Friends Of Historic Downtown West Branch
Friends Of Historic Downtown West Branch shows strong recent revenue growth and maintains zero liabilities with volunteer leadership.
EIN: 203304311 · West Branch, IA · NTEE: S31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $167K |
| Total Expenses | $202K |
| Program Spending | 90% |
| Net Assets | $189K |
| Transparency Score | 92/100 |
Is Friends Of Historic Downtown West Branch Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Historic Downtown West Branch directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Historic Downtown West Branch
Friends Of Historic Downtown West Branch (EIN: 203304311) is a nonprofit organization based in West Branch, IA, classified under NTEE code S31. The organization reported total revenue of $167K and total assets of $220K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Historic Downtown West Branch's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Historic Downtown West Branch is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $215K |
| Total Expenses | $202K |
| Surplus / Deficit | +$13K |
| Total Assets | $189K |
| Net Assets | $189K |
| Operating Margin | 6.0% |
| Months of Reserves | 11.2 months |
Financial Health Grade: A
In 2023, Friends Of Historic Downtown West Branch reported a surplus of $13K with revenue exceeding expenses, holds 11.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of Historic Downtown West Branch's revenue has declined at a compound annual growth rate (CAGR) of -5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.7% | +63.3% | +29.1% |
| 2022 | +53.8% | +99.2% | +11.6% |
| 2021 | +171.6% | +91.7% | +27.4% |
| 2020 | -37.7% | -28.9% | +0.9% |
| 2019 | +31.8% | +4.7% | +8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Friends Of Historic Downtown West Branch with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Friends Of Historic Downtown West Branch allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $13K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers and key employees are likely volunteers, which is a significant positive for directing funds to its mission.
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.
Strengths
The following positive indicators were identified for Friends Of Historic Downtown West Branch:
- Strong recent revenue growth (from $33,205 in 2020 to $214,612 in 2023)
- Consistent zero liabilities across all filings
- No reported officer compensation, indicating volunteer leadership
- Healthy asset base relative to operations ($188,632 in assets in 2023)
- Consistent financial surpluses in most recent years (e.g., $12,957 surplus in 2023)
Frequently Asked Questions about Friends Of Historic Downtown West Branch
Is Friends Of Historic Downtown West Branch a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Historic Downtown West Branch (EIN: 203304311) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Friends Of Historic Downtown West Branch spend its money?
Friends Of Historic Downtown West Branch directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Historic Downtown West Branch tax-deductible?
Friends Of Historic Downtown West Branch is registered as a tax-exempt nonprofit (EIN: 203304311). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of Historic Downtown West Branch's spending goes to programs?
Friends Of Historic Downtown West Branch directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Historic Downtown West Branch compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Friends Of Historic Downtown West Branch 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 Friends Of Historic Downtown West Branch located?
Friends Of Historic Downtown West Branch is headquartered in West Branch, Iowa and files with the IRS under EIN 203304311. It is classified under NTEE code S31.
How many years of IRS 990 filings does Friends Of Historic Downtown West Branch have?
Friends Of Historic Downtown West Branch 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 $167K in total revenue.
Is Friends Of Historic Downtown West Branch a good charity?
Based on the financial data, Friends Of Historic Downtown West Branch appears to be a good charity. It demonstrates strong financial health, consistent revenue growth in recent years (e.g., $33,205 in 2020 to $214,612 in 2023), zero liabilities, and a commitment to volunteer leadership, ensuring funds are primarily used for its programs.
How has the organization's revenue trended over time?
The organization's revenue has shown significant growth in recent years, increasing from $33,205 in 2020 to $214,612 in 2023, after a period of relatively stable lower revenues in the mid-2010s.
What is the organization's liability situation?
Friends Of Historic Downtown West Branch has consistently reported $0 in liabilities across all available IRS 990 filings, indicating excellent financial stability and responsible management.
Does the organization pay its officers?
No, the organization reports 0% officer compensation in all available filings, suggesting that its leadership is volunteer-based.
Filing History
IRS 990 filing history for Friends Of Historic Downtown West Branch showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of Historic Downtown West Branch's revenue has declined by 48.7%, moving from $418K to $215K. Total assets decreased by 50.6% over the same period, from $382K to $189K. Total functional expenses fell by 31%, from $292K to $202K. In its most recent filing year (2023), Friends Of Historic Downtown West Branch reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $215K | $202K | $189K | $0 | — | — |
| 2022 | $139K | $123K | $146K | $0 | — | View 990 |
| 2021 | $90K | $62K | $131K | $0 | — | View 990 |
| 2020 | $33K | $32K | $103K | $0 | — | View 990 |
| 2019 | $53K | $45K | $102K | $0 | — | View 990 |
| 2018 | $40K | $43K | $94K | $0 | — | View 990 |
| 2017 | $44K | $45K | $97K | $0 | — | View 990 |
| 2016 | $41K | $50K | $97K | $0 | — | View 990 |
| 2015 | $49K | $50K | $247K | $0 | — | View 990 |
| 2014 | $69K | $66K | $248K | $0 | — | View 990 |
| 2013 | $68K | $67K | $246K | $0 | — | View 990 |
| 2012 | $342K | $344K | $244K | $0 | — | View 990 |
| 2011 | $418K | $292K | $382K | $135K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $215K, expenses of $202K, and assets of $189K (revenue +54.7% year-over-year).
- 2022: Revenue of $139K, expenses of $123K, and assets of $146K (revenue +53.8% year-over-year).
- 2021: Revenue of $90K, expenses of $62K, and assets of $131K (revenue +171.6% year-over-year).
- 2020: Revenue of $33K, expenses of $32K, and assets of $103K (revenue -37.7% year-over-year).
- 2019: Revenue of $53K, expenses of $45K, and assets of $102K (revenue +31.8% year-over-year).
- 2018: Revenue of $40K, expenses of $43K, and assets of $94K (revenue -9.2% year-over-year).
- 2017: Revenue of $44K, expenses of $45K, and assets of $97K (revenue +8.1% year-over-year).
- 2016: Revenue of $41K, expenses of $50K, and assets of $97K (revenue -16.4% year-over-year).
- 2015: Revenue of $49K, expenses of $50K, and assets of $247K (revenue -28.5% year-over-year).
- 2014: Revenue of $69K, expenses of $66K, and assets of $248K (revenue +1.0% year-over-year).
- 2013: Revenue of $68K, expenses of $67K, and assets of $246K (revenue -80.1% year-over-year).
- 2012: Revenue of $342K, expenses of $344K, and assets of $244K (revenue -18.3% year-over-year).
- 2011: Revenue of $418K, expenses of $292K, and assets of $382K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Historic Downtown West Branch:
Data Sources and Methodology
This transparency report for Friends Of Historic Downtown West Branch 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.