Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org
EIN: 463460418 · Coeur D Alene, ID · NTEE: B94
| Metric | Value |
|---|---|
| Total Revenue | $187K |
| Total Expenses | $61K |
| Net Assets | $325K |
Is Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org
Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org (EIN: 463460418) is a nonprofit organization based in Coeur D Alene, ID, classified under NTEE code B94. The organization reported total revenue of $187K and total assets of $429K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $137K |
| Total Expenses | $61K |
| Surplus / Deficit | +$76K |
| Total Assets | $325K |
| Net Assets | $325K |
| Operating Margin | 55.3% |
| Months of Reserves | 63.7 months |
Financial Health Grade: A
In 2023, Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org reported a surplus of $76K with revenue exceeding expenses, holds 63.7 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.3% | +44.3% | +30.4% |
| 2022 | +85.3% | -27.2% | +55.4% |
| 2021 | -27.0% | -33.9% | +8.5% |
| 2020 | +2.4% | +30.0% | +6.3% |
| 2019 | -6.3% | +900.2% | +23.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org 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 Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org 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 $76K, with revenue exceeding expenses.
Frequently Asked Questions about Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org
Is Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org a legitimate charity?
Based on AI analysis of IRS 990 filings, Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org (EIN: 463460418) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org spend its money?
Detailed spending breakdown data is not yet available for Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org. Check back for updated IRS 990 analysis.
Are donations to Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org tax-deductible?
Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org is registered as a tax-exempt nonprofit (EIN: 463460418). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org located?
Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org is headquartered in Coeur D Alene, Idaho and files with the IRS under EIN 463460418. It is classified under NTEE code B94.
How many years of IRS 990 filings does Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org have?
Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org has 10 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 $187K in total revenue.
Filing History
IRS 990 filing history for Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org's revenue has grown by 47.2%, moving from $93K to $137K. Total assets increased by 1414% over the same period, from $21K to $325K. Total functional expenses fell by 14.4%, from $72K to $61K. In its most recent filing year (2023), Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org reported a surplus of $76K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $137K | $61K | $325K | $0 | — | View 990 |
| 2022 | $131K | $42K | $249K | $0 | — | View 990 |
| 2021 | $71K | $58K | $161K | $0 | — | — |
| 2020 | $97K | $88K | $148K | $0 | — | View 990 |
| 2019 | $95K | $68K | $139K | $0 | — | View 990 |
| 2018 | $101K | $7K | $112K | $0 | — | View 990 |
| 2017 | $65K | $69K | $18K | $0 | — | View 990 |
| 2016 | $72K | $72K | $22K | $0 | — | View 990 |
| 2015 | $74K | $74K | $22K | $0 | — | View 990 |
| 2014 | $93K | $72K | $21K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $137K, expenses of $61K, and assets of $325K (revenue +4.3% year-over-year).
- 2022: Revenue of $131K, expenses of $42K, and assets of $249K (revenue +85.3% year-over-year).
- 2021: Revenue of $71K, expenses of $58K, and assets of $161K (revenue -27.0% year-over-year).
- 2020: Revenue of $97K, expenses of $88K, and assets of $148K (revenue +2.4% year-over-year).
- 2019: Revenue of $95K, expenses of $68K, and assets of $139K (revenue -6.3% year-over-year).
- 2018: Revenue of $101K, expenses of $7K, and assets of $112K (revenue +55.9% year-over-year).
- 2017: Revenue of $65K, expenses of $69K, and assets of $18K (revenue -10.4% year-over-year).
- 2016: Revenue of $72K, expenses of $72K, and assets of $22K (revenue -2.6% year-over-year).
- 2015: Revenue of $74K, expenses of $74K, and assets of $22K (revenue -20.1% year-over-year).
- 2014: Revenue of $93K, expenses of $72K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org:
Data Sources and Methodology
This transparency report for Sorensen Magnet School Of The Arts And Humanities Parent Teacher Org 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.