Downtown Denville B I D
EIN: 813456639 · Denville, NJ · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $182K |
| Total Expenses | $218K |
| Net Assets | $43K |
Is Downtown Denville B I D Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Downtown Denville B I D
Downtown Denville B I D (EIN: 813456639) is a nonprofit organization based in Denville, NJ, classified under NTEE code S30. The organization reported total revenue of $182K and total assets of $35K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Denville B I D's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downtown Denville B I D is a small nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2017–2022). Revenue has grown at a compound annual rate of 10.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $222K |
| Total Expenses | $218K |
| Surplus / Deficit | +$4K |
| Total Assets | $51K |
| Total Liabilities | $8K |
| Net Assets | $43K |
| Operating Margin | 1.9% |
| Debt-to-Asset Ratio | 15.3% |
| Months of Reserves | 2.8 months |
Financial Health Grade: A
In 2022, Downtown Denville B I D reported a surplus of $4K with revenue exceeding expenses, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 15.3% (very low leverage).
Financial Trends
Over 6 years of filings (2017–2022), Downtown Denville B I D's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -5.4% | -26.7% | +8.6% |
| 2021 | -8.7% | +29.5% | -56.6% |
| 2020 | +34.2% | -4.1% | +25.3% |
| 2019 | -0.8% | +67.4% | -34.4% |
| 2018 | +45.0% | +133.3% | +70.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Downtown Denville B I D 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 Denville B I D 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.3%.
Frequently Asked Questions about Downtown Denville B I D
Is Downtown Denville B I D a legitimate charity?
Based on AI analysis of IRS 990 filings, Downtown Denville B I D (EIN: 813456639) insufficient data. 0 red flags identified, 0 strengths noted.
How does Downtown Denville B I D spend its money?
Detailed spending breakdown data is not yet available for Downtown Denville B I D. Check back for updated IRS 990 analysis.
Are donations to Downtown Denville B I D tax-deductible?
Downtown Denville B I D is registered as a tax-exempt nonprofit (EIN: 813456639). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Downtown Denville B I D located?
Downtown Denville B I D is headquartered in Denville, New Jersey and files with the IRS under EIN 813456639. It is classified under NTEE code S30.
How many years of IRS 990 filings does Downtown Denville B I D have?
Downtown Denville B I D has 6 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 $182K in total revenue.
Filing History
IRS 990 filing history for Downtown Denville B I D showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2017–2022), Downtown Denville B I D's revenue has grown by 66.8%, moving from $133K to $222K. Total assets decreased by 33.9% over the same period, from $77K to $51K. Total functional expenses rose by 255.2%, from $61K to $218K. In its most recent filing year (2022), Downtown Denville B I D reported a surplus of $4K, with revenue exceeding expenses. The organization holds $8K in liabilities against $51K in assets (debt-to-asset ratio: 15.3%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $222K | $218K | $51K | $8K | — | View 990 |
| 2021 | $235K | $297K | $47K | $8K | — | View 990 |
| 2020 | $257K | $229K | $108K | $7K | — | — |
| 2019 | $191K | $239K | $87K | $13K | — | View 990 |
| 2018 | $193K | $143K | $132K | $10K | — | View 990 |
| 2017 | $133K | $61K | $77K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $222K, expenses of $218K, and assets of $51K (revenue -5.4% year-over-year).
- 2021: Revenue of $235K, expenses of $297K, and assets of $47K (revenue -8.7% year-over-year).
- 2020: Revenue of $257K, expenses of $229K, and assets of $108K (revenue +34.2% year-over-year).
- 2019: Revenue of $191K, expenses of $239K, and assets of $87K (revenue -0.8% year-over-year).
- 2018: Revenue of $193K, expenses of $143K, and assets of $132K (revenue +45.0% year-over-year).
- 2017: Revenue of $133K, expenses of $61K, and assets of $77K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downtown Denville B I D:
Data Sources and Methodology
This transparency report for Downtown Denville B I D 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.