Richfield Tourism Promotion Board Inc
EIN: 411674890 · Richfield, MN · NTEE: S30
Is Richfield Tourism Promotion Board Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Richfield Tourism Promotion Board Inc
Richfield Tourism Promotion Board Inc (EIN: 411674890) is a nonprofit organization based in Richfield, MN, classified under NTEE code S30. The organization reported total revenue of $162K and total assets of $83K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Richfield Tourism Promotion Board Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Richfield Tourism Promotion Board Inc 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 Richfield Tourism Promotion Board Inc 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.
Frequently Asked Questions about Richfield Tourism Promotion Board Inc
Is Richfield Tourism Promotion Board Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Richfield Tourism Promotion Board Inc (EIN: 411674890) insufficient data. 0 red flags identified, 0 strengths noted.
How does Richfield Tourism Promotion Board Inc spend its money?
Detailed spending breakdown data is not yet available for Richfield Tourism Promotion Board Inc. Check back for updated IRS 990 analysis.
Are donations to Richfield Tourism Promotion Board Inc tax-deductible?
Richfield Tourism Promotion Board Inc is registered as a tax-exempt nonprofit (EIN: 411674890). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Richfield Tourism Promotion Board Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Richfield Tourism Promotion Board Inc's revenue has declined by 6.7%, moving from $163K to $152K. Total assets decreased by 43.2% over the same period, from $133K to $75K. Total functional expenses rose by 24.7%, from $143K to $179K. In its most recent filing year (2023), Richfield Tourism Promotion Board Inc reported a deficit of $27K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $152K | $179K | $75K | $0 | — | View 990 |
| 2022 | $126K | $173K | $102K | $0 | — | View 990 |
| 2021 | $84K | $175K | $149K | $0 | — | View 990 |
| 2020 | $87K | $199K | $240K | $0 | — | — |
| 2019 | $206K | $204K | $353K | $0 | — | View 990 |
| 2018 | $256K | $193K | $351K | $0 | — | View 990 |
| 2017 | $243K | $195K | $289K | $0 | — | View 990 |
| 2016 | $256K | $233K | $241K | $0 | — | View 990 |
| 2015 | $246K | $212K | $217K | $0 | — | View 990 |
| 2014 | $199K | $214K | $184K | $0 | — | View 990 |
| 2013 | $166K | $128K | $199K | $0 | — | View 990 |
| 2011 | $163K | $143K | $133K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $152K, expenses of $179K, and assets of $75K (revenue +21.1% year-over-year).
- 2022: Revenue of $126K, expenses of $173K, and assets of $102K (revenue +49.3% year-over-year).
- 2021: Revenue of $84K, expenses of $175K, and assets of $149K (revenue -3.4% year-over-year).
- 2020: Revenue of $87K, expenses of $199K, and assets of $240K (revenue -57.7% year-over-year).
- 2019: Revenue of $206K, expenses of $204K, and assets of $353K (revenue -19.4% year-over-year).
- 2018: Revenue of $256K, expenses of $193K, and assets of $351K (revenue +5.4% year-over-year).
- 2017: Revenue of $243K, expenses of $195K, and assets of $289K (revenue -5.2% year-over-year).
- 2016: Revenue of $256K, expenses of $233K, and assets of $241K (revenue +3.9% year-over-year).
- 2015: Revenue of $246K, expenses of $212K, and assets of $217K (revenue +23.7% year-over-year).
- 2014: Revenue of $199K, expenses of $214K, and assets of $184K (revenue +19.6% year-over-year).
- 2013: Revenue of $166K, expenses of $128K, and assets of $199K (revenue +2.1% year-over-year).
- 2011: Revenue of $163K, expenses of $143K, and assets of $133K.
Data Sources and Methodology
This transparency report for Richfield Tourism Promotion Board Inc 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.