Second Judicial Bar Association
EIN: 460412611 · Sioux Falls, SD
| Metric | Value |
|---|---|
| Total Expenses | $45K |
| Net Assets | $50K |
Is Second Judicial Bar Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Second Judicial Bar Association
Second Judicial Bar Association (EIN: 460412611) is a nonprofit organization based in Sioux Falls, SD. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Second Judicial Bar Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Second Judicial Bar Association is a micro nonprofit that has been operating for 36 years, with 8 years of IRS 990 filings on record (2014–2021). Revenue has grown at a compound annual rate of -4.8%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $45K |
| Surplus / Deficit | $-8,467 |
| Total Assets | $53K |
| Total Liabilities | $3K |
| Net Assets | $50K |
| Operating Margin | -22.9% |
| Debt-to-Asset Ratio | 6.0% |
| Months of Reserves | 14.0 months |
Financial Health Grade: B
In 2021, Second Judicial Bar Association reported a deficit of $8K with expenses exceeding revenue, holds 14.0 months of operating reserves (strong position), has a debt-to-asset ratio of 6.0% (very low leverage).
Financial Trends
Over 8 years of filings (2014–2021), Second Judicial Bar Association's revenue has declined at a compound annual growth rate (CAGR) of -4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +13.7% | +68.7% | -13.8% |
| 2020 | -42.5% | -35.6% | +10.0% |
| 2019 | +9.3% | -16.1% | +36.0% |
| 2018 | +8.6% | +4.6% | +4.8% |
| 2017 | +17.8% | -13.4% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Second Judicial Bar Association 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 Second Judicial Bar Association 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.0%.
Frequently Asked Questions about Second Judicial Bar Association
Is Second Judicial Bar Association a legitimate charity?
Second Judicial Bar Association (EIN: 460412611) is a registered tax-exempt nonprofit based in South Dakota. It has 8 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Second Judicial Bar Association spend its money?
Second Judicial Bar Association reported its financials in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Second Judicial Bar Association tax-deductible?
Second Judicial Bar Association is registered as a tax-exempt nonprofit (EIN: 460412611). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Second Judicial Bar Association located?
Second Judicial Bar Association is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 460412611.
How many years of IRS 990 filings does Second Judicial Bar Association have?
Second Judicial Bar Association has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Second Judicial Bar Association showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2014–2021), Second Judicial Bar Association's revenue has declined by 29.4%, moving from $52K to $37K. Total assets decreased by 10.4% over the same period, from $59K to $53K. Total functional expenses fell by 10.2%, from $51K to $45K. In its most recent filing year (2021), Second Judicial Bar Association reported a deficit of $8K, with expenses exceeding revenue. The organization holds $3K in liabilities against $53K in assets (debt-to-asset ratio: 6.0%), resulting in net assets of $50K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $37K | $45K | $53K | $3K | — | — |
| 2020 | $33K | $27K | $61K | $3K | — | View 990 |
| 2019 | $57K | $42K | $56K | $3K | — | View 990 |
| 2018 | $52K | $50K | $41K | $3K | — | View 990 |
| 2017 | $48K | $48K | $39K | $3K | — | View 990 |
| 2016 | $40K | $55K | $39K | $3K | — | View 990 |
| 2015 | $45K | $50K | $54K | $3K | — | View 990 |
| 2014 | $52K | $51K | $59K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $37K, expenses of $45K, and assets of $53K (revenue +13.7% year-over-year).
- 2020: Revenue of $33K, expenses of $27K, and assets of $61K (revenue -42.5% year-over-year).
- 2019: Revenue of $57K, expenses of $42K, and assets of $56K (revenue +9.3% year-over-year).
- 2018: Revenue of $52K, expenses of $50K, and assets of $41K (revenue +8.6% year-over-year).
- 2017: Revenue of $48K, expenses of $48K, and assets of $39K (revenue +17.8% year-over-year).
- 2016: Revenue of $40K, expenses of $55K, and assets of $39K (revenue -9.1% year-over-year).
- 2015: Revenue of $45K, expenses of $50K, and assets of $54K (revenue -14.9% year-over-year).
- 2014: Revenue of $52K, expenses of $51K, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Second Judicial Bar Association:
Data Sources and Methodology
This transparency report for Second Judicial Bar Association 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.