Sustainable Resources Center Inc
EIN: 411279468 · Minneapolis, MN · NTEE: C350
| Metric | Value |
|---|---|
| Total Revenue | $14.9M |
| Total Expenses | $11.6M |
| Net Assets | $2.9M |
Is Sustainable Resources Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sustainable Resources Center Inc
Sustainable Resources Center Inc (EIN: 411279468) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code C350. The organization reported total revenue of $14.9M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sustainable Resources Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sustainable Resources Center Inc is a large nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.0M |
| Total Expenses | $11.6M |
| Surplus / Deficit | +$459K |
| Total Assets | $4.9M |
| Total Liabilities | $2.1M |
| Net Assets | $2.9M |
| Operating Margin | 3.8% |
| Debt-to-Asset Ratio | 41.9% |
| Months of Reserves | 5.1 months |
Financial Health Grade: A
In 2023, Sustainable Resources Center Inc reported a surplus of $459K with revenue exceeding expenses, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 41.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sustainable Resources Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.6% | +12.9% | +14.0% |
| 2022 | +12.4% | +14.5% | +29.8% |
| 2021 | +45.8% | +41.0% | +38.6% |
| 2020 | -22.4% | -22.7% | -13.8% |
| 2019 | +3.0% | +3.5% | +32.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sustainable Resources Center 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 Sustainable Resources Center 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 surplus of $459K, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.9%.
Frequently Asked Questions about Sustainable Resources Center Inc
Is Sustainable Resources Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sustainable Resources Center Inc (EIN: 411279468) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sustainable Resources Center Inc spend its money?
Detailed spending breakdown data is not yet available for Sustainable Resources Center Inc. Check back for updated IRS 990 analysis.
Are donations to Sustainable Resources Center Inc tax-deductible?
Sustainable Resources Center Inc is registered as a tax-exempt nonprofit (EIN: 411279468). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sustainable Resources Center Inc located?
Sustainable Resources Center Inc is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 411279468. It is classified under NTEE code C350.
How many years of IRS 990 filings does Sustainable Resources Center Inc have?
Sustainable Resources Center Inc has 13 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 $14.9M in total revenue.
Filing History
IRS 990 filing history for Sustainable Resources Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sustainable Resources Center Inc's revenue has grown by 90%, moving from $6.3M to $12.0M. Total assets increased by 595.2% over the same period, from $709K to $4.9M. Total functional expenses rose by 83.9%, from $6.3M to $11.6M. In its most recent filing year (2023), Sustainable Resources Center Inc reported a surplus of $459K, with revenue exceeding expenses. The organization holds $2.1M in liabilities against $4.9M in assets (debt-to-asset ratio: 41.9%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.0M | $11.6M | $4.9M | $2.1M | — | — |
| 2022 | $10.7M | $10.3M | $4.3M | $1.9M | — | — |
| 2021 | $9.5M | $9.0M | $3.3M | $1.4M | — | View 990 |
| 2020 | $6.5M | $6.4M | $2.4M | $994K | — | — |
| 2019 | $8.4M | $8.2M | $2.8M | $1.6M | — | View 990 |
| 2018 | $8.2M | $7.9M | $2.1M | $1.1M | — | View 990 |
| 2017 | $7.1M | $7.0M | $1.8M | $1.0M | — | — |
| 2016 | $6.3M | $6.2M | $1.6M | $831K | — | View 990 |
| 2015 | $7.1M | $6.8M | $1.2M | $650K | — | View 990 |
| 2014 | $3.9M | $3.9M | $1.3M | $1.0M | — | View 990 |
| 2013 | $3.7M | $3.8M | $689K | $465K | — | View 990 |
| 2012 | $4.0M | $4.0M | $685K | $357K | — | View 990 |
| 2011 | $6.3M | $6.3M | $709K | $391K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.0M, expenses of $11.6M, and assets of $4.9M (revenue +12.6% year-over-year).
- 2022: Revenue of $10.7M, expenses of $10.3M, and assets of $4.3M (revenue +12.4% year-over-year).
- 2021: Revenue of $9.5M, expenses of $9.0M, and assets of $3.3M (revenue +45.8% year-over-year).
- 2020: Revenue of $6.5M, expenses of $6.4M, and assets of $2.4M (revenue -22.4% year-over-year).
- 2019: Revenue of $8.4M, expenses of $8.2M, and assets of $2.8M (revenue +3.0% year-over-year).
- 2018: Revenue of $8.2M, expenses of $7.9M, and assets of $2.1M (revenue +14.7% year-over-year).
- 2017: Revenue of $7.1M, expenses of $7.0M, and assets of $1.8M (revenue +12.1% year-over-year).
- 2016: Revenue of $6.3M, expenses of $6.2M, and assets of $1.6M (revenue -10.4% year-over-year).
- 2015: Revenue of $7.1M, expenses of $6.8M, and assets of $1.2M (revenue +80.9% year-over-year).
- 2014: Revenue of $3.9M, expenses of $3.9M, and assets of $1.3M (revenue +5.1% year-over-year).
- 2013: Revenue of $3.7M, expenses of $3.8M, and assets of $689K (revenue -6.5% year-over-year).
- 2012: Revenue of $4.0M, expenses of $4.0M, and assets of $685K (revenue -37.1% year-over-year).
- 2011: Revenue of $6.3M, expenses of $6.3M, and assets of $709K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sustainable Resources Center Inc:
Data Sources and Methodology
This transparency report for Sustainable Resources Center 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.