Ark365 Dmv Inc
EIN: 823516363 · Washington, DC · NTEE: P20
| Metric | Value |
|---|---|
| Total Expenses | $7K |
| Net Assets | $2K |
Is Ark365 Dmv Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ark365 Dmv Inc
Ark365 Dmv Inc (EIN: 823516363) is a nonprofit organization based in Washington, DC, classified under NTEE code P20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ark365 Dmv Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ark365 Dmv Inc is a micro nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2019–2020). Revenue has grown at a compound annual rate of -53.0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $7K |
| Total Expenses | $7K |
| Surplus / Deficit | +$0 |
| Total Assets | $9K |
| Total Liabilities | $7K |
| Net Assets | $2K |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 75.1% |
| Months of Reserves | 15.5 months |
Financial Health Grade: B
In 2020, Ark365 Dmv Inc reported a surplus of $0 with revenue exceeding expenses, holds 15.5 months of operating reserves (strong position), has a debt-to-asset ratio of 75.1% (high leverage).
Financial Trends
Over 2 years of filings (2019–2020), Ark365 Dmv Inc's revenue has declined at a compound annual growth rate (CAGR) of -53.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -53.0% | -46.7% | -40.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ark365 Dmv 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 Ark365 Dmv 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 75.1%.
Frequently Asked Questions about Ark365 Dmv Inc
Is Ark365 Dmv Inc a legitimate charity?
Ark365 Dmv Inc (EIN: 823516363) is a registered tax-exempt nonprofit based in Washington DC. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Ark365 Dmv Inc spend its money?
Ark365 Dmv Inc reported its financials in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ark365 Dmv Inc tax-deductible?
Ark365 Dmv Inc is registered as a tax-exempt nonprofit (EIN: 823516363). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ark365 Dmv Inc located?
Ark365 Dmv Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 823516363. It is classified under NTEE code P20.
How many years of IRS 990 filings does Ark365 Dmv Inc have?
Ark365 Dmv Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Ark365 Dmv Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2019–2020), Ark365 Dmv Inc's revenue has declined by 53%, moving from $15K to $7K. Total assets decreased by 40.3% over the same period, from $16K to $9K. Total functional expenses fell by 46.7%, from $14K to $7K. In its most recent filing year (2020), Ark365 Dmv Inc reported a surplus of $0, with revenue exceeding expenses. The organization holds $7K in liabilities against $9K in assets (debt-to-asset ratio: 75.1%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $7K | $7K | $9K | $7K | — | — |
| 2019 | $15K | $14K | $16K | $14K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ark365 Dmv Inc:
Data Sources and Methodology
This transparency report for Ark365 Dmv 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.