Side By Side Inc
Side By Side Inc shows consistent revenue and asset growth, with recent expenses exceeding revenue.
EIN: 205405562 · Lake Geneva, WI · NTEE: P60 · Updated: 2026-03-28
About Side By Side Inc
Side By Side Inc (EIN: 205405562) is a nonprofit organization based in Lake Geneva, WI, classified under NTEE code P60. The organization reported total revenue of $106K and total assets of $113K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Side By Side Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Side By Side 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, Side By Side 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization or one with no paid officers, which is highly efficient for a nonprofit of this size.
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 Side By Side Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent 2023 filing ($75,500 expenses vs. $57,400 revenue).
Strengths
The following positive indicators were identified for Side By Side Inc:
- Consistent asset growth from $25,701 in 2014 to $82,216 in 2023.
- Zero officer compensation reported across all filings, indicating high efficiency and volunteer reliance.
- Minimal liabilities reported in most years, suggesting sound financial management.
- Consistent IRS 990 filing history (13 filings), demonstrating transparency.
Frequently Asked Questions about Side By Side Inc
Is Side By Side Inc financially stable?
Side By Side Inc has shown consistent revenue and asset growth over the past decade. While the 2023 filing shows expenses ($75,500) exceeding revenue ($57,400), this is an isolated deficit in a trend of generally balanced or surplus years. Their assets have grown from $25,701 in 2014 to $82,216 in 2023, suggesting overall stability.
How does Side By Side Inc manage its administrative costs?
The organization appears to manage administrative costs very efficiently, as evidenced by 0% officer compensation reported in all available filings. This suggests a very lean operational structure, likely relying heavily on volunteers.
What is the trend in Side By Side Inc's revenue?
Side By Side Inc's revenue has generally fluctuated between $50,000 and $80,000 annually over the past decade, with the latest reported revenue at $57,400 for 2023. There isn't a strong upward or downward trend, but rather consistent activity within this range.
Filing History
IRS 990 filing history for Side By Side Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Side By Side Inc's revenue has declined by 13.1%, moving from $66K to $57K. Total assets increased by 180% over the same period, from $29K to $82K. Total functional expenses rose by 48.6%, from $51K to $76K. In its most recent filing year (2023), Side By Side Inc reported a deficit of $18K, with expenses exceeding revenue. The organization holds $225 in liabilities against $82K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $82K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $76K | $82K | $225 | — | View 990 |
| 2022 | $80K | $67K | $100K | $0 | — | View 990 |
| 2021 | $60K | $46K | $87K | $25 | — | View 990 |
| 2020 | $65K | $45K | $72K | $483 | — | View 990 |
| 2019 | $68K | $58K | $52K | $0 | — | View 990 |
| 2018 | $71K | $68K | $43K | $0 | — | View 990 |
| 2017 | $73K | $70K | $41K | $0 | — | View 990 |
| 2016 | $70K | $64K | $38K | $0 | — | View 990 |
| 2015 | $61K | $55K | $31K | $0 | — | View 990 |
| 2014 | $50K | $62K | $26K | $0 | — | View 990 |
| 2013 | $57K | $43K | $38K | $0 | — | View 990 |
| 2012 | $51K | $55K | $25K | $0 | — | View 990 |
| 2011 | $66K | $51K | $29K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $76K, and assets of $82K (revenue -28.1% year-over-year).
- 2022: Revenue of $80K, expenses of $67K, and assets of $100K (revenue +32.4% year-over-year).
- 2021: Revenue of $60K, expenses of $46K, and assets of $87K (revenue -6.6% year-over-year).
- 2020: Revenue of $65K, expenses of $45K, and assets of $72K (revenue -4.3% year-over-year).
- 2019: Revenue of $68K, expenses of $58K, and assets of $52K (revenue -4.5% year-over-year).
- 2018: Revenue of $71K, expenses of $68K, and assets of $43K (revenue -3.0% year-over-year).
- 2017: Revenue of $73K, expenses of $70K, and assets of $41K (revenue +3.7% year-over-year).
- 2016: Revenue of $70K, expenses of $64K, and assets of $38K (revenue +15.8% year-over-year).
- 2015: Revenue of $61K, expenses of $55K, and assets of $31K (revenue +21.9% year-over-year).
- 2014: Revenue of $50K, expenses of $62K, and assets of $26K (revenue -12.3% year-over-year).
- 2013: Revenue of $57K, expenses of $43K, and assets of $38K (revenue +11.3% year-over-year).
- 2012: Revenue of $51K, expenses of $55K, and assets of $25K (revenue -22.8% year-over-year).
- 2011: Revenue of $66K, expenses of $51K, and assets of $29K.
Data Sources and Methodology
This transparency report for Side By Side 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.