Realtors For Kids Inc
Realtors For Kids Inc maintains consistent revenue with volunteer leadership, experiencing occasional operating deficits.
EIN: 202056375 · Spearfish, SD · NTEE: O12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $128K |
| Total Expenses | $150K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100,000. |
| Net Assets | $8K |
| Transparency Score | 85/100 |
Is Realtors For Kids Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Realtors For Kids Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Realtors For Kids Inc
Realtors For Kids Inc (EIN: 202056375) is a nonprofit organization based in Spearfish, SD, classified under NTEE code O12. The organization reported total revenue of $128K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Realtors For Kids Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Realtors For Kids Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $117K |
| Total Expenses | $150K |
| Surplus / Deficit | $-32,441 |
| Total Assets | $8K |
| Net Assets | $8K |
| Operating Margin | -27.7% |
| Months of Reserves | 0.6 months |
Financial Health Grade: C
In 2023, Realtors For Kids Inc reported a deficit of $32K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Realtors For Kids Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.1% | +11.7% | -85.3% |
| 2022 | -23.3% | +27.5% | -32.4% |
| 2021 | +36.4% | +40.1% | +49.4% |
| 2020 | -4.4% | -34.4% | +103.3% |
| 2019 | -8.9% | +10.2% | -20.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Realtors For Kids Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Realtors For Kids Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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:
- The organization reported a deficit of $32K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with annual revenues around $100,000.
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 Realtors For Kids Inc's IRS 990 filings:
- Frequent operating deficits: Expenses exceeded revenue in multiple years (e.g., 2023, 2022, 2019, 2015, 2014), indicating a reliance on reserves or prior surpluses.
- Declining assets in recent years: Assets decreased from $81,546 in 2021 to $8,104 in 2023, suggesting a draw-down on reserves.
Strengths
The following positive indicators were identified for Realtors For Kids Inc:
- No executive compensation: Consistently reporting 0% officer compensation across all filings is a significant strength, indicating efficient use of funds and volunteer leadership.
- No reported liabilities: The organization has consistently reported $0 in liabilities, demonstrating sound financial management and a lack of debt.
- Consistent revenue generation: Despite fluctuations, the organization has maintained a consistent level of revenue generation over the past decade, typically above $100,000 annually.
- Strong filing history: 13 IRS 990 filings demonstrate a commitment to transparency and compliance.
Frequently Asked Questions about Realtors For Kids Inc
Is Realtors For Kids Inc a legitimate charity?
Realtors For Kids Inc (EIN: 202056375) is a registered tax-exempt nonprofit based in South Dakota. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $128K. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Realtors For Kids Inc spend its money?
Realtors For Kids Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Realtors For Kids Inc tax-deductible?
Realtors For Kids Inc is registered as a tax-exempt nonprofit (EIN: 202056375). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Realtors For Kids Inc CEO make?
Realtors For Kids Inc's highest-compensated officer earns $100,000. annually. The organization reported $128K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Realtors For Kids Inc's spending goes to programs?
Realtors For Kids Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Realtors For Kids Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Realtors For Kids Inc is above average for NTEE category O12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Realtors For Kids Inc located?
Realtors For Kids Inc is headquartered in Spearfish, South Dakota and files with the IRS under EIN 202056375. It is classified under NTEE code O12.
How many years of IRS 990 filings does Realtors For Kids Inc have?
Realtors For Kids Inc 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 $128K in total revenue.
Is Realtors For Kids Inc financially stable?
Yes, the organization appears financially stable, maintaining consistent revenue streams around $100,000-$140,000 annually. While it has experienced operating deficits in some years (e.g., $32,441 in 2023 and $26,447 in 2022), it has no reported liabilities and has shown an ability to recover and build assets in other periods.
How does Realtors For Kids Inc manage its administrative costs?
The organization manages administrative costs very efficiently, as evidenced by 0% officer compensation reported across all 13 filings. This suggests a volunteer-driven leadership, significantly reducing overhead expenses.
What is the trend in the organization's assets?
Assets have fluctuated, reaching a high of $81,546 in 2021 and a low of $6,420 in 2015. The current asset level of $22,749 (latest data) indicates a modest but present reserve, though it has decreased from previous years.
Filing History
IRS 990 filing history for Realtors For Kids Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Realtors For Kids Inc's revenue has grown by 117.7%, moving from $54K to $117K. Total assets decreased by 48.8% over the same period, from $16K to $8K. Total functional expenses rose by 176.8%, from $54K to $150K. In its most recent filing year (2023), Realtors For Kids Inc reported a deficit of $32K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $117K | $150K | $8K | $0 | — | View 990 |
| 2022 | $108K | $134K | $55K | $0 | — | View 990 |
| 2021 | $140K | $105K | $82K | $0 | — | — |
| 2020 | $103K | $75K | $55K | $0 | — | — |
| 2019 | $108K | $114K | $27K | $0 | — | View 990 |
| 2018 | $118K | $104K | $34K | $0 | — | View 990 |
| 2017 | $95K | $88K | $19K | $0 | — | View 990 |
| 2016 | $92K | $85K | $13K | $0 | — | View 990 |
| 2015 | $110K | $125K | $6K | $0 | — | View 990 |
| 2014 | $79K | $88K | $21K | $0 | — | View 990 |
| 2013 | $70K | $49K | $30K | $0 | — | View 990 |
| 2012 | $57K | $63K | $9K | $0 | — | View 990 |
| 2011 | $54K | $54K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $117K, expenses of $150K, and assets of $8K (revenue +9.1% year-over-year).
- 2022: Revenue of $108K, expenses of $134K, and assets of $55K (revenue -23.3% year-over-year).
- 2021: Revenue of $140K, expenses of $105K, and assets of $82K (revenue +36.4% year-over-year).
- 2020: Revenue of $103K, expenses of $75K, and assets of $55K (revenue -4.4% year-over-year).
- 2019: Revenue of $108K, expenses of $114K, and assets of $27K (revenue -8.9% year-over-year).
- 2018: Revenue of $118K, expenses of $104K, and assets of $34K (revenue +24.5% year-over-year).
- 2017: Revenue of $95K, expenses of $88K, and assets of $19K (revenue +3.3% year-over-year).
- 2016: Revenue of $92K, expenses of $85K, and assets of $13K (revenue -16.5% year-over-year).
- 2015: Revenue of $110K, expenses of $125K, and assets of $6K (revenue +39.9% year-over-year).
- 2014: Revenue of $79K, expenses of $88K, and assets of $21K (revenue +11.8% year-over-year).
- 2013: Revenue of $70K, expenses of $49K, and assets of $30K (revenue +24.2% year-over-year).
- 2012: Revenue of $57K, expenses of $63K, and assets of $9K (revenue +5.1% year-over-year).
- 2011: Revenue of $54K, expenses of $54K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Realtors For Kids Inc:
Data Sources and Methodology
This transparency report for Realtors For Kids 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.