Saddlerock Education Association A Nonprofit Corporation
EIN: 462077658 · Wenatchee, WA · NTEE: B21
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.2M |
| Net Assets | $-65,118 |
Is Saddlerock Education Association A Nonprofit Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Saddlerock Education Association A Nonprofit Corporation
Saddlerock Education Association A Nonprofit Corporation (EIN: 462077658) is a nonprofit organization based in Wenatchee, WA, classified under NTEE code B21. The organization reported total revenue of $1.1M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saddlerock Education Association A Nonprofit Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saddlerock Education Association A Nonprofit Corporation is a mid-size nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 33.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-78,895 |
| Total Assets | $956K |
| Total Liabilities | $1.0M |
| Net Assets | $-65,118 |
| Operating Margin | -6.8% |
| Debt-to-Asset Ratio | 106.8% |
| Months of Reserves | 9.3 months |
Financial Health Grade: C
In 2023, Saddlerock Education Association A Nonprofit Corporation reported a deficit of $79K with expenses exceeding revenue, holds 9.3 months of operating reserves (strong position), has a debt-to-asset ratio of 106.8% (high leverage).
Financial Trends
Over 9 years of filings (2014–2023), Saddlerock Education Association A Nonprofit Corporation's revenue has grown at a compound annual growth rate (CAGR) of 33.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +77.6% | +97.7% | +229.0% |
| 2021 | +58.7% | +49.1% | +15.6% |
| 2020 | +3.0% | +1.9% | +370.7% |
| 2019 | +19.6% | +31.4% | -19.4% |
| 2018 | +19.1% | +6.4% | +35.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Saddlerock Education Association A Nonprofit Corporation 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 Saddlerock Education Association A Nonprofit Corporation 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 deficit of $79K, with expenses exceeding revenue.
- Debt-to-asset ratio: 106.8%.
Frequently Asked Questions about Saddlerock Education Association A Nonprofit Corporation
Is Saddlerock Education Association A Nonprofit Corporation a legitimate charity?
Saddlerock Education Association A Nonprofit Corporation (EIN: 462077658) is a registered tax-exempt nonprofit based in Washington. It has 9 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: C.
How does Saddlerock Education Association A Nonprofit Corporation spend its money?
Saddlerock Education Association A Nonprofit Corporation reported $1.1M in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Saddlerock Education Association A Nonprofit Corporation tax-deductible?
Saddlerock Education Association A Nonprofit Corporation is registered as a tax-exempt nonprofit (EIN: 462077658). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Saddlerock Education Association A Nonprofit Corporation located?
Saddlerock Education Association A Nonprofit Corporation is headquartered in Wenatchee, Washington and files with the IRS under EIN 462077658. It is classified under NTEE code B21.
How many years of IRS 990 filings does Saddlerock Education Association A Nonprofit Corporation have?
Saddlerock Education Association A Nonprofit Corporation has 9 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Saddlerock Education Association A Nonprofit Corporation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2014–2023), Saddlerock Education Association A Nonprofit Corporation's revenue has grown by 1249.8%, moving from $85K to $1.2M. Total assets increased by 7216.4% over the same period, from $13K to $956K. Total functional expenses rose by 1442.4%, from $80K to $1.2M. In its most recent filing year (2023), Saddlerock Education Association A Nonprofit Corporation reported a deficit of $79K, with expenses exceeding revenue. The organization holds $1.0M in liabilities against $956K in assets (debt-to-asset ratio: 106.8%), resulting in net assets of $-65,118.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.2M | $956K | $1.0M | — | View 990 |
| 2021 | $649K | $623K | $291K | $166K | — | — |
| 2020 | $409K | $418K | $251K | $224K | — | View 990 |
| 2019 | $397K | $410K | $53K | $17K | — | View 990 |
| 2018 | $332K | $312K | $66K | $17K | — | View 990 |
| 2017 | $279K | $293K | $49K | $19K | — | View 990 |
| 2016 | $291K | $253K | $56K | $12K | — | View 990 |
| 2015 | $160K | $165K | $54K | $47K | — | View 990 |
| 2014 | $85K | $80K | $13K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.2M, and assets of $956K (revenue +77.6% year-over-year).
- 2021: Revenue of $649K, expenses of $623K, and assets of $291K (revenue +58.7% year-over-year).
- 2020: Revenue of $409K, expenses of $418K, and assets of $251K (revenue +3.0% year-over-year).
- 2019: Revenue of $397K, expenses of $410K, and assets of $53K (revenue +19.6% year-over-year).
- 2018: Revenue of $332K, expenses of $312K, and assets of $66K (revenue +19.1% year-over-year).
- 2017: Revenue of $279K, expenses of $293K, and assets of $49K (revenue -4.1% year-over-year).
- 2016: Revenue of $291K, expenses of $253K, and assets of $56K (revenue +81.4% year-over-year).
- 2015: Revenue of $160K, expenses of $165K, and assets of $54K (revenue +87.6% year-over-year).
- 2014: Revenue of $85K, expenses of $80K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saddlerock Education Association A Nonprofit Corporation:
Data Sources and Methodology
This transparency report for Saddlerock Education Association A Nonprofit Corporation 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.