Rogers Lowell Economic Development Corporation
Rogers Lowell Economic Development Corporation consistently expends nearly all revenue on operations with minimal asset accumulation and no reported officer compensation.
EIN: 201864947 · Rogers, AR · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $919K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $3K |
| Transparency Score | 75/100 |
Is Rogers Lowell Economic Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rogers Lowell Economic Development Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rogers Lowell Economic Development Corporation
Rogers Lowell Economic Development Corporation (EIN: 201864947) is a nonprofit organization based in Rogers, AR, classified under NTEE code S41. The organization reported total revenue of $1.2M and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rogers Lowell Economic Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rogers Lowell Economic Development Corporation is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $919K |
| Total Expenses | $919K |
| Surplus / Deficit | +$195 |
| Total Assets | $12K |
| Total Liabilities | $9K |
| Net Assets | $3K |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 78.9% |
| Months of Reserves | 0.2 months |
Financial Health Grade: C
In 2023, Rogers Lowell Economic Development Corporation reported a surplus of $195 with revenue exceeding expenses, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 78.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rogers Lowell Economic Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.3% | +9.3% | +131.9% |
| 2022 | -14.3% | -14.3% | -8.5% |
| 2021 | -0.3% | -0.3% | -88.9% |
| 2020 | +4.7% | +4.7% | +863.5% |
| 2019 | +22.0% | +22.0% | -91.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rogers Lowell Economic Development Corporation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Rogers Lowell Economic Development Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $195, with revenue exceeding expenses.
- Debt-to-asset ratio: 78.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 filings, which is unusual for an organization with annual revenues approaching $1 million. This suggests either a fully volunteer executive leadership or that compensation is categorized differently, warranting further inquiry for complete transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Rogers Lowell Economic Development Corporation's IRS 990 filings:
- Consistent 0% officer compensation reported, which may obscure actual leadership costs or indicate a unique operational model.
- Relatively low assets compared to annual revenue, which could limit capacity for large-scale, long-term investments or unexpected financial needs.
Strengths
The following positive indicators were identified for Rogers Lowell Economic Development Corporation:
- Consistent financial stability with revenues closely matching expenses year over year, indicating sound budget management.
- High operational efficiency, as nearly all revenue is expended annually on mission-related activities.
- Long filing history (13 filings) demonstrates sustained operation and compliance.
Frequently Asked Questions about Rogers Lowell Economic Development Corporation
Is Rogers Lowell Economic Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Rogers Lowell Economic Development Corporation (EIN: 201864947) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Rogers Lowell Economic Development Corporation spend its money?
Rogers Lowell Economic Development Corporation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rogers Lowell Economic Development Corporation tax-deductible?
Rogers Lowell Economic Development Corporation is registered as a tax-exempt nonprofit (EIN: 201864947). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rogers Lowell Economic Development Corporation CEO make?
Rogers Lowell Economic Development Corporation's highest-compensated officer earns $1 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rogers Lowell Economic Development Corporation's spending goes to programs?
Rogers Lowell Economic Development Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rogers Lowell Economic Development Corporation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Rogers Lowell Economic Development Corporation is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rogers Lowell Economic Development Corporation located?
Rogers Lowell Economic Development Corporation is headquartered in Rogers, Arkansas and files with the IRS under EIN 201864947. It is classified under NTEE code S41.
How many years of IRS 990 filings does Rogers Lowell Economic Development Corporation have?
Rogers Lowell 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 $1.2M in total revenue.
How does Rogers Lowell Economic Development Corporation fund its executive leadership if officer compensation is consistently reported as zero?
The IRS 990 filings consistently show 0% officer compensation. This could mean executive leadership is entirely volunteer-based, or their compensation is reported under other expense categories, which would require reviewing the full 990 forms for detailed expense breakdowns.
What are the specific program activities that Rogers Lowell Economic Development Corporation undertakes with its annual revenue?
Based on its NTEE code S41 (Economic Development Corporations) and consistent expenditure of nearly all revenue, the organization likely focuses on initiatives promoting economic growth in Rogers and Lowell. However, the provided data does not detail specific program activities.
Given the low asset base, how does the organization manage its financial stability and long-term planning?
The low asset base (e.g., $12,009 in 2023 against $918,765 revenue) suggests a focus on immediate operational expenditure rather than asset accumulation. Financial stability appears to be maintained through consistent annual revenue generation that closely matches expenses, indicating a 'pay-as-you-go' model.
Filing History
IRS 990 filing history for Rogers Lowell Economic Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rogers Lowell Economic Development Corporation's revenue has grown by 130.3%, moving from $399K to $919K. Total assets increased by 627.4% over the same period, from $2K to $12K. Total functional expenses rose by 129.9%, from $400K to $919K. In its most recent filing year (2023), Rogers Lowell Economic Development Corporation reported a surplus of $195, with revenue exceeding expenses. The organization holds $9K in liabilities against $12K in assets (debt-to-asset ratio: 78.9%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $919K | $919K | $12K | $9K | — | View 990 |
| 2022 | $841K | $841K | $5K | $3K | — | View 990 |
| 2021 | $981K | $981K | $6K | $3K | — | View 990 |
| 2020 | $984K | $984K | $51K | $49K | — | View 990 |
| 2019 | $940K | $940K | $5K | $3K | — | View 990 |
| 2018 | $770K | $770K | $66K | $63K | — | View 990 |
| 2017 | $644K | $644K | $41K | $39K | — | — |
| 2016 | $523K | $523K | $2K | $0 | — | View 990 |
| 2015 | $516K | $516K | $4K | $1K | — | View 990 |
| 2014 | $625K | $623K | $2K | $0 | — | View 990 |
| 2013 | $539K | $539K | $28K | $28K | — | View 990 |
| 2012 | $444K | $445K | $27K | $27K | — | View 990 |
| 2011 | $399K | $400K | $2K | $103 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $919K, expenses of $919K, and assets of $12K (revenue +9.3% year-over-year).
- 2022: Revenue of $841K, expenses of $841K, and assets of $5K (revenue -14.3% year-over-year).
- 2021: Revenue of $981K, expenses of $981K, and assets of $6K (revenue -0.3% year-over-year).
- 2020: Revenue of $984K, expenses of $984K, and assets of $51K (revenue +4.7% year-over-year).
- 2019: Revenue of $940K, expenses of $940K, and assets of $5K (revenue +22.0% year-over-year).
- 2018: Revenue of $770K, expenses of $770K, and assets of $66K (revenue +19.6% year-over-year).
- 2017: Revenue of $644K, expenses of $644K, and assets of $41K (revenue +23.2% year-over-year).
- 2016: Revenue of $523K, expenses of $523K, and assets of $2K (revenue +1.3% year-over-year).
- 2015: Revenue of $516K, expenses of $516K, and assets of $4K (revenue -17.4% year-over-year).
- 2014: Revenue of $625K, expenses of $623K, and assets of $2K (revenue +16.1% year-over-year).
- 2013: Revenue of $539K, expenses of $539K, and assets of $28K (revenue +21.2% year-over-year).
- 2012: Revenue of $444K, expenses of $445K, and assets of $27K (revenue +11.3% year-over-year).
- 2011: Revenue of $399K, expenses of $400K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rogers Lowell Economic Development Corporation:
Data Sources and Methodology
This transparency report for Rogers Lowell 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.