Discovery Special Improvement District Of Columbus Inc
Discovery Special Improvement District maintains stable revenue with recent asset growth, though 2023 saw expenses exceed revenue.
EIN: 203871821 · Columbus, OH · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $988K |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| Net Assets | $553K |
| Transparency Score | 85/100 |
Is Discovery Special Improvement District Of Columbus Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Discovery Special Improvement District Of Columbus Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Discovery Special Improvement District Of Columbus Inc
Discovery Special Improvement District Of Columbus Inc (EIN: 203871821) is a nonprofit organization based in Columbus, OH, classified under NTEE code S20. The organization reported total revenue of $988K and total assets of $388K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Discovery Special Improvement District Of Columbus Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Discovery Special Improvement District Of Columbus 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 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $978K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-106,495 |
| Total Assets | $553K |
| Net Assets | $553K |
| Operating Margin | -10.9% |
| Months of Reserves | 6.1 months |
Financial Health Grade: B
In 2023, Discovery Special Improvement District Of Columbus Inc reported a deficit of $106K with expenses exceeding revenue, holds 6.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Discovery Special Improvement District Of Columbus Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.6% | +28.9% | -16.1% |
| 2022 | -5.3% | +15.5% | +22.4% |
| 2021 | +19.9% | -2.1% | +115.0% |
| 2020 | +0.5% | -23.9% | +70.4% |
| 2019 | -0.2% | +19.7% | -47.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| 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 Discovery Special Improvement District Of Columbus 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, Discovery Special Improvement District Of Columbus 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 $106K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated through a different mechanism not reported as officer compensation, which is a positive for direct program spending.
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.
Red Flags
The following concerns were identified during AI analysis of Discovery Special Improvement District Of Columbus Inc's IRS 990 filings:
- Expenses exceeded revenue in 2023 by over $100,000, a significant deficit compared to prior years' surpluses.
Strengths
The following positive indicators were identified for Discovery Special Improvement District Of Columbus Inc:
- Consistent reporting of $0 liabilities across all filings, indicating strong financial health and no debt burden.
- Consistent 0% officer compensation, suggesting efficient use of funds for programmatic activities.
- Significant asset growth from $147,048 in 2019 to $553,262 in 2023, strengthening the organization's financial position.
- Stable revenue stream, generally between $800,000 and $1 million, indicating consistent operational capacity.
Frequently Asked Questions about Discovery Special Improvement District Of Columbus Inc
Is Discovery Special Improvement District Of Columbus Inc a legitimate charity?
Discovery Special Improvement District Of Columbus Inc (EIN: 203871821) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $988K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Discovery Special Improvement District Of Columbus Inc spend its money?
Discovery Special Improvement District Of Columbus Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Discovery Special Improvement District Of Columbus Inc tax-deductible?
Discovery Special Improvement District Of Columbus Inc is registered as a tax-exempt nonprofit (EIN: 203871821). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Discovery Special Improvement District Of Columbus Inc's spending goes to programs?
Discovery Special Improvement District Of Columbus Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Discovery Special Improvement District Of Columbus Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Discovery Special Improvement District Of Columbus 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 Discovery Special Improvement District Of Columbus Inc located?
Discovery Special Improvement District Of Columbus Inc is headquartered in Columbus, Ohio and files with the IRS under EIN 203871821. It is classified under NTEE code S20.
How many years of IRS 990 filings does Discovery Special Improvement District Of Columbus Inc have?
Discovery Special Improvement District Of Columbus 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 $988K in total revenue.
How does Discovery Special Improvement District Of Columbus Inc fund its operations given the consistent 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be volunteer-based or compensated through a management agreement not categorized as officer compensation on the 990. This structure can allow more funds to be directed towards programs.
What caused the significant increase in expenses in 2023 ($1,084,987) compared to previous years, leading to a deficit?
The 2023 filing shows expenses of $1,084,987, exceeding revenue by over $100,000. This is a notable increase from $842,024 in 2022 and $728,763 in 2021, and warrants further review of the detailed expense breakdown in the full 990 to understand the specific drivers.
What is the nature of the 'Special Improvement District' and how does it generate its revenue?
As a Special Improvement District (SID), its revenue likely comes from assessments on properties within its designated area, rather than traditional donations or grants. This provides a stable and predictable funding source.
Filing History
IRS 990 filing history for Discovery Special Improvement District Of Columbus Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Discovery Special Improvement District Of Columbus Inc's revenue has grown by 35.6%, moving from $722K to $978K. Total assets increased by 111.4% over the same period, from $262K to $553K. Total functional expenses rose by 65%, from $658K to $1.1M. In its most recent filing year (2023), Discovery Special Improvement District Of Columbus Inc reported a deficit of $106K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $978K | $1.1M | $553K | $0 | — | — |
| 2022 | $963K | $842K | $660K | $0 | — | View 990 |
| 2021 | $1.0M | $729K | $539K | $0 | — | View 990 |
| 2020 | $848K | $744K | $251K | $0 | — | View 990 |
| 2019 | $844K | $979K | $147K | $0 | — | View 990 |
| 2018 | $846K | $818K | $282K | $0 | — | View 990 |
| 2017 | $837K | $811K | $254K | $0 | — | View 990 |
| 2016 | $835K | $841K | $229K | $0 | — | View 990 |
| 2015 | $714K | $769K | $235K | $0 | — | View 990 |
| 2014 | $723K | $749K | $297K | $0 | — | View 990 |
| 2013 | $735K | $724K | $323K | $0 | — | View 990 |
| 2012 | $730K | $679K | $313K | $0 | — | View 990 |
| 2011 | $722K | $658K | $262K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $978K, expenses of $1.1M, and assets of $553K (revenue +1.6% year-over-year).
- 2022: Revenue of $963K, expenses of $842K, and assets of $660K (revenue -5.3% year-over-year).
- 2021: Revenue of $1.0M, expenses of $729K, and assets of $539K (revenue +19.9% year-over-year).
- 2020: Revenue of $848K, expenses of $744K, and assets of $251K (revenue +0.5% year-over-year).
- 2019: Revenue of $844K, expenses of $979K, and assets of $147K (revenue -0.2% year-over-year).
- 2018: Revenue of $846K, expenses of $818K, and assets of $282K (revenue +1.0% year-over-year).
- 2017: Revenue of $837K, expenses of $811K, and assets of $254K (revenue +0.3% year-over-year).
- 2016: Revenue of $835K, expenses of $841K, and assets of $229K (revenue +17.0% year-over-year).
- 2015: Revenue of $714K, expenses of $769K, and assets of $235K (revenue -1.3% year-over-year).
- 2014: Revenue of $723K, expenses of $749K, and assets of $297K (revenue -1.6% year-over-year).
- 2013: Revenue of $735K, expenses of $724K, and assets of $323K (revenue +0.7% year-over-year).
- 2012: Revenue of $730K, expenses of $679K, and assets of $313K (revenue +1.2% year-over-year).
- 2011: Revenue of $722K, expenses of $658K, and assets of $262K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Discovery Special Improvement District Of Columbus Inc:
Data Sources and Methodology
This transparency report for Discovery Special Improvement District Of Columbus 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.