Business Plus Inc
Business Plus Inc consistently generates surpluses, growing assets with no officer compensation reported.
EIN: 203898333 · Twin Falls, ID · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $185K |
| Total Expenses | $168K |
| Program Spending | 85% |
| Net Assets | $337K |
| Transparency Score | 85/100 |
Is Business Plus Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Business Plus Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Business Plus Inc
Business Plus Inc (EIN: 203898333) is a nonprofit organization based in Twin Falls, ID. The organization reported total revenue of $185K and total assets of $338K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Business Plus Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Business Plus Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $199K |
| Total Expenses | $168K |
| Surplus / Deficit | +$32K |
| Total Assets | $337K |
| Net Assets | $337K |
| Operating Margin | 15.9% |
| Months of Reserves | 24.1 months |
Financial Health Grade: A
In 2023, Business Plus Inc reported a surplus of $32K with revenue exceeding expenses, holds 24.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Business Plus Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.7% | +9.3% | +10.4% |
| 2022 | -3.4% | -12.1% | +4.0% |
| 2021 | +2.9% | +8.8% | -1.3% |
| 2020 | -0.2% | +10.1% | +2.9% |
| 2019 | +5.7% | +9.8% | +11.5% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Business Plus Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Business Plus Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $32K, with revenue exceeding expenses.
Executive Compensation Analysis
Business Plus Inc consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization of its size and consistent revenue.
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 Business Plus Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Unspecified NTEE code makes peer comparison difficult
Strengths
The following positive indicators were identified for Business Plus Inc:
- Consistent revenue growth over a decade
- Strong asset growth and minimal liabilities
- Consistent financial surpluses (e.g., $31,759 in 2023)
- No reported officer compensation, indicating high efficiency or volunteer leadership
- Consistent IRS 990 filing history demonstrates transparency
Frequently Asked Questions about Business Plus Inc
Is Business Plus Inc a legitimate charity?
Business Plus Inc (EIN: 203898333) is a registered tax-exempt nonprofit based in Idaho. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $185K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Business Plus Inc spend its money?
Business Plus Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Business Plus Inc tax-deductible?
Business Plus Inc is registered as a tax-exempt nonprofit (EIN: 203898333). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Business Plus Inc's spending goes to programs?
Business Plus Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Business Plus Inc located?
Business Plus Inc is headquartered in Twin Falls, Idaho and files with the IRS under EIN 203898333.
How many years of IRS 990 filings does Business Plus Inc have?
Business Plus Inc 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 $185K in total revenue.
How does Business Plus Inc manage to operate without reporting any officer compensation?
The filings consistently show 0% officer compensation, suggesting a volunteer-led model or that compensation is structured in a way not reported in this category. This is a significant factor in their financial efficiency.
What are the specific programs Business Plus Inc delivers?
The provided data does not detail specific programs. Further investigation into their mission statement or website would be necessary to understand their programmatic activities.
Is the organization's asset growth sustainable?
Yes, the consistent revenue surpluses and minimal liabilities suggest that the asset growth from $171,287 in 2014 to $337,009 in 2023 is sustainable and indicative of sound financial management.
Filing History
IRS 990 filing history for Business Plus Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Business Plus Inc's revenue has grown by 95.9%, moving from $102K to $199K. Total assets increased by 11.6% over the same period, from $302K to $337K. Total functional expenses rose by 70.5%, from $98K to $168K. In its most recent filing year (2023), Business Plus Inc reported a surplus of $32K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $199K | $168K | $337K | $0 | — | View 990 |
| 2022 | $168K | $153K | $305K | $0 | — | View 990 |
| 2021 | $174K | $174K | $293K | $3K | — | View 990 |
| 2020 | $169K | $160K | $297K | $6K | — | View 990 |
| 2019 | $169K | $146K | $289K | $6K | — | View 990 |
| 2018 | $160K | $133K | $259K | $275 | — | View 990 |
| 2017 | $154K | $137K | $231K | $0 | — | View 990 |
| 2016 | $160K | $126K | $214K | $0 | — | View 990 |
| 2015 | $134K | $125K | $180K | $0 | — | View 990 |
| 2014 | $114K | $130K | $171K | $0 | — | View 990 |
| 2013 | $155K | $112K | $187K | $0 | — | View 990 |
| 2012 | $71K | $229K | $144K | $0 | — | View 990 |
| 2011 | $102K | $98K | $302K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $199K, expenses of $168K, and assets of $337K (revenue +18.7% year-over-year).
- 2022: Revenue of $168K, expenses of $153K, and assets of $305K (revenue -3.4% year-over-year).
- 2021: Revenue of $174K, expenses of $174K, and assets of $293K (revenue +2.9% year-over-year).
- 2020: Revenue of $169K, expenses of $160K, and assets of $297K (revenue -0.2% year-over-year).
- 2019: Revenue of $169K, expenses of $146K, and assets of $289K (revenue +5.7% year-over-year).
- 2018: Revenue of $160K, expenses of $133K, and assets of $259K (revenue +3.7% year-over-year).
- 2017: Revenue of $154K, expenses of $137K, and assets of $231K (revenue -3.3% year-over-year).
- 2016: Revenue of $160K, expenses of $126K, and assets of $214K (revenue +19.4% year-over-year).
- 2015: Revenue of $134K, expenses of $125K, and assets of $180K (revenue +17.2% year-over-year).
- 2014: Revenue of $114K, expenses of $130K, and assets of $171K (revenue -26.5% year-over-year).
- 2013: Revenue of $155K, expenses of $112K, and assets of $187K (revenue +119.4% year-over-year).
- 2012: Revenue of $71K, expenses of $229K, and assets of $144K (revenue -30.5% year-over-year).
- 2011: Revenue of $102K, expenses of $98K, and assets of $302K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Business Plus Inc:
Data Sources and Methodology
This transparency report for Business Plus Inc 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.