Durum Triangle Industrial Park Corp
EIN: 450369532 · Cando, ND
| Metric | Value |
|---|---|
| Total Expenses | $24K |
| Net Assets | $258K |
Is Durum Triangle Industrial Park Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Durum Triangle Industrial Park Corp
Durum Triangle Industrial Park Corp (EIN: 450369532) is a nonprofit organization based in Cando, ND. 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 Durum Triangle Industrial Park Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Durum Triangle Industrial Park Corp is a micro nonprofit that has been operating for 43 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $24K |
| Surplus / Deficit | +$12K |
| Total Assets | $298K |
| Total Liabilities | $40K |
| Net Assets | $258K |
| Operating Margin | 33.5% |
| Debt-to-Asset Ratio | 13.3% |
| Months of Reserves | 147.4 months |
Financial Health Grade: A
In 2018, Durum Triangle Industrial Park Corp reported a surplus of $12K with revenue exceeding expenses, holds 147.4 months of operating reserves (strong position), has a debt-to-asset ratio of 13.3% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2018), Durum Triangle Industrial Park Corp's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -29.9% | +12.4% | +2.7% |
| 2017 | +54.3% | -58.0% | +11.7% |
| 2016 | -48.9% | -47.6% | -7.2% |
| 2015 | +9.3% | +203.9% | -10.3% |
| 2014 | +71.4% | +79.9% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Durum Triangle Industrial Park Corp 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 Durum Triangle Industrial Park Corp 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.3%.
Frequently Asked Questions about Durum Triangle Industrial Park Corp
Is Durum Triangle Industrial Park Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Durum Triangle Industrial Park Corp (EIN: 450369532) insufficient data. 0 red flags identified, 0 strengths noted.
How does Durum Triangle Industrial Park Corp spend its money?
Detailed spending breakdown data is not yet available for Durum Triangle Industrial Park Corp. Check back for updated IRS 990 analysis.
Are donations to Durum Triangle Industrial Park Corp tax-deductible?
Durum Triangle Industrial Park Corp is registered as a tax-exempt nonprofit (EIN: 450369532). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Durum Triangle Industrial Park Corp located?
Durum Triangle Industrial Park Corp is headquartered in Cando, North Dakota and files with the IRS under EIN 450369532.
How many years of IRS 990 filings does Durum Triangle Industrial Park Corp have?
Durum Triangle Industrial Park Corp has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Durum Triangle Industrial Park Corp showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Durum Triangle Industrial Park Corp's revenue has grown by 17.2%, moving from $31K to $37K. Total assets increased by 41.9% over the same period, from $210K to $298K. Total functional expenses rose by 6.4%, from $23K to $24K. In its most recent filing year (2018), Durum Triangle Industrial Park Corp reported a surplus of $12K, with revenue exceeding expenses. The organization holds $40K in liabilities against $298K in assets (debt-to-asset ratio: 13.3%), resulting in net assets of $258K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $37K | $24K | $298K | $40K | — | View 990 |
| 2017 | $52K | $22K | $290K | $42K | — | View 990 |
| 2016 | $34K | $51K | $260K | $42K | — | View 990 |
| 2015 | $66K | $98K | $280K | $44K | — | View 990 |
| 2014 | $60K | $32K | $312K | $44K | — | View 990 |
| 2013 | $35K | $18K | $284K | $44K | — | View 990 |
| 2012 | $33K | $16K | $236K | $14K | — | View 990 |
| 2011 | $31K | $23K | $210K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $37K, expenses of $24K, and assets of $298K (revenue -29.9% year-over-year).
- 2017: Revenue of $52K, expenses of $22K, and assets of $290K (revenue +54.3% year-over-year).
- 2016: Revenue of $34K, expenses of $51K, and assets of $260K (revenue -48.9% year-over-year).
- 2015: Revenue of $66K, expenses of $98K, and assets of $280K (revenue +9.3% year-over-year).
- 2014: Revenue of $60K, expenses of $32K, and assets of $312K (revenue +71.4% year-over-year).
- 2013: Revenue of $35K, expenses of $18K, and assets of $284K (revenue +6.5% year-over-year).
- 2012: Revenue of $33K, expenses of $16K, and assets of $236K (revenue +6.3% year-over-year).
- 2011: Revenue of $31K, expenses of $23K, and assets of $210K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Durum Triangle Industrial Park Corp:
Data Sources and Methodology
This transparency report for Durum Triangle Industrial Park Corp 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.