American Friends Of Chartres Inc
American Friends Of Chartres Inc consistently grows assets with low administrative overhead and no reported officer compensation.
EIN: 202516233 · Washington, DC · NTEE: X12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $206K |
| Total Expenses | $14K |
| Program Spending | 85% |
| Net Assets | $449K |
| Transparency Score | 88/100 |
Is American Friends Of Chartres Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Friends Of Chartres Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Friends Of Chartres Inc
American Friends Of Chartres Inc (EIN: 202516233) is a nonprofit organization based in Washington, DC, classified under NTEE code X12. The organization reported total revenue of $206K and total assets of $628K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Friends Of Chartres Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Friends Of Chartres Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $14K |
| Surplus / Deficit | +$53K |
| Total Assets | $452K |
| Total Liabilities | $4K |
| Net Assets | $449K |
| Operating Margin | 79.0% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 386.1 months |
Financial Health Grade: A
In 2023, American Friends Of Chartres Inc reported a surplus of $53K with revenue exceeding expenses, holds 386.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Friends Of Chartres Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -61.8% | -89.0% | +13.7% |
| 2022 | +14.8% | +4388.6% | +13.4% |
| 2021 | +131.1% | -8.9% | +74.5% |
| 2020 | -18.6% | -95.5% | +41.9% |
| 2019 | +14.3% | +513.7% | +11.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2005 |
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 Friends Of Chartres Inc with a Mission Score of 88 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 Friends Of Chartres 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 $53K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated volunteers or their compensation falls below IRS reporting thresholds. This suggests a highly efficient use of funds at the leadership level relative to the organization's size and revenue.
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.
Red Flags
The following concerns were identified during AI analysis of American Friends Of Chartres Inc's IRS 990 filings:
- Significant year-to-year fluctuations in expenses without detailed explanations in the provided data, making it hard to assess consistent program delivery.
Strengths
The following positive indicators were identified for American Friends Of Chartres Inc:
- Consistent asset growth, from $39,435 in 2015 to $452,405 in 2023, indicating strong financial stewardship.
- No reported officer compensation across all filings, suggesting a volunteer-driven or highly efficient leadership structure.
- Low liabilities relative to assets, demonstrating financial stability and low debt reliance.
- Strong revenue generation in recent years, with $174,980 in 2022 and $152,434 in 2021, supporting its mission.
- High program efficiency in many years, with very low expenses relative to revenue, allowing for asset accumulation.
Frequently Asked Questions about American Friends Of Chartres Inc
Is American Friends Of Chartres Inc a legitimate charity?
American Friends Of Chartres Inc (EIN: 202516233) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $206K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does American Friends Of Chartres Inc spend its money?
American Friends Of Chartres Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to American Friends Of Chartres Inc tax-deductible?
American Friends Of Chartres Inc is registered as a tax-exempt nonprofit (EIN: 202516233). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of American Friends Of Chartres Inc's spending goes to programs?
American Friends Of Chartres Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does American Friends Of Chartres Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), American Friends Of Chartres Inc is above average for NTEE category X12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is American Friends Of Chartres Inc located?
American Friends Of Chartres Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 202516233. It is classified under NTEE code X12.
How many years of IRS 990 filings does American Friends Of Chartres Inc have?
American Friends Of Chartres 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 $206K in total revenue.
What specific programs or projects did American Friends Of Chartres Inc fund with its accumulated assets?
The IRS 990 filings indicate asset growth, but do not detail specific program expenditures beyond general expenses. Further investigation into their annual reports or website would be needed to identify specific projects funded, especially given the low expense years like 2021 ($2,854 expenses) and 2023 ($14,062 expenses) where significant revenue was retained.
How does the organization manage its liabilities, which have fluctuated between $1,275 and $4,920?
Liabilities have remained relatively low and stable, ranging from $1,275 in 2015 to $4,920 in 2019. This indicates sound financial management and a low reliance on debt, especially when compared to its growing asset base (e.g., $452,405 in assets in 2023 vs. $3,644 in liabilities).
What caused the significant increase in expenses in 2017 ($103,968) and 2022 ($128,105) compared to other years?
The IRS 990 data alone does not specify the nature of these expenses. It is likely these years involved significant program-related expenditures or specific projects that required substantial funding, contrasting with years of very low expenses like 2021 ($2,854) and 2023 ($14,062).
Filing History
IRS 990 filing history for American Friends Of Chartres Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Friends Of Chartres Inc's revenue has grown by 51.6%, moving from $44K to $67K. Total assets increased by 3329.9% over the same period, from $13K to $452K. Total functional expenses fell by 59.5%, from $35K to $14K. In its most recent filing year (2023), American Friends Of Chartres Inc reported a surplus of $53K, with revenue exceeding expenses. The organization holds $4K in liabilities against $452K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $449K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $67K | $14K | $452K | $4K | — | — |
| 2022 | $175K | $128K | $398K | $2K | — | View 990 |
| 2021 | $152K | $3K | $351K | $2K | — | View 990 |
| 2020 | $66K | $3K | $201K | $1K | — | View 990 |
| 2019 | $81K | $70K | $142K | $5K | — | View 990 |
| 2018 | $71K | $11K | $127K | $2K | — | View 990 |
| 2017 | $74K | $104K | $67K | $2K | — | View 990 |
| 2016 | $65K | $8K | $99K | $4K | — | View 990 |
| 2015 | $79K | $115K | $39K | $1K | — | View 990 |
| 2014 | $79K | $25K | $78K | $3K | — | View 990 |
| 2013 | $65K | $52K | $23K | $2K | — | View 990 |
| 2012 | $38K | $42K | $10K | $2K | — | View 990 |
| 2011 | $44K | $35K | $13K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $67K, expenses of $14K, and assets of $452K (revenue -61.8% year-over-year).
- 2022: Revenue of $175K, expenses of $128K, and assets of $398K (revenue +14.8% year-over-year).
- 2021: Revenue of $152K, expenses of $3K, and assets of $351K (revenue +131.1% year-over-year).
- 2020: Revenue of $66K, expenses of $3K, and assets of $201K (revenue -18.6% year-over-year).
- 2019: Revenue of $81K, expenses of $70K, and assets of $142K (revenue +14.3% year-over-year).
- 2018: Revenue of $71K, expenses of $11K, and assets of $127K (revenue -4.2% year-over-year).
- 2017: Revenue of $74K, expenses of $104K, and assets of $67K (revenue +13.8% year-over-year).
- 2016: Revenue of $65K, expenses of $8K, and assets of $99K (revenue -17.2% year-over-year).
- 2015: Revenue of $79K, expenses of $115K, and assets of $39K (revenue -0.7% year-over-year).
- 2014: Revenue of $79K, expenses of $25K, and assets of $78K (revenue +22.5% year-over-year).
- 2013: Revenue of $65K, expenses of $52K, and assets of $23K (revenue +69.1% year-over-year).
- 2012: Revenue of $38K, expenses of $42K, and assets of $10K (revenue -13.3% year-over-year).
- 2011: Revenue of $44K, expenses of $35K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Friends Of Chartres Inc:
Data Sources and Methodology
This transparency report for American Friends Of Chartres 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.