Sturgis Falls Celebration Inc
EIN: 421256854 · Cedar Falls, IA · NTEE: S99
| Metric | Value |
|---|---|
| Total Revenue | $277K |
| Total Expenses | $205K |
| Net Assets | $-31,394 |
Is Sturgis Falls Celebration Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sturgis Falls Celebration Inc
Sturgis Falls Celebration Inc (EIN: 421256854) is a nonprofit organization based in Cedar Falls, IA, classified under NTEE code S99. The organization reported total revenue of $277K and total assets of $92K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sturgis Falls Celebration Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sturgis Falls Celebration Inc is a small nonprofit that has been operating for 12 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $193K |
| Total Expenses | $205K |
| Surplus / Deficit | $-11,710 |
| Total Assets | $92K |
| Total Liabilities | $123K |
| Net Assets | $-31,394 |
| Operating Margin | -6.1% |
| Debt-to-Asset Ratio | 134.2% |
| Months of Reserves | 5.4 months |
Financial Health Grade: C
In 2023, Sturgis Falls Celebration Inc reported a deficit of $12K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 134.2% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Sturgis Falls Celebration Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.2% | -22.0% | -2.6% |
| 2022 | +7.6% | +22.8% | -28.6% |
| 2021 | +1112.8% | +278.0% | -0.2% |
| 2020 | -93.0% | -72.6% | +8.9% |
| 2019 | -2.0% | -1.0% | +208.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sturgis Falls Celebration 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 Sturgis Falls Celebration 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 $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 134.2%.
Frequently Asked Questions about Sturgis Falls Celebration Inc
Is Sturgis Falls Celebration Inc a legitimate charity?
Sturgis Falls Celebration Inc (EIN: 421256854) is a registered tax-exempt nonprofit based in Iowa. It has 14 years of IRS 990 filings on record. Total revenue: $277K. No red flags identified. Financial health grade: C.
How does Sturgis Falls Celebration Inc spend its money?
Sturgis Falls Celebration Inc reported $277K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sturgis Falls Celebration Inc tax-deductible?
Sturgis Falls Celebration Inc is registered as a tax-exempt nonprofit (EIN: 421256854). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sturgis Falls Celebration Inc located?
Sturgis Falls Celebration Inc is headquartered in Cedar Falls, Iowa and files with the IRS under EIN 421256854. It is classified under NTEE code S99.
How many years of IRS 990 filings does Sturgis Falls Celebration Inc have?
Sturgis Falls Celebration Inc has 14 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 $277K in total revenue.
Filing History
IRS 990 filing history for Sturgis Falls Celebration Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Sturgis Falls Celebration Inc's revenue has grown by 7.6%, moving from $179K to $193K. Total assets decreased by 21.6% over the same period, from $117K to $92K. Total functional expenses rose by 2.2%, from $200K to $205K. In its most recent filing year (2023), Sturgis Falls Celebration Inc reported a deficit of $12K, with expenses exceeding revenue. The organization holds $123K in liabilities against $92K in assets (debt-to-asset ratio: 134.2%), resulting in net assets of $-31,394.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $193K | $205K | $92K | $123K | — | — |
| 2022 | $242K | $262K | $94K | $114K | — | — |
| 2021 | $225K | $214K | $132K | $131K | — | View 990 |
| 2020 | $19K | $57K | $132K | $142K | — | View 990 |
| 2019 | $266K | $206K | $121K | $93K | — | View 990 |
| 2018 | $271K | $209K | $39K | $71K | — | View 990 |
| 2017 | $267K | $247K | $17K | $111K | — | View 990 |
| 2016 | $221K | $243K | $14K | $128K | — | — |
| 2015 | $234K | $248K | $28K | $120K | — | View 990 |
| 2014 | $158K | $296K | $42K | $120K | — | View 990 |
| 2013 | $257K | $288K | $85K | $26K | — | View 990 |
| 2012 | $269K | $325K | $116K | $26K | — | — |
| 2011 | $210K | $181K | $182K | $36K | — | — |
| 2010 | $179K | $200K | $117K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $193K, expenses of $205K, and assets of $92K (revenue -20.2% year-over-year).
- 2022: Revenue of $242K, expenses of $262K, and assets of $94K (revenue +7.6% year-over-year).
- 2021: Revenue of $225K, expenses of $214K, and assets of $132K (revenue +1112.8% year-over-year).
- 2020: Revenue of $19K, expenses of $57K, and assets of $132K (revenue -93.0% year-over-year).
- 2019: Revenue of $266K, expenses of $206K, and assets of $121K (revenue -2.0% year-over-year).
- 2018: Revenue of $271K, expenses of $209K, and assets of $39K (revenue +1.3% year-over-year).
- 2017: Revenue of $267K, expenses of $247K, and assets of $17K (revenue +20.8% year-over-year).
- 2016: Revenue of $221K, expenses of $243K, and assets of $14K (revenue -5.4% year-over-year).
- 2015: Revenue of $234K, expenses of $248K, and assets of $28K (revenue +47.8% year-over-year).
- 2014: Revenue of $158K, expenses of $296K, and assets of $42K (revenue -38.4% year-over-year).
- 2013: Revenue of $257K, expenses of $288K, and assets of $85K (revenue -4.3% year-over-year).
- 2012: Revenue of $269K, expenses of $325K, and assets of $116K (revenue +27.9% year-over-year).
- 2011: Revenue of $210K, expenses of $181K, and assets of $182K (revenue +17.1% year-over-year).
- 2010: Revenue of $179K, expenses of $200K, and assets of $117K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sturgis Falls Celebration Inc:
Data Sources and Methodology
This transparency report for Sturgis Falls Celebration 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.