Spirol International Charitable Foundation Inc
EIN: 510494974 · Danielson, CT · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $332K |
| Total Expenses | $179K |
| Net Assets | $498K |
Is Spirol International Charitable 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 Spirol International Charitable Foundation Inc
Spirol International Charitable Foundation Inc (EIN: 510494974) is a nonprofit organization based in Danielson, CT, classified under NTEE code T20. The organization reported total revenue of $332K and total assets of $791K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spirol International Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spirol International Charitable Foundation Inc is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 67.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $264K |
| Total Expenses | $179K |
| Surplus / Deficit | +$85K |
| Total Assets | $741K |
| Total Liabilities | $243K |
| Net Assets | $498K |
| Operating Margin | 32.3% |
| Debt-to-Asset Ratio | 32.8% |
| Months of Reserves | 49.8 months |
Financial Health Grade: A
In 2023, Spirol International Charitable Foundation Inc reported a surplus of $85K with revenue exceeding expenses, holds 49.8 months of operating reserves (strong position), has a debt-to-asset ratio of 32.8% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2023), Spirol International Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 67.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.2% | +106.8% | +7.4% |
| 2022 | +10.6% | -40.7% | +11.7% |
| 2021 | -4.2% | +35.8% | +9.6% |
| 2020 | +6.4% | +41.0% | +24.0% |
| 2019 | +61.2% | -45.7% | +64.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Spirol International Charitable 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 Spirol International Charitable 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 surplus of $85K, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.8%.
Frequently Asked Questions about Spirol International Charitable Foundation Inc
Is Spirol International Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Spirol International Charitable Foundation Inc (EIN: 510494974) insufficient data. 0 red flags identified, 0 strengths noted.
How does Spirol International Charitable Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Spirol International Charitable Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Spirol International Charitable Foundation Inc tax-deductible?
Spirol International Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 510494974). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Spirol International Charitable Foundation Inc located?
Spirol International Charitable Foundation Inc is headquartered in Danielson, Connecticut and files with the IRS under EIN 510494974. It is classified under NTEE code T20.
How many years of IRS 990 filings does Spirol International Charitable Foundation Inc have?
Spirol International Charitable Foundation Inc has 10 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 $332K in total revenue.
Filing History
IRS 990 filing history for Spirol International Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Spirol International Charitable Foundation Inc's revenue has grown by 47520.8%, moving from $554 to $264K. Total assets increased by 587.2% over the same period, from $108K to $741K. Total functional expenses rose by 236.5%, from $53K to $179K. In its most recent filing year (2023), Spirol International Charitable Foundation Inc reported a surplus of $85K, with revenue exceeding expenses. The organization holds $243K in liabilities against $741K in assets (debt-to-asset ratio: 32.8%), resulting in net assets of $498K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $264K | $179K | $741K | $243K | — | — |
| 2022 | $229K | $86K | $690K | $292K | — | View 990 |
| 2021 | $207K | $145K | $617K | $329K | — | View 990 |
| 2020 | $216K | $107K | $564K | $1 | — | View 990 |
| 2019 | $203K | $76K | $455K | $0 | — | View 990 |
| 2015 | $126K | $140K | $277K | $0 | — | View 990 |
| 2014 | $102K | $97K | $291K | $0 | — | View 990 |
| 2013 | $221K | $82K | $285K | $0 | — | View 990 |
| 2012 | $112K | $75K | $146K | $0 | — | View 990 |
| 2011 | $554 | $53K | $108K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $264K, expenses of $179K, and assets of $741K (revenue +15.2% year-over-year).
- 2022: Revenue of $229K, expenses of $86K, and assets of $690K (revenue +10.6% year-over-year).
- 2021: Revenue of $207K, expenses of $145K, and assets of $617K (revenue -4.2% year-over-year).
- 2020: Revenue of $216K, expenses of $107K, and assets of $564K (revenue +6.4% year-over-year).
- 2019: Revenue of $203K, expenses of $76K, and assets of $455K (revenue +61.2% year-over-year).
- 2015: Revenue of $126K, expenses of $140K, and assets of $277K (revenue +23.2% year-over-year).
- 2014: Revenue of $102K, expenses of $97K, and assets of $291K (revenue -53.8% year-over-year).
- 2013: Revenue of $221K, expenses of $82K, and assets of $285K (revenue +96.8% year-over-year).
- 2012: Revenue of $112K, expenses of $75K, and assets of $146K (revenue +20195.1% year-over-year).
- 2011: Revenue of $554, expenses of $53K, and assets of $108K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spirol International Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Spirol International Charitable 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.