Market District Improvement Corporation
EIN: 454224664 · Cleveland, OH · NTEE: S99
| Metric | Value |
|---|---|
| Total Revenue | $748K |
| Total Expenses | $525K |
| Net Assets | $382K |
Is Market District Improvement Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Market District Improvement Corporation
Market District Improvement Corporation (EIN: 454224664) is a nonprofit organization based in Cleveland, OH, classified under NTEE code S99. The organization reported total revenue of $748K and total assets of $544K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Market District Improvement Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Market District Improvement Corporation is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2013–2022). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $681K |
| Total Expenses | $525K |
| Surplus / Deficit | +$156K |
| Total Assets | $431K |
| Total Liabilities | $49K |
| Net Assets | $382K |
| Operating Margin | 22.9% |
| Debt-to-Asset Ratio | 11.4% |
| Months of Reserves | 9.8 months |
Financial Health Grade: A
In 2022, Market District Improvement Corporation reported a surplus of $156K with revenue exceeding expenses, holds 9.8 months of operating reserves (strong position), has a debt-to-asset ratio of 11.4% (very low leverage).
Financial Trends
Over 10 years of filings (2013–2022), Market District Improvement Corporation's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +66.2% | +27.8% | +87.6% |
| 2021 | +2.4% | +72.1% | -6.1% |
| 2020 | +64.8% | +8.7% | +334.1% |
| 2019 | -2.2% | -7.1% | -16.8% |
| 2018 | +88.6% | +48.7% | +22.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Market District Improvement 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 Market District Improvement 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $156K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.4%.
Frequently Asked Questions about Market District Improvement Corporation
Is Market District Improvement Corporation a legitimate charity?
Market District Improvement Corporation (EIN: 454224664) is a registered tax-exempt nonprofit based in Ohio. It has 10 years of IRS 990 filings on record. Total revenue: $748K. No red flags identified. Financial health grade: A.
How does Market District Improvement Corporation spend its money?
Market District Improvement Corporation reported $748K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Market District Improvement Corporation tax-deductible?
Market District Improvement Corporation is registered as a tax-exempt nonprofit (EIN: 454224664). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Market District Improvement Corporation located?
Market District Improvement Corporation is headquartered in Cleveland, Ohio and files with the IRS under EIN 454224664. It is classified under NTEE code S99.
How many years of IRS 990 filings does Market District Improvement Corporation have?
Market District Improvement Corporation has 10 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 $748K in total revenue.
Filing History
IRS 990 filing history for Market District Improvement Corporation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2022), Market District Improvement Corporation's revenue has grown by 202.2%, moving from $225K to $681K. Total assets increased by 532.3% over the same period, from $68K to $431K. Total functional expenses rose by 215.4%, from $166K to $525K. In its most recent filing year (2022), Market District Improvement Corporation reported a surplus of $156K, with revenue exceeding expenses. The organization holds $49K in liabilities against $431K in assets (debt-to-asset ratio: 11.4%), resulting in net assets of $382K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $681K | $525K | $431K | $49K | — | View 990 |
| 2021 | $410K | $411K | $229K | $25K | — | — |
| 2020 | $400K | $239K | $244K | $39K | — | View 990 |
| 2019 | $243K | $220K | $56K | $12K | — | View 990 |
| 2018 | $248K | $236K | $68K | $47K | — | View 990 |
| 2017 | $132K | $159K | $55K | $46K | — | View 990 |
| 2016 | $135K | $130K | $73K | $37K | — | View 990 |
| 2015 | $131K | $146K | $71K | $39K | — | View 990 |
| 2014 | $150K | $140K | $81K | $34K | — | View 990 |
| 2013 | $225K | $166K | $68K | $31K | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $681K, expenses of $525K, and assets of $431K (revenue +66.2% year-over-year).
- 2021: Revenue of $410K, expenses of $411K, and assets of $229K (revenue +2.4% year-over-year).
- 2020: Revenue of $400K, expenses of $239K, and assets of $244K (revenue +64.8% year-over-year).
- 2019: Revenue of $243K, expenses of $220K, and assets of $56K (revenue -2.2% year-over-year).
- 2018: Revenue of $248K, expenses of $236K, and assets of $68K (revenue +88.6% year-over-year).
- 2017: Revenue of $132K, expenses of $159K, and assets of $55K (revenue -2.5% year-over-year).
- 2016: Revenue of $135K, expenses of $130K, and assets of $73K (revenue +2.8% year-over-year).
- 2015: Revenue of $131K, expenses of $146K, and assets of $71K (revenue -12.2% year-over-year).
- 2014: Revenue of $150K, expenses of $140K, and assets of $81K (revenue -33.6% year-over-year).
- 2013: Revenue of $225K, expenses of $166K, and assets of $68K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Market District Improvement Corporation:
Data Sources and Methodology
This transparency report for Market District Improvement 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.