Spenser's Underground Inc

Nonprofit profile at a glance

EIN: 272463559
IRS 990-EZ coverage: 2010–2020
Forms available: Form 990-EZ 2020, Form 990-N 2013
Location: Spirit Lake, IA, USA
Phone: 7123311733
Rating: 37
Verdict: REVIEW
Rating confidence: Moderate
Sector: Youth Centers, Clubs

Reported finances

Revenue: $26,914
Expenses: $22,703
Assets: $170,469
Liabilities: $96,201

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

2 people listed

People named in this filing

Sandy Baskerville (Director)
Steven Baskerville (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Spenser's Underground is a teen ministry and outreach, dedicated to helping youth.

What it reported doing in 2020

Spring Banquet Expense

Operating model

Revenue model: Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model: Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 1
Transparency & Controls: 82
Sustainability: 63
Growth: 20

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 1.1%; rating input score 1
Program expense ratio: 1.4%; rating input score 1

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: 15.6%; rating input score 65; 65th percentile among comparable filings
Total-asset coverage ratio: 7.51; rating input score 85; 85th percentile among comparable filings
Liabilities to assets ratio: 0.56; rating input score 10; 10th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: -5.9% per year; rating input score 0; 45th percentile among comparable filings
Revenue growth: -0.4% per year; rating input score 0; 64th percentile among comparable filings
Asset growth: 26.6% per year; rating input score 100; 89th percentile among comparable filings

Details

Where the money goes: 1.1% of revenue deployed · 1.4% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $308 in reported program spending
Leadership: top reported pay $0 · 2 people listed
Consistency: 8 of 8 current checks pass
Schedules: 2 filed schedules
Filing history: 8 filing years from 2010 to 2020
Contacts: How to reach this organization
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

High — Financial Efficiency: Mission deployment rate scored 1/100.
High — Financial Efficiency: Program expense ratio scored 1/100.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Liabilities to assets ratio scored 10/100.
Review — Sustainability: Officer compensation ratio scored 56/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.