Blank Park Endowment Corporation
EIN: 460705129 · Des Moines, IA · NTEE: D115
| Metric | Value |
|---|---|
| Total Revenue | $717K |
| Total Expenses | $527K |
| Net Assets | $8.5M |
Is Blank Park Endowment Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Blank Park Endowment Corporation
Blank Park Endowment Corporation (EIN: 460705129) is a nonprofit organization based in Des Moines, IA, classified under NTEE code D115. The organization reported total revenue of $717K and total assets of $9.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blank Park Endowment Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blank Park Endowment Corporation is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -17.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $222K |
| Total Expenses | $527K |
| Surplus / Deficit | $-304,899 |
| Total Assets | $8.7M |
| Total Liabilities | $188K |
| Net Assets | $8.5M |
| Operating Margin | -137.1% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 197.5 months |
Financial Health Grade: B
In 2023, Blank Park Endowment Corporation reported a deficit of $305K with expenses exceeding revenue, holds 197.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Blank Park Endowment Corporation's revenue has declined at a compound annual growth rate (CAGR) of -17.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.4% | +3.6% | -11.9% |
| 2021 | -105.3% | +19.3% | +30.2% |
| 2020 | +433.2% | +440.7% | -19.8% |
| 2019 | -57.7% | -72.9% | +4.0% |
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 Blank Park Endowment 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 Blank Park Endowment 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $305K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.2%.
Frequently Asked Questions about Blank Park Endowment Corporation
Is Blank Park Endowment Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Blank Park Endowment Corporation (EIN: 460705129) insufficient data. 0 red flags identified, 0 strengths noted.
How does Blank Park Endowment Corporation spend its money?
Detailed spending breakdown data is not yet available for Blank Park Endowment Corporation. Check back for updated IRS 990 analysis.
Are donations to Blank Park Endowment Corporation tax-deductible?
Blank Park Endowment Corporation is registered as a tax-exempt nonprofit (EIN: 460705129). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Blank Park Endowment Corporation located?
Blank Park Endowment Corporation is headquartered in Des Moines, Iowa and files with the IRS under EIN 460705129. It is classified under NTEE code D115.
How many years of IRS 990 filings does Blank Park Endowment Corporation have?
Blank Park Endowment Corporation has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $717K in total revenue.
Filing History
IRS 990 filing history for Blank Park Endowment Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Blank Park Endowment Corporation's revenue has declined by 85%, moving from $1.5M to $222K. Total assets decreased by 19.9% over the same period, from $10.8M to $8.7M. Total functional expenses rose by 63.6%, from $322K to $527K. In its most recent filing year (2023), Blank Park Endowment Corporation reported a deficit of $305K, with expenses exceeding revenue. The organization holds $188K in liabilities against $8.7M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $8.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $222K | $527K | $8.7M | $188K | — | View 990 |
| 2022 | $487K | $509K | $9.9M | $226K | — | View 990 |
| 2021 | $-61,177 | $913K | $9.6M | $199K | — | View 990 |
| 2020 | $1.2M | $765K | $7.4M | $197K | — | View 990 |
| 2019 | $218K | $142K | $9.2M | $2K | — | View 990 |
| 2018 | $515K | $523K | $8.9M | $0 | — | View 990 |
| 2017 | $133K | $1.2M | $9.4M | $0 | — | View 990 |
| 2016 | $497K | $493K | $9.7M | $0 | — | View 990 |
| 2015 | $391K | $1.1M | $10.0M | $110K | — | View 990 |
| 2014 | $454K | $486K | $10.8M | $0 | — | View 990 |
| 2013 | $1.5M | $322K | $10.8M | $151K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $222K, expenses of $527K, and assets of $8.7M (revenue -54.4% year-over-year).
- 2022: Revenue of $487K, expenses of $509K, and assets of $9.9M.
- 2021: Revenue of $-61,177, expenses of $913K, and assets of $9.6M (revenue -105.3% year-over-year).
- 2020: Revenue of $1.2M, expenses of $765K, and assets of $7.4M (revenue +433.2% year-over-year).
- 2019: Revenue of $218K, expenses of $142K, and assets of $9.2M (revenue -57.7% year-over-year).
- 2018: Revenue of $515K, expenses of $523K, and assets of $8.9M (revenue +286.2% year-over-year).
- 2017: Revenue of $133K, expenses of $1.2M, and assets of $9.4M (revenue -73.2% year-over-year).
- 2016: Revenue of $497K, expenses of $493K, and assets of $9.7M (revenue +27.3% year-over-year).
- 2015: Revenue of $391K, expenses of $1.1M, and assets of $10.0M (revenue -14.0% year-over-year).
- 2014: Revenue of $454K, expenses of $486K, and assets of $10.8M (revenue -69.3% year-over-year).
- 2013: Revenue of $1.5M, expenses of $322K, and assets of $10.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blank Park Endowment Corporation:
Data Sources and Methodology
This transparency report for Blank Park Endowment 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.