Decatur County Development Corporation
EIN: 731665057 · Leon, IA · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $109K |
| Total Expenses | $110K |
| Net Assets | $278K |
Is Decatur County Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Decatur County Development Corporation
Decatur County Development Corporation (EIN: 731665057) is a nonprofit organization based in Leon, IA, classified under NTEE code S20. The organization reported total revenue of $109K and total assets of $350K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Decatur County Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Decatur County Development Corporation is a small nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $110K |
| Surplus / Deficit | $-21,184 |
| Total Assets | $338K |
| Total Liabilities | $60K |
| Net Assets | $278K |
| Operating Margin | -23.9% |
| Debt-to-Asset Ratio | 17.9% |
| Months of Reserves | 36.9 months |
Financial Health Grade: B
In 2023, Decatur County Development Corporation reported a deficit of $21K with expenses exceeding revenue, holds 36.9 months of operating reserves (strong position), has a debt-to-asset ratio of 17.9% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Decatur County Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.1% | +64.9% | -12.0% |
| 2022 | -38.1% | -28.7% | -28.0% |
| 2021 | +32.8% | -8.6% | +17.4% |
| 2020 | +19.0% | +14.9% | +20.5% |
| 2019 | -23.8% | +44.2% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Decatur County Development 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 Decatur County Development 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 $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.9%.
Frequently Asked Questions about Decatur County Development Corporation
Is Decatur County Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Decatur County Development Corporation (EIN: 731665057) insufficient data. 0 red flags identified, 0 strengths noted.
How does Decatur County Development Corporation spend its money?
Detailed spending breakdown data is not yet available for Decatur County Development Corporation. Check back for updated IRS 990 analysis.
Are donations to Decatur County Development Corporation tax-deductible?
Decatur County Development Corporation is registered as a tax-exempt nonprofit (EIN: 731665057). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Decatur County Development Corporation located?
Decatur County Development Corporation is headquartered in Leon, Iowa and files with the IRS under EIN 731665057. It is classified under NTEE code S20.
How many years of IRS 990 filings does Decatur County Development Corporation have?
Decatur County Development Corporation has 12 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 $109K in total revenue.
Filing History
IRS 990 filing history for Decatur County Development Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Decatur County Development Corporation's revenue has grown by 67.9%, moving from $53K to $89K. Total assets increased by 321.1% over the same period, from $80K to $338K. Total functional expenses rose by 125.2%, from $49K to $110K. In its most recent filing year (2023), Decatur County Development Corporation reported a deficit of $21K, with expenses exceeding revenue. The organization holds $60K in liabilities against $338K in assets (debt-to-asset ratio: 17.9%), resulting in net assets of $278K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $110K | $338K | $60K | — | View 990 |
| 2022 | $101K | $67K | $384K | $74K | — | View 990 |
| 2021 | $163K | $94K | $534K | $256K | — | View 990 |
| 2020 | $123K | $102K | $455K | $247K | — | — |
| 2019 | $103K | $89K | $377K | $190K | — | View 990 |
| 2018 | $135K | $62K | $373K | $200K | — | View 990 |
| 2017 | $62K | $68K | $468K | $368K | — | View 990 |
| 2016 | $64K | $64K | $122K | $17K | — | View 990 |
| 2014 | $56K | $58K | $93K | $0 | — | View 990 |
| 2013 | $51K | $55K | $95K | $0 | — | View 990 |
| 2012 | $78K | $51K | $97K | $0 | — | View 990 |
| 2011 | $53K | $49K | $80K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89K, expenses of $110K, and assets of $338K (revenue -12.1% year-over-year).
- 2022: Revenue of $101K, expenses of $67K, and assets of $384K (revenue -38.1% year-over-year).
- 2021: Revenue of $163K, expenses of $94K, and assets of $534K (revenue +32.8% year-over-year).
- 2020: Revenue of $123K, expenses of $102K, and assets of $455K (revenue +19.0% year-over-year).
- 2019: Revenue of $103K, expenses of $89K, and assets of $377K (revenue -23.8% year-over-year).
- 2018: Revenue of $135K, expenses of $62K, and assets of $373K (revenue +118.5% year-over-year).
- 2017: Revenue of $62K, expenses of $68K, and assets of $468K (revenue -2.6% year-over-year).
- 2016: Revenue of $64K, expenses of $64K, and assets of $122K (revenue +13.8% year-over-year).
- 2014: Revenue of $56K, expenses of $58K, and assets of $93K (revenue +9.5% year-over-year).
- 2013: Revenue of $51K, expenses of $55K, and assets of $95K (revenue -34.5% year-over-year).
- 2012: Revenue of $78K, expenses of $51K, and assets of $97K (revenue +47.5% year-over-year).
- 2011: Revenue of $53K, expenses of $49K, and assets of $80K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Decatur County Development Corporation:
Data Sources and Methodology
This transparency report for Decatur County Development 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.