Antioch Business & Development
Antioch Business & Development reports $0 revenue and assets, indicating potential operational cessation after years of significant financial losses.
EIN: 200303588 · Redmond, WA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $56K |
| Net Assets | $95K |
| Transparency Score | 10/100 |
Is Antioch Business & Development Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Antioch Business & Development
Antioch Business & Development (EIN: 200303588) is a nonprofit organization based in Redmond, WA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Antioch Business & Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Antioch Business & Development is a micro nonprofit, with 4 years of IRS 990 filings on record (2012–2015). Revenue has grown at a compound annual rate of -69.4%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $56K |
| Surplus / Deficit | $-52,113 |
| Total Assets | $132K |
| Total Liabilities | $36K |
| Net Assets | $95K |
| Operating Margin | -1388.9% |
| Debt-to-Asset Ratio | 27.5% |
| Months of Reserves | 28.2 months |
Financial Health Grade: B
In 2015, Antioch Business & Development reported a deficit of $52K with expenses exceeding revenue, holds 28.2 months of operating reserves (strong position), has a debt-to-asset ratio of 27.5% (moderate leverage).
Financial Trends
Over 4 years of filings (2012–2015), Antioch Business & Development's revenue has declined at a compound annual growth rate (CAGR) of -69.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -80.2% | -68.0% | -28.4% |
| 2014 | -5.5% | +236.4% | -45.8% |
| 2013 | -84.6% | -65.0% | -8.6% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Antioch Business & Development with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Antioch Business & Development allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $52K, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.5%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, suggesting that executive leadership was either unpaid or compensated through other means not reported as officer compensation, or the organization had no paid officers.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Antioch Business & Development's IRS 990 filings:
- Latest filing reports $0 revenue and $0 assets, indicating potential insolvency or cessation of operations.
- Consistent and significant negative net income across multiple years (e.g., $174,402 expenses vs. $18,992 revenue in 2014).
- Steady decline in assets from $370,775 in 2012 to $0 in the latest filing.
- Liabilities of $36,200 remained constant for several years despite declining assets and revenue, suggesting unresolved financial obligations.
Strengths
The following positive indicators were identified for Antioch Business & Development:
- Reported 0% officer compensation across all filings, indicating no direct compensation to officers from the organization's funds.
Frequently Asked Questions about Antioch Business & Development
Is Antioch Business & Development a legitimate charity?
Antioch Business & Development (EIN: 200303588) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 10/100. It has 4 years of IRS 990 filings on record. 4 red flags identified. 1 strength noted. Financial health grade: B.
How does Antioch Business & Development spend its money?
Antioch Business & Development reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Antioch Business & Development tax-deductible?
Antioch Business & Development is registered as a tax-exempt nonprofit (EIN: 200303588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Antioch Business & Development located?
Antioch Business & Development is headquartered in Redmond, Washington and files with the IRS under EIN 200303588.
How many years of IRS 990 filings does Antioch Business & Development have?
Antioch Business & Development has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Antioch Business & Development still operational?
Based on the latest filing reporting $0 in revenue and assets, it is highly unlikely that Antioch Business & Development is still actively operational. This suggests the organization may have ceased its activities.
What caused the significant decline in assets from $370,775 to $0?
The filings indicate a consistent trend of expenses significantly exceeding revenue over several years, which would deplete assets. For example, in 2014, expenses were $174,402 while revenue was only $18,992. This sustained deficit spending likely led to the depletion of assets, potentially culminating in liquidation or transfer of remaining assets.
Why did expenses consistently far exceed revenue?
The available data shows a pattern where the organization spent significantly more than it brought in. For instance, in 2015, expenses were nearly 15 times its revenue ($55,865 vs. $3,752). This indicates a fundamental imbalance in its financial model, possibly due to insufficient fundraising, unsustainable program costs, or a lack of effective financial management.
Filing History
IRS 990 filing history for Antioch Business & Development showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2012–2015), Antioch Business & Development's revenue has declined by 97.1%, moving from $131K to $4K. Total assets decreased by 64.5% over the same period, from $371K to $132K. Total functional expenses fell by 62.3%, from $148K to $56K. In its most recent filing year (2015), Antioch Business & Development reported a deficit of $52K, with expenses exceeding revenue. The organization holds $36K in liabilities against $132K in assets (debt-to-asset ratio: 27.5%), resulting in net assets of $95K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $4K | $56K | $132K | $36K | — | View 990 |
| 2014 | $19K | $174K | $184K | $36K | — | View 990 |
| 2013 | $20K | $52K | $339K | $36K | — | View 990 |
| 2012 | $131K | $148K | $371K | $36K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $4K, expenses of $56K, and assets of $132K (revenue -80.2% year-over-year).
- 2014: Revenue of $19K, expenses of $174K, and assets of $184K (revenue -5.5% year-over-year).
- 2013: Revenue of $20K, expenses of $52K, and assets of $339K (revenue -84.6% year-over-year).
- 2012: Revenue of $131K, expenses of $148K, and assets of $371K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Antioch Business & Development:
Data Sources and Methodology
This transparency report for Antioch Business & Development 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.