Sikh Association Of Baltimore Inc
EIN: 521272711 · Randallstown, MD
| Metric | Value |
|---|---|
| Total Revenue | $507K |
| Total Expenses | $189K |
| Net Assets | $508K |
Is Sikh Association Of Baltimore Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sikh Association Of Baltimore Inc
Sikh Association Of Baltimore Inc (EIN: 521272711) is a nonprofit organization based in Randallstown, MD. The organization reported total revenue of $507K and total assets of $809K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sikh Association Of Baltimore Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sikh Association Of Baltimore Inc is a small nonprofit that has been operating for 43 years, with 8 years of IRS 990 filings on record (2014–2021). Revenue has grown at a compound annual rate of 14.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $507K |
| Total Expenses | $189K |
| Surplus / Deficit | +$318K |
| Total Assets | $809K |
| Total Liabilities | $301K |
| Net Assets | $508K |
| Operating Margin | 62.8% |
| Debt-to-Asset Ratio | 37.2% |
| Months of Reserves | 51.4 months |
Financial Health Grade: A
In 2021, Sikh Association Of Baltimore Inc reported a surplus of $318K with revenue exceeding expenses, holds 51.4 months of operating reserves (strong position), has a debt-to-asset ratio of 37.2% (moderate leverage).
Financial Trends
Over 8 years of filings (2014–2021), Sikh Association Of Baltimore Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +297.5% | +18.2% | +1.0% |
| 2020 | -35.1% | -28.6% | -6.3% |
| 2019 | -17.1% | -1.7% | -6.9% |
| 2018 | -7.4% | +8.2% | -2.7% |
| 2017 | +28.1% | +4.4% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sikh Association Of Baltimore 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 Sikh Association Of Baltimore 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $318K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.2%.
Frequently Asked Questions about Sikh Association Of Baltimore Inc
Is Sikh Association Of Baltimore Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sikh Association Of Baltimore Inc (EIN: 521272711) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sikh Association Of Baltimore Inc spend its money?
Detailed spending breakdown data is not yet available for Sikh Association Of Baltimore Inc. Check back for updated IRS 990 analysis.
Are donations to Sikh Association Of Baltimore Inc tax-deductible?
Sikh Association Of Baltimore Inc is registered as a tax-exempt nonprofit (EIN: 521272711). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sikh Association Of Baltimore Inc located?
Sikh Association Of Baltimore Inc is headquartered in Randallstown, Maryland and files with the IRS under EIN 521272711.
How many years of IRS 990 filings does Sikh Association Of Baltimore Inc have?
Sikh Association Of Baltimore Inc has 8 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 $507K in total revenue.
Filing History
IRS 990 filing history for Sikh Association Of Baltimore Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2014–2021), Sikh Association Of Baltimore Inc's revenue has grown by 158%, moving from $196K to $507K. Total assets decreased by 19.1% over the same period, from $999K to $809K. Total functional expenses rose by 3.6%, from $182K to $189K. In its most recent filing year (2021), Sikh Association Of Baltimore Inc reported a surplus of $318K, with revenue exceeding expenses. The organization holds $301K in liabilities against $809K in assets (debt-to-asset ratio: 37.2%), resulting in net assets of $508K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $507K | $189K | $809K | $301K | — | — |
| 2020 | $128K | $160K | $801K | $611K | — | — |
| 2019 | $196K | $224K | $854K | $633K | — | View 990 |
| 2018 | $237K | $228K | $918K | $669K | — | View 990 |
| 2017 | $256K | $210K | $943K | $704K | — | View 990 |
| 2016 | $200K | $201K | $931K | $737K | — | View 990 |
| 2015 | $217K | $218K | $965K | $769K | — | View 990 |
| 2014 | $196K | $182K | $999K | $803K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $507K, expenses of $189K, and assets of $809K (revenue +297.5% year-over-year).
- 2020: Revenue of $128K, expenses of $160K, and assets of $801K (revenue -35.1% year-over-year).
- 2019: Revenue of $196K, expenses of $224K, and assets of $854K (revenue -17.1% year-over-year).
- 2018: Revenue of $237K, expenses of $228K, and assets of $918K (revenue -7.4% year-over-year).
- 2017: Revenue of $256K, expenses of $210K, and assets of $943K (revenue +28.1% year-over-year).
- 2016: Revenue of $200K, expenses of $201K, and assets of $931K (revenue -7.9% year-over-year).
- 2015: Revenue of $217K, expenses of $218K, and assets of $965K (revenue +10.3% year-over-year).
- 2014: Revenue of $196K, expenses of $182K, and assets of $999K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sikh Association Of Baltimore Inc:
Data Sources and Methodology
This transparency report for Sikh Association Of Baltimore 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.