Elk County Development Corporation
EIN: 481190604 · Chanute, KS · NTEE: L80
Is Elk County 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 Elk County Development Corporation
Elk County Development Corporation (EIN: 481190604) is a nonprofit organization based in Chanute, KS, classified under NTEE code L80. The organization reported total revenue of $52K and total assets of $175K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elk County Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Elk County 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 Elk County 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.
Frequently Asked Questions about Elk County Development Corporation
Is Elk County Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Elk County Development Corporation (EIN: 481190604) insufficient data. 0 red flags identified, 0 strengths noted.
How does Elk County Development Corporation spend its money?
Detailed spending breakdown data is not yet available for Elk County Development Corporation. Check back for updated IRS 990 analysis.
Are donations to Elk County Development Corporation tax-deductible?
Elk County Development Corporation is registered as a tax-exempt nonprofit (EIN: 481190604). 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 Elk County Development Corporation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Elk County Development Corporation's revenue has declined by 12.3%, moving from $52K to $46K. Total assets decreased by 43.6% over the same period, from $272K to $153K. Total functional expenses fell by 40.8%, from $45K to $27K. In its most recent filing year (2024), Elk County Development Corporation reported a surplus of $19K, with revenue exceeding expenses. The organization holds $1K in liabilities against $153K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $152K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $46K | $27K | $153K | $1K | — | — |
| 2023 | $54K | $26K | $140K | $7K | — | View 990 |
| 2022 | $55K | $32K | $131K | $26K | — | — |
| 2021 | $55K | $30K | $125K | $43K | — | — |
| 2020 | $28K | $23K | $114K | $54K | — | View 990 |
| 2019 | $47K | $48K | $136K | $80K | — | View 990 |
| 2018 | $46K | $48K | $144K | $87K | — | View 990 |
| 2017 | $38K | $49K | $158K | $99K | — | View 990 |
| 2016 | $37K | $51K | $181K | $110K | — | View 990 |
| 2015 | $35K | $52K | $209K | $121K | — | View 990 |
| 2014 | $37K | $54K | $235K | $131K | — | View 990 |
| 2013 | $18K | $19K | $262K | $141K | — | View 990 |
| 2012 | $51K | $45K | $273K | $151K | — | View 990 |
| 2011 | $52K | $45K | $272K | $156K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $46K, expenses of $27K, and assets of $153K (revenue -14.4% year-over-year).
- 2023: Revenue of $54K, expenses of $26K, and assets of $140K (revenue -2.5% year-over-year).
- 2022: Revenue of $55K, expenses of $32K, and assets of $131K (revenue +0.3% year-over-year).
- 2021: Revenue of $55K, expenses of $30K, and assets of $125K (revenue +95.5% year-over-year).
- 2020: Revenue of $28K, expenses of $23K, and assets of $114K (revenue -40.4% year-over-year).
- 2019: Revenue of $47K, expenses of $48K, and assets of $136K (revenue +2.5% year-over-year).
- 2018: Revenue of $46K, expenses of $48K, and assets of $144K (revenue +19.3% year-over-year).
- 2017: Revenue of $38K, expenses of $49K, and assets of $158K (revenue +4.8% year-over-year).
- 2016: Revenue of $37K, expenses of $51K, and assets of $181K (revenue +3.3% year-over-year).
- 2015: Revenue of $35K, expenses of $52K, and assets of $209K (revenue -2.8% year-over-year).
- 2014: Revenue of $37K, expenses of $54K, and assets of $235K (revenue +104.1% year-over-year).
- 2013: Revenue of $18K, expenses of $19K, and assets of $262K (revenue -65.2% year-over-year).
- 2012: Revenue of $51K, expenses of $45K, and assets of $273K (revenue -1.8% year-over-year).
- 2011: Revenue of $52K, expenses of $45K, and assets of $272K.
Data Sources and Methodology
This transparency report for Elk County 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.