Student Work Development Foundation Inc
EIN: 510168187 · Norman, OK
| Metric | Value |
|---|---|
| Total Revenue | $856K |
| Total Expenses | $840K |
| Net Assets | $7.3M |
Is Student Work Development Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Student Work Development Foundation Inc
Student Work Development Foundation Inc (EIN: 510168187) is a nonprofit organization based in Norman, OK. The organization reported total revenue of $856K and total assets of $6.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Student Work Development Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Student Work Development Foundation Inc is a small nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $840K |
| Surplus / Deficit | +$266K |
| Total Assets | $7.3M |
| Net Assets | $7.3M |
| Operating Margin | 24.1% |
| Months of Reserves | 104.6 months |
Financial Health Grade: A
In 2023, Student Work Development Foundation Inc reported a surplus of $266K with revenue exceeding expenses, holds 104.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Student Work Development Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.2% | -29.5% | -9.0% |
| 2022 | +16.4% | +29.4% | -2.9% |
| 2021 | +17.1% | +10.1% | +4.7% |
| 2020 | -8.2% | +20.2% | -4.5% |
| 2019 | +16.0% | +20.5% | +10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Student Work Development Foundation 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 Student Work Development Foundation 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 $266K, with revenue exceeding expenses.
Frequently Asked Questions about Student Work Development Foundation Inc
Is Student Work Development Foundation Inc a legitimate charity?
Student Work Development Foundation Inc (EIN: 510168187) is a registered tax-exempt nonprofit based in Oklahoma. It has 13 years of IRS 990 filings on record. Total revenue: $856K. No red flags identified. Financial health grade: A.
How does Student Work Development Foundation Inc spend its money?
Student Work Development Foundation Inc reported $856K 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 Student Work Development Foundation Inc tax-deductible?
Student Work Development Foundation Inc is registered as a tax-exempt nonprofit (EIN: 510168187). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Student Work Development Foundation Inc located?
Student Work Development Foundation Inc is headquartered in Norman, Oklahoma and files with the IRS under EIN 510168187.
How many years of IRS 990 filings does Student Work Development Foundation Inc have?
Student Work Development Foundation Inc 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 $856K in total revenue.
Filing History
IRS 990 filing history for Student Work Development Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Student Work Development Foundation Inc's revenue has grown by 167.9%, moving from $413K to $1.1M. Total assets increased by 107.5% over the same period, from $3.5M to $7.3M. Total functional expenses rose by 37.8%, from $610K to $840K. In its most recent filing year (2023), Student Work Development Foundation Inc reported a surplus of $266K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $840K | $7.3M | $0 | — | — |
| 2022 | $1.3M | $1.2M | $8.1M | $0 | — | — |
| 2021 | $1.1M | $921K | $8.3M | $0 | — | View 990 |
| 2020 | $925K | $836K | $7.9M | $0 | — | View 990 |
| 2019 | $1.0M | $695K | $8.3M | $0 | — | View 990 |
| 2018 | $869K | $577K | $7.5M | $0 | — | View 990 |
| 2017 | $752K | $632K | $7.4M | $0 | — | View 990 |
| 2016 | $815K | $800K | $6.7M | $0 | — | View 990 |
| 2015 | $722K | $705K | $6.3M | $0 | — | View 990 |
| 2014 | $697K | $588K | $5.6M | $0 | — | View 990 |
| 2013 | $3.5M | $544K | $5.5M | $0 | — | View 990 |
| 2012 | $586K | $574K | $3.3M | $0 | — | View 990 |
| 2011 | $413K | $610K | $3.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $840K, and assets of $7.3M (revenue -12.2% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.2M, and assets of $8.1M (revenue +16.4% year-over-year).
- 2021: Revenue of $1.1M, expenses of $921K, and assets of $8.3M (revenue +17.1% year-over-year).
- 2020: Revenue of $925K, expenses of $836K, and assets of $7.9M (revenue -8.2% year-over-year).
- 2019: Revenue of $1.0M, expenses of $695K, and assets of $8.3M (revenue +16.0% year-over-year).
- 2018: Revenue of $869K, expenses of $577K, and assets of $7.5M (revenue +15.6% year-over-year).
- 2017: Revenue of $752K, expenses of $632K, and assets of $7.4M (revenue -7.8% year-over-year).
- 2016: Revenue of $815K, expenses of $800K, and assets of $6.7M (revenue +12.9% year-over-year).
- 2015: Revenue of $722K, expenses of $705K, and assets of $6.3M (revenue +3.6% year-over-year).
- 2014: Revenue of $697K, expenses of $588K, and assets of $5.6M (revenue -79.9% year-over-year).
- 2013: Revenue of $3.5M, expenses of $544K, and assets of $5.5M (revenue +491.3% year-over-year).
- 2012: Revenue of $586K, expenses of $574K, and assets of $3.3M (revenue +42.0% year-over-year).
- 2011: Revenue of $413K, expenses of $610K, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Student Work Development Foundation Inc:
Data Sources and Methodology
This transparency report for Student Work Development Foundation 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.