Delta Economic Development Corportation
EIN: 371365298 · E Saint Louis, IL · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $528K |
| Total Expenses | $423K |
| Net Assets | $1.2M |
Is Delta Economic Development Corportation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Delta Economic Development Corportation
Delta Economic Development Corportation (EIN: 371365298) is a nonprofit organization based in E Saint Louis, IL, classified under NTEE code P33. The organization reported total revenue of $528K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Delta Economic Development Corportation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Delta Economic Development Corportation is a small nonprofit that has been operating for 5 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $421K |
| Total Expenses | $423K |
| Surplus / Deficit | $-1,948 |
| Total Assets | $1.7M |
| Total Liabilities | $441K |
| Net Assets | $1.2M |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 26.5% |
| Months of Reserves | 47.2 months |
Financial Health Grade: B
In 2022, Delta Economic Development Corportation reported a deficit of $2K with expenses exceeding revenue, holds 47.2 months of operating reserves (strong position), has a debt-to-asset ratio of 26.5% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Delta Economic Development Corportation's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -10.8% | +16.7% | -12.3% |
| 2021 | +4.8% | +12.7% | +4.8% |
| 2020 | +27.2% | -12.1% | +9.8% |
| 2019 | -2.8% | -4.5% | -2.3% |
| 2018 | -12.3% | -8.1% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Delta Economic Development Corportation 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 Delta Economic Development Corportation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.5%.
Frequently Asked Questions about Delta Economic Development Corportation
Is Delta Economic Development Corportation a legitimate charity?
Based on AI analysis of IRS 990 filings, Delta Economic Development Corportation (EIN: 371365298) insufficient data. 0 red flags identified, 0 strengths noted.
How does Delta Economic Development Corportation spend its money?
Detailed spending breakdown data is not yet available for Delta Economic Development Corportation. Check back for updated IRS 990 analysis.
Are donations to Delta Economic Development Corportation tax-deductible?
Delta Economic Development Corportation is registered as a tax-exempt nonprofit (EIN: 371365298). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Delta Economic Development Corportation located?
Delta Economic Development Corportation is headquartered in E Saint Louis, Illinois and files with the IRS under EIN 371365298. It is classified under NTEE code P33.
How many years of IRS 990 filings does Delta Economic Development Corportation have?
Delta Economic Development Corportation 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 $528K in total revenue.
Filing History
IRS 990 filing history for Delta Economic Development Corportation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Delta Economic Development Corportation's revenue has declined by 22.3%, moving from $542K to $421K. Total assets decreased by 16.8% over the same period, from $2.0M to $1.7M. Total functional expenses fell by 15.5%, from $500K to $423K. In its most recent filing year (2022), Delta Economic Development Corportation reported a deficit of $2K, with expenses exceeding revenue. The organization holds $441K in liabilities against $1.7M in assets (debt-to-asset ratio: 26.5%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $421K | $423K | $1.7M | $441K | — | — |
| 2021 | $472K | $362K | $1.9M | $487K | — | — |
| 2020 | $450K | $322K | $1.8M | $534K | — | View 990 |
| 2019 | $354K | $366K | $1.6M | $501K | — | View 990 |
| 2018 | $364K | $383K | $1.7M | $527K | — | View 990 |
| 2017 | $415K | $416K | $1.7M | $549K | — | View 990 |
| 2016 | $406K | $458K | $1.8M | $574K | — | View 990 |
| 2015 | $582K | $438K | $1.8M | $599K | — | View 990 |
| 2014 | $415K | $439K | $1.8M | $667K | — | View 990 |
| 2013 | $478K | $442K | $1.8M | $715K | — | View 990 |
| 2012 | $450K | $494K | $1.9M | $782K | — | View 990 |
| 2011 | $542K | $500K | $2.0M | $860K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $421K, expenses of $423K, and assets of $1.7M (revenue -10.8% year-over-year).
- 2021: Revenue of $472K, expenses of $362K, and assets of $1.9M (revenue +4.8% year-over-year).
- 2020: Revenue of $450K, expenses of $322K, and assets of $1.8M (revenue +27.2% year-over-year).
- 2019: Revenue of $354K, expenses of $366K, and assets of $1.6M (revenue -2.8% year-over-year).
- 2018: Revenue of $364K, expenses of $383K, and assets of $1.7M (revenue -12.3% year-over-year).
- 2017: Revenue of $415K, expenses of $416K, and assets of $1.7M (revenue +2.1% year-over-year).
- 2016: Revenue of $406K, expenses of $458K, and assets of $1.8M (revenue -30.2% year-over-year).
- 2015: Revenue of $582K, expenses of $438K, and assets of $1.8M (revenue +40.2% year-over-year).
- 2014: Revenue of $415K, expenses of $439K, and assets of $1.8M (revenue -13.0% year-over-year).
- 2013: Revenue of $478K, expenses of $442K, and assets of $1.8M (revenue +6.2% year-over-year).
- 2012: Revenue of $450K, expenses of $494K, and assets of $1.9M (revenue -16.9% year-over-year).
- 2011: Revenue of $542K, expenses of $500K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Delta Economic Development Corportation:
Data Sources and Methodology
This transparency report for Delta Economic Development Corportation 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.