Bcc Iwla Legacy Foundation Inc
EIN: 320031248 · Poolesville, MD · NTEE: B80
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $31K |
| Net Assets | $2.9M |
Is Bcc Iwla Legacy Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bcc Iwla Legacy Foundation Inc
Bcc Iwla Legacy Foundation Inc (EIN: 320031248) is a nonprofit organization based in Poolesville, MD, classified under NTEE code B80. The organization reported total revenue of $1.7M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bcc Iwla Legacy Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bcc Iwla Legacy Foundation Inc is a mid-size nonprofit that has been operating for 23 years, with 12 years of IRS 990 filings on record (2009–2021). Revenue has grown at a compound annual rate of 36.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $460K |
| Total Expenses | $31K |
| Surplus / Deficit | +$429K |
| Total Assets | $2.9M |
| Net Assets | $2.9M |
| Operating Margin | 93.2% |
| Months of Reserves | 1109.6 months |
Financial Health Grade: A
In 2021, Bcc Iwla Legacy Foundation Inc reported a surplus of $429K with revenue exceeding expenses, holds 1109.6 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2009–2021), Bcc Iwla Legacy Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 36.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +399.5% | -32.6% | +28.0% |
| 2020 | -66.6% | +79.9% | +9.7% |
| 2019 | +84.5% | -25.8% | +14.4% |
| 2018 | +0.4% | +103.0% | +8.6% |
| 2017 | +541.0% | -21.9% | +14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bcc Iwla Legacy Foundation 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 Bcc Iwla Legacy Foundation 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $429K, with revenue exceeding expenses.
Frequently Asked Questions about Bcc Iwla Legacy Foundation Inc
Is Bcc Iwla Legacy Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bcc Iwla Legacy Foundation Inc (EIN: 320031248) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bcc Iwla Legacy Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Bcc Iwla Legacy Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Bcc Iwla Legacy Foundation Inc tax-deductible?
Bcc Iwla Legacy Foundation Inc is registered as a tax-exempt nonprofit (EIN: 320031248). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bcc Iwla Legacy Foundation Inc located?
Bcc Iwla Legacy Foundation Inc is headquartered in Poolesville, Maryland and files with the IRS under EIN 320031248. It is classified under NTEE code B80.
How many years of IRS 990 filings does Bcc Iwla Legacy Foundation Inc have?
Bcc Iwla Legacy Foundation Inc has 12 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.
Filing History
IRS 990 filing history for Bcc Iwla Legacy Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2009–2021), Bcc Iwla Legacy Foundation Inc's revenue has grown by 4102.2%, moving from $11K to $460K. Total assets increased by 143% over the same period, from $1.2M to $2.9M. Total functional expenses rose by 271.6%, from $8K to $31K. In its most recent filing year (2021), Bcc Iwla Legacy Foundation Inc reported a surplus of $429K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $460K | $31K | $2.9M | $0 | — | — |
| 2020 | $92K | $46K | $2.3M | $0 | — | View 990 |
| 2019 | $275K | $26K | $2.1M | $0 | — | View 990 |
| 2018 | $149K | $35K | $1.8M | $0 | — | View 990 |
| 2017 | $149K | $17K | $1.7M | $0 | — | View 990 |
| 2016 | $23K | $22K | $1.4M | $0 | — | View 990 |
| 2015 | $5K | $8K | $1.4M | $0 | — | View 990 |
| 2014 | $10K | $6K | $1.4M | $0 | — | View 990 |
| 2013 | $6K | $8K | $1.4M | $0 | — | View 990 |
| 2012 | $71K | $15K | $1.4M | $0 | — | View 990 |
| 2011 | $51K | $15K | $1.3M | $0 | — | View 990 |
| 2009 | $11K | $8K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $460K, expenses of $31K, and assets of $2.9M (revenue +399.5% year-over-year).
- 2020: Revenue of $92K, expenses of $46K, and assets of $2.3M (revenue -66.6% year-over-year).
- 2019: Revenue of $275K, expenses of $26K, and assets of $2.1M (revenue +84.5% year-over-year).
- 2018: Revenue of $149K, expenses of $35K, and assets of $1.8M (revenue +0.4% year-over-year).
- 2017: Revenue of $149K, expenses of $17K, and assets of $1.7M (revenue +541.0% year-over-year).
- 2016: Revenue of $23K, expenses of $22K, and assets of $1.4M (revenue +380.5% year-over-year).
- 2015: Revenue of $5K, expenses of $8K, and assets of $1.4M (revenue -50.8% year-over-year).
- 2014: Revenue of $10K, expenses of $6K, and assets of $1.4M (revenue +73.9% year-over-year).
- 2013: Revenue of $6K, expenses of $8K, and assets of $1.4M (revenue -92.0% year-over-year).
- 2012: Revenue of $71K, expenses of $15K, and assets of $1.4M (revenue +37.4% year-over-year).
- 2011: Revenue of $51K, expenses of $15K, and assets of $1.3M (revenue +369.3% year-over-year).
- 2009: Revenue of $11K, expenses of $8K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bcc Iwla Legacy Foundation Inc:
Data Sources and Methodology
This transparency report for Bcc Iwla Legacy Foundation 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.