Spearfish Senior Service Center
EIN: 237297042 · Spearfish, SD · NTEE: P81
| Metric | Value |
|---|---|
| Total Revenue | $271K |
| Total Expenses | $146K |
| Net Assets | $898K |
Is Spearfish Senior Service Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Spearfish Senior Service Center
Spearfish Senior Service Center (EIN: 237297042) is a nonprofit organization based in Spearfish, SD, classified under NTEE code P81. The organization reported total revenue of $271K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spearfish Senior Service Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spearfish Senior Service Center is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $166K |
| Total Expenses | $146K |
| Surplus / Deficit | +$20K |
| Total Assets | $899K |
| Total Liabilities | $940 |
| Net Assets | $898K |
| Operating Margin | 12.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 73.7 months |
Financial Health Grade: A
In 2023, Spearfish Senior Service Center reported a surplus of $20K with revenue exceeding expenses, holds 73.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Spearfish Senior Service Center's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.1% | +0.1% | +1.8% |
| 2022 | +0.9% | +16.2% | +0.8% |
| 2021 | +77.8% | +7.7% | +9.6% |
| 2020 | -7.9% | +6.8% | -4.6% |
| 2019 | +0.5% | -14.0% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Spearfish Senior Service Center 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 Senior Service Center 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 $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Spearfish Senior Service Center
Is Spearfish Senior Service Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Spearfish Senior Service Center (EIN: 237297042) insufficient data. 0 red flags identified, 0 strengths noted.
How does Spearfish Senior Service Center spend its money?
Detailed spending breakdown data is not yet available for Spearfish Senior Service Center. Check back for updated IRS 990 analysis.
Are donations to Spearfish Senior Service Center tax-deductible?
Spearfish Senior Service Center is registered as a tax-exempt nonprofit (EIN: 237297042). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Spearfish Senior Service Center located?
Spearfish Senior Service Center is headquartered in Spearfish, South Dakota and files with the IRS under EIN 237297042. It is classified under NTEE code P81.
How many years of IRS 990 filings does Spearfish Senior Service Center have?
Spearfish Senior Service Center 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 $271K in total revenue.
Filing History
IRS 990 filing history for Spearfish Senior Service Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Spearfish Senior Service Center's revenue has grown by 130.8%, moving from $72K to $166K. Total assets increased by 5.7% over the same period, from $850K to $899K. Total functional expenses rose by 54.6%, from $95K to $146K. In its most recent filing year (2023), Spearfish Senior Service Center reported a surplus of $20K, with revenue exceeding expenses. The organization holds $940 in liabilities against $899K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $898K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $166K | $146K | $899K | $940 | — | — |
| 2022 | $183K | $146K | $883K | $764 | — | View 990 |
| 2021 | $181K | $126K | $875K | $805 | — | View 990 |
| 2020 | $102K | $117K | $799K | $1K | — | View 990 |
| 2019 | $111K | $109K | $838K | $3K | — | View 990 |
| 2018 | $110K | $127K | $804K | $566 | — | View 990 |
| 2017 | $103K | $100K | $820K | $460 | — | View 990 |
| 2016 | $85K | $82K | $818K | $211 | — | View 990 |
| 2015 | $82K | $91K | $780K | $739 | — | View 990 |
| 2014 | $84K | $90K | $818K | $558 | — | View 990 |
| 2013 | $71K | $100K | $809K | $1 | — | View 990 |
| 2012 | $73K | $109K | $820K | $423 | — | View 990 |
| 2011 | $72K | $95K | $850K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $166K, expenses of $146K, and assets of $899K (revenue -9.1% year-over-year).
- 2022: Revenue of $183K, expenses of $146K, and assets of $883K (revenue +0.9% year-over-year).
- 2021: Revenue of $181K, expenses of $126K, and assets of $875K (revenue +77.8% year-over-year).
- 2020: Revenue of $102K, expenses of $117K, and assets of $799K (revenue -7.9% year-over-year).
- 2019: Revenue of $111K, expenses of $109K, and assets of $838K (revenue +0.5% year-over-year).
- 2018: Revenue of $110K, expenses of $127K, and assets of $804K (revenue +7.3% year-over-year).
- 2017: Revenue of $103K, expenses of $100K, and assets of $820K (revenue +20.5% year-over-year).
- 2016: Revenue of $85K, expenses of $82K, and assets of $818K (revenue +3.2% year-over-year).
- 2015: Revenue of $82K, expenses of $91K, and assets of $780K (revenue -2.4% year-over-year).
- 2014: Revenue of $84K, expenses of $90K, and assets of $818K (revenue +19.6% year-over-year).
- 2013: Revenue of $71K, expenses of $100K, and assets of $809K (revenue -3.0% year-over-year).
- 2012: Revenue of $73K, expenses of $109K, and assets of $820K (revenue +1.2% year-over-year).
- 2011: Revenue of $72K, expenses of $95K, and assets of $850K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spearfish Senior Service Center:
Data Sources and Methodology
This transparency report for Spearfish Senior Service Center 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.