Recent operating deficits in 202306 and 202406, where expenses exceeded revenue.
Lack of detailed spending breakdown (program, admin, fundraising) in provided data makes efficiency assessment challenging.
Strengths
Consistent reporting of 0% officer compensation, indicating low overhead in executive salaries.
Strong asset growth, increasing from $196,102 in 202006 to $589,306 in 202406.
Zero reported liabilities in recent filings (201706-201906, 202206-202406), indicating a debt-free status.
Consistent IRS 990 filing history over 14 periods, demonstrating transparency and compliance.
Spending Breakdown
How Downtown Excelsior Partnership Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Downtown Excelsior Partnership Inc
Is Downtown Excelsior Partnership Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Downtown Excelsior Partnership Inc (EIN: 205411987) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Downtown Excelsior Partnership Inc a good charity to donate to?
Downtown Excelsior Partnership Inc has a Mission Score of 85/100. Revenue: $319K. Assets: $596K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Downtown Excelsior Partnership Inc?
The Employer Identification Number (EIN) for Downtown Excelsior Partnership Inc is 205411987. 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 Downtown Excelsior Partnership Inc spend its money?
Downtown Excelsior Partnership Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Downtown Excelsior Partnership Inc's tax-exempt status?
You can verify Downtown Excelsior Partnership Inc's tax-exempt status using EIN 205411987 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
Downtown Excelsior Partnership Inc demonstrates a generally stable financial position with consistent asset growth over the past several years, reaching $589,306 in the 202406 period. While the organization experienced a slight deficit in the most recent two periods (expenses exceeding revenue by $18,366 in 202406 and $21,713 in 202306), this appears to be a recent trend following periods of significant surpluses, such as in 202206 where revenue exceeded expenses by over $227,000. The organization consistently reports zero liabilities in recent filings, indicating strong financial health and minimal debt burden.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing overhead in this area. The NTEE code S30 (Community Development) implies a focus on local impact, which aligns with the organization's name and location.
Transparency is high regarding executive compensation, as no officer compensation is reported. The consistent filing of IRS Form 990s over 14 periods also indicates a commitment to public disclosure. The significant increase in assets from $196,102 in 202006 to $589,306 in 202406, alongside fluctuating revenues, suggests effective asset management or significant non-operating income, which would warrant further investigation for a complete financial picture.