Silver Bullet Saddle Club
EIN: 411457524 · Clearwater, MN
| Metric | Value |
|---|---|
| Total Revenue | $355K |
| Total Expenses | $214K |
| Net Assets | $349K |
Is Silver Bullet Saddle Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Silver Bullet Saddle Club
Silver Bullet Saddle Club (EIN: 411457524) is a nonprofit organization based in Clearwater, MN. The organization reported total revenue of $355K and total assets of $376K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Silver Bullet Saddle Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Silver Bullet Saddle Club is a small nonprofit that has been operating for 33 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 24.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $316K |
| Total Expenses | $214K |
| Surplus / Deficit | +$102K |
| Total Assets | $349K |
| Net Assets | $349K |
| Operating Margin | 32.2% |
| Months of Reserves | 19.5 months |
Financial Health Grade: A
In 2023, Silver Bullet Saddle Club reported a surplus of $102K with revenue exceeding expenses, holds 19.5 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Silver Bullet Saddle Club's revenue has grown at a compound annual growth rate (CAGR) of 24.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.4% | -1.7% | +0.5% |
| 2022 | +46.7% | +13.3% | +79.4% |
| 2021 | +536.5% | +166.2% | +7.6% |
| 2020 | -81.8% | -48.8% | -19.2% |
| 2019 | +9.6% | +5.4% | +20.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Silver Bullet Saddle Club 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 Silver Bullet Saddle Club 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 $102K, with revenue exceeding expenses.
Frequently Asked Questions about Silver Bullet Saddle Club
Is Silver Bullet Saddle Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Silver Bullet Saddle Club (EIN: 411457524) insufficient data. 0 red flags identified, 0 strengths noted.
How does Silver Bullet Saddle Club spend its money?
Detailed spending breakdown data is not yet available for Silver Bullet Saddle Club. Check back for updated IRS 990 analysis.
Are donations to Silver Bullet Saddle Club tax-deductible?
Silver Bullet Saddle Club is registered as a tax-exempt nonprofit (EIN: 411457524). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Silver Bullet Saddle Club located?
Silver Bullet Saddle Club is headquartered in Clearwater, Minnesota and files with the IRS under EIN 411457524.
How many years of IRS 990 filings does Silver Bullet Saddle Club have?
Silver Bullet Saddle Club has 14 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 $355K in total revenue.
Filing History
IRS 990 filing history for Silver Bullet Saddle Club showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Silver Bullet Saddle Club's revenue has grown by 1648.4%, moving from $18K to $316K. Total assets increased by 385.9% over the same period, from $72K to $349K. Total functional expenses rose by 1979.1%, from $10K to $214K. In its most recent filing year (2023), Silver Bullet Saddle Club reported a surplus of $102K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $316K | $214K | $349K | $0 | — | — |
| 2022 | $308K | $218K | $347K | $100K | — | View 990 |
| 2021 | $210K | $192K | $193K | $37K | — | View 990 |
| 2020 | $33K | $72K | $180K | $41K | — | — |
| 2019 | $182K | $141K | $223K | $44K | — | View 990 |
| 2018 | $166K | $134K | $185K | $47K | — | View 990 |
| 2017 | $130K | $122K | $156K | $50K | — | View 990 |
| 2016 | $115K | $121K | $151K | $53K | — | View 990 |
| 2015 | $39K | $30K | $160K | $56K | — | View 990 |
| 2014 | $27K | $30K | $107K | $12K | — | View 990 |
| 2013 | $40K | $23K | $114K | $16K | — | View 990 |
| 2012 | $51K | $15K | $100K | $19K | — | View 990 |
| 2011 | $12K | $16K | $66K | $22K | — | View 990 |
| 2010 | $18K | $10K | $72K | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $316K, expenses of $214K, and assets of $349K (revenue +2.4% year-over-year).
- 2022: Revenue of $308K, expenses of $218K, and assets of $347K (revenue +46.7% year-over-year).
- 2021: Revenue of $210K, expenses of $192K, and assets of $193K (revenue +536.5% year-over-year).
- 2020: Revenue of $33K, expenses of $72K, and assets of $180K (revenue -81.8% year-over-year).
- 2019: Revenue of $182K, expenses of $141K, and assets of $223K (revenue +9.6% year-over-year).
- 2018: Revenue of $166K, expenses of $134K, and assets of $185K (revenue +27.3% year-over-year).
- 2017: Revenue of $130K, expenses of $122K, and assets of $156K (revenue +13.3% year-over-year).
- 2016: Revenue of $115K, expenses of $121K, and assets of $151K (revenue +194.2% year-over-year).
- 2015: Revenue of $39K, expenses of $30K, and assets of $160K (revenue +44.2% year-over-year).
- 2014: Revenue of $27K, expenses of $30K, and assets of $107K (revenue -32.5% year-over-year).
- 2013: Revenue of $40K, expenses of $23K, and assets of $114K (revenue -21.4% year-over-year).
- 2012: Revenue of $51K, expenses of $15K, and assets of $100K (revenue +311.0% year-over-year).
- 2011: Revenue of $12K, expenses of $16K, and assets of $66K (revenue -31.2% year-over-year).
- 2010: Revenue of $18K, expenses of $10K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Silver Bullet Saddle Club:
Data Sources and Methodology
This transparency report for Silver Bullet Saddle Club 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.