Shirdi Sai Center Of Texas Inc
Shirdi Sai Center Of Texas Inc consistently generates significant surpluses, growing assets to over $3.5 million with minimal reported expenses.
EIN: 204027250 · Irving, TX · NTEE: X70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $877K |
| Total Expenses | $223K |
| Program Spending | 80% |
| Net Assets | $3.5M |
| Transparency Score | 85/100 |
Is Shirdi Sai Center Of Texas Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shirdi Sai Center Of Texas Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shirdi Sai Center Of Texas Inc
Shirdi Sai Center Of Texas Inc (EIN: 204027250) is a nonprofit organization based in Irving, TX, classified under NTEE code X70. The organization reported total revenue of $877K and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shirdi Sai Center Of Texas Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shirdi Sai Center Of Texas Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $807K |
| Total Expenses | $223K |
| Surplus / Deficit | +$584K |
| Total Assets | $3.5M |
| Total Liabilities | $2K |
| Net Assets | $3.5M |
| Operating Margin | 72.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 189.1 months |
Financial Health Grade: A
In 2023, Shirdi Sai Center Of Texas Inc reported a surplus of $584K with revenue exceeding expenses, holds 189.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Shirdi Sai Center Of Texas Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.1% | +30.3% | +20.0% |
| 2022 | +41.6% | -2.6% | +24.9% |
| 2021 | +63.5% | -15.4% | +17.7% |
| 2020 | -35.9% | -15.6% | +7.4% |
| 2019 | +23.6% | +15.2% | +16.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2007 |
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 Shirdi Sai Center Of Texas 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Shirdi Sai Center Of Texas Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 surplus of $584K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated below IRS reporting thresholds, which is a positive indicator for resource allocation to the mission.
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 Shirdi Sai Center Of Texas Inc's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes it difficult to fully assess program vs. administrative spending efficiency.
Strengths
The following positive indicators were identified for Shirdi Sai Center Of Texas Inc:
- Consistent and strong revenue growth over the past decade.
- Significant and continuous asset accumulation, reaching $3,506,775 in 2023.
- Very low expense-to-revenue ratio (e.g., 27.5% in 2023), indicating efficient operations or significant surpluses.
- No reported officer compensation, suggesting volunteer leadership or highly efficient use of funds.
- Low liabilities relative to assets, indicating strong financial solvency.
Frequently Asked Questions about Shirdi Sai Center Of Texas Inc
Is Shirdi Sai Center Of Texas Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shirdi Sai Center Of Texas Inc (EIN: 204027250) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Shirdi Sai Center Of Texas Inc spend its money?
Shirdi Sai Center Of Texas Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Shirdi Sai Center Of Texas Inc tax-deductible?
Shirdi Sai Center Of Texas Inc is registered as a tax-exempt nonprofit (EIN: 204027250). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Shirdi Sai Center Of Texas Inc's spending goes to programs?
Shirdi Sai Center Of Texas Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Shirdi Sai Center Of Texas Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Shirdi Sai Center Of Texas Inc is above average for NTEE category X70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Shirdi Sai Center Of Texas Inc located?
Shirdi Sai Center Of Texas Inc is headquartered in Irving, Texas and files with the IRS under EIN 204027250. It is classified under NTEE code X70.
How many years of IRS 990 filings does Shirdi Sai Center Of Texas Inc have?
Shirdi Sai Center Of Texas 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 $877K in total revenue.
Is Shirdi Sai Center Of Texas Inc financially stable?
Yes, the organization is very financially stable, consistently generating significant surpluses (e.g., $584,387 in 2023) and accumulating substantial assets ($3,506,775 in 2023) with relatively low liabilities.
How has the organization's revenue grown over time?
Shirdi Sai Center Of Texas Inc has shown strong revenue growth, increasing from $321,604 in 2014 to $806,894 in 2023, more than doubling its income in a decade.
What is the organization's asset growth trend?
The organization's assets have grown consistently and significantly, from $728,098 in 2014 to $3,506,775 in 2023, indicating strong financial health and capacity building.
Does the organization pay its officers?
Based on the provided IRS 990 data, the organization consistently reports 0% officer compensation, suggesting no reportable salaries for its officers.
Filing History
IRS 990 filing history for Shirdi Sai Center Of Texas Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Shirdi Sai Center Of Texas Inc's revenue has grown by 342.7%, moving from $182K to $807K. Total assets increased by 844.9% over the same period, from $371K to $3.5M. Total functional expenses rose by 152%, from $88K to $223K. In its most recent filing year (2023), Shirdi Sai Center Of Texas Inc reported a surplus of $584K, with revenue exceeding expenses. The organization holds $2K in liabilities against $3.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $807K | $223K | $3.5M | $2K | — | View 990 |
| 2022 | $761K | $171K | $2.9M | $1K | — | — |
| 2021 | $537K | $175K | $2.3M | $8K | — | View 990 |
| 2020 | $329K | $207K | $2.0M | $18K | — | View 990 |
| 2019 | $513K | $245K | $1.8M | $1K | — | View 990 |
| 2018 | $415K | $213K | $1.6M | $2K | — | View 990 |
| 2017 | $358K | $155K | $1.4M | $0 | — | View 990 |
| 2016 | $340K | $128K | $1.2M | $0 | — | View 990 |
| 2015 | $372K | $136K | $964K | $0 | — | View 990 |
| 2014 | $322K | $115K | $728K | $0 | — | View 990 |
| 2013 | $195K | $130K | $522K | $0 | — | View 990 |
| 2012 | $216K | $131K | $457K | $0 | — | View 990 |
| 2011 | $182K | $88K | $371K | $98 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $807K, expenses of $223K, and assets of $3.5M (revenue +6.1% year-over-year).
- 2022: Revenue of $761K, expenses of $171K, and assets of $2.9M (revenue +41.6% year-over-year).
- 2021: Revenue of $537K, expenses of $175K, and assets of $2.3M (revenue +63.5% year-over-year).
- 2020: Revenue of $329K, expenses of $207K, and assets of $2.0M (revenue -35.9% year-over-year).
- 2019: Revenue of $513K, expenses of $245K, and assets of $1.8M (revenue +23.6% year-over-year).
- 2018: Revenue of $415K, expenses of $213K, and assets of $1.6M (revenue +15.8% year-over-year).
- 2017: Revenue of $358K, expenses of $155K, and assets of $1.4M (revenue +5.2% year-over-year).
- 2016: Revenue of $340K, expenses of $128K, and assets of $1.2M (revenue -8.5% year-over-year).
- 2015: Revenue of $372K, expenses of $136K, and assets of $964K (revenue +15.6% year-over-year).
- 2014: Revenue of $322K, expenses of $115K, and assets of $728K (revenue +64.5% year-over-year).
- 2013: Revenue of $195K, expenses of $130K, and assets of $522K (revenue -9.6% year-over-year).
- 2012: Revenue of $216K, expenses of $131K, and assets of $457K (revenue +18.6% year-over-year).
- 2011: Revenue of $182K, expenses of $88K, and assets of $371K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shirdi Sai Center Of Texas Inc:
Data Sources and Methodology
This transparency report for Shirdi Sai Center Of Texas 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.