South Toledo Senior Centers Inc
EIN: 341357745 · Toledo, OH
| Metric | Value |
|---|---|
| Total Revenue | $407K |
| Total Expenses | $418K |
| Net Assets | $86K |
Is South Toledo Senior Centers 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 Toledo Senior Centers Inc
South Toledo Senior Centers Inc (EIN: 341357745) is a nonprofit organization based in Toledo, OH. The organization reported total revenue of $407K and total assets of $16K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Toledo Senior Centers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Toledo Senior Centers Inc is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $377K |
| Total Expenses | $418K |
| Surplus / Deficit | $-40,623 |
| Total Assets | $86K |
| Net Assets | $86K |
| Operating Margin | -10.8% |
| Months of Reserves | 2.5 months |
Financial Health Grade: C
In 2023, South Toledo Senior Centers Inc reported a deficit of $41K with expenses exceeding revenue, holds 2.5 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), South Toledo Senior Centers Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.3% | +28.0% | -32.1% |
| 2022 | +5.0% | -8.1% | -18.3% |
| 2021 | -10.7% | +24.1% | -26.5% |
| 2020 | -8.6% | -27.4% | +36.8% |
| 2019 | -3.7% | -1.5% | -8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for South Toledo Senior Centers 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 Toledo Senior Centers 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $41K, with expenses exceeding revenue.
Frequently Asked Questions about South Toledo Senior Centers Inc
Is South Toledo Senior Centers Inc a legitimate charity?
South Toledo Senior Centers Inc (EIN: 341357745) is a registered tax-exempt nonprofit based in Ohio. It has 13 years of IRS 990 filings on record. Total revenue: $407K. No red flags identified. Financial health grade: C.
How does South Toledo Senior Centers Inc spend its money?
South Toledo Senior Centers Inc reported $407K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to South Toledo Senior Centers Inc tax-deductible?
South Toledo Senior Centers Inc is registered as a tax-exempt nonprofit (EIN: 341357745). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is South Toledo Senior Centers Inc located?
South Toledo Senior Centers Inc is headquartered in Toledo, Ohio and files with the IRS under EIN 341357745.
How many years of IRS 990 filings does South Toledo Senior Centers Inc have?
South Toledo Senior Centers Inc has 13 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 $407K in total revenue.
Filing History
IRS 990 filing history for South Toledo Senior Centers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), South Toledo Senior Centers Inc's revenue has declined by 6.6%, moving from $404K to $377K. Total assets increased by 13.6% over the same period, from $76K to $86K. Total functional expenses rose by 8.4%, from $385K to $418K. In its most recent filing year (2023), South Toledo Senior Centers Inc reported a deficit of $41K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $377K | $418K | $86K | $0 | — | — |
| 2022 | $319K | $326K | $127K | $0 | — | — |
| 2021 | $303K | $355K | $155K | $21K | — | View 990 |
| 2020 | $340K | $286K | $211K | $25K | — | — |
| 2019 | $372K | $394K | $154K | $22K | — | View 990 |
| 2018 | $386K | $400K | $168K | $14K | — | View 990 |
| 2017 | $397K | $390K | $168K | $0 | — | View 990 |
| 2016 | $397K | $394K | $161K | $0 | — | View 990 |
| 2015 | $399K | $391K | $141K | $0 | — | View 990 |
| 2014 | $380K | $411K | $126K | $1K | — | View 990 |
| 2013 | $405K | $408K | $140K | $2K | — | View 990 |
| 2012 | $376K | $369K | $124K | $249 | — | View 990 |
| 2011 | $404K | $385K | $76K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $377K, expenses of $418K, and assets of $86K (revenue +18.3% year-over-year).
- 2022: Revenue of $319K, expenses of $326K, and assets of $127K (revenue +5.0% year-over-year).
- 2021: Revenue of $303K, expenses of $355K, and assets of $155K (revenue -10.7% year-over-year).
- 2020: Revenue of $340K, expenses of $286K, and assets of $211K (revenue -8.6% year-over-year).
- 2019: Revenue of $372K, expenses of $394K, and assets of $154K (revenue -3.7% year-over-year).
- 2018: Revenue of $386K, expenses of $400K, and assets of $168K (revenue -2.7% year-over-year).
- 2017: Revenue of $397K, expenses of $390K, and assets of $168K (revenue -0.1% year-over-year).
- 2016: Revenue of $397K, expenses of $394K, and assets of $161K (revenue -0.4% year-over-year).
- 2015: Revenue of $399K, expenses of $391K, and assets of $141K (revenue +4.8% year-over-year).
- 2014: Revenue of $380K, expenses of $411K, and assets of $126K (revenue -6.1% year-over-year).
- 2013: Revenue of $405K, expenses of $408K, and assets of $140K (revenue +7.8% year-over-year).
- 2012: Revenue of $376K, expenses of $369K, and assets of $124K (revenue -6.9% year-over-year).
- 2011: Revenue of $404K, expenses of $385K, and assets of $76K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Toledo Senior Centers Inc:
Data Sources and Methodology
This transparency report for South Toledo Senior Centers 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.