State College Development Association
EIN: 460235119 · Brookings, SD
| Metric | Value |
|---|---|
| Total Revenue | $63K |
| Total Expenses | $26K |
| Net Assets | $109K |
Is State College Development Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About State College Development Association
State College Development Association (EIN: 460235119) is a nonprofit organization based in Brookings, SD. The organization reported total revenue of $63K and total assets of $599K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of State College Development Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
State College Development Association is a micro nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $26K |
| Surplus / Deficit | +$2K |
| Total Assets | $609K |
| Total Liabilities | $500K |
| Net Assets | $109K |
| Operating Margin | 6.3% |
| Debt-to-Asset Ratio | 82.1% |
| Months of Reserves | 278.1 months |
Financial Health Grade: A
In 2023, State College Development Association reported a surplus of $2K with revenue exceeding expenses, holds 278.1 months of operating reserves (strong position), has a debt-to-asset ratio of 82.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), State College Development Association's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.3% | -0.6% | -1.8% |
| 2022 | +4.6% | +0.0% | -1.8% |
| 2021 | +31.6% | +0.0% | -1.9% |
| 2020 | +15.2% | +0.0% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for State College Development Association 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 State College Development Association 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 $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 82.1%.
Frequently Asked Questions about State College Development Association
Is State College Development Association a legitimate charity?
State College Development Association (EIN: 460235119) is a registered tax-exempt nonprofit based in South Dakota. It has 13 years of IRS 990 filings on record. Total revenue: $63K. No red flags identified. Financial health grade: A.
How does State College Development Association spend its money?
State College Development Association reported $63K 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 State College Development Association tax-deductible?
State College Development Association is registered as a tax-exempt nonprofit (EIN: 460235119). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is State College Development Association located?
State College Development Association is headquartered in Brookings, South Dakota and files with the IRS under EIN 460235119.
How many years of IRS 990 filings does State College Development Association have?
State College Development Association 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 $63K in total revenue.
Filing History
IRS 990 filing history for State College Development Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), State College Development Association's revenue has grown by 183.8%, moving from $10K to $28K. Total assets increased by 4740.5% over the same period, from $13K to $609K. Total functional expenses rose by 4193.1%, from $612 to $26K. In its most recent filing year (2023), State College Development Association reported a surplus of $2K, with revenue exceeding expenses. The organization holds $500K in liabilities against $609K in assets (debt-to-asset ratio: 82.1%), resulting in net assets of $109K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $28K | $26K | $609K | $500K | — | — |
| 2022 | $27K | $26K | $620K | $513K | — | — |
| 2021 | $26K | $26K | $632K | $525K | — | — |
| 2020 | $20K | $26K | $644K | $538K | — | — |
| 2019 | $17K | $26K | $654K | $542K | — | View 990 |
| 2018 | $-151 | $160 | $667K | $545K | — | View 990 |
| 2017 | $-11,080 | $364 | $745K | $623K | — | View 990 |
| 2016 | $13K | $239 | $534K | $400K | — | View 990 |
| 2015 | $20K | $199 | $121K | $0 | — | View 990 |
| 2014 | $29K | $393 | $242K | $141K | — | View 990 |
| 2013 | $-3,447 | $190 | $483K | $411K | — | View 990 |
| 2012 | $-10,861 | $361 | $494K | $419K | — | View 990 |
| 2011 | $10K | $612 | $13K | $433K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $28K, expenses of $26K, and assets of $609K (revenue +2.3% year-over-year).
- 2022: Revenue of $27K, expenses of $26K, and assets of $620K (revenue +4.6% year-over-year).
- 2021: Revenue of $26K, expenses of $26K, and assets of $632K (revenue +31.6% year-over-year).
- 2020: Revenue of $20K, expenses of $26K, and assets of $644K (revenue +15.2% year-over-year).
- 2019: Revenue of $17K, expenses of $26K, and assets of $654K.
- 2018: Revenue of $-151, expenses of $160, and assets of $667K.
- 2017: Revenue of $-11,080, expenses of $364, and assets of $745K (revenue -183.5% year-over-year).
- 2016: Revenue of $13K, expenses of $239, and assets of $534K (revenue -34.9% year-over-year).
- 2015: Revenue of $20K, expenses of $199, and assets of $121K (revenue -30.4% year-over-year).
- 2014: Revenue of $29K, expenses of $393, and assets of $242K.
- 2013: Revenue of $-3,447, expenses of $190, and assets of $483K.
- 2012: Revenue of $-10,861, expenses of $361, and assets of $494K (revenue -210.0% year-over-year).
- 2011: Revenue of $10K, expenses of $612, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for State College Development Association:
Data Sources and Methodology
This transparency report for State College Development Association 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.