Downtown Community Benefit District
EIN: 611947643 · San Francisco, CA · NTEE: C12
| Metric | Value |
|---|---|
| Total Revenue | $5.5M |
| Total Expenses | $5.0M |
| Net Assets | $5.4M |
Is Downtown Community Benefit District Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Downtown Community Benefit District
Downtown Community Benefit District (EIN: 611947643) is a nonprofit organization based in San Francisco, CA, classified under NTEE code C12. The organization reported total revenue of $5.5M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Community Benefit District's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downtown Community Benefit District is a mid-size nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.0M |
| Total Expenses | $5.0M |
| Surplus / Deficit | $-46,312 |
| Total Assets | $6.1M |
| Total Liabilities | $708K |
| Net Assets | $5.4M |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 11.6% |
| Months of Reserves | 14.6 months |
Financial Health Grade: B
In 2023, Downtown Community Benefit District reported a deficit of $46K with expenses exceeding revenue, holds 14.6 months of operating reserves (strong position), has a debt-to-asset ratio of 11.6% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Downtown Community Benefit District's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.5% | +12.1% | +4.8% |
| 2022 | +0.4% | +173.7% | -7.3% |
| 2021 | +3.6% | +379.4% | +68.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Downtown Community Benefit District 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 Community Benefit District 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 $46K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.6%.
Frequently Asked Questions about Downtown Community Benefit District
Is Downtown Community Benefit District a legitimate charity?
Based on AI analysis of IRS 990 filings, Downtown Community Benefit District (EIN: 611947643) insufficient data. 0 red flags identified, 0 strengths noted.
How does Downtown Community Benefit District spend its money?
Detailed spending breakdown data is not yet available for Downtown Community Benefit District. Check back for updated IRS 990 analysis.
Are donations to Downtown Community Benefit District tax-deductible?
Downtown Community Benefit District is registered as a tax-exempt nonprofit (EIN: 611947643). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Downtown Community Benefit District located?
Downtown Community Benefit District is headquartered in San Francisco, California and files with the IRS under EIN 611947643. It is classified under NTEE code C12.
How many years of IRS 990 filings does Downtown Community Benefit District have?
Downtown Community Benefit District has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $5.5M in total revenue.
Filing History
IRS 990 filing history for Downtown Community Benefit District showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Downtown Community Benefit District's revenue has grown by 28.5%, moving from $3.9M to $5.0M. Total assets increased by 63.7% over the same period, from $3.7M to $6.1M. Total functional expenses rose by 1370.3%, from $341K to $5.0M. In its most recent filing year (2023), Downtown Community Benefit District reported a deficit of $46K, with expenses exceeding revenue. The organization holds $708K in liabilities against $6.1M in assets (debt-to-asset ratio: 11.6%), resulting in net assets of $5.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.0M | $5.0M | $6.1M | $708K | — | View 990 |
| 2022 | $4.0M | $4.5M | $5.8M | $381K | — | View 990 |
| 2021 | $4.0M | $1.6M | $6.3M | $391K | — | View 990 |
| 2020 | $3.9M | $341K | $3.7M | $204K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.0M, expenses of $5.0M, and assets of $6.1M (revenue +23.5% year-over-year).
- 2022: Revenue of $4.0M, expenses of $4.5M, and assets of $5.8M (revenue +0.4% year-over-year).
- 2021: Revenue of $4.0M, expenses of $1.6M, and assets of $6.3M (revenue +3.6% year-over-year).
- 2020: Revenue of $3.9M, expenses of $341K, and assets of $3.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downtown Community Benefit District:
Data Sources and Methodology
This transparency report for Downtown Community Benefit District 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.