Scch Fitness Center Inc
Scch Fitness Center Inc. faces declining assets and persistent operating deficits over the past decade.
EIN: 203394394 · Sullivan, IN · NTEE: E70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $415K |
| Total Expenses | $410K |
| Program Spending | 80% |
| Net Assets | $16K |
| Transparency Score | 45/100 |
Is Scch Fitness Center Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Scch Fitness Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Scch Fitness Center Inc
Scch Fitness Center Inc (EIN: 203394394) is a nonprofit organization based in Sullivan, IN, classified under NTEE code E70. The organization reported total revenue of $415K and total assets of $30K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scch Fitness Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scch Fitness Center Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $361K |
| Total Expenses | $410K |
| Surplus / Deficit | $-49,342 |
| Total Assets | $40K |
| Total Liabilities | $24K |
| Net Assets | $16K |
| Operating Margin | -13.7% |
| Debt-to-Asset Ratio | 59.9% |
| Months of Reserves | 1.2 months |
Financial Health Grade: D
In 2023, Scch Fitness Center Inc reported a deficit of $49K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 59.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Scch Fitness Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.7% | +16.5% | -55.1% |
| 2022 | +12.5% | +10.2% | -38.6% |
| 2021 | -0.5% | -2.4% | -28.0% |
| 2020 | -31.0% | -22.1% | -22.9% |
| 2019 | -16.5% | -17.3% | -16.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Scch Fitness Center Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Scch Fitness Center Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 59.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is a positive sign for resource allocation within the organization.
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 Scch Fitness Center Inc's IRS 990 filings:
- Consistent operating deficits for over a decade (e.g., $49,342 deficit in 2023).
- Significant decline in total assets from $518,607 in 2014 to $39,780 in 2023.
- Current assets ($39,780 in 2023) are barely sufficient to cover annual expenses (e.g., $410,470 in 2023), indicating very limited financial reserves.
Strengths
The following positive indicators were identified for Scch Fitness Center Inc:
- No reported officer compensation, indicating efficient use of funds in executive pay.
- Long operating history with 13 filings, suggesting a commitment to its mission despite financial challenges.
Frequently Asked Questions about Scch Fitness Center Inc
Is Scch Fitness Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Scch Fitness Center Inc (EIN: 203394394) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does Scch Fitness Center Inc spend its money?
Scch Fitness Center Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Scch Fitness Center Inc tax-deductible?
Scch Fitness Center Inc is registered as a tax-exempt nonprofit (EIN: 203394394). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Scch Fitness Center Inc's spending goes to programs?
Scch Fitness Center Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Scch Fitness Center Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Scch Fitness Center Inc is near average for NTEE category E70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Scch Fitness Center Inc located?
Scch Fitness Center Inc is headquartered in Sullivan, Indiana and files with the IRS under EIN 203394394. It is classified under NTEE code E70.
How many years of IRS 990 filings does Scch Fitness Center Inc have?
Scch Fitness Center 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 $415K in total revenue.
Is Scch Fitness Center Inc. financially sustainable?
Based on the consistent operating deficits and significant decline in assets from $518,607 in 2014 to $39,780 in 2023, the organization's financial sustainability is highly questionable without significant changes to its revenue or expense structure.
Why are assets declining so rapidly?
Assets are declining because the organization's expenses have consistently exceeded its revenues for at least the past decade, forcing it to draw down its reserves to cover operational costs. For example, in 2023, expenses were $410,470 while revenue was $361,128.
What is the organization's plan to address its operating deficits?
The provided IRS 990 data does not detail specific plans to address operating deficits. However, the consistent trend of expenses exceeding revenue (e.g., $410,470 expenses vs. $361,128 revenue in 2023) indicates this is a critical issue that needs to be addressed.
Filing History
IRS 990 filing history for Scch Fitness Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Scch Fitness Center Inc's revenue has declined by 33.8%, moving from $546K to $361K. Total assets decreased by 94.2% over the same period, from $687K to $40K. Total functional expenses rose by 15.4%, from $356K to $410K. In its most recent filing year (2023), Scch Fitness Center Inc reported a deficit of $49K, with expenses exceeding revenue. The organization holds $24K in liabilities against $40K in assets (debt-to-asset ratio: 59.9%), resulting in net assets of $16K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $361K | $410K | $40K | $24K | — | — |
| 2022 | $297K | $352K | $89K | $23K | — | View 990 |
| 2021 | $264K | $320K | $144K | $23K | — | View 990 |
| 2020 | $265K | $328K | $200K | $23K | — | View 990 |
| 2019 | $384K | $421K | $260K | $20K | — | View 990 |
| 2018 | $460K | $509K | $311K | $35K | — | View 990 |
| 2017 | $450K | $520K | $375K | $50K | — | — |
| 2016 | $434K | $505K | $434K | $40K | — | View 990 |
| 2015 | $432K | $466K | $493K | $28K | — | View 990 |
| 2014 | $339K | $394K | $519K | $20K | — | View 990 |
| 2013 | $414K | $366K | $575K | $1.2M | — | View 990 |
| 2012 | $221K | $385K | $628K | $1.3M | — | View 990 |
| 2011 | $546K | $356K | $687K | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $361K, expenses of $410K, and assets of $40K (revenue +21.7% year-over-year).
- 2022: Revenue of $297K, expenses of $352K, and assets of $89K (revenue +12.5% year-over-year).
- 2021: Revenue of $264K, expenses of $320K, and assets of $144K (revenue -0.5% year-over-year).
- 2020: Revenue of $265K, expenses of $328K, and assets of $200K (revenue -31.0% year-over-year).
- 2019: Revenue of $384K, expenses of $421K, and assets of $260K (revenue -16.5% year-over-year).
- 2018: Revenue of $460K, expenses of $509K, and assets of $311K (revenue +2.1% year-over-year).
- 2017: Revenue of $450K, expenses of $520K, and assets of $375K (revenue +3.7% year-over-year).
- 2016: Revenue of $434K, expenses of $505K, and assets of $434K (revenue +0.6% year-over-year).
- 2015: Revenue of $432K, expenses of $466K, and assets of $493K (revenue +27.3% year-over-year).
- 2014: Revenue of $339K, expenses of $394K, and assets of $519K (revenue -18.0% year-over-year).
- 2013: Revenue of $414K, expenses of $366K, and assets of $575K (revenue +87.3% year-over-year).
- 2012: Revenue of $221K, expenses of $385K, and assets of $628K (revenue -59.5% year-over-year).
- 2011: Revenue of $546K, expenses of $356K, and assets of $687K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scch Fitness Center Inc:
Data Sources and Methodology
This transparency report for Scch Fitness Center 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.