Spearfish Canyon Foundation
EIN: 460411808 · Spearfish, SD
| Metric | Value |
|---|---|
| Total Revenue | $8K |
| Total Expenses | $9K |
| Net Assets | $490K |
Is Spearfish Canyon Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Spearfish Canyon Foundation
Spearfish Canyon Foundation (EIN: 460411808) is a nonprofit organization based in Spearfish, SD. The organization reported total revenue of $8K and total assets of $544K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spearfish Canyon Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spearfish Canyon Foundation is a micro nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -13.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9K |
| Total Expenses | $9K |
| Surplus / Deficit | +$565 |
| Total Assets | $490K |
| Net Assets | $490K |
| Operating Margin | 6.1% |
| Months of Reserves | 670.8 months |
Financial Health Grade: A
In 2023, Spearfish Canyon Foundation reported a surplus of $565 with revenue exceeding expenses, holds 670.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Spearfish Canyon Foundation's revenue has declined at a compound annual growth rate (CAGR) of -13.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +94.7% | +41.6% | +17.4% |
| 2022 | -82.4% | -17.5% | -13.3% |
| 2021 | +210.7% | +18.1% | +23.5% |
| 2020 | -45.6% | -9.8% | -8.6% |
| 2019 | -29.8% | +1.6% | +21.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Spearfish Canyon Foundation 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 Spearfish Canyon Foundation 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 $565, with revenue exceeding expenses.
Frequently Asked Questions about Spearfish Canyon Foundation
Is Spearfish Canyon Foundation a legitimate charity?
Spearfish Canyon Foundation (EIN: 460411808) is a registered tax-exempt nonprofit based in South Dakota. It has 13 years of IRS 990 filings on record. Total revenue: $8K. No red flags identified. Financial health grade: A.
How does Spearfish Canyon Foundation spend its money?
Spearfish Canyon Foundation reported $8K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Spearfish Canyon Foundation tax-deductible?
Spearfish Canyon Foundation is registered as a tax-exempt nonprofit (EIN: 460411808). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Spearfish Canyon Foundation located?
Spearfish Canyon Foundation is headquartered in Spearfish, South Dakota and files with the IRS under EIN 460411808.
How many years of IRS 990 filings does Spearfish Canyon Foundation have?
Spearfish Canyon Foundation 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 $8K in total revenue.
Filing History
IRS 990 filing history for Spearfish Canyon Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Spearfish Canyon Foundation's revenue has declined by 82.2%, moving from $52K to $9K. Total assets decreased by 60.1% over the same period, from $1.2M to $490K. Total functional expenses fell by 81.3%, from $47K to $9K. In its most recent filing year (2023), Spearfish Canyon Foundation reported a surplus of $565, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9K | $9K | $490K | $0 | — | — |
| 2022 | $5K | $6K | $418K | $0 | — | View 990 |
| 2021 | $27K | $8K | $482K | $0 | — | — |
| 2020 | $9K | $6K | $390K | $0 | — | — |
| 2019 | $16K | $7K | $427K | $0 | — | View 990 |
| 2018 | $23K | $7K | $352K | $0 | — | View 990 |
| 2017 | $16K | $7K | $381K | $0 | — | View 990 |
| 2016 | $34K | $814K | $325K | $0 | — | View 990 |
| 2015 | $33K | $50K | $1.1M | $0 | — | View 990 |
| 2014 | $233K | $17K | $1.1M | $0 | — | View 990 |
| 2013 | $90K | $67K | $1.1M | $0 | — | View 990 |
| 2012 | $133K | $521K | $956K | $0 | — | View 990 |
| 2011 | $52K | $47K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9K, expenses of $9K, and assets of $490K (revenue +94.7% year-over-year).
- 2022: Revenue of $5K, expenses of $6K, and assets of $418K (revenue -82.4% year-over-year).
- 2021: Revenue of $27K, expenses of $8K, and assets of $482K (revenue +210.7% year-over-year).
- 2020: Revenue of $9K, expenses of $6K, and assets of $390K (revenue -45.6% year-over-year).
- 2019: Revenue of $16K, expenses of $7K, and assets of $427K (revenue -29.8% year-over-year).
- 2018: Revenue of $23K, expenses of $7K, and assets of $352K (revenue +41.2% year-over-year).
- 2017: Revenue of $16K, expenses of $7K, and assets of $381K (revenue -52.5% year-over-year).
- 2016: Revenue of $34K, expenses of $814K, and assets of $325K (revenue +3.1% year-over-year).
- 2015: Revenue of $33K, expenses of $50K, and assets of $1.1M (revenue -85.8% year-over-year).
- 2014: Revenue of $233K, expenses of $17K, and assets of $1.1M (revenue +159.8% year-over-year).
- 2013: Revenue of $90K, expenses of $67K, and assets of $1.1M (revenue -32.7% year-over-year).
- 2012: Revenue of $133K, expenses of $521K, and assets of $956K (revenue +154.9% year-over-year).
- 2011: Revenue of $52K, expenses of $47K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spearfish Canyon Foundation:
Data Sources and Methodology
This transparency report for Spearfish Canyon Foundation 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.