Downtown Hutchinson Revitalization Partnership Inc
EIN: 237024020 · Hutchinson, KS
| Metric | Value |
|---|---|
| Total Revenue | $108K |
| Total Expenses | $248K |
| Net Assets | $224K |
Is Downtown Hutchinson Revitalization Partnership 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 Hutchinson Revitalization Partnership Inc
Downtown Hutchinson Revitalization Partnership Inc (EIN: 237024020) is a nonprofit organization based in Hutchinson, KS. The organization reported total revenue of $108K and total assets of $238K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Hutchinson Revitalization Partnership Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downtown Hutchinson Revitalization Partnership Inc is a small nonprofit that has been operating for 56 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $242K |
| Total Expenses | $248K |
| Surplus / Deficit | $-6,113 |
| Total Assets | $251K |
| Total Liabilities | $27K |
| Net Assets | $224K |
| Operating Margin | -2.5% |
| Debt-to-Asset Ratio | 10.7% |
| Months of Reserves | 12.2 months |
Financial Health Grade: B
In 2023, Downtown Hutchinson Revitalization Partnership Inc reported a deficit of $6K with expenses exceeding revenue, holds 12.2 months of operating reserves (strong position), has a debt-to-asset ratio of 10.7% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Downtown Hutchinson Revitalization Partnership Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +117256.8% | +2158.1% | +7.1% |
| 2020 | -96.5% | +49.0% | +462.2% |
| 2019 | -87.4% | -85.6% | +11.4% |
| 2018 | -4.3% | -15.4% | -11.7% |
| 2017 | -25.3% | -17.0% | -22.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1970 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Downtown Hutchinson Revitalization Partnership 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 Hutchinson Revitalization Partnership 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.7%.
Frequently Asked Questions about Downtown Hutchinson Revitalization Partnership Inc
Is Downtown Hutchinson Revitalization Partnership Inc a legitimate charity?
Downtown Hutchinson Revitalization Partnership Inc (EIN: 237024020) is a registered tax-exempt nonprofit based in Kansas. It has 10 years of IRS 990 filings on record. Total revenue: $108K. No red flags identified. Financial health grade: B.
How does Downtown Hutchinson Revitalization Partnership Inc spend its money?
Downtown Hutchinson Revitalization Partnership Inc reported $108K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Downtown Hutchinson Revitalization Partnership Inc tax-deductible?
Downtown Hutchinson Revitalization Partnership Inc is registered as a tax-exempt nonprofit (EIN: 237024020). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Downtown Hutchinson Revitalization Partnership Inc located?
Downtown Hutchinson Revitalization Partnership Inc is headquartered in Hutchinson, Kansas and files with the IRS under EIN 237024020.
How many years of IRS 990 filings does Downtown Hutchinson Revitalization Partnership Inc have?
Downtown Hutchinson Revitalization Partnership Inc has 10 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 $108K in total revenue.
Filing History
IRS 990 filing history for Downtown Hutchinson Revitalization Partnership Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Downtown Hutchinson Revitalization Partnership Inc's revenue has grown by 315.1%, moving from $58K to $242K. Total assets increased by 456.4% over the same period, from $45K to $251K. Total functional expenses rose by 191.9%, from $85K to $248K. In its most recent filing year (2023), Downtown Hutchinson Revitalization Partnership Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $27K in liabilities against $251K in assets (debt-to-asset ratio: 10.7%), resulting in net assets of $224K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $242K | $248K | $251K | $27K | — | — |
| 2020 | $206 | $11K | $234K | $8K | — | View 990 |
| 2019 | $6K | $7K | $42K | $6K | — | — |
| 2018 | $46K | $51K | $37K | $0 | — | View 990 |
| 2017 | $48K | $61K | $42K | $0 | — | View 990 |
| 2016 | $65K | $73K | $55K | $0 | — | View 990 |
| 2015 | $90K | $71K | $63K | $0 | — | View 990 |
| 2013 | $94K | $82K | $31K | $0 | — | View 990 |
| 2012 | $71K | $97K | $19K | $0 | — | View 990 |
| 2011 | $58K | $85K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $242K, expenses of $248K, and assets of $251K (revenue +117256.8% year-over-year).
- 2020: Revenue of $206, expenses of $11K, and assets of $234K (revenue -96.5% year-over-year).
- 2019: Revenue of $6K, expenses of $7K, and assets of $42K (revenue -87.4% year-over-year).
- 2018: Revenue of $46K, expenses of $51K, and assets of $37K (revenue -4.3% year-over-year).
- 2017: Revenue of $48K, expenses of $61K, and assets of $42K (revenue -25.3% year-over-year).
- 2016: Revenue of $65K, expenses of $73K, and assets of $55K (revenue -27.9% year-over-year).
- 2015: Revenue of $90K, expenses of $71K, and assets of $63K (revenue -4.8% year-over-year).
- 2013: Revenue of $94K, expenses of $82K, and assets of $31K (revenue +33.0% year-over-year).
- 2012: Revenue of $71K, expenses of $97K, and assets of $19K (revenue +21.9% year-over-year).
- 2011: Revenue of $58K, expenses of $85K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downtown Hutchinson Revitalization Partnership Inc:
Data Sources and Methodology
This transparency report for Downtown Hutchinson Revitalization Partnership 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.