Enterprise Center Inc
Enterprise Center Inc. shows strong asset growth and no reported officer compensation, despite recent operating deficits.
EIN: 200062024 · Chattanooga, TN · NTEE: S31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $4.6M |
| Program Spending | 80% |
| Net Assets | $2.3M |
| Transparency Score | 85/100 |
Is Enterprise Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Enterprise Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Enterprise Center Inc
Enterprise Center Inc (EIN: 200062024) is a nonprofit organization based in Chattanooga, TN, classified under NTEE code S31. The organization reported total revenue of $3.9M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Enterprise Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Enterprise Center Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $4.6M |
| Surplus / Deficit | $-775,846 |
| Total Assets | $2.6M |
| Total Liabilities | $319K |
| Net Assets | $2.3M |
| Operating Margin | -20.1% |
| Debt-to-Asset Ratio | 12.1% |
| Months of Reserves | 6.8 months |
Financial Health Grade: B
In 2024, Enterprise Center Inc reported a deficit of $776K with expenses exceeding revenue, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 12.1% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Enterprise Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -18.4% | -5.4% | -26.8% |
| 2023 | +80.8% | +66.1% | +6.5% |
| 2022 | -56.3% | -21.6% | -7.8% |
| 2021 | +205.6% | +117.0% | +135.5% |
| 2020 | -25.5% | -18.9% | +28.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Enterprise Center Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Enterprise Center Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $776K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.1%.
Executive Compensation Analysis
The Enterprise Center Inc. consistently reports 0% officer compensation across all available IRS 990 filings, which is a strong indicator of either volunteer leadership or that executive compensation is structured in a way that it is not reported under this specific category, suggesting a highly efficient use of funds relative to organizational size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Enterprise Center Inc's IRS 990 filings:
- Operating deficit in the latest two periods (202406: Expenses $4,641,093 > Revenue $3,865,247; 202306: Expenses $4,905,052 > Revenue $4,737,195)
- Significant year-over-year revenue fluctuations could indicate reliance on grants or project-based funding that may not be consistently renewable.
Strengths
The following positive indicators were identified for Enterprise Center Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency in executive pay.
- Substantial growth in assets from $372,573 in 2015 to $2,641,548 in 2024, demonstrating long-term financial health.
- Relatively low liabilities compared to assets, indicating strong financial management and solvency.
- Long filing history (13 filings) suggests consistent compliance and transparency.
Frequently Asked Questions about Enterprise Center Inc
Is Enterprise Center Inc a legitimate charity?
Enterprise Center Inc (EIN: 200062024) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.9M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Enterprise Center Inc spend its money?
Enterprise Center Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Enterprise Center Inc tax-deductible?
Enterprise Center Inc is registered as a tax-exempt nonprofit (EIN: 200062024). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Enterprise Center Inc's spending goes to programs?
Enterprise Center Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Enterprise Center Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Enterprise Center Inc is above average for NTEE category S31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Enterprise Center Inc located?
Enterprise Center Inc is headquartered in Chattanooga, Tennessee and files with the IRS under EIN 200062024. It is classified under NTEE code S31.
How many years of IRS 990 filings does Enterprise Center Inc have?
Enterprise Center Inc has 13 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 $3.9M in total revenue.
Is Enterprise Center Inc. financially stable?
Yes, despite recent operating deficits, the organization's assets have grown significantly from $372,573 in 2015 to $2,641,548 in 2024, and liabilities remain relatively low, indicating good long-term financial stability.
How does Enterprise Center Inc. compensate its executives?
The IRS 990 filings consistently report 0% officer compensation, suggesting that executives are either volunteers or compensated through means not categorized as 'officer compensation' on the 990, which is a positive sign for donor fund allocation.
Has the organization experienced revenue fluctuations?
Yes, revenue has fluctuated significantly, from a low of $771,841 in 2015 to a high of $5,998,300 in 2021, and $3,865,247 in the latest period, indicating variability in funding sources or project cycles.
Filing History
IRS 990 filing history for Enterprise Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Enterprise Center Inc's revenue has grown by 279.2%, moving from $1.0M to $3.9M. Total assets increased by 162.4% over the same period, from $1.0M to $2.6M. Total functional expenses rose by 361.1%, from $1.0M to $4.6M. In its most recent filing year (2024), Enterprise Center Inc reported a deficit of $776K, with expenses exceeding revenue. The organization holds $319K in liabilities against $2.6M in assets (debt-to-asset ratio: 12.1%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.9M | $4.6M | $2.6M | $319K | — | View 990 |
| 2023 | $4.7M | $4.9M | $3.6M | $511K | — | View 990 |
| 2022 | $2.6M | $3.0M | $3.4M | $123K | — | View 990 |
| 2021 | $6.0M | $3.8M | $3.7M | $78K | — | View 990 |
| 2020 | $2.0M | $1.7M | $1.6M | $194K | — | View 990 |
| 2019 | $2.6M | $2.1M | $1.2M | $73K | — | View 990 |
| 2018 | $1.6M | $1.6M | $696K | $51K | — | View 990 |
| 2017 | $1.4M | $1.5M | $740K | $74K | — | View 990 |
| 2016 | $1.6M | $1.2M | $775K | $48K | — | View 990 |
| 2015 | $772K | $908K | $373K | $109K | — | View 990 |
| 2014 | $866K | $889K | $676K | $277K | — | View 990 |
| 2013 | $1.0M | $1.0M | $918K | $495K | — | View 990 |
| 2012 | $1.0M | $1.0M | $1.0M | $591K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.9M, expenses of $4.6M, and assets of $2.6M (revenue -18.4% year-over-year).
- 2023: Revenue of $4.7M, expenses of $4.9M, and assets of $3.6M (revenue +80.8% year-over-year).
- 2022: Revenue of $2.6M, expenses of $3.0M, and assets of $3.4M (revenue -56.3% year-over-year).
- 2021: Revenue of $6.0M, expenses of $3.8M, and assets of $3.7M (revenue +205.6% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.7M, and assets of $1.6M (revenue -25.5% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.1M, and assets of $1.2M (revenue +62.4% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $696K (revenue +14.4% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.5M, and assets of $740K (revenue -14.0% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.2M, and assets of $775K (revenue +113.5% year-over-year).
- 2015: Revenue of $772K, expenses of $908K, and assets of $373K (revenue -10.9% year-over-year).
- 2014: Revenue of $866K, expenses of $889K, and assets of $676K (revenue -14.1% year-over-year).
- 2013: Revenue of $1.0M, expenses of $1.0M, and assets of $918K (revenue -1.1% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.0M, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Enterprise Center Inc:
Data Sources and Methodology
This transparency report for Enterprise Center 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.