Significant Matters Inc
Significant Matters Inc consistently generates substantial surpluses, growing assets to $684,548 with zero liabilities in 2023.
EIN: 202569680 · Olathe, KS · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $333K |
| Total Expenses | $70K |
| Program Spending | 90% |
| Net Assets | $685K |
| Transparency Score | 92/100 |
Is Significant Matters Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Significant Matters Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Significant Matters Inc
Significant Matters Inc (EIN: 202569680) is a nonprofit organization based in Olathe, KS, classified under NTEE code P20. The organization reported total revenue of $333K and total assets of $772K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Significant Matters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Significant Matters Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $366K |
| Total Expenses | $70K |
| Surplus / Deficit | +$296K |
| Total Assets | $685K |
| Net Assets | $685K |
| Operating Margin | 80.9% |
| Months of Reserves | 117.4 months |
Financial Health Grade: A
In 2023, Significant Matters Inc reported a surplus of $296K with revenue exceeding expenses, holds 117.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Significant Matters Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.6% | -28.2% | +76.3% |
| 2022 | -25.4% | -39.5% | +68.3% |
| 2021 | +466.4% | +159.0% | +363.4% |
| 2020 | -40.2% | -38.2% | -3.5% |
| 2019 | -45.6% | -36.2% | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2005 |
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 Significant Matters Inc with a Mission Score of 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, Significant Matters Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $296K, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, suggesting a volunteer-led organization or that compensation levels are below IRS reporting thresholds, which contributes to very low administrative overhead.
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.
Strengths
The following positive indicators were identified for Significant Matters Inc:
- Strong financial surpluses in recent years (e.g., $296,248 surplus in 2023).
- Significant asset growth from $49,791 in 2020 to $684,548 in 2023.
- Zero reported liabilities in the latest three fiscal periods (2021-2023).
- No reported officer compensation, indicating low administrative overhead.
- Very low expense-to-revenue ratio in recent years (e.g., 19% in 2023).
Frequently Asked Questions about Significant Matters Inc
Is Significant Matters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Significant Matters Inc (EIN: 202569680) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Significant Matters Inc spend its money?
Significant Matters Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Significant Matters Inc tax-deductible?
Significant Matters Inc is registered as a tax-exempt nonprofit (EIN: 202569680). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Significant Matters Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Significant Matters Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Significant Matters Inc located?
Significant Matters Inc is headquartered in Olathe, Kansas and files with the IRS under EIN 202569680. It is classified under NTEE code P20.
How many years of IRS 990 filings does Significant Matters Inc have?
Significant Matters 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 $333K in total revenue.
Is Significant Matters Inc financially stable?
Yes, Significant Matters Inc appears very financially stable. They have consistently generated significant surpluses in recent years, leading to substantial asset growth from $49,791 in 2020 to $684,548 in 2023, and have reported zero liabilities in their latest filings.
How efficiently does Significant Matters Inc use its donations?
The organization appears highly efficient. In 2023, expenses were only $69,950 against $366,198 in revenue, indicating a very low overhead relative to income. The absence of reported officer compensation further suggests efficient use of funds.
What is the trend in Significant Matters Inc's assets?
Significant Matters Inc has shown remarkable asset growth, increasing from $49,791 in 2020 to $684,548 in 2023, demonstrating strong financial accumulation and stability.
Filing History
IRS 990 filing history for Significant Matters Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Significant Matters Inc's revenue has grown by 138%, moving from $154K to $366K. Total assets increased by 214% over the same period, from $218K to $685K. Total functional expenses fell by 54.2%, from $153K to $70K. In its most recent filing year (2023), Significant Matters Inc reported a surplus of $296K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $366K | $70K | $685K | $0 | — | — |
| 2022 | $255K | $97K | $388K | $0 | — | View 990 |
| 2021 | $342K | $161K | $231K | $0 | — | View 990 |
| 2020 | $60K | $62K | $50K | $4K | — | View 990 |
| 2019 | $101K | $101K | $52K | $4K | — | View 990 |
| 2018 | $186K | $158K | $51K | $3K | — | View 990 |
| 2017 | $137K | $164K | $23K | $4K | — | View 990 |
| 2016 | $208K | $281K | $127K | $81K | — | View 990 |
| 2015 | $274K | $198K | $289K | $170K | — | View 990 |
| 2014 | $241K | $248K | $218K | $175K | — | View 990 |
| 2013 | $265K | $286K | $225K | $175K | — | View 990 |
| 2012 | $280K | $235K | $211K | $171K | — | View 990 |
| 2011 | $154K | $153K | $218K | $191K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $366K, expenses of $70K, and assets of $685K (revenue +43.6% year-over-year).
- 2022: Revenue of $255K, expenses of $97K, and assets of $388K (revenue -25.4% year-over-year).
- 2021: Revenue of $342K, expenses of $161K, and assets of $231K (revenue +466.4% year-over-year).
- 2020: Revenue of $60K, expenses of $62K, and assets of $50K (revenue -40.2% year-over-year).
- 2019: Revenue of $101K, expenses of $101K, and assets of $52K (revenue -45.6% year-over-year).
- 2018: Revenue of $186K, expenses of $158K, and assets of $51K (revenue +36.0% year-over-year).
- 2017: Revenue of $137K, expenses of $164K, and assets of $23K (revenue -34.4% year-over-year).
- 2016: Revenue of $208K, expenses of $281K, and assets of $127K (revenue -24.0% year-over-year).
- 2015: Revenue of $274K, expenses of $198K, and assets of $289K (revenue +13.8% year-over-year).
- 2014: Revenue of $241K, expenses of $248K, and assets of $218K (revenue -8.9% year-over-year).
- 2013: Revenue of $265K, expenses of $286K, and assets of $225K (revenue -5.4% year-over-year).
- 2012: Revenue of $280K, expenses of $235K, and assets of $211K (revenue +81.7% year-over-year).
- 2011: Revenue of $154K, expenses of $153K, and assets of $218K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Significant Matters Inc:
Data Sources and Methodology
This transparency report for Significant Matters 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.