Swan Vocational Enterprises
EIN: 844879278 · White Swan, WA · NTEE: J22
| Metric | Value |
|---|---|
| Total Revenue | $984K |
| Total Expenses | $677K |
| Net Assets | $550K |
Is Swan Vocational Enterprises Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Swan Vocational Enterprises
Swan Vocational Enterprises (EIN: 844879278) is a nonprofit organization based in White Swan, WA, classified under NTEE code J22. The organization reported total revenue of $984K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Swan Vocational Enterprises's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Swan Vocational Enterprises is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 56.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $836K |
| Total Expenses | $677K |
| Surplus / Deficit | +$159K |
| Total Assets | $825K |
| Total Liabilities | $275K |
| Net Assets | $550K |
| Operating Margin | 19.1% |
| Debt-to-Asset Ratio | 33.3% |
| Months of Reserves | 14.6 months |
Financial Health Grade: A
In 2023, Swan Vocational Enterprises reported a surplus of $159K with revenue exceeding expenses, holds 14.6 months of operating reserves (strong position), has a debt-to-asset ratio of 33.3% (moderate leverage).
Financial Trends
Over 4 years of filings (2020–2023), Swan Vocational Enterprises's revenue has grown at a compound annual growth rate (CAGR) of 56.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.1% | +31.2% | +23.4% |
| 2022 | +36.0% | +13.7% | +160.5% |
| 2021 | +121.6% | +152.8% | +20.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Swan Vocational Enterprises 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 Swan Vocational Enterprises 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 $159K, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.3%.
Frequently Asked Questions about Swan Vocational Enterprises
Is Swan Vocational Enterprises a legitimate charity?
Swan Vocational Enterprises (EIN: 844879278) is a registered tax-exempt nonprofit based in Washington. It has 4 years of IRS 990 filings on record. Total revenue: $984K. No red flags identified. Financial health grade: A.
How does Swan Vocational Enterprises spend its money?
Swan Vocational Enterprises reported $984K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Swan Vocational Enterprises tax-deductible?
Swan Vocational Enterprises is registered as a tax-exempt nonprofit (EIN: 844879278). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Swan Vocational Enterprises located?
Swan Vocational Enterprises is headquartered in White Swan, Washington and files with the IRS under EIN 844879278. It is classified under NTEE code J22.
How many years of IRS 990 filings does Swan Vocational Enterprises have?
Swan Vocational Enterprises has 4 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 $984K in total revenue.
Filing History
IRS 990 filing history for Swan Vocational Enterprises showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Swan Vocational Enterprises's revenue has grown by 285.9%, moving from $217K to $836K. Total assets increased by 286.5% over the same period, from $213K to $825K. Total functional expenses rose by 277.2%, from $179K to $677K. In its most recent filing year (2023), Swan Vocational Enterprises reported a surplus of $159K, with revenue exceeding expenses. The organization holds $275K in liabilities against $825K in assets (debt-to-asset ratio: 33.3%), resulting in net assets of $550K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $836K | $677K | $825K | $275K | — | — |
| 2022 | $653K | $516K | $669K | $278K | — | View 990 |
| 2021 | $480K | $454K | $257K | $3K | — | View 990 |
| 2020 | $217K | $179K | $213K | $3K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $836K, expenses of $677K, and assets of $825K (revenue +28.1% year-over-year).
- 2022: Revenue of $653K, expenses of $516K, and assets of $669K (revenue +36.0% year-over-year).
- 2021: Revenue of $480K, expenses of $454K, and assets of $257K (revenue +121.6% year-over-year).
- 2020: Revenue of $217K, expenses of $179K, and assets of $213K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Swan Vocational Enterprises:
Data Sources and Methodology
This transparency report for Swan Vocational Enterprises 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.