Sioux Falls Education Association
EIN: 460307075 · Sioux Falls, SD · NTEE: J40
| Metric | Value |
|---|---|
| Total Revenue | $114K |
| Total Expenses | $106K |
| Net Assets | $106K |
Is Sioux Falls Education Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sioux Falls Education Association
Sioux Falls Education Association (EIN: 460307075) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code J40. The organization reported total revenue of $114K and total assets of $138K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sioux Falls Education Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sioux Falls Education Association is a small nonprofit that has been operating for 6 years, with 8 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $112K |
| Total Expenses | $106K |
| Surplus / Deficit | +$7K |
| Total Assets | $106K |
| Total Liabilities | $629 |
| Net Assets | $106K |
| Operating Margin | 6.0% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 12.1 months |
Financial Health Grade: A
In 2023, Sioux Falls Education Association reported a surplus of $7K with revenue exceeding expenses, holds 12.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2023), Sioux Falls Education Association's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.5% | +7.0% | +6.4% |
| 2022 | -6.8% | +7.3% | +14.4% |
| 2021 | +2.7% | -12.0% | -34.0% |
| 2020 | -7.6% | -6.5% | +164.6% |
| 2019 | +15.9% | -9.7% | +107.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sioux Falls Education Association 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 Sioux Falls Education Association 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 $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Sioux Falls Education Association
Is Sioux Falls Education Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Sioux Falls Education Association (EIN: 460307075) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sioux Falls Education Association spend its money?
Detailed spending breakdown data is not yet available for Sioux Falls Education Association. Check back for updated IRS 990 analysis.
Are donations to Sioux Falls Education Association tax-deductible?
Sioux Falls Education Association is registered as a tax-exempt nonprofit (EIN: 460307075). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sioux Falls Education Association located?
Sioux Falls Education Association is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 460307075. It is classified under NTEE code J40.
How many years of IRS 990 filings does Sioux Falls Education Association have?
Sioux Falls Education Association 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 $114K in total revenue.
Filing History
IRS 990 filing history for Sioux Falls Education Association showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2023), Sioux Falls Education Association's revenue has declined by 10.6%, moving from $126K to $112K. Total assets increased by 282.1% over the same period, from $28K to $106K. Total functional expenses fell by 14.4%, from $123K to $106K. In its most recent filing year (2023), Sioux Falls Education Association reported a surplus of $7K, with revenue exceeding expenses. The organization holds $629 in liabilities against $106K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $106K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $112K | $106K | $106K | $629 | — | View 990 |
| 2022 | $111K | $99K | $100K | $903 | — | View 990 |
| 2021 | $119K | $92K | $87K | $212 | — | View 990 |
| 2020 | $116K | $105K | $132K | $72K | — | View 990 |
| 2019 | $125K | $112K | $50K | $632 | — | View 990 |
| 2013 | $108K | $124K | $24K | $0 | — | View 990 |
| 2012 | $107K | $100K | $35K | $0 | — | View 990 |
| 2011 | $126K | $123K | $28K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $112K, expenses of $106K, and assets of $106K (revenue +1.5% year-over-year).
- 2022: Revenue of $111K, expenses of $99K, and assets of $100K (revenue -6.8% year-over-year).
- 2021: Revenue of $119K, expenses of $92K, and assets of $87K (revenue +2.7% year-over-year).
- 2020: Revenue of $116K, expenses of $105K, and assets of $132K (revenue -7.6% year-over-year).
- 2019: Revenue of $125K, expenses of $112K, and assets of $50K (revenue +15.9% year-over-year).
- 2013: Revenue of $108K, expenses of $124K, and assets of $24K (revenue +0.7% year-over-year).
- 2012: Revenue of $107K, expenses of $100K, and assets of $35K (revenue -14.7% year-over-year).
- 2011: Revenue of $126K, expenses of $123K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sioux Falls Education Association:
Data Sources and Methodology
This transparency report for Sioux Falls Education Association 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.