Regional Economic Development Corporation Ofr East Idaho
EIN: 820456909 · Idaho Falls, ID
| Metric | Value |
|---|---|
| Total Revenue | $208K |
| Total Expenses | $302K |
| Net Assets | $335K |
Is Regional Economic Development Corporation Ofr East Idaho Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Regional Economic Development Corporation Ofr East Idaho
Regional Economic Development Corporation Ofr East Idaho (EIN: 820456909) is a nonprofit organization based in Idaho Falls, ID. The organization reported total revenue of $208K and total assets of $265K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Regional Economic Development Corporation Ofr East Idaho's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Regional Economic Development Corporation Ofr East Idaho is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $236K |
| Total Expenses | $302K |
| Surplus / Deficit | $-66,084 |
| Total Assets | $339K |
| Total Liabilities | $4K |
| Net Assets | $335K |
| Operating Margin | -28.0% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 13.5 months |
Financial Health Grade: B
In 2023, Regional Economic Development Corporation Ofr East Idaho reported a deficit of $66K with expenses exceeding revenue, holds 13.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Regional Economic Development Corporation Ofr East Idaho's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.0% | -4.7% | -13.2% |
| 2022 | +34.4% | +12.8% | +8.4% |
| 2021 | -15.1% | -4.4% | -5.9% |
| 2020 | -15.0% | -7.1% | +1.4% |
| 2019 | -6.5% | -25.0% | +10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Regional Economic Development Corporation Ofr East Idaho 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 Regional Economic Development Corporation Ofr East Idaho 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 $66K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Regional Economic Development Corporation Ofr East Idaho
Is Regional Economic Development Corporation Ofr East Idaho a legitimate charity?
Regional Economic Development Corporation Ofr East Idaho (EIN: 820456909) is a registered tax-exempt nonprofit based in Idaho. It has 13 years of IRS 990 filings on record. Total revenue: $208K. No red flags identified. Financial health grade: B.
How does Regional Economic Development Corporation Ofr East Idaho spend its money?
Regional Economic Development Corporation Ofr East Idaho reported $208K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Regional Economic Development Corporation Ofr East Idaho tax-deductible?
Regional Economic Development Corporation Ofr East Idaho is registered as a tax-exempt nonprofit (EIN: 820456909). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Regional Economic Development Corporation Ofr East Idaho located?
Regional Economic Development Corporation Ofr East Idaho is headquartered in Idaho Falls, Idaho and files with the IRS under EIN 820456909.
How many years of IRS 990 filings does Regional Economic Development Corporation Ofr East Idaho have?
Regional Economic Development Corporation Ofr East Idaho 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 $208K in total revenue.
Filing History
IRS 990 filing history for Regional Economic Development Corporation Ofr East Idaho showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Regional Economic Development Corporation Ofr East Idaho's revenue has grown by 11%, moving from $213K to $236K. Total assets decreased by 40.5% over the same period, from $571K to $339K. Total functional expenses rose by 12.6%, from $268K to $302K. In its most recent filing year (2023), Regional Economic Development Corporation Ofr East Idaho reported a deficit of $66K, with expenses exceeding revenue. The organization holds $4K in liabilities against $339K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $335K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $236K | $302K | $339K | $4K | — | View 990 |
| 2022 | $347K | $317K | $391K | $0 | — | View 990 |
| 2021 | $258K | $281K | $360K | $0 | — | View 990 |
| 2020 | $304K | $294K | $383K | $0 | — | — |
| 2019 | $358K | $316K | $378K | $5K | — | View 990 |
| 2018 | $383K | $422K | $342K | $11K | — | View 990 |
| 2017 | $489K | $606K | $386K | $15K | — | View 990 |
| 2016 | $355K | $388K | $512K | $25K | — | View 990 |
| 2015 | $255K | $376K | $537K | $17K | — | View 990 |
| 2014 | $180K | $244K | $650K | $8K | — | View 990 |
| 2013 | $344K | $237K | $715K | $8K | — | View 990 |
| 2012 | $292K | $253K | $610K | $11K | — | View 990 |
| 2011 | $213K | $268K | $571K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $236K, expenses of $302K, and assets of $339K (revenue -32.0% year-over-year).
- 2022: Revenue of $347K, expenses of $317K, and assets of $391K (revenue +34.4% year-over-year).
- 2021: Revenue of $258K, expenses of $281K, and assets of $360K (revenue -15.1% year-over-year).
- 2020: Revenue of $304K, expenses of $294K, and assets of $383K (revenue -15.0% year-over-year).
- 2019: Revenue of $358K, expenses of $316K, and assets of $378K (revenue -6.5% year-over-year).
- 2018: Revenue of $383K, expenses of $422K, and assets of $342K (revenue -21.8% year-over-year).
- 2017: Revenue of $489K, expenses of $606K, and assets of $386K (revenue +37.9% year-over-year).
- 2016: Revenue of $355K, expenses of $388K, and assets of $512K (revenue +39.3% year-over-year).
- 2015: Revenue of $255K, expenses of $376K, and assets of $537K (revenue +41.2% year-over-year).
- 2014: Revenue of $180K, expenses of $244K, and assets of $650K (revenue -47.6% year-over-year).
- 2013: Revenue of $344K, expenses of $237K, and assets of $715K (revenue +17.8% year-over-year).
- 2012: Revenue of $292K, expenses of $253K, and assets of $610K (revenue +37.6% year-over-year).
- 2011: Revenue of $213K, expenses of $268K, and assets of $571K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Regional Economic Development Corporation Ofr East Idaho:
Data Sources and Methodology
This transparency report for Regional Economic Development Corporation Ofr East Idaho 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.