Historic Hillsboro Downtown Partnership
EIN: 472354839 · Hillsboro, OR · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $403K |
| Total Expenses | $416K |
| Net Assets | $-8,651 |
Is Historic Hillsboro Downtown Partnership Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Historic Hillsboro Downtown Partnership
Historic Hillsboro Downtown Partnership (EIN: 472354839) is a nonprofit organization based in Hillsboro, OR, classified under NTEE code S30. The organization reported total revenue of $403K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Historic Hillsboro Downtown Partnership's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Historic Hillsboro Downtown Partnership is a small nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2015–2022). Revenue has grown at a compound annual rate of 124.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $404K |
| Total Expenses | $416K |
| Surplus / Deficit | $-11,457 |
| Total Assets | $6K |
| Total Liabilities | $15K |
| Net Assets | $-8,651 |
| Operating Margin | -2.8% |
| Debt-to-Asset Ratio | 236.3% |
| Months of Reserves | 0.2 months |
Financial Health Grade: D
In 2022, Historic Hillsboro Downtown Partnership reported a deficit of $11K with expenses exceeding revenue, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 236.3% (high leverage).
Financial Trends
Over 8 years of filings (2015–2022), Historic Hillsboro Downtown Partnership's revenue has grown at a compound annual growth rate (CAGR) of 124.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +131.5% | +92.6% | +22.9% |
| 2021 | -29.2% | -14.9% | -88.2% |
| 2020 | +3.6% | -11.0% | -14.1% |
| 2019 | +19.9% | +54.4% | -48.0% |
| 2018 | +41.0% | +84.6% | +16.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Historic Hillsboro Downtown Partnership 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 Historic Hillsboro Downtown Partnership 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 $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 236.3%.
Frequently Asked Questions about Historic Hillsboro Downtown Partnership
Is Historic Hillsboro Downtown Partnership a legitimate charity?
Based on AI analysis of IRS 990 filings, Historic Hillsboro Downtown Partnership (EIN: 472354839) insufficient data. 0 red flags identified, 0 strengths noted.
How does Historic Hillsboro Downtown Partnership spend its money?
Detailed spending breakdown data is not yet available for Historic Hillsboro Downtown Partnership. Check back for updated IRS 990 analysis.
Are donations to Historic Hillsboro Downtown Partnership tax-deductible?
Historic Hillsboro Downtown Partnership is registered as a tax-exempt nonprofit (EIN: 472354839). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Historic Hillsboro Downtown Partnership located?
Historic Hillsboro Downtown Partnership is headquartered in Hillsboro, Oregon and files with the IRS under EIN 472354839. It is classified under NTEE code S30.
How many years of IRS 990 filings does Historic Hillsboro Downtown Partnership have?
Historic Hillsboro Downtown Partnership has 8 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 $403K in total revenue.
Filing History
IRS 990 filing history for Historic Hillsboro Downtown Partnership showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2015–2022), Historic Hillsboro Downtown Partnership's revenue has grown by 28763%, moving from $1K to $404K. Total assets increased by 1995.4% over the same period, from $303 to $6K. Total functional expenses rose by 37771.3%, from $1K to $416K. In its most recent filing year (2022), Historic Hillsboro Downtown Partnership reported a deficit of $11K, with expenses exceeding revenue. The organization holds $15K in liabilities against $6K in assets (debt-to-asset ratio: 236.3%), resulting in net assets of $-8,651.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $404K | $416K | $6K | $15K | — | — |
| 2021 | $175K | $216K | $5K | $2K | — | — |
| 2020 | $247K | $254K | $44K | $0 | — | — |
| 2019 | $238K | $285K | $51K | $0 | — | View 990 |
| 2018 | $198K | $185K | $98K | $0 | — | View 990 |
| 2017 | $141K | $100K | $85K | $92 | — | View 990 |
| 2016 | $108K | $65K | $47K | $3K | — | View 990 |
| 2015 | $1K | $1K | $303 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $404K, expenses of $416K, and assets of $6K (revenue +131.5% year-over-year).
- 2021: Revenue of $175K, expenses of $216K, and assets of $5K (revenue -29.2% year-over-year).
- 2020: Revenue of $247K, expenses of $254K, and assets of $44K (revenue +3.6% year-over-year).
- 2019: Revenue of $238K, expenses of $285K, and assets of $51K (revenue +19.9% year-over-year).
- 2018: Revenue of $198K, expenses of $185K, and assets of $98K (revenue +41.0% year-over-year).
- 2017: Revenue of $141K, expenses of $100K, and assets of $85K (revenue +30.1% year-over-year).
- 2016: Revenue of $108K, expenses of $65K, and assets of $47K (revenue +7623.5% year-over-year).
- 2015: Revenue of $1K, expenses of $1K, and assets of $303.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Historic Hillsboro Downtown Partnership:
Data Sources and Methodology
This transparency report for Historic Hillsboro Downtown Partnership 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.