South Peninsula Athletic And Recreational Committee
EIN: 462829828 · Homer, AK · NTEE: N64
| Metric | Value |
|---|---|
| Total Revenue | $108K |
| Total Expenses | $99K |
| Net Assets | $880K |
Is South Peninsula Athletic And Recreational Committee Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About South Peninsula Athletic And Recreational Committee
South Peninsula Athletic And Recreational Committee (EIN: 462829828) is a nonprofit organization based in Homer, AK, classified under NTEE code N64. The organization reported total revenue of $108K and total assets of $898K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Peninsula Athletic And Recreational Committee's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Peninsula Athletic And Recreational Committee is a small nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $353K |
| Total Expenses | $99K |
| Surplus / Deficit | +$253K |
| Total Assets | $880K |
| Total Liabilities | $17 |
| Net Assets | $880K |
| Operating Margin | 71.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 106.2 months |
Financial Health Grade: A
In 2023, South Peninsula Athletic And Recreational Committee reported a surplus of $253K with revenue exceeding expenses, holds 106.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), South Peninsula Athletic And Recreational Committee's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +477.5% | +1.2% | +39.8% |
| 2022 | -15.5% | -6.1% | -5.5% |
| 2021 | -25.1% | +9.5% | -4.5% |
| 2020 | -37.9% | -25.2% | -4.4% |
| 2019 | -41.9% | +9.5% | +6.8% |
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 South Peninsula Athletic And Recreational Committee 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 Peninsula Athletic And Recreational Committee 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 $253K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about South Peninsula Athletic And Recreational Committee
Is South Peninsula Athletic And Recreational Committee a legitimate charity?
South Peninsula Athletic And Recreational Committee (EIN: 462829828) is a registered tax-exempt nonprofit based in Alaska. It has 8 years of IRS 990 filings on record. Total revenue: $108K. No red flags identified. Financial health grade: A.
How does South Peninsula Athletic And Recreational Committee spend its money?
South Peninsula Athletic And Recreational Committee reported $108K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to South Peninsula Athletic And Recreational Committee tax-deductible?
South Peninsula Athletic And Recreational Committee is registered as a tax-exempt nonprofit (EIN: 462829828). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is South Peninsula Athletic And Recreational Committee located?
South Peninsula Athletic And Recreational Committee is headquartered in Homer, Alaska and files with the IRS under EIN 462829828. It is classified under NTEE code N64.
How many years of IRS 990 filings does South Peninsula Athletic And Recreational Committee have?
South Peninsula Athletic And Recreational Committee has 8 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 $108K in total revenue.
Filing History
IRS 990 filing history for South Peninsula Athletic And Recreational Committee showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), South Peninsula Athletic And Recreational Committee's revenue has grown by 99.9%, moving from $176K to $353K. Total assets increased by 451% over the same period, from $160K to $880K. Total functional expenses rose by 340.7%, from $23K to $99K. In its most recent filing year (2023), South Peninsula Athletic And Recreational Committee reported a surplus of $253K, with revenue exceeding expenses. The organization holds $17 in liabilities against $880K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $880K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $353K | $99K | $880K | $17 | — | View 990 |
| 2022 | $61K | $98K | $630K | $2K | — | View 990 |
| 2021 | $72K | $105K | $666K | $2K | — | View 990 |
| 2020 | $96K | $96K | $697K | $-1,329 | — | View 990 |
| 2019 | $155K | $128K | $729K | $31K | — | View 990 |
| 2018 | $267K | $117K | $683K | $12K | — | View 990 |
| 2017 | $437K | $77K | $520K | $0 | — | View 990 |
| 2016 | $176K | $23K | $160K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $353K, expenses of $99K, and assets of $880K (revenue +477.5% year-over-year).
- 2022: Revenue of $61K, expenses of $98K, and assets of $630K (revenue -15.5% year-over-year).
- 2021: Revenue of $72K, expenses of $105K, and assets of $666K (revenue -25.1% year-over-year).
- 2020: Revenue of $96K, expenses of $96K, and assets of $697K (revenue -37.9% year-over-year).
- 2019: Revenue of $155K, expenses of $128K, and assets of $729K (revenue -41.9% year-over-year).
- 2018: Revenue of $267K, expenses of $117K, and assets of $683K (revenue -38.9% year-over-year).
- 2017: Revenue of $437K, expenses of $77K, and assets of $520K (revenue +147.8% year-over-year).
- 2016: Revenue of $176K, expenses of $23K, and assets of $160K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Peninsula Athletic And Recreational Committee:
Data Sources and Methodology
This transparency report for South Peninsula Athletic And Recreational Committee 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.