Eldon Depot Committee Inc
EIN: 421526827 · Eldon, IA · NTEE: A80
| Metric | Value |
|---|---|
| Total Revenue | $37K |
| Total Expenses | $33K |
| Net Assets | $627K |
Is Eldon Depot Committee Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Eldon Depot Committee Inc
Eldon Depot Committee Inc (EIN: 421526827) is a nonprofit organization based in Eldon, IA, classified under NTEE code A80. The organization reported total revenue of $37K and total assets of $632K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eldon Depot Committee Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eldon Depot Committee Inc is a micro nonprofit that has been operating for 24 years, with 8 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -39.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $33K |
| Surplus / Deficit | $-27,859 |
| Total Assets | $627K |
| Net Assets | $627K |
| Operating Margin | -498.1% |
| Months of Reserves | 224.9 months |
Financial Health Grade: B
In 2023, Eldon Depot Committee Inc reported a deficit of $28K with expenses exceeding revenue, holds 224.9 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2014–2023), Eldon Depot Committee Inc's revenue has declined at a compound annual growth rate (CAGR) of -39.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.9% | +5.1% | -4.3% |
| 2022 | +3.8% | +2.5% | -3.3% |
| 2021 | +31.6% | +9.5% | -3.2% |
| 2020 | -81.3% | -11.1% | -3.0% |
| 2019 | -23.9% | -0.3% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Eldon Depot Committee 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 Eldon Depot Committee 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
Frequently Asked Questions about Eldon Depot Committee Inc
Is Eldon Depot Committee Inc a legitimate charity?
Eldon Depot Committee Inc (EIN: 421526827) is a registered tax-exempt nonprofit based in Iowa. It has 8 years of IRS 990 filings on record. Total revenue: $37K. No red flags identified. Financial health grade: B.
How does Eldon Depot Committee Inc spend its money?
Eldon Depot Committee Inc reported $37K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Eldon Depot Committee Inc tax-deductible?
Eldon Depot Committee Inc is registered as a tax-exempt nonprofit (EIN: 421526827). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eldon Depot Committee Inc located?
Eldon Depot Committee Inc is headquartered in Eldon, Iowa and files with the IRS under EIN 421526827. It is classified under NTEE code A80.
How many years of IRS 990 filings does Eldon Depot Committee Inc have?
Eldon Depot Committee Inc 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. The most recent filing shows $37K in total revenue.
Filing History
IRS 990 filing history for Eldon Depot Committee Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2014–2023), Eldon Depot Committee Inc's revenue has declined by 99%, moving from $546K to $6K. Total assets increased by 14.4% over the same period, from $548K to $627K. Total functional expenses rose by 142.2%, from $14K to $33K. In its most recent filing year (2023), Eldon Depot Committee Inc reported a deficit of $28K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6K | $33K | $627K | $0 | — | — |
| 2022 | $9K | $32K | $655K | $0 | — | View 990 |
| 2021 | $9K | $31K | $677K | $0 | — | View 990 |
| 2020 | $7K | $28K | $700K | $0 | — | — |
| 2019 | $36K | $32K | $721K | $0 | — | View 990 |
| 2018 | $47K | $32K | $717K | $0 | — | View 990 |
| 2017 | $53K | $36K | $702K | $0 | — | View 990 |
| 2014 | $546K | $14K | $548K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6K, expenses of $33K, and assets of $627K (revenue -38.9% year-over-year).
- 2022: Revenue of $9K, expenses of $32K, and assets of $655K (revenue +3.8% year-over-year).
- 2021: Revenue of $9K, expenses of $31K, and assets of $677K (revenue +31.6% year-over-year).
- 2020: Revenue of $7K, expenses of $28K, and assets of $700K (revenue -81.3% year-over-year).
- 2019: Revenue of $36K, expenses of $32K, and assets of $721K (revenue -23.9% year-over-year).
- 2018: Revenue of $47K, expenses of $32K, and assets of $717K (revenue -10.9% year-over-year).
- 2017: Revenue of $53K, expenses of $36K, and assets of $702K (revenue -90.3% year-over-year).
- 2014: Revenue of $546K, expenses of $14K, and assets of $548K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eldon Depot Committee Inc:
Data Sources and Methodology
This transparency report for Eldon Depot Committee 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.