Story City Senior Citizens Incorporated
EIN: 421019146 · Story City, IA · NTEE: P81Z
| Metric | Value |
|---|---|
| Total Revenue | $391K |
| Total Expenses | $383K |
| Net Assets | $326K |
Is Story City Senior Citizens Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Story City Senior Citizens Incorporated
Story City Senior Citizens Incorporated (EIN: 421019146) is a nonprofit organization based in Story City, IA, classified under NTEE code P81Z. The organization reported total revenue of $391K and total assets of $383K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Story City Senior Citizens Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Story City Senior Citizens Incorporated is a small nonprofit that has been operating for 52 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $363K |
| Total Expenses | $383K |
| Surplus / Deficit | $-19,252 |
| Total Assets | $342K |
| Total Liabilities | $16K |
| Net Assets | $326K |
| Operating Margin | -5.3% |
| Debt-to-Asset Ratio | 4.7% |
| Months of Reserves | 10.7 months |
Financial Health Grade: B
In 2023, Story City Senior Citizens Incorporated reported a deficit of $19K with expenses exceeding revenue, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Story City Senior Citizens Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.6% | +8.9% | +50.7% |
| 2022 | -1.5% | +7.9% | -2.4% |
| 2021 | -3.9% | -7.8% | +12.1% |
| 2020 | -5.5% | -4.9% | +6.9% |
| 2019 | +12.6% | +9.2% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Story City Senior Citizens Incorporated 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 Story City Senior Citizens Incorporated 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 $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.7%.
Frequently Asked Questions about Story City Senior Citizens Incorporated
Is Story City Senior Citizens Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Story City Senior Citizens Incorporated (EIN: 421019146) insufficient data. 0 red flags identified, 0 strengths noted.
How does Story City Senior Citizens Incorporated spend its money?
Detailed spending breakdown data is not yet available for Story City Senior Citizens Incorporated. Check back for updated IRS 990 analysis.
Are donations to Story City Senior Citizens Incorporated tax-deductible?
Story City Senior Citizens Incorporated is registered as a tax-exempt nonprofit (EIN: 421019146). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Story City Senior Citizens Incorporated located?
Story City Senior Citizens Incorporated is headquartered in Story City, Iowa and files with the IRS under EIN 421019146. It is classified under NTEE code P81Z.
How many years of IRS 990 filings does Story City Senior Citizens Incorporated have?
Story City Senior Citizens Incorporated has 12 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 $391K in total revenue.
Filing History
IRS 990 filing history for Story City Senior Citizens Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Story City Senior Citizens Incorporated's revenue has grown by 40.4%, moving from $259K to $363K. Total assets increased by 220.3% over the same period, from $107K to $342K. Total functional expenses rose by 56.3%, from $245K to $383K. In its most recent filing year (2023), Story City Senior Citizens Incorporated reported a deficit of $19K, with expenses exceeding revenue. The organization holds $16K in liabilities against $342K in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $326K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $363K | $383K | $342K | $16K | — | View 990 |
| 2022 | $347K | $351K | $227K | $18K | — | View 990 |
| 2021 | $353K | $326K | $233K | $16K | — | View 990 |
| 2020 | $367K | $353K | $208K | $22K | — | View 990 |
| 2019 | $388K | $371K | $194K | $22K | — | View 990 |
| 2018 | $345K | $340K | $175K | $20K | — | View 990 |
| 2017 | $349K | $351K | $167K | $18K | — | View 990 |
| 2016 | $337K | $342K | $173K | $22K | — | View 990 |
| 2015 | $344K | $336K | $179K | $22K | — | View 990 |
| 2014 | $356K | $322K | $167K | $18K | — | View 990 |
| 2013 | $303K | $284K | $130K | $14K | — | View 990 |
| 2012 | $259K | $245K | $107K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $363K, expenses of $383K, and assets of $342K (revenue +4.6% year-over-year).
- 2022: Revenue of $347K, expenses of $351K, and assets of $227K (revenue -1.5% year-over-year).
- 2021: Revenue of $353K, expenses of $326K, and assets of $233K (revenue -3.9% year-over-year).
- 2020: Revenue of $367K, expenses of $353K, and assets of $208K (revenue -5.5% year-over-year).
- 2019: Revenue of $388K, expenses of $371K, and assets of $194K (revenue +12.6% year-over-year).
- 2018: Revenue of $345K, expenses of $340K, and assets of $175K (revenue -1.1% year-over-year).
- 2017: Revenue of $349K, expenses of $351K, and assets of $167K (revenue +3.6% year-over-year).
- 2016: Revenue of $337K, expenses of $342K, and assets of $173K (revenue -2.1% year-over-year).
- 2015: Revenue of $344K, expenses of $336K, and assets of $179K (revenue -3.5% year-over-year).
- 2014: Revenue of $356K, expenses of $322K, and assets of $167K (revenue +17.8% year-over-year).
- 2013: Revenue of $303K, expenses of $284K, and assets of $130K (revenue +16.9% year-over-year).
- 2012: Revenue of $259K, expenses of $245K, and assets of $107K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Story City Senior Citizens Incorporated:
Data Sources and Methodology
This transparency report for Story City Senior Citizens Incorporated 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.