Capital Area Gay & Lesbian Chamber
EIN: 521720924 · Washington, DC · NTEE: S41
| Metric | Value |
|---|---|
| Total Expenses | $35K |
| Net Assets | $35K |
Is Capital Area Gay & Lesbian Chamber Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Capital Area Gay & Lesbian Chamber
Capital Area Gay & Lesbian Chamber (EIN: 521720924) is a nonprofit organization based in Washington, DC, classified under NTEE code S41. 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 Capital Area Gay & Lesbian Chamber's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capital Area Gay & Lesbian Chamber is a micro nonprofit that has been operating for 12 years, with 2 years of IRS 990 filings on record (2016–2017). Revenue has grown at a compound annual rate of -31.5%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $40K |
| Total Expenses | $35K |
| Surplus / Deficit | +$5K |
| Total Assets | $35K |
| Net Assets | $35K |
| Operating Margin | 13.0% |
| Months of Reserves | 12.0 months |
Financial Health Grade: A
In 2017, Capital Area Gay & Lesbian Chamber reported a surplus of $5K with revenue exceeding expenses, holds 12.0 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2016–2017), Capital Area Gay & Lesbian Chamber's revenue has declined at a compound annual growth rate (CAGR) of -31.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -31.5% | +15.2% | +17.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Capital Area Gay & Lesbian Chamber 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 Capital Area Gay & Lesbian Chamber 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
Frequently Asked Questions about Capital Area Gay & Lesbian Chamber
Is Capital Area Gay & Lesbian Chamber a legitimate charity?
Capital Area Gay & Lesbian Chamber (EIN: 521720924) 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: A.
How does Capital Area Gay & Lesbian Chamber spend its money?
Capital Area Gay & Lesbian Chamber 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 Capital Area Gay & Lesbian Chamber tax-deductible?
Capital Area Gay & Lesbian Chamber is registered as a tax-exempt nonprofit (EIN: 521720924). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Capital Area Gay & Lesbian Chamber located?
Capital Area Gay & Lesbian Chamber is headquartered in Washington, Washington DC and files with the IRS under EIN 521720924. It is classified under NTEE code S41.
How many years of IRS 990 filings does Capital Area Gay & Lesbian Chamber have?
Capital Area Gay & Lesbian Chamber 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 Capital Area Gay & Lesbian Chamber showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2016–2017), Capital Area Gay & Lesbian Chamber's revenue has declined by 31.5%, moving from $59K to $40K. Total assets increased by 17.5% over the same period, from $30K to $35K. Total functional expenses rose by 15.2%, from $31K to $35K. In its most recent filing year (2017), Capital Area Gay & Lesbian Chamber reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $40K | $35K | $35K | $0 | — | View 990 |
| 2016 | $59K | $31K | $30K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capital Area Gay & Lesbian Chamber:
Data Sources and Methodology
This transparency report for Capital Area Gay & Lesbian Chamber 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.