Irons Area Tourist Association
EIN: 382177926 · Irons, MI
| Metric | Value |
|---|---|
| Total Revenue | $469K |
| Total Expenses | $141K |
| Net Assets | $296K |
Is Irons Area Tourist Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Irons Area Tourist Association
Irons Area Tourist Association (EIN: 382177926) is a nonprofit organization based in Irons, MI. The organization reported total revenue of $469K and total assets of $619K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Irons Area Tourist Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Irons Area Tourist Association is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $116K |
| Total Expenses | $141K |
| Surplus / Deficit | $-24,684 |
| Total Assets | $318K |
| Total Liabilities | $22K |
| Net Assets | $296K |
| Operating Margin | -21.2% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 27.0 months |
Financial Health Grade: B
In 2023, Irons Area Tourist Association reported a deficit of $25K with expenses exceeding revenue, holds 27.0 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Irons Area Tourist Association's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.9% | -2.6% | -1.7% |
| 2022 | +51.4% | +50.7% | +6.4% |
| 2021 | +31.1% | -1.7% | +3.5% |
| 2020 | -42.1% | -33.1% | -11.0% |
| 2019 | +16.6% | +27.7% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Irons Area Tourist 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 Irons Area Tourist 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 $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.8%.
Frequently Asked Questions about Irons Area Tourist Association
Is Irons Area Tourist Association a legitimate charity?
Irons Area Tourist Association (EIN: 382177926) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $469K. No red flags identified. Financial health grade: B.
How does Irons Area Tourist Association spend its money?
Irons Area Tourist Association reported $469K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Irons Area Tourist Association tax-deductible?
Irons Area Tourist Association is registered as a tax-exempt nonprofit (EIN: 382177926). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Irons Area Tourist Association located?
Irons Area Tourist Association is headquartered in Irons, Michigan and files with the IRS under EIN 382177926.
How many years of IRS 990 filings does Irons Area Tourist Association have?
Irons Area Tourist Association 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 $469K in total revenue.
Filing History
IRS 990 filing history for Irons Area Tourist Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Irons Area Tourist Association's revenue has grown by 13.9%, moving from $102K to $116K. Total assets decreased by 34.2% over the same period, from $483K to $318K. Total functional expenses fell by 14.6%, from $165K to $141K. In its most recent filing year (2023), Irons Area Tourist Association reported a deficit of $25K, with expenses exceeding revenue. The organization holds $22K in liabilities against $318K in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $296K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $116K | $141K | $318K | $22K | — | View 990 |
| 2022 | $166K | $145K | $323K | $3K | — | View 990 |
| 2021 | $110K | $96K | $304K | $4K | — | View 990 |
| 2020 | $84K | $98K | $294K | $8K | — | — |
| 2019 | $144K | $146K | $330K | $30K | — | View 990 |
| 2018 | $124K | $114K | $327K | $25K | — | View 990 |
| 2017 | $119K | $130K | $310K | $17K | — | View 990 |
| 2016 | $112K | $150K | $310K | $6K | — | View 990 |
| 2015 | $103K | $117K | $348K | $7K | — | View 990 |
| 2014 | $126K | $173K | $365K | $9K | — | View 990 |
| 2013 | $108K | $159K | $413K | $11K | — | View 990 |
| 2012 | $128K | $154K | $467K | $14K | — | View 990 |
| 2011 | $102K | $165K | $483K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $116K, expenses of $141K, and assets of $318K (revenue -29.9% year-over-year).
- 2022: Revenue of $166K, expenses of $145K, and assets of $323K (revenue +51.4% year-over-year).
- 2021: Revenue of $110K, expenses of $96K, and assets of $304K (revenue +31.1% year-over-year).
- 2020: Revenue of $84K, expenses of $98K, and assets of $294K (revenue -42.1% year-over-year).
- 2019: Revenue of $144K, expenses of $146K, and assets of $330K (revenue +16.6% year-over-year).
- 2018: Revenue of $124K, expenses of $114K, and assets of $327K (revenue +4.1% year-over-year).
- 2017: Revenue of $119K, expenses of $130K, and assets of $310K (revenue +5.9% year-over-year).
- 2016: Revenue of $112K, expenses of $150K, and assets of $310K (revenue +8.9% year-over-year).
- 2015: Revenue of $103K, expenses of $117K, and assets of $348K (revenue -17.8% year-over-year).
- 2014: Revenue of $126K, expenses of $173K, and assets of $365K (revenue +15.9% year-over-year).
- 2013: Revenue of $108K, expenses of $159K, and assets of $413K (revenue -15.4% year-over-year).
- 2012: Revenue of $128K, expenses of $154K, and assets of $467K (revenue +25.4% year-over-year).
- 2011: Revenue of $102K, expenses of $165K, and assets of $483K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Irons Area Tourist Association:
Data Sources and Methodology
This transparency report for Irons Area Tourist 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.