Strong revenue growth in 2021 ($323,355) compared to previous years.
Consistent reporting of 0% officer compensation, indicating high efficiency and dedication of funds to mission.
Healthy asset-to-liability ratio ($183,774 assets vs. $12,032 liabilities in 2021).
Positive net income in the latest filing (Revenue $323,355 - Expenses $264,200 = $59,155 surplus).
Spending Breakdown
How Discover Downtown Middlesboro Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Discover Downtown Middlesboro Inc
Is Discover Downtown Middlesboro Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Discover Downtown Middlesboro Inc (EIN: 113793431) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Discover Downtown Middlesboro Inc a good charity to donate to?
Discover Downtown Middlesboro Inc has a Mission Score of 85/100. Revenue: $323K. Assets: $184K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Discover Downtown Middlesboro Inc?
The Employer Identification Number (EIN) for Discover Downtown Middlesboro Inc is 113793431. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Discover Downtown Middlesboro Inc spend its money?
Discover Downtown Middlesboro Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Discover Downtown Middlesboro Inc's tax-exempt status?
You can verify Discover Downtown Middlesboro Inc's tax-exempt status using EIN 113793431 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Discover Downtown Middlesboro Inc demonstrates a generally healthy financial position, particularly in its most recent filing. In 2021, the organization reported revenue of $323,355 against expenses of $264,200, indicating a surplus for the year. This is a significant improvement from 2020, which saw expenses exceed revenue. The organization's assets have fluctuated but remain substantial at $183,774 in 2021, with relatively low liabilities of $12,032, suggesting good financial stability. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing funds towards its mission rather than executive salaries, which is a strong positive for spending efficiency and transparency. While specific program spending details are not provided in the summary data, the overall financial health and lack of executive compensation are positive indicators.