Sphinx Shriners Group Return
EIN: 510220492 · Newington, CT
Is Sphinx Shriners Group Return Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sphinx Shriners Group Return
Sphinx Shriners Group Return (EIN: 510220492) is a nonprofit organization based in Newington, CT. The organization reported total revenue of $193K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sphinx Shriners Group Return's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sphinx Shriners Group Return is a small nonprofit that has been operating for 86 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 13.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $193K |
| Total Expenses | $241K |
| Surplus / Deficit | $-48,639 |
| Total Assets | $1.8M |
| Total Liabilities | $1.8M |
| Net Assets | $8K |
| Operating Margin | -25.2% |
| Debt-to-Asset Ratio | 99.6% |
| Months of Reserves | 89.7 months |
Financial Health Grade: C
In 2022, Sphinx Shriners Group Return reported a deficit of $49K with expenses exceeding revenue, holds 89.7 months of operating reserves (strong position), has a debt-to-asset ratio of 99.6% (high leverage).
Financial Trends
Over 9 years of filings (2011–2022), Sphinx Shriners Group Return's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +4063.4% | +1542.4% | +978.8% |
| 2021 | +58.2% | +96.3% | +192.7% |
| 2020 | -91.7% | -66.2% | -76.8% |
| 2018 | +934.2% | +326.0% | +406.1% |
| 2016 | -0.4% | -50.1% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1940 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sphinx Shriners Group Return 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 Sphinx Shriners Group Return 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 99.6%.
Frequently Asked Questions about Sphinx Shriners Group Return
Is Sphinx Shriners Group Return a legitimate charity?
Based on AI analysis of IRS 990 filings, Sphinx Shriners Group Return (EIN: 510220492) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sphinx Shriners Group Return spend its money?
Detailed spending breakdown data is not yet available for Sphinx Shriners Group Return. Check back for updated IRS 990 analysis.
Are donations to Sphinx Shriners Group Return tax-deductible?
Sphinx Shriners Group Return is registered as a tax-exempt nonprofit (EIN: 510220492). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Sphinx Shriners Group Return showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Sphinx Shriners Group Return's revenue has grown by 307.6%, moving from $47K to $193K. Total assets increased by 3395.4% over the same period, from $52K to $1.8M. Total functional expenses rose by 616.3%, from $34K to $241K. In its most recent filing year (2022), Sphinx Shriners Group Return reported a deficit of $49K, with expenses exceeding revenue. The organization holds $1.8M in liabilities against $1.8M in assets (debt-to-asset ratio: 99.6%), resulting in net assets of $8K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $193K | $241K | $1.8M | $1.8M | — | View 990 |
| 2021 | $5K | $15K | $167K | $167K | — | View 990 |
| 2020 | $3K | $7K | $57K | $57K | — | View 990 |
| 2018 | $35K | $22K | $247K | $144K | — | View 990 |
| 2016 | $3K | $5K | $49K | $0 | — | View 990 |
| 2015 | $3K | $10K | $51K | $0 | — | View 990 |
| 2014 | $38K | $45K | $57K | $0 | — | View 990 |
| 2013 | $63K | $59K | $64K | $0 | — | View 990 |
| 2011 | $47K | $34K | $52K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $193K, expenses of $241K, and assets of $1.8M (revenue +4063.4% year-over-year).
- 2021: Revenue of $5K, expenses of $15K, and assets of $167K (revenue +58.2% year-over-year).
- 2020: Revenue of $3K, expenses of $7K, and assets of $57K (revenue -91.7% year-over-year).
- 2018: Revenue of $35K, expenses of $22K, and assets of $247K (revenue +934.2% year-over-year).
- 2016: Revenue of $3K, expenses of $5K, and assets of $49K (revenue -0.4% year-over-year).
- 2015: Revenue of $3K, expenses of $10K, and assets of $51K (revenue -91.0% year-over-year).
- 2014: Revenue of $38K, expenses of $45K, and assets of $57K (revenue -39.1% year-over-year).
- 2013: Revenue of $63K, expenses of $59K, and assets of $64K (revenue +32.2% year-over-year).
- 2011: Revenue of $47K, expenses of $34K, and assets of $52K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sphinx Shriners Group Return:
Data Sources and Methodology
This transparency report for Sphinx Shriners Group Return 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.