South Hardin Recreation Area Inc
EIN: 420933663 · Union, IA
| Metric | Value |
|---|---|
| Total Revenue | $141K |
| Total Expenses | $110K |
| Net Assets | $330K |
Is South Hardin Recreation Area Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About South Hardin Recreation Area Inc
South Hardin Recreation Area Inc (EIN: 420933663) is a nonprofit organization based in Union, IA. The organization reported total revenue of $141K and total assets of $332K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Hardin Recreation Area Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Hardin Recreation Area Inc is a small nonprofit that has been operating for 40 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $110K |
| Surplus / Deficit | $-16,393 |
| Total Assets | $353K |
| Total Liabilities | $23K |
| Net Assets | $330K |
| Operating Margin | -17.5% |
| Debt-to-Asset Ratio | 6.6% |
| Months of Reserves | 38.5 months |
Financial Health Grade: B
In 2022, South Hardin Recreation Area Inc reported a deficit of $16K with expenses exceeding revenue, holds 38.5 months of operating reserves (strong position), has a debt-to-asset ratio of 6.6% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), South Hardin Recreation Area Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -3.9% | +3.4% | -3.7% |
| 2021 | -22.3% | -9.9% | -2.2% |
| 2020 | -0.4% | +18.7% | +17.3% |
| 2019 | +22.7% | +2.0% | +3.2% |
| 2018 | -4.1% | +0.9% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for South Hardin Recreation Area Inc 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 Hardin Recreation Area Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.6%.
Frequently Asked Questions about South Hardin Recreation Area Inc
Is South Hardin Recreation Area Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, South Hardin Recreation Area Inc (EIN: 420933663) insufficient data. 0 red flags identified, 0 strengths noted.
How does South Hardin Recreation Area Inc spend its money?
Detailed spending breakdown data is not yet available for South Hardin Recreation Area Inc. Check back for updated IRS 990 analysis.
Are donations to South Hardin Recreation Area Inc tax-deductible?
South Hardin Recreation Area Inc is registered as a tax-exempt nonprofit (EIN: 420933663). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is South Hardin Recreation Area Inc located?
South Hardin Recreation Area Inc is headquartered in Union, Iowa and files with the IRS under EIN 420933663.
How many years of IRS 990 filings does South Hardin Recreation Area Inc have?
South Hardin Recreation Area Inc 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 $141K in total revenue.
Filing History
IRS 990 filing history for South Hardin Recreation Area Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), South Hardin Recreation Area Inc's revenue has grown by 0.1%, moving from $94K to $94K. Total assets increased by 46.3% over the same period, from $241K to $353K. Total functional expenses rose by 55%, from $71K to $110K. In its most recent filing year (2022), South Hardin Recreation Area Inc reported a deficit of $16K, with expenses exceeding revenue. The organization holds $23K in liabilities against $353K in assets (debt-to-asset ratio: 6.6%), resulting in net assets of $330K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $94K | $110K | $353K | $23K | — | View 990 |
| 2021 | $98K | $107K | $367K | $23K | — | View 990 |
| 2020 | $125K | $118K | $375K | $23K | — | View 990 |
| 2019 | $126K | $100K | $320K | $23K | — | View 990 |
| 2018 | $103K | $98K | $310K | $23K | — | View 990 |
| 2017 | $107K | $97K | $311K | $29K | — | View 990 |
| 2016 | $94K | $103K | $274K | $6K | — | View 990 |
| 2015 | $95K | $86K | $286K | $8K | — | View 990 |
| 2014 | $97K | $97K | $280K | $9K | — | View 990 |
| 2013 | $92K | $85K | $282K | $9K | — | View 990 |
| 2012 | $99K | $66K | $271K | $11K | — | View 990 |
| 2011 | $94K | $71K | $241K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $94K, expenses of $110K, and assets of $353K (revenue -3.9% year-over-year).
- 2021: Revenue of $98K, expenses of $107K, and assets of $367K (revenue -22.3% year-over-year).
- 2020: Revenue of $125K, expenses of $118K, and assets of $375K (revenue -0.4% year-over-year).
- 2019: Revenue of $126K, expenses of $100K, and assets of $320K (revenue +22.7% year-over-year).
- 2018: Revenue of $103K, expenses of $98K, and assets of $310K (revenue -4.1% year-over-year).
- 2017: Revenue of $107K, expenses of $97K, and assets of $311K (revenue +14.3% year-over-year).
- 2016: Revenue of $94K, expenses of $103K, and assets of $274K (revenue -1.4% year-over-year).
- 2015: Revenue of $95K, expenses of $86K, and assets of $286K (revenue -2.2% year-over-year).
- 2014: Revenue of $97K, expenses of $97K, and assets of $280K (revenue +5.5% year-over-year).
- 2013: Revenue of $92K, expenses of $85K, and assets of $282K (revenue -6.8% year-over-year).
- 2012: Revenue of $99K, expenses of $66K, and assets of $271K (revenue +5.4% year-over-year).
- 2011: Revenue of $94K, expenses of $71K, and assets of $241K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Hardin Recreation Area Inc:
Data Sources and Methodology
This transparency report for South Hardin Recreation Area Inc 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.