Sisters Network Inc
EIN: 760480069 · Houston, TX · NTEE: A20Z
Is Sisters Network Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sisters Network Inc
Sisters Network Inc (EIN: 760480069) is a nonprofit organization based in Houston, TX, classified under NTEE code A20Z. The organization reported total revenue of $1.1M and total assets of $524K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sisters Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sisters Network Inc is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $977K |
| Surplus / Deficit | +$87K |
| Total Assets | $593K |
| Total Liabilities | $96K |
| Net Assets | $497K |
| Operating Margin | 8.2% |
| Debt-to-Asset Ratio | 16.3% |
| Months of Reserves | 7.3 months |
Financial Health Grade: A
In 2023, Sisters Network Inc reported a surplus of $87K with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 16.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sisters Network Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.0% | +5.7% | +39.0% |
| 2022 | +14.6% | +52.2% | -27.3% |
| 2021 | +18.0% | +28.3% | +8.7% |
| 2020 | +57.7% | +10.4% | +18.1% |
| 2019 | +24.0% | +4.0% | -8.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sisters Network 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 Sisters Network 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $87K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.3%.
Frequently Asked Questions about Sisters Network Inc
Is Sisters Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sisters Network Inc (EIN: 760480069) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sisters Network Inc spend its money?
Detailed spending breakdown data is not yet available for Sisters Network Inc. Check back for updated IRS 990 analysis.
Are donations to Sisters Network Inc tax-deductible?
Sisters Network Inc is registered as a tax-exempt nonprofit (EIN: 760480069). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Sisters Network Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sisters Network Inc's revenue has grown by 306%, moving from $262K to $1.1M. Total assets decreased by 71.9% over the same period, from $2.1M to $593K. Total functional expenses fell by 23.2%, from $1.3M to $977K. In its most recent filing year (2023), Sisters Network Inc reported a surplus of $87K, with revenue exceeding expenses. The organization holds $96K in liabilities against $593K in assets (debt-to-asset ratio: 16.3%), resulting in net assets of $497K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $977K | $593K | $96K | — | — |
| 2022 | $782K | $925K | $427K | $17K | — | — |
| 2021 | $682K | $607K | $587K | $9K | — | View 990 |
| 2020 | $578K | $473K | $540K | $13K | — | — |
| 2019 | $366K | $429K | $457K | $35K | — | View 990 |
| 2018 | $296K | $412K | $502K | $17K | — | View 990 |
| 2017 | $804K | $654K | $1.4M | $106K | — | View 990 |
| 2016 | $1.2M | $1.4M | $1.3M | $142K | — | View 990 |
| 2015 | $1.1M | $1.6M | $1.5M | $208K | — | View 990 |
| 2014 | $1.3M | $1.4M | $2.1M | $276K | — | View 990 |
| 2013 | $1.4M | $1.3M | $2.1M | $218K | — | View 990 |
| 2012 | $1.2M | $1.4M | $1.9M | $162K | — | View 990 |
| 2011 | $262K | $1.3M | $2.1M | $201K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $977K, and assets of $593K (revenue +36.0% year-over-year).
- 2022: Revenue of $782K, expenses of $925K, and assets of $427K (revenue +14.6% year-over-year).
- 2021: Revenue of $682K, expenses of $607K, and assets of $587K (revenue +18.0% year-over-year).
- 2020: Revenue of $578K, expenses of $473K, and assets of $540K (revenue +57.7% year-over-year).
- 2019: Revenue of $366K, expenses of $429K, and assets of $457K (revenue +24.0% year-over-year).
- 2018: Revenue of $296K, expenses of $412K, and assets of $502K (revenue -63.2% year-over-year).
- 2017: Revenue of $804K, expenses of $654K, and assets of $1.4M (revenue -33.0% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.4M, and assets of $1.3M (revenue +12.9% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.6M, and assets of $1.5M (revenue -18.3% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.4M, and assets of $2.1M (revenue -7.2% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $2.1M (revenue +16.2% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.4M, and assets of $1.9M (revenue +360.4% year-over-year).
- 2011: Revenue of $262K, expenses of $1.3M, and assets of $2.1M.
Data Sources and Methodology
This transparency report for Sisters Network 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.