Elizabeth City Downtown A Revital
EIN: 561621231 · Elizabeth Cty, NC · NTEE: A80
Is Elizabeth City Downtown A Revital Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Elizabeth City Downtown A Revital
Elizabeth City Downtown A Revital (EIN: 561621231) is a nonprofit organization based in Elizabeth Cty, NC, classified under NTEE code A80. The organization reported total revenue of $503K and total assets of $791K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elizabeth City Downtown A Revital's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elizabeth City Downtown A Revital is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $156K |
| Total Expenses | $90K |
| Surplus / Deficit | +$66K |
| Total Assets | $603K |
| Total Liabilities | $59K |
| Net Assets | $543K |
| Operating Margin | 42.3% |
| Debt-to-Asset Ratio | 9.8% |
| Months of Reserves | 80.1 months |
Financial Health Grade: A
In 2023, Elizabeth City Downtown A Revital reported a surplus of $66K with revenue exceeding expenses, holds 80.1 months of operating reserves (strong position), has a debt-to-asset ratio of 9.8% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Elizabeth City Downtown A Revital's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.2% | -51.1% | +20.9% |
| 2022 | -6.1% | +163.3% | +18.8% |
| 2021 | +60.7% | -63.5% | +68.1% |
| 2020 | +33.8% | +86.0% | -2.9% |
| 2019 | +14.2% | -1.7% | +9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Elizabeth City Downtown A Revital 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 Elizabeth City Downtown A Revital 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 surplus of $66K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.8%.
Frequently Asked Questions about Elizabeth City Downtown A Revital
Is Elizabeth City Downtown A Revital a legitimate charity?
Based on AI analysis of IRS 990 filings, Elizabeth City Downtown A Revital (EIN: 561621231) insufficient data. 0 red flags identified, 0 strengths noted.
How does Elizabeth City Downtown A Revital spend its money?
Detailed spending breakdown data is not yet available for Elizabeth City Downtown A Revital. Check back for updated IRS 990 analysis.
Are donations to Elizabeth City Downtown A Revital tax-deductible?
Elizabeth City Downtown A Revital is registered as a tax-exempt nonprofit (EIN: 561621231). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Elizabeth City Downtown A Revital showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Elizabeth City Downtown A Revital's revenue has grown by 137%, moving from $66K to $156K. Total assets increased by 437.1% over the same period, from $112K to $603K. Total functional expenses rose by 8.9%, from $83K to $90K. In its most recent filing year (2023), Elizabeth City Downtown A Revital reported a surplus of $66K, with revenue exceeding expenses. The organization holds $59K in liabilities against $603K in assets (debt-to-asset ratio: 9.8%), resulting in net assets of $543K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $156K | $90K | $603K | $59K | — | View 990 |
| 2022 | $253K | $184K | $498K | $21K | — | View 990 |
| 2021 | $270K | $70K | $419K | $11K | — | — |
| 2020 | $168K | $192K | $249K | $40K | — | — |
| 2019 | $125K | $103K | $257K | $23K | — | View 990 |
| 2018 | $110K | $105K | $235K | $23K | — | View 990 |
| 2017 | $122K | $70K | $228K | $21K | — | View 990 |
| 2016 | $79K | $78K | $172K | $17K | — | View 990 |
| 2015 | $120K | $78K | $164K | $0 | — | View 990 |
| 2014 | $95K | $79K | $136K | $14K | — | View 990 |
| 2013 | $82K | $70K | $120K | $14K | — | View 990 |
| 2012 | $66K | $83K | $112K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $156K, expenses of $90K, and assets of $603K (revenue -38.2% year-over-year).
- 2022: Revenue of $253K, expenses of $184K, and assets of $498K (revenue -6.1% year-over-year).
- 2021: Revenue of $270K, expenses of $70K, and assets of $419K (revenue +60.7% year-over-year).
- 2020: Revenue of $168K, expenses of $192K, and assets of $249K (revenue +33.8% year-over-year).
- 2019: Revenue of $125K, expenses of $103K, and assets of $257K (revenue +14.2% year-over-year).
- 2018: Revenue of $110K, expenses of $105K, and assets of $235K (revenue -9.8% year-over-year).
- 2017: Revenue of $122K, expenses of $70K, and assets of $228K (revenue +54.3% year-over-year).
- 2016: Revenue of $79K, expenses of $78K, and assets of $172K (revenue -34.4% year-over-year).
- 2015: Revenue of $120K, expenses of $78K, and assets of $164K (revenue +26.4% year-over-year).
- 2014: Revenue of $95K, expenses of $79K, and assets of $136K (revenue +16.2% year-over-year).
- 2013: Revenue of $82K, expenses of $70K, and assets of $120K (revenue +24.0% year-over-year).
- 2012: Revenue of $66K, expenses of $83K, and assets of $112K.
Data Sources and Methodology
This transparency report for Elizabeth City Downtown A Revital 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.