El Dorado Development Corporation
EIN: 237413915 · El Dorado, AR
| Metric | Value |
|---|---|
| Total Expenses | $21K |
| Net Assets | $888K |
Is El Dorado Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About El Dorado Development Corporation
El Dorado Development Corporation (EIN: 237413915) is a nonprofit organization based in El Dorado, AR. 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 El Dorado Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
El Dorado Development Corporation is a small nonprofit that has been operating for 44 years, with 6 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 15.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $101K |
| Total Expenses | $21K |
| Surplus / Deficit | +$80K |
| Total Assets | $889K |
| Total Liabilities | $685 |
| Net Assets | $888K |
| Operating Margin | 79.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 510.4 months |
Financial Health Grade: A
In 2022, El Dorado Development Corporation reported a surplus of $80K with revenue exceeding expenses, holds 510.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2022), El Dorado Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 15.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -54.4% | +30.1% | +6.9% |
| 2020 | +36.1% | +101.1% | +46.9% |
| 2016 | +608.0% | -35.4% | +41.3% |
| 2013 | +12.7% | -5.6% | +2.7% |
| 2012 | -0.1% | +8.0% | +1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for El Dorado Development Corporation 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 El Dorado Development Corporation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $80K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about El Dorado Development Corporation
Is El Dorado Development Corporation a legitimate charity?
El Dorado Development Corporation (EIN: 237413915) is a registered tax-exempt nonprofit based in Arkansas. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does El Dorado Development Corporation spend its money?
El Dorado Development Corporation reported its financials in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to El Dorado Development Corporation tax-deductible?
El Dorado Development Corporation is registered as a tax-exempt nonprofit (EIN: 237413915). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is El Dorado Development Corporation located?
El Dorado Development Corporation is headquartered in El Dorado, Arkansas and files with the IRS under EIN 237413915.
How many years of IRS 990 filings does El Dorado Development Corporation have?
El Dorado Development Corporation has 6 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 El Dorado Development Corporation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2022), El Dorado Development Corporation's revenue has grown by 395.2%, moving from $20K to $101K. Total assets increased by 132.2% over the same period, from $383K to $889K. Total functional expenses rose by 72.4%, from $12K to $21K. In its most recent filing year (2022), El Dorado Development Corporation reported a surplus of $80K, with revenue exceeding expenses. The organization holds $685 in liabilities against $889K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $888K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $101K | $21K | $889K | $685 | — | View 990 |
| 2020 | $222K | $16K | $831K | $5K | — | — |
| 2016 | $163K | $8K | $566K | $885 | — | — |
| 2013 | $23K | $12K | $401K | $0 | — | View 990 |
| 2012 | $20K | $13K | $390K | $0 | — | View 990 |
| 2011 | $20K | $12K | $383K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $101K, expenses of $21K, and assets of $889K (revenue -54.4% year-over-year).
- 2020: Revenue of $222K, expenses of $16K, and assets of $831K (revenue +36.1% year-over-year).
- 2016: Revenue of $163K, expenses of $8K, and assets of $566K (revenue +608.0% year-over-year).
- 2013: Revenue of $23K, expenses of $12K, and assets of $401K (revenue +12.7% year-over-year).
- 2012: Revenue of $20K, expenses of $13K, and assets of $390K (revenue -0.1% year-over-year).
- 2011: Revenue of $20K, expenses of $12K, and assets of $383K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for El Dorado Development Corporation:
Data Sources and Methodology
This transparency report for El Dorado 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.