Success Unlimited Inc
EIN: 450422550 · Grand Forks, ND · NTEE: J20Z
| Metric | Value |
|---|---|
| Total Revenue | $626K |
| Total Expenses | $531K |
| Net Assets | $115K |
Is Success Unlimited Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Success Unlimited Inc
Success Unlimited Inc (EIN: 450422550) is a nonprofit organization based in Grand Forks, ND, classified under NTEE code J20Z. The organization reported total revenue of $626K and total assets of $195K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Success Unlimited Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Success Unlimited Inc is a small nonprofit that has been operating for 30 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $588K |
| Total Expenses | $531K |
| Surplus / Deficit | +$57K |
| Total Assets | $135K |
| Total Liabilities | $19K |
| Net Assets | $115K |
| Operating Margin | 9.6% |
| Debt-to-Asset Ratio | 14.4% |
| Months of Reserves | 3.0 months |
Financial Health Grade: A
In 2024, Success Unlimited Inc reported a surplus of $57K with revenue exceeding expenses, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 14.4% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Success Unlimited Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +28.7% | +9.0% | +80.5% |
| 2023 | -7.9% | -16.6% | -27.7% |
| 2022 | -4.4% | +9.1% | -46.7% |
| 2021 | +4.3% | -0.3% | -8.8% |
| 2020 | -7.7% | +4.6% | -15.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Success Unlimited 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 Success Unlimited 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.4%.
Frequently Asked Questions about Success Unlimited Inc
Is Success Unlimited Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Success Unlimited Inc (EIN: 450422550) insufficient data. 0 red flags identified, 0 strengths noted.
How does Success Unlimited Inc spend its money?
Detailed spending breakdown data is not yet available for Success Unlimited Inc. Check back for updated IRS 990 analysis.
Are donations to Success Unlimited Inc tax-deductible?
Success Unlimited Inc is registered as a tax-exempt nonprofit (EIN: 450422550). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Success Unlimited Inc located?
Success Unlimited Inc is headquartered in Grand Forks, North Dakota and files with the IRS under EIN 450422550. It is classified under NTEE code J20Z.
How many years of IRS 990 filings does Success Unlimited Inc have?
Success Unlimited 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 $626K in total revenue.
Filing History
IRS 990 filing history for Success Unlimited Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Success Unlimited Inc's revenue has grown by 35.1%, moving from $435K to $588K. Total assets decreased by 4.3% over the same period, from $141K to $135K. Total functional expenses rose by 23.7%, from $429K to $531K. In its most recent filing year (2024), Success Unlimited Inc reported a surplus of $57K, with revenue exceeding expenses. The organization holds $19K in liabilities against $135K in assets (debt-to-asset ratio: 14.4%), resulting in net assets of $115K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $588K | $531K | $135K | $19K | — | — |
| 2023 | $457K | $487K | $75K | $16K | — | View 990 |
| 2022 | $496K | $585K | $103K | $14K | — | View 990 |
| 2021 | $519K | $536K | $194K | $16K | — | View 990 |
| 2020 | $497K | $538K | $212K | $18K | — | View 990 |
| 2019 | $539K | $514K | $251K | $19K | — | View 990 |
| 2018 | $554K | $543K | $235K | $28K | — | View 990 |
| 2017 | $524K | $503K | $226K | $31K | — | View 990 |
| 2016 | $499K | $474K | $215K | $40K | — | View 990 |
| 2015 | $462K | $442K | $200K | $49K | — | View 990 |
| 2014 | $468K | $450K | $195K | $65K | — | View 990 |
| 2013 | $450K | $425K | $161K | $51K | — | View 990 |
| 2012 | $425K | $415K | $138K | $53K | — | View 990 |
| 2011 | $435K | $429K | $141K | $66K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $588K, expenses of $531K, and assets of $135K (revenue +28.7% year-over-year).
- 2023: Revenue of $457K, expenses of $487K, and assets of $75K (revenue -7.9% year-over-year).
- 2022: Revenue of $496K, expenses of $585K, and assets of $103K (revenue -4.4% year-over-year).
- 2021: Revenue of $519K, expenses of $536K, and assets of $194K (revenue +4.3% year-over-year).
- 2020: Revenue of $497K, expenses of $538K, and assets of $212K (revenue -7.7% year-over-year).
- 2019: Revenue of $539K, expenses of $514K, and assets of $251K (revenue -2.8% year-over-year).
- 2018: Revenue of $554K, expenses of $543K, and assets of $235K (revenue +5.8% year-over-year).
- 2017: Revenue of $524K, expenses of $503K, and assets of $226K (revenue +5.0% year-over-year).
- 2016: Revenue of $499K, expenses of $474K, and assets of $215K (revenue +8.0% year-over-year).
- 2015: Revenue of $462K, expenses of $442K, and assets of $200K (revenue -1.3% year-over-year).
- 2014: Revenue of $468K, expenses of $450K, and assets of $195K (revenue +4.0% year-over-year).
- 2013: Revenue of $450K, expenses of $425K, and assets of $161K (revenue +5.9% year-over-year).
- 2012: Revenue of $425K, expenses of $415K, and assets of $138K (revenue -2.3% year-over-year).
- 2011: Revenue of $435K, expenses of $429K, and assets of $141K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Success Unlimited Inc:
Data Sources and Methodology
This transparency report for Success Unlimited 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.