Carson City Downtown Business Association
Carson City Downtown Business Association maintains stable finances with no reported officer compensation.
EIN: 205323941 · Carson City, NV · NTEE: S30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $75K |
| Total Expenses | $79K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100,000. |
| Net Assets | $66K |
| Transparency Score | 85/100 |
Is Carson City Downtown Business Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Carson City Downtown Business Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Carson City Downtown Business Association
Carson City Downtown Business Association (EIN: 205323941) is a nonprofit organization based in Carson City, NV, classified under NTEE code S30. The organization reported total revenue of $75K and total assets of $76K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carson City Downtown Business Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carson City Downtown Business Association is a micro nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2015–2023). 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 | $77K |
| Total Expenses | $79K |
| Surplus / Deficit | $-1,701 |
| Total Assets | $66K |
| Net Assets | $66K |
| Operating Margin | -2.2% |
| Months of Reserves | 10.1 months |
Financial Health Grade: B
In 2023, Carson City Downtown Business Association reported a deficit of $2K with expenses exceeding revenue, holds 10.1 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2015–2023), Carson City Downtown Business Association's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.9% | +0.6% | -2.5% |
| 2022 | +87.7% | +26.8% | +12.0% |
| 2021 | +20.1% | +47.8% | — |
| 2020 | -49.6% | -31.5% | -100.0% |
| 2019 | +6.2% | +7.6% | +0.7% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Carson City Downtown Business Association 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, Carson City Downtown Business Association 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 deficit of $2K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated below IRS reporting thresholds, which is highly favorable for an organization of its size with revenues typically under $100,000.
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.
Strengths
The following positive indicators were identified for Carson City Downtown Business Association:
- Consistent 0% officer compensation reported across all filings, indicating efficient use of funds.
- Minimal to zero liabilities reported, suggesting strong financial management and low debt.
- Stable asset growth over the past several years, reaching $66,059 in 2023.
- Consistent filing of IRS 990s, demonstrating transparency and compliance.
Frequently Asked Questions about Carson City Downtown Business Association
Is Carson City Downtown Business Association a legitimate charity?
Carson City Downtown Business Association (EIN: 205323941) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $75K. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Carson City Downtown Business Association spend its money?
Carson City Downtown Business Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Carson City Downtown Business Association tax-deductible?
Carson City Downtown Business Association is registered as a tax-exempt nonprofit (EIN: 205323941). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Carson City Downtown Business Association CEO make?
Carson City Downtown Business Association's highest-compensated officer earns $100,000. annually. The organization reported $75K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Carson City Downtown Business Association's spending goes to programs?
Carson City Downtown Business Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Carson City Downtown Business Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Carson City Downtown Business Association is above average for NTEE category S30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Carson City Downtown Business Association located?
Carson City Downtown Business Association is headquartered in Carson City, Nevada and files with the IRS under EIN 205323941. It is classified under NTEE code S30.
How many years of IRS 990 filings does Carson City Downtown Business Association have?
Carson City Downtown Business Association has 9 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 $75K in total revenue.
Is Carson City Downtown Business Association a good charity?
Based on the available IRS 990 data, the Carson City Downtown Business Association appears to be a well-managed organization for its size. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission rather than executive salaries. Its assets have grown, and liabilities are minimal, suggesting financial stability. However, without a detailed breakdown of program vs. administrative expenses, a definitive 'good' rating is difficult, but the lack of executive compensation is a significant positive.
How has the organization's revenue trended over time?
The organization's revenue has fluctuated, with a low of $37,979 in 2020 and a high of $85,623 in 2022. The latest reported revenue for 2023 was $77,118, showing a relatively stable, albeit variable, income stream.
What is the organization's asset position?
The organization's assets have shown growth over the years, from $7,659 in 2016 to $66,059 in 2023. This indicates a healthy accumulation of resources relative to its operational scale.
Filing History
IRS 990 filing history for Carson City Downtown Business Association showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Carson City Downtown Business Association's revenue has grown by 57.1%, moving from $49K to $77K. Total assets increased by 641% over the same period, from $9K to $66K. Total functional expenses rose by 96.1%, from $40K to $79K. In its most recent filing year (2023), Carson City Downtown Business Association reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $77K | $79K | $66K | $0 | — | — |
| 2022 | $86K | $78K | $68K | $0 | — | View 990 |
| 2021 | $46K | $62K | $60K | $0 | — | — |
| 2020 | $38K | $42K | $0 | $4K | — | View 990 |
| 2019 | $75K | $61K | $14K | $0 | — | View 990 |
| 2018 | $71K | $57K | $14K | $0 | — | View 990 |
| 2017 | $60K | $52K | $8K | $0 | — | View 990 |
| 2016 | $49K | $42K | $8K | $0 | — | View 990 |
| 2015 | $49K | $40K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $77K, expenses of $79K, and assets of $66K (revenue -9.9% year-over-year).
- 2022: Revenue of $86K, expenses of $78K, and assets of $68K (revenue +87.7% year-over-year).
- 2021: Revenue of $46K, expenses of $62K, and assets of $60K (revenue +20.1% year-over-year).
- 2020: Revenue of $38K, expenses of $42K, and assets of $0 (revenue -49.6% year-over-year).
- 2019: Revenue of $75K, expenses of $61K, and assets of $14K (revenue +6.2% year-over-year).
- 2018: Revenue of $71K, expenses of $57K, and assets of $14K (revenue +17.3% year-over-year).
- 2017: Revenue of $60K, expenses of $52K, and assets of $8K (revenue +22.6% year-over-year).
- 2016: Revenue of $49K, expenses of $42K, and assets of $8K (revenue +0.5% year-over-year).
- 2015: Revenue of $49K, expenses of $40K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carson City Downtown Business Association:
Data Sources and Methodology
This transparency report for Carson City Downtown Business Association 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.