Discover Downtown Franklin Inc
Discover Downtown Franklin Inc maintains stable finances with volunteer leadership and consistent operations.
EIN: 201392553 · Franklin, IN · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $311K |
| Total Expenses | $213K |
| Program Spending | 85% |
| Net Assets | $163K |
| Transparency Score | 85/100 |
Search Intent Cockpit
Discover Downtown Franklin Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Discover Downtown Franklin Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Discover Downtown Franklin Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $208K and expenses of $213K.
Revenue and Expenses
Discover Downtown Franklin Inc reported $208K in revenue and $213K in expenses, a deficit of $5K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is Discover Downtown Franklin Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $181K (85%) |
Across stored filings, Discover Downtown Franklin Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Sigma Kappa Sorority | Indiana and Community Improvement context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Franklin, IN nonprofitsCommunity Improvement in Indiana
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Follow the Money
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Next Best Actions
Keep the Investigation Moving
Discover Downtown Franklin Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Discover Downtown Franklin Inc
Discover Downtown Franklin Inc (EIN: 201392553) is a nonprofit organization based in Franklin, IN, classified under NTEE code S20. The organization reported total revenue of $311K and total assets of $174K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Discover Downtown Franklin Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Discover Downtown Franklin Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $208K |
| Total Expenses | $213K |
| Surplus / Deficit | $-4,702 |
| Total Assets | $163K |
| Total Liabilities | $399 |
| Net Assets | $163K |
| Operating Margin | -2.3% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 9.2 months |
Financial Health Grade: B
In 2023, Discover Downtown Franklin Inc reported a deficit of $5K with expenses exceeding revenue, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Discover Downtown Franklin Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.1% | -2.7% | -3.0% |
| 2022 | +48.2% | +36.1% | +16.8% |
| 2021 | +1.5% | +11.6% | -11.0% |
| 2020 | +0.8% | -9.9% | +12.0% |
| 2019 | +2.0% | +50.7% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Discover Downtown Franklin 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, Discover Downtown Franklin 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 deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Discover Downtown Franklin Inc consistently reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based or compensated through non-officer means, which is highly efficient for an organization of its size.
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 Discover Downtown Franklin Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency.
- Low liabilities relative to assets, suggesting strong financial management.
- Long and consistent history of IRS 990 filings (13 filings), demonstrating transparency.
- Stable asset base, growing from $100,979 in 201512 to $162,960 in 202312.
- Revenue growth over the past decade, indicating increasing support and activity.
Frequently Asked Questions about Discover Downtown Franklin Inc
Is Discover Downtown Franklin Inc a legitimate charity?
Discover Downtown Franklin Inc (EIN: 201392553) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $311K. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Discover Downtown Franklin Inc spend its money?
Discover Downtown Franklin Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Discover Downtown Franklin Inc tax-deductible?
Discover Downtown Franklin Inc is registered as a tax-exempt nonprofit (EIN: 201392553). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Discover Downtown Franklin Inc's spending goes to programs?
Discover Downtown Franklin Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Discover Downtown Franklin Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Discover Downtown Franklin Inc is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Discover Downtown Franklin Inc located?
Discover Downtown Franklin Inc is headquartered in Franklin, Indiana and files with the IRS under EIN 201392553. It is classified under NTEE code S20.
How many years of IRS 990 filings does Discover Downtown Franklin Inc have?
Discover Downtown Franklin 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 $311K in total revenue.
Is Discover Downtown Franklin Inc a good charity?
Based on the available financial data, Discover Downtown Franklin Inc appears to be a well-managed organization with stable finances, low liabilities, and a strong commitment to efficiency, evidenced by 0% officer compensation. This suggests a high proportion of funds are likely directed towards its mission.
How has Discover Downtown Franklin Inc's revenue trended over time?
Discover Downtown Franklin Inc has shown a general upward trend in revenue over the past decade, growing from $107,162 in 201512 to $207,997 in 202312, with a peak of $242,056 in 202212.
What is the organization's financial stability?
The organization demonstrates good financial stability, with assets consistently exceeding liabilities (e.g., $162,960 in assets vs. $399 in liabilities in 202312) and a long history of operations. While there was a slight deficit in 202312, it's minor relative to overall revenue and assets.
Filing History
IRS 990 filing history for Discover Downtown Franklin Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Discover Downtown Franklin Inc's revenue has grown by 209.3%, moving from $67K to $208K. Total assets increased by 147.8% over the same period, from $66K to $163K. Total functional expenses rose by 227.1%, from $65K to $213K. In its most recent filing year (2023), Discover Downtown Franklin Inc reported a deficit of $5K, with expenses exceeding revenue. The organization holds $399 in liabilities against $163K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $163K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $208K | $213K | $163K | $399 | — | — |
| 2022 | $242K | $219K | $168K | $809 | — | View 990 |
| 2021 | $163K | $161K | $144K | $118 | — | View 990 |
| 2020 | $161K | $144K | $162K | $505 | — | View 990 |
| 2019 | $160K | $160K | $144K | $0 | — | View 990 |
| 2018 | $157K | $106K | $145K | $931 | — | View 990 |
| 2017 | $155K | $153K | $95K | $931 | — | View 990 |
| 2016 | $127K | $135K | $92K | $1K | — | View 990 |
| 2015 | $107K | $110K | $101K | $1K | — | View 990 |
| 2014 | $152K | $113K | $103K | $1K | — | View 990 |
| 2013 | $67K | $65K | $64K | $1K | — | View 990 |
| 2012 | $72K | $75K | $63K | $2K | — | View 990 |
| 2011 | $67K | $65K | $66K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $208K, expenses of $213K, and assets of $163K (revenue -14.1% year-over-year).
- 2022: Revenue of $242K, expenses of $219K, and assets of $168K (revenue +48.2% year-over-year).
- 2021: Revenue of $163K, expenses of $161K, and assets of $144K (revenue +1.5% year-over-year).
- 2020: Revenue of $161K, expenses of $144K, and assets of $162K (revenue +0.8% year-over-year).
- 2019: Revenue of $160K, expenses of $160K, and assets of $144K (revenue +2.0% year-over-year).
- 2018: Revenue of $157K, expenses of $106K, and assets of $145K (revenue +0.9% year-over-year).
- 2017: Revenue of $155K, expenses of $153K, and assets of $95K (revenue +22.5% year-over-year).
- 2016: Revenue of $127K, expenses of $135K, and assets of $92K (revenue +18.2% year-over-year).
- 2015: Revenue of $107K, expenses of $110K, and assets of $101K (revenue -29.5% year-over-year).
- 2014: Revenue of $152K, expenses of $113K, and assets of $103K (revenue +127.8% year-over-year).
- 2013: Revenue of $67K, expenses of $65K, and assets of $64K (revenue -7.2% year-over-year).
- 2012: Revenue of $72K, expenses of $75K, and assets of $63K (revenue +7.0% year-over-year).
- 2011: Revenue of $67K, expenses of $65K, and assets of $66K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Discover Downtown Franklin Inc:
Data Sources and Methodology
This transparency report for Discover Downtown Franklin 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.