Sleepy Eye Healhcare Foundation
EIN: 50542561 · Sleepy Eye, MN · NTEE: E112
| Metric | Value |
|---|---|
| Total Revenue | $178K |
| Total Expenses | $153K |
| Net Assets | $342K |
Is Sleepy Eye Healhcare Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sleepy Eye Healhcare Foundation
Sleepy Eye Healhcare Foundation (EIN: 50542561) is a nonprofit organization based in Sleepy Eye, MN, classified under NTEE code E112. The organization reported total revenue of $178K and total assets of $424K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sleepy Eye Healhcare Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sleepy Eye Healhcare Foundation is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29K |
| Total Expenses | $153K |
| Surplus / Deficit | $-124,013 |
| Total Assets | $342K |
| Net Assets | $342K |
| Operating Margin | -422.2% |
| Months of Reserves | 26.8 months |
Financial Health Grade: B
In 2023, Sleepy Eye Healhcare Foundation reported a deficit of $124K with expenses exceeding revenue, holds 26.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Sleepy Eye Healhcare Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -86.8% | +477.6% | -25.9% |
| 2022 | +1188.9% | +519.3% | +74.0% |
| 2021 | -58.8% | -8.7% | +5.2% |
| 2020 | -62.9% | -95.9% | +17.3% |
| 2019 | -48.3% | -26.8% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sleepy Eye Healhcare Foundation 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 Sleepy Eye Healhcare Foundation 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 deficit of $124K, with expenses exceeding revenue.
Frequently Asked Questions about Sleepy Eye Healhcare Foundation
Is Sleepy Eye Healhcare Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sleepy Eye Healhcare Foundation (EIN: 50542561) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sleepy Eye Healhcare Foundation spend its money?
Detailed spending breakdown data is not yet available for Sleepy Eye Healhcare Foundation. Check back for updated IRS 990 analysis.
Are donations to Sleepy Eye Healhcare Foundation tax-deductible?
Sleepy Eye Healhcare Foundation is registered as a tax-exempt nonprofit (EIN: 50542561). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sleepy Eye Healhcare Foundation located?
Sleepy Eye Healhcare Foundation is headquartered in Sleepy Eye, Minnesota and files with the IRS under EIN 50542561. It is classified under NTEE code E112.
How many years of IRS 990 filings does Sleepy Eye Healhcare Foundation have?
Sleepy Eye Healhcare Foundation has 13 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 $178K in total revenue.
Filing History
IRS 990 filing history for Sleepy Eye Healhcare Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sleepy Eye Healhcare Foundation's revenue has grown by 56.7%, moving from $19K to $29K. Total assets increased by 214.9% over the same period, from $109K to $342K. Total functional expenses rose by 1841.3%, from $8K to $153K. In its most recent filing year (2023), Sleepy Eye Healhcare Foundation reported a deficit of $124K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29K | $153K | $342K | $0 | — | — |
| 2022 | $223K | $27K | $462K | $0 | — | View 990 |
| 2021 | $17K | $4K | $265K | $0 | — | View 990 |
| 2020 | $42K | $5K | $252K | $0 | — | — |
| 2019 | $113K | $113K | $215K | $0 | — | View 990 |
| 2018 | $219K | $155K | $215K | $0 | — | View 990 |
| 2017 | $43K | $13K | $152K | $0 | — | View 990 |
| 2016 | $43K | $2K | $121K | $0 | — | View 990 |
| 2015 | $38K | $33K | $79K | $0 | — | View 990 |
| 2014 | $17K | $36K | $75K | $0 | — | View 990 |
| 2013 | $23K | $45K | $94K | $0 | — | View 990 |
| 2012 | $11K | $3K | $117K | $0 | — | View 990 |
| 2011 | $19K | $8K | $109K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29K, expenses of $153K, and assets of $342K (revenue -86.8% year-over-year).
- 2022: Revenue of $223K, expenses of $27K, and assets of $462K (revenue +1188.9% year-over-year).
- 2021: Revenue of $17K, expenses of $4K, and assets of $265K (revenue -58.8% year-over-year).
- 2020: Revenue of $42K, expenses of $5K, and assets of $252K (revenue -62.9% year-over-year).
- 2019: Revenue of $113K, expenses of $113K, and assets of $215K (revenue -48.3% year-over-year).
- 2018: Revenue of $219K, expenses of $155K, and assets of $215K (revenue +407.3% year-over-year).
- 2017: Revenue of $43K, expenses of $13K, and assets of $152K (revenue -0.8% year-over-year).
- 2016: Revenue of $43K, expenses of $2K, and assets of $121K (revenue +15.6% year-over-year).
- 2015: Revenue of $38K, expenses of $33K, and assets of $79K (revenue +123.4% year-over-year).
- 2014: Revenue of $17K, expenses of $36K, and assets of $75K (revenue -26.9% year-over-year).
- 2013: Revenue of $23K, expenses of $45K, and assets of $94K (revenue +115.5% year-over-year).
- 2012: Revenue of $11K, expenses of $3K, and assets of $117K (revenue -43.0% year-over-year).
- 2011: Revenue of $19K, expenses of $8K, and assets of $109K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sleepy Eye Healhcare Foundation:
Data Sources and Methodology
This transparency report for Sleepy Eye Healhcare Foundation 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.