Downtown Association Of Yakima
Downtown Association Of Yakima shows consistent revenue growth and zero officer compensation.
EIN: 202578831 · Yakima, WA · NTEE: W99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $752K |
| Total Expenses | $598K |
| Program Spending | 80% |
| Net Assets | $470K |
| Transparency Score | 90/100 |
Is Downtown Association Of Yakima Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Downtown Association Of Yakima directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Downtown Association Of Yakima
Downtown Association Of Yakima (EIN: 202578831) is a nonprofit organization based in Yakima, WA, classified under NTEE code W99. The organization reported total revenue of $752K and total assets of $524K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Association Of Yakima's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downtown Association Of Yakima is a small nonprofit that has been operating for 8 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $684K |
| Total Expenses | $598K |
| Surplus / Deficit | +$86K |
| Total Assets | $470K |
| Net Assets | $470K |
| Operating Margin | 12.6% |
| Months of Reserves | 9.4 months |
Financial Health Grade: A
In 2023, Downtown Association Of Yakima reported a surplus of $86K with revenue exceeding expenses, holds 9.4 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), Downtown Association Of Yakima's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.2% | -24.2% | +22.5% |
| 2022 | +10.8% | +101.7% | -19.5% |
| 2021 | +45.4% | +15.2% | +96.3% |
| 2020 | +18.4% | -19.1% | +58.2% |
| 2019 | -10.8% | +26.0% | -5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
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 Downtown Association Of Yakima with a Mission Score of 90 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: 80%
- fundraising: 10%
According to IRS 990 filings, Downtown Association Of Yakima allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 surplus of $86K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds to programs.
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.
Strengths
The following positive indicators were identified for Downtown Association Of Yakima:
- Consistent revenue growth from $40,202 in 2012 to $684,178 in 2023.
- Zero officer compensation reported across all filings, indicating high transparency and efficient use of funds.
- Significant asset growth from $2,290 in 2012 to $470,453 in 2023.
- Absence of liabilities in recent filings (e.g., $0 in 2023 and 2022), indicating strong financial stability.
- Positive net income in most recent filing ($684,178 revenue vs. $597,692 expenses in 2023).
Frequently Asked Questions about Downtown Association Of Yakima
Is Downtown Association Of Yakima a legitimate charity?
Downtown Association Of Yakima (EIN: 202578831) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 90/100. It has 11 years of IRS 990 filings on record. Total revenue: $752K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Downtown Association Of Yakima spend its money?
Downtown Association Of Yakima directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Downtown Association Of Yakima tax-deductible?
Downtown Association Of Yakima is registered as a tax-exempt nonprofit (EIN: 202578831). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Downtown Association Of Yakima's spending goes to programs?
Downtown Association Of Yakima directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Downtown Association Of Yakima compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Downtown Association Of Yakima is above average for NTEE category W99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Downtown Association Of Yakima located?
Downtown Association Of Yakima is headquartered in Yakima, Washington and files with the IRS under EIN 202578831. It is classified under NTEE code W99.
How many years of IRS 990 filings does Downtown Association Of Yakima have?
Downtown Association Of Yakima 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 $752K in total revenue.
Is Downtown Association Of Yakima a good charity?
Based on the provided financial data, the Downtown Association Of Yakima appears to be a well-managed organization with strong financial health, consistent revenue growth, and a commitment to transparency through zero officer compensation. Their asset growth from $2,290 in 2012 to $470,453 in 2023 is particularly impressive.
How has the organization's revenue changed over time?
The organization has experienced significant revenue growth, increasing from $40,202 in 2012 to $684,178 in 2023, demonstrating substantial expansion of its operations and funding.
What is the trend in the organization's assets?
Assets have shown a strong upward trend, growing from $2,290 in 2012 to $470,453 in 2023, indicating successful accumulation of resources.
Filing History
IRS 990 filing history for Downtown Association Of Yakima showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Downtown Association Of Yakima's revenue has grown by 150.6%, moving from $273K to $684K. Total assets increased by 813.6% over the same period, from $51K to $470K. Total functional expenses rose by 129.9%, from $260K to $598K. In its most recent filing year (2023), Downtown Association Of Yakima reported a surplus of $86K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $684K | $598K | $470K | $0 | — | View 990 |
| 2022 | $699K | $789K | $384K | $0 | — | View 990 |
| 2021 | $631K | $391K | $477K | $4K | — | — |
| 2020 | $434K | $339K | $243K | $10K | — | View 990 |
| 2019 | $367K | $420K | $154K | $15K | — | View 990 |
| 2018 | $411K | $333K | $162K | $23K | — | View 990 |
| 2017 | $178K | $187K | $87K | $26K | — | View 990 |
| 2016 | $124K | $107K | $63K | $0 | — | View 990 |
| 2015 | $126K | $81K | $46K | $0 | — | View 990 |
| 2012 | $40K | $40K | $2K | $0 | — | View 990 |
| 2011 | $273K | $260K | $51K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $684K, expenses of $598K, and assets of $470K (revenue -2.2% year-over-year).
- 2022: Revenue of $699K, expenses of $789K, and assets of $384K (revenue +10.8% year-over-year).
- 2021: Revenue of $631K, expenses of $391K, and assets of $477K (revenue +45.4% year-over-year).
- 2020: Revenue of $434K, expenses of $339K, and assets of $243K (revenue +18.4% year-over-year).
- 2019: Revenue of $367K, expenses of $420K, and assets of $154K (revenue -10.8% year-over-year).
- 2018: Revenue of $411K, expenses of $333K, and assets of $162K (revenue +130.7% year-over-year).
- 2017: Revenue of $178K, expenses of $187K, and assets of $87K (revenue +43.8% year-over-year).
- 2016: Revenue of $124K, expenses of $107K, and assets of $63K (revenue -1.9% year-over-year).
- 2015: Revenue of $126K, expenses of $81K, and assets of $46K (revenue +214.0% year-over-year).
- 2012: Revenue of $40K, expenses of $40K, and assets of $2K (revenue -85.3% year-over-year).
- 2011: Revenue of $273K, expenses of $260K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downtown Association Of Yakima:
Data Sources and Methodology
This transparency report for Downtown Association Of Yakima 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.