Five Points Community Development Corporation
Five Points Community Development Corporation operates with minimal revenue and expenses, consistently reporting $1 in assets.
EIN: 204323794 · Lafayette, AL · NTEE: P20 · Updated: 2026-03-28
Is Five Points Community Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Five Points Community Development Corporation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Five Points Community Development Corporation
Five Points Community Development Corporation (EIN: 204323794) is a nonprofit organization based in Lafayette, AL, classified under NTEE code P20. The organization reported total revenue of $3K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Five Points Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Five Points Community Development Corporation is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $2K |
| Surplus / Deficit | +$0 |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | 0.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2023, Five Points Community Development Corporation reported a surplus of $0 with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Five Points Community Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.6% | -24.6% | +0.0% |
| 2022 | +9.6% | +9.6% | +0.0% |
| 2021 | -10.3% | -10.3% | +0.0% |
| 2020 | +3.6% | +3.6% | +0.0% |
| 2019 | +27.3% | +27.3% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Five Points Community Development Corporation with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Five Points Community Development Corporation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, which is appropriate given the organization's extremely small revenue and asset base.
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 Five Points Community Development Corporation's IRS 990 filings:
- Extremely low assets ($1 consistently reported) suggests minimal financial capacity or significant reliance on external, immediate funding.
- Lack of detailed financial information due to 990-N filing status limits in-depth analysis of spending efficiency.
Strengths
The following positive indicators were identified for Five Points Community Development Corporation:
- Consistent reporting of 0% officer compensation, appropriate for its size.
- No reported liabilities across all filings, indicating no debt.
- Consistent IRS filing history (13 filings) demonstrates compliance.
Frequently Asked Questions about Five Points Community Development Corporation
Is Five Points Community Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Five Points Community Development Corporation (EIN: 204323794) some concerns. Mission Score: 60/100. 2 red flags identified, 3 strengths noted.
How does Five Points Community Development Corporation spend its money?
Five Points Community Development Corporation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Five Points Community Development Corporation tax-deductible?
Five Points Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 204323794). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What specific programs does Five Points Community Development Corporation operate with such limited funding?
The provided IRS 990 data does not offer details on specific programs. Given the consistently low revenue (e.g., $2,150 in 2023), any programs would likely be very small-scale or entirely volunteer-driven.
How does an organization operate with only $1 in assets?
An organization can operate with minimal reported assets if it primarily acts as a pass-through for funds, or if its operations are entirely supported by in-kind donations, volunteer labor, and immediate expenditure of received funds, without accumulating significant financial or physical assets.
Is the organization financially sustainable given its consistent break-even finances?
The organization consistently reports expenses equal to revenue, indicating it operates on a break-even basis. While this means it's not accumulating debt, it also suggests no reserves for future growth or unexpected needs, making its sustainability dependent on consistent, albeit small, annual funding.
Filing History
IRS 990 filing history for Five Points Community Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Five Points Community Development Corporation's revenue has declined by 49.9%, moving from $4K to $2K. Total assets increased by 0% over the same period, from $1 to $1. Total functional expenses fell by 67.7%, from $7K to $2K. In its most recent filing year (2023), Five Points Community Development Corporation reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $2K | $1 | $0 | — | View 990 |
| 2022 | $3K | $3K | $1 | $0 | — | — |
| 2021 | $3K | $3K | $1 | $0 | — | — |
| 2020 | $3K | $3K | $1 | $0 | — | View 990 |
| 2019 | $3K | $3K | $1 | $0 | — | View 990 |
| 2018 | $2K | $2K | $1 | $0 | — | View 990 |
| 2017 | $2K | $2K | $1 | $0 | — | View 990 |
| 2016 | $3K | $3K | $1 | $0 | — | View 990 |
| 2015 | $2K | $2K | $1 | $0 | — | View 990 |
| 2014 | $2K | $2K | $1 | $0 | — | View 990 |
| 2013 | $2K | $2K | $1 | $0 | — | View 990 |
| 2012 | $5K | $5K | $0 | $0 | — | View 990 |
| 2011 | $4K | $7K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $2K, and assets of $1 (revenue -24.6% year-over-year).
- 2022: Revenue of $3K, expenses of $3K, and assets of $1 (revenue +9.6% year-over-year).
- 2021: Revenue of $3K, expenses of $3K, and assets of $1 (revenue -10.3% year-over-year).
- 2020: Revenue of $3K, expenses of $3K, and assets of $1 (revenue +3.6% year-over-year).
- 2019: Revenue of $3K, expenses of $3K, and assets of $1 (revenue +27.3% year-over-year).
- 2018: Revenue of $2K, expenses of $2K, and assets of $1 (revenue +22.2% year-over-year).
- 2017: Revenue of $2K, expenses of $2K, and assets of $1 (revenue -40.3% year-over-year).
- 2016: Revenue of $3K, expenses of $3K, and assets of $1 (revenue +63.0% year-over-year).
- 2015: Revenue of $2K, expenses of $2K, and assets of $1 (revenue -11.5% year-over-year).
- 2014: Revenue of $2K, expenses of $2K, and assets of $1 (revenue -9.1% year-over-year).
- 2013: Revenue of $2K, expenses of $2K, and assets of $1 (revenue -48.9% year-over-year).
- 2012: Revenue of $5K, expenses of $5K, and assets of $0 (revenue +4.9% year-over-year).
- 2011: Revenue of $4K, expenses of $7K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Five Points Community Development Corporation:
Data Sources and Methodology
This transparency report for Five Points Community 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.