Charity Search / HASTINGS DOWNTOWN BUSINESS ASSOCIATION
Environment (C50) 990 on File

HASTINGS DOWNTOWN BUSINESS ASSOCIATION

EIN: 84-2283406 · HASTINGS, MN 55033-0541 · United States · FY 2025 Data
2 out of 5 38 / 100 Based on 2+ years of filings
Financial strength (30%) 67/100
Reliability (20%) 40/100
Effectiveness (25%) 41/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2025
$62K
Total Revenue
$45K
Total Expenses
$60K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 63.8%
Fundraising Efficiency N/A
Operating Reserve 16.05x
Liability-to-Asset N/A
Revenue Diversification 71.4%
Compared with Peers
FY 2025
Compared with 1,583 similar organizations (United States, Environment, under $100K in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
63.8% 82.3%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
16.1 mo 33.3 mo
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
71.4% 92.5%
P10P90
Above median
Revenue growth
Year over year revenue growth
-7.9% -1.3%
P10P90
Expense growth
Year over year expense growth
1.1% -1.0%
P10P90
Surplus margin
Surplus as a share of revenue
26.7% 15.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $62K $45K $60K 63.8% —
2024 $67K $45K $44K 78.8% —
2023 $49K $57K $22K 66.3% —
2022 $59K $55K $28K 85.8% —
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Organization Details
EIN
84-2283406
State
MN
City
HASTINGS
ZIP
55033-0541
Classification
C50
Category
Environment
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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