Historic Downtown Millersburg Inc
Historic Downtown Millersburg Inc maintains stable finances with no executive compensation and growing assets.
EIN: 203497009 · Millersburg, OH · NTEE: S20 · Updated: 2026-03-28
Is Historic Downtown Millersburg 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 Millersburg Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Historic Downtown Millersburg Inc
Historic Downtown Millersburg Inc (EIN: 203497009) is a nonprofit organization based in Millersburg, OH, classified under NTEE code S20. The organization reported total revenue of $427K and total assets of $259K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Historic Downtown Millersburg 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 Millersburg Inc with a Mission Score of 88 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 Millersburg 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 Millersburg Inc reports 0% officer compensation across all available filings, indicating that its leadership serves on a volunteer basis, which is highly commendable for an organization of its size and revenue, ensuring more funds are available for 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.
Red Flags
The following concerns were identified during AI analysis of Historic Downtown Millersburg Inc's IRS 990 filings:
- Occasional operating deficits, such as in 2023 where expenses ($185,630) exceeded revenue ($173,935).
Strengths
The following positive indicators were identified for Historic Downtown Millersburg Inc:
- Consistent IRS 990 filing history (13 filings) demonstrating transparency.
- Zero officer compensation across all reported periods, indicating volunteer leadership and efficient use of funds.
- Consistent growth in assets over the past decade, from $2,071 in 2015 to $86,473 in 2023.
- Stable revenue streams, generally between $100,000 and $200,000 annually, supporting ongoing operations.
Frequently Asked Questions about Historic Downtown Millersburg Inc
Is Historic Downtown Millersburg Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Historic Downtown Millersburg Inc (EIN: 203497009) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Historic Downtown Millersburg Inc spend its money?
Historic Downtown Millersburg Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Historic Downtown Millersburg Inc tax-deductible?
Historic Downtown Millersburg Inc is registered as a tax-exempt nonprofit (EIN: 203497009). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Historic Downtown Millersburg Inc a good charity?
Based on the provided data, Historic Downtown Millersburg Inc appears to be a good charity. It consistently files its IRS 990s, has no officer compensation, and has shown growth in assets over time, indicating responsible financial stewardship.
How does Historic Downtown Millersburg Inc manage its expenses?
The organization generally manages its expenses well, with revenues often closely matching or slightly exceeding expenses. For example, in 2021, revenue was $180,269 against expenses of $146,786, showing a surplus. While 2023 saw a slight deficit ($173,935 revenue vs. $185,630 expenses), this is not uncommon for nonprofits and its overall financial health remains stable.
What is the trend in Historic Downtown Millersburg Inc's assets?
Historic Downtown Millersburg Inc has shown a positive trend in its assets, growing from $2,071 in 2015 to $86,473 in 2023, and reaching $98,943 in 2022. This indicates a healthy accumulation of resources over time.
Filing History
IRS 990 filing history for Historic Downtown Millersburg Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Historic Downtown Millersburg Inc's revenue has grown by 90.8%, moving from $91K to $174K. Total assets increased by 634.7% over the same period, from $12K to $86K. Total functional expenses rose by 115.6%, from $86K to $186K. In its most recent filing year (2023), Historic Downtown Millersburg Inc reported a deficit of $12K, with expenses exceeding revenue. The organization holds $2K in liabilities against $86K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $85K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $174K | $186K | $86K | $2K | — | — |
| 2022 | $195K | $189K | $99K | $2K | — | View 990 |
| 2021 | $180K | $147K | $93K | $3K | — | View 990 |
| 2020 | $119K | $98K | $66K | $10K | — | View 990 |
| 2019 | $133K | $122K | $38K | $2K | — | View 990 |
| 2018 | $122K | $125K | $27K | $2K | — | View 990 |
| 2017 | $96K | $94K | $30K | $2K | — | View 990 |
| 2016 | $105K | $81K | $27K | $801 | — | View 990 |
| 2015 | $118K | $131K | $2K | $0 | — | View 990 |
| 2014 | $85K | $98K | $15K | $809 | — | View 990 |
| 2013 | $103K | $97K | $29K | $1K | — | View 990 |
| 2012 | $98K | $88K | $22K | $865 | — | View 990 |
| 2011 | $91K | $86K | $12K | $103 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $174K, expenses of $186K, and assets of $86K (revenue -11.0% year-over-year).
- 2022: Revenue of $195K, expenses of $189K, and assets of $99K (revenue +8.4% year-over-year).
- 2021: Revenue of $180K, expenses of $147K, and assets of $93K (revenue +51.1% year-over-year).
- 2020: Revenue of $119K, expenses of $98K, and assets of $66K (revenue -10.0% year-over-year).
- 2019: Revenue of $133K, expenses of $122K, and assets of $38K (revenue +8.3% year-over-year).
- 2018: Revenue of $122K, expenses of $125K, and assets of $27K (revenue +27.1% year-over-year).
- 2017: Revenue of $96K, expenses of $94K, and assets of $30K (revenue -8.0% year-over-year).
- 2016: Revenue of $105K, expenses of $81K, and assets of $27K (revenue -11.3% year-over-year).
- 2015: Revenue of $118K, expenses of $131K, and assets of $2K (revenue +38.7% year-over-year).
- 2014: Revenue of $85K, expenses of $98K, and assets of $15K (revenue -17.7% year-over-year).
- 2013: Revenue of $103K, expenses of $97K, and assets of $29K (revenue +5.5% year-over-year).
- 2012: Revenue of $98K, expenses of $88K, and assets of $22K (revenue +7.5% year-over-year).
- 2011: Revenue of $91K, expenses of $86K, and assets of $12K.
Data Sources and Methodology
This transparency report for Historic Downtown Millersburg 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.