Downtown Mobile District Management Corporation
Downtown Mobile District Management Corporation maintains stable finances with no reported officer compensation.
EIN: 203052636 · Mobile, AL · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.0M |
| Program Spending | 90% |
| Net Assets | $889K |
| Transparency Score | 85/100 |
Is Downtown Mobile District Management Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Downtown Mobile District Management Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Downtown Mobile District Management Corporation
Downtown Mobile District Management Corporation (EIN: 203052636) is a nonprofit organization based in Mobile, AL, classified under NTEE code S20. The organization reported total revenue of $2.3M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Mobile District Management Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downtown Mobile District Management Corporation is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-4,911 |
| Total Assets | $1.2M |
| Total Liabilities | $278K |
| Net Assets | $889K |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 23.8% |
| Months of Reserves | 7.0 months |
Financial Health Grade: B
In 2023, Downtown Mobile District Management Corporation reported a deficit of $5K with expenses exceeding revenue, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 23.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Downtown Mobile District Management Corporation's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.1% | +1.4% | +9.4% |
| 2022 | +8.9% | +13.1% | +1.7% |
| 2021 | +5.2% | -3.1% | +9.2% |
| 2020 | -6.8% | +14.1% | -30.2% |
| 2019 | -13.5% | -3.1% | +29.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Downtown Mobile District Management Corporation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Downtown Mobile District Management Corporation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual and suggests a volunteer-led or externally compensated leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Downtown Mobile District Management Corporation's IRS 990 filings:
- Consistent small deficits in some operating periods
- Lack of detailed program spending breakdown in provided data
Strengths
The following positive indicators were identified for Downtown Mobile District Management Corporation:
- Consistent 0% officer compensation reported
- Stable revenue and expense trends over a decade
- Steady growth in assets over time
- Low liabilities relative to assets in most periods
Frequently Asked Questions about Downtown Mobile District Management Corporation
Is Downtown Mobile District Management Corporation a legitimate charity?
Downtown Mobile District Management Corporation (EIN: 203052636) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.3M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Downtown Mobile District Management Corporation spend its money?
Downtown Mobile District Management Corporation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Downtown Mobile District Management Corporation tax-deductible?
Downtown Mobile District Management Corporation is registered as a tax-exempt nonprofit (EIN: 203052636). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Downtown Mobile District Management Corporation's spending goes to programs?
Downtown Mobile District Management Corporation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Downtown Mobile District Management Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Downtown Mobile District Management Corporation is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Downtown Mobile District Management Corporation located?
Downtown Mobile District Management Corporation is headquartered in Mobile, Alabama and files with the IRS under EIN 203052636. It is classified under NTEE code S20.
How many years of IRS 990 filings does Downtown Mobile District Management Corporation have?
Downtown Mobile District Management Corporation has 13 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 $2.3M in total revenue.
How does the organization manage its leadership without direct officer compensation?
The consistent reporting of 0% officer compensation suggests that leadership may be volunteer-based, compensated through other entities, or that the organization's structure does not involve direct salary payments to officers from its own funds. Further investigation into their operational model would be beneficial.
What are the specific programs funded by the Downtown Mobile District Management Corporation?
The provided data does not detail specific programs. To understand the impact of their spending, one would need to review the full IRS 990 forms, particularly Schedule O, which often describes program service accomplishments.
Is the organization's slight deficit in some years a concern?
While some years show expenses slightly exceeding revenue (e.g., 2023: $2,011,110 expenses vs. $2,006,199 revenue), these deficits are generally small relative to total revenue and assets. This could indicate strategic spending or minor operational fluctuations rather than significant financial distress, especially given the overall asset growth.
Filing History
IRS 990 filing history for Downtown Mobile District Management Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Downtown Mobile District Management Corporation's revenue has grown by 47.4%, moving from $1.4M to $2.0M. Total assets increased by 85.5% over the same period, from $629K to $1.2M. Total functional expenses rose by 55%, from $1.3M to $2.0M. In its most recent filing year (2023), Downtown Mobile District Management Corporation reported a deficit of $5K, with expenses exceeding revenue. The organization holds $278K in liabilities against $1.2M in assets (debt-to-asset ratio: 23.8%), resulting in net assets of $889K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.0M | $1.2M | $278K | — | View 990 |
| 2022 | $1.9M | $2.0M | $1.1M | $299K | — | — |
| 2021 | $1.7M | $1.8M | $1.0M | $270K | — | View 990 |
| 2020 | $1.6M | $1.8M | $960K | $178K | — | — |
| 2019 | $1.7M | $1.6M | $1.4M | $405K | — | View 990 |
| 2018 | $2.0M | $1.6M | $1.1M | $247K | — | View 990 |
| 2017 | $1.5M | $1.6M | $860K | $419K | — | View 990 |
| 2016 | $1.3M | $1.5M | $884K | $307K | — | View 990 |
| 2015 | $1.5M | $1.4M | $813K | $120K | — | View 990 |
| 2014 | $1.4M | $1.3M | $917K | $390K | — | View 990 |
| 2013 | $1.4M | $1.2M | $600K | $135K | — | View 990 |
| 2012 | $1.3M | $1.3M | $659K | $362K | — | View 990 |
| 2011 | $1.4M | $1.3M | $629K | $285K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.0M, and assets of $1.2M (revenue +8.1% year-over-year).
- 2022: Revenue of $1.9M, expenses of $2.0M, and assets of $1.1M (revenue +8.9% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.8M, and assets of $1.0M (revenue +5.2% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.8M, and assets of $960K (revenue -6.8% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.6M, and assets of $1.4M (revenue -13.5% year-over-year).
- 2018: Revenue of $2.0M, expenses of $1.6M, and assets of $1.1M (revenue +37.7% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.6M, and assets of $860K (revenue +8.2% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.5M, and assets of $884K (revenue -11.2% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.4M, and assets of $813K (revenue +8.4% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.3M, and assets of $917K (revenue +1.2% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.2M, and assets of $600K (revenue +10.5% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $659K (revenue -7.9% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.3M, and assets of $629K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downtown Mobile District Management Corporation:
Data Sources and Methodology
This transparency report for Downtown Mobile District Management Corporation 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.