Scholastic Archery Association Corporation
EIN: 461687391 · Williamsburg, KY · NTEE: N99
| Metric | Value |
|---|---|
| Total Revenue | $514K |
| Total Expenses | $484K |
| Net Assets | $190K |
Is Scholastic Archery Association Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Scholastic Archery Association Corporation
Scholastic Archery Association Corporation (EIN: 461687391) is a nonprofit organization based in Williamsburg, KY, classified under NTEE code N99. The organization reported total revenue of $514K and total assets of $203K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scholastic Archery Association Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scholastic Archery Association Corporation is a small nonprofit that has been operating for 10 years, with 10 years of IRS 990 filings on record (2013–2022). Revenue has grown at a compound annual rate of 17.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $492K |
| Total Expenses | $484K |
| Surplus / Deficit | +$7K |
| Total Assets | $203K |
| Total Liabilities | $13K |
| Net Assets | $190K |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 6.5% |
| Months of Reserves | 5.0 months |
Financial Health Grade: A
In 2022, Scholastic Archery Association Corporation reported a surplus of $7K with revenue exceeding expenses, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 6.5% (very low leverage).
Financial Trends
Over 10 years of filings (2013–2022), Scholastic Archery Association Corporation's revenue has grown at a compound annual growth rate (CAGR) of 17.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -2.0% | +22.2% | +8.8% |
| 2021 | +11.9% | -2.8% | +136.3% |
| 2020 | -14.2% | -21.0% | +45.0% |
| 2019 | +4.4% | +6.8% | +14.0% |
| 2018 | +53.8% | +37.1% | +38.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Scholastic Archery Association 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 Scholastic Archery Association 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.5%.
Frequently Asked Questions about Scholastic Archery Association Corporation
Is Scholastic Archery Association Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Scholastic Archery Association Corporation (EIN: 461687391) insufficient data. 0 red flags identified, 0 strengths noted.
How does Scholastic Archery Association Corporation spend its money?
Detailed spending breakdown data is not yet available for Scholastic Archery Association Corporation. Check back for updated IRS 990 analysis.
Are donations to Scholastic Archery Association Corporation tax-deductible?
Scholastic Archery Association Corporation is registered as a tax-exempt nonprofit (EIN: 461687391). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Scholastic Archery Association Corporation located?
Scholastic Archery Association Corporation is headquartered in Williamsburg, Kentucky and files with the IRS under EIN 461687391. It is classified under NTEE code N99.
How many years of IRS 990 filings does Scholastic Archery Association Corporation have?
Scholastic Archery Association Corporation has 10 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 $514K in total revenue.
Filing History
IRS 990 filing history for Scholastic Archery Association Corporation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2022), Scholastic Archery Association Corporation's revenue has grown by 332.7%, moving from $114K to $492K. Total assets increased by 1642.8% over the same period, from $12K to $203K. Total functional expenses rose by 374.7%, from $102K to $484K. In its most recent filing year (2022), Scholastic Archery Association Corporation reported a surplus of $7K, with revenue exceeding expenses. The organization holds $13K in liabilities against $203K in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $190K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $492K | $484K | $203K | $13K | — | View 990 |
| 2021 | $502K | $397K | $186K | $4K | — | View 990 |
| 2020 | $449K | $408K | $79K | $2K | — | — |
| 2019 | $523K | $516K | $54K | $18K | — | View 990 |
| 2018 | $501K | $484K | $48K | $18K | — | View 990 |
| 2017 | $326K | $353K | $35K | $23K | — | View 990 |
| 2016 | $348K | $361K | $61K | $23K | — | View 990 |
| 2015 | $253K | $215K | $49K | $0 | — | View 990 |
| 2014 | $104K | $106K | $10K | $0 | — | View 990 |
| 2013 | $114K | $102K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $492K, expenses of $484K, and assets of $203K (revenue -2.0% year-over-year).
- 2021: Revenue of $502K, expenses of $397K, and assets of $186K (revenue +11.9% year-over-year).
- 2020: Revenue of $449K, expenses of $408K, and assets of $79K (revenue -14.2% year-over-year).
- 2019: Revenue of $523K, expenses of $516K, and assets of $54K (revenue +4.4% year-over-year).
- 2018: Revenue of $501K, expenses of $484K, and assets of $48K (revenue +53.8% year-over-year).
- 2017: Revenue of $326K, expenses of $353K, and assets of $35K (revenue -6.3% year-over-year).
- 2016: Revenue of $348K, expenses of $361K, and assets of $61K (revenue +37.2% year-over-year).
- 2015: Revenue of $253K, expenses of $215K, and assets of $49K (revenue +144.2% year-over-year).
- 2014: Revenue of $104K, expenses of $106K, and assets of $10K (revenue -8.7% year-over-year).
- 2013: Revenue of $114K, expenses of $102K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scholastic Archery Association Corporation:
Data Sources and Methodology
This transparency report for Scholastic Archery Association 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.