Prosser Economic Development Association
EIN: 911419348 · Prosser, WA
| Metric | Value |
|---|---|
| Total Revenue | $218K |
| Total Expenses | $211K |
| Net Assets | $161K |
Is Prosser Economic Development Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Prosser Economic Development Association
Prosser Economic Development Association (EIN: 911419348) is a nonprofit organization based in Prosser, WA. The organization reported total revenue of $218K and total assets of $166K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prosser Economic Development Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Prosser Economic Development Association is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $174K |
| Total Expenses | $211K |
| Surplus / Deficit | $-36,746 |
| Total Assets | $165K |
| Total Liabilities | $5K |
| Net Assets | $161K |
| Operating Margin | -21.1% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 9.4 months |
Financial Health Grade: B
In 2023, Prosser Economic Development Association reported a deficit of $37K with expenses exceeding revenue, holds 9.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Prosser Economic Development Association's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.8% | +2.8% | -15.3% |
| 2022 | -2.4% | +7.5% | +1.6% |
| 2021 | +0.3% | -5.2% | +1.9% |
| 2020 | +3.6% | -1.2% | +17.1% |
| 2019 | +12.0% | +6.0% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Prosser Economic Development Association 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 Prosser Economic Development Association 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 deficit of $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.8%.
Frequently Asked Questions about Prosser Economic Development Association
Is Prosser Economic Development Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Prosser Economic Development Association (EIN: 911419348) insufficient data. 0 red flags identified, 0 strengths noted.
How does Prosser Economic Development Association spend its money?
Detailed spending breakdown data is not yet available for Prosser Economic Development Association. Check back for updated IRS 990 analysis.
Are donations to Prosser Economic Development Association tax-deductible?
Prosser Economic Development Association is registered as a tax-exempt nonprofit (EIN: 911419348). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Prosser Economic Development Association located?
Prosser Economic Development Association is headquartered in Prosser, Washington and files with the IRS under EIN 911419348.
How many years of IRS 990 filings does Prosser Economic Development Association have?
Prosser Economic Development Association 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 $218K in total revenue.
Filing History
IRS 990 filing history for Prosser Economic Development Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Prosser Economic Development Association's revenue has grown by 16.9%, moving from $149K to $174K. Total assets increased by 14.6% over the same period, from $144K to $165K. Total functional expenses rose by 46.6%, from $144K to $211K. In its most recent filing year (2023), Prosser Economic Development Association reported a deficit of $37K, with expenses exceeding revenue. The organization holds $5K in liabilities against $165K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $161K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $174K | $211K | $165K | $5K | — | View 990 |
| 2022 | $207K | $205K | $195K | $0 | — | View 990 |
| 2021 | $212K | $191K | $192K | $80 | — | View 990 |
| 2020 | $211K | $201K | $189K | $18K | — | — |
| 2019 | $204K | $204K | $161K | $99 | — | View 990 |
| 2018 | $182K | $192K | $161K | $155 | — | View 990 |
| 2017 | $177K | $166K | $171K | $55 | — | — |
| 2016 | $166K | $153K | $164K | $4K | — | View 990 |
| 2015 | $131K | $136K | $148K | $2K | — | View 990 |
| 2014 | $148K | $150K | $154K | $3K | — | View 990 |
| 2013 | $139K | $141K | $154K | $2K | — | View 990 |
| 2012 | $162K | $155K | $151K | $416 | — | View 990 |
| 2011 | $149K | $144K | $144K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $174K, expenses of $211K, and assets of $165K (revenue -15.8% year-over-year).
- 2022: Revenue of $207K, expenses of $205K, and assets of $195K (revenue -2.4% year-over-year).
- 2021: Revenue of $212K, expenses of $191K, and assets of $192K (revenue +0.3% year-over-year).
- 2020: Revenue of $211K, expenses of $201K, and assets of $189K (revenue +3.6% year-over-year).
- 2019: Revenue of $204K, expenses of $204K, and assets of $161K (revenue +12.0% year-over-year).
- 2018: Revenue of $182K, expenses of $192K, and assets of $161K (revenue +2.6% year-over-year).
- 2017: Revenue of $177K, expenses of $166K, and assets of $171K (revenue +6.6% year-over-year).
- 2016: Revenue of $166K, expenses of $153K, and assets of $164K (revenue +26.7% year-over-year).
- 2015: Revenue of $131K, expenses of $136K, and assets of $148K (revenue -11.5% year-over-year).
- 2014: Revenue of $148K, expenses of $150K, and assets of $154K (revenue +6.8% year-over-year).
- 2013: Revenue of $139K, expenses of $141K, and assets of $154K (revenue -14.3% year-over-year).
- 2012: Revenue of $162K, expenses of $155K, and assets of $151K (revenue +9.1% year-over-year).
- 2011: Revenue of $149K, expenses of $144K, and assets of $144K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Prosser Economic Development Association:
Data Sources and Methodology
This transparency report for Prosser Economic Development Association 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.