Steel Keg Association Inc
EIN: 874284246 · Denver, CO · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $245K |
| Total Expenses | $416K |
| Net Assets | $178K |
Is Steel Keg Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Steel Keg Association Inc
Steel Keg Association Inc (EIN: 874284246) is a nonprofit organization based in Denver, CO, classified under NTEE code S40. The organization reported total revenue of $245K and total assets of $183K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Steel Keg Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Steel Keg Association Inc is a small 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 0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $490K |
| Total Expenses | $416K |
| Surplus / Deficit | +$74K |
| Total Assets | $203K |
| Total Liabilities | $25K |
| Net Assets | $178K |
| Operating Margin | 15.2% |
| Debt-to-Asset Ratio | 12.2% |
| Months of Reserves | 5.9 months |
Financial Health Grade: A
In 2023, Steel Keg Association Inc reported a surplus of $74K with revenue exceeding expenses, holds 5.9 months of operating reserves (adequate), has a debt-to-asset ratio of 12.2% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Steel Keg Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +7.6% | -7.3% |
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 Steel Keg Association 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 Steel Keg Association 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 $74K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.2%.
Frequently Asked Questions about Steel Keg Association Inc
Is Steel Keg Association Inc a legitimate charity?
Steel Keg Association Inc (EIN: 874284246) is a registered tax-exempt nonprofit based in Colorado. It has 2 years of IRS 990 filings on record. Total revenue: $245K. No red flags identified. Financial health grade: A.
How does Steel Keg Association Inc spend its money?
Steel Keg Association Inc reported $245K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Steel Keg Association Inc tax-deductible?
Steel Keg Association Inc is registered as a tax-exempt nonprofit (EIN: 874284246). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Steel Keg Association Inc located?
Steel Keg Association Inc is headquartered in Denver, Colorado and files with the IRS under EIN 874284246. It is classified under NTEE code S40.
How many years of IRS 990 filings does Steel Keg Association Inc have?
Steel Keg Association 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 $245K in total revenue.
Filing History
IRS 990 filing history for Steel Keg Association Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Steel Keg Association Inc's revenue has grown by 0%, moving from $490K to $490K. Total assets decreased by 7.3% over the same period, from $219K to $203K. Total functional expenses rose by 7.6%, from $386K to $416K. In its most recent filing year (2023), Steel Keg Association Inc reported a surplus of $74K, with revenue exceeding expenses. The organization holds $25K in liabilities against $203K in assets (debt-to-asset ratio: 12.2%), resulting in net assets of $178K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $490K | $416K | $203K | $25K | — | View 990 |
| 2022 | $490K | $386K | $219K | $115K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Steel Keg Association Inc:
Data Sources and Methodology
This transparency report for Steel Keg Association 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.