Is Historic Downtown Millersburg Inc Legit?

Quick charity verification for Historic Downtown Millersburg Inc (EIN: 203497009)

Verdict: Historic Downtown Millersburg Inc appears trustworthy

88/100Mission Score
$427KRevenue
$259KAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Historic Downtown Millersburg Inc demonstrates consistent financial activity, with revenues and expenses generally in balance over the past decade. For instance, in 2023, the organization reported revenues of $173,935 against expenses of $185,630, indicating a slight deficit for the year. However, its asset base has shown growth, increasing from $2,071 in 2015 to $86,473 in 2023, suggesting prudent financial management and accumulation of resources over time. The organization's commitment to its mission appears strong, as evidenced by the absence of officer compensation, implying that resources are directed towards programmatic activities rather than executive salaries. While specific program spending ratios are not detailed in the provided data, the overall financial picture suggests a stable, community-focused entity. Transparency is enhanced by its consistent filing of IRS Form 990s, with 13 filings available, indicating a commitment to public accountability.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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