Spring Meadows Inc
EIN: 710533427 · Springdale, AR · NTEE: L21Z
| Metric | Value |
|---|---|
| Total Revenue | $918K |
| Total Expenses | $850K |
| Net Assets | $-898,236 |
Is Spring Meadows Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Spring Meadows Inc
Spring Meadows Inc (EIN: 710533427) is a nonprofit organization based in Springdale, AR, classified under NTEE code L21Z. The organization reported total revenue of $918K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spring Meadows Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spring Meadows Inc is a small nonprofit that has been operating for 45 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $881K |
| Total Expenses | $850K |
| Surplus / Deficit | +$31K |
| Total Assets | $959K |
| Total Liabilities | $1.9M |
| Net Assets | $-898,236 |
| Operating Margin | 3.5% |
| Debt-to-Asset Ratio | 193.7% |
| Months of Reserves | 13.5 months |
Financial Health Grade: A
In 2023, Spring Meadows Inc reported a surplus of $31K with revenue exceeding expenses, holds 13.5 months of operating reserves (strong position), has a debt-to-asset ratio of 193.7% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Spring Meadows Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.4% | +2.0% | +0.4% |
| 2022 | +1.2% | -0.6% | -5.7% |
| 2021 | +1.6% | -0.7% | -5.9% |
| 2020 | +2.5% | +5.1% | -6.4% |
| 2019 | +2.2% | +0.1% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Spring Meadows 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 Spring Meadows 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 $31K, with revenue exceeding expenses.
- Debt-to-asset ratio: 193.7%.
Frequently Asked Questions about Spring Meadows Inc
Is Spring Meadows Inc a legitimate charity?
Spring Meadows Inc (EIN: 710533427) is a registered tax-exempt nonprofit based in Arkansas. It has 12 years of IRS 990 filings on record. Total revenue: $918K. No red flags identified. Financial health grade: A.
How does Spring Meadows Inc spend its money?
Spring Meadows Inc reported $918K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Spring Meadows Inc tax-deductible?
Spring Meadows Inc is registered as a tax-exempt nonprofit (EIN: 710533427). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Spring Meadows Inc located?
Spring Meadows Inc is headquartered in Springdale, Arkansas and files with the IRS under EIN 710533427. It is classified under NTEE code L21Z.
How many years of IRS 990 filings does Spring Meadows Inc have?
Spring Meadows Inc has 12 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 $918K in total revenue.
Filing History
IRS 990 filing history for Spring Meadows Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Spring Meadows Inc's revenue has grown by 23.5%, moving from $713K to $881K. Total assets decreased by 43.7% over the same period, from $1.7M to $959K. Total functional expenses rose by 15.2%, from $738K to $850K. In its most recent filing year (2023), Spring Meadows Inc reported a surplus of $31K, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $959K in assets (debt-to-asset ratio: 193.7%), resulting in net assets of $-898,236.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $881K | $850K | $959K | $1.9M | — | View 990 |
| 2022 | $844K | $833K | $955K | $1.9M | — | View 990 |
| 2021 | $834K | $839K | $1.0M | $2.0M | — | View 990 |
| 2020 | $820K | $845K | $1.1M | $2.1M | — | — |
| 2019 | $800K | $804K | $1.2M | $2.1M | — | View 990 |
| 2018 | $783K | $803K | $1.2M | $2.1M | — | View 990 |
| 2017 | $771K | $789K | $1.3M | $2.2M | — | View 990 |
| 2016 | $757K | $849K | $1.4M | $2.3M | — | View 990 |
| 2015 | $746K | $781K | $1.5M | $2.3M | — | View 990 |
| 2014 | $732K | $777K | $1.6M | $2.3M | — | View 990 |
| 2013 | $720K | $786K | $1.6M | $2.3M | — | View 990 |
| 2012 | $713K | $738K | $1.7M | $2.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $881K, expenses of $850K, and assets of $959K (revenue +4.4% year-over-year).
- 2022: Revenue of $844K, expenses of $833K, and assets of $955K (revenue +1.2% year-over-year).
- 2021: Revenue of $834K, expenses of $839K, and assets of $1.0M (revenue +1.6% year-over-year).
- 2020: Revenue of $820K, expenses of $845K, and assets of $1.1M (revenue +2.5% year-over-year).
- 2019: Revenue of $800K, expenses of $804K, and assets of $1.2M (revenue +2.2% year-over-year).
- 2018: Revenue of $783K, expenses of $803K, and assets of $1.2M (revenue +1.6% year-over-year).
- 2017: Revenue of $771K, expenses of $789K, and assets of $1.3M (revenue +1.8% year-over-year).
- 2016: Revenue of $757K, expenses of $849K, and assets of $1.4M (revenue +1.5% year-over-year).
- 2015: Revenue of $746K, expenses of $781K, and assets of $1.5M (revenue +1.9% year-over-year).
- 2014: Revenue of $732K, expenses of $777K, and assets of $1.6M (revenue +1.6% year-over-year).
- 2013: Revenue of $720K, expenses of $786K, and assets of $1.6M (revenue +0.9% year-over-year).
- 2012: Revenue of $713K, expenses of $738K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spring Meadows Inc:
Data Sources and Methodology
This transparency report for Spring Meadows 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.