Alexandria Economic Development Partnership Inc
EIN: 541625093 · Alexandria, VA
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $3.3M |
| Net Assets | $2.8M |
Is Alexandria Economic Development Partnership Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alexandria Economic Development Partnership Inc
Alexandria Economic Development Partnership Inc (EIN: 541625093) is a nonprofit organization based in Alexandria, VA. The organization reported total revenue of $3.9M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alexandria Economic Development Partnership Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alexandria Economic Development Partnership Inc is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.2M |
| Total Expenses | $3.3M |
| Surplus / Deficit | +$909K |
| Total Assets | $3.8M |
| Total Liabilities | $984K |
| Net Assets | $2.8M |
| Operating Margin | 21.6% |
| Debt-to-Asset Ratio | 25.9% |
| Months of Reserves | 13.8 months |
Financial Health Grade: A
In 2023, Alexandria Economic Development Partnership Inc reported a surplus of $909K with revenue exceeding expenses, holds 13.8 months of operating reserves (strong position), has a debt-to-asset ratio of 25.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Alexandria Economic Development Partnership Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.0% | +30.4% | +82.4% |
| 2022 | -70.7% | -71.7% | +8.5% |
| 2021 | +209.5% | +212.3% | +20.3% |
| 2020 | +43.0% | +44.4% | +2.7% |
| 2019 | +1.8% | +6.4% | +8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alexandria Economic Development Partnership 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 Alexandria Economic Development Partnership 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $909K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.9%.
Frequently Asked Questions about Alexandria Economic Development Partnership Inc
Is Alexandria Economic Development Partnership Inc a legitimate charity?
Alexandria Economic Development Partnership Inc (EIN: 541625093) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $3.9M. No red flags identified. Financial health grade: A.
How does Alexandria Economic Development Partnership Inc spend its money?
Alexandria Economic Development Partnership Inc reported $3.9M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Alexandria Economic Development Partnership Inc tax-deductible?
Alexandria Economic Development Partnership Inc is registered as a tax-exempt nonprofit (EIN: 541625093). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alexandria Economic Development Partnership Inc located?
Alexandria Economic Development Partnership Inc is headquartered in Alexandria, Virginia and files with the IRS under EIN 541625093.
How many years of IRS 990 filings does Alexandria Economic Development Partnership Inc have?
Alexandria Economic Development Partnership Inc 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 $3.9M in total revenue.
Filing History
IRS 990 filing history for Alexandria Economic Development Partnership Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alexandria Economic Development Partnership Inc's revenue has grown by 278.7%, moving from $1.1M to $4.2M. Total assets increased by 730.7% over the same period, from $457K to $3.8M. Total functional expenses rose by 167.2%, from $1.2M to $3.3M. In its most recent filing year (2023), Alexandria Economic Development Partnership Inc reported a surplus of $909K, with revenue exceeding expenses. The organization holds $984K in liabilities against $3.8M in assets (debt-to-asset ratio: 25.9%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.2M | $3.3M | $3.8M | $984K | — | View 990 |
| 2022 | $2.7M | $2.5M | $2.1M | $176K | — | View 990 |
| 2021 | $9.3M | $8.9M | $1.9M | $201K | — | — |
| 2020 | $3.0M | $2.9M | $1.6M | $197K | — | — |
| 2019 | $2.1M | $2.0M | $1.6M | $285K | — | View 990 |
| 2018 | $2.1M | $1.9M | $1.4M | $278K | — | View 990 |
| 2017 | $2.6M | $2.4M | $1.3M | $320K | — | View 990 |
| 2016 | $2.6M | $2.3M | $1.1M | $370K | — | View 990 |
| 2015 | $1.7M | $1.7M | $879K | $339K | — | View 990 |
| 2014 | $1.5M | $1.6M | $685K | $132K | — | View 990 |
| 2013 | $1.5M | $1.4M | $813K | $156K | — | View 990 |
| 2012 | $1.6M | $1.5M | $736K | $172K | — | View 990 |
| 2011 | $1.1M | $1.2M | $457K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.2M, expenses of $3.3M, and assets of $3.8M (revenue +55.0% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.5M, and assets of $2.1M (revenue -70.7% year-over-year).
- 2021: Revenue of $9.3M, expenses of $8.9M, and assets of $1.9M (revenue +209.5% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.9M, and assets of $1.6M (revenue +43.0% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.0M, and assets of $1.6M (revenue +1.8% year-over-year).
- 2018: Revenue of $2.1M, expenses of $1.9M, and assets of $1.4M (revenue -20.7% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.4M, and assets of $1.3M (revenue +1.8% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.3M, and assets of $1.1M (revenue +49.0% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $879K (revenue +15.4% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.6M, and assets of $685K (revenue -0.1% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.4M, and assets of $813K (revenue -7.9% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.5M, and assets of $736K (revenue +44.9% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.2M, and assets of $457K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alexandria Economic Development Partnership Inc:
Data Sources and Methodology
This transparency report for Alexandria Economic Development Partnership 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.