Tracys Sanctuary House
EIN: 562475987 · Bismarck, ND · NTEE: E86
| Metric | Value |
|---|---|
| Total Revenue | $181K |
| Total Expenses | $136K |
| Net Assets | $213K |
Is Tracys Sanctuary House Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tracys Sanctuary House
Tracys Sanctuary House (EIN: 562475987) is a nonprofit organization based in Bismarck, ND, classified under NTEE code E86. The organization reported total revenue of $181K and total assets of $298K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tracys Sanctuary House's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tracys Sanctuary House is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $157K |
| Total Expenses | $136K |
| Surplus / Deficit | +$21K |
| Total Assets | $244K |
| Total Liabilities | $31K |
| Net Assets | $213K |
| Operating Margin | 13.2% |
| Debt-to-Asset Ratio | 12.5% |
| Months of Reserves | 21.5 months |
Financial Health Grade: A
In 2023, Tracys Sanctuary House reported a surplus of $21K with revenue exceeding expenses, holds 21.5 months of operating reserves (strong position), has a debt-to-asset ratio of 12.5% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Tracys Sanctuary House's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.8% | +14.7% | +6.8% |
| 2022 | -2.6% | +0.6% | +3.7% |
| 2021 | +34.4% | +8.9% | +0.0% |
| 2020 | -8.7% | -6.2% | +0.2% |
| 2019 | -13.1% | +1.9% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tracys Sanctuary House 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 Tracys Sanctuary House 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 $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.5%.
Frequently Asked Questions about Tracys Sanctuary House
Is Tracys Sanctuary House a legitimate charity?
Tracys Sanctuary House (EIN: 562475987) is a registered tax-exempt nonprofit based in North Dakota. It has 10 years of IRS 990 filings on record. Total revenue: $181K. No red flags identified. Financial health grade: A.
How does Tracys Sanctuary House spend its money?
Tracys Sanctuary House reported $181K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tracys Sanctuary House tax-deductible?
Tracys Sanctuary House is registered as a tax-exempt nonprofit (EIN: 562475987). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tracys Sanctuary House located?
Tracys Sanctuary House is headquartered in Bismarck, North Dakota and files with the IRS under EIN 562475987. It is classified under NTEE code E86.
How many years of IRS 990 filings does Tracys Sanctuary House have?
Tracys Sanctuary House has 10 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 $181K in total revenue.
Filing History
IRS 990 filing history for Tracys Sanctuary House showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Tracys Sanctuary House's revenue has grown by 448.1%, moving from $29K to $157K. Total assets increased by 32.5% over the same period, from $184K to $244K. Total functional expenses rose by 307%, from $33K to $136K. In its most recent filing year (2023), Tracys Sanctuary House reported a surplus of $21K, with revenue exceeding expenses. The organization holds $31K in liabilities against $244K in assets (debt-to-asset ratio: 12.5%), resulting in net assets of $213K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $157K | $136K | $244K | $31K | — | — |
| 2022 | $131K | $119K | $228K | $36K | — | View 990 |
| 2021 | $134K | $118K | $220K | $40K | — | — |
| 2020 | $100K | $108K | $220K | $56K | — | View 990 |
| 2019 | $110K | $115K | $220K | $48K | — | View 990 |
| 2018 | $126K | $113K | $230K | $52K | — | View 990 |
| 2017 | $94K | $98K | $222K | $57K | — | — |
| 2016 | $94K | $68K | $240K | $63K | — | View 990 |
| 2012 | $51K | $33K | $200K | $80K | — | View 990 |
| 2011 | $29K | $33K | $184K | $81K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $157K, expenses of $136K, and assets of $244K (revenue +19.8% year-over-year).
- 2022: Revenue of $131K, expenses of $119K, and assets of $228K (revenue -2.6% year-over-year).
- 2021: Revenue of $134K, expenses of $118K, and assets of $220K (revenue +34.4% year-over-year).
- 2020: Revenue of $100K, expenses of $108K, and assets of $220K (revenue -8.7% year-over-year).
- 2019: Revenue of $110K, expenses of $115K, and assets of $220K (revenue -13.1% year-over-year).
- 2018: Revenue of $126K, expenses of $113K, and assets of $230K (revenue +33.4% year-over-year).
- 2017: Revenue of $94K, expenses of $98K, and assets of $222K (revenue +0.3% year-over-year).
- 2016: Revenue of $94K, expenses of $68K, and assets of $240K (revenue +82.9% year-over-year).
- 2012: Revenue of $51K, expenses of $33K, and assets of $200K (revenue +80.0% year-over-year).
- 2011: Revenue of $29K, expenses of $33K, and assets of $184K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tracys Sanctuary House:
Data Sources and Methodology
This transparency report for Tracys Sanctuary House 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.