Springville Community And Rural Foundation Inc
EIN: 871342879 · Springville, IN · NTEE: B29
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $2.2M |
| Net Assets | $1.1M |
Is Springville Community And Rural 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 Springville Community And Rural Foundation Inc
Springville Community And Rural Foundation Inc (EIN: 871342879) is a nonprofit organization based in Springville, IN, classified under NTEE code B29. The organization reported total revenue of $2.7M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Springville Community And Rural Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Springville Community And Rural Foundation Inc is a mid-size nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 41.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-213,076 |
| Total Assets | $1.8M |
| Total Liabilities | $724K |
| Net Assets | $1.1M |
| Operating Margin | -10.8% |
| Debt-to-Asset Ratio | 40.1% |
| Months of Reserves | 9.9 months |
Financial Health Grade: B
In 2023, Springville Community And Rural Foundation Inc reported a deficit of $213K with expenses exceeding revenue, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 40.1% (moderate leverage).
Financial Trends
Over 2 years of filings (2022–2023), Springville Community And Rural Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 41.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.0% | +2004.2% | +29.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Springville Community And Rural 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 Springville Community And Rural 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 $213K, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.1%.
Frequently Asked Questions about Springville Community And Rural Foundation Inc
Is Springville Community And Rural Foundation Inc a legitimate charity?
Springville Community And Rural Foundation Inc (EIN: 871342879) is a registered tax-exempt nonprofit based in Indiana. It has 2 years of IRS 990 filings on record. Total revenue: $2.7M. No red flags identified. Financial health grade: B.
How does Springville Community And Rural Foundation Inc spend its money?
Springville Community And Rural Foundation Inc reported $2.7M in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Springville Community And Rural Foundation Inc tax-deductible?
Springville Community And Rural Foundation Inc is registered as a tax-exempt nonprofit (EIN: 871342879). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Springville Community And Rural Foundation Inc located?
Springville Community And Rural Foundation Inc is headquartered in Springville, Indiana and files with the IRS under EIN 871342879. It is classified under NTEE code B29.
How many years of IRS 990 filings does Springville Community And Rural Foundation Inc have?
Springville Community And Rural Foundation Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.7M in total revenue.
Filing History
IRS 990 filing history for Springville Community And Rural Foundation Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Springville Community And Rural Foundation Inc's revenue has grown by 41%, moving from $1.4M to $2.0M. Total assets increased by 29.9% over the same period, from $1.4M to $1.8M. Total functional expenses rose by 2004.2%, from $104K to $2.2M. In its most recent filing year (2023), Springville Community And Rural Foundation Inc reported a deficit of $213K, with expenses exceeding revenue. The organization holds $724K in liabilities against $1.8M in assets (debt-to-asset ratio: 40.1%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.2M | $1.8M | $724K | — | View 990 |
| 2022 | $1.4M | $104K | $1.4M | $88K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Springville Community And Rural Foundation Inc:
Data Sources and Methodology
This transparency report for Springville Community And Rural 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.