Dubois County Area Development Corporation

Dubois County Area Development Corporation consistently maintains financial stability with growing assets and no reported officer compensation.

EIN: 200902292 · Jasper, IN · NTEE: S20 · Updated: 2026-03-28

$272KRevenue

$700KAssets

85/100Mission Score (Excellent)

S20

About Dubois County Area Development Corporation

Dubois County Area Development Corporation (EIN: 200902292) is a nonprofit organization based in Jasper, IN, classified under NTEE code S20. The organization reported total revenue of $272K and total assets of $700K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dubois County Area Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Dubois County Area Development Corporation demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade, leading to a steady growth in assets from $441,828 in 2014 to $685,711 in 2023. This indicates effective financial management and a stable operational base. The organization's liabilities have remained very low, typically under $6,000, which is a strong indicator of fiscal responsibility and minimal financial risk.

Spending efficiency appears robust, as the organization consistently operates with a surplus, allowing for asset accumulation. While specific program spending percentages are not detailed in the provided data, the overall financial trend suggests that the organization is managing its resources effectively to support its mission. The absence of reported officer compensation across all filings is a notable aspect of its financial structure, potentially indicating a volunteer-driven leadership or compensation being covered by other entities, which could contribute to lower administrative overhead.

Transparency is generally good, with a consistent history of 13 IRS 990 filings. The consistent reporting of zero officer compensation across all periods is a key piece of information for assessing transparency regarding executive pay. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a complete assessment of spending efficiency and program focus is limited.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Dubois County Area Development Corporation with a Mission Score of 85 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Dubois County Area Development Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, suggesting that officers are either unpaid volunteers or their compensation is covered by an external entity, which contributes to very low overhead 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.

Red Flags

The following concerns were identified during AI analysis of Dubois County Area Development Corporation's IRS 990 filings:

Lack of detailed expense breakdown (program, admin, fundraising) in provided data limits full efficiency analysis.

Strengths

The following positive indicators were identified for Dubois County Area Development Corporation:

Consistent revenue exceeding expenses, leading to asset growth (e.g., assets grew from $441,828 in 2014 to $685,711 in 2023).
Very low liabilities, consistently under $6,000, indicating strong fiscal responsibility.
No reported officer compensation across all filings, suggesting efficient use of funds or volunteer leadership.
Stable financial operations with a history of 13 IRS 990 filings, demonstrating transparency and longevity.

Frequently Asked Questions about Dubois County Area Development Corporation

Is Dubois County Area Development Corporation a good charity?

Based on the provided financial data, the Dubois County Area Development Corporation appears to be a financially sound organization with consistent revenue, growing assets, and very low liabilities. The absence of reported officer compensation is a positive indicator of efficient resource allocation. However, a full assessment of 'goodness' would benefit from detailed program expense breakdowns.

How has the organization's financial health changed over the last decade?

The organization's financial health has steadily improved over the last decade. Assets have grown from $441,828 in 2014 to $685,711 in 2023, and revenues have consistently exceeded expenses, indicating sustainable operations and growth.

What is the trend in the organization's liabilities?

The organization's liabilities have consistently remained very low, typically ranging between $2,630 and $5,682 over the past decade, indicating strong financial management and minimal debt.

Filing History

IRS 990 filing history for Dubois County Area Development Corporation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Dubois County Area Development Corporation's revenue has grown by 21.2%, moving from $266K to $322K. Total assets increased by 15% over the same period, from $596K to $686K. Total functional expenses rose by 31.1%, from $220K to $289K. In its most recent filing year (2023), Dubois County Area Development Corporation reported a surplus of $34K, with revenue exceeding expenses. The organization holds $6K in liabilities against $686K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $680K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$322K	$289K	$686K	$6K	—	—
2022	$325K	$317K	$651K	$5K	—	—
2021	$295K	$252K	$644K	$6K	—	—
2020	$258K	$242K	$600K	$4K	—	View 990
2019	$312K	$281K	$582K	$3K	—	View 990
2018	$253K	$226K	$551K	$3K	—	View 990
2017	$249K	$250K	$524K	$4K	—	—
2016	$292K	$259K	$525K	$4K	—	View 990
2015	$284K	$236K	$491K	$3K	—	View 990
2014	$270K	$214K	$442K	$3K	—	View 990
2013	$227K	$223K	$385K	$2K	—	View 990
2012	$203K	$415K	$380K	$1K	—	View 990
2011	$266K	$220K	$596K	$6K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $322K, expenses of $289K, and assets of $686K (revenue -0.7% year-over-year).
2022: Revenue of $325K, expenses of $317K, and assets of $651K (revenue +10.1% year-over-year).
2021: Revenue of $295K, expenses of $252K, and assets of $644K (revenue +14.2% year-over-year).
2020: Revenue of $258K, expenses of $242K, and assets of $600K (revenue -17.2% year-over-year).
2019: Revenue of $312K, expenses of $281K, and assets of $582K (revenue +23.1% year-over-year).
2018: Revenue of $253K, expenses of $226K, and assets of $551K (revenue +1.7% year-over-year).
2017: Revenue of $249K, expenses of $250K, and assets of $524K (revenue -14.8% year-over-year).
2016: Revenue of $292K, expenses of $259K, and assets of $525K (revenue +2.8% year-over-year).
2015: Revenue of $284K, expenses of $236K, and assets of $491K (revenue +5.4% year-over-year).
2014: Revenue of $270K, expenses of $214K, and assets of $442K (revenue +18.8% year-over-year).
2013: Revenue of $227K, expenses of $223K, and assets of $385K (revenue +11.9% year-over-year).
2012: Revenue of $203K, expenses of $415K, and assets of $380K (revenue -23.7% year-over-year).
2011: Revenue of $266K, expenses of $220K, and assets of $596K.

Data Sources and Methodology

This transparency report for Dubois County Area Development Corporation 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.