Sylvan Shores Services Co Inc
EIN: 520566837 · Riva, MD
| Metric | Value |
|---|---|
| Total Expenses | $1.1M |
| Net Assets | $443K |
Is Sylvan Shores Services Co Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sylvan Shores Services Co Inc
Sylvan Shores Services Co Inc (EIN: 520566837) is a nonprofit organization based in Riva, MD. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sylvan Shores Services Co Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sylvan Shores Services Co Inc is a mid-size nonprofit that has been operating for 73 years, with 5 years of IRS 990 filings on record (2010–2014). Revenue has grown at a compound annual rate of 32.2%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-61,100 |
| Total Assets | $449K |
| Total Liabilities | $6K |
| Net Assets | $443K |
| Operating Margin | -6.1% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 5.0 months |
Financial Health Grade: B
In 2014, Sylvan Shores Services Co Inc reported a deficit of $61K with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 5 years of filings (2010–2014), Sylvan Shores Services Co Inc's revenue has grown at a compound annual growth rate (CAGR) of 32.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +867.1% | +745.7% | -13.2% |
| 2013 | -63.0% | -54.6% | -1.6% |
| 2012 | -13.7% | -0.3% | +2.6% |
| 2011 | -1.1% | +35.2% | +11.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1953 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sylvan Shores Services Co 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 Sylvan Shores Services Co 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $61K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Sylvan Shores Services Co Inc
Is Sylvan Shores Services Co Inc a legitimate charity?
Sylvan Shores Services Co Inc (EIN: 520566837) is a registered tax-exempt nonprofit based in Maryland. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Sylvan Shores Services Co Inc spend its money?
Sylvan Shores Services Co Inc reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sylvan Shores Services Co Inc tax-deductible?
Sylvan Shores Services Co Inc is registered as a tax-exempt nonprofit (EIN: 520566837). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sylvan Shores Services Co Inc located?
Sylvan Shores Services Co Inc is headquartered in Riva, Maryland and files with the IRS under EIN 520566837.
How many years of IRS 990 filings does Sylvan Shores Services Co Inc have?
Sylvan Shores Services Co Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Sylvan Shores Services Co Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2010–2014), Sylvan Shores Services Co Inc's revenue has grown by 205.2%, moving from $330K to $1.0M. Total assets decreased by 2.1% over the same period, from $458K to $449K. Total functional expenses rose by 417.8%, from $206K to $1.1M. In its most recent filing year (2014), Sylvan Shores Services Co Inc reported a deficit of $61K, with expenses exceeding revenue. The organization holds $6K in liabilities against $449K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $443K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $1.0M | $1.1M | $449K | $6K | — | View 990 |
| 2013 | $104K | $126K | $517K | $13K | — | View 990 |
| 2012 | $282K | $278K | $525K | $0 | — | View 990 |
| 2011 | $326K | $279K | $512K | $0 | — | View 990 |
| 2010 | $330K | $206K | $458K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $1.0M, expenses of $1.1M, and assets of $449K (revenue +867.1% year-over-year).
- 2013: Revenue of $104K, expenses of $126K, and assets of $517K (revenue -63.0% year-over-year).
- 2012: Revenue of $282K, expenses of $278K, and assets of $525K (revenue -13.7% year-over-year).
- 2011: Revenue of $326K, expenses of $279K, and assets of $512K (revenue -1.1% year-over-year).
- 2010: Revenue of $330K, expenses of $206K, and assets of $458K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sylvan Shores Services Co Inc:
Data Sources and Methodology
This transparency report for Sylvan Shores Services Co 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.