Downtown Fairhope Business Assn
EIN: 371666267 · Fairhope, AL · NTEE: S41
Is Downtown Fairhope Business Assn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Downtown Fairhope Business Assn
Downtown Fairhope Business Assn (EIN: 371666267) is a nonprofit organization based in Fairhope, AL, classified under NTEE code S41. The organization reported total revenue of $66K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Fairhope Business Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Downtown Fairhope Business Assn 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 Fairhope Business Assn 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.
Frequently Asked Questions about Downtown Fairhope Business Assn
Is Downtown Fairhope Business Assn a legitimate charity?
Based on AI analysis of IRS 990 filings, Downtown Fairhope Business Assn (EIN: 371666267) insufficient data. 0 red flags identified, 0 strengths noted.
How does Downtown Fairhope Business Assn spend its money?
Detailed spending breakdown data is not yet available for Downtown Fairhope Business Assn. Check back for updated IRS 990 analysis.
Are donations to Downtown Fairhope Business Assn tax-deductible?
Downtown Fairhope Business Assn is registered as a tax-exempt nonprofit (EIN: 371666267). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Downtown Fairhope Business Assn showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Downtown Fairhope Business Assn's revenue has declined by 18.7%, moving from $73K to $59K. Total assets decreased by 50.4% over the same period, from $58K to $29K. Total functional expenses fell by 12.8%, from $64K to $56K. In its most recent filing year (2023), Downtown Fairhope Business Assn reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $59K | $56K | $29K | $0 | — | — |
| 2022 | $53K | $61K | $25K | $0 | — | View 990 |
| 2021 | $33K | $53K | $33K | $0 | — | View 990 |
| 2020 | $44K | $26K | $53K | $0 | — | — |
| 2019 | $61K | $73K | $35K | $0 | — | View 990 |
| 2018 | $64K | $70K | $48K | $0 | — | View 990 |
| 2017 | $61K | $64K | $55K | $0 | — | View 990 |
| 2016 | $73K | $64K | $58K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $59K, expenses of $56K, and assets of $29K (revenue +11.7% year-over-year).
- 2022: Revenue of $53K, expenses of $61K, and assets of $25K (revenue +59.9% year-over-year).
- 2021: Revenue of $33K, expenses of $53K, and assets of $33K (revenue -25.4% year-over-year).
- 2020: Revenue of $44K, expenses of $26K, and assets of $53K (revenue -27.1% year-over-year).
- 2019: Revenue of $61K, expenses of $73K, and assets of $35K (revenue -4.5% year-over-year).
- 2018: Revenue of $64K, expenses of $70K, and assets of $48K (revenue +4.3% year-over-year).
- 2017: Revenue of $61K, expenses of $64K, and assets of $55K (revenue -16.0% year-over-year).
- 2016: Revenue of $73K, expenses of $64K, and assets of $58K.
Data Sources and Methodology
This transparency report for Downtown Fairhope Business Assn 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.