Scheels All Sports Foundation
EIN: 450447707 · Fargo, ND · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $6.2M |
| Net Assets | $216K |
Is Scheels All Sports Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Scheels All Sports Foundation
Scheels All Sports Foundation (EIN: 450447707) is a nonprofit organization based in Fargo, ND, classified under NTEE code T20Z. The organization reported total revenue of $4.9M and total assets of $216K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scheels All Sports Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scheels All Sports Foundation is a mid-size nonprofit that has been operating for 28 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.9M |
| Total Expenses | $6.2M |
| Surplus / Deficit | $-1,313,539 |
| Total Assets | $216K |
| Total Liabilities | $1 |
| Net Assets | $216K |
| Operating Margin | -26.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.4 months |
Financial Health Grade: C
In 2023, Scheels All Sports Foundation reported a deficit of $1.3M with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Scheels All Sports Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.8% | +43.6% | -88.7% |
| 2022 | +128.1% | +68.6% | -67.6% |
| 2021 | -14.5% | -14.3% | -26.7% |
| 2020 | -1.3% | -6.0% | -23.1% |
| 2019 | +12.8% | +18.3% | -17.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Scheels All Sports Foundation 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 Scheels All Sports Foundation 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 $1.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Scheels All Sports Foundation
Is Scheels All Sports Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Scheels All Sports Foundation (EIN: 450447707) insufficient data. 0 red flags identified, 0 strengths noted.
How does Scheels All Sports Foundation spend its money?
Detailed spending breakdown data is not yet available for Scheels All Sports Foundation. Check back for updated IRS 990 analysis.
Are donations to Scheels All Sports Foundation tax-deductible?
Scheels All Sports Foundation is registered as a tax-exempt nonprofit (EIN: 450447707). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Scheels All Sports Foundation located?
Scheels All Sports Foundation is headquartered in Fargo, North Dakota and files with the IRS under EIN 450447707. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Scheels All Sports Foundation have?
Scheels All Sports Foundation has 11 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 $4.9M in total revenue.
Filing History
IRS 990 filing history for Scheels All Sports Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Scheels All Sports Foundation's revenue has grown by 185.4%, moving from $1.7M to $4.9M. Total assets decreased by 98.9% over the same period, from $19.4M to $216K. Total functional expenses rose by 262.9%, from $1.7M to $6.2M. In its most recent filing year (2023), Scheels All Sports Foundation reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $1 in liabilities against $216K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $216K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.9M | $6.2M | $216K | $1 | — | — |
| 2022 | $5.8M | $4.3M | $1.9M | $378K | — | View 990 |
| 2021 | $2.5M | $2.6M | $5.9M | $5.9M | — | View 990 |
| 2020 | $3.0M | $3.0M | $8.0M | $8.0M | — | View 990 |
| 2019 | $3.0M | $3.2M | $10.5M | $10.4M | — | View 990 |
| 2018 | $2.7M | $2.7M | $12.6M | $12.6M | — | View 990 |
| 2015 | $5.7M | $5.7M | $17.9M | $17.8M | — | View 990 |
| 2014 | $5.6M | $5.6M | $18.3M | $18.1M | — | View 990 |
| 2013 | $2.8M | $2.8M | $18.7M | $18.5M | — | View 990 |
| 2012 | $2.3M | $2.3M | $19.0M | $18.9M | — | View 990 |
| 2011 | $1.7M | $1.7M | $19.4M | $19.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.9M, expenses of $6.2M, and assets of $216K (revenue -15.8% year-over-year).
- 2022: Revenue of $5.8M, expenses of $4.3M, and assets of $1.9M (revenue +128.1% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.6M, and assets of $5.9M (revenue -14.5% year-over-year).
- 2020: Revenue of $3.0M, expenses of $3.0M, and assets of $8.0M (revenue -1.3% year-over-year).
- 2019: Revenue of $3.0M, expenses of $3.2M, and assets of $10.5M (revenue +12.8% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.7M, and assets of $12.6M (revenue -53.0% year-over-year).
- 2015: Revenue of $5.7M, expenses of $5.7M, and assets of $17.9M (revenue +2.0% year-over-year).
- 2014: Revenue of $5.6M, expenses of $5.6M, and assets of $18.3M (revenue +98.4% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.8M, and assets of $18.7M (revenue +22.0% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.3M, and assets of $19.0M (revenue +34.7% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.7M, and assets of $19.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scheels All Sports Foundation:
Data Sources and Methodology
This transparency report for Scheels All Sports Foundation 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.