Scit Theater Two Incorporated
EIN: 455134470 · Leon, IA · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $119K |
| Total Expenses | $58K |
| Net Assets | $67K |
Is Scit Theater Two Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Scit Theater Two Incorporated
Scit Theater Two Incorporated (EIN: 455134470) is a nonprofit organization based in Leon, IA, classified under NTEE code A65. The organization reported total revenue of $119K and total assets of $180K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scit Theater Two Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scit Theater Two Incorporated is a small nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $58K |
| Surplus / Deficit | $-1,324 |
| Total Assets | $72K |
| Total Liabilities | $5K |
| Net Assets | $67K |
| Operating Margin | -2.3% |
| Debt-to-Asset Ratio | 7.0% |
| Months of Reserves | 14.7 months |
Financial Health Grade: B
In 2023, Scit Theater Two Incorporated reported a deficit of $1K with expenses exceeding revenue, holds 14.7 months of operating reserves (strong position), has a debt-to-asset ratio of 7.0% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Scit Theater Two Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.6% | +16.5% | -1.8% |
| 2022 | -32.1% | +17.5% | -3.2% |
| 2021 | +89.7% | +31.1% | +10.9% |
| 2020 | -29.7% | -41.3% | +48.3% |
| 2019 | +286.9% | +349.4% | +9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Scit Theater Two Incorporated 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 Scit Theater Two Incorporated 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 $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.0%.
Frequently Asked Questions about Scit Theater Two Incorporated
Is Scit Theater Two Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Scit Theater Two Incorporated (EIN: 455134470) insufficient data. 0 red flags identified, 0 strengths noted.
How does Scit Theater Two Incorporated spend its money?
Detailed spending breakdown data is not yet available for Scit Theater Two Incorporated. Check back for updated IRS 990 analysis.
Are donations to Scit Theater Two Incorporated tax-deductible?
Scit Theater Two Incorporated is registered as a tax-exempt nonprofit (EIN: 455134470). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Scit Theater Two Incorporated located?
Scit Theater Two Incorporated is headquartered in Leon, Iowa and files with the IRS under EIN 455134470. It is classified under NTEE code A65.
How many years of IRS 990 filings does Scit Theater Two Incorporated have?
Scit Theater Two Incorporated 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 $119K in total revenue.
Filing History
IRS 990 filing history for Scit Theater Two Incorporated showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Scit Theater Two Incorporated's revenue has grown by 5.9%, moving from $54K to $57K. Total assets increased by 52.3% over the same period, from $47K to $72K. Total functional expenses rose by 760.8%, from $7K to $58K. In its most recent filing year (2023), Scit Theater Two Incorporated reported a deficit of $1K, with expenses exceeding revenue. The organization holds $5K in liabilities against $72K in assets (debt-to-asset ratio: 7.0%), resulting in net assets of $67K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $58K | $72K | $5K | — | — |
| 2022 | $48K | $50K | $73K | $5K | — | View 990 |
| 2021 | $70K | $43K | $75K | $5K | — | View 990 |
| 2020 | $37K | $33K | $68K | $5K | — | — |
| 2019 | $53K | $55K | $46K | $5K | — | View 990 |
| 2018 | $14K | $12K | $42K | $0 | — | View 990 |
| 2017 | $8K | $10K | $50K | $10K | — | View 990 |
| 2016 | $13K | $13K | $52K | $10K | — | View 990 |
| 2015 | $8K | $11K | $52K | $8K | — | View 990 |
| 2014 | $14K | $14K | $55K | $8K | — | View 990 |
| 2013 | $54K | $7K | $47K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $58K, and assets of $72K (revenue +19.6% year-over-year).
- 2022: Revenue of $48K, expenses of $50K, and assets of $73K (revenue -32.1% year-over-year).
- 2021: Revenue of $70K, expenses of $43K, and assets of $75K (revenue +89.7% year-over-year).
- 2020: Revenue of $37K, expenses of $33K, and assets of $68K (revenue -29.7% year-over-year).
- 2019: Revenue of $53K, expenses of $55K, and assets of $46K (revenue +286.9% year-over-year).
- 2018: Revenue of $14K, expenses of $12K, and assets of $42K (revenue +69.9% year-over-year).
- 2017: Revenue of $8K, expenses of $10K, and assets of $50K (revenue -40.3% year-over-year).
- 2016: Revenue of $13K, expenses of $13K, and assets of $52K (revenue +59.8% year-over-year).
- 2015: Revenue of $8K, expenses of $11K, and assets of $52K (revenue -38.9% year-over-year).
- 2014: Revenue of $14K, expenses of $14K, and assets of $55K (revenue -74.5% year-over-year).
- 2013: Revenue of $54K, expenses of $7K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scit Theater Two Incorporated:
Data Sources and Methodology
This transparency report for Scit Theater Two Incorporated 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.