Spirit Of Columbia Gardens Carousel Foundation Inc
EIN: 810512992 · Butte, MT · NTEE: N32
| Metric | Value |
|---|---|
| Total Revenue | $194K |
| Total Expenses | $200K |
| Net Assets | $706K |
Is Spirit Of Columbia Gardens Carousel Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Spirit Of Columbia Gardens Carousel Foundation Inc
Spirit Of Columbia Gardens Carousel Foundation Inc (EIN: 810512992) is a nonprofit organization based in Butte, MT, classified under NTEE code N32. The organization reported total revenue of $194K and total assets of $749K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spirit Of Columbia Gardens Carousel Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spirit Of Columbia Gardens Carousel Foundation Inc is a small nonprofit that has been operating for 29 years, with 7 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $175K |
| Total Expenses | $200K |
| Surplus / Deficit | $-24,213 |
| Total Assets | $752K |
| Total Liabilities | $47K |
| Net Assets | $706K |
| Operating Margin | -13.8% |
| Debt-to-Asset Ratio | 6.2% |
| Months of Reserves | 45.2 months |
Financial Health Grade: B
In 2023, Spirit Of Columbia Gardens Carousel Foundation Inc reported a deficit of $24K with expenses exceeding revenue, holds 45.2 months of operating reserves (strong position), has a debt-to-asset ratio of 6.2% (very low leverage).
Financial Trends
Over 7 years of filings (2016–2023), Spirit Of Columbia Gardens Carousel Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.4% | +10.3% | -3.1% |
| 2022 | +19.8% | +9.4% | +4.9% |
| 2021 | +104.0% | +23.5% | +2.3% |
| 2020 | -51.1% | -16.9% | -10.3% |
| 2018 | +35.5% | +436.6% | +3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Spirit Of Columbia Gardens Carousel Foundation Inc 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 Spirit Of Columbia Gardens Carousel Foundation Inc 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 deficit of $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.2%.
Frequently Asked Questions about Spirit Of Columbia Gardens Carousel Foundation Inc
Is Spirit Of Columbia Gardens Carousel Foundation Inc a legitimate charity?
Spirit Of Columbia Gardens Carousel Foundation Inc (EIN: 810512992) is a registered tax-exempt nonprofit based in Montana. It has 7 years of IRS 990 filings on record. Total revenue: $194K. No red flags identified. Financial health grade: B.
How does Spirit Of Columbia Gardens Carousel Foundation Inc spend its money?
Spirit Of Columbia Gardens Carousel Foundation Inc reported $194K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Spirit Of Columbia Gardens Carousel Foundation Inc tax-deductible?
Spirit Of Columbia Gardens Carousel Foundation Inc is registered as a tax-exempt nonprofit (EIN: 810512992). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Spirit Of Columbia Gardens Carousel Foundation Inc located?
Spirit Of Columbia Gardens Carousel Foundation Inc is headquartered in Butte, Montana and files with the IRS under EIN 810512992. It is classified under NTEE code N32.
How many years of IRS 990 filings does Spirit Of Columbia Gardens Carousel Foundation Inc have?
Spirit Of Columbia Gardens Carousel Foundation Inc has 7 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 $194K in total revenue.
Filing History
IRS 990 filing history for Spirit Of Columbia Gardens Carousel Foundation Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2023), Spirit Of Columbia Gardens Carousel Foundation Inc's revenue has declined by 27.5%, moving from $242K to $175K. Total assets increased by 11.6% over the same period, from $674K to $752K. Total functional expenses rose by 2379.8%, from $8K to $200K. In its most recent filing year (2023), Spirit Of Columbia Gardens Carousel Foundation Inc reported a deficit of $24K, with expenses exceeding revenue. The organization holds $47K in liabilities against $752K in assets (debt-to-asset ratio: 6.2%), resulting in net assets of $706K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $175K | $200K | $752K | $47K | — | — |
| 2022 | $218K | $181K | $776K | $47K | — | View 990 |
| 2021 | $182K | $165K | $740K | $47K | — | View 990 |
| 2020 | $89K | $134K | $724K | $46K | — | — |
| 2018 | $182K | $161K | $806K | $49K | — | View 990 |
| 2017 | $134K | $30K | $780K | $43K | — | View 990 |
| 2016 | $242K | $8K | $674K | $42K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $175K, expenses of $200K, and assets of $752K (revenue -19.4% year-over-year).
- 2022: Revenue of $218K, expenses of $181K, and assets of $776K (revenue +19.8% year-over-year).
- 2021: Revenue of $182K, expenses of $165K, and assets of $740K (revenue +104.0% year-over-year).
- 2020: Revenue of $89K, expenses of $134K, and assets of $724K (revenue -51.1% year-over-year).
- 2018: Revenue of $182K, expenses of $161K, and assets of $806K (revenue +35.5% year-over-year).
- 2017: Revenue of $134K, expenses of $30K, and assets of $780K (revenue -44.4% year-over-year).
- 2016: Revenue of $242K, expenses of $8K, and assets of $674K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spirit Of Columbia Gardens Carousel Foundation Inc:
Data Sources and Methodology
This transparency report for Spirit Of Columbia Gardens Carousel Foundation 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.