Spencer Youth Recreations Inc
Spencer Youth Recreations Inc shows modest revenue growth but limited financial transparency with only one public filing from 2011.
EIN: 201924548 · Spencer, WI · NTEE: N30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $91K |
| Total Expenses | $39K |
| Program Spending | 70% |
| Net Assets | $5K |
| Transparency Score | 60/100 |
Is Spencer Youth Recreations Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spencer Youth Recreations Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Spencer Youth Recreations Inc
Spencer Youth Recreations Inc (EIN: 201924548) is a nonprofit organization based in Spencer, WI, classified under NTEE code N30. The organization reported total revenue of $91K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spencer Youth Recreations Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spencer Youth Recreations Inc is a micro nonprofit that has been operating for 21 years.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $39K |
| Surplus / Deficit | $-8,618 |
| Total Assets | $5K |
| Net Assets | $5K |
| Operating Margin | -28.5% |
| Months of Reserves | 1.7 months |
Financial Health Grade: C
In 2011, Spencer Youth Recreations Inc reported a deficit of $9K with expenses exceeding revenue, holds 1.7 months of operating reserves (limited).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Spencer Youth Recreations Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Spencer Youth Recreations Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
Executive Compensation Analysis
Based on the 2011 filing, officer compensation was 0%, indicating a volunteer-led organization or one with no paid executives at that time, which is common for very small nonprofits.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Spencer Youth Recreations Inc's IRS 990 filings:
- Only one public IRS 990 filing available (from 2011), limiting current financial insight.
- Expenses ($38,869) exceeded revenue ($30,251) in the 2011 filing period.
Strengths
The following positive indicators were identified for Spencer Youth Recreations Inc:
- 0% officer compensation reported in 2011, suggesting a volunteer-driven model.
- Apparent revenue growth from $30,251 in 2011 to $91,352 most recently reported.
Frequently Asked Questions about Spencer Youth Recreations Inc
Is Spencer Youth Recreations Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Spencer Youth Recreations Inc (EIN: 201924548) some concerns. Mission Score: 60/100. 2 red flags identified, 2 strengths noted.
How does Spencer Youth Recreations Inc spend its money?
Spencer Youth Recreations Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Spencer Youth Recreations Inc tax-deductible?
Spencer Youth Recreations Inc is registered as a tax-exempt nonprofit (EIN: 201924548). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Spencer Youth Recreations Inc's spending goes to programs?
Spencer Youth Recreations Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Spencer Youth Recreations Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Spencer Youth Recreations Inc is above average for NTEE category N30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Spencer Youth Recreations Inc located?
Spencer Youth Recreations Inc is headquartered in Spencer, Wisconsin and files with the IRS under EIN 201924548. It is classified under NTEE code N30.
Is Spencer Youth Recreations Inc a good charity?
Based on the limited data, it's hard to definitively say. The organization appears to be small and community-focused, likely volunteer-driven given 0% officer compensation in 2011. However, only one public filing from 2011 makes it difficult to assess current financial health and program effectiveness.
What is the current financial health of Spencer Youth Recreations Inc?
The latest reported revenue is $91,352 with assets of $41,756. While this shows growth from 2011 (revenue $30,251, assets $5,411), without more recent expense data, it's difficult to determine current profitability or financial stability.
How transparent is Spencer Youth Recreations Inc?
Transparency is limited, with only one IRS 990 filing available from 2011. More recent and detailed financial disclosures would be needed for a comprehensive transparency assessment.
Filing History
IRS 990 filing history for Spencer Youth Recreations Inc showing financial trends over 1 year of public records:
In its most recent filing year (2011), Spencer Youth Recreations Inc reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2011 | $30K | $39K | $5K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spencer Youth Recreations Inc:
Data Sources and Methodology
This transparency report for Spencer Youth Recreations 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.