Violet Tschetter Memorial Home
EIN: 460275857 · Huron, SD
| Metric | Value |
|---|---|
| Total Revenue | $77K |
| Total Expenses | $43K |
| Net Assets | $-201,594 |
Is Violet Tschetter Memorial Home Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Violet Tschetter Memorial Home
Violet Tschetter Memorial Home (EIN: 460275857) is a nonprofit organization based in Huron, SD. The organization reported total revenue of $77K and total assets of $104K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Violet Tschetter Memorial Home's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Violet Tschetter Memorial Home is a micro nonprofit that has been operating for 57 years, with 9 years of IRS 990 filings on record (2012–2020). Revenue has grown at a compound annual rate of -49.6%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $43K |
| Surplus / Deficit | $-31,184 |
| Total Assets | $104K |
| Total Liabilities | $306K |
| Net Assets | $-201,594 |
| Operating Margin | -268.7% |
| Debt-to-Asset Ratio | 293.1% |
| Months of Reserves | 29.3 months |
Financial Health Grade: C
In 2020, Violet Tschetter Memorial Home reported a deficit of $31K with expenses exceeding revenue, holds 29.3 months of operating reserves (strong position), has a debt-to-asset ratio of 293.1% (high leverage).
Financial Trends
Over 9 years of filings (2012–2020), Violet Tschetter Memorial Home's revenue has declined at a compound annual growth rate (CAGR) of -49.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -99.5% | -98.2% | -62.4% |
| 2019 | -31.1% | -26.4% | -46.4% |
| 2018 | +0.1% | +1.2% | +37.5% |
| 2017 | +6.2% | +4.0% | +2.9% |
| 2016 | -4.7% | -4.0% | -6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Violet Tschetter Memorial Home 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 Violet Tschetter Memorial Home 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 293.1%.
Frequently Asked Questions about Violet Tschetter Memorial Home
Is Violet Tschetter Memorial Home a legitimate charity?
Violet Tschetter Memorial Home (EIN: 460275857) is a registered tax-exempt nonprofit based in South Dakota. It has 9 years of IRS 990 filings on record. Total revenue: $77K. No red flags identified. Financial health grade: C.
How does Violet Tschetter Memorial Home spend its money?
Violet Tschetter Memorial Home reported $77K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Violet Tschetter Memorial Home tax-deductible?
Violet Tschetter Memorial Home is registered as a tax-exempt nonprofit (EIN: 460275857). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Violet Tschetter Memorial Home located?
Violet Tschetter Memorial Home is headquartered in Huron, South Dakota and files with the IRS under EIN 460275857.
How many years of IRS 990 filings does Violet Tschetter Memorial Home have?
Violet Tschetter Memorial Home has 9 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 $77K in total revenue.
Filing History
IRS 990 filing history for Violet Tschetter Memorial Home showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2020), Violet Tschetter Memorial Home's revenue has declined by 99.6%, moving from $2.8M to $12K. Total assets decreased by 81% over the same period, from $549K to $104K. Total functional expenses fell by 98.5%, from $2.9M to $43K. In its most recent filing year (2020), Violet Tschetter Memorial Home reported a deficit of $31K, with expenses exceeding revenue. The organization holds $306K in liabilities against $104K in assets (debt-to-asset ratio: 293.1%), resulting in net assets of $-201,594.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $12K | $43K | $104K | $306K | — | — |
| 2019 | $2.2M | $2.4M | $277K | $448K | — | View 990 |
| 2018 | $3.2M | $3.3M | $517K | $489K | — | View 990 |
| 2017 | $3.2M | $3.2M | $376K | $285K | — | View 990 |
| 2016 | $3.0M | $3.1M | $366K | $249K | — | View 990 |
| 2015 | $3.2M | $3.2M | $390K | $182K | — | View 990 |
| 2014 | $3.3M | $3.2M | $507K | $230K | — | View 990 |
| 2013 | $3.0M | $3.1M | $554K | $388K | — | View 990 |
| 2012 | $2.8M | $2.9M | $549K | $263K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $12K, expenses of $43K, and assets of $104K (revenue -99.5% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.4M, and assets of $277K (revenue -31.1% year-over-year).
- 2018: Revenue of $3.2M, expenses of $3.3M, and assets of $517K (revenue +0.1% year-over-year).
- 2017: Revenue of $3.2M, expenses of $3.2M, and assets of $376K (revenue +6.2% year-over-year).
- 2016: Revenue of $3.0M, expenses of $3.1M, and assets of $366K (revenue -4.7% year-over-year).
- 2015: Revenue of $3.2M, expenses of $3.2M, and assets of $390K (revenue -3.9% year-over-year).
- 2014: Revenue of $3.3M, expenses of $3.2M, and assets of $507K (revenue +11.1% year-over-year).
- 2013: Revenue of $3.0M, expenses of $3.1M, and assets of $554K (revenue +5.9% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.9M, and assets of $549K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Violet Tschetter Memorial Home:
Data Sources and Methodology
This transparency report for Violet Tschetter Memorial Home 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.