Southwest Nebraska Community Betterment Corporation
EIN: 470823875 · Grant, NE · NTEE: P40
| Metric | Value |
|---|---|
| Total Revenue | $744K |
| Total Expenses | $341K |
| Net Assets | $1.9M |
Is Southwest Nebraska Community Betterment Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southwest Nebraska Community Betterment Corporation
Southwest Nebraska Community Betterment Corporation (EIN: 470823875) is a nonprofit organization based in Grant, NE, classified under NTEE code P40. The organization reported total revenue of $744K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southwest Nebraska Community Betterment Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southwest Nebraska Community Betterment Corporation is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $508K |
| Total Expenses | $341K |
| Surplus / Deficit | +$167K |
| Total Assets | $1.9M |
| Total Liabilities | $23K |
| Net Assets | $1.9M |
| Operating Margin | 32.9% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 66.0 months |
Financial Health Grade: A
In 2023, Southwest Nebraska Community Betterment Corporation reported a surplus of $167K with revenue exceeding expenses, holds 66.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Southwest Nebraska Community Betterment Corporation's revenue has declined at a compound annual growth rate (CAGR) of -3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.1% | -2.4% | +10.7% |
| 2022 | +73.5% | -8.9% | +13.7% |
| 2021 | -78.2% | -69.4% | -4.2% |
| 2020 | +56.6% | +77.5% | +20.3% |
| 2019 | +6.8% | -1.4% | +22.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southwest Nebraska Community Betterment Corporation 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 Southwest Nebraska Community Betterment Corporation 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 $167K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Southwest Nebraska Community Betterment Corporation
Is Southwest Nebraska Community Betterment Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Southwest Nebraska Community Betterment Corporation (EIN: 470823875) insufficient data. 0 red flags identified, 0 strengths noted.
How does Southwest Nebraska Community Betterment Corporation spend its money?
Detailed spending breakdown data is not yet available for Southwest Nebraska Community Betterment Corporation. Check back for updated IRS 990 analysis.
Are donations to Southwest Nebraska Community Betterment Corporation tax-deductible?
Southwest Nebraska Community Betterment Corporation is registered as a tax-exempt nonprofit (EIN: 470823875). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southwest Nebraska Community Betterment Corporation located?
Southwest Nebraska Community Betterment Corporation is headquartered in Grant, Nebraska and files with the IRS under EIN 470823875. It is classified under NTEE code P40.
How many years of IRS 990 filings does Southwest Nebraska Community Betterment Corporation have?
Southwest Nebraska Community Betterment Corporation 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 $744K in total revenue.
Filing History
IRS 990 filing history for Southwest Nebraska Community Betterment Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Southwest Nebraska Community Betterment Corporation's revenue has declined by 32.6%, moving from $755K to $508K. Total assets increased by 179.8% over the same period, from $671K to $1.9M. Total functional expenses fell by 58.5%, from $822K to $341K. In its most recent filing year (2023), Southwest Nebraska Community Betterment Corporation reported a surplus of $167K, with revenue exceeding expenses. The organization holds $23K in liabilities against $1.9M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $508K | $341K | $1.9M | $23K | — | — |
| 2022 | $565K | $350K | $1.7M | $9K | — | View 990 |
| 2021 | $326K | $384K | $1.5M | $21K | — | View 990 |
| 2020 | $1.5M | $1.3M | $1.6M | $28K | — | — |
| 2019 | $956K | $707K | $1.3M | $7K | — | View 990 |
| 2018 | $895K | $717K | $1.1M | $20K | — | View 990 |
| 2017 | $602K | $528K | $896K | $33K | — | — |
| 2016 | $555K | $285K | $822K | $33K | — | View 990 |
| 2015 | $346K | $363K | $652K | $3K | — | View 990 |
| 2014 | $641K | $568K | $668K | $3K | — | View 990 |
| 2013 | $381K | $329K | $595K | $3K | — | View 990 |
| 2012 | $370K | $499K | $543K | $3K | — | View 990 |
| 2011 | $755K | $822K | $671K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $508K, expenses of $341K, and assets of $1.9M (revenue -10.1% year-over-year).
- 2022: Revenue of $565K, expenses of $350K, and assets of $1.7M (revenue +73.5% year-over-year).
- 2021: Revenue of $326K, expenses of $384K, and assets of $1.5M (revenue -78.2% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.3M, and assets of $1.6M (revenue +56.6% year-over-year).
- 2019: Revenue of $956K, expenses of $707K, and assets of $1.3M (revenue +6.8% year-over-year).
- 2018: Revenue of $895K, expenses of $717K, and assets of $1.1M (revenue +48.7% year-over-year).
- 2017: Revenue of $602K, expenses of $528K, and assets of $896K (revenue +8.5% year-over-year).
- 2016: Revenue of $555K, expenses of $285K, and assets of $822K (revenue +60.2% year-over-year).
- 2015: Revenue of $346K, expenses of $363K, and assets of $652K (revenue -46.0% year-over-year).
- 2014: Revenue of $641K, expenses of $568K, and assets of $668K (revenue +68.3% year-over-year).
- 2013: Revenue of $381K, expenses of $329K, and assets of $595K (revenue +3.0% year-over-year).
- 2012: Revenue of $370K, expenses of $499K, and assets of $543K (revenue -51.0% year-over-year).
- 2011: Revenue of $755K, expenses of $822K, and assets of $671K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southwest Nebraska Community Betterment Corporation:
Data Sources and Methodology
This transparency report for Southwest Nebraska Community Betterment Corporation 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.