Southern Usa Falun Dafa Association
EIN: 760692185 · Houston, TX · NTEE: X50
| Metric | Value |
|---|---|
| Total Revenue | $8.9M |
| Total Expenses | $8.9M |
| Net Assets | $-1,458,027 |
Is Southern Usa Falun Dafa Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southern Usa Falun Dafa Association
Southern Usa Falun Dafa Association (EIN: 760692185) is a nonprofit organization based in Houston, TX, classified under NTEE code X50. The organization reported total revenue of $8.9M and total assets of $412K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Usa Falun Dafa Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Usa Falun Dafa Association is a mid-size nonprofit that has been operating for 24 years, with 15 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 18.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.9M |
| Total Expenses | $8.9M |
| Surplus / Deficit | +$10K |
| Total Assets | $412K |
| Total Liabilities | $1.9M |
| Net Assets | $-1,458,027 |
| Operating Margin | 0.1% |
| Debt-to-Asset Ratio | 454.1% |
| Months of Reserves | 0.6 months |
Financial Health Grade: B
In 2024, Southern Usa Falun Dafa Association reported a surplus of $10K with revenue exceeding expenses, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 454.1% (high leverage).
Financial Trends
Over 15 years of filings (2011–2024), Southern Usa Falun Dafa Association's revenue has grown at a compound annual growth rate (CAGR) of 18.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.6% | +6.4% | -37.8% |
| 2023 | -27.3% | -31.7% | +47.9% |
| 2022 | +133.2% | +145.5% | -87.6% |
| 2021 | +44.2% | +18.0% | +1234.3% |
| 2020 | -48.6% | -36.6% | +15.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southern Usa Falun Dafa Association 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 Southern Usa Falun Dafa Association 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 $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 454.1%.
Frequently Asked Questions about Southern Usa Falun Dafa Association
Is Southern Usa Falun Dafa Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Southern Usa Falun Dafa Association (EIN: 760692185) insufficient data. 0 red flags identified, 0 strengths noted.
How does Southern Usa Falun Dafa Association spend its money?
Detailed spending breakdown data is not yet available for Southern Usa Falun Dafa Association. Check back for updated IRS 990 analysis.
Are donations to Southern Usa Falun Dafa Association tax-deductible?
Southern Usa Falun Dafa Association is registered as a tax-exempt nonprofit (EIN: 760692185). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southern Usa Falun Dafa Association located?
Southern Usa Falun Dafa Association is headquartered in Houston, Texas and files with the IRS under EIN 760692185. It is classified under NTEE code X50.
How many years of IRS 990 filings does Southern Usa Falun Dafa Association have?
Southern Usa Falun Dafa Association has 15 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 $8.9M in total revenue.
Filing History
IRS 990 filing history for Southern Usa Falun Dafa Association showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2011–2024), Southern Usa Falun Dafa Association's revenue has grown by 804.7%, moving from $982K to $8.9M. Total assets increased by 83% over the same period, from $225K to $412K. Total functional expenses rose by 820.1%, from $965K to $8.9M. In its most recent filing year (2024), Southern Usa Falun Dafa Association reported a surplus of $10K, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $412K in assets (debt-to-asset ratio: 454.1%), resulting in net assets of $-1,458,027.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $8.9M | $8.9M | $412K | $1.9M | — | — |
| 2023 | $8.3M | $8.3M | $662K | $2.1M | — | — |
| 2022 | $11.5M | $12.2M | $448K | $1.9M | — | — |
| 2021 | $4.9M | $5.0M | $3.6M | $4.4M | — | View 990 |
| 2020 | $3.4M | $4.2M | $271K | $1.0M | — | — |
| 2019 | $6.6M | $6.6M | $236K | $184K | — | View 990 |
| 2018 | $8.8M | $8.8M | $137K | $85K | — | View 990 |
| 2017 | $5.3M | $5.3M | $255K | $204K | — | View 990 |
| 2016 | $3.1M | $3.1M | $65K | $14K | — | View 990 |
| 2015 | $2.2M | $2.3M | $129K | $80K | — | View 990 |
| 2015 | $1.8M | $1.7M | $187K | $89K | — | View 990 |
| 2014 | $1.5M | $1.5M | $254K | $178K | — | View 990 |
| 2013 | $1.5M | $1.7M | $327K | $253K | — | View 990 |
| 2012 | $2.5M | $2.3M | $612K | $327K | — | View 990 |
| 2011 | $982K | $965K | $225K | $207K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $8.9M, expenses of $8.9M, and assets of $412K (revenue +6.6% year-over-year).
- 2023: Revenue of $8.3M, expenses of $8.3M, and assets of $662K (revenue -27.3% year-over-year).
- 2022: Revenue of $11.5M, expenses of $12.2M, and assets of $448K (revenue +133.2% year-over-year).
- 2021: Revenue of $4.9M, expenses of $5.0M, and assets of $3.6M (revenue +44.2% year-over-year).
- 2020: Revenue of $3.4M, expenses of $4.2M, and assets of $271K (revenue -48.6% year-over-year).
- 2019: Revenue of $6.6M, expenses of $6.6M, and assets of $236K (revenue -24.3% year-over-year).
- 2018: Revenue of $8.8M, expenses of $8.8M, and assets of $137K (revenue +65.9% year-over-year).
- 2017: Revenue of $5.3M, expenses of $5.3M, and assets of $255K (revenue +72.1% year-over-year).
- 2016: Revenue of $3.1M, expenses of $3.1M, and assets of $65K (revenue +38.0% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.3M, and assets of $129K (revenue +27.2% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.7M, and assets of $187K (revenue +18.0% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.5M, and assets of $254K (revenue +1.6% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.7M, and assets of $327K (revenue -42.6% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.3M, and assets of $612K (revenue +159.2% year-over-year).
- 2011: Revenue of $982K, expenses of $965K, and assets of $225K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Usa Falun Dafa Association:
Data Sources and Methodology
This transparency report for Southern Usa Falun Dafa Association 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.