets of $940K (revenue -86.5% year-over-year).
- 2011: Revenue of $67K, expenses of $247K, and assets of $969K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rapid City Community Development Co:
Data Sources and Methodology
This transparency report for Rapid City Community Development Co 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.