Anns Circle Inc
Anns Circle Inc shows strong financial growth and zero officer compensation over a decade.
EIN: 205109378 · Solomons, MD · NTEE: A99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.3 |
| Net Assets | $1.4M |
| Transparency Score | 95/100 |
Is Anns Circle Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Anns Circle Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Anns Circle Inc
Anns Circle Inc (EIN: 205109378) is a nonprofit organization based in Solomons, MD, classified under NTEE code A99. The organization reported total revenue of $1.7M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anns Circle Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Anns Circle Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$40K |
| Total Assets | $1.6M |
| Total Liabilities | $155K |
| Net Assets | $1.4M |
| Operating Margin | 2.9% |
| Debt-to-Asset Ratio | 9.8% |
| Months of Reserves | 14.1 months |
Financial Health Grade: A
In 2023, Anns Circle Inc reported a surplus of $40K with revenue exceeding expenses, holds 14.1 months of operating reserves (strong position), has a debt-to-asset ratio of 9.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Anns Circle Inc's revenue has grown at a compound annual growth rate (CAGR) of 25.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.6% | +45.0% | +4.5% |
| 2022 | +6.5% | +59.4% | +17.7% |
| 2021 | +58.1% | -12.4% | +80.5% |
| 2020 | -8.9% | -2.4% | +0.9% |
| 2019 | +10.7% | +6.0% | +8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Anns Circle Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Anns Circle Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $40K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization with growing revenues exceeding $1.3 million.
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 Anns Circle Inc:
- Consistent and significant revenue growth over a decade (from $170,151 in 2014 to $1,390,484 in 2023).
- Zero officer compensation reported across all filings, indicating volunteer leadership and high resource efficiency.
- Healthy asset-to-liability ratio, demonstrating strong financial stability (e.g., $1,587,914 assets vs. $155,281 liabilities in 2023).
- Expenses closely track revenue, suggesting efficient deployment of funds towards programmatic activities.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
Frequently Asked Questions about Anns Circle Inc
Is Anns Circle Inc a legitimate charity?
Anns Circle Inc (EIN: 205109378) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Anns Circle Inc spend its money?
Anns Circle Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Anns Circle Inc tax-deductible?
Anns Circle Inc is registered as a tax-exempt nonprofit (EIN: 205109378). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Anns Circle Inc CEO make?
Anns Circle Inc's highest-compensated officer earns $1.3 annually. The organization reported $1.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Anns Circle Inc's spending goes to programs?
Anns Circle Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Anns Circle Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Anns Circle Inc is above average for NTEE category A99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Anns Circle Inc located?
Anns Circle Inc is headquartered in Solomons, Maryland and files with the IRS under EIN 205109378. It is classified under NTEE code A99.
How many years of IRS 990 filings does Anns Circle Inc have?
Anns Circle 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 $1.7M in total revenue.
Is Anns Circle Inc a good charity?
Based on the provided financial data, Anns Circle Inc appears to be a very good charity. It demonstrates strong financial growth, maintains healthy assets, and notably reports 0% officer compensation, suggesting a high dedication of resources to its mission.
How has Anns Circle Inc's revenue grown over time?
Anns Circle Inc has experienced significant revenue growth, increasing from $170,151 in 2014 to $1,390,484 in 2023, indicating substantial expansion of its operations and funding.
What is the financial stability of Anns Circle Inc?
The organization shows strong financial stability, with assets of $1,587,914 in 2023 significantly outweighing liabilities of $155,281, providing a healthy financial cushion.
Filing History
IRS 990 filing history for Anns Circle Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Anns Circle Inc's revenue has grown by 1365.3%, moving from $95K to $1.4M. Total assets increased by 393% over the same period, from $322K to $1.6M. Total functional expenses rose by 1166%, from $107K to $1.4M. In its most recent filing year (2023), Anns Circle Inc reported a surplus of $40K, with revenue exceeding expenses. The organization holds $155K in liabilities against $1.6M in assets (debt-to-asset ratio: 9.8%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.4M | $1.6M | $155K | — | — |
| 2022 | $1.2M | $931K | $1.5M | $151K | — | View 990 |
| 2021 | $1.1M | $584K | $1.3M | $153K | — | — |
| 2020 | $690K | $667K | $715K | $85K | — | View 990 |
| 2019 | $758K | $683K | $709K | $102K | — | View 990 |
| 2018 | $685K | $645K | $655K | $122K | — | View 990 |
| 2017 | $619K | $517K | $532K | $38K | — | View 990 |
| 2016 | $208K | $182K | $399K | $7K | — | View 990 |
| 2015 | $164K | $158K | $387K | $23K | — | View 990 |
| 2014 | $170K | $123K | $381K | $23K | — | View 990 |
| 2013 | $124K | $95K | $328K | $8K | — | View 990 |
| 2012 | $116K | $130K | $319K | $40K | — | View 990 |
| 2011 | $95K | $107K | $322K | $33K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.4M, and assets of $1.6M (revenue +19.6% year-over-year).
- 2022: Revenue of $1.2M, expenses of $931K, and assets of $1.5M (revenue +6.5% year-over-year).
- 2021: Revenue of $1.1M, expenses of $584K, and assets of $1.3M (revenue +58.1% year-over-year).
- 2020: Revenue of $690K, expenses of $667K, and assets of $715K (revenue -8.9% year-over-year).
- 2019: Revenue of $758K, expenses of $683K, and assets of $709K (revenue +10.7% year-over-year).
- 2018: Revenue of $685K, expenses of $645K, and assets of $655K (revenue +10.6% year-over-year).
- 2017: Revenue of $619K, expenses of $517K, and assets of $532K (revenue +197.0% year-over-year).
- 2016: Revenue of $208K, expenses of $182K, and assets of $399K (revenue +27.0% year-over-year).
- 2015: Revenue of $164K, expenses of $158K, and assets of $387K (revenue -3.5% year-over-year).
- 2014: Revenue of $170K, expenses of $123K, and assets of $381K (revenue +37.1% year-over-year).
- 2013: Revenue of $124K, expenses of $95K, and assets of $328K (revenue +7.3% year-over-year).
- 2012: Revenue of $116K, expenses of $130K, and assets of $319K (revenue +21.9% year-over-year).
- 2011: Revenue of $95K, expenses of $107K, and assets of $322K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Anns Circle Inc:
Data Sources and Methodology
This transparency report for Anns Circle 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.