Doniphan Economic Development Corporation
EIN: 470830573 · Doniphan, NE · NTEE: L21
| Metric | Value |
|---|---|
| Total Revenue | $226K |
| Total Expenses | $219K |
| Net Assets | $43K |
Is Doniphan Economic 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 Doniphan Economic Development Corporation
Doniphan Economic Development Corporation (EIN: 470830573) is a nonprofit organization based in Doniphan, NE, classified under NTEE code L21. The organization reported total revenue of $226K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Doniphan Economic Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Doniphan Economic Development Corporation is a small nonprofit that has been operating for 20 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $110K |
| Total Expenses | $219K |
| Surplus / Deficit | $-109,558 |
| Total Assets | $48K |
| Total Liabilities | $6K |
| Net Assets | $43K |
| Operating Margin | -99.9% |
| Debt-to-Asset Ratio | 12.1% |
| Months of Reserves | 2.7 months |
Financial Health Grade: C
In 2023, Doniphan Economic Development Corporation reported a deficit of $110K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 12.1% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Doniphan Economic Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -65.4% | +13.9% | -69.0% |
| 2022 | +222.8% | +74.4% | +367.4% |
| 2021 | -36.5% | +122.1% | +355.1% |
| 2016 | +84.4% | -82.7% | -96.3% |
| 2015 | -68.6% | +28.5% | -90.8% |
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 Analysis Pending
AI enrichment for Doniphan Economic 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 Doniphan Economic 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 $110K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.1%.
Frequently Asked Questions about Doniphan Economic Development Corporation
Is Doniphan Economic Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Doniphan Economic Development Corporation (EIN: 470830573) insufficient data. 0 red flags identified, 0 strengths noted.
How does Doniphan Economic Development Corporation spend its money?
Detailed spending breakdown data is not yet available for Doniphan Economic Development Corporation. Check back for updated IRS 990 analysis.
Are donations to Doniphan Economic Development Corporation tax-deductible?
Doniphan Economic Development Corporation is registered as a tax-exempt nonprofit (EIN: 470830573). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Doniphan Economic Development Corporation located?
Doniphan Economic Development Corporation is headquartered in Doniphan, Nebraska and files with the IRS under EIN 470830573. It is classified under NTEE code L21.
How many years of IRS 990 filings does Doniphan Economic Development Corporation have?
Doniphan Economic Development Corporation has 9 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 $226K in total revenue.
Filing History
IRS 990 filing history for Doniphan Economic Development Corporation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Doniphan Economic Development Corporation's revenue has grown by 148.9%, moving from $44K to $110K. Total assets decreased by 76.3% over the same period, from $205K to $48K. Total functional expenses rose by 311.1%, from $53K to $219K. In its most recent filing year (2023), Doniphan Economic Development Corporation reported a deficit of $110K, with expenses exceeding revenue. The organization holds $6K in liabilities against $48K in assets (debt-to-asset ratio: 12.1%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $110K | $219K | $48K | $6K | — | — |
| 2022 | $317K | $193K | $156K | $4K | — | View 990 |
| 2021 | $98K | $110K | $33K | $6K | — | View 990 |
| 2016 | $154K | $50K | $7K | $144 | — | View 990 |
| 2015 | $84K | $288K | $200K | $297K | — | View 990 |
| 2014 | $267K | $224K | $2.2M | $2.1M | — | View 990 |
| 2013 | $199K | $124K | $2.1M | $2.1M | — | View 990 |
| 2012 | $123K | $51K | $455K | $466K | — | View 990 |
| 2011 | $44K | $53K | $205K | $288K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $110K, expenses of $219K, and assets of $48K (revenue -65.4% year-over-year).
- 2022: Revenue of $317K, expenses of $193K, and assets of $156K (revenue +222.8% year-over-year).
- 2021: Revenue of $98K, expenses of $110K, and assets of $33K (revenue -36.5% year-over-year).
- 2016: Revenue of $154K, expenses of $50K, and assets of $7K (revenue +84.4% year-over-year).
- 2015: Revenue of $84K, expenses of $288K, and assets of $200K (revenue -68.6% year-over-year).
- 2014: Revenue of $267K, expenses of $224K, and assets of $2.2M (revenue +33.8% year-over-year).
- 2013: Revenue of $199K, expenses of $124K, and assets of $2.1M (revenue +61.4% year-over-year).
- 2012: Revenue of $123K, expenses of $51K, and assets of $455K (revenue +180.1% year-over-year).
- 2011: Revenue of $44K, expenses of $53K, and assets of $205K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Doniphan Economic Development Corporation:
Data Sources and Methodology
This transparency report for Doniphan Economic 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.