Keep Durham Beautiful Inc
Keep Durham Beautiful Inc. experiences two consecutive years of deficit spending, drawing down assets.
EIN: 20735076 · Durham, NC · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $248K |
| Total Expenses | $386K |
| Program Spending | 80% |
| Net Assets | $287K |
| Transparency Score | 75/100 |
Is Keep Durham Beautiful Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Keep Durham Beautiful Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Keep Durham Beautiful Inc
Keep Durham Beautiful Inc (EIN: 20735076) is a nonprofit organization based in Durham, NC, classified under NTEE code S20. The organization reported total revenue of $248K and total assets of $274K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keep Durham Beautiful Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Keep Durham Beautiful Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $250K |
| Total Expenses | $386K |
| Surplus / Deficit | $-136,738 |
| Total Assets | $295K |
| Total Liabilities | $8K |
| Net Assets | $287K |
| Operating Margin | -54.8% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 9.2 months |
Financial Health Grade: B
In 2023, Keep Durham Beautiful Inc reported a deficit of $137K with expenses exceeding revenue, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Keep Durham Beautiful Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.0% | +18.8% | -5.6% |
| 2022 | +58.6% | +175.8% | +15.2% |
| 2021 | +17.4% | -24.6% | +20.3% |
| 2020 | -18.7% | +106.0% | -7.9% |
| 2019 | +130.0% | -37.9% | +62.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Keep Durham Beautiful Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Keep Durham Beautiful Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $137K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that the organization's officers are either unpaid volunteers or compensated through other means not categorized as officer compensation, which is a positive sign for minimizing overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Keep Durham Beautiful Inc's IRS 990 filings:
- Expenses significantly exceeded revenue in the latest two fiscal periods (202306 and 202206), indicating deficit spending.
- A decrease in assets from $312,437 in 202206 to $295,017 in 202306, suggesting the organization is drawing down reserves.
Strengths
The following positive indicators were identified for Keep Durham Beautiful Inc:
- Consistent history of IRS 990 filings, demonstrating transparency.
- No reported officer compensation across all available filings, indicating efficient use of funds at the executive level.
- Low liabilities ($8,085 in 202306) relative to assets, suggesting good debt management.
- Long-term growth in assets, from $37,888 in 201406 to $295,017 in 202306, indicating historical financial health.
Frequently Asked Questions about Keep Durham Beautiful Inc
Is Keep Durham Beautiful Inc a legitimate charity?
Keep Durham Beautiful Inc (EIN: 20735076) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $248K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Keep Durham Beautiful Inc spend its money?
Keep Durham Beautiful Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Keep Durham Beautiful Inc tax-deductible?
Keep Durham Beautiful Inc is registered as a tax-exempt nonprofit (EIN: 20735076). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Keep Durham Beautiful Inc's spending goes to programs?
Keep Durham Beautiful Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Keep Durham Beautiful Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Keep Durham Beautiful Inc is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Keep Durham Beautiful Inc located?
Keep Durham Beautiful Inc is headquartered in Durham, North Carolina and files with the IRS under EIN 20735076. It is classified under NTEE code S20.
How many years of IRS 990 filings does Keep Durham Beautiful Inc have?
Keep Durham Beautiful 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 $248K in total revenue.
Is Keep Durham Beautiful Inc. financially stable given recent deficits?
While the organization has a healthy asset base of $295,017 (202306), it has experienced two consecutive years where expenses ($386,328 in 202306, $325,117 in 202206) significantly exceeded revenue ($249,590 in 202306, $257,267 in 202206). This trend suggests a reliance on reserves, which could impact long-term stability if not addressed.
How does the lack of officer compensation impact the organization?
The consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven leadership or very lean administrative costs at the executive level. This can be viewed positively by donors as it implies more funds are available for programs rather than executive salaries.
What is the trend in the organization's assets and liabilities?
Assets have generally grown over the long term, from $37,888 in 201406 to $295,017 in 202306. However, there has been a recent decline from a peak of $312,437 in 202206. Liabilities remain very low, at $8,085 in 202306, indicating good financial management regarding debt.
Filing History
IRS 990 filing history for Keep Durham Beautiful Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Keep Durham Beautiful Inc's revenue has grown by 676.5%, moving from $32K to $250K. Total assets increased by 743.9% over the same period, from $35K to $295K. Total functional expenses rose by 931.8%, from $37K to $386K. In its most recent filing year (2023), Keep Durham Beautiful Inc reported a deficit of $137K, with expenses exceeding revenue. The organization holds $8K in liabilities against $295K in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $287K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $250K | $386K | $295K | $8K | — | — |
| 2022 | $257K | $325K | $312K | $3K | — | — |
| 2021 | $162K | $118K | $271K | $181 | — | View 990 |
| 2020 | $138K | $156K | $225K | $229 | — | View 990 |
| 2019 | $170K | $76K | $245K | $1K | — | View 990 |
| 2018 | $74K | $122K | $150K | $703 | — | View 990 |
| 2017 | $165K | $119K | $199K | $700 | — | View 990 |
| 2016 | $130K | $39K | $153K | $700 | — | View 990 |
| 2015 | $63K | $40K | $61K | $700 | — | View 990 |
| 2014 | $40K | $52K | $38K | $700 | — | View 990 |
| 2013 | $31K | $34K | $52K | $3K | — | View 990 |
| 2012 | $35K | $18K | $52K | $0 | — | View 990 |
| 2011 | $32K | $37K | $35K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $250K, expenses of $386K, and assets of $295K (revenue -3.0% year-over-year).
- 2022: Revenue of $257K, expenses of $325K, and assets of $312K (revenue +58.6% year-over-year).
- 2021: Revenue of $162K, expenses of $118K, and assets of $271K (revenue +17.4% year-over-year).
- 2020: Revenue of $138K, expenses of $156K, and assets of $225K (revenue -18.7% year-over-year).
- 2019: Revenue of $170K, expenses of $76K, and assets of $245K (revenue +130.0% year-over-year).
- 2018: Revenue of $74K, expenses of $122K, and assets of $150K (revenue -55.4% year-over-year).
- 2017: Revenue of $165K, expenses of $119K, and assets of $199K (revenue +27.3% year-over-year).
- 2016: Revenue of $130K, expenses of $39K, and assets of $153K (revenue +105.0% year-over-year).
- 2015: Revenue of $63K, expenses of $40K, and assets of $61K (revenue +59.5% year-over-year).
- 2014: Revenue of $40K, expenses of $52K, and assets of $38K (revenue +28.1% year-over-year).
- 2013: Revenue of $31K, expenses of $34K, and assets of $52K (revenue -12.3% year-over-year).
- 2012: Revenue of $35K, expenses of $18K, and assets of $52K (revenue +10.1% year-over-year).
- 2011: Revenue of $32K, expenses of $37K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Keep Durham Beautiful Inc:
Data Sources and Methodology
This transparency report for Keep Durham Beautiful 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.