Historic Downtown Liberty Inc
Historic Downtown Liberty Inc. shows consistent growth and no executive compensation, maintaining strong financial health.
EIN: 204020297 · Liberty, MO · NTEE: A80 · Updated: 2026-03-28
Is Historic Downtown Liberty Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Historic Downtown Liberty Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Historic Downtown Liberty Inc
Historic Downtown Liberty Inc (EIN: 204020297) is a nonprofit organization based in Liberty, MO, classified under NTEE code A80. The organization reported total revenue of $353K and total assets of $105K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Historic Downtown Liberty Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Historic Downtown Liberty Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Historic Downtown Liberty Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Historic Downtown Liberty Inc. consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its 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 Historic Downtown Liberty Inc's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($377,426 vs. $362,891), indicating a slight operating deficit for that period.
Strengths
The following positive indicators were identified for Historic Downtown Liberty Inc:
- Consistent revenue growth over the past decade, from $111,284 in 2014 to $362,891 in 2023.
- Significant asset growth, from $12,143 in 2014 to $168,733 in 2023, indicating strong financial accumulation.
- 0% officer compensation reported across all filings, demonstrating a high commitment to mission-focused spending.
- Healthy asset-to-liability ratio, with assets significantly exceeding liabilities (e.g., $168,733 assets vs. $58,764 liabilities in 2023).
Frequently Asked Questions about Historic Downtown Liberty Inc
Is Historic Downtown Liberty Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Historic Downtown Liberty Inc (EIN: 204020297) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Historic Downtown Liberty Inc spend its money?
Historic Downtown Liberty Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Historic Downtown Liberty Inc tax-deductible?
Historic Downtown Liberty Inc is registered as a tax-exempt nonprofit (EIN: 204020297). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Historic Downtown Liberty Inc. a good charity?
Based on its financial data, Historic Downtown Liberty Inc. appears to be a good charity. It demonstrates consistent revenue growth, healthy asset accumulation, and notably, reports 0% officer compensation, indicating a strong commitment to its mission.
How has Historic Downtown Liberty Inc.'s financial health changed over time?
The organization has shown significant financial growth, with revenue increasing from $111,284 in 2014 to $362,891 in 2023, and assets growing from $12,143 to $168,733 over the same period, indicating improving financial health.
Does Historic Downtown Liberty Inc. spend efficiently?
Yes, the organization appears to spend efficiently, especially given the consistent reporting of 0% officer compensation, which means more of its funds are available for program activities and operational costs.
Filing History
IRS 990 filing history for Historic Downtown Liberty Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Historic Downtown Liberty Inc's revenue has grown by 313.6%, moving from $88K to $363K. Total assets increased by 2813.2% over the same period, from $6K to $169K. Total functional expenses rose by 320.2%, from $90K to $377K. In its most recent filing year (2023), Historic Downtown Liberty Inc reported a deficit of $15K, with expenses exceeding revenue. The organization holds $59K in liabilities against $169K in assets (debt-to-asset ratio: 34.8%), resulting in net assets of $110K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $363K | $377K | $169K | $59K | — | View 990 |
| 2022 | $360K | $308K | $165K | $42K | — | View 990 |
| 2021 | $264K | $248K | $103K | $33K | — | View 990 |
| 2020 | $175K | $181K | $99K | $62K | — | View 990 |
| 2019 | $236K | $228K | $47K | $4K | — | View 990 |
| 2018 | $184K | $182K | $44K | $9K | — | View 990 |
| 2017 | $169K | $149K | $48K | $15K | — | View 990 |
| 2016 | $165K | $147K | $49K | $35K | — | View 990 |
| 2015 | $123K | $128K | $21K | $25K | — | View 990 |
| 2014 | $111K | $106K | $12K | $12K | — | View 990 |
| 2013 | $109K | $94K | $33K | $18K | — | View 990 |
| 2012 | $98K | $101K | $35K | $35K | — | View 990 |
| 2011 | $88K | $90K | $6K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $363K, expenses of $377K, and assets of $169K (revenue +0.7% year-over-year).
- 2022: Revenue of $360K, expenses of $308K, and assets of $165K (revenue +36.6% year-over-year).
- 2021: Revenue of $264K, expenses of $248K, and assets of $103K (revenue +50.9% year-over-year).
- 2020: Revenue of $175K, expenses of $181K, and assets of $99K (revenue -25.9% year-over-year).
- 2019: Revenue of $236K, expenses of $228K, and assets of $47K (revenue +28.1% year-over-year).
- 2018: Revenue of $184K, expenses of $182K, and assets of $44K (revenue +8.9% year-over-year).
- 2017: Revenue of $169K, expenses of $149K, and assets of $48K (revenue +2.7% year-over-year).
- 2016: Revenue of $165K, expenses of $147K, and assets of $49K (revenue +33.6% year-over-year).
- 2015: Revenue of $123K, expenses of $128K, and assets of $21K (revenue +10.8% year-over-year).
- 2014: Revenue of $111K, expenses of $106K, and assets of $12K (revenue +1.9% year-over-year).
- 2013: Revenue of $109K, expenses of $94K, and assets of $33K (revenue +11.6% year-over-year).
- 2012: Revenue of $98K, expenses of $101K, and assets of $35K (revenue +11.5% year-over-year).
- 2011: Revenue of $88K, expenses of $90K, and assets of $6K.
Data Sources and Methodology
This transparency report for Historic Downtown Liberty 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.