Eastern Plains Economic Development Corporation
Eastern Plains Economic Development Corporation shows strong asset growth and no reported officer compensation, despite fluctuating annual revenues.
EIN: 208067492 · Glendive, MT · NTEE: S30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $360K |
| Total Expenses | $197K |
| Program Spending | 85% |
| Net Assets | $462K |
| Transparency Score | 85/100 |
Is Eastern Plains Economic Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eastern Plains Economic Development Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eastern Plains Economic Development Corporation
Eastern Plains Economic Development Corporation (EIN: 208067492) is a nonprofit organization based in Glendive, MT, classified under NTEE code S30. The organization reported total revenue of $360K and total assets of $674K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastern Plains Economic Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eastern Plains Economic Development Corporation is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $419K |
| Total Expenses | $197K |
| Surplus / Deficit | +$223K |
| Total Assets | $475K |
| Total Liabilities | $13K |
| Net Assets | $462K |
| Operating Margin | 53.1% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 29.0 months |
Financial Health Grade: A
In 2023, Eastern Plains Economic Development Corporation reported a surplus of $223K with revenue exceeding expenses, holds 29.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Eastern Plains Economic Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +77.8% | -40.1% | +83.1% |
| 2022 | -26.0% | +35.3% | -27.1% |
| 2021 | +62.3% | +98.0% | +31.0% |
| 2020 | +120.9% | -17.6% | +43.9% |
| 2019 | -35.9% | +17.3% | -24.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Eastern Plains Economic 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, Eastern Plains Economic 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $223K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through non-officer roles, which is highly favorable for resource allocation.
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 Eastern Plains Economic Development Corporation's IRS 990 filings:
- Fluctuating annual revenues and expenses, making consistent financial forecasting challenging.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Eastern Plains Economic Development Corporation:
- Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
- Significant asset growth over the past decade, from $181,210 in 201409 to $474,665 in 202309.
- Low liabilities across all reported periods, suggesting sound financial management and minimal debt.
- Consistent IRS 990 filing history (13 filings), demonstrating transparency and accountability.
- Strong surplus in the latest filing (202309) with revenue of $419,215 against expenses of $196,619.
Frequently Asked Questions about Eastern Plains Economic Development Corporation
Is Eastern Plains Economic Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Eastern Plains Economic Development Corporation (EIN: 208067492) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Eastern Plains Economic Development Corporation spend its money?
Eastern Plains Economic Development Corporation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eastern Plains Economic Development Corporation tax-deductible?
Eastern Plains Economic Development Corporation is registered as a tax-exempt nonprofit (EIN: 208067492). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Eastern Plains Economic Development Corporation's spending goes to programs?
Eastern Plains Economic Development Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Eastern Plains Economic Development Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Eastern Plains Economic Development Corporation 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 Eastern Plains Economic Development Corporation located?
Eastern Plains Economic Development Corporation is headquartered in Glendive, Montana and files with the IRS under EIN 208067492. It is classified under NTEE code S30.
How many years of IRS 990 filings does Eastern Plains Economic Development Corporation have?
Eastern Plains Economic Development Corporation has 13 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 $360K in total revenue.
Is Eastern Plains Economic Development Corporation a good charity?
Based on the available data, Eastern Plains Economic Development Corporation appears to be a well-managed organization. It consistently reports 0% officer compensation, has shown significant asset growth from $181,210 in 201409 to $474,665 in 202309, and maintains low liabilities. These factors suggest efficient use of funds and a strong financial foundation.
How has the organization's financial health changed over time?
The organization's financial health has generally improved over time, particularly in terms of asset growth. While revenue and expenses fluctuate annually, net assets have increased significantly from $181,210 in 201409 to $474,665 in 202309, indicating a growing financial capacity.
What is the organization's approach to executive compensation?
Eastern Plains Economic Development Corporation consistently reports 0% officer compensation in all available IRS 990 filings. This suggests a commitment to directing resources away from executive salaries and towards its mission, potentially through volunteer leadership or alternative compensation structures.
Filing History
IRS 990 filing history for Eastern Plains Economic Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eastern Plains Economic Development Corporation's revenue has grown by 113.4%, moving from $196K to $419K. Total assets increased by 431.3% over the same period, from $89K to $475K. Total functional expenses rose by 69.7%, from $116K to $197K. In its most recent filing year (2023), Eastern Plains Economic Development Corporation reported a surplus of $223K, with revenue exceeding expenses. The organization holds $13K in liabilities against $475K in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $462K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $419K | $197K | $475K | $13K | — | — |
| 2022 | $236K | $328K | $259K | $20K | — | View 990 |
| 2021 | $318K | $242K | $355K | $24K | — | View 990 |
| 2020 | $196K | $122K | $271K | $16K | — | — |
| 2019 | $89K | $149K | $189K | $7K | — | View 990 |
| 2018 | $139K | $127K | $250K | $8K | — | View 990 |
| 2017 | $179K | $125K | $246K | $16K | — | — |
| 2016 | $138K | $141K | $188K | $12K | — | View 990 |
| 2015 | $189K | $184K | $187K | $8K | — | View 990 |
| 2014 | $217K | $213K | $181K | $6K | — | View 990 |
| 2013 | $188K | $177K | $176K | $5K | — | View 990 |
| 2012 | $240K | $166K | $166K | $6K | — | View 990 |
| 2011 | $196K | $116K | $89K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $419K, expenses of $197K, and assets of $475K (revenue +77.8% year-over-year).
- 2022: Revenue of $236K, expenses of $328K, and assets of $259K (revenue -26.0% year-over-year).
- 2021: Revenue of $318K, expenses of $242K, and assets of $355K (revenue +62.3% year-over-year).
- 2020: Revenue of $196K, expenses of $122K, and assets of $271K (revenue +120.9% year-over-year).
- 2019: Revenue of $89K, expenses of $149K, and assets of $189K (revenue -35.9% year-over-year).
- 2018: Revenue of $139K, expenses of $127K, and assets of $250K (revenue -22.6% year-over-year).
- 2017: Revenue of $179K, expenses of $125K, and assets of $246K (revenue +30.1% year-over-year).
- 2016: Revenue of $138K, expenses of $141K, and assets of $188K (revenue -27.1% year-over-year).
- 2015: Revenue of $189K, expenses of $184K, and assets of $187K (revenue -13.1% year-over-year).
- 2014: Revenue of $217K, expenses of $213K, and assets of $181K (revenue +15.2% year-over-year).
- 2013: Revenue of $188K, expenses of $177K, and assets of $176K (revenue -21.5% year-over-year).
- 2012: Revenue of $240K, expenses of $166K, and assets of $166K (revenue +22.3% year-over-year).
- 2011: Revenue of $196K, expenses of $116K, and assets of $89K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eastern Plains Economic Development Corporation:
Data Sources and Methodology
This transparency report for Eastern Plains Economic 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.