Forest City Enhancement Committee
EIN: 850947770 · Forest City, IA · NTEE: C50
| Metric | Value |
|---|---|
| Total Revenue | $182K |
| Total Expenses | $30K |
| Net Assets | $200K |
Is Forest City Enhancement Committee Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Forest City Enhancement Committee
Forest City Enhancement Committee (EIN: 850947770) is a nonprofit organization based in Forest City, IA, classified under NTEE code C50. The organization reported total revenue of $182K and total assets of $353K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forest City Enhancement Committee's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forest City Enhancement Committee is a small nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2020–2022). Revenue has grown at a compound annual rate of -90.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $30K |
| Surplus / Deficit | $-28,145 |
| Total Assets | $200K |
| Net Assets | $200K |
| Operating Margin | -2049.9% |
| Months of Reserves | 81.2 months |
Financial Health Grade: B
In 2022, Forest City Enhancement Committee reported a deficit of $28K with expenses exceeding revenue, holds 81.2 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2020–2022), Forest City Enhancement Committee's revenue has declined at a compound annual growth rate (CAGR) of -90.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -98.6% | +148.2% | -12.4% |
| 2021 | -33.1% | +422.5% | +59.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Forest City Enhancement Committee 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 Forest City Enhancement Committee 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
Frequently Asked Questions about Forest City Enhancement Committee
Is Forest City Enhancement Committee a legitimate charity?
Based on AI analysis of IRS 990 filings, Forest City Enhancement Committee (EIN: 850947770) insufficient data. 0 red flags identified, 0 strengths noted.
How does Forest City Enhancement Committee spend its money?
Detailed spending breakdown data is not yet available for Forest City Enhancement Committee. Check back for updated IRS 990 analysis.
Are donations to Forest City Enhancement Committee tax-deductible?
Forest City Enhancement Committee is registered as a tax-exempt nonprofit (EIN: 850947770). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Forest City Enhancement Committee located?
Forest City Enhancement Committee is headquartered in Forest City, Iowa and files with the IRS under EIN 850947770. It is classified under NTEE code C50.
How many years of IRS 990 filings does Forest City Enhancement Committee have?
Forest City Enhancement Committee has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $182K in total revenue.
Filing History
IRS 990 filing history for Forest City Enhancement Committee showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2020–2022), Forest City Enhancement Committee's revenue has declined by 99.1%, moving from $145K to $1K. Total assets increased by 39.9% over the same period, from $143K to $200K. Total functional expenses rose by 1196.9%, from $2K to $30K. In its most recent filing year (2022), Forest City Enhancement Committee reported a deficit of $28K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1K | $30K | $200K | $0 | — | View 990 |
| 2021 | $97K | $12K | $228K | $0 | — | — |
| 2020 | $145K | $2K | $143K | $0 | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $1K, expenses of $30K, and assets of $200K (revenue -98.6% year-over-year).
- 2021: Revenue of $97K, expenses of $12K, and assets of $228K (revenue -33.1% year-over-year).
- 2020: Revenue of $145K, expenses of $2K, and assets of $143K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forest City Enhancement Committee:
Data Sources and Methodology
This transparency report for Forest City Enhancement Committee 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.