Downcity Design
EIN: 271125644 · Providence, RI · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $453K |
| Net Assets | $1.9M |
Is Downcity Design Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Downcity Design
Downcity Design (EIN: 271125644) is a nonprofit organization based in Providence, RI, classified under NTEE code O50. The organization reported total revenue of $1.2M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downcity Design's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downcity Design is a mid-size nonprofit that has been operating for 16 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 32.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $453K |
| Surplus / Deficit | +$605K |
| Total Assets | $2.1M |
| Total Liabilities | $254K |
| Net Assets | $1.9M |
| Operating Margin | 57.2% |
| Debt-to-Asset Ratio | 11.9% |
| Months of Reserves | 56.5 months |
Financial Health Grade: A
In 2023, Downcity Design reported a surplus of $605K with revenue exceeding expenses, holds 56.5 months of operating reserves (strong position), has a debt-to-asset ratio of 11.9% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Downcity Design's revenue has grown at a compound annual growth rate (CAGR) of 32.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.8% | -13.6% | +41.7% |
| 2022 | +11.3% | +11.8% | +33.2% |
| 2021 | +46.3% | -4.1% | +44.2% |
| 2020 | +0.8% | -0.1% | +82.1% |
| 2019 | +7.5% | +20.3% | +21.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Downcity Design 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 Downcity Design 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 $605K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.9%.
Frequently Asked Questions about Downcity Design
Is Downcity Design a legitimate charity?
Downcity Design (EIN: 271125644) is a registered tax-exempt nonprofit based in Rhode Island. It has 11 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: A.
How does Downcity Design spend its money?
Downcity Design reported $1.2M in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Downcity Design tax-deductible?
Downcity Design is registered as a tax-exempt nonprofit (EIN: 271125644). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Downcity Design located?
Downcity Design is headquartered in Providence, Rhode Island and files with the IRS under EIN 271125644. It is classified under NTEE code O50.
How many years of IRS 990 filings does Downcity Design have?
Downcity Design has 11 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Downcity Design showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Downcity Design's revenue has grown by 1566.5%, moving from $63K to $1.1M. Total assets increased by 8707.3% over the same period, from $24K to $2.1M. Total functional expenses rose by 856.8%, from $47K to $453K. In its most recent filing year (2023), Downcity Design reported a surplus of $605K, with revenue exceeding expenses. The organization holds $254K in liabilities against $2.1M in assets (debt-to-asset ratio: 11.9%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $453K | $2.1M | $254K | — | — |
| 2022 | $929K | $524K | $1.5M | $229K | — | View 990 |
| 2021 | $835K | $469K | $1.1M | $259K | — | View 990 |
| 2020 | $571K | $489K | $785K | $278K | — | View 990 |
| 2019 | $566K | $490K | $431K | $6K | — | View 990 |
| 2018 | $526K | $407K | $354K | $6K | — | View 990 |
| 2017 | $397K | $325K | $234K | $5K | — | View 990 |
| 2016 | $271K | $219K | $170K | $14K | — | View 990 |
| 2015 | $248K | $178K | $108K | $4K | — | View 990 |
| 2014 | $144K | $135K | $38K | $5K | — | View 990 |
| 2013 | $63K | $47K | $24K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $453K, and assets of $2.1M (revenue +13.8% year-over-year).
- 2022: Revenue of $929K, expenses of $524K, and assets of $1.5M (revenue +11.3% year-over-year).
- 2021: Revenue of $835K, expenses of $469K, and assets of $1.1M (revenue +46.3% year-over-year).
- 2020: Revenue of $571K, expenses of $489K, and assets of $785K (revenue +0.8% year-over-year).
- 2019: Revenue of $566K, expenses of $490K, and assets of $431K (revenue +7.5% year-over-year).
- 2018: Revenue of $526K, expenses of $407K, and assets of $354K (revenue +32.5% year-over-year).
- 2017: Revenue of $397K, expenses of $325K, and assets of $234K (revenue +46.5% year-over-year).
- 2016: Revenue of $271K, expenses of $219K, and assets of $170K (revenue +9.1% year-over-year).
- 2015: Revenue of $248K, expenses of $178K, and assets of $108K (revenue +72.3% year-over-year).
- 2014: Revenue of $144K, expenses of $135K, and assets of $38K (revenue +127.0% year-over-year).
- 2013: Revenue of $63K, expenses of $47K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downcity Design:
Data Sources and Methodology
This transparency report for Downcity Design 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.