South Dakota Electrical Council
EIN: 416049880 · Sioux Falls, SD
| Metric | Value |
|---|---|
| Total Revenue | $63K |
| Total Expenses | $60K |
| Net Assets | $72K |
Is South Dakota Electrical Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About South Dakota Electrical Council
South Dakota Electrical Council (EIN: 416049880) is a nonprofit organization based in Sioux Falls, SD. The organization reported total revenue of $63K and total assets of $75K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Dakota Electrical Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Dakota Electrical Council is a micro nonprofit that has been operating for 60 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $60K |
| Surplus / Deficit | +$11K |
| Total Assets | $72K |
| Net Assets | $72K |
| Operating Margin | 15.8% |
| Months of Reserves | 14.3 months |
Financial Health Grade: A
In 2024, South Dakota Electrical Council reported a surplus of $11K with revenue exceeding expenses, holds 14.3 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2024), South Dakota Electrical Council's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +10.9% | -7.7% | +18.6% |
| 2023 | +3.1% | -6.4% | -1.2% |
| 2022 | +16.2% | +29.1% | -10.4% |
| 2021 | +47.3% | +35.5% | -0.2% |
| 2020 | -29.1% | -33.4% | -4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for South Dakota Electrical Council 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 South Dakota Electrical Council 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
Frequently Asked Questions about South Dakota Electrical Council
Is South Dakota Electrical Council a legitimate charity?
South Dakota Electrical Council (EIN: 416049880) is a registered tax-exempt nonprofit based in South Dakota. It has 12 years of IRS 990 filings on record. Total revenue: $63K. No red flags identified. Financial health grade: A.
How does South Dakota Electrical Council spend its money?
South Dakota Electrical Council reported $63K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to South Dakota Electrical Council tax-deductible?
South Dakota Electrical Council is registered as a tax-exempt nonprofit (EIN: 416049880). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is South Dakota Electrical Council located?
South Dakota Electrical Council is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 416049880.
How many years of IRS 990 filings does South Dakota Electrical Council have?
South Dakota Electrical Council has 12 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 $63K in total revenue.
Filing History
IRS 990 filing history for South Dakota Electrical Council showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), South Dakota Electrical Council's revenue has declined by 5.5%, moving from $76K to $72K. Total assets decreased by 26.8% over the same period, from $99K to $72K. Total functional expenses fell by 18.1%, from $74K to $60K. In its most recent filing year (2024), South Dakota Electrical Council reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $72K | $60K | $72K | $0 | — | — |
| 2023 | $65K | $65K | $61K | $0 | — | View 990 |
| 2022 | $63K | $70K | $62K | $0 | — | — |
| 2021 | $54K | $54K | $69K | $0 | — | View 990 |
| 2020 | $37K | $40K | $69K | $0 | — | View 990 |
| 2019 | $52K | $60K | $72K | $0 | — | View 990 |
| 2018 | $72K | $82K | $80K | $0 | — | — |
| 2017 | $81K | $80K | $90K | $0 | — | View 990 |
| 2015 | $81K | $87K | $86K | $0 | — | View 990 |
| 2014 | $76K | $80K | $92K | $0 | — | View 990 |
| 2013 | $88K | $76K | $96K | $0 | — | View 990 |
| 2012 | $76K | $74K | $99K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $72K, expenses of $60K, and assets of $72K (revenue +10.9% year-over-year).
- 2023: Revenue of $65K, expenses of $65K, and assets of $61K (revenue +3.1% year-over-year).
- 2022: Revenue of $63K, expenses of $70K, and assets of $62K (revenue +16.2% year-over-year).
- 2021: Revenue of $54K, expenses of $54K, and assets of $69K (revenue +47.3% year-over-year).
- 2020: Revenue of $37K, expenses of $40K, and assets of $69K (revenue -29.1% year-over-year).
- 2019: Revenue of $52K, expenses of $60K, and assets of $72K (revenue -28.2% year-over-year).
- 2018: Revenue of $72K, expenses of $82K, and assets of $80K (revenue -11.4% year-over-year).
- 2017: Revenue of $81K, expenses of $80K, and assets of $90K (revenue +0.9% year-over-year).
- 2015: Revenue of $81K, expenses of $87K, and assets of $86K (revenue +5.6% year-over-year).
- 2014: Revenue of $76K, expenses of $80K, and assets of $92K (revenue -13.5% year-over-year).
- 2013: Revenue of $88K, expenses of $76K, and assets of $96K (revenue +16.3% year-over-year).
- 2012: Revenue of $76K, expenses of $74K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Dakota Electrical Council:
Data Sources and Methodology
This transparency report for South Dakota Electrical Council 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.