Downtown Brookings Inc
EIN: 460458218 · Brookings, SD · NTEE: N20
| Metric | Value |
|---|---|
| Total Expenses | $66K |
| Net Assets | $75K |
Is Downtown Brookings Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Downtown Brookings Inc
Downtown Brookings Inc (EIN: 460458218) is a nonprofit organization based in Brookings, SD, classified under NTEE code N20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Brookings Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downtown Brookings Inc is a micro nonprofit that has been operating for 24 years, with 4 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 19.0%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $59K |
| Total Expenses | $66K |
| Surplus / Deficit | $-6,890 |
| Total Assets | $75K |
| Net Assets | $75K |
| Operating Margin | -11.7% |
| Months of Reserves | 13.6 months |
Financial Health Grade: B
In 2016, Downtown Brookings Inc reported a deficit of $7K with expenses exceeding revenue, holds 13.6 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2011–2016), Downtown Brookings Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +36.3% | +7.2% | -16.0% |
| 2013 | +27.7% | +39.6% | -16.2% |
| 2012 | +37.0% | -4.6% | -11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Downtown Brookings Inc 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 Downtown Brookings Inc 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
Frequently Asked Questions about Downtown Brookings Inc
Is Downtown Brookings Inc a legitimate charity?
Downtown Brookings Inc (EIN: 460458218) is a registered tax-exempt nonprofit based in South Dakota. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Downtown Brookings Inc spend its money?
Downtown Brookings Inc reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Downtown Brookings Inc tax-deductible?
Downtown Brookings Inc is registered as a tax-exempt nonprofit (EIN: 460458218). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Downtown Brookings Inc located?
Downtown Brookings Inc is headquartered in Brookings, South Dakota and files with the IRS under EIN 460458218. It is classified under NTEE code N20.
How many years of IRS 990 filings does Downtown Brookings Inc have?
Downtown Brookings Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Downtown Brookings Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2016), Downtown Brookings Inc's revenue has grown by 138.4%, moving from $25K to $59K. Total assets decreased by 37.7% over the same period, from $120K to $75K. Total functional expenses rose by 42.8%, from $46K to $66K. In its most recent filing year (2016), Downtown Brookings Inc reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $59K | $66K | $75K | $0 | — | — |
| 2013 | $43K | $61K | $89K | $3K | — | View 990 |
| 2012 | $34K | $44K | $106K | $1K | — | View 990 |
| 2011 | $25K | $46K | $120K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $59K, expenses of $66K, and assets of $75K (revenue +36.3% year-over-year).
- 2013: Revenue of $43K, expenses of $61K, and assets of $89K (revenue +27.7% year-over-year).
- 2012: Revenue of $34K, expenses of $44K, and assets of $106K (revenue +37.0% year-over-year).
- 2011: Revenue of $25K, expenses of $46K, and assets of $120K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downtown Brookings Inc:
Data Sources and Methodology
This transparency report for Downtown Brookings 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.