Downtown Pittsfield Inc
Downtown Pittsfield Inc: Consistent Operations, Modest Growth
EIN: 222474106 · Pittsfield, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $293K |
| Total Expenses | $239K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $86K |
| Transparency Score | 75/100 |
Is Downtown Pittsfield Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Downtown Pittsfield Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Downtown Pittsfield Inc
Downtown Pittsfield Inc (EIN: 222474106) is a nonprofit organization based in Pittsfield, MA. The organization reported total revenue of $293K and total assets of $78K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Pittsfield Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downtown Pittsfield Inc is a small nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $215K |
| Total Expenses | $239K |
| Surplus / Deficit | $-24,221 |
| Total Assets | $106K |
| Total Liabilities | $20K |
| Net Assets | $86K |
| Operating Margin | -11.3% |
| Debt-to-Asset Ratio | 18.6% |
| Months of Reserves | 5.3 months |
Financial Health Grade: B
In 2023, Downtown Pittsfield Inc reported a deficit of $24K with expenses exceeding revenue, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 18.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Downtown Pittsfield Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.4% | +25.2% | -15.8% |
| 2022 | -35.7% | +13.7% | -25.4% |
| 2021 | +67.0% | +2.7% | +66.4% |
| 2020 | -2.7% | +25.1% | -12.5% |
| 2019 | +11.7% | +2.0% | +10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1983 |
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 Pittsfield Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Downtown Pittsfield Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.6%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led organization or that key personnel are compensated through other means not reflected in these specific line items.
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 Pittsfield Inc's IRS 990 filings:
- Lack of detailed program descriptions in the provided data makes it challenging to fully evaluate programmatic effectiveness.
- Consistent '0%' compensation for key personnel might indicate reliance on external contractors or a fully volunteer board, which could pose sustainability questions if not clearly defined.
Strengths
The following positive indicators were identified for Downtown Pittsfield Inc:
- Consistent financial reporting over multiple years demonstrates good fiscal discipline.
- The organization maintains a healthy asset base relative to its revenue, indicating financial stability.
- Consistent operational expenses suggest stable management and program delivery.
Frequently Asked Questions about Downtown Pittsfield Inc
Is Downtown Pittsfield Inc a legitimate charity?
Downtown Pittsfield Inc (EIN: 222474106) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $293K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Downtown Pittsfield Inc spend its money?
Downtown Pittsfield Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Downtown Pittsfield Inc tax-deductible?
Downtown Pittsfield Inc is registered as a tax-exempt nonprofit (EIN: 222474106). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Downtown Pittsfield Inc CEO make?
Downtown Pittsfield Inc's highest-compensated officer earns $0 annually. The organization reported $293K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Downtown Pittsfield Inc's spending goes to programs?
Downtown Pittsfield Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Downtown Pittsfield Inc located?
Downtown Pittsfield Inc is headquartered in Pittsfield, Massachusetts and files with the IRS under EIN 222474106.
How many years of IRS 990 filings does Downtown Pittsfield Inc have?
Downtown Pittsfield Inc 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 $293K in total revenue.
What does Downtown Pittsfield Inc do?
Downtown Pittsfield Inc is a nonprofit organization in the Unknown sector, located in Pittsfield, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Downtown Pittsfield Inc have?
Downtown Pittsfield Inc reported total revenue of $292,768. Based on 13 IRS 990 filings on record.
What are Downtown Pittsfield Inc's total assets?
Downtown Pittsfield Inc holds total assets of $77,947 as reported in IRS 990 filings.
Where is Downtown Pittsfield Inc located?
Downtown Pittsfield Inc is based in Pittsfield, Massachusetts.
What is Downtown Pittsfield Inc's EIN?
Downtown Pittsfield Inc's Employer Identification Number (EIN) is 222474106. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Downtown Pittsfield Inc?
Downtown Pittsfield Inc is classified under NTEE code Unknown (Unknown).
Is Downtown Pittsfield Inc a registered 501(c)(3)?
Downtown Pittsfield Inc appears in IRS records (EIN: 222474106). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Downtown Pittsfield Inc file IRS Form 990?
Yes, Downtown Pittsfield Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Downtown Pittsfield Inc's revenue in 2023?
In the 202312 filing period, Downtown Pittsfield Inc reported total revenue of $214,763, total expenses of $238,984, and net assets of $105,834.
Is Downtown Pittsfield Inc's revenue growing or declining?
Downtown Pittsfield Inc's revenue is growing. Revenue went from $154,109 (202212) to $214,763 (202312), a +39.4% change. Based on 13 filings on record.
What is Downtown Pittsfield Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Downtown Pittsfield Inc covers tax period 202312. It shows revenue of $214,763, expenses of $238,984, total assets of $105,834, and liabilities of $19,649.
How much does Downtown Pittsfield Inc spend on programs vs administration?
Based on IRS 990 analysis, Downtown Pittsfield Inc allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Downtown Pittsfield Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Downtown Pittsfield Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Downtown Pittsfield Inc?
The following concerns were identified: Lack of detailed program descriptions in the provided data makes it challenging to fully evaluate programmatic effectiveness.. Consistent '0%' compensation for key personnel might indicate reliance on external contractors or a fully volunteer board, which could pose sustainability questions if not clearly defined.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Downtown Pittsfield Inc's strengths?
Positive indicators for Downtown Pittsfield Inc include: Consistent financial reporting over multiple years demonstrates good fiscal discipline.. The organization maintains a healthy asset base relative to its revenue, indicating financial stability.. Consistent operational expenses suggest stable management and program delivery.. These findings are derived from AI analysis of the organization's financial filings.
How does Downtown Pittsfield Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led organization or that key personnel are compensated through other means not reflected in these specific line items. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent '0%' executive compensation, how does Downtown Pittsfield Inc. ensure leadership continuity and professional management for its operations?
The consistent reporting of $0 for executive compensation suggests that leadership roles might be filled by volunteers or that key operational functions are outsourced. Further investigation into their organizational structure and staffing model would be necessary to understand how professional management and continuity are maintained without direct compensation for key personnel.
What specific programs or initiatives does Downtown Pittsfield Inc. undertake to achieve its mission, beyond the general financial data provided?
The provided data primarily focuses on financial metrics (revenue, expenses, assets). To understand the specific programs and initiatives, one would need to consult their annual reports, website, or program-specific filings, as the current data does not detail their programmatic activities or impact.
Filing History
IRS 990 filing history for Downtown Pittsfield Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Downtown Pittsfield Inc's revenue has grown by 73.7%, moving from $124K to $215K. Total assets increased by 667.6% over the same period, from $14K to $106K. Total functional expenses rose by 83.1%, from $131K to $239K. In its most recent filing year (2023), Downtown Pittsfield Inc reported a deficit of $24K, with expenses exceeding revenue. The organization holds $20K in liabilities against $106K in assets (debt-to-asset ratio: 18.6%), resulting in net assets of $86K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $215K | $239K | $106K | $20K | — | — |
| 2022 | $154K | $191K | $126K | $15K | — | View 990 |
| 2021 | $240K | $168K | $168K | $21K | — | — |
| 2020 | $144K | $163K | $101K | $26K | — | View 990 |
| 2019 | $147K | $131K | $116K | $20K | — | View 990 |
| 2018 | $132K | $128K | $105K | $26K | — | View 990 |
| 2017 | $123K | $113K | $79K | $5K | — | View 990 |
| 2016 | $128K | $118K | $64K | $0 | — | View 990 |
| 2015 | $144K | $114K | $54K | $0 | — | View 990 |
| 2014 | $129K | $136K | $27K | $3K | — | View 990 |
| 2013 | $168K | $165K | $45K | $14K | — | View 990 |
| 2012 | $129K | $125K | $18K | $0 | — | View 990 |
| 2011 | $124K | $131K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $215K, expenses of $239K, and assets of $106K (revenue +39.4% year-over-year).
- 2022: Revenue of $154K, expenses of $191K, and assets of $126K (revenue -35.7% year-over-year).
- 2021: Revenue of $240K, expenses of $168K, and assets of $168K (revenue +67.0% year-over-year).
- 2020: Revenue of $144K, expenses of $163K, and assets of $101K (revenue -2.7% year-over-year).
- 2019: Revenue of $147K, expenses of $131K, and assets of $116K (revenue +11.7% year-over-year).
- 2018: Revenue of $132K, expenses of $128K, and assets of $105K (revenue +7.0% year-over-year).
- 2017: Revenue of $123K, expenses of $113K, and assets of $79K (revenue -3.3% year-over-year).
- 2016: Revenue of $128K, expenses of $118K, and assets of $64K (revenue -11.3% year-over-year).
- 2015: Revenue of $144K, expenses of $114K, and assets of $54K (revenue +11.3% year-over-year).
- 2014: Revenue of $129K, expenses of $136K, and assets of $27K (revenue -23.1% year-over-year).
- 2013: Revenue of $168K, expenses of $165K, and assets of $45K (revenue +29.7% year-over-year).
- 2012: Revenue of $129K, expenses of $125K, and assets of $18K (revenue +4.7% year-over-year).
- 2011: Revenue of $124K, expenses of $131K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downtown Pittsfield Inc:
Data Sources and Methodology
This transparency report for Downtown Pittsfield 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.