Panhandle Area Development District
EIN: 470545622 · Scottsbluff, NE · NTEE: S300
| Metric | Value |
|---|---|
| Total Revenue | $306K |
| Total Expenses | $367K |
| Net Assets | $1.9M |
Is Panhandle Area Development District Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Panhandle Area Development District
Panhandle Area Development District (EIN: 470545622) is a nonprofit organization based in Scottsbluff, NE, classified under NTEE code S300. The organization reported total revenue of $306K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Panhandle Area Development District's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Panhandle Area Development District is a small nonprofit that has been operating for 52 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $367K |
| Surplus / Deficit | +$701K |
| Total Assets | $2.2M |
| Total Liabilities | $315K |
| Net Assets | $1.9M |
| Operating Margin | 65.6% |
| Debt-to-Asset Ratio | 14.5% |
| Months of Reserves | 70.9 months |
Financial Health Grade: A
In 2024, Panhandle Area Development District reported a surplus of $701K with revenue exceeding expenses, holds 70.9 months of operating reserves (strong position), has a debt-to-asset ratio of 14.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Panhandle Area Development District's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +130.2% | +23.7% | +8.8% |
| 2023 | -71.7% | -38.4% | -13.3% |
| 2022 | +0.0% | +0.0% | +0.0% |
| 2021 | +296.9% | +13.0% | +93.8% |
| 2020 | -1.4% | -70.6% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Panhandle Area Development District 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 Panhandle Area Development District 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $701K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.5%.
Frequently Asked Questions about Panhandle Area Development District
Is Panhandle Area Development District a legitimate charity?
Based on AI analysis of IRS 990 filings, Panhandle Area Development District (EIN: 470545622) insufficient data. 0 red flags identified, 0 strengths noted.
How does Panhandle Area Development District spend its money?
Detailed spending breakdown data is not yet available for Panhandle Area Development District. Check back for updated IRS 990 analysis.
Are donations to Panhandle Area Development District tax-deductible?
Panhandle Area Development District is registered as a tax-exempt nonprofit (EIN: 470545622). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Panhandle Area Development District located?
Panhandle Area Development District is headquartered in Scottsbluff, Nebraska and files with the IRS under EIN 470545622. It is classified under NTEE code S300.
How many years of IRS 990 filings does Panhandle Area Development District have?
Panhandle Area Development District has 14 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 $306K in total revenue.
Filing History
IRS 990 filing history for Panhandle Area Development District showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Panhandle Area Development District's revenue has grown by 167.8%, moving from $399K to $1.1M. Total assets increased by 70.1% over the same period, from $1.3M to $2.2M. Total functional expenses fell by 16.8%, from $441K to $367K. In its most recent filing year (2024), Panhandle Area Development District reported a surplus of $701K, with revenue exceeding expenses. The organization holds $315K in liabilities against $2.2M in assets (debt-to-asset ratio: 14.5%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.1M | $367K | $2.2M | $315K | — | View 990 |
| 2023 | $464K | $297K | $2.0M | $841K | — | View 990 |
| 2022 | $1.6M | $481K | $2.3M | $409K | — | View 990 |
| 2021 | $1.6M | $481K | $2.3M | $409K | — | — |
| 2020 | $413K | $426K | $1.2M | $455K | — | — |
| 2019 | $419K | $1.5M | $1.2M | $490K | — | View 990 |
| 2018 | $1.4M | $431K | $2.3M | $486K | — | View 990 |
| 2017 | $782K | $505K | $1.3M | $528K | — | View 990 |
| 2016 | $346K | $342K | $1.0M | $538K | — | View 990 |
| 2015 | $250K | $296K | $1.1M | $568K | — | View 990 |
| 2014 | $189K | $306K | $1.1M | $587K | — | View 990 |
| 2013 | $290K | $246K | $1.3M | $609K | — | View 990 |
| 2012 | $328K | $321K | $1.2M | $635K | — | View 990 |
| 2011 | $399K | $441K | $1.3M | $673K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.1M, expenses of $367K, and assets of $2.2M (revenue +130.2% year-over-year).
- 2023: Revenue of $464K, expenses of $297K, and assets of $2.0M (revenue -71.7% year-over-year).
- 2022: Revenue of $1.6M, expenses of $481K, and assets of $2.3M (revenue +0.0% year-over-year).
- 2021: Revenue of $1.6M, expenses of $481K, and assets of $2.3M (revenue +296.9% year-over-year).
- 2020: Revenue of $413K, expenses of $426K, and assets of $1.2M (revenue -1.4% year-over-year).
- 2019: Revenue of $419K, expenses of $1.5M, and assets of $1.2M (revenue -70.8% year-over-year).
- 2018: Revenue of $1.4M, expenses of $431K, and assets of $2.3M (revenue +83.3% year-over-year).
- 2017: Revenue of $782K, expenses of $505K, and assets of $1.3M (revenue +126.2% year-over-year).
- 2016: Revenue of $346K, expenses of $342K, and assets of $1.0M (revenue +38.3% year-over-year).
- 2015: Revenue of $250K, expenses of $296K, and assets of $1.1M (revenue +32.3% year-over-year).
- 2014: Revenue of $189K, expenses of $306K, and assets of $1.1M (revenue -34.9% year-over-year).
- 2013: Revenue of $290K, expenses of $246K, and assets of $1.3M (revenue -11.6% year-over-year).
- 2012: Revenue of $328K, expenses of $321K, and assets of $1.2M (revenue -17.7% year-over-year).
- 2011: Revenue of $399K, expenses of $441K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Panhandle Area Development District:
Data Sources and Methodology
This transparency report for Panhandle Area Development District 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.