Alton Park Development Corp
EIN: 621781939 · Chattanooga, TN · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $89K |
| Total Expenses | $152K |
| Net Assets | $389K |
Is Alton Park Development Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alton Park Development Corp
Alton Park Development Corp (EIN: 621781939) is a nonprofit organization based in Chattanooga, TN, classified under NTEE code S20. The organization reported total revenue of $89K and total assets of $425K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alton Park Development Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alton Park Development Corp is a micro nonprofit that has been operating for 12 years, with 4 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $174K |
| Total Expenses | $152K |
| Surplus / Deficit | +$22K |
| Total Assets | $389K |
| Net Assets | $389K |
| Operating Margin | 12.6% |
| Months of Reserves | 30.7 months |
Financial Health Grade: A
In 2023, Alton Park Development Corp reported a surplus of $22K with revenue exceeding expenses, holds 30.7 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.3% | -44.1% | +45.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alton Park Development Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alton Park Development Corp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $22K, with revenue exceeding expenses.
Frequently Asked Questions about Alton Park Development Corp
Is Alton Park Development Corp a legitimate charity?
Alton Park Development Corp (EIN: 621781939) is a registered tax-exempt nonprofit based in Tennessee. It has 4 years of IRS 990 filings on record. Total revenue: $89K. No red flags identified. Financial health grade: A.
How does Alton Park Development Corp spend its money?
Alton Park Development Corp reported $89K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Alton Park Development Corp tax-deductible?
Alton Park Development Corp is registered as a tax-exempt nonprofit (EIN: 621781939). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alton Park Development Corp located?
Alton Park Development Corp is headquartered in Chattanooga, Tennessee and files with the IRS under EIN 621781939. It is classified under NTEE code S20.
How many years of IRS 990 filings does Alton Park Development Corp have?
Alton Park Development Corp has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $89K in total revenue.
Filing History
IRS 990 filing history for Alton Park Development Corp showing financial trends over 4 years of public records:
Total assets increased by 38942800% over the same period, from $1 to $389K. Total functional expenses rose by 998.2%, from $14K to $152K. In its most recent filing year (2023), Alton Park Development Corp reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $174K | $152K | $389K | $0 | — | View 990 |
| 2022 | $282K | $272K | $268K | $0 | — | — |
| 2012 | $0 | $0 | $1 | $0 | — | View 990 |
| 2011 | $0 | $14K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $174K, expenses of $152K, and assets of $389K (revenue -38.3% year-over-year).
- 2022: Revenue of $282K, expenses of $272K, and assets of $268K.
- 2012: Revenue of $0, expenses of $0, and assets of $1.
- 2011: Revenue of $0, expenses of $14K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alton Park Development Corp:
Data Sources and Methodology
This transparency report for Alton Park Development Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.