Sokol South Omaha
EIN: 470396406 · Omaha, NE · NTEE: N6XZ
| Metric | Value |
|---|---|
| Total Revenue | $465K |
| Total Expenses | $636K |
| Net Assets | $2.2M |
Is Sokol South Omaha Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sokol South Omaha
Sokol South Omaha (EIN: 470396406) is a nonprofit organization based in Omaha, NE, classified under NTEE code N6XZ. The organization reported total revenue of $465K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sokol South Omaha's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sokol South Omaha is a small nonprofit that has been operating for 81 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $516K |
| Total Expenses | $636K |
| Surplus / Deficit | $-119,458 |
| Total Assets | $2.2M |
| Net Assets | $2.2M |
| Operating Margin | -23.1% |
| Months of Reserves | 41.4 months |
Financial Health Grade: B
In 2023, Sokol South Omaha reported a deficit of $119K with expenses exceeding revenue, holds 41.4 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Sokol South Omaha's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.3% | +24.7% | -0.4% |
| 2022 | +53.2% | +65.4% | -17.1% |
| 2021 | +145.1% | +231.1% | +6.2% |
| 2020 | -9.0% | -0.9% | +9.3% |
| 2019 | -9.3% | +38.9% | +16.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1945 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sokol South Omaha 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 Sokol South Omaha 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 $119K, with expenses exceeding revenue.
Frequently Asked Questions about Sokol South Omaha
Is Sokol South Omaha a legitimate charity?
Sokol South Omaha (EIN: 470396406) is a registered tax-exempt nonprofit based in Nebraska. It has 14 years of IRS 990 filings on record. Total revenue: $465K. No red flags identified. Financial health grade: B.
How does Sokol South Omaha spend its money?
Sokol South Omaha reported $465K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sokol South Omaha tax-deductible?
Sokol South Omaha is registered as a tax-exempt nonprofit (EIN: 470396406). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sokol South Omaha located?
Sokol South Omaha is headquartered in Omaha, Nebraska and files with the IRS under EIN 470396406. It is classified under NTEE code N6XZ.
How many years of IRS 990 filings does Sokol South Omaha have?
Sokol South Omaha 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 $465K in total revenue.
Filing History
IRS 990 filing history for Sokol South Omaha showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Sokol South Omaha's revenue has grown by 256.3%, moving from $145K to $516K. Total assets increased by 34.6% over the same period, from $1.6M to $2.2M. Total functional expenses rose by 205.3%, from $208K to $636K. In its most recent filing year (2023), Sokol South Omaha reported a deficit of $119K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $516K | $636K | $2.2M | $0 | — | — |
| 2022 | $490K | $510K | $2.2M | $0 | — | View 990 |
| 2021 | $320K | $308K | $2.7M | $0 | — | View 990 |
| 2020 | $131K | $93K | $2.5M | $0 | — | View 990 |
| 2019 | $144K | $94K | $2.3M | $0 | — | View 990 |
| 2018 | $158K | $68K | $2.0M | $0 | — | View 990 |
| 2017 | $115K | $66K | $2.1M | $0 | — | View 990 |
| 2016 | $495K | $66K | $1.9M | $0 | — | View 990 |
| 2015 | $60K | $85K | $1.4M | $0 | — | View 990 |
| 2014 | $358K | $131K | $1.5M | $0 | — | View 990 |
| 2013 | $192K | $182K | $1.3M | $0 | — | View 990 |
| 2012 | $139K | $228K | $1.3M | $0 | — | View 990 |
| 2011 | $97K | $125K | $1.6M | $0 | — | View 990 |
| 2010 | $145K | $208K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $516K, expenses of $636K, and assets of $2.2M (revenue +5.3% year-over-year).
- 2022: Revenue of $490K, expenses of $510K, and assets of $2.2M (revenue +53.2% year-over-year).
- 2021: Revenue of $320K, expenses of $308K, and assets of $2.7M (revenue +145.1% year-over-year).
- 2020: Revenue of $131K, expenses of $93K, and assets of $2.5M (revenue -9.0% year-over-year).
- 2019: Revenue of $144K, expenses of $94K, and assets of $2.3M (revenue -9.3% year-over-year).
- 2018: Revenue of $158K, expenses of $68K, and assets of $2.0M (revenue +38.0% year-over-year).
- 2017: Revenue of $115K, expenses of $66K, and assets of $2.1M (revenue -76.8% year-over-year).
- 2016: Revenue of $495K, expenses of $66K, and assets of $1.9M (revenue +717.5% year-over-year).
- 2015: Revenue of $60K, expenses of $85K, and assets of $1.4M (revenue -83.1% year-over-year).
- 2014: Revenue of $358K, expenses of $131K, and assets of $1.5M (revenue +86.2% year-over-year).
- 2013: Revenue of $192K, expenses of $182K, and assets of $1.3M (revenue +37.9% year-over-year).
- 2012: Revenue of $139K, expenses of $228K, and assets of $1.3M (revenue +43.9% year-over-year).
- 2011: Revenue of $97K, expenses of $125K, and assets of $1.6M (revenue -33.2% year-over-year).
- 2010: Revenue of $145K, expenses of $208K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sokol South Omaha:
Data Sources and Methodology
This transparency report for Sokol South Omaha 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.