Summerwinds Stables Inc
EIN: 510407643 · Hartly, DE · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $52K |
| Total Expenses | $21K |
| Net Assets | $298K |
Is Summerwinds Stables Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Summerwinds Stables Inc
Summerwinds Stables Inc (EIN: 510407643) is a nonprofit organization based in Hartly, DE, classified under NTEE code D20. The organization reported total revenue of $52K and total assets of $298K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Summerwinds Stables Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Summerwinds Stables Inc is a micro nonprofit that has been operating for 2 years, with 8 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $52K |
| Total Expenses | $21K |
| Surplus / Deficit | +$31K |
| Total Assets | $298K |
| Net Assets | $298K |
| Operating Margin | 59.4% |
| Months of Reserves | 170.7 months |
Financial Health Grade: A
In 2019, Summerwinds Stables Inc reported a surplus of $31K with revenue exceeding expenses, holds 170.7 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2011–2019), Summerwinds Stables Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -10.7% | -64.4% | +11.9% |
| 2017 | +282.7% | +68.9% | -0.4% |
| 2016 | -75.6% | -36.6% | -6.9% |
| 2015 | -38.4% | -33.8% | +2.5% |
| 2014 | -34.9% | -27.1% | +6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Summerwinds Stables 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 Summerwinds Stables 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $31K, with revenue exceeding expenses.
Frequently Asked Questions about Summerwinds Stables Inc
Is Summerwinds Stables Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Summerwinds Stables Inc (EIN: 510407643) insufficient data. 0 red flags identified, 0 strengths noted.
How does Summerwinds Stables Inc spend its money?
Detailed spending breakdown data is not yet available for Summerwinds Stables Inc. Check back for updated IRS 990 analysis.
Are donations to Summerwinds Stables Inc tax-deductible?
Summerwinds Stables Inc is registered as a tax-exempt nonprofit (EIN: 510407643). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Summerwinds Stables Inc located?
Summerwinds Stables Inc is headquartered in Hartly, Delaware and files with the IRS under EIN 510407643. It is classified under NTEE code D20.
How many years of IRS 990 filings does Summerwinds Stables Inc have?
Summerwinds Stables Inc has 8 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 $52K in total revenue.
Filing History
IRS 990 filing history for Summerwinds Stables Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2019), Summerwinds Stables Inc's revenue has grown by 10.4%, moving from $47K to $52K. Total assets increased by 225.7% over the same period, from $92K to $298K. Total functional expenses fell by 74.6%, from $83K to $21K. In its most recent filing year (2019), Summerwinds Stables Inc reported a surplus of $31K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $52K | $21K | $298K | $0 | — | View 990 |
| 2017 | $58K | $59K | $267K | $0 | — | View 990 |
| 2016 | $15K | $35K | $268K | $0 | — | View 990 |
| 2015 | $62K | $55K | $287K | $0 | — | View 990 |
| 2014 | $101K | $83K | $280K | $0 | — | View 990 |
| 2013 | $154K | $114K | $263K | $0 | — | View 990 |
| 2012 | $176K | $45K | $222K | $0 | — | View 990 |
| 2011 | $47K | $83K | $92K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $52K, expenses of $21K, and assets of $298K (revenue -10.7% year-over-year).
- 2017: Revenue of $58K, expenses of $59K, and assets of $267K (revenue +282.7% year-over-year).
- 2016: Revenue of $15K, expenses of $35K, and assets of $268K (revenue -75.6% year-over-year).
- 2015: Revenue of $62K, expenses of $55K, and assets of $287K (revenue -38.4% year-over-year).
- 2014: Revenue of $101K, expenses of $83K, and assets of $280K (revenue -34.9% year-over-year).
- 2013: Revenue of $154K, expenses of $114K, and assets of $263K (revenue -12.3% year-over-year).
- 2012: Revenue of $176K, expenses of $45K, and assets of $222K (revenue +276.8% year-over-year).
- 2011: Revenue of $47K, expenses of $83K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Summerwinds Stables Inc:
Data Sources and Methodology
This transparency report for Summerwinds Stables 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.