Discovery Place
EIN: 237204898 · Thief Rvr Fls, MN · NTEE: P33Z
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $669K |
| Net Assets | $637K |
Is Discovery Place Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Discovery Place
Discovery Place (EIN: 237204898) is a nonprofit organization based in Thief Rvr Fls, MN, classified under NTEE code P33Z. The organization reported total revenue of $1.8M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Discovery Place's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Discovery Place is a mid-size nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $726K |
| Total Expenses | $669K |
| Surplus / Deficit | +$57K |
| Total Assets | $682K |
| Total Liabilities | $44K |
| Net Assets | $637K |
| Operating Margin | 7.9% |
| Debt-to-Asset Ratio | 6.5% |
| Months of Reserves | 12.2 months |
Financial Health Grade: A
In 2023, Discovery Place reported a surplus of $57K with revenue exceeding expenses, holds 12.2 months of operating reserves (strong position), has a debt-to-asset ratio of 6.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Discovery Place's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.4% | +9.3% | +16.9% |
| 2022 | -6.2% | +11.7% | +24.2% |
| 2021 | +37.7% | +11.4% | +41.2% |
| 2020 | -2.8% | -3.5% | +72.8% |
| 2019 | +2.7% | -6.6% | +45.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Discovery Place 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 Discovery Place 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 surplus of $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.5%.
Frequently Asked Questions about Discovery Place
Is Discovery Place a legitimate charity?
Based on AI analysis of IRS 990 filings, Discovery Place (EIN: 237204898) insufficient data. 0 red flags identified, 0 strengths noted.
How does Discovery Place spend its money?
Detailed spending breakdown data is not yet available for Discovery Place. Check back for updated IRS 990 analysis.
Are donations to Discovery Place tax-deductible?
Discovery Place is registered as a tax-exempt nonprofit (EIN: 237204898). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Discovery Place located?
Discovery Place is headquartered in Thief Rvr Fls, Minnesota and files with the IRS under EIN 237204898. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Discovery Place have?
Discovery Place 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Discovery Place showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Discovery Place's revenue has grown by 50.3%, moving from $483K to $726K. Total assets increased by 334% over the same period, from $157K to $682K. Total functional expenses rose by 40.2%, from $477K to $669K. In its most recent filing year (2023), Discovery Place reported a surplus of $57K, with revenue exceeding expenses. The organization holds $44K in liabilities against $682K in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $637K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $726K | $669K | $682K | $44K | — | View 990 |
| 2022 | $723K | $611K | $583K | $3K | — | View 990 |
| 2021 | $771K | $547K | $470K | $844 | — | View 990 |
| 2020 | $560K | $492K | $333K | $87K | — | View 990 |
| 2019 | $576K | $509K | $192K | $15K | — | View 990 |
| 2018 | $561K | $545K | $132K | $21K | — | View 990 |
| 2017 | $559K | $547K | $233K | $32K | — | View 990 |
| 2016 | $586K | $552K | $228K | $39K | — | View 990 |
| 2015 | $546K | $521K | $188K | $33K | — | View 990 |
| 2014 | $513K | $508K | $160K | $30K | — | View 990 |
| 2013 | $496K | $497K | $151K | $25K | — | View 990 |
| 2012 | $501K | $512K | $156K | $30K | — | View 990 |
| 2011 | $483K | $477K | $157K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $726K, expenses of $669K, and assets of $682K (revenue +0.4% year-over-year).
- 2022: Revenue of $723K, expenses of $611K, and assets of $583K (revenue -6.2% year-over-year).
- 2021: Revenue of $771K, expenses of $547K, and assets of $470K (revenue +37.7% year-over-year).
- 2020: Revenue of $560K, expenses of $492K, and assets of $333K (revenue -2.8% year-over-year).
- 2019: Revenue of $576K, expenses of $509K, and assets of $192K (revenue +2.7% year-over-year).
- 2018: Revenue of $561K, expenses of $545K, and assets of $132K (revenue +0.3% year-over-year).
- 2017: Revenue of $559K, expenses of $547K, and assets of $233K (revenue -4.7% year-over-year).
- 2016: Revenue of $586K, expenses of $552K, and assets of $228K (revenue +7.4% year-over-year).
- 2015: Revenue of $546K, expenses of $521K, and assets of $188K (revenue +6.3% year-over-year).
- 2014: Revenue of $513K, expenses of $508K, and assets of $160K (revenue +3.4% year-over-year).
- 2013: Revenue of $496K, expenses of $497K, and assets of $151K (revenue -0.9% year-over-year).
- 2012: Revenue of $501K, expenses of $512K, and assets of $156K (revenue +3.7% year-over-year).
- 2011: Revenue of $483K, expenses of $477K, and assets of $157K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Discovery Place:
Data Sources and Methodology
This transparency report for Discovery Place 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.