Shedrub Development Fund Inc
Shedrub Development Fund Inc shows strong asset growth and no liabilities, with fluctuating but often substantial revenue.
EIN: 204751696 · Northampton, MA · NTEE: R12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| Net Assets | $2.5M |
| Transparency Score | 88/100 |
Is Shedrub Development Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shedrub Development Fund Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shedrub Development Fund Inc
Shedrub Development Fund Inc (EIN: 204751696) is a nonprofit organization based in Northampton, MA, classified under NTEE code R12. The organization reported total revenue of $1.9M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shedrub Development Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shedrub Development Fund Inc is a mid-size nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$822K |
| Total Assets | $2.5M |
| Net Assets | $2.5M |
| Operating Margin | 43.6% |
| Months of Reserves | 28.5 months |
Financial Health Grade: A
In 2021, Shedrub Development Fund Inc reported a surplus of $822K with revenue exceeding expenses, holds 28.5 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2021), Shedrub Development Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +173.1% | +50.1% | +48.3% |
| 2020 | -39.2% | -15.2% | -1.0% |
| 2019 | +135.2% | +46.1% | +21.2% |
| 2018 | -59.2% | -55.5% | -5.9% |
| 2017 | +112.0% | +115.8% | -6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Shedrub Development Fund Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Shedrub Development Fund Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $822K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filings, suggesting a volunteer-led executive team or that executive salaries are covered by an external entity, which is highly favorable for resource allocation to programs.
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 Shedrub Development Fund Inc's IRS 990 filings:
- Significant year-to-year revenue fluctuation, indicating potential funding instability.
Strengths
The following positive indicators were identified for Shedrub Development Fund Inc:
- Consistent reporting of zero liabilities across all filings.
- Strong asset growth, reaching $2,522,758 in 2021.
- Frequent operational surpluses, such as the $822,151 surplus in 2021.
- 0% officer compensation reported, indicating efficient use of funds for mission.
- Positive net assets in every reported period.
Frequently Asked Questions about Shedrub Development Fund Inc
Is Shedrub Development Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shedrub Development Fund Inc (EIN: 204751696) some concerns. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
How does Shedrub Development Fund Inc spend its money?
Shedrub Development Fund Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Shedrub Development Fund Inc tax-deductible?
Shedrub Development Fund Inc is registered as a tax-exempt nonprofit (EIN: 204751696). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Shedrub Development Fund Inc's spending goes to programs?
Shedrub Development Fund Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Shedrub Development Fund Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Shedrub Development Fund Inc is above average for NTEE category R12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Shedrub Development Fund Inc located?
Shedrub Development Fund Inc is headquartered in Northampton, Massachusetts and files with the IRS under EIN 204751696. It is classified under NTEE code R12.
How many years of IRS 990 filings does Shedrub Development Fund Inc have?
Shedrub Development Fund Inc 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 $1.9M in total revenue.
Is Shedrub Development Fund Inc financially stable?
Yes, the organization appears financially stable, consistently reporting zero liabilities and growing assets, reaching $2,522,758 in 2021. They also frequently operate with a surplus, as seen in 2021 where revenue exceeded expenses by over $800,000.
How does Shedrub Development Fund Inc manage executive compensation?
Shedrub Development Fund Inc reports 0% officer compensation in all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation on the 990s, which is a strong positive for resource allocation.
What is the trend in Shedrub Development Fund Inc's revenue?
The organization's revenue has been highly variable, ranging from $359,092 in 2014 to $2,001,483 in 2015 and $1,885,024 in 2021. This suggests a reliance on potentially inconsistent funding sources.
Filing History
IRS 990 filing history for Shedrub Development Fund Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Shedrub Development Fund Inc's revenue has grown by 99.2%, moving from $946K to $1.9M. Total assets increased by 255.5% over the same period, from $710K to $2.5M. Total functional expenses rose by 164.8%, from $401K to $1.1M. In its most recent filing year (2021), Shedrub Development Fund Inc reported a surplus of $822K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $1.9M | $1.1M | $2.5M | $0 | — | — |
| 2020 | $690K | $708K | $1.7M | $0 | — | View 990 |
| 2019 | $1.1M | $835K | $1.7M | $0 | — | View 990 |
| 2018 | $483K | $571K | $1.4M | $0 | — | View 990 |
| 2017 | $1.2M | $1.3M | $1.5M | $0 | — | View 990 |
| 2016 | $558K | $595K | $1.6M | $0 | — | View 990 |
| 2015 | $2.0M | $1.0M | $1.6M | $0 | — | View 990 |
| 2014 | $359K | $459K | $685K | $0 | — | View 990 |
| 2013 | $504K | $710K | $785K | $0 | — | View 990 |
| 2012 | $1.6M | $1.3M | $992K | $0 | — | View 990 |
| 2011 | $946K | $401K | $710K | $212K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $1.9M, expenses of $1.1M, and assets of $2.5M (revenue +173.1% year-over-year).
- 2020: Revenue of $690K, expenses of $708K, and assets of $1.7M (revenue -39.2% year-over-year).
- 2019: Revenue of $1.1M, expenses of $835K, and assets of $1.7M (revenue +135.2% year-over-year).
- 2018: Revenue of $483K, expenses of $571K, and assets of $1.4M (revenue -59.2% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.3M, and assets of $1.5M (revenue +112.0% year-over-year).
- 2016: Revenue of $558K, expenses of $595K, and assets of $1.6M (revenue -72.1% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.0M, and assets of $1.6M (revenue +457.4% year-over-year).
- 2014: Revenue of $359K, expenses of $459K, and assets of $685K (revenue -28.8% year-over-year).
- 2013: Revenue of $504K, expenses of $710K, and assets of $785K (revenue -68.6% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.3M, and assets of $992K (revenue +69.9% year-over-year).
- 2011: Revenue of $946K, expenses of $401K, and assets of $710K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shedrub Development Fund Inc:
Data Sources and Methodology
This transparency report for Shedrub Development Fund 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.