Sand Springs Park Friends Inc
Sand Springs Park Friends Inc. shows volatile revenue and expenses but maintains zero liabilities and no executive compensation.
EIN: 205608116 · Sand Springs, OK · NTEE: N32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $49K |
| Total Expenses | $13K |
| Program Spending | 85% |
| Net Assets | $116K |
| Transparency Score | 80/100 |
Is Sand Springs Park Friends Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sand Springs Park Friends Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sand Springs Park Friends Inc
Sand Springs Park Friends Inc (EIN: 205608116) is a nonprofit organization based in Sand Springs, OK, classified under NTEE code N32. The organization reported total revenue of $49K and total assets of $123K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sand Springs Park Friends Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sand Springs Park Friends Inc is a micro nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -10.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $13K |
| Surplus / Deficit | $-4,986 |
| Total Assets | $116K |
| Net Assets | $116K |
| Operating Margin | -59.9% |
| Months of Reserves | 104.8 months |
Financial Health Grade: B
In 2024, Sand Springs Park Friends Inc reported a deficit of $5K with expenses exceeding revenue, holds 104.8 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Sand Springs Park Friends Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -85.8% | -61.9% | -5.0% |
| 2023 | +56.1% | -23.1% | +46.5% |
| 2022 | -4.9% | -54.9% | -8.7% |
| 2021 | -86.1% | -86.1% | -40.1% |
| 2020 | -13.0% | +3706.5% | -74.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Sand Springs Park Friends Inc with a Mission Score of 80 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: 85%
- fundraising: 5%
According to IRS 990 filings, Sand Springs Park Friends Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filings, indicating a volunteer-led structure and ensuring all funds are directed towards its mission rather than executive salaries, which is highly commendable for an organization of its size.
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 Sand Springs Park Friends Inc's IRS 990 filings:
- Highly volatile revenue and expense figures year-over-year, making long-term financial planning challenging.
- Expenses exceeded revenue in the latest filing period (202406), indicating a short-term deficit.
Strengths
The following positive indicators were identified for Sand Springs Park Friends Inc:
- Consistent reporting of 0% officer compensation, indicating a volunteer-driven model and efficient use of funds.
- Maintains zero liabilities across all filing periods, demonstrating strong financial management and no debt burden.
- Healthy asset base ($122,793) despite revenue volatility, providing a buffer for operations.
- Focus on community parks (NTEE Code N32) suggests a clear mission.
Frequently Asked Questions about Sand Springs Park Friends Inc
Is Sand Springs Park Friends Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sand Springs Park Friends Inc (EIN: 205608116) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does Sand Springs Park Friends Inc spend its money?
Sand Springs Park Friends Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sand Springs Park Friends Inc tax-deductible?
Sand Springs Park Friends Inc is registered as a tax-exempt nonprofit (EIN: 205608116). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sand Springs Park Friends Inc's spending goes to programs?
Sand Springs Park Friends Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sand Springs Park Friends Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Sand Springs Park Friends Inc is above average for NTEE category N32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sand Springs Park Friends Inc located?
Sand Springs Park Friends Inc is headquartered in Sand Springs, Oklahoma and files with the IRS under EIN 205608116. It is classified under NTEE code N32.
How many years of IRS 990 filings does Sand Springs Park Friends Inc have?
Sand Springs Park Friends Inc has 14 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 $49K in total revenue.
Is Sand Springs Park Friends Inc. financially stable?
While the organization has experienced significant revenue and expense volatility, with annual revenues ranging from $8,323 to $1,860,881, it consistently maintains zero liabilities and a healthy asset base (currently $122,793). This suggests a degree of stability despite fluctuating annual income.
How does Sand Springs Park Friends Inc. manage executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that its leadership is unpaid. This is a strong positive for efficiency and ensures resources are not diverted to executive salaries.
What caused the large fluctuations in revenue and expenses?
The provided data does not specify the exact causes, but such large swings (e.g., $1.8M revenue in 2017 vs. $8K in 2024) often suggest reliance on large, infrequent grants, capital projects, or significant one-time fundraising events. Further investigation into their funding sources would be needed.
Is the organization transparent?
Yes, the organization demonstrates good transparency by consistently reporting zero liabilities and no officer compensation. However, a more detailed breakdown of program, administrative, and fundraising expenses would further enhance transparency.
Filing History
IRS 990 filing history for Sand Springs Park Friends Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Sand Springs Park Friends Inc's revenue has declined by 77.6%, moving from $37K to $8K. Total assets increased by 49.8% over the same period, from $78K to $116K. Total functional expenses fell by 93.7%, from $210K to $13K. In its most recent filing year (2024), Sand Springs Park Friends Inc reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $8K | $13K | $116K | $0 | — | — |
| 2023 | $59K | $35K | $122K | $0 | — | View 990 |
| 2022 | $38K | $45K | $83K | $0 | — | View 990 |
| 2021 | $39K | $101K | $91K | $0 | — | — |
| 2020 | $285K | $723K | $153K | $0 | — | View 990 |
| 2019 | $327K | $19K | $590K | $0 | — | View 990 |
| 2018 | $67K | $81K | $282K | $0 | — | View 990 |
| 2017 | $1.9M | $2.1M | $296K | $0 | — | — |
| 2016 | $228K | $76K | $497K | $0 | — | View 990 |
| 2015 | $330K | $1K | $345K | $0 | — | View 990 |
| 2014 | $193 | $3K | $16K | $0 | — | View 990 |
| 2013 | $14K | $95K | $19K | $0 | — | View 990 |
| 2012 | $69K | $46K | $100K | $0 | — | View 990 |
| 2011 | $37K | $210K | $78K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $8K, expenses of $13K, and assets of $116K (revenue -85.8% year-over-year).
- 2023: Revenue of $59K, expenses of $35K, and assets of $122K (revenue +56.1% year-over-year).
- 2022: Revenue of $38K, expenses of $45K, and assets of $83K (revenue -4.9% year-over-year).
- 2021: Revenue of $39K, expenses of $101K, and assets of $91K (revenue -86.1% year-over-year).
- 2020: Revenue of $285K, expenses of $723K, and assets of $153K (revenue -13.0% year-over-year).
- 2019: Revenue of $327K, expenses of $19K, and assets of $590K (revenue +386.4% year-over-year).
- 2018: Revenue of $67K, expenses of $81K, and assets of $282K (revenue -96.4% year-over-year).
- 2017: Revenue of $1.9M, expenses of $2.1M, and assets of $296K (revenue +717.5% year-over-year).
- 2016: Revenue of $228K, expenses of $76K, and assets of $497K (revenue -31.1% year-over-year).
- 2015: Revenue of $330K, expenses of $1K, and assets of $345K (revenue +171078.8% year-over-year).
- 2014: Revenue of $193, expenses of $3K, and assets of $16K (revenue -98.6% year-over-year).
- 2013: Revenue of $14K, expenses of $95K, and assets of $19K (revenue -79.5% year-over-year).
- 2012: Revenue of $69K, expenses of $46K, and assets of $100K (revenue +84.6% year-over-year).
- 2011: Revenue of $37K, expenses of $210K, and assets of $78K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sand Springs Park Friends Inc:
Data Sources and Methodology
This transparency report for Sand Springs Park Friends 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.