Downtown Richmond Association Inc
EIN: 475279224 · Richmond, KY
| Metric | Value |
|---|---|
| Total Expenses | $42K |
| Net Assets | $732 |
Is Downtown Richmond Association 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 Richmond Association Inc
Downtown Richmond Association Inc (EIN: 475279224) is a nonprofit organization based in Richmond, KY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Richmond Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downtown Richmond Association Inc is a micro nonprofit, with 2 years of IRS 990 filings on record (2015–2016). Revenue has grown at a compound annual rate of 917.2%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $42K |
| Surplus / Deficit | +$547 |
| Total Assets | $732 |
| Net Assets | $732 |
| Operating Margin | 1.3% |
| Months of Reserves | 0.2 months |
Financial Health Grade: A
In 2016, Downtown Richmond Association Inc reported a surplus of $547 with revenue exceeding expenses, holds 0.2 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2015–2016), Downtown Richmond Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 917.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +917.2% | +662.9% | +295.7% |
AI Analysis Pending
AI enrichment for Downtown Richmond Association 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 Richmond Association 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $547, with revenue exceeding expenses.
Frequently Asked Questions about Downtown Richmond Association Inc
Is Downtown Richmond Association Inc a legitimate charity?
Downtown Richmond Association Inc (EIN: 475279224) is a registered tax-exempt nonprofit based in Kentucky. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Downtown Richmond Association Inc spend its money?
Downtown Richmond Association Inc reported its financials in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Downtown Richmond Association Inc tax-deductible?
Downtown Richmond Association Inc is registered as a tax-exempt nonprofit (EIN: 475279224). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Downtown Richmond Association Inc located?
Downtown Richmond Association Inc is headquartered in Richmond, Kentucky and files with the IRS under EIN 475279224.
How many years of IRS 990 filings does Downtown Richmond Association Inc have?
Downtown Richmond Association Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Downtown Richmond Association Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2015–2016), Downtown Richmond Association Inc's revenue has grown by 917.2%, moving from $4K to $42K. Total assets increased by 295.7% over the same period, from $185 to $732. Total functional expenses rose by 662.9%, from $5K to $42K. In its most recent filing year (2016), Downtown Richmond Association Inc reported a surplus of $547, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $42K | $42K | $732 | $0 | — | View 990 |
| 2015 | $4K | $5K | $185 | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downtown Richmond Association Inc:
Data Sources and Methodology
This transparency report for Downtown Richmond Association 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.