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

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.

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.

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 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.

Year	Revenue	Expenses	Assets	Liabilities	Officer 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.

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.