Solid State Depot
EIN: 275093955 · Boulder, CO · NTEE: S80
| Metric | Value |
|---|---|
| Total Revenue | $169K |
| Total Expenses | $107K |
| Net Assets | $32K |
Is Solid State Depot Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Solid State Depot
Solid State Depot (EIN: 275093955) is a nonprofit organization based in Boulder, CO, classified under NTEE code S80. The organization reported total revenue of $169K and total assets of $68K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Solid State Depot's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Solid State Depot is a small nonprofit that has been operating for 11 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 13.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $112K |
| Total Expenses | $107K |
| Surplus / Deficit | +$5K |
| Total Assets | $32K |
| Total Liabilities | $692 |
| Net Assets | $32K |
| Operating Margin | 4.6% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2023, Solid State Depot reported a surplus of $5K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Solid State Depot's revenue has grown at a compound annual growth rate (CAGR) of 13.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.0% | +38.3% | +19.4% |
| 2022 | +8.2% | +0.7% | +100.4% |
| 2021 | +24.0% | +0.8% | +99.1% |
| 2020 | +1.1% | +10.8% | -56.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Solid State Depot 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 Solid State Depot 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 $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.1%.
Frequently Asked Questions about Solid State Depot
Is Solid State Depot a legitimate charity?
Solid State Depot (EIN: 275093955) is a registered tax-exempt nonprofit based in Colorado. It has 5 years of IRS 990 filings on record. Total revenue: $169K. No red flags identified. Financial health grade: A.
How does Solid State Depot spend its money?
Solid State Depot reported $169K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Solid State Depot tax-deductible?
Solid State Depot is registered as a tax-exempt nonprofit (EIN: 275093955). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Solid State Depot located?
Solid State Depot is headquartered in Boulder, Colorado and files with the IRS under EIN 275093955. It is classified under NTEE code S80.
How many years of IRS 990 filings does Solid State Depot have?
Solid State Depot has 5 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 $169K in total revenue.
Filing History
IRS 990 filing history for Solid State Depot showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Solid State Depot's revenue has grown by 68.2%, moving from $66K to $112K. Total assets increased by 108.5% over the same period, from $16K to $32K. Total functional expenses rose by 55.6%, from $69K to $107K. In its most recent filing year (2023), Solid State Depot reported a surplus of $5K, with revenue exceeding expenses. The organization holds $692 in liabilities against $32K in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $32K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $112K | $107K | $32K | $692 | — | — |
| 2022 | $90K | $77K | $27K | $563 | — | View 990 |
| 2021 | $83K | $77K | $14K | $0 | — | View 990 |
| 2020 | $67K | $76K | $7K | $0 | — | View 990 |
| 2019 | $66K | $69K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $112K, expenses of $107K, and assets of $32K (revenue +24.0% year-over-year).
- 2022: Revenue of $90K, expenses of $77K, and assets of $27K (revenue +8.2% year-over-year).
- 2021: Revenue of $83K, expenses of $77K, and assets of $14K (revenue +24.0% year-over-year).
- 2020: Revenue of $67K, expenses of $76K, and assets of $7K (revenue +1.1% year-over-year).
- 2019: Revenue of $66K, expenses of $69K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Solid State Depot:
Data Sources and Methodology
This transparency report for Solid State Depot 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.