Black Psychiatrists Of America Inc
Black Psychiatrists Of America Inc shows significant revenue growth and maintains a debt-free financial position with no reported officer compensation.
EIN: 133082899 · Washington, DC · NTEE: A01 · Updated: 2026-03-28
Is Black Psychiatrists Of America Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Black Psychiatrists Of America Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Black Psychiatrists Of America Inc
Black Psychiatrists Of America Inc (EIN: 133082899) is a nonprofit organization based in Washington, DC, classified under NTEE code A01. The organization reported total revenue of $397K and total assets of $80K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Black Psychiatrists Of America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Black Psychiatrists Of America Inc is a small nonprofit that has been operating for 3 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $319K |
| Total Expenses | $310K |
| Surplus / Deficit | +$8K |
| Total Assets | $69K |
| Net Assets | $69K |
| Operating Margin | 2.5% |
| Months of Reserves | 2.7 months |
Financial Health Grade: A
In 2023, Black Psychiatrists Of America Inc reported a surplus of $8K with revenue exceeding expenses, holds 2.7 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2010–2023), Black Psychiatrists Of America Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +49.9% | +68.2% | +16.2% |
| 2022 | +314.7% | +835.5% | +88.5% |
| 2021 | +159.8% | -35.5% | +185335.3% |
| 2020 | -85.0% | -74.7% | -99.8% |
| 2019 | -5.1% | -17.4% | +13507.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2023 |
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 Black Psychiatrists Of America 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, Black Psychiatrists Of America 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 $8K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for minimizing administrative overhead.
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 Black Psychiatrists Of America Inc:
- Consistent 0% officer compensation, indicating efficient use of funds.
- Significant revenue growth from $51,235 in 2021 to $318,524 in 2023.
- Maintains minimal to no liabilities across all reported periods.
- Growing asset base, from $17 in 2020 to $69,067 in 2023, indicating financial accumulation.
- Expenses generally align with or are slightly below revenue in recent periods, showing fiscal responsibility.
Frequently Asked Questions about Black Psychiatrists Of America Inc
Is Black Psychiatrists Of America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Black Psychiatrists Of America Inc (EIN: 133082899) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Black Psychiatrists Of America Inc spend its money?
Black Psychiatrists Of America Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Black Psychiatrists Of America Inc tax-deductible?
Black Psychiatrists Of America Inc is registered as a tax-exempt nonprofit (EIN: 133082899). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Black Psychiatrists Of America Inc financially stable?
Yes, the organization appears financially stable, especially given its recent revenue growth from $51,235 in 2021 to $318,524 in 2023, and its consistent ability to operate without liabilities.
How does Black Psychiatrists Of America Inc manage its executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership or very low executive overhead, which is a positive indicator of efficient resource allocation.
Has the organization's financial health improved over time?
Yes, the organization has shown significant improvement, with assets growing from $17 in 2020 to $69,067 in 2023, and revenue increasing substantially in recent years.
Filing History
IRS 990 filing history for Black Psychiatrists Of America Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Black Psychiatrists Of America Inc's revenue has grown by 393.6%, moving from $65K to $319K. Total assets increased by 2521.1% over the same period, from $3K to $69K. Total functional expenses rose by 379.4%, from $65K to $310K. In its most recent filing year (2023), Black Psychiatrists Of America Inc reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $319K | $310K | $69K | $0 | — | — |
| 2022 | $212K | $185K | $59K | $0 | — | — |
| 2021 | $51K | $20K | $32K | $0 | — | — |
| 2020 | $20K | $31K | $17 | $0 | — | — |
| 2019 | $132K | $121K | $11K | $0 | — | — |
| 2018 | $139K | $146K | $80 | $0 | — | — |
| 2017 | $221K | $214K | $8K | $230 | — | View 990 |
| 2016 | $158K | $168K | $6K | $6K | — | View 990 |
| 2015 | $60K | $52K | $14K | $6K | — | View 990 |
| 2014 | $36K | $60K | $5K | $5K | — | View 990 |
| 2013 | $58K | $37K | $29K | $5K | — | View 990 |
| 2012 | $72K | $76K | $4K | $521 | — | View 990 |
| 2011 | $69K | $63K | $8K | $0 | — | View 990 |
| 2010 | $65K | $65K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $319K, expenses of $310K, and assets of $69K (revenue +49.9% year-over-year).
- 2022: Revenue of $212K, expenses of $185K, and assets of $59K (revenue +314.7% year-over-year).
- 2021: Revenue of $51K, expenses of $20K, and assets of $32K (revenue +159.8% year-over-year).
- 2020: Revenue of $20K, expenses of $31K, and assets of $17 (revenue -85.0% year-over-year).
- 2019: Revenue of $132K, expenses of $121K, and assets of $11K (revenue -5.1% year-over-year).
- 2018: Revenue of $139K, expenses of $146K, and assets of $80 (revenue -37.1% year-over-year).
- 2017: Revenue of $221K, expenses of $214K, and assets of $8K (revenue +39.3% year-over-year).
- 2016: Revenue of $158K, expenses of $168K, and assets of $6K (revenue +165.1% year-over-year).
- 2015: Revenue of $60K, expenses of $52K, and assets of $14K (revenue +67.7% year-over-year).
- 2014: Revenue of $36K, expenses of $60K, and assets of $5K (revenue -38.8% year-over-year).
- 2013: Revenue of $58K, expenses of $37K, and assets of $29K (revenue -19.0% year-over-year).
- 2012: Revenue of $72K, expenses of $76K, and assets of $4K (revenue +4.9% year-over-year).
- 2011: Revenue of $69K, expenses of $63K, and assets of $8K (revenue +6.3% year-over-year).
- 2010: Revenue of $65K, expenses of $65K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Black Psychiatrists Of America Inc:
Data Sources and Methodology
This transparency report for Black Psychiatrists Of America 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.