Labelle Downtown Revitalization Corp

Nonprofit profile at a glance

EIN
465655554
IRS 990-EZ coverage
2015–2025
Forms available
Form 990-EZ 2025
Location
Labelle, FL, USA
Phone
8636753903
Rating
95
Verdict
STRONG
Rating confidence
Moderate
Sector
Economic Development

Reported finances

Revenue
$115,955
Expenses
$105,319
Assets
$102,606
Liabilities
$2,002

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • SARAH CATALA (Vice President)
  • ALEXANDER DESTEFANO (President)

People named in this filing

  • SARAH CATALA (Vice President)
  • CHRISTINE EATON (Director)
  • JACKIE RATICA (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The LABELLE DOWNTOWN REVITALIZATION CORPORATION (LDRC) is a group of volunteers who have an interest in improving the appearance and economic stability of historic Downtown LaBelle. We recognize the value that a vibrant downtown can bring to our community and the importance of protecting its historic heritage through preservation of building, public space, and its place as the heart of OUR community. We are committed to offering our time and energy to initiate revitalization of our downtown so that its contribution to the livelihood and growth of our residents, business owners, and community can be realized.

What it reported doing in 2025

The historic preservation and protection of labelle's downtown area has been started and is on going.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 100
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.8%; rating input score 91
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 9.2%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 0.97; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 9.3% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 9.9% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 15.1% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 90.8% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $105K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Operating margin scored 54/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.