Idaho Falls Downtown Development Corporation
EIN: 820467139 · Idaho Falls, ID
| Metric | Value |
|---|---|
| Total Revenue | $492K |
| Total Expenses | $564K |
| Net Assets | $56K |
Is Idaho Falls Downtown Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Idaho Falls Downtown Development Corporation
Idaho Falls Downtown Development Corporation (EIN: 820467139) is a nonprofit organization based in Idaho Falls, ID. The organization reported total revenue of $492K and total assets of $141K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Idaho Falls Downtown Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Idaho Falls Downtown Development Corporation is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $570K |
| Total Expenses | $564K |
| Surplus / Deficit | +$6K |
| Total Assets | $65K |
| Total Liabilities | $9K |
| Net Assets | $56K |
| Operating Margin | 1.1% |
| Debt-to-Asset Ratio | 13.7% |
| Months of Reserves | 1.4 months |
Financial Health Grade: A
In 2023, Idaho Falls Downtown Development Corporation reported a surplus of $6K with revenue exceeding expenses, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 13.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Idaho Falls Downtown Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 14.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.7% | +22.4% | +13.2% |
| 2022 | -5.6% | +23.5% | -51.9% |
| 2021 | +24.2% | +13.3% | +25.3% |
| 2020 | +64.9% | +31.1% | +21.4% |
| 2019 | +33.0% | +28.5% | -40.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Idaho Falls Downtown Development Corporation 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 Idaho Falls Downtown Development Corporation 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 surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.7%.
Frequently Asked Questions about Idaho Falls Downtown Development Corporation
Is Idaho Falls Downtown Development Corporation a legitimate charity?
Idaho Falls Downtown Development Corporation (EIN: 820467139) is a registered tax-exempt nonprofit based in Idaho. It has 13 years of IRS 990 filings on record. Total revenue: $492K. No red flags identified. Financial health grade: A.
How does Idaho Falls Downtown Development Corporation spend its money?
Idaho Falls Downtown Development Corporation reported $492K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Idaho Falls Downtown Development Corporation tax-deductible?
Idaho Falls Downtown Development Corporation is registered as a tax-exempt nonprofit (EIN: 820467139). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Idaho Falls Downtown Development Corporation located?
Idaho Falls Downtown Development Corporation is headquartered in Idaho Falls, Idaho and files with the IRS under EIN 820467139.
How many years of IRS 990 filings does Idaho Falls Downtown Development Corporation have?
Idaho Falls Downtown Development Corporation 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 $492K in total revenue.
Filing History
IRS 990 filing history for Idaho Falls Downtown Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Idaho Falls Downtown Development Corporation's revenue has grown by 404.4%, moving from $113K to $570K. Total assets decreased by 44.1% over the same period, from $116K to $65K. Total functional expenses rose by 489.4%, from $96K to $564K. In its most recent filing year (2023), Idaho Falls Downtown Development Corporation reported a surplus of $6K, with revenue exceeding expenses. The organization holds $9K in liabilities against $65K in assets (debt-to-asset ratio: 13.7%), resulting in net assets of $56K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $570K | $564K | $65K | $9K | — | View 990 |
| 2022 | $397K | $461K | $57K | $8K | — | View 990 |
| 2021 | $420K | $373K | $119K | $6K | — | View 990 |
| 2020 | $338K | $329K | $95K | $29K | — | — |
| 2019 | $205K | $251K | $78K | $22K | — | View 990 |
| 2018 | $154K | $195K | $132K | $30K | — | View 990 |
| 2017 | $136K | $125K | $150K | $7K | — | View 990 |
| 2016 | $112K | $122K | $140K | $7K | — | View 990 |
| 2015 | $105K | $123K | $152K | $10K | — | View 990 |
| 2014 | $111K | $97K | $166K | $5K | — | View 990 |
| 2013 | $117K | $101K | $150K | $4K | — | View 990 |
| 2012 | $111K | $93K | $133K | $3K | — | View 990 |
| 2011 | $113K | $96K | $116K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $570K, expenses of $564K, and assets of $65K (revenue +43.7% year-over-year).
- 2022: Revenue of $397K, expenses of $461K, and assets of $57K (revenue -5.6% year-over-year).
- 2021: Revenue of $420K, expenses of $373K, and assets of $119K (revenue +24.2% year-over-year).
- 2020: Revenue of $338K, expenses of $329K, and assets of $95K (revenue +64.9% year-over-year).
- 2019: Revenue of $205K, expenses of $251K, and assets of $78K (revenue +33.0% year-over-year).
- 2018: Revenue of $154K, expenses of $195K, and assets of $132K (revenue +13.3% year-over-year).
- 2017: Revenue of $136K, expenses of $125K, and assets of $150K (revenue +21.5% year-over-year).
- 2016: Revenue of $112K, expenses of $122K, and assets of $140K (revenue +6.8% year-over-year).
- 2015: Revenue of $105K, expenses of $123K, and assets of $152K (revenue -5.8% year-over-year).
- 2014: Revenue of $111K, expenses of $97K, and assets of $166K (revenue -5.2% year-over-year).
- 2013: Revenue of $117K, expenses of $101K, and assets of $150K (revenue +5.9% year-over-year).
- 2012: Revenue of $111K, expenses of $93K, and assets of $133K (revenue -1.8% year-over-year).
- 2011: Revenue of $113K, expenses of $96K, and assets of $116K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Idaho Falls Downtown Development Corporation:
Data Sources and Methodology
This transparency report for Idaho Falls Downtown Development Corporation 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.