Singomaha Inc
Singomaha Inc shows consistent revenue growth and zero officer compensation, with occasional deficit spending.
EIN: 208776656 · Omaha, NE · NTEE: A6B0 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $318K |
| Total Expenses | $366K |
| Program Spending | 85% |
| Net Assets | $141K |
| Transparency Score | 90/100 |
Is Singomaha Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Singomaha Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Singomaha Inc
Singomaha Inc (EIN: 208776656) is a nonprofit organization based in Omaha, NE, classified under NTEE code A6B0. The organization reported total revenue of $318K and total assets of $83K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Singomaha Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Singomaha Inc is a small nonprofit that has been operating for 18 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 18.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $379K |
| Total Expenses | $366K |
| Surplus / Deficit | +$13K |
| Total Assets | $141K |
| Net Assets | $141K |
| Operating Margin | 3.5% |
| Months of Reserves | 4.6 months |
Financial Health Grade: A
In 2023, Singomaha Inc reported a surplus of $13K with revenue exceeding expenses, holds 4.6 months of operating reserves (adequate).
Financial Trends
Over 9 years of filings (2015–2023), Singomaha Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.9% | +17.0% | +10.5% |
| 2022 | -35.2% | +16.6% | -39.3% |
| 2021 | +28.0% | -12.9% | +265.0% |
| 2020 | -4.0% | -11.7% | +37.0% |
| 2019 | -0.4% | +12.6% | -34.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Singomaha Inc with a Mission Score of 90 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, Singomaha 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all nine IRS 990 filings, indicating that no funds are allocated to executive salaries, which is highly favorable for a nonprofit of its 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 Singomaha Inc's IRS 990 filings:
- Occasional deficit spending, such as in 2022 where expenses ($312,775) exceeded revenue ($259,957) by $52,818.
Strengths
The following positive indicators were identified for Singomaha Inc:
- Consistent 0% officer compensation across all filings, indicating strong commitment to mission spending.
- Significant revenue growth from $96,152 in 2015 to $379,388 in 2023.
- Healthy asset growth, reaching $140,657 in 2023 from $24,903 in 2015.
- Maintained zero liabilities in most recent years, indicating strong financial management.
- Consistent filing of IRS 990 forms over nine periods, demonstrating transparency.
Frequently Asked Questions about Singomaha Inc
Is Singomaha Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Singomaha Inc (EIN: 208776656) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Singomaha Inc spend its money?
Singomaha Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Singomaha Inc tax-deductible?
Singomaha Inc is registered as a tax-exempt nonprofit (EIN: 208776656). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Singomaha Inc's spending goes to programs?
Singomaha Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Singomaha Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Singomaha Inc is above average for NTEE category A6B0 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Singomaha Inc located?
Singomaha Inc is headquartered in Omaha, Nebraska and files with the IRS under EIN 208776656. It is classified under NTEE code A6B0.
How many years of IRS 990 filings does Singomaha Inc have?
Singomaha Inc has 9 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 $318K in total revenue.
Is Singomaha Inc financially stable?
Yes, Singomaha Inc appears financially stable. While there have been years of deficit spending (e.g., 2022 with $52,818 more expenses than revenue), the organization has consistently grown its assets, reaching $140,657 in 2023, and has maintained zero liabilities in most recent years, indicating a healthy balance sheet.
How efficient is Singomaha Inc's spending?
Singomaha Inc demonstrates high spending efficiency, primarily due to reporting 0% officer compensation across all filings. This suggests that a very high proportion of its expenses are directed towards program services and operational costs, rather than executive salaries.
Has Singomaha Inc's revenue grown over time?
Yes, Singomaha Inc has shown significant revenue growth, increasing from $96,152 in 2015 to $379,388 in 2023, representing a substantial increase over the nine-year period.
Does Singomaha Inc have any significant liabilities?
No, Singomaha Inc has reported zero liabilities in most of its recent filings, including 2023, 2022, 2019, 2018, 2017, 2016, and 2015. There was a notable liability of $29,500 in 2021, but this was an exception.
Filing History
IRS 990 filing history for Singomaha Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Singomaha Inc's revenue has grown by 294.6%, moving from $96K to $379K. Total assets increased by 464.8% over the same period, from $25K to $141K. Total functional expenses rose by 245%, from $106K to $366K. In its most recent filing year (2023), Singomaha Inc reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $379K | $366K | $141K | $0 | — | View 990 |
| 2022 | $260K | $313K | $127K | $0 | — | View 990 |
| 2021 | $401K | $268K | $210K | $30K | — | View 990 |
| 2020 | $313K | $308K | $57K | $10K | — | View 990 |
| 2019 | $326K | $349K | $42K | $0 | — | View 990 |
| 2018 | $327K | $309K | $64K | $0 | — | View 990 |
| 2017 | $261K | $236K | $46K | $0 | — | View 990 |
| 2016 | $110K | $114K | $21K | $0 | — | View 990 |
| 2015 | $96K | $106K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $379K, expenses of $366K, and assets of $141K (revenue +45.9% year-over-year).
- 2022: Revenue of $260K, expenses of $313K, and assets of $127K (revenue -35.2% year-over-year).
- 2021: Revenue of $401K, expenses of $268K, and assets of $210K (revenue +28.0% year-over-year).
- 2020: Revenue of $313K, expenses of $308K, and assets of $57K (revenue -4.0% year-over-year).
- 2019: Revenue of $326K, expenses of $349K, and assets of $42K (revenue -0.4% year-over-year).
- 2018: Revenue of $327K, expenses of $309K, and assets of $64K (revenue +25.4% year-over-year).
- 2017: Revenue of $261K, expenses of $236K, and assets of $46K (revenue +137.2% year-over-year).
- 2016: Revenue of $110K, expenses of $114K, and assets of $21K (revenue +14.5% year-over-year).
- 2015: Revenue of $96K, expenses of $106K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Singomaha Inc:
Data Sources and Methodology
This transparency report for Singomaha 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.