Starting Over For Success S O S
EIN: 320226697 · Hastings, MI · NTEE: S31
| Metric | Value |
|---|---|
| Total Revenue | $471K |
| Total Expenses | $401K |
| Net Assets | $184K |
Is Starting Over For Success S O S Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Starting Over For Success S O S
Starting Over For Success S O S (EIN: 320226697) is a nonprofit organization based in Hastings, MI, classified under NTEE code S31. The organization reported total revenue of $471K and total assets of $357K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Starting Over For Success S O S's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Starting Over For Success S O S is a small nonprofit that has been operating for 17 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 32.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $452K |
| Total Expenses | $401K |
| Surplus / Deficit | +$51K |
| Total Assets | $260K |
| Total Liabilities | $76K |
| Net Assets | $184K |
| Operating Margin | 11.3% |
| Debt-to-Asset Ratio | 29.1% |
| Months of Reserves | 7.8 months |
Financial Health Grade: A
In 2023, Starting Over For Success S O S reported a surplus of $51K with revenue exceeding expenses, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 29.1% (moderate leverage).
Financial Trends
Over 9 years of filings (2011–2023), Starting Over For Success S O S's revenue has grown at a compound annual growth rate (CAGR) of 32.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.9% | -31.3% | +16.9% |
| 2022 | +41.7% | +18.3% | +304.4% |
| 2021 | +35.2% | +35.5% | -28.6% |
| 2020 | -11.9% | +2.0% | -20.2% |
| 2019 | +43.3% | +39.3% | +48.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Starting Over For Success S O S 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 Starting Over For Success S O S 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 $51K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.1%.
Frequently Asked Questions about Starting Over For Success S O S
Is Starting Over For Success S O S a legitimate charity?
Based on AI analysis of IRS 990 filings, Starting Over For Success S O S (EIN: 320226697) insufficient data. 0 red flags identified, 0 strengths noted.
How does Starting Over For Success S O S spend its money?
Detailed spending breakdown data is not yet available for Starting Over For Success S O S. Check back for updated IRS 990 analysis.
Are donations to Starting Over For Success S O S tax-deductible?
Starting Over For Success S O S is registered as a tax-exempt nonprofit (EIN: 320226697). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Starting Over For Success S O S located?
Starting Over For Success S O S is headquartered in Hastings, Michigan and files with the IRS under EIN 320226697. It is classified under NTEE code S31.
How many years of IRS 990 filings does Starting Over For Success S O S have?
Starting Over For Success S O S has 9 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 $471K in total revenue.
Filing History
IRS 990 filing history for Starting Over For Success S O S showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Starting Over For Success S O S's revenue has grown by 2810.8%, moving from $16K to $452K. Total assets increased by 1886.8% over the same period, from $13K to $260K. Total functional expenses rose by 2943.3%, from $13K to $401K. In its most recent filing year (2023), Starting Over For Success S O S reported a surplus of $51K, with revenue exceeding expenses. The organization holds $76K in liabilities against $260K in assets (debt-to-asset ratio: 29.1%), resulting in net assets of $184K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $452K | $401K | $260K | $76K | — | View 990 |
| 2022 | $663K | $583K | $222K | $89K | — | View 990 |
| 2021 | $468K | $493K | $55K | $2K | — | View 990 |
| 2020 | $346K | $364K | $77K | $-1,092 | — | — |
| 2019 | $393K | $357K | $97K | $850 | — | View 990 |
| 2018 | $274K | $256K | $65K | $6K | — | View 990 |
| 2017 | $258K | $229K | $48K | $7K | — | View 990 |
| 2016 | $223K | $211K | $25K | $0 | — | View 990 |
| 2011 | $16K | $13K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $452K, expenses of $401K, and assets of $260K (revenue -31.9% year-over-year).
- 2022: Revenue of $663K, expenses of $583K, and assets of $222K (revenue +41.7% year-over-year).
- 2021: Revenue of $468K, expenses of $493K, and assets of $55K (revenue +35.2% year-over-year).
- 2020: Revenue of $346K, expenses of $364K, and assets of $77K (revenue -11.9% year-over-year).
- 2019: Revenue of $393K, expenses of $357K, and assets of $97K (revenue +43.3% year-over-year).
- 2018: Revenue of $274K, expenses of $256K, and assets of $65K (revenue +6.1% year-over-year).
- 2017: Revenue of $258K, expenses of $229K, and assets of $48K (revenue +15.9% year-over-year).
- 2016: Revenue of $223K, expenses of $211K, and assets of $25K (revenue +1335.9% year-over-year).
- 2011: Revenue of $16K, expenses of $13K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Starting Over For Success S O S:
Data Sources and Methodology
This transparency report for Starting Over For Success S O S 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.