Sully Historical Society
EIN: 862494434 · Agar, SD · NTEE: A82
| Metric | Value |
|---|---|
| Total Revenue | $20K |
| Total Expenses | $25K |
| Net Assets | $140K |
Is Sully Historical Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sully Historical Society
Sully Historical Society (EIN: 862494434) is a nonprofit organization based in Agar, SD, classified under NTEE code A82. The organization reported total revenue of $20K and total assets of $108K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sully Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sully Historical Society is a micro nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -55.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $96K |
| Total Expenses | $25K |
| Surplus / Deficit | +$71K |
| Total Assets | $140K |
| Net Assets | $140K |
| Operating Margin | 74.3% |
| Months of Reserves | 68.0 months |
Financial Health Grade: A
In 2023, Sully Historical Society reported a surplus of $71K with revenue exceeding expenses, holds 68.0 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Sully Historical Society's revenue has declined at a compound annual growth rate (CAGR) of -55.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +98.3% | -92.5% | +104.1% |
| 2022 | -90.1% | +136.2% | -80.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sully Historical Society 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 Sully Historical Society 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 $71K, with revenue exceeding expenses.
Frequently Asked Questions about Sully Historical Society
Is Sully Historical Society a legitimate charity?
Sully Historical Society (EIN: 862494434) is a registered tax-exempt nonprofit based in South Dakota. It has 3 years of IRS 990 filings on record. Total revenue: $20K. No red flags identified. Financial health grade: A.
How does Sully Historical Society spend its money?
Sully Historical Society reported $20K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sully Historical Society tax-deductible?
Sully Historical Society is registered as a tax-exempt nonprofit (EIN: 862494434). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sully Historical Society located?
Sully Historical Society is headquartered in Agar, South Dakota and files with the IRS under EIN 862494434. It is classified under NTEE code A82.
How many years of IRS 990 filings does Sully Historical Society have?
Sully Historical Society has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $20K in total revenue.
Filing History
IRS 990 filing history for Sully Historical Society showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Sully Historical Society's revenue has declined by 80.3%, moving from $488K to $96K. Total assets decreased by 59.9% over the same period, from $349K to $140K. Total functional expenses fell by 82.2%, from $139K to $25K. In its most recent filing year (2023), Sully Historical Society reported a surplus of $71K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $96K | $25K | $140K | $0 | — | — |
| 2022 | $48K | $328K | $69K | $0 | — | View 990 |
| 2021 | $488K | $139K | $349K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $96K, expenses of $25K, and assets of $140K (revenue +98.3% year-over-year).
- 2022: Revenue of $48K, expenses of $328K, and assets of $69K (revenue -90.1% year-over-year).
- 2021: Revenue of $488K, expenses of $139K, and assets of $349K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sully Historical Society:
Data Sources and Methodology
This transparency report for Sully Historical Society 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.