Sigourney Area Development
EIN: 421084764 · Sigourney, IA
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Total Expenses | $53K |
| Net Assets | $777K |
Is Sigourney Area Development Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sigourney Area Development
Sigourney Area Development (EIN: 421084764) is a nonprofit organization based in Sigourney, IA. The organization reported total revenue of $60K and total assets of $748K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sigourney Area Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sigourney Area Development is a micro nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $53K |
| Surplus / Deficit | +$23K |
| Total Assets | $777K |
| Net Assets | $777K |
| Operating Margin | 30.3% |
| Months of Reserves | 175.9 months |
Financial Health Grade: A
In 2023, Sigourney Area Development reported a surplus of $23K with revenue exceeding expenses, holds 175.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Sigourney Area Development's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +63.5% | +64.9% | +2.4% |
| 2022 | +5.0% | +4.9% | +1.7% |
| 2021 | -54.1% | -15.4% | +2.0% |
| 2020 | +159.0% | -4.9% | +8.7% |
| 2019 | -11.5% | +6.5% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sigourney Area Development 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 Sigourney Area Development 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 $23K, with revenue exceeding expenses.
Frequently Asked Questions about Sigourney Area Development
Is Sigourney Area Development a legitimate charity?
Based on AI analysis of IRS 990 filings, Sigourney Area Development (EIN: 421084764) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sigourney Area Development spend its money?
Detailed spending breakdown data is not yet available for Sigourney Area Development. Check back for updated IRS 990 analysis.
Are donations to Sigourney Area Development tax-deductible?
Sigourney Area Development is registered as a tax-exempt nonprofit (EIN: 421084764). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sigourney Area Development located?
Sigourney Area Development is headquartered in Sigourney, Iowa and files with the IRS under EIN 421084764.
How many years of IRS 990 filings does Sigourney Area Development have?
Sigourney Area Development 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 $60K in total revenue.
Filing History
IRS 990 filing history for Sigourney Area Development showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sigourney Area Development's revenue has grown by 87.8%, moving from $40K to $76K. Total assets increased by 14.8% over the same period, from $677K to $777K. Total functional expenses rose by 95.8%, from $27K to $53K. In its most recent filing year (2023), Sigourney Area Development reported a surplus of $23K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $76K | $53K | $777K | $0 | — | — |
| 2022 | $46K | $32K | $759K | $5K | — | View 990 |
| 2021 | $44K | $31K | $746K | $7K | — | — |
| 2020 | $96K | $36K | $732K | $6K | — | — |
| 2019 | $37K | $38K | $673K | $7K | — | View 990 |
| 2018 | $42K | $36K | $674K | $7K | — | View 990 |
| 2017 | $37K | $31K | $668K | $7K | — | View 990 |
| 2016 | $34K | $40K | $661K | $6K | — | View 990 |
| 2015 | $39K | $42K | $668K | $7K | — | View 990 |
| 2014 | $55K | $48K | $671K | $7K | — | View 990 |
| 2013 | $54K | $73K | $666K | $9K | — | View 990 |
| 2012 | $47K | $40K | $684K | $7K | — | View 990 |
| 2011 | $40K | $27K | $677K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $76K, expenses of $53K, and assets of $777K (revenue +63.5% year-over-year).
- 2022: Revenue of $46K, expenses of $32K, and assets of $759K (revenue +5.0% year-over-year).
- 2021: Revenue of $44K, expenses of $31K, and assets of $746K (revenue -54.1% year-over-year).
- 2020: Revenue of $96K, expenses of $36K, and assets of $732K (revenue +159.0% year-over-year).
- 2019: Revenue of $37K, expenses of $38K, and assets of $673K (revenue -11.5% year-over-year).
- 2018: Revenue of $42K, expenses of $36K, and assets of $674K (revenue +13.2% year-over-year).
- 2017: Revenue of $37K, expenses of $31K, and assets of $668K (revenue +9.8% year-over-year).
- 2016: Revenue of $34K, expenses of $40K, and assets of $661K (revenue -13.9% year-over-year).
- 2015: Revenue of $39K, expenses of $42K, and assets of $668K (revenue -28.5% year-over-year).
- 2014: Revenue of $55K, expenses of $48K, and assets of $671K (revenue +2.1% year-over-year).
- 2013: Revenue of $54K, expenses of $73K, and assets of $666K (revenue +15.5% year-over-year).
- 2012: Revenue of $47K, expenses of $40K, and assets of $684K (revenue +15.1% year-over-year).
- 2011: Revenue of $40K, expenses of $27K, and assets of $677K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sigourney Area Development:
Data Sources and Methodology
This transparency report for Sigourney Area Development 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.