Akwa Ibom State Association Of Nigeria Usa
EIN: 521557391 · Washington, DC
| Metric | Value |
|---|---|
| Total Revenue | $161K |
| Total Expenses | $277K |
Is Akwa Ibom State Association Of Nigeria Usa Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Akwa Ibom State Association Of Nigeria Usa
Akwa Ibom State Association Of Nigeria Usa (EIN: 521557391) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $161K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Akwa Ibom State Association Of Nigeria Usa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Akwa Ibom State Association Of Nigeria Usa is a small nonprofit that has been operating for 36 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $249K |
| Total Expenses | $277K |
| Surplus / Deficit | $-27,851 |
| Total Assets | $-27,851 |
| Net Assets | $-27,851 |
| Operating Margin | -11.2% |
| Months of Reserves | -1.2 months |
Financial Health Grade: C
In 2023, Akwa Ibom State Association Of Nigeria Usa reported a deficit of $28K with expenses exceeding revenue, holds -1.2 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2011–2023), Akwa Ibom State Association Of Nigeria Usa's revenue has grown at a compound annual growth rate (CAGR) of 9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +59.2% | +46.8% | — |
| 2022 | -26.1% | +36.4% | -212.7% |
| 2021 | +134.1% | +40.2% | — |
| 2020 | -61.8% | -60.7% | — |
| 2019 | +63.3% | +75.5% | -444.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Akwa Ibom State Association Of Nigeria Usa 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 Akwa Ibom State Association Of Nigeria Usa 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
Frequently Asked Questions about Akwa Ibom State Association Of Nigeria Usa
Is Akwa Ibom State Association Of Nigeria Usa a legitimate charity?
Akwa Ibom State Association Of Nigeria Usa (EIN: 521557391) is a registered tax-exempt nonprofit based in Washington DC. It has 11 years of IRS 990 filings on record. Total revenue: $161K. No red flags identified. Financial health grade: C.
How does Akwa Ibom State Association Of Nigeria Usa spend its money?
Akwa Ibom State Association Of Nigeria Usa reported $161K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Akwa Ibom State Association Of Nigeria Usa tax-deductible?
Akwa Ibom State Association Of Nigeria Usa is registered as a tax-exempt nonprofit (EIN: 521557391). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Akwa Ibom State Association Of Nigeria Usa located?
Akwa Ibom State Association Of Nigeria Usa is headquartered in Washington, Washington DC and files with the IRS under EIN 521557391.
How many years of IRS 990 filings does Akwa Ibom State Association Of Nigeria Usa have?
Akwa Ibom State Association Of Nigeria Usa has 11 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 $161K in total revenue.
Filing History
IRS 990 filing history for Akwa Ibom State Association Of Nigeria Usa showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Akwa Ibom State Association Of Nigeria Usa's revenue has grown by 188%, moving from $87K to $249K. Total assets decreased by 128% over the same period, from $99K to $-27,851. Total functional expenses rose by 260.8%, from $77K to $277K. In its most recent filing year (2023), Akwa Ibom State Association Of Nigeria Usa reported a deficit of $28K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $249K | $277K | $-27,851 | $0 | — | View 990 |
| 2022 | $157K | $189K | $-32,187 | $0 | — | View 990 |
| 2021 | $212K | $138K | $29K | $0 | — | View 990 |
| 2020 | $91K | $99K | $-8,221 | $-8,221 | — | View 990 |
| 2019 | $237K | $251K | $-7,065 | $-7,065 | — | View 990 |
| 2018 | $145K | $143K | $2K | $0 | — | View 990 |
| 2017 | $178K | $0 | $13K | $0 | — | View 990 |
| 2016 | $132K | $143K | $0 | $0 | — | — |
| 2015 | $181K | $138K | $1 | $0 | — | View 990 |
| 2014 | $140K | $165K | $0 | $26K | — | View 990 |
| 2011 | $87K | $77K | $99K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $249K, expenses of $277K, and assets of $-27,851 (revenue +59.2% year-over-year).
- 2022: Revenue of $157K, expenses of $189K, and assets of $-32,187 (revenue -26.1% year-over-year).
- 2021: Revenue of $212K, expenses of $138K, and assets of $29K (revenue +134.1% year-over-year).
- 2020: Revenue of $91K, expenses of $99K, and assets of $-8,221 (revenue -61.8% year-over-year).
- 2019: Revenue of $237K, expenses of $251K, and assets of $-7,065 (revenue +63.3% year-over-year).
- 2018: Revenue of $145K, expenses of $143K, and assets of $2K (revenue -18.5% year-over-year).
- 2017: Revenue of $178K, expenses of $0, and assets of $13K (revenue +34.6% year-over-year).
- 2016: Revenue of $132K, expenses of $143K, and assets of $0 (revenue -27.0% year-over-year).
- 2015: Revenue of $181K, expenses of $138K, and assets of $1 (revenue +29.9% year-over-year).
- 2014: Revenue of $140K, expenses of $165K, and assets of $0 (revenue +61.3% year-over-year).
- 2011: Revenue of $87K, expenses of $77K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Akwa Ibom State Association Of Nigeria Usa:
Data Sources and Methodology
This transparency report for Akwa Ibom State Association Of Nigeria Usa 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.