Vibrant & Safe Downtown
Vibrant & Safe Downtown experiences volatile revenue and expenses, consistently reporting no officer compensation.
EIN: 205357228 · Minneapolis, MN · NTEE: I20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $939K |
| Total Expenses | $1.9M |
| Program Spending | 85% |
| Net Assets | $68K |
| Transparency Score | 75/100 |
Is Vibrant & Safe Downtown Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vibrant & Safe Downtown directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vibrant & Safe Downtown
Vibrant & Safe Downtown (EIN: 205357228) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code I20. The organization reported total revenue of $939K and total assets of $181K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vibrant & Safe Downtown's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vibrant & Safe Downtown is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-68,237 |
| Total Assets | $78K |
| Total Liabilities | $9K |
| Net Assets | $68K |
| Operating Margin | -3.8% |
| Debt-to-Asset Ratio | 11.8% |
| Months of Reserves | 0.5 months |
Financial Health Grade: C
In 2023, Vibrant & Safe Downtown reported a deficit of $68K with expenses exceeding revenue, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 11.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vibrant & Safe Downtown's revenue has grown at a compound annual growth rate (CAGR) of 27.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +417.7% | +378.8% | -46.1% |
| 2022 | -81.4% | -80.5% | -65.8% |
| 2021 | +251.2% | +594.6% | +33.5% |
| 2020 | -18.6% | -61.5% | +68.2% |
| 2019 | +34.2% | +45.5% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Vibrant & Safe Downtown 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, Vibrant & Safe Downtown 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 deficit of $68K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing resources to programs.
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 Vibrant & Safe Downtown's IRS 990 filings:
- Highly volatile revenue and expense figures year-over-year, making financial planning and stability difficult to assess.
- Expenses frequently exceed revenue, as seen in 2023 ($1,855,335 expenses vs. $1,787,098 revenue) and 2022 ($387,500 expenses vs. $345,218 revenue), potentially indicating reliance on reserves or future funding.
Strengths
The following positive indicators were identified for Vibrant & Safe Downtown:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to minimizing executive overhead.
- Actively engaged in mission, with substantial expenses incurred annually, often exceeding revenue, suggesting active program delivery.
- Relatively low liabilities in most years, indicating sound financial management outside of the 2021 spike.
Frequently Asked Questions about Vibrant & Safe Downtown
Is Vibrant & Safe Downtown a legitimate charity?
Based on AI analysis of IRS 990 filings, Vibrant & Safe Downtown (EIN: 205357228) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Vibrant & Safe Downtown spend its money?
Vibrant & Safe Downtown directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vibrant & Safe Downtown tax-deductible?
Vibrant & Safe Downtown is registered as a tax-exempt nonprofit (EIN: 205357228). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vibrant & Safe Downtown's spending goes to programs?
Vibrant & Safe Downtown directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vibrant & Safe Downtown compare to similar nonprofits?
With a transparency score of 75/100 (Good), Vibrant & Safe Downtown is above average for NTEE category I20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vibrant & Safe Downtown located?
Vibrant & Safe Downtown is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 205357228. It is classified under NTEE code I20.
How many years of IRS 990 filings does Vibrant & Safe Downtown have?
Vibrant & Safe Downtown 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 $939K in total revenue.
Why is there such significant year-over-year fluctuation in revenue and expenses?
The data shows revenue ranging from $196,038 (2014) to $1,856,515 (2021) and expenses from $158,398 (2014) to $1,982,818 (2021). This could be due to project-based funding, large one-time grants, or varying program scopes.
How does the organization manage its leadership without officer compensation?
The consistent 0% officer compensation suggests that leadership may be volunteer-based, compensated through other means not classified as officer compensation, or provided by a related entity.
What caused the spike in liabilities in 2021 to $241,955?
In 2021, liabilities reached $241,955, significantly higher than other years. This could be due to short-term loans, deferred revenue, or accounts payable related to a large project or expansion during that period.
Filing History
IRS 990 filing history for Vibrant & Safe Downtown showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vibrant & Safe Downtown's revenue has grown by 1742.5%, moving from $97K to $1.8M. Total assets increased by 38.9% over the same period, from $56K to $78K. Total functional expenses rose by 1981%, from $89K to $1.9M. In its most recent filing year (2023), Vibrant & Safe Downtown reported a deficit of $68K, with expenses exceeding revenue. The organization holds $9K in liabilities against $78K in assets (debt-to-asset ratio: 11.8%), resulting in net assets of $68K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.9M | $78K | $9K | — | — |
| 2022 | $345K | $388K | $144K | $7K | — | View 990 |
| 2021 | $1.9M | $2.0M | $421K | $242K | — | View 990 |
| 2020 | $529K | $285K | $315K | $10K | — | View 990 |
| 2019 | $650K | $742K | $188K | $125K | — | View 990 |
| 2018 | $484K | $510K | $203K | $49K | — | View 990 |
| 2017 | $589K | $535K | $247K | $67K | — | View 990 |
| 2016 | $441K | $355K | $145K | $18K | — | View 990 |
| 2015 | $304K | $324K | $45K | $5K | — | View 990 |
| 2014 | $196K | $158K | $102K | $42K | — | View 990 |
| 2013 | $133K | $153K | $23K | $1K | — | View 990 |
| 2012 | $123K | $137K | $59K | $17K | — | View 990 |
| 2011 | $97K | $89K | $56K | $62 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.9M, and assets of $78K (revenue +417.7% year-over-year).
- 2022: Revenue of $345K, expenses of $388K, and assets of $144K (revenue -81.4% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.0M, and assets of $421K (revenue +251.2% year-over-year).
- 2020: Revenue of $529K, expenses of $285K, and assets of $315K (revenue -18.6% year-over-year).
- 2019: Revenue of $650K, expenses of $742K, and assets of $188K (revenue +34.2% year-over-year).
- 2018: Revenue of $484K, expenses of $510K, and assets of $203K (revenue -17.8% year-over-year).
- 2017: Revenue of $589K, expenses of $535K, and assets of $247K (revenue +33.4% year-over-year).
- 2016: Revenue of $441K, expenses of $355K, and assets of $145K (revenue +45.0% year-over-year).
- 2015: Revenue of $304K, expenses of $324K, and assets of $45K (revenue +55.3% year-over-year).
- 2014: Revenue of $196K, expenses of $158K, and assets of $102K (revenue +47.9% year-over-year).
- 2013: Revenue of $133K, expenses of $153K, and assets of $23K (revenue +7.5% year-over-year).
- 2012: Revenue of $123K, expenses of $137K, and assets of $59K (revenue +27.1% year-over-year).
- 2011: Revenue of $97K, expenses of $89K, and assets of $56K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vibrant & Safe Downtown:
Data Sources and Methodology
This transparency report for Vibrant & Safe Downtown 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.