Quick charity verification for Historic Downtown Liberty Inc (EIN: 204020297)
Verdict: Historic Downtown Liberty Inc appears trustworthy
90/100Mission Score
$353KRevenue
$105KAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in 2023 ($377,426 vs. $362,891), indicating a slight operating deficit for that period.
Strengths
Consistent revenue growth over the past decade, from $111,284 in 2014 to $362,891 in 2023.
Significant asset growth, from $12,143 in 2014 to $168,733 in 2023, indicating strong financial accumulation.
0% officer compensation reported across all filings, demonstrating a high commitment to mission-focused spending.
Healthy asset-to-liability ratio, with assets significantly exceeding liabilities (e.g., $168,733 assets vs. $58,764 liabilities in 2023).
Spending Breakdown
How Historic Downtown Liberty 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 Historic Downtown Liberty Inc
Is Historic Downtown Liberty Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Historic Downtown Liberty Inc (EIN: 204020297) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Historic Downtown Liberty Inc a good charity to donate to?
Historic Downtown Liberty Inc has a Mission Score of 90/100. Revenue: $353K. Assets: $105K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Historic Downtown Liberty Inc?
The Employer Identification Number (EIN) for Historic Downtown Liberty Inc is 204020297. 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 Historic Downtown Liberty Inc spend its money?
Historic Downtown Liberty Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Historic Downtown Liberty Inc's tax-exempt status?
You can verify Historic Downtown Liberty Inc's tax-exempt status using EIN 204020297 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
Historic Downtown Liberty Inc. demonstrates a generally stable financial position with consistent revenue growth over the past decade, peaking at $362,891 in 2023. The organization's assets have also shown significant growth, from $12,143 in 2014 to $168,733 in 2023, indicating a healthy accumulation of resources. While expenses have occasionally exceeded revenue, such as in 2023 ($377,426 expenses vs. $362,891 revenue), these deficits appear manageable and do not suggest long-term financial instability. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and public trust.
The organization's spending efficiency appears sound, especially given the absence of executive compensation, which often consumes a significant portion of a nonprofit's budget. The growth in assets relative to liabilities (e.g., $168,733 assets vs. $58,764 liabilities in 2023) suggests prudent financial management and a solid balance sheet. The NTEE code A80 (Historical Societies & Historic Preservation) aligns with its mission, and the financial data supports its operational capacity to pursue this mission effectively within the Liberty, MO community.
Overall, Historic Downtown Liberty Inc. exhibits good financial health, efficient resource allocation, and a high degree of transparency, particularly concerning compensation practices. Its consistent growth in revenue and assets, coupled with minimal liabilities and no reported officer compensation, paints a picture of a well-managed and mission-focused organization.