Hamilton Downtown Association
EIN: 274526064 · Hamilton, MT · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $94K |
| Total Expenses | $96K |
| Net Assets | $6K |
Is Hamilton Downtown Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hamilton Downtown Association
Hamilton Downtown Association (EIN: 274526064) is a nonprofit organization based in Hamilton, MT, classified under NTEE code S40. The organization reported total revenue of $94K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hamilton Downtown Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hamilton Downtown Association is a micro nonprofit that has been operating for 13 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $92K |
| Total Expenses | $96K |
| Surplus / Deficit | $-4,468 |
| Total Assets | $7K |
| Total Liabilities | $322 |
| Net Assets | $6K |
| Operating Margin | -4.9% |
| Debt-to-Asset Ratio | 4.9% |
| Months of Reserves | 0.8 months |
Financial Health Grade: C
In 2023, Hamilton Downtown Association reported a deficit of $4K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 4.9% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Hamilton Downtown Association's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.7% | +36.0% | -70.6% |
| 2022 | +226.2% | +125.2% | +58.3% |
| 2021 | -79.7% | -64.5% | -42.1% |
| 2020 | +100.2% | +73.3% | +128.0% |
| 2019 | -11.4% | -9.7% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hamilton Downtown Association 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 Hamilton Downtown Association 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.9%.
Frequently Asked Questions about Hamilton Downtown Association
Is Hamilton Downtown Association a legitimate charity?
Hamilton Downtown Association (EIN: 274526064) is a registered tax-exempt nonprofit based in Montana. It has 7 years of IRS 990 filings on record. Total revenue: $94K. No red flags identified. Financial health grade: C.
How does Hamilton Downtown Association spend its money?
Hamilton Downtown Association reported $94K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hamilton Downtown Association tax-deductible?
Hamilton Downtown Association is registered as a tax-exempt nonprofit (EIN: 274526064). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hamilton Downtown Association located?
Hamilton Downtown Association is headquartered in Hamilton, Montana and files with the IRS under EIN 274526064. It is classified under NTEE code S40.
How many years of IRS 990 filings does Hamilton Downtown Association have?
Hamilton Downtown Association has 7 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 $94K in total revenue.
Filing History
IRS 990 filing history for Hamilton Downtown Association showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Hamilton Downtown Association's revenue has grown by 21.8%, moving from $75K to $92K. Total assets decreased by 31.1% over the same period, from $10K to $7K. Total functional expenses rose by 34.6%, from $71K to $96K. In its most recent filing year (2023), Hamilton Downtown Association reported a deficit of $4K, with expenses exceeding revenue. The organization holds $322 in liabilities against $7K in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $6K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $92K | $96K | $7K | $322 | — | — |
| 2022 | $67K | $71K | $23K | $12K | — | View 990 |
| 2021 | $21K | $31K | $14K | $326 | — | View 990 |
| 2020 | $102K | $88K | $25K | $0 | — | — |
| 2019 | $51K | $51K | $11K | $0 | — | View 990 |
| 2018 | $58K | $56K | $11K | $0 | — | View 990 |
| 2017 | $75K | $71K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $92K, expenses of $96K, and assets of $7K (revenue +35.7% year-over-year).
- 2022: Revenue of $67K, expenses of $71K, and assets of $23K (revenue +226.2% year-over-year).
- 2021: Revenue of $21K, expenses of $31K, and assets of $14K (revenue -79.7% year-over-year).
- 2020: Revenue of $102K, expenses of $88K, and assets of $25K (revenue +100.2% year-over-year).
- 2019: Revenue of $51K, expenses of $51K, and assets of $11K (revenue -11.4% year-over-year).
- 2018: Revenue of $58K, expenses of $56K, and assets of $11K (revenue -23.4% year-over-year).
- 2017: Revenue of $75K, expenses of $71K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hamilton Downtown Association:
Data Sources and Methodology
This transparency report for Hamilton Downtown Association 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.