Downtown Revitalization And Improvement Volunteer Effort Inc

Downtown Revitalization And Improvement Volunteer Effort Inc consistently grows assets with zero liabilities and no reported officer compensation.

EIN: 201852804 · Newport, AR · NTEE: S30 · Updated: 2026-03-28

$294KRevenue
$528KAssets
92/100Mission Score (Excellent)
S30

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Downtown Revitalization And Improvement Volunteer Effort Inc Financial Summary
MetricValue
Total Revenue$294K
Total Expenses$272K
Program Spending90%
Net Assets$500K
Transparency Score92/100

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Downtown Revitalization And Improvement Volunteer Effort Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Downtown Revitalization And Improvement Volunteer Effort Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Downtown Revitalization And Improvement Volunteer Effort Inc in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $466K and expenses of $272K.

Revenue and Expenses

Downtown Revitalization And Improvement Volunteer Effort Inc reported $466K in revenue and $272K in expenses, a surplus of $194K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

92/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.

Is Downtown Revitalization And Improvement Volunteer Effort Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Downtown Revitalization And Improvement Volunteer Effort Inc Expense Deployment
Program services$245K (90%)

Across stored filings, Downtown Revitalization And Improvement Volunteer Effort Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Downtown Revitalization And Improvement Volunteer Effort Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade A10 stored filing years
Peer contextCompare with East Arkansas Enterprise CommunityArkansas and Community Improvement context

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Downtown Revitalization And Improvement Volunteer Effort Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Downtown Revitalization And Improvement Volunteer Effort Inc

Downtown Revitalization And Improvement Volunteer Effort Inc (EIN: 201852804) is a nonprofit organization based in Newport, AR, classified under NTEE code S30. The organization reported total revenue of $294K and total assets of $528K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Revitalization And Improvement Volunteer Effort Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Downtown Revitalization And Improvement Volunteer Effort Inc is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 33.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$466K
Total Expenses$272K
Surplus / Deficit+$194K
Total Assets$500K
Net Assets$500K
Operating Margin41.7%
Months of Reserves22.1 months

Financial Health Grade: A

In 2023, Downtown Revitalization And Improvement Volunteer Effort Inc reported a surplus of $194K with revenue exceeding expenses, holds 22.1 months of operating reserves (strong position).

Financial Trends

Over 10 years of filings (2010–2023), Downtown Revitalization And Improvement Volunteer Effort Inc's revenue has grown at a compound annual growth rate (CAGR) of 33.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+118.8%+18.4%+63.6%
2022-9.0%+1.2%-5.1%
2021+31.6%+76.3%+2.4%
2020-21.7%-37.2%+18.6%
2019+0.6%-2.9%+9.2%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Downtown Revitalization And Improvement Volunteer Effort Inc (DRIVE) demonstrates a generally healthy financial position with consistent growth in assets and revenue over the past decade. The organization's latest filing (202312) shows strong revenue of $465,987 against expenses of $271,679, resulting in a significant surplus that contributed to an increase in assets to $499,966. This trend of revenue exceeding expenses is largely consistent, with only a few periods showing minor deficits, such as 202212 and 201712. The organization consistently reports zero liabilities across all filings, indicating strong financial management and no reliance on debt. Spending efficiency appears robust, as evidenced by the consistent surpluses and asset growth. The absence of officer compensation reported in all filings suggests that leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to lower administrative overhead. This structure, combined with the consistent asset growth from $92,994 in 2010 to $499,966 in 2023, points to effective resource utilization. Transparency is high given the complete absence of liabilities and the consistent filing of IRS Form 990s. The detailed financial history provided allows for a clear understanding of the organization's financial trajectory. The lack of reported officer compensation, while potentially indicating volunteer leadership, also means there's no executive compensation to analyze for reasonableness, which simplifies the transparency assessment in that regard.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Downtown Revitalization And Improvement Volunteer Effort Inc with a Mission Score of 92 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 Revitalization And Improvement Volunteer Effort Inc 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:

$466KTotal Revenue
$272KTotal Expenses
$500KTotal Assets
$500KNet Assets
  • The organization reported a surplus of $194K, with revenue exceeding expenses.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated through non-officer categories, which contributes to very low administrative costs.

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.

Strengths

The following positive indicators were identified for Downtown Revitalization And Improvement Volunteer Effort Inc:

  • Consistent asset growth (from $92,994 in 2010 to $499,966 in 2023)
  • Zero reported liabilities across all filings
  • No reported officer compensation, indicating high efficiency or volunteer leadership
  • Strong revenue growth over the past decade (from $10,938 in 2010 to $465,987 in 2023)
  • Generally operates with a surplus, contributing to financial stability

Frequently Asked Questions about Downtown Revitalization And Improvement Volunteer Effort Inc

Is Downtown Revitalization And Improvement Volunteer Effort Inc a legitimate charity?

Downtown Revitalization And Improvement Volunteer Effort Inc (EIN: 201852804) is a registered tax-exempt nonprofit based in Arkansas. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $294K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Downtown Revitalization And Improvement Volunteer Effort Inc spend its money?

Downtown Revitalization And Improvement Volunteer Effort Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to Downtown Revitalization And Improvement Volunteer Effort Inc tax-deductible?

Downtown Revitalization And Improvement Volunteer Effort Inc is registered as a tax-exempt nonprofit (EIN: 201852804). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Downtown Revitalization And Improvement Volunteer Effort Inc's spending goes to programs?

Downtown Revitalization And Improvement Volunteer Effort Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Downtown Revitalization And Improvement Volunteer Effort Inc compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Downtown Revitalization And Improvement Volunteer Effort Inc is above average for NTEE category S30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Downtown Revitalization And Improvement Volunteer Effort Inc located?

Downtown Revitalization And Improvement Volunteer Effort Inc is headquartered in Newport, Arkansas and files with the IRS under EIN 201852804. It is classified under NTEE code S30.

How many years of IRS 990 filings does Downtown Revitalization And Improvement Volunteer Effort Inc have?

Downtown Revitalization And Improvement Volunteer Effort 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 $294K in total revenue.

Is Downtown Revitalization And Improvement Volunteer Effort Inc a good charity?

Based on the financial data, DRIVE appears to be a very good charity. It consistently operates with surpluses, has zero liabilities, and shows strong asset growth from $92,994 in 2010 to $499,966 in 2023. The absence of reported officer compensation also suggests a highly efficient and potentially volunteer-driven model.

How has the organization's financial health changed over time?

The organization's financial health has significantly improved over time. Revenue has grown from $10,938 in 2010 to $465,987 in 2023, and assets have increased from $92,994 to $499,966 in the same period, indicating strong and sustained growth.

What is the organization's approach to debt?

Downtown Revitalization And Improvement Volunteer Effort Inc has a highly conservative approach to debt, consistently reporting $0 in liabilities across all ten available IRS 990 filings. This indicates a strong preference for operating without debt.

Filing History

IRS 990 filing history for Downtown Revitalization And Improvement Volunteer Effort Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2010–2023), Downtown Revitalization And Improvement Volunteer Effort Inc's revenue has grown by 4160.3%, moving from $11K to $466K. Total assets increased by 437.6% over the same period, from $93K to $500K. Total functional expenses rose by 3191.5%, from $8K to $272K. In its most recent filing year (2023), Downtown Revitalization And Improvement Volunteer Effort Inc reported a surplus of $194K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $466K $272K $500K $0
2022 $213K $229K $306K $0
2021 $234K $227K $322K $0 View 990
2020 $178K $129K $314K $0 View 990
2019 $227K $205K $265K $0 View 990
2018 $226K $211K $243K $0 View 990
2017 $368K $425K $228K $0 View 990
2016 $332K $229K $285K $0 View 990
2015 $180K $103K $182K $0 View 990
2010 $11K $8K $93K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $466K, expenses of $272K, and assets of $500K (revenue +118.8% year-over-year).
  • 2022: Revenue of $213K, expenses of $229K, and assets of $306K (revenue -9.0% year-over-year).
  • 2021: Revenue of $234K, expenses of $227K, and assets of $322K (revenue +31.6% year-over-year).
  • 2020: Revenue of $178K, expenses of $129K, and assets of $314K (revenue -21.7% year-over-year).
  • 2019: Revenue of $227K, expenses of $205K, and assets of $265K (revenue +0.6% year-over-year).
  • 2018: Revenue of $226K, expenses of $211K, and assets of $243K (revenue -38.7% year-over-year).
  • 2017: Revenue of $368K, expenses of $425K, and assets of $228K (revenue +10.9% year-over-year).
  • 2016: Revenue of $332K, expenses of $229K, and assets of $285K (revenue +84.2% year-over-year).
  • 2015: Revenue of $180K, expenses of $103K, and assets of $182K (revenue +1547.3% year-over-year).
  • 2010: Revenue of $11K, expenses of $8K, and assets of $93K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Downtown Revitalization And Improvement Volunteer Effort Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2010 Filing

Data Sources and Methodology

This transparency report for Downtown Revitalization And Improvement Volunteer Effort 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.

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