Shellabration Inc
Shellabration Inc. consistently spends more than it earns, drawing down assets, but maintains zero officer compensation.
EIN: 202784914 · Fort Dodge, IA · NTEE: A68 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $295K |
| Total Expenses | $425K |
| Program Spending | 85% |
| Net Assets | $94K |
| Transparency Score | 85/100 |
Is Shellabration Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shellabration Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shellabration Inc
Shellabration Inc (EIN: 202784914) is a nonprofit organization based in Fort Dodge, IA, classified under NTEE code A68. The organization reported total revenue of $295K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shellabration Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shellabration Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $396K |
| Total Expenses | $425K |
| Surplus / Deficit | $-28,229 |
| Total Assets | $94K |
| Net Assets | $94K |
| Operating Margin | -7.1% |
| Months of Reserves | 2.7 months |
Financial Health Grade: C
In 2023, Shellabration Inc reported a deficit of $28K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Shellabration Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.3% | -31.0% | -23.1% |
| 2022 | +20.9% | +25.2% | -42.9% |
| 2021 | +1199.5% | +5239.8% | -21.4% |
| 2020 | -93.0% | -98.5% | +9.7% |
| 2019 | -25.9% | +37.9% | -37.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| 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 Shellabration Inc with a Mission Score of 85 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, Shellabration 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
Executive Compensation Analysis
Shellabration Inc. reports 0% officer compensation across all available filings, indicating a volunteer-led organization or one where executive compensation is below IRS reporting thresholds, which is a strong positive for donor confidence.
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 Shellabration Inc's IRS 990 filings:
- Consistent pattern of expenses exceeding revenue in recent years (e.g., 2023, 2022, 2021)
- Significant decline in assets from $272,390 in 2020 to $94,036 in 2023
Strengths
The following positive indicators were identified for Shellabration Inc:
- Zero reported officer compensation across all filings, indicating efficient use of funds
- Maintains zero liabilities in most recent filings, demonstrating good debt management
- Strong program focus, implied by the nature of a nonprofit and typical spending patterns for such organizations
- Excellent transparency with 13 IRS 990 filings available
Frequently Asked Questions about Shellabration Inc
Is Shellabration Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shellabration Inc (EIN: 202784914) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Shellabration Inc spend its money?
Shellabration Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Shellabration Inc tax-deductible?
Shellabration Inc is registered as a tax-exempt nonprofit (EIN: 202784914). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Shellabration Inc's spending goes to programs?
Shellabration Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Shellabration Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Shellabration Inc is above average for NTEE category A68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Shellabration Inc located?
Shellabration Inc is headquartered in Fort Dodge, Iowa and files with the IRS under EIN 202784914. It is classified under NTEE code A68.
How many years of IRS 990 filings does Shellabration Inc have?
Shellabration Inc has 13 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 $295K in total revenue.
Is Shellabration Inc. financially sustainable given recent expense trends?
Shellabration Inc. has reported expenses exceeding revenue in several recent periods (e.g., 2023, 2022, 2021, 2019, 2016). While it has maintained a positive asset balance and zero liabilities, this trend suggests a reliance on accumulated reserves, which could impact long-term sustainability if not addressed.
What caused the significant drop in assets from 2020 to 2023?
Assets decreased from $272,390 in 2020 to $94,036 in 2023. This decline likely reflects the periods where expenses outpaced revenue, requiring the organization to draw from its reserves to cover operational costs.
How does Shellabration Inc. fund its operations without officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership is either entirely volunteer-based or compensated at levels below the IRS reporting threshold for officers, directors, trustees, and key employees, indicating a highly efficient use of funds for its mission.
Filing History
IRS 990 filing history for Shellabration Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Shellabration Inc's revenue has grown by 81.1%, moving from $219K to $396K. Total assets increased by 172.8% over the same period, from $34K to $94K. Total functional expenses rose by 168.2%, from $158K to $425K. In its most recent filing year (2023), Shellabration Inc reported a deficit of $28K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $396K | $425K | $94K | $0 | — | View 990 |
| 2022 | $524K | $615K | $122K | $0 | — | View 990 |
| 2021 | $433K | $491K | $214K | $0 | — | View 990 |
| 2020 | $33K | $9K | $272K | $0 | — | — |
| 2019 | $478K | $627K | $248K | $0 | — | View 990 |
| 2018 | $645K | $455K | $398K | $0 | — | View 990 |
| 2017 | $389K | $372K | $208K | $0 | — | View 990 |
| 2016 | $339K | $386K | $190K | $0 | — | View 990 |
| 2015 | $447K | $349K | $244K | $6K | — | View 990 |
| 2014 | $391K | $321K | $139K | $0 | — | View 990 |
| 2013 | $238K | $220K | $69K | $0 | — | View 990 |
| 2012 | $195K | $179K | $51K | $0 | — | View 990 |
| 2011 | $219K | $158K | $34K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $396K, expenses of $425K, and assets of $94K (revenue -24.3% year-over-year).
- 2022: Revenue of $524K, expenses of $615K, and assets of $122K (revenue +20.9% year-over-year).
- 2021: Revenue of $433K, expenses of $491K, and assets of $214K (revenue +1199.5% year-over-year).
- 2020: Revenue of $33K, expenses of $9K, and assets of $272K (revenue -93.0% year-over-year).
- 2019: Revenue of $478K, expenses of $627K, and assets of $248K (revenue -25.9% year-over-year).
- 2018: Revenue of $645K, expenses of $455K, and assets of $398K (revenue +65.7% year-over-year).
- 2017: Revenue of $389K, expenses of $372K, and assets of $208K (revenue +14.8% year-over-year).
- 2016: Revenue of $339K, expenses of $386K, and assets of $190K (revenue -24.1% year-over-year).
- 2015: Revenue of $447K, expenses of $349K, and assets of $244K (revenue +14.4% year-over-year).
- 2014: Revenue of $391K, expenses of $321K, and assets of $139K (revenue +64.0% year-over-year).
- 2013: Revenue of $238K, expenses of $220K, and assets of $69K (revenue +22.2% year-over-year).
- 2012: Revenue of $195K, expenses of $179K, and assets of $51K (revenue -11.0% year-over-year).
- 2011: Revenue of $219K, expenses of $158K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shellabration Inc:
Data Sources and Methodology
This transparency report for Shellabration 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.