Ironwood Tourism Council Inc
EIN: 382641450 · Ironwood, MI · NTEE: S33Z
| Metric | Value |
|---|---|
| Total Revenue | $209K |
| Total Expenses | $227K |
| Net Assets | $151K |
Is Ironwood Tourism Council Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ironwood Tourism Council Inc
Ironwood Tourism Council Inc (EIN: 382641450) is a nonprofit organization based in Ironwood, MI, classified under NTEE code S33Z. The organization reported total revenue of $209K and total assets of $187K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ironwood Tourism Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ironwood Tourism Council Inc is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $201K |
| Total Expenses | $227K |
| Surplus / Deficit | $-25,399 |
| Total Assets | $151K |
| Net Assets | $151K |
| Operating Margin | -12.6% |
| Months of Reserves | 8.0 months |
Financial Health Grade: B
In 2023, Ironwood Tourism Council Inc reported a deficit of $25K with expenses exceeding revenue, holds 8.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Ironwood Tourism Council Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.1% | +64.2% | -14.4% |
| 2022 | +39.0% | -48.0% | +45.8% |
| 2021 | -15.0% | +257.3% | -51.1% |
| 2020 | -5.9% | +30.3% | +56.6% |
| 2019 | -4.2% | -66.6% | +285.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ironwood Tourism Council Inc 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 Ironwood Tourism Council Inc 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.
Frequently Asked Questions about Ironwood Tourism Council Inc
Is Ironwood Tourism Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ironwood Tourism Council Inc (EIN: 382641450) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ironwood Tourism Council Inc spend its money?
Detailed spending breakdown data is not yet available for Ironwood Tourism Council Inc. Check back for updated IRS 990 analysis.
Are donations to Ironwood Tourism Council Inc tax-deductible?
Ironwood Tourism Council Inc is registered as a tax-exempt nonprofit (EIN: 382641450). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ironwood Tourism Council Inc located?
Ironwood Tourism Council Inc is headquartered in Ironwood, Michigan and files with the IRS under EIN 382641450. It is classified under NTEE code S33Z.
How many years of IRS 990 filings does Ironwood Tourism Council Inc have?
Ironwood Tourism Council Inc 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 $209K in total revenue.
Filing History
IRS 990 filing history for Ironwood Tourism Council Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ironwood Tourism Council Inc's revenue has grown by 297.1%, moving from $51K to $201K. Total assets increased by 3050.7% over the same period, from $5K to $151K. Total functional expenses rose by 327%, from $53K to $227K. In its most recent filing year (2023), Ironwood Tourism Council Inc reported a deficit of $25K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $201K | $227K | $151K | $0 | — | View 990 |
| 2022 | $193K | $138K | $176K | $0 | — | View 990 |
| 2021 | $139K | $265K | $121K | $0 | — | View 990 |
| 2020 | $164K | $74K | $247K | $0 | — | View 990 |
| 2019 | $174K | $57K | $158K | $0 | — | View 990 |
| 2018 | $182K | $171K | $41K | $0 | — | View 990 |
| 2017 | $168K | $163K | $30K | $0 | — | View 990 |
| 2016 | $148K | $143K | $25K | $0 | — | View 990 |
| 2015 | $159K | $149K | $20K | $0 | — | View 990 |
| 2014 | $82K | $82K | $10K | $0 | — | View 990 |
| 2013 | $58K | $58K | $10K | $0 | — | View 990 |
| 2012 | $57K | $52K | $10K | $0 | — | View 990 |
| 2011 | $51K | $53K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $201K, expenses of $227K, and assets of $151K (revenue +4.1% year-over-year).
- 2022: Revenue of $193K, expenses of $138K, and assets of $176K (revenue +39.0% year-over-year).
- 2021: Revenue of $139K, expenses of $265K, and assets of $121K (revenue -15.0% year-over-year).
- 2020: Revenue of $164K, expenses of $74K, and assets of $247K (revenue -5.9% year-over-year).
- 2019: Revenue of $174K, expenses of $57K, and assets of $158K (revenue -4.2% year-over-year).
- 2018: Revenue of $182K, expenses of $171K, and assets of $41K (revenue +8.1% year-over-year).
- 2017: Revenue of $168K, expenses of $163K, and assets of $30K (revenue +13.4% year-over-year).
- 2016: Revenue of $148K, expenses of $143K, and assets of $25K (revenue -6.7% year-over-year).
- 2015: Revenue of $159K, expenses of $149K, and assets of $20K (revenue +92.6% year-over-year).
- 2014: Revenue of $82K, expenses of $82K, and assets of $10K (revenue +41.4% year-over-year).
- 2013: Revenue of $58K, expenses of $58K, and assets of $10K (revenue +2.5% year-over-year).
- 2012: Revenue of $57K, expenses of $52K, and assets of $10K (revenue +12.1% year-over-year).
- 2011: Revenue of $51K, expenses of $53K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ironwood Tourism Council Inc:
Data Sources and Methodology
This transparency report for Ironwood Tourism Council 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.