La Crosse Area Development Corporation
EIN: 391168327 · La Crosse, WI
| Metric | Value |
|---|---|
| Total Revenue | $297K |
| Total Expenses | $240K |
| Net Assets | $419K |
Is La Crosse Area 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 La Crosse Area Development Corporation
La Crosse Area Development Corporation (EIN: 391168327) is a nonprofit organization based in La Crosse, WI. The organization reported total revenue of $297K and total assets of $378K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of La Crosse Area Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
La Crosse Area Development Corporation 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 -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $244K |
| Total Expenses | $240K |
| Surplus / Deficit | +$4K |
| Total Assets | $420K |
| Total Liabilities | $787 |
| Net Assets | $419K |
| Operating Margin | 1.8% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 21.0 months |
Financial Health Grade: A
In 2023, La Crosse Area Development Corporation reported a surplus of $4K with revenue exceeding expenses, holds 21.0 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), La Crosse Area Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.1% | -10.2% | +1.2% |
| 2022 | +3.9% | +-0.0% | +7.5% |
| 2021 | +10.4% | +1.0% | +0.3% |
| 2020 | +22.2% | +2.9% | -4.4% |
| 2019 | +11.7% | +86.1% | -10.3% |
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 La Crosse Area 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 La Crosse Area 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 $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about La Crosse Area Development Corporation
Is La Crosse Area Development Corporation a legitimate charity?
La Crosse Area Development Corporation (EIN: 391168327) is a registered tax-exempt nonprofit based in Wisconsin. It has 13 years of IRS 990 filings on record. Total revenue: $297K. No red flags identified. Financial health grade: A.
How does La Crosse Area Development Corporation spend its money?
La Crosse Area Development Corporation reported $297K 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 La Crosse Area Development Corporation tax-deductible?
La Crosse Area Development Corporation is registered as a tax-exempt nonprofit (EIN: 391168327). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is La Crosse Area Development Corporation located?
La Crosse Area Development Corporation is headquartered in La Crosse, Wisconsin and files with the IRS under EIN 391168327.
How many years of IRS 990 filings does La Crosse Area Development Corporation have?
La Crosse Area 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 $297K in total revenue.
Filing History
IRS 990 filing history for La Crosse Area Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), La Crosse Area Development Corporation's revenue has declined by 0.7%, moving from $246K to $244K. Total assets increased by 115.7% over the same period, from $195K to $420K. Total functional expenses rose by 0.4%, from $239K to $240K. In its most recent filing year (2023), La Crosse Area Development Corporation reported a surplus of $4K, with revenue exceeding expenses. The organization holds $787 in liabilities against $420K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $419K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $244K | $240K | $420K | $787 | — | View 990 |
| 2022 | $306K | $267K | $415K | $362 | — | — |
| 2021 | $294K | $267K | $386K | $9K | — | View 990 |
| 2020 | $266K | $264K | $385K | $35K | — | — |
| 2019 | $218K | $257K | $402K | $55K | — | — |
| 2018 | $195K | $138K | $448K | $62K | — | View 990 |
| 2017 | $299K | $274K | $396K | $67K | — | — |
| 2016 | $282K | $258K | $370K | $66K | — | View 990 |
| 2015 | $278K | $258K | $347K | $66K | — | View 990 |
| 2014 | $266K | $224K | $326K | $65K | — | View 990 |
| 2013 | $208K | $198K | $226K | $7K | — | View 990 |
| 2012 | $256K | $238K | $215K | $6K | — | View 990 |
| 2011 | $246K | $239K | $195K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $244K, expenses of $240K, and assets of $420K (revenue -20.1% year-over-year).
- 2022: Revenue of $306K, expenses of $267K, and assets of $415K (revenue +3.9% year-over-year).
- 2021: Revenue of $294K, expenses of $267K, and assets of $386K (revenue +10.4% year-over-year).
- 2020: Revenue of $266K, expenses of $264K, and assets of $385K (revenue +22.2% year-over-year).
- 2019: Revenue of $218K, expenses of $257K, and assets of $402K (revenue +11.7% year-over-year).
- 2018: Revenue of $195K, expenses of $138K, and assets of $448K (revenue -34.7% year-over-year).
- 2017: Revenue of $299K, expenses of $274K, and assets of $396K (revenue +6.1% year-over-year).
- 2016: Revenue of $282K, expenses of $258K, and assets of $370K (revenue +1.2% year-over-year).
- 2015: Revenue of $278K, expenses of $258K, and assets of $347K (revenue +4.5% year-over-year).
- 2014: Revenue of $266K, expenses of $224K, and assets of $326K (revenue +28.3% year-over-year).
- 2013: Revenue of $208K, expenses of $198K, and assets of $226K (revenue -18.7% year-over-year).
- 2012: Revenue of $256K, expenses of $238K, and assets of $215K (revenue +3.9% year-over-year).
- 2011: Revenue of $246K, expenses of $239K, and assets of $195K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for La Crosse Area Development Corporation:
Data Sources and Methodology
This transparency report for La Crosse Area 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.