Sherman Hill Association Inc
EIN: 421078722 · Des Moines, IA
| Metric | Value |
|---|---|
| Total Revenue | $419K |
| Total Expenses | $372K |
| Net Assets | $80K |
Is Sherman Hill Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sherman Hill Association Inc
Sherman Hill Association Inc (EIN: 421078722) is a nonprofit organization based in Des Moines, IA. The organization reported total revenue of $419K and total assets of $142K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sherman Hill Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sherman Hill Association Inc is a small nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $387K |
| Total Expenses | $372K |
| Surplus / Deficit | +$15K |
| Total Assets | $80K |
| Net Assets | $80K |
| Operating Margin | 3.8% |
| Months of Reserves | 2.6 months |
Financial Health Grade: A
In 2023, Sherman Hill Association Inc reported a surplus of $15K with revenue exceeding expenses, holds 2.6 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Sherman Hill Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +622.3% | +817.7% | +22.9% |
| 2022 | -17.7% | -47.7% | +25.2% |
| 2021 | +88.8% | +30.2% | -19.4% |
| 2020 | +10.3% | +0.4% | -28.1% |
| 2019 | -71.7% | -14.9% | -23.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sherman Hill Association Inc 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 Sherman Hill Association Inc 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 surplus of $15K, with revenue exceeding expenses.
Frequently Asked Questions about Sherman Hill Association Inc
Is Sherman Hill Association Inc a legitimate charity?
Sherman Hill Association Inc (EIN: 421078722) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $419K. No red flags identified. Financial health grade: A.
How does Sherman Hill Association Inc spend its money?
Sherman Hill Association Inc reported $419K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sherman Hill Association Inc tax-deductible?
Sherman Hill Association Inc is registered as a tax-exempt nonprofit (EIN: 421078722). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sherman Hill Association Inc located?
Sherman Hill Association Inc is headquartered in Des Moines, Iowa and files with the IRS under EIN 421078722.
How many years of IRS 990 filings does Sherman Hill Association Inc have?
Sherman Hill Association 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 $419K in total revenue.
Filing History
IRS 990 filing history for Sherman Hill Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sherman Hill Association Inc's revenue has grown by 415.9%, moving from $75K to $387K. Total assets increased by 21.5% over the same period, from $65K to $80K. Total functional expenses rose by 393.4%, from $75K to $372K. In its most recent filing year (2023), Sherman Hill Association Inc reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $387K | $372K | $80K | $0 | — | — |
| 2022 | $54K | $41K | $65K | $0 | — | View 990 |
| 2021 | $65K | $77K | $52K | $0 | — | View 990 |
| 2020 | $34K | $59K | $64K | $0 | — | View 990 |
| 2019 | $31K | $59K | $89K | $0 | — | View 990 |
| 2018 | $110K | $70K | $117K | $0 | — | View 990 |
| 2017 | $25K | $685K | $77K | $0 | — | View 990 |
| 2016 | $78K | $70K | $736K | $0 | — | View 990 |
| 2015 | $633K | $48K | $1.3M | $0 | — | View 990 |
| 2014 | $701K | $45K | $713K | $0 | — | View 990 |
| 2013 | $44K | $35K | $57K | $0 | — | View 990 |
| 2012 | $30K | $47K | $48K | $0 | — | View 990 |
| 2011 | $75K | $75K | $65K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $387K, expenses of $372K, and assets of $80K (revenue +622.3% year-over-year).
- 2022: Revenue of $54K, expenses of $41K, and assets of $65K (revenue -17.7% year-over-year).
- 2021: Revenue of $65K, expenses of $77K, and assets of $52K (revenue +88.8% year-over-year).
- 2020: Revenue of $34K, expenses of $59K, and assets of $64K (revenue +10.3% year-over-year).
- 2019: Revenue of $31K, expenses of $59K, and assets of $89K (revenue -71.7% year-over-year).
- 2018: Revenue of $110K, expenses of $70K, and assets of $117K (revenue +341.1% year-over-year).
- 2017: Revenue of $25K, expenses of $685K, and assets of $77K (revenue -67.9% year-over-year).
- 2016: Revenue of $78K, expenses of $70K, and assets of $736K (revenue -87.7% year-over-year).
- 2015: Revenue of $633K, expenses of $48K, and assets of $1.3M (revenue -9.8% year-over-year).
- 2014: Revenue of $701K, expenses of $45K, and assets of $713K (revenue +1501.0% year-over-year).
- 2013: Revenue of $44K, expenses of $35K, and assets of $57K (revenue +45.1% year-over-year).
- 2012: Revenue of $30K, expenses of $47K, and assets of $48K (revenue -59.7% year-over-year).
- 2011: Revenue of $75K, expenses of $75K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sherman Hill Association Inc:
Data Sources and Methodology
This transparency report for Sherman Hill Association 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.