Station 1 Records
EIN: 813071619 · Des Moines, IA · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $43K |
| Total Expenses | $60K |
| Net Assets | $6K |
Is Station 1 Records Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Station 1 Records
Station 1 Records (EIN: 813071619) is a nonprofit organization based in Des Moines, IA, classified under NTEE code A20. The organization reported total revenue of $43K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Station 1 Records's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Station 1 Records is a micro nonprofit that has been operating for 10 years, with 4 years of IRS 990 filings on record (2018–2021). Revenue has grown at a compound annual rate of -26.7%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $43K |
| Total Expenses | $60K |
| Surplus / Deficit | $-17,412 |
| Total Assets | $22K |
| Total Liabilities | $16K |
| Net Assets | $6K |
| Operating Margin | -40.8% |
| Debt-to-Asset Ratio | 73.1% |
| Months of Reserves | 4.4 months |
Financial Health Grade: C
In 2021, Station 1 Records reported a deficit of $17K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 73.1% (high leverage).
Financial Trends
Over 4 years of filings (2018–2021), Station 1 Records's revenue has declined at a compound annual growth rate (CAGR) of -26.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -13.9% | +51.0% | -46.6% |
| 2020 | -67.9% | -66.2% | +14.7% |
| 2019 | +42.4% | +8.7% | +2944.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Station 1 Records 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 Station 1 Records 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 73.1%.
Frequently Asked Questions about Station 1 Records
Is Station 1 Records a legitimate charity?
Station 1 Records (EIN: 813071619) is a registered tax-exempt nonprofit based in Iowa. It has 4 years of IRS 990 filings on record. Total revenue: $43K. No red flags identified. Financial health grade: C.
How does Station 1 Records spend its money?
Station 1 Records reported $43K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Station 1 Records tax-deductible?
Station 1 Records is registered as a tax-exempt nonprofit (EIN: 813071619). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Station 1 Records located?
Station 1 Records is headquartered in Des Moines, Iowa and files with the IRS under EIN 813071619. It is classified under NTEE code A20.
How many years of IRS 990 filings does Station 1 Records have?
Station 1 Records has 4 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 $43K in total revenue.
Filing History
IRS 990 filing history for Station 1 Records showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2018–2021), Station 1 Records's revenue has declined by 60.6%, moving from $108K to $43K. Total assets increased by 1766.1% over the same period, from $1K to $22K. Total functional expenses fell by 44.6%, from $108K to $60K. In its most recent filing year (2021), Station 1 Records reported a deficit of $17K, with expenses exceeding revenue. The organization holds $16K in liabilities against $22K in assets (debt-to-asset ratio: 73.1%), resulting in net assets of $6K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $43K | $60K | $22K | $16K | — | — |
| 2020 | $50K | $40K | $42K | $18K | — | View 990 |
| 2019 | $154K | $118K | $36K | $23K | — | View 990 |
| 2018 | $108K | $108K | $1K | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $43K, expenses of $60K, and assets of $22K (revenue -13.9% year-over-year).
- 2020: Revenue of $50K, expenses of $40K, and assets of $42K (revenue -67.9% year-over-year).
- 2019: Revenue of $154K, expenses of $118K, and assets of $36K (revenue +42.4% year-over-year).
- 2018: Revenue of $108K, expenses of $108K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Station 1 Records:
Data Sources and Methodology
This transparency report for Station 1 Records 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.