Sturgis Kiwanis Food Pantry

Is Sturgis Kiwanis Food Pantry Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Sturgis Kiwanis Food Pantry directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Sturgis Kiwanis Food Pantry

Sturgis Kiwanis Food Pantry (EIN: 201368781) is a nonprofit organization based in Sturgis, SD, classified under NTEE code K31. The organization reported total revenue of $79K and total assets of $163K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sturgis Kiwanis Food Pantry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Sturgis Kiwanis Food Pantry is a micro nonprofit that has been operating for 21 years, with 8 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -7.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, Sturgis Kiwanis Food Pantry reported a surplus of $11K with revenue exceeding expenses, holds 19.2 months of operating reserves (strong position).

Financial Trends

Over 8 years of filings (2014–2023), Sturgis Kiwanis Food Pantry's revenue has declined at a compound annual growth rate (CAGR) of -7.9%.

IRS Tax-Exempt Classification

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Sturgis Kiwanis Food Pantry with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

• admin: 5%
• programs: 95%
• fundraising: 0%

According to IRS 990 filings, Sturgis Kiwanis Food Pantry allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

• The organization reported a surplus of $11K, with revenue exceeding expenses.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that executive leadership is likely volunteer-based, which is highly commendable for a nonprofit of its size with annual revenues around $70,000-$80,000.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Sturgis Kiwanis Food Pantry:

• Zero officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds.
• Consistently reports $0 in liabilities, demonstrating strong financial management and stability.
• Healthy and growing asset base, increasing from $53,569 in 2014 to $117,274 in 2023.
• Clear mission (Food Banks & Pantries) with resources directly applied to program services.
• Consistent IRS 990 filing history, indicating good transparency and compliance.

Frequently Asked Questions about Sturgis Kiwanis Food Pantry

Filing History

IRS 990 filing history for Sturgis Kiwanis Food Pantry showing financial trends over 8 years of public records:

Over 8 years of IRS 990 filings (2014–2023), Sturgis Kiwanis Food Pantry's revenue has declined by 52.5%, moving from $177K to $84K. Total assets increased by 118.9% over the same period, from $54K to $117K. Total functional expenses fell by 55.8%, from $166K to $73K. In its most recent filing year (2023), Sturgis Kiwanis Food Pantry reported a surplus of $11K, with revenue exceeding expenses.

Year-by-Year Financial Summary

• 2023: Revenue of $84K, expenses of $73K, and assets of $117K (revenue +16.8% year-over-year).
• 2022: Revenue of $72K, expenses of $95K, and assets of $106K (revenue -17.1% year-over-year).
• 2020: Revenue of $87K, expenses of $51K, and assets of $121K (revenue +51.8% year-over-year).
• 2019: Revenue of $57K, expenses of $50K, and assets of $85K (revenue +10.6% year-over-year).
• 2017: Revenue of $52K, expenses of $51K, and assets of $76K (revenue -9.7% year-over-year).
• 2016: Revenue of $57K, expenses of $44K, and assets of $76K (revenue -7.2% year-over-year).
• 2015: Revenue of $62K, expenses of $53K, and assets of $63K (revenue -65.1% year-over-year).
• 2014: Revenue of $177K, expenses of $166K, and assets of $54K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Sturgis Kiwanis Food Pantry:

Data Sources and Methodology

This transparency report for Sturgis Kiwanis Food Pantry 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.