New Castle Henry County Economic Development Corporation
EIN: 351497780 · New Castle, IN
| Metric | Value |
|---|---|
| Total Revenue | $572K |
| Total Expenses | $462K |
| Net Assets | $440K |
Search Intent Cockpit
New Castle Henry County Economic Development Corporation Form 990, Revenue, CEO Pay, and IRS Filing Signals
New Castle Henry County Economic Development Corporation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around New Castle Henry County Economic Development Corporation in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $477K and expenses of $462K.
Revenue and Expenses
New Castle Henry County Economic Development Corporation reported $477K in revenue and $462K in expenses, a surplus of $16K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is New Castle Henry County Economic Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, New Castle Henry County Economic Development Corporation shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Good filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Sigma Kappa Sorority | Indiana and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Sigma Kappa Sorority →All Indiana nonprofits
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
New Castle, IN nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Next Step Storm Inc
Leo, IN · $300K revenue · Score 92/100
Compare side-by-sideSu Casa Columbus Inc
Columbus, IN · $411K revenue · Score 90/100
Compare side-by-sideVolunteer Lawyer Program Of Northeast Indiana Inc
Fort Wayne, IN · $413K revenue · Score 88/100
Compare side-by-sideElevance Health Retiree Veba Tr
Indianapolis, IN · $20.2M revenue · Score 85/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
About New Castle Henry County Economic Development Corporation
New Castle Henry County Economic Development Corporation (EIN: 351497780) is a nonprofit organization based in New Castle, IN. The organization reported total revenue of $572K and total assets of $463K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Castle Henry County Economic Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Castle Henry County Economic Development Corporation is a small nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $477K |
| Total Expenses | $462K |
| Surplus / Deficit | +$16K |
| Total Assets | $446K |
| Total Liabilities | $7K |
| Net Assets | $440K |
| Operating Margin | 3.3% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 11.6 months |
Financial Health Grade: A
In 2023, New Castle Henry County Economic Development Corporation reported a surplus of $16K with revenue exceeding expenses, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Castle Henry County Economic Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.4% | -6.7% | +3.8% |
| 2022 | -43.9% | -18.3% | -13.5% |
| 2021 | -37.2% | -49.1% | +38.8% |
| 2020 | +380.7% | +373.6% | +9.9% |
| 2019 | -2.4% | -3.6% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Castle Henry County Economic 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 New Castle Henry County Economic 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 $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.5%.
Frequently Asked Questions about New Castle Henry County Economic Development Corporation
Is New Castle Henry County Economic Development Corporation a legitimate charity?
New Castle Henry County Economic Development Corporation (EIN: 351497780) is a registered tax-exempt nonprofit based in Indiana. It has 13 years of IRS 990 filings on record. Total revenue: $572K. No red flags identified. Financial health grade: A.
How does New Castle Henry County Economic Development Corporation spend its money?
New Castle Henry County Economic Development Corporation reported $572K 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 New Castle Henry County Economic Development Corporation tax-deductible?
New Castle Henry County Economic Development Corporation is registered as a tax-exempt nonprofit (EIN: 351497780). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Castle Henry County Economic Development Corporation located?
New Castle Henry County Economic Development Corporation is headquartered in New Castle, Indiana and files with the IRS under EIN 351497780.
How many years of IRS 990 filings does New Castle Henry County Economic Development Corporation have?
New Castle Henry County Economic 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 $572K in total revenue.
Filing History
IRS 990 filing history for New Castle Henry County Economic Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Castle Henry County Economic Development Corporation's revenue has grown by 131.8%, moving from $206K to $477K. Total assets increased by 318.1% over the same period, from $107K to $446K. Total functional expenses rose by 152.2%, from $183K to $462K. In its most recent filing year (2023), New Castle Henry County Economic Development Corporation reported a surplus of $16K, with revenue exceeding expenses. The organization holds $7K in liabilities against $446K in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $440K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $477K | $462K | $446K | $7K | — | — |
| 2022 | $429K | $495K | $430K | $6K | — | View 990 |
| 2021 | $765K | $606K | $497K | $7K | — | View 990 |
| 2020 | $1.2M | $1.2M | $358K | $18K | — | — |
| 2019 | $253K | $251K | $326K | $12K | — | View 990 |
| 2018 | $259K | $261K | $322K | $10K | — | View 990 |
| 2017 | $231K | $240K | $305K | $5K | — | View 990 |
| 2016 | $219K | $207K | $313K | $4K | — | View 990 |
| 2015 | $267K | $214K | $301K | $4K | — | View 990 |
| 2014 | $231K | $190K | $250K | $6K | — | View 990 |
| 2013 | $205K | $180K | $209K | $5K | — | View 990 |
| 2012 | $259K | $181K | $181K | $1K | — | View 990 |
| 2011 | $206K | $183K | $107K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $477K, expenses of $462K, and assets of $446K (revenue +11.4% year-over-year).
- 2022: Revenue of $429K, expenses of $495K, and assets of $430K (revenue -43.9% year-over-year).
- 2021: Revenue of $765K, expenses of $606K, and assets of $497K (revenue -37.2% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.2M, and assets of $358K (revenue +380.7% year-over-year).
- 2019: Revenue of $253K, expenses of $251K, and assets of $326K (revenue -2.4% year-over-year).
- 2018: Revenue of $259K, expenses of $261K, and assets of $322K (revenue +12.2% year-over-year).
- 2017: Revenue of $231K, expenses of $240K, and assets of $305K (revenue +5.6% year-over-year).
- 2016: Revenue of $219K, expenses of $207K, and assets of $313K (revenue -18.0% year-over-year).
- 2015: Revenue of $267K, expenses of $214K, and assets of $301K (revenue +15.7% year-over-year).
- 2014: Revenue of $231K, expenses of $190K, and assets of $250K (revenue +12.6% year-over-year).
- 2013: Revenue of $205K, expenses of $180K, and assets of $209K (revenue -20.8% year-over-year).
- 2012: Revenue of $259K, expenses of $181K, and assets of $181K (revenue +25.5% year-over-year).
- 2011: Revenue of $206K, expenses of $183K, and assets of $107K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Castle Henry County Economic Development Corporation:
Data Sources and Methodology
This transparency report for New Castle Henry County Economic 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.