American Democracy Institute Inc
American Democracy Institute Inc. shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 202305292 · Washington, DC · NTEE: B99 · Updated: 2026-03-28
Is American Democracy Institute Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Democracy Institute Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Democracy Institute Inc
American Democracy Institute Inc (EIN: 202305292) is a nonprofit organization based in Washington, DC, classified under NTEE code B99. The organization reported total revenue of $721K and total assets of $613K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Democracy Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Democracy Institute Inc is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $775K |
| Surplus / Deficit | +$237K |
| Total Assets | $691K |
| Total Liabilities | $33K |
| Net Assets | $659K |
| Operating Margin | 23.4% |
| Debt-to-Asset Ratio | 4.7% |
| Months of Reserves | 10.7 months |
Financial Health Grade: A
In 2023, American Democracy Institute Inc reported a surplus of $237K with revenue exceeding expenses, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.7% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), American Democracy Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.7% | +17.9% | +58.5% |
| 2022 | -2.3% | +43.1% | -2.0% |
| 2021 | +111.5% | +55.8% | +69.8% |
| 2020 | -18.3% | -1.8% | +24.2% |
| 2019 | +100.7% | +254.1% | +15.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Democracy Institute Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, American Democracy Institute Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $237K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of this size ($1,012,430 revenue in 202312) and suggests a volunteer-led or externally funded leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for American Democracy Institute Inc:
- Consistent revenue growth, reaching $1,012,430 in 202312.
- Strong asset accumulation, with assets growing to $691,316 in 202312.
- Zero reported officer compensation across all filings, indicating high transparency and dedication of funds to mission.
- Generally positive net income (revenue exceeding expenses) in recent years, such as a $237,174 surplus in 202312.
- Low liabilities relative to assets, suggesting good financial health and solvency.
Frequently Asked Questions about American Democracy Institute Inc
Is American Democracy Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Democracy Institute Inc (EIN: 202305292) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does American Democracy Institute Inc spend its money?
American Democracy Institute Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Democracy Institute Inc tax-deductible?
American Democracy Institute Inc is registered as a tax-exempt nonprofit (EIN: 202305292). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is American Democracy Institute Inc. financially stable?
Yes, the organization appears financially stable, demonstrating consistent revenue growth from $101,653 in 201712 to $1,012,430 in 202312, and a healthy increase in net assets from $9,124 to $691,316 over the same period.
How does American Democracy Institute Inc. manage its executive compensation?
The organization reports 0% officer compensation across all 14 available filings, indicating that no officers received salaries or other compensation from the organization.
Has American Democracy Institute Inc. experienced growth?
Yes, the organization has shown significant growth, with revenue increasing tenfold from $101,653 in 201712 to over $1 million in 202312, and assets growing substantially.
Filing History
IRS 990 filing history for American Democracy Institute Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), American Democracy Institute Inc's revenue has grown by 72.3%, moving from $587K to $1.0M. Total assets increased by 363.7% over the same period, from $149K to $691K. Total functional expenses rose by 12.4%, from $690K to $775K. In its most recent filing year (2023), American Democracy Institute Inc reported a surplus of $237K, with revenue exceeding expenses. The organization holds $33K in liabilities against $691K in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $659K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $775K | $691K | $33K | — | — |
| 2022 | $650K | $657K | $436K | $15K | — | View 990 |
| 2021 | $666K | $459K | $445K | $16K | — | View 990 |
| 2020 | $315K | $295K | $262K | $40K | — | — |
| 2019 | $386K | $300K | $211K | $9K | — | View 990 |
| 2018 | $192K | $85K | $183K | $66K | — | View 990 |
| 2017 | $102K | $127K | $9K | $0 | — | View 990 |
| 2016 | $187K | $166K | $35K | $84 | — | View 990 |
| 2015 | $234K | $267K | $60K | $46K | — | View 990 |
| 2014 | $301K | $241K | $62K | $15K | — | View 990 |
| 2013 | $220K | $251K | $17K | $30K | — | View 990 |
| 2012 | $457K | $537K | $31K | $15K | — | View 990 |
| 2011 | $433K | $472K | $97K | $1K | — | View 990 |
| 2010 | $587K | $690K | $149K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $775K, and assets of $691K (revenue +55.7% year-over-year).
- 2022: Revenue of $650K, expenses of $657K, and assets of $436K (revenue -2.3% year-over-year).
- 2021: Revenue of $666K, expenses of $459K, and assets of $445K (revenue +111.5% year-over-year).
- 2020: Revenue of $315K, expenses of $295K, and assets of $262K (revenue -18.3% year-over-year).
- 2019: Revenue of $386K, expenses of $300K, and assets of $211K (revenue +100.7% year-over-year).
- 2018: Revenue of $192K, expenses of $85K, and assets of $183K (revenue +89.0% year-over-year).
- 2017: Revenue of $102K, expenses of $127K, and assets of $9K (revenue -45.6% year-over-year).
- 2016: Revenue of $187K, expenses of $166K, and assets of $35K (revenue -19.9% year-over-year).
- 2015: Revenue of $234K, expenses of $267K, and assets of $60K (revenue -22.3% year-over-year).
- 2014: Revenue of $301K, expenses of $241K, and assets of $62K (revenue +36.4% year-over-year).
- 2013: Revenue of $220K, expenses of $251K, and assets of $17K (revenue -51.8% year-over-year).
- 2012: Revenue of $457K, expenses of $537K, and assets of $31K (revenue +5.6% year-over-year).
- 2011: Revenue of $433K, expenses of $472K, and assets of $97K (revenue -26.3% year-over-year).
- 2010: Revenue of $587K, expenses of $690K, and assets of $149K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Democracy Institute Inc:
Data Sources and Methodology
This transparency report for American Democracy Institute 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.