Tea Area School District Association
EIN: 500005151 · Tea, SD · NTEE: B122
| Metric | Value |
|---|---|
| Total Revenue | $155K |
| Total Expenses | $155K |
| Net Assets | $134K |
Is Tea Area School District Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tea Area School District Association
Tea Area School District Association (EIN: 500005151) is a nonprofit organization based in Tea, SD, classified under NTEE code B122. The organization reported total revenue of $155K and total assets of $146K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tea Area School District Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tea Area School District Association is a small nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $101K |
| Total Expenses | $155K |
| Surplus / Deficit | $-54,251 |
| Total Assets | $134K |
| Net Assets | $134K |
| Operating Margin | -53.6% |
| Months of Reserves | 10.4 months |
Financial Health Grade: B
In 2023, Tea Area School District Association reported a deficit of $54K with expenses exceeding revenue, holds 10.4 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Tea Area School District Association's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.1% | +127.9% | -28.8% |
| 2022 | +110.3% | -10.2% | +46.8% |
| 2021 | -7.9% | +20.2% | -10.4% |
| 2020 | -33.4% | -49.2% | +2.1% |
| 2019 | -35.4% | +22.4% | -15.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tea Area School District Association 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 Tea Area School District Association 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 deficit of $54K, with expenses exceeding revenue.
Frequently Asked Questions about Tea Area School District Association
Is Tea Area School District Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Tea Area School District Association (EIN: 500005151) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tea Area School District Association spend its money?
Detailed spending breakdown data is not yet available for Tea Area School District Association. Check back for updated IRS 990 analysis.
Are donations to Tea Area School District Association tax-deductible?
Tea Area School District Association is registered as a tax-exempt nonprofit (EIN: 500005151). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tea Area School District Association located?
Tea Area School District Association is headquartered in Tea, South Dakota and files with the IRS under EIN 500005151. It is classified under NTEE code B122.
How many years of IRS 990 filings does Tea Area School District Association have?
Tea Area School District Association has 14 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 $155K in total revenue.
Filing History
IRS 990 filing history for Tea Area School District Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Tea Area School District Association's revenue has grown by 28.9%, moving from $79K to $101K. Total assets increased by 38.9% over the same period, from $97K to $134K. Total functional expenses rose by 273.5%, from $42K to $155K. In its most recent filing year (2023), Tea Area School District Association reported a deficit of $54K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $101K | $155K | $134K | $0 | — | — |
| 2022 | $128K | $68K | $189K | $0 | — | View 990 |
| 2021 | $61K | $76K | $128K | $0 | — | View 990 |
| 2020 | $66K | $63K | $143K | $0 | — | — |
| 2019 | $99K | $124K | $140K | $0 | — | View 990 |
| 2018 | $154K | $102K | $165K | $0 | — | View 990 |
| 2017 | $112K | $104K | $113K | $0 | — | View 990 |
| 2016 | $106K | $112K | $105K | $0 | — | View 990 |
| 2015 | $107K | $99K | $112K | $0 | — | View 990 |
| 2014 | $62K | $66K | $104K | $0 | — | View 990 |
| 2013 | $78K | $57K | $108K | $0 | — | View 990 |
| 2012 | $47K | $42K | $87K | $0 | — | View 990 |
| 2011 | $33K | $48K | $81K | $0 | — | View 990 |
| 2010 | $79K | $42K | $97K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $101K, expenses of $155K, and assets of $134K (revenue -21.1% year-over-year).
- 2022: Revenue of $128K, expenses of $68K, and assets of $189K (revenue +110.3% year-over-year).
- 2021: Revenue of $61K, expenses of $76K, and assets of $128K (revenue -7.9% year-over-year).
- 2020: Revenue of $66K, expenses of $63K, and assets of $143K (revenue -33.4% year-over-year).
- 2019: Revenue of $99K, expenses of $124K, and assets of $140K (revenue -35.4% year-over-year).
- 2018: Revenue of $154K, expenses of $102K, and assets of $165K (revenue +37.6% year-over-year).
- 2017: Revenue of $112K, expenses of $104K, and assets of $113K (revenue +5.8% year-over-year).
- 2016: Revenue of $106K, expenses of $112K, and assets of $105K (revenue -1.5% year-over-year).
- 2015: Revenue of $107K, expenses of $99K, and assets of $112K (revenue +73.0% year-over-year).
- 2014: Revenue of $62K, expenses of $66K, and assets of $104K (revenue -20.6% year-over-year).
- 2013: Revenue of $78K, expenses of $57K, and assets of $108K (revenue +66.1% year-over-year).
- 2012: Revenue of $47K, expenses of $42K, and assets of $87K (revenue +41.8% year-over-year).
- 2011: Revenue of $33K, expenses of $48K, and assets of $81K (revenue -57.8% year-over-year).
- 2010: Revenue of $79K, expenses of $42K, and assets of $97K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tea Area School District Association:
Data Sources and Methodology
This transparency report for Tea Area School District Association 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.