Downtown Redevelopment Authority Inc
EIN: 611355965 · Bowling Green, KY · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $114K |
| Total Expenses | $93K |
| Net Assets | $247K |
Is Downtown Redevelopment Authority 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 Redevelopment Authority Inc
Downtown Redevelopment Authority Inc (EIN: 611355965) is a nonprofit organization based in Bowling Green, KY, classified under NTEE code S20. The organization reported total revenue of $114K and total assets of $191K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Redevelopment Authority Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downtown Redevelopment Authority Inc is a small nonprofit that has been operating for 26 years, with 14 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -470.5% | +92.9% | -22.3% |
| 2021 | -99.2% | -60.4% | -9.3% |
| 2020 | +889.0% | +343.1% | -38.9% |
| 2019 | -34.6% | +29.0% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Downtown Redevelopment Authority 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 Redevelopment Authority 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:
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Downtown Redevelopment Authority Inc
Is Downtown Redevelopment Authority Inc a legitimate charity?
Downtown Redevelopment Authority Inc (EIN: 611355965) is a registered tax-exempt nonprofit based in Kentucky. It has 14 years of IRS 990 filings on record. Total revenue: $114K. No red flags identified. Financial health grade: B.
How does Downtown Redevelopment Authority Inc spend its money?
Downtown Redevelopment Authority Inc reported $114K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Downtown Redevelopment Authority Inc tax-deductible?
Downtown Redevelopment Authority Inc is registered as a tax-exempt nonprofit (EIN: 611355965). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Downtown Redevelopment Authority Inc located?
Downtown Redevelopment Authority Inc is headquartered in Bowling Green, Kentucky and files with the IRS under EIN 611355965. It is classified under NTEE code S20.
How many years of IRS 990 filings does Downtown Redevelopment Authority Inc have?
Downtown Redevelopment Authority Inc has 14 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 $114K in total revenue.
Filing History
IRS 990 filing history for Downtown Redevelopment Authority Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Downtown Redevelopment Authority Inc's revenue has declined by 101.1%, moving from $177K to $-2,021. Total assets decreased by 44.9% over the same period, from $450K to $248K. Total functional expenses fell by 43%, from $163K to $93K. The organization holds $960 in liabilities against $248K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $247K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-2,021 | $93K | $248K | $960 | — | — |
| 2022 | $-7,807 | $91K | $342K | $676 | — | — |
| 2021 | $2K | $47K | $441K | $229 | — | View 990 |
| 2020 | $273K | $119K | $486K | $230 | — | View 990 |
| 2019 | $28K | $27K | $796K | $464K | — | View 990 |
| 2018 | $42K | $21K | $817K | $486K | — | View 990 |
| 2017 | $31K | $19K | $780K | $471K | — | View 990 |
| 2016 | $-3,689 | $43K | $787K | $489K | — | View 990 |
| 2015 | $3K | $41K | $826K | $482K | — | View 990 |
| 2014 | $181K | $126K | $827K | $446K | — | View 990 |
| 2013 | $44K | $101K | $576K | $250K | — | View 990 |
| 2012 | $28K | $48K | $391K | $5K | — | View 990 |
| 2012 | $59K | $100K | $407K | $377 | — | View 990 |
| 2011 | $177K | $163K | $450K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-2,021, expenses of $93K, and assets of $248K.
- 2022: Revenue of $-7,807, expenses of $91K, and assets of $342K (revenue -470.5% year-over-year).
- 2021: Revenue of $2K, expenses of $47K, and assets of $441K (revenue -99.2% year-over-year).
- 2020: Revenue of $273K, expenses of $119K, and assets of $486K (revenue +889.0% year-over-year).
- 2019: Revenue of $28K, expenses of $27K, and assets of $796K (revenue -34.6% year-over-year).
- 2018: Revenue of $42K, expenses of $21K, and assets of $817K (revenue +34.3% year-over-year).
- 2017: Revenue of $31K, expenses of $19K, and assets of $780K.
- 2016: Revenue of $-3,689, expenses of $43K, and assets of $787K (revenue -208.1% year-over-year).
- 2015: Revenue of $3K, expenses of $41K, and assets of $826K (revenue -98.1% year-over-year).
- 2014: Revenue of $181K, expenses of $126K, and assets of $827K (revenue +312.8% year-over-year).
- 2013: Revenue of $44K, expenses of $101K, and assets of $576K (revenue +55.8% year-over-year).
- 2012: Revenue of $28K, expenses of $48K, and assets of $391K (revenue -52.6% year-over-year).
- 2012: Revenue of $59K, expenses of $100K, and assets of $407K (revenue -66.5% year-over-year).
- 2011: Revenue of $177K, expenses of $163K, and assets of $450K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downtown Redevelopment Authority Inc:
Data Sources and Methodology
This transparency report for Downtown Redevelopment Authority 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.