360 Community Development Corporation Inc
EIN: 471223273 · Bowie, MD · NTEE: B94
| Metric | Value |
|---|---|
| Total Revenue | $272K |
| Total Expenses | $260K |
| Net Assets | $31K |
Is 360 Community Development Corporation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About 360 Community Development Corporation Inc
360 Community Development Corporation Inc (EIN: 471223273) is a nonprofit organization based in Bowie, MD, classified under NTEE code B94. The organization reported total revenue of $272K and total assets of $198K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 360 Community Development Corporation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
360 Community Development Corporation Inc is a small nonprofit that has been operating for 12 years, with 3 years of IRS 990 filings on record (2021–2024). Revenue has grown at a compound annual rate of 183.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $272K |
| Total Expenses | $260K |
| Surplus / Deficit | +$12K |
| Total Assets | $198K |
| Total Liabilities | $167K |
| Net Assets | $31K |
| Operating Margin | 4.2% |
| Debt-to-Asset Ratio | 84.4% |
| Months of Reserves | 9.1 months |
Financial Health Grade: A
In 2024, 360 Community Development Corporation Inc reported a surplus of $12K with revenue exceeding expenses, holds 9.1 months of operating reserves (strong position), has a debt-to-asset ratio of 84.4% (high leverage).
Financial Trends
Over 3 years of filings (2021–2024), 360 Community Development Corporation Inc's revenue has grown at a compound annual growth rate (CAGR) of 183.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +256.1% | +304.7% | +20.2% |
| 2022 | +536.6% | +535.7% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for 360 Community Development Corporation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 360 Community Development Corporation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 84.4%.
Frequently Asked Questions about 360 Community Development Corporation Inc
Is 360 Community Development Corporation Inc a legitimate charity?
360 Community Development Corporation Inc (EIN: 471223273) is a registered tax-exempt nonprofit based in Maryland. It has 3 years of IRS 990 filings on record. Total revenue: $272K. No red flags identified. Financial health grade: A.
How does 360 Community Development Corporation Inc spend its money?
360 Community Development Corporation Inc reported $272K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to 360 Community Development Corporation Inc tax-deductible?
360 Community Development Corporation Inc is registered as a tax-exempt nonprofit (EIN: 471223273). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is 360 Community Development Corporation Inc located?
360 Community Development Corporation Inc is headquartered in Bowie, Maryland and files with the IRS under EIN 471223273. It is classified under NTEE code B94.
How many years of IRS 990 filings does 360 Community Development Corporation Inc have?
360 Community Development Corporation Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $272K in total revenue.
Filing History
IRS 990 filing history for 360 Community Development Corporation Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2024), 360 Community Development Corporation Inc's revenue has grown by 2167%, moving from $12K to $272K. Total assets increased by 16.7% over the same period, from $170K to $198K. Total functional expenses rose by 2472.7%, from $10K to $260K. In its most recent filing year (2024), 360 Community Development Corporation Inc reported a surplus of $12K, with revenue exceeding expenses. The organization holds $167K in liabilities against $198K in assets (debt-to-asset ratio: 84.4%), resulting in net assets of $31K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $272K | $260K | $198K | $167K | — | — |
| 2022 | $76K | $64K | $165K | $0 | — | View 990 |
| 2021 | $12K | $10K | $170K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $272K, expenses of $260K, and assets of $198K (revenue +256.1% year-over-year).
- 2022: Revenue of $76K, expenses of $64K, and assets of $165K (revenue +536.6% year-over-year).
- 2021: Revenue of $12K, expenses of $10K, and assets of $170K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 360 Community Development Corporation Inc:
Data Sources and Methodology
This transparency report for 360 Community Development Corporation 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.