Sterling Community Association Inc
EIN: 470759415 · Sterling, NE · NTEE: S80
| Metric | Value |
|---|---|
| Total Revenue | $64K |
| Total Expenses | $14K |
| Net Assets | $59K |
Is Sterling Community 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 Sterling Community Association Inc
Sterling Community Association Inc (EIN: 470759415) is a nonprofit organization based in Sterling, NE, classified under NTEE code S80. The organization reported total revenue of $64K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sterling Community Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sterling Community Association Inc is a micro nonprofit that has been operating for 4 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $14K |
| Surplus / Deficit | $-9,830 |
| Total Assets | $59K |
| Net Assets | $59K |
| Operating Margin | -214.9% |
| Months of Reserves | 49.6 months |
Financial Health Grade: B
In 2023, Sterling Community Association Inc reported a deficit of $10K with expenses exceeding revenue, holds 49.6 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), Sterling Community Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -94.0% | -79.0% | -12.7% |
| 2023 | +34.5% | -37.6% | +13.0% |
| 2022 | -34.6% | +32.8% | -24.9% |
| 2021 | +13.1% | +24.1% | +6.4% |
| 2020 | +56.0% | -66.4% | -29.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1250 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sterling Community 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 Sterling Community 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 deficit of $10K, with expenses exceeding revenue.
Frequently Asked Questions about Sterling Community Association Inc
Is Sterling Community Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sterling Community Association Inc (EIN: 470759415) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sterling Community Association Inc spend its money?
Detailed spending breakdown data is not yet available for Sterling Community Association Inc. Check back for updated IRS 990 analysis.
Are donations to Sterling Community Association Inc tax-deductible?
Sterling Community Association Inc is registered as a tax-exempt nonprofit (EIN: 470759415). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sterling Community Association Inc located?
Sterling Community Association Inc is headquartered in Sterling, Nebraska and files with the IRS under EIN 470759415. It is classified under NTEE code S80.
How many years of IRS 990 filings does Sterling Community Association Inc have?
Sterling Community Association Inc has 11 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 $64K in total revenue.
Filing History
IRS 990 filing history for Sterling Community Association Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Sterling Community Association Inc's revenue has declined by 50.7%, moving from $9K to $5K. Total assets decreased by 9% over the same period, from $65K to $59K. Total functional expenses rose by 31.7%, from $11K to $14K. In its most recent filing year (2023), Sterling Community Association Inc reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $14K | $59K | $0 | — | View 990 |
| 2023 | $77K | $69K | $68K | $0 | — | View 990 |
| 2022 | $57K | $110K | $60K | $0 | — | View 990 |
| 2021 | $87K | $83K | $80K | $0 | — | View 990 |
| 2020 | $77K | $67K | $75K | $0 | — | — |
| 2019 | $49K | $199K | $106K | $0 | — | — |
| 2018 | $208K | $20K | $259K | $0 | — | — |
| 2014 | $9K | $8K | $66K | $0 | — | View 990 |
| 2013 | $11K | $11K | $65K | $0 | — | View 990 |
| 2012 | $10K | $11K | $104K | $40K | — | View 990 |
| 2011 | $9K | $11K | $65K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $14K, and assets of $59K (revenue -94.0% year-over-year).
- 2023: Revenue of $77K, expenses of $69K, and assets of $68K (revenue +34.5% year-over-year).
- 2022: Revenue of $57K, expenses of $110K, and assets of $60K (revenue -34.6% year-over-year).
- 2021: Revenue of $87K, expenses of $83K, and assets of $80K (revenue +13.1% year-over-year).
- 2020: Revenue of $77K, expenses of $67K, and assets of $75K (revenue +56.0% year-over-year).
- 2019: Revenue of $49K, expenses of $199K, and assets of $106K (revenue -76.2% year-over-year).
- 2018: Revenue of $208K, expenses of $20K, and assets of $259K (revenue +2188.9% year-over-year).
- 2014: Revenue of $9K, expenses of $8K, and assets of $66K (revenue -19.8% year-over-year).
- 2013: Revenue of $11K, expenses of $11K, and assets of $65K (revenue +9.3% year-over-year).
- 2012: Revenue of $10K, expenses of $11K, and assets of $104K (revenue +11.6% year-over-year).
- 2011: Revenue of $9K, expenses of $11K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sterling Community Association Inc:
Data Sources and Methodology
This transparency report for Sterling Community 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.