Spots Last Stop Inc
EIN: 812774441 · Prior Lake, MN · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $398K |
| Total Expenses | $370K |
| Net Assets | $52K |
Is Spots Last Stop Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Spots Last Stop Inc
Spots Last Stop Inc (EIN: 812774441) is a nonprofit organization based in Prior Lake, MN, classified under NTEE code D20. The organization reported total revenue of $398K and total assets of $57K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spots Last Stop Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spots Last Stop Inc is a small nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 27.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $362K |
| Total Expenses | $370K |
| Surplus / Deficit | $-8,850 |
| Total Assets | $61K |
| Total Liabilities | $9K |
| Net Assets | $52K |
| Operating Margin | -2.4% |
| Debt-to-Asset Ratio | 14.7% |
| Months of Reserves | 2.0 months |
Financial Health Grade: C
In 2023, Spots Last Stop Inc reported a deficit of $9K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 14.7% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Spots Last Stop Inc's revenue has grown at a compound annual growth rate (CAGR) of 27.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.2% | +6.8% | -27.7% |
| 2022 | -34.7% | -36.1% | -10.5% |
| 2021 | +37.8% | +53.6% | -14.3% |
| 2020 | +33.0% | +29.1% | +64.8% |
| 2019 | +23.4% | +47.0% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1240 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Spots Last Stop 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 Spots Last Stop 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 $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.7%.
Frequently Asked Questions about Spots Last Stop Inc
Is Spots Last Stop Inc a legitimate charity?
Spots Last Stop Inc (EIN: 812774441) is a registered tax-exempt nonprofit based in Minnesota. It has 8 years of IRS 990 filings on record. Total revenue: $398K. No red flags identified. Financial health grade: C.
How does Spots Last Stop Inc spend its money?
Spots Last Stop Inc reported $398K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Spots Last Stop Inc tax-deductible?
Spots Last Stop Inc is registered as a tax-exempt nonprofit (EIN: 812774441). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Spots Last Stop Inc located?
Spots Last Stop Inc is headquartered in Prior Lake, Minnesota and files with the IRS under EIN 812774441. It is classified under NTEE code D20.
How many years of IRS 990 filings does Spots Last Stop Inc have?
Spots Last Stop Inc has 8 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 $398K in total revenue.
Filing History
IRS 990 filing history for Spots Last Stop Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Spots Last Stop Inc's revenue has grown by 435.8%, moving from $67K to $362K. Total assets increased by 367.3% over the same period, from $13K to $61K. Total functional expenses rose by 463.7%, from $66K to $370K. In its most recent filing year (2023), Spots Last Stop Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $9K in liabilities against $61K in assets (debt-to-asset ratio: 14.7%), resulting in net assets of $52K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $362K | $370K | $61K | $9K | — | View 990 |
| 2022 | $340K | $347K | $84K | $23K | — | View 990 |
| 2021 | $521K | $542K | $94K | $27K | — | View 990 |
| 2020 | $378K | $353K | $110K | $21K | — | — |
| 2019 | $284K | $273K | $67K | $3K | — | View 990 |
| 2018 | $230K | $186K | $60K | $8K | — | View 990 |
| 2017 | $180K | $173K | $16K | $7K | — | — |
| 2016 | $67K | $66K | $13K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $362K, expenses of $370K, and assets of $61K (revenue +6.2% year-over-year).
- 2022: Revenue of $340K, expenses of $347K, and assets of $84K (revenue -34.7% year-over-year).
- 2021: Revenue of $521K, expenses of $542K, and assets of $94K (revenue +37.8% year-over-year).
- 2020: Revenue of $378K, expenses of $353K, and assets of $110K (revenue +33.0% year-over-year).
- 2019: Revenue of $284K, expenses of $273K, and assets of $67K (revenue +23.4% year-over-year).
- 2018: Revenue of $230K, expenses of $186K, and assets of $60K (revenue +28.2% year-over-year).
- 2017: Revenue of $180K, expenses of $173K, and assets of $16K (revenue +166.2% year-over-year).
- 2016: Revenue of $67K, expenses of $66K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spots Last Stop Inc:
Data Sources and Methodology
This transparency report for Spots Last Stop 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.