Ellendale Community Development Corp
EIN: 450304577 · Ellendale, ND
Is Ellendale Community Development Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ellendale Community Development Corp
Ellendale Community Development Corp (EIN: 450304577) is a nonprofit organization based in Ellendale, ND. 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 Ellendale Community Development Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ellendale Community Development Corp is a micro nonprofit, with 7 years of IRS 990 filings on record (2010–2017). Revenue has grown at a compound annual rate of -3.5%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $93K |
| Total Expenses | $96K |
| Surplus / Deficit | $-3,069 |
| Total Assets | $115K |
| Total Liabilities | $103K |
| Net Assets | $11K |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 90.3% |
| Months of Reserves | 14.4 months |
Financial Health Grade: C
In 2017, Ellendale Community Development Corp reported a deficit of $3K with expenses exceeding revenue, holds 14.4 months of operating reserves (strong position), has a debt-to-asset ratio of 90.3% (high leverage).
Financial Trends
Over 7 years of filings (2010–2017), Ellendale Community Development Corp's revenue has declined at a compound annual growth rate (CAGR) of -3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -8.0% | -14.9% | -9.4% |
| 2016 | +0.8% | +3.6% | -13.4% |
| 2015 | +9.1% | +8.1% | -8.9% |
| 2014 | -2.3% | -3.6% | -8.8% |
| 2013 | -18.5% | -20.3% | -16.5% |
AI Analysis Pending
AI enrichment for Ellendale Community Development Corp 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 Ellendale Community Development Corp 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 90.3%.
Frequently Asked Questions about Ellendale Community Development Corp
Is Ellendale Community Development Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Ellendale Community Development Corp (EIN: 450304577) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ellendale Community Development Corp spend its money?
Detailed spending breakdown data is not yet available for Ellendale Community Development Corp. Check back for updated IRS 990 analysis.
Are donations to Ellendale Community Development Corp tax-deductible?
Ellendale Community Development Corp is registered as a tax-exempt nonprofit (EIN: 450304577). 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 Ellendale Community Development Corp showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2010–2017), Ellendale Community Development Corp's revenue has declined by 22%, moving from $119K to $93K. Total assets decreased by 50.5% over the same period, from $231K to $115K. Total functional expenses fell by 20.5%, from $120K to $96K. In its most recent filing year (2017), Ellendale Community Development Corp reported a deficit of $3K, with expenses exceeding revenue. The organization holds $103K in liabilities against $115K in assets (debt-to-asset ratio: 90.3%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $93K | $96K | $115K | $103K | — | View 990 |
| 2016 | $101K | $112K | $126K | $112K | — | View 990 |
| 2015 | $100K | $108K | $146K | $120K | — | View 990 |
| 2014 | $92K | $100K | $160K | $126K | — | View 990 |
| 2013 | $94K | $104K | $176K | $133K | — | View 990 |
| 2011 | $115K | $131K | $210K | $144K | — | View 990 |
| 2010 | $119K | $120K | $231K | $149K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $93K, expenses of $96K, and assets of $115K (revenue -8.0% year-over-year).
- 2016: Revenue of $101K, expenses of $112K, and assets of $126K (revenue +0.8% year-over-year).
- 2015: Revenue of $100K, expenses of $108K, and assets of $146K (revenue +9.1% year-over-year).
- 2014: Revenue of $92K, expenses of $100K, and assets of $160K (revenue -2.3% year-over-year).
- 2013: Revenue of $94K, expenses of $104K, and assets of $176K (revenue -18.5% year-over-year).
- 2011: Revenue of $115K, expenses of $131K, and assets of $210K (revenue -3.1% year-over-year).
- 2010: Revenue of $119K, expenses of $120K, and assets of $231K.
Data Sources and Methodology
This transparency report for Ellendale Community Development Corp 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.