Double Bowler Properties Corp
EIN: 471335210 · Beavercreek, OH · NTEE: B114
Is Double Bowler Properties Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Double Bowler Properties Corp
Double Bowler Properties Corp (EIN: 471335210) is a nonprofit organization based in Beavercreek, OH, classified under NTEE code B114. The organization reported total revenue of $1.2M and total assets of $10.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Double Bowler Properties Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Double Bowler Properties Corp is a mid-size nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-456,020 |
| Total Assets | $10.5M |
| Total Liabilities | $9.8M |
| Net Assets | $684K |
| Operating Margin | -40.6% |
| Debt-to-Asset Ratio | 93.5% |
| Months of Reserves | 80.0 months |
Financial Health Grade: C
In 2023, Double Bowler Properties Corp reported a deficit of $456K with expenses exceeding revenue, holds 80.0 months of operating reserves (strong position), has a debt-to-asset ratio of 93.5% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), Double Bowler Properties Corp's revenue has declined at a compound annual growth rate (CAGR) of -10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.6% | +5.6% | -5.3% |
| 2022 | -3.9% | -1.6% | -2.7% |
| 2021 | -1.0% | -2.4% | -21.2% |
| 2020 | -14.9% | -8.1% | -2.3% |
| 2019 | +2.0% | +8.0% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Double Bowler Properties Corp 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 Double Bowler Properties Corp 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 $456K, with expenses exceeding revenue.
- Debt-to-asset ratio: 93.5%.
Frequently Asked Questions about Double Bowler Properties Corp
Is Double Bowler Properties Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Double Bowler Properties Corp (EIN: 471335210) insufficient data. 0 red flags identified, 0 strengths noted.
How does Double Bowler Properties Corp spend its money?
Detailed spending breakdown data is not yet available for Double Bowler Properties Corp. Check back for updated IRS 990 analysis.
Are donations to Double Bowler Properties Corp tax-deductible?
Double Bowler Properties Corp is registered as a tax-exempt nonprofit (EIN: 471335210). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Double Bowler Properties Corp showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Double Bowler Properties Corp's revenue has declined by 57.3%, moving from $2.6M to $1.1M. Total assets decreased by 28.8% over the same period, from $14.8M to $10.5M. Total functional expenses rose by 54.7%, from $1.0M to $1.6M. In its most recent filing year (2023), Double Bowler Properties Corp reported a deficit of $456K, with expenses exceeding revenue. The organization holds $9.8M in liabilities against $10.5M in assets (debt-to-asset ratio: 93.5%), resulting in net assets of $684K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.6M | $10.5M | $9.8M | — | — |
| 2022 | $1.5M | $1.5M | $11.1M | $10.0M | — | View 990 |
| 2021 | $1.6M | $1.5M | $11.4M | $10.3M | — | View 990 |
| 2020 | $1.6M | $1.6M | $14.5M | $11.9M | — | View 990 |
| 2019 | $1.8M | $1.7M | $14.8M | $12.2M | — | View 990 |
| 2018 | $1.8M | $1.6M | $16.0M | $13.3M | — | View 990 |
| 2017 | $2.2M | $1.5M | $14.4M | $11.9M | — | View 990 |
| 2016 | $2.1M | $1.8M | $14.4M | $12.5M | — | View 990 |
| 2015 | $2.6M | $1.0M | $14.8M | $13.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.6M, and assets of $10.5M (revenue -24.6% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $11.1M (revenue -3.9% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.5M, and assets of $11.4M (revenue -1.0% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.6M, and assets of $14.5M (revenue -14.9% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.7M, and assets of $14.8M (revenue +2.0% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.6M, and assets of $16.0M (revenue -16.8% year-over-year).
- 2017: Revenue of $2.2M, expenses of $1.5M, and assets of $14.4M (revenue +3.9% year-over-year).
- 2016: Revenue of $2.1M, expenses of $1.8M, and assets of $14.4M (revenue -20.5% year-over-year).
- 2015: Revenue of $2.6M, expenses of $1.0M, and assets of $14.8M.
Data Sources and Methodology
This transparency report for Double Bowler Properties Corp 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.