Tarrant Redvelopment Authority
Tarrant Redevelopment Authority reports minimal financial activity and declining assets.
EIN: 205156141 · Birmingham, AL · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $159 |
| Total Expenses | $324 |
| Net Assets | $360K |
| Transparency Score | 20/100 |
Is Tarrant Redvelopment Authority Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tarrant Redvelopment Authority
Tarrant Redvelopment Authority (EIN: 205156141) is a nonprofit organization based in Birmingham, AL, classified under NTEE code S20. The organization reported total revenue of $159 and total assets of $360K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tarrant Redvelopment Authority's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tarrant Redvelopment Authority is a micro nonprofit that has been operating for 19 years, with 5 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -32.5%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $159 |
| Total Expenses | $324 |
| Surplus / Deficit | $-165 |
| Total Assets | $360K |
| Net Assets | $360K |
| Operating Margin | -103.8% |
| Months of Reserves | 13335.4 months |
Financial Health Grade: B
In 2020, Tarrant Redvelopment Authority reported a deficit of $165 with expenses exceeding revenue, holds 13335.4 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2020), Tarrant Redvelopment Authority's revenue has declined at a compound annual growth rate (CAGR) of -32.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -100.0% | — | +0.0% |
| 2013 | +1545.2% | -100.0% | +11.8% |
| 2012 | -43.6% | -99.2% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Tarrant Redvelopment Authority with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Tarrant Redvelopment Authority allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $165, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries from the organization, which is unusual for an organization with significant assets.
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 Tarrant Redvelopment Authority's IRS 990 filings:
- Significant decline in assets from $481,423 (2014) to $360,057 (2020) without clear explanation.
- Extremely low revenue ($159) and expenses ($324) in the latest filing, suggesting potential dormancy.
- Zero officer compensation across all filings, which can be a red flag for transparency if significant work is being done without reported compensation.
Strengths
The following positive indicators were identified for Tarrant Redvelopment Authority:
- Consistently reports $0 in liabilities, indicating no debt burden.
- Consistent filing of IRS 990 forms, demonstrating transparency in reporting.
Frequently Asked Questions about Tarrant Redvelopment Authority
Is Tarrant Redvelopment Authority a legitimate charity?
Tarrant Redvelopment Authority (EIN: 205156141) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 20/100. It has 5 years of IRS 990 filings on record. Total revenue: $159. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Tarrant Redvelopment Authority spend its money?
Tarrant Redvelopment Authority reported $159 in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tarrant Redvelopment Authority tax-deductible?
Tarrant Redvelopment Authority is registered as a tax-exempt nonprofit (EIN: 205156141). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Tarrant Redvelopment Authority compare to similar nonprofits?
With a transparency score of 20/100 (Poor), Tarrant Redvelopment Authority is below average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tarrant Redvelopment Authority located?
Tarrant Redvelopment Authority is headquartered in Birmingham, Alabama and files with the IRS under EIN 205156141. It is classified under NTEE code S20.
How many years of IRS 990 filings does Tarrant Redvelopment Authority have?
Tarrant Redvelopment Authority has 5 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 $159 in total revenue.
What is the current operational status of the Tarrant Redevelopment Authority given its minimal revenue and expenses?
The latest filing (202009) shows only $159 in revenue and $324 in expenses, suggesting the organization is either largely inactive or operating on a very limited scale.
Why have the organization's assets decreased from $481,423 in 2014 to $360,057 in 2020?
The filings do not provide specific details on the reasons for the asset decline, but it represents a significant reduction over six years.
How does the Tarrant Redevelopment Authority achieve its mission with such low financial activity?
With only $159 in revenue and $324 in expenses in its latest filing, it's unclear how the organization is actively pursuing its redevelopment mission.
Filing History
IRS 990 filing history for Tarrant Redvelopment Authority showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2020), Tarrant Redvelopment Authority's revenue has declined by 97.1%, moving from $6K to $159. Total assets decreased by 15.8% over the same period, from $428K to $360K. Total functional expenses fell by 98.7%, from $24K to $324. In its most recent filing year (2020), Tarrant Redvelopment Authority reported a deficit of $165, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $159 | $324 | $360K | $0 | — | View 990 |
| 2014 | $0 | $0 | $481K | $0 | — | View 990 |
| 2013 | $51K | $0 | $481K | $0 | — | View 990 |
| 2012 | $3K | $187 | $430K | $0 | — | View 990 |
| 2011 | $6K | $24K | $428K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $159, expenses of $324, and assets of $360K.
- 2014: Revenue of $0, expenses of $0, and assets of $481K (revenue -100.0% year-over-year).
- 2013: Revenue of $51K, expenses of $0, and assets of $481K (revenue +1545.2% year-over-year).
- 2012: Revenue of $3K, expenses of $187, and assets of $430K (revenue -43.6% year-over-year).
- 2011: Revenue of $6K, expenses of $24K, and assets of $428K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tarrant Redvelopment Authority:
Data Sources and Methodology
This transparency report for Tarrant Redvelopment Authority 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.