Danville Boyle County Economic Develpment Partnership Inc
EIN: 311523317 · Danville, KY · NTEE: S43Z
| Metric | Value |
|---|---|
| Total Revenue | $556K |
| Total Expenses | $365K |
| Net Assets | $418K |
Is Danville Boyle County Economic Develpment Partnership Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Danville Boyle County Economic Develpment Partnership Inc
Danville Boyle County Economic Develpment Partnership Inc (EIN: 311523317) is a nonprofit organization based in Danville, KY, classified under NTEE code S43Z. The organization reported total revenue of $556K and total assets of $352K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Danville Boyle County Economic Develpment Partnership Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Danville Boyle County Economic Develpment Partnership Inc is a small nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $350K |
| Total Expenses | $365K |
| Surplus / Deficit | $-15,551 |
| Total Assets | $427K |
| Total Liabilities | $9K |
| Net Assets | $418K |
| Operating Margin | -4.4% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 14.0 months |
Financial Health Grade: B
In 2023, Danville Boyle County Economic Develpment Partnership Inc reported a deficit of $16K with expenses exceeding revenue, holds 14.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Danville Boyle County Economic Develpment Partnership Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.5% | +84.0% | -2.8% |
| 2022 | -3.7% | -45.6% | +63.8% |
| 2021 | -6.0% | +6.0% | +17.5% |
| 2020 | +26.2% | +4.3% | +220.9% |
| 2019 | -53.5% | -55.4% | +36.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Danville Boyle County Economic Develpment Partnership Inc 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 Danville Boyle County Economic Develpment Partnership Inc 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 $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.1%.
Frequently Asked Questions about Danville Boyle County Economic Develpment Partnership Inc
Is Danville Boyle County Economic Develpment Partnership Inc a legitimate charity?
Danville Boyle County Economic Develpment Partnership Inc (EIN: 311523317) is a registered tax-exempt nonprofit based in Kentucky. It has 13 years of IRS 990 filings on record. Total revenue: $556K. No red flags identified. Financial health grade: B.
How does Danville Boyle County Economic Develpment Partnership Inc spend its money?
Danville Boyle County Economic Develpment Partnership Inc reported $556K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Danville Boyle County Economic Develpment Partnership Inc tax-deductible?
Danville Boyle County Economic Develpment Partnership Inc is registered as a tax-exempt nonprofit (EIN: 311523317). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Danville Boyle County Economic Develpment Partnership Inc located?
Danville Boyle County Economic Develpment Partnership Inc is headquartered in Danville, Kentucky and files with the IRS under EIN 311523317. It is classified under NTEE code S43Z.
How many years of IRS 990 filings does Danville Boyle County Economic Develpment Partnership Inc have?
Danville Boyle County Economic Develpment Partnership 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 $556K in total revenue.
Filing History
IRS 990 filing history for Danville Boyle County Economic Develpment Partnership Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Danville Boyle County Economic Develpment Partnership Inc's revenue has declined by 5.2%, moving from $369K to $350K. Total assets increased by 633.3% over the same period, from $58K to $427K. Total functional expenses rose by 2.2%, from $358K to $365K. In its most recent filing year (2023), Danville Boyle County Economic Develpment Partnership Inc reported a deficit of $16K, with expenses exceeding revenue. The organization holds $9K in liabilities against $427K in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $418K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $350K | $365K | $427K | $9K | — | — |
| 2022 | $404K | $199K | $439K | $6K | — | View 990 |
| 2021 | $420K | $365K | $268K | $41K | — | View 990 |
| 2020 | $447K | $344K | $228K | $55K | — | View 990 |
| 2019 | $354K | $330K | $71K | $739 | — | View 990 |
| 2018 | $761K | $740K | $52K | $6K | — | View 990 |
| 2017 | $709K | $691K | $32K | $7K | — | View 990 |
| 2016 | $686K | $700K | $13K | $5K | — | View 990 |
| 2015 | $638K | $683K | $27K | $6K | — | View 990 |
| 2014 | $627K | $636K | $72K | $5K | — | View 990 |
| 2013 | $477K | $469K | $80K | $4K | — | View 990 |
| 2012 | $407K | $395K | $71K | $3K | — | View 990 |
| 2011 | $369K | $358K | $58K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $350K, expenses of $365K, and assets of $427K (revenue -13.5% year-over-year).
- 2022: Revenue of $404K, expenses of $199K, and assets of $439K (revenue -3.7% year-over-year).
- 2021: Revenue of $420K, expenses of $365K, and assets of $268K (revenue -6.0% year-over-year).
- 2020: Revenue of $447K, expenses of $344K, and assets of $228K (revenue +26.2% year-over-year).
- 2019: Revenue of $354K, expenses of $330K, and assets of $71K (revenue -53.5% year-over-year).
- 2018: Revenue of $761K, expenses of $740K, and assets of $52K (revenue +7.3% year-over-year).
- 2017: Revenue of $709K, expenses of $691K, and assets of $32K (revenue +3.4% year-over-year).
- 2016: Revenue of $686K, expenses of $700K, and assets of $13K (revenue +7.6% year-over-year).
- 2015: Revenue of $638K, expenses of $683K, and assets of $27K (revenue +1.7% year-over-year).
- 2014: Revenue of $627K, expenses of $636K, and assets of $72K (revenue +31.5% year-over-year).
- 2013: Revenue of $477K, expenses of $469K, and assets of $80K (revenue +17.1% year-over-year).
- 2012: Revenue of $407K, expenses of $395K, and assets of $71K (revenue +10.4% year-over-year).
- 2011: Revenue of $369K, expenses of $358K, and assets of $58K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Danville Boyle County Economic Develpment Partnership Inc:
Data Sources and Methodology
This transparency report for Danville Boyle County Economic Develpment Partnership 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.