Springfield School Volunteers Inc
EIN: 42643527 · Springfield, MA · NTEE: B24I
| Metric | Value |
|---|---|
| Total Revenue | $513K |
| Total Expenses | $439K |
| Net Assets | $510K |
Is Springfield School Volunteers Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Springfield School Volunteers Inc
Springfield School Volunteers Inc (EIN: 42643527) is a nonprofit organization based in Springfield, MA, classified under NTEE code B24I. The organization reported total revenue of $513K and total assets of $539K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Springfield School Volunteers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Springfield School Volunteers Inc is a small nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $528K |
| Total Expenses | $439K |
| Surplus / Deficit | +$89K |
| Total Assets | $622K |
| Total Liabilities | $112K |
| Net Assets | $510K |
| Operating Margin | 16.8% |
| Debt-to-Asset Ratio | 18.0% |
| Months of Reserves | 17.0 months |
Financial Health Grade: A
In 2023, Springfield School Volunteers Inc reported a surplus of $89K with revenue exceeding expenses, holds 17.0 months of operating reserves (strong position), has a debt-to-asset ratio of 18.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Springfield School Volunteers Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.3% | +10.8% | +22.9% |
| 2022 | -7.0% | -1.5% | +10.7% |
| 2021 | -20.2% | -21.1% | +23.3% |
| 2020 | +8.2% | -23.6% | +9.1% |
| 2019 | -15.1% | -4.2% | -25.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Springfield School Volunteers 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 Springfield School Volunteers 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 $89K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.0%.
Frequently Asked Questions about Springfield School Volunteers Inc
Is Springfield School Volunteers Inc a legitimate charity?
Springfield School Volunteers Inc (EIN: 42643527) is a registered tax-exempt nonprofit based in Massachusetts. It has 13 years of IRS 990 filings on record. Total revenue: $513K. No red flags identified. Financial health grade: A.
How does Springfield School Volunteers Inc spend its money?
Springfield School Volunteers Inc reported $513K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Springfield School Volunteers Inc tax-deductible?
Springfield School Volunteers Inc is registered as a tax-exempt nonprofit (EIN: 42643527). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Springfield School Volunteers Inc located?
Springfield School Volunteers Inc is headquartered in Springfield, Massachusetts and files with the IRS under EIN 42643527. It is classified under NTEE code B24I.
How many years of IRS 990 filings does Springfield School Volunteers Inc have?
Springfield School Volunteers Inc has 13 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 $513K in total revenue.
Filing History
IRS 990 filing history for Springfield School Volunteers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Springfield School Volunteers Inc's revenue has declined by 10.7%, moving from $591K to $528K. Total assets decreased by 9% over the same period, from $683K to $622K. Total functional expenses fell by 13.2%, from $505K to $439K. In its most recent filing year (2023), Springfield School Volunteers Inc reported a surplus of $89K, with revenue exceeding expenses. The organization holds $112K in liabilities against $622K in assets (debt-to-asset ratio: 18.0%), resulting in net assets of $510K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $528K | $439K | $622K | $112K | — | View 990 |
| 2022 | $442K | $396K | $506K | $85K | — | — |
| 2021 | $475K | $402K | $457K | $82K | — | View 990 |
| 2020 | $596K | $509K | $371K | $70K | — | — |
| 2019 | $551K | $667K | $340K | $124K | — | View 990 |
| 2018 | $649K | $696K | $456K | $122K | — | View 990 |
| 2017 | $376K | $559K | $485K | $108K | — | View 990 |
| 2016 | $810K | $715K | $668K | $110K | — | View 990 |
| 2015 | $762K | $695K | $601K | $140K | — | View 990 |
| 2014 | $695K | $679K | $490K | $96K | — | View 990 |
| 2013 | $529K | $652K | $479K | $102K | — | View 990 |
| 2012 | $509K | $526K | $563K | $65K | — | View 990 |
| 2011 | $591K | $505K | $683K | $169K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $528K, expenses of $439K, and assets of $622K (revenue +19.3% year-over-year).
- 2022: Revenue of $442K, expenses of $396K, and assets of $506K (revenue -7.0% year-over-year).
- 2021: Revenue of $475K, expenses of $402K, and assets of $457K (revenue -20.2% year-over-year).
- 2020: Revenue of $596K, expenses of $509K, and assets of $371K (revenue +8.2% year-over-year).
- 2019: Revenue of $551K, expenses of $667K, and assets of $340K (revenue -15.1% year-over-year).
- 2018: Revenue of $649K, expenses of $696K, and assets of $456K (revenue +72.4% year-over-year).
- 2017: Revenue of $376K, expenses of $559K, and assets of $485K (revenue -53.6% year-over-year).
- 2016: Revenue of $810K, expenses of $715K, and assets of $668K (revenue +6.3% year-over-year).
- 2015: Revenue of $762K, expenses of $695K, and assets of $601K (revenue +9.7% year-over-year).
- 2014: Revenue of $695K, expenses of $679K, and assets of $490K (revenue +31.3% year-over-year).
- 2013: Revenue of $529K, expenses of $652K, and assets of $479K (revenue +3.9% year-over-year).
- 2012: Revenue of $509K, expenses of $526K, and assets of $563K (revenue -13.8% year-over-year).
- 2011: Revenue of $591K, expenses of $505K, and assets of $683K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Springfield School Volunteers Inc:
Data Sources and Methodology
This transparency report for Springfield School Volunteers 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.