Regency Cares
EIN: 822409262 · Sioux Falls, SD · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $91K |
| Total Expenses | $62K |
| Net Assets | $144K |
Is Regency Cares Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Regency Cares
Regency Cares (EIN: 822409262) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code P20. The organization reported total revenue of $91K and total assets of $180K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Regency Cares's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Regency Cares is a micro nonprofit that has been operating for 8 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 26.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $105K |
| Total Expenses | $62K |
| Surplus / Deficit | +$44K |
| Total Assets | $144K |
| Net Assets | $144K |
| Operating Margin | 41.4% |
| Months of Reserves | 28.1 months |
Financial Health Grade: A
In 2023, Regency Cares reported a surplus of $44K with revenue exceeding expenses, holds 28.1 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Regency Cares's revenue has grown at a compound annual growth rate (CAGR) of 26.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.6% | -17.0% | +43.3% |
| 2022 | +44.5% | +177.9% | +26.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Regency Cares 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 Regency Cares 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $44K, with revenue exceeding expenses.
Frequently Asked Questions about Regency Cares
Is Regency Cares a legitimate charity?
Regency Cares (EIN: 822409262) is a registered tax-exempt nonprofit based in South Dakota. It has 3 years of IRS 990 filings on record. Total revenue: $91K. No red flags identified. Financial health grade: A.
How does Regency Cares spend its money?
Regency Cares reported $91K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Regency Cares tax-deductible?
Regency Cares is registered as a tax-exempt nonprofit (EIN: 822409262). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Regency Cares located?
Regency Cares is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 822409262. It is classified under NTEE code P20.
How many years of IRS 990 filings does Regency Cares have?
Regency Cares has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $91K in total revenue.
Filing History
IRS 990 filing history for Regency Cares showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Regency Cares's revenue has grown by 59.8%, moving from $66K to $105K. Total assets increased by 80.8% over the same period, from $80K to $144K. Total functional expenses rose by 130.6%, from $27K to $62K. In its most recent filing year (2023), Regency Cares reported a surplus of $44K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $105K | $62K | $144K | $0 | — | View 990 |
| 2022 | $95K | $74K | $100K | $0 | — | — |
| 2021 | $66K | $27K | $80K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $105K, expenses of $62K, and assets of $144K (revenue +10.6% year-over-year).
- 2022: Revenue of $95K, expenses of $74K, and assets of $100K (revenue +44.5% year-over-year).
- 2021: Revenue of $66K, expenses of $27K, and assets of $80K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Regency Cares:
Data Sources and Methodology
This transparency report for Regency Cares 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.