Burlington West Burlington Area Development Foundation
Burlington West Burlington Area Development Foundation shows highly variable revenue but consistent zero officer compensation.
EIN: 200283432 · Burlington, IA · NTEE: J20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $487K |
| Total Expenses | $609K |
| Program Spending | 80% |
| Net Assets | $1.5M |
| Transparency Score | 85/100 |
Is Burlington West Burlington Area Development Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Burlington West Burlington Area Development Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Burlington West Burlington Area Development Foundation
Burlington West Burlington Area Development Foundation (EIN: 200283432) is a nonprofit organization based in Burlington, IA, classified under NTEE code J20. The organization reported total revenue of $487K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Burlington West Burlington Area Development Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Burlington West Burlington Area Development Foundation is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $609K |
| Surplus / Deficit | +$954K |
| Total Assets | $1.7M |
| Total Liabilities | $231K |
| Net Assets | $1.5M |
| Operating Margin | 61.0% |
| Debt-to-Asset Ratio | 13.6% |
| Months of Reserves | 33.5 months |
Financial Health Grade: A
In 2023, Burlington West Burlington Area Development Foundation reported a surplus of $954K with revenue exceeding expenses, holds 33.5 months of operating reserves (strong position), has a debt-to-asset ratio of 13.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Burlington West Burlington Area Development Foundation's revenue has grown at a compound annual growth rate (CAGR) of 15.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1152.3% | -0.6% | +227.0% |
| 2022 | -56.8% | +61.2% | -48.7% |
| 2021 | +363.6% | +7.4% | -7.7% |
| 2020 | -94.9% | +63.2% | -20.8% |
| 2019 | +204.3% | -53.5% | +217.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Burlington West Burlington Area Development Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Burlington West Burlington Area Development Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $954K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly favorable for resource allocation to its mission.
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 Burlington West Burlington Area Development Foundation's IRS 990 filings:
- Highly volatile revenue streams, making financial planning potentially challenging.
- Significant fluctuations in assets and liabilities without clear explanations in the provided data.
Strengths
The following positive indicators were identified for Burlington West Burlington Area Development Foundation:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Substantial asset base, reaching $1,700,312 in 2023, providing financial stability.
- Significant revenue growth in 2023 ($1,562,938), suggesting successful fundraising or project acquisition.
Frequently Asked Questions about Burlington West Burlington Area Development Foundation
Is Burlington West Burlington Area Development Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Burlington West Burlington Area Development Foundation (EIN: 200283432) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Burlington West Burlington Area Development Foundation spend its money?
Burlington West Burlington Area Development Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Burlington West Burlington Area Development Foundation tax-deductible?
Burlington West Burlington Area Development Foundation is registered as a tax-exempt nonprofit (EIN: 200283432). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Burlington West Burlington Area Development Foundation's spending goes to programs?
Burlington West Burlington Area Development Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Burlington West Burlington Area Development Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Burlington West Burlington Area Development Foundation is above average for NTEE category J20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Burlington West Burlington Area Development Foundation located?
Burlington West Burlington Area Development Foundation is headquartered in Burlington, Iowa and files with the IRS under EIN 200283432. It is classified under NTEE code J20.
How many years of IRS 990 filings does Burlington West Burlington Area Development Foundation have?
Burlington West Burlington Area Development Foundation has 13 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 $487K in total revenue.
What are the primary drivers of the significant revenue fluctuations?
The provided data shows revenue ranging from $1,217 in 2015 to $1,562,938 in 2023. Understanding the nature of these revenue streams (e.g., large grants, capital campaigns, specific project funding) would clarify financial stability and predictability.
How does the organization manage its liabilities, which have varied significantly?
Liabilities have ranged from $111 in 2019 to $231,123 in 2023. Understanding the nature of these liabilities and the organization's strategy for managing them is important for financial health.
What specific programs or projects are funded by the organization?
Given the 'Development Foundation' designation, understanding the specific community development initiatives or projects it supports would provide insight into its impact and program effectiveness.
Filing History
IRS 990 filing history for Burlington West Burlington Area Development Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Burlington West Burlington Area Development Foundation's revenue has grown by 456.9%, moving from $281K to $1.6M. Total assets increased by 2990.4% over the same period, from $55K to $1.7M. Total functional expenses rose by 83.3%, from $332K to $609K. In its most recent filing year (2023), Burlington West Burlington Area Development Foundation reported a surplus of $954K, with revenue exceeding expenses. The organization holds $231K in liabilities against $1.7M in assets (debt-to-asset ratio: 13.6%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $609K | $1.7M | $231K | — | — |
| 2022 | $125K | $613K | $520K | $5K | — | View 990 |
| 2021 | $289K | $380K | $1.0M | $10K | — | View 990 |
| 2020 | $62K | $354K | $1.1M | $3K | — | View 990 |
| 2019 | $1.2M | $217K | $1.4M | $111 | — | View 990 |
| 2018 | $405K | $466K | $436K | $64K | — | View 990 |
| 2017 | $1K | $414K | $468K | $34K | — | — |
| 2016 | $6K | $315K | $905K | $59K | — | View 990 |
| 2015 | $1K | $359K | $1.2M | $88K | — | View 990 |
| 2014 | $200K | $333K | $1.6M | $118K | — | View 990 |
| 2013 | $2.0M | $455K | $1.8M | $147K | — | View 990 |
| 2012 | $310K | $288K | $77K | $0 | — | View 990 |
| 2011 | $281K | $332K | $55K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $609K, and assets of $1.7M (revenue +1152.3% year-over-year).
- 2022: Revenue of $125K, expenses of $613K, and assets of $520K (revenue -56.8% year-over-year).
- 2021: Revenue of $289K, expenses of $380K, and assets of $1.0M (revenue +363.6% year-over-year).
- 2020: Revenue of $62K, expenses of $354K, and assets of $1.1M (revenue -94.9% year-over-year).
- 2019: Revenue of $1.2M, expenses of $217K, and assets of $1.4M (revenue +204.3% year-over-year).
- 2018: Revenue of $405K, expenses of $466K, and assets of $436K (revenue +32086.5% year-over-year).
- 2017: Revenue of $1K, expenses of $414K, and assets of $468K (revenue -78.4% year-over-year).
- 2016: Revenue of $6K, expenses of $315K, and assets of $905K (revenue +377.6% year-over-year).
- 2015: Revenue of $1K, expenses of $359K, and assets of $1.2M (revenue -99.4% year-over-year).
- 2014: Revenue of $200K, expenses of $333K, and assets of $1.6M (revenue -90.1% year-over-year).
- 2013: Revenue of $2.0M, expenses of $455K, and assets of $1.8M (revenue +552.9% year-over-year).
- 2012: Revenue of $310K, expenses of $288K, and assets of $77K (revenue +10.5% year-over-year).
- 2011: Revenue of $281K, expenses of $332K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Burlington West Burlington Area Development Foundation:
Data Sources and Methodology
This transparency report for Burlington West Burlington Area Development Foundation 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.