South 27 Th Street Business District Association Inc
South 27th Street Business District Association maintains stable assets and reports no officer compensation.
EIN: 205845448 · Greenfield, WI · NTEE: S40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $214K |
| Total Expenses | $167K |
| Program Spending | 80% |
| Net Assets | $86K |
| Transparency Score | 85/100 |
Is South 27 Th Street Business District Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
South 27 Th Street Business District Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About South 27 Th Street Business District Association Inc
South 27 Th Street Business District Association Inc (EIN: 205845448) is a nonprofit organization based in Greenfield, WI, classified under NTEE code S40. The organization reported total revenue of $214K and total assets of $427K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South 27 Th Street Business District Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South 27 Th Street Business District Association Inc is a small nonprofit that has been operating for 15 years, with 8 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $159K |
| Total Expenses | $167K |
| Surplus / Deficit | $-7,792 |
| Total Assets | $457K |
| Total Liabilities | $371K |
| Net Assets | $86K |
| Operating Margin | -4.9% |
| Debt-to-Asset Ratio | 81.2% |
| Months of Reserves | 32.9 months |
Financial Health Grade: C
In 2023, South 27 Th Street Business District Association Inc reported a deficit of $8K with expenses exceeding revenue, holds 32.9 months of operating reserves (strong position), has a debt-to-asset ratio of 81.2% (high leverage).
Financial Trends
Over 8 years of filings (2010–2023), South 27 Th Street Business District Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.0% | -19.3% | +5.6% |
| 2022 | +47.5% | +1.6% | +50.1% |
| 2021 | -7.1% | -7.1% | +1.0% |
| 2020 | +20.0% | +20.0% | +4.7% |
| 2019 | -1.2% | -1.2% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
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 South 27 Th Street Business District Association Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, South 27 Th Street Business District Association Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 81.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for directing resources to its mission.
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 South 27 Th Street Business District Association Inc's IRS 990 filings:
- Fluctuating annual revenue, indicating potential reliance on less predictable funding streams.
- Lack of detailed expense breakdown in available data makes precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for South 27 Th Street Business District Association Inc:
- Consistent reporting of 0% officer compensation, demonstrating strong commitment to mission-focused spending.
- Healthy asset-to-liability ratio, indicating strong financial solvency (e.g., $457,062 assets vs. $371,354 liabilities in 2023).
- Consistent asset growth over time, from $152,259 in 2010 to $457,062 in 2023.
- History of managing expenses closely aligned with revenue, suggesting efficient operations.
Frequently Asked Questions about South 27 Th Street Business District Association Inc
Is South 27 Th Street Business District Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, South 27 Th Street Business District Association Inc (EIN: 205845448) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does South 27 Th Street Business District Association Inc spend its money?
South 27 Th Street Business District Association Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to South 27 Th Street Business District Association Inc tax-deductible?
South 27 Th Street Business District Association Inc is registered as a tax-exempt nonprofit (EIN: 205845448). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of South 27 Th Street Business District Association Inc's spending goes to programs?
South 27 Th Street Business District Association Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does South 27 Th Street Business District Association Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), South 27 Th Street Business District Association Inc is above average for NTEE category S40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is South 27 Th Street Business District Association Inc located?
South 27 Th Street Business District Association Inc is headquartered in Greenfield, Wisconsin and files with the IRS under EIN 205845448. It is classified under NTEE code S40.
How many years of IRS 990 filings does South 27 Th Street Business District Association Inc have?
South 27 Th Street Business District Association Inc has 8 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 $214K in total revenue.
Is South 27th Street Business District Association Inc. financially stable?
Yes, the organization appears financially stable, with assets consistently exceeding liabilities in recent years (e.g., $457,062 in assets vs. $371,354 in liabilities in 2023) and a history of managing expenses close to revenue.
Does the organization pay its executives?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that no salaries are paid to the organization's officers.
How has the organization's revenue trended recently?
Revenue has fluctuated, peaking at $300,296 in 2022 before decreasing to $159,095 in 2023, suggesting variability in funding sources.
What is the organization's asset growth like?
The organization has shown consistent asset growth over the years, increasing from $152,259 in 2010 to $457,062 in 2023, indicating prudent financial management and accumulation of resources.
Filing History
IRS 990 filing history for South 27 Th Street Business District Association Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2010–2023), South 27 Th Street Business District Association Inc's revenue has declined by 10.4%, moving from $178K to $159K. Total assets increased by 200.2% over the same period, from $152K to $457K. Total functional expenses rose by 558.2%, from $25K to $167K. In its most recent filing year (2023), South 27 Th Street Business District Association Inc reported a deficit of $8K, with expenses exceeding revenue. The organization holds $371K in liabilities against $457K in assets (debt-to-asset ratio: 81.2%), resulting in net assets of $86K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $159K | $167K | $457K | $371K | — | — |
| 2022 | $300K | $207K | $433K | $339K | — | View 990 |
| 2021 | $204K | $204K | $288K | $288K | — | View 990 |
| 2020 | $219K | $219K | $286K | $286K | — | — |
| 2019 | $183K | $183K | $273K | $273K | — | View 990 |
| 2018 | $185K | $185K | $266K | $266K | — | View 990 |
| 2011 | $126K | $126K | $204K | $204K | — | View 990 |
| 2010 | $178K | $25K | $152K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $159K, expenses of $167K, and assets of $457K (revenue -47.0% year-over-year).
- 2022: Revenue of $300K, expenses of $207K, and assets of $433K (revenue +47.5% year-over-year).
- 2021: Revenue of $204K, expenses of $204K, and assets of $288K (revenue -7.1% year-over-year).
- 2020: Revenue of $219K, expenses of $219K, and assets of $286K (revenue +20.0% year-over-year).
- 2019: Revenue of $183K, expenses of $183K, and assets of $273K (revenue -1.2% year-over-year).
- 2018: Revenue of $185K, expenses of $185K, and assets of $266K (revenue +46.3% year-over-year).
- 2011: Revenue of $126K, expenses of $126K, and assets of $204K (revenue -28.9% year-over-year).
- 2010: Revenue of $178K, expenses of $25K, and assets of $152K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South 27 Th Street Business District Association Inc:
Data Sources and Methodology
This transparency report for South 27 Th Street Business District Association 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.