Jennings County Economic Development Commission Inc
EIN: 351844171 · North Vernon, IN
| Metric | Value |
|---|---|
| Total Revenue | $422K |
| Total Expenses | $342K |
| Net Assets | $553K |
Is Jennings County Economic Development Commission Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jennings County Economic Development Commission Inc
Jennings County Economic Development Commission Inc (EIN: 351844171) is a nonprofit organization based in North Vernon, IN. The organization reported total revenue of $422K and total assets of $578K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jennings County Economic Development Commission Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jennings County Economic Development Commission Inc is a small nonprofit, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $342K |
| Total Expenses | $342K |
| Surplus / Deficit | $-576 |
| Total Assets | $554K |
| Total Liabilities | $1K |
| Net Assets | $553K |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 19.4 months |
Financial Health Grade: B
In 2023, Jennings County Economic Development Commission Inc reported a deficit of $576 with expenses exceeding revenue, holds 19.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Jennings County Economic Development Commission Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.6% | +27.9% | -0.1% |
| 2022 | +51.1% | +6.5% | +16.8% |
| 2021 | +1.1% | +16.7% | -4.3% |
| 2020 | -15.4% | -23.4% | +2.4% |
| 2019 | -0.3% | -7.6% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jennings County Economic Development Commission 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 Jennings County Economic Development Commission 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 $576, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Jennings County Economic Development Commission Inc
Is Jennings County Economic Development Commission Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jennings County Economic Development Commission Inc (EIN: 351844171) insufficient data. 0 red flags identified, 0 strengths noted.
How does Jennings County Economic Development Commission Inc spend its money?
Detailed spending breakdown data is not yet available for Jennings County Economic Development Commission Inc. Check back for updated IRS 990 analysis.
Are donations to Jennings County Economic Development Commission Inc tax-deductible?
Jennings County Economic Development Commission Inc is registered as a tax-exempt nonprofit (EIN: 351844171). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jennings County Economic Development Commission Inc located?
Jennings County Economic Development Commission Inc is headquartered in North Vernon, Indiana and files with the IRS under EIN 351844171.
How many years of IRS 990 filings does Jennings County Economic Development Commission Inc have?
Jennings County Economic Development Commission 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 $422K in total revenue.
Filing History
IRS 990 filing history for Jennings County Economic Development Commission Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jennings County Economic Development Commission Inc's revenue has declined by 3.1%, moving from $353K to $342K. Total assets decreased by 20.6% over the same period, from $698K to $554K. Total functional expenses fell by 11%, from $384K to $342K. In its most recent filing year (2023), Jennings County Economic Development Commission Inc reported a deficit of $576, with expenses exceeding revenue. The organization holds $1K in liabilities against $554K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $553K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $342K | $342K | $554K | $1K | — | View 990 |
| 2022 | $347K | $268K | $555K | $1K | — | — |
| 2021 | $230K | $251K | $475K | $536 | — | View 990 |
| 2020 | $227K | $215K | $496K | $396 | — | View 990 |
| 2019 | $269K | $281K | $485K | $808 | — | View 990 |
| 2018 | $270K | $304K | $503K | $6K | — | View 990 |
| 2017 | $277K | $266K | $540K | $9K | — | View 990 |
| 2016 | $290K | $323K | $524K | $4K | — | View 990 |
| 2015 | $453K | $442K | $554K | $2K | — | View 990 |
| 2014 | $429K | $377K | $545K | $4K | — | View 990 |
| 2013 | $862K | $744K | $541K | $51K | — | View 990 |
| 2012 | $564K | $606K | $375K | $3K | — | View 990 |
| 2011 | $353K | $384K | $698K | $284K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $342K, expenses of $342K, and assets of $554K (revenue -1.6% year-over-year).
- 2022: Revenue of $347K, expenses of $268K, and assets of $555K (revenue +51.1% year-over-year).
- 2021: Revenue of $230K, expenses of $251K, and assets of $475K (revenue +1.1% year-over-year).
- 2020: Revenue of $227K, expenses of $215K, and assets of $496K (revenue -15.4% year-over-year).
- 2019: Revenue of $269K, expenses of $281K, and assets of $485K (revenue -0.3% year-over-year).
- 2018: Revenue of $270K, expenses of $304K, and assets of $503K (revenue -2.7% year-over-year).
- 2017: Revenue of $277K, expenses of $266K, and assets of $540K (revenue -4.6% year-over-year).
- 2016: Revenue of $290K, expenses of $323K, and assets of $524K (revenue -35.9% year-over-year).
- 2015: Revenue of $453K, expenses of $442K, and assets of $554K (revenue +5.7% year-over-year).
- 2014: Revenue of $429K, expenses of $377K, and assets of $545K (revenue -50.3% year-over-year).
- 2013: Revenue of $862K, expenses of $744K, and assets of $541K (revenue +53.0% year-over-year).
- 2012: Revenue of $564K, expenses of $606K, and assets of $375K (revenue +59.7% year-over-year).
- 2011: Revenue of $353K, expenses of $384K, and assets of $698K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jennings County Economic Development Commission Inc:
Data Sources and Methodology
This transparency report for Jennings County Economic Development Commission 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.