Arnold Economic Development Corporation
EIN: 270029949 · Arnold, NE · NTEE: S300
| Metric | Value |
|---|---|
| Total Revenue | $122K |
| Total Expenses | $21K |
| Net Assets | $40K |
Is Arnold Economic Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Arnold Economic Development Corporation
Arnold Economic Development Corporation (EIN: 270029949) is a nonprofit organization based in Arnold, NE, classified under NTEE code S300. The organization reported total revenue of $122K and total assets of $144K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arnold Economic Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arnold Economic Development Corporation is a small nonprofit that has been operating for 19 years.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
| Total Revenue | $17K |
| Total Expenses | $21K |
| Surplus / Deficit | $-4,351 |
| Total Assets | $43K |
| Total Liabilities | $3K |
| Net Assets | $40K |
| Operating Margin | -25.4% |
| Debt-to-Asset Ratio | 7.0% |
| Months of Reserves | 24.0 months |
Financial Health Grade: B
In 2011, Arnold Economic Development Corporation reported a deficit of $4K with expenses exceeding revenue, holds 24.0 months of operating reserves (strong position), has a debt-to-asset ratio of 7.0% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Arnold Economic Development Corporation 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 Arnold Economic Development Corporation 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 (2011)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.0%.
Frequently Asked Questions about Arnold Economic Development Corporation
Is Arnold Economic Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Arnold Economic Development Corporation (EIN: 270029949) insufficient data. 0 red flags identified, 0 strengths noted.
How does Arnold Economic Development Corporation spend its money?
Detailed spending breakdown data is not yet available for Arnold Economic Development Corporation. Check back for updated IRS 990 analysis.
Are donations to Arnold Economic Development Corporation tax-deductible?
Arnold Economic Development Corporation is registered as a tax-exempt nonprofit (EIN: 270029949). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Arnold Economic Development Corporation located?
Arnold Economic Development Corporation is headquartered in Arnold, Nebraska and files with the IRS under EIN 270029949. It is classified under NTEE code S300.
Filing History
IRS 990 filing history for Arnold Economic Development Corporation showing financial trends over 1 year of public records:
In its most recent filing year (2011), Arnold Economic Development Corporation reported a deficit of $4K, with expenses exceeding revenue. The organization holds $3K in liabilities against $43K in assets (debt-to-asset ratio: 7.0%), resulting in net assets of $40K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2011 | $17K | $21K | $43K | $3K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arnold Economic Development Corporation:
Data Sources and Methodology
This transparency report for Arnold Economic Development Corporation 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.