Capitol Area Telugu Society
Capitol Area Telugu Society experienced a significant deficit in its latest reported fiscal year, with expenses exceeding revenue by over $47,000.
EIN: 204904646 · Gaithersburg, MD · NTEE: P84 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $76K |
| Total Expenses | $163K |
| Program Spending | 80% |
| Net Assets | $5K |
| Transparency Score | 70/100 |
Is Capitol Area Telugu Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Capitol Area Telugu Society directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Capitol Area Telugu Society
Capitol Area Telugu Society (EIN: 204904646) is a nonprofit organization based in Gaithersburg, MD, classified under NTEE code P84. The organization reported total revenue of $76K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capitol Area Telugu Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capitol Area Telugu Society is a micro nonprofit that has been operating for 17 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $116K |
| Total Expenses | $163K |
| Surplus / Deficit | $-47,440 |
| Total Assets | $5K |
| Net Assets | $5K |
| Operating Margin | -41.1% |
| Months of Reserves | 0.4 months |
Financial Health Grade: C
In 2023, Capitol Area Telugu Society reported a deficit of $47K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2011–2023), Capitol Area Telugu Society's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.0% | -100.0% | -100.0% |
| 2017 | +120.2% | +91.5% | +14.2% |
| 2016 | -68.5% | -69.0% | -0.2% |
| 2015 | +10.4% | +19.4% | +7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2009 |
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 Capitol Area Telugu Society with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Capitol Area Telugu Society allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $47K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is commendable for an organization of its size.
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.
Red Flags
The following concerns were identified during AI analysis of Capitol Area Telugu Society's IRS 990 filings:
- Significant operating deficit in the latest fiscal year (202312), with expenses exceeding revenue by $47,440.
- Inconsistent financial reporting, including a year with $0 revenue and expenses (202212).
- Declining asset base, from $64,193 in 201712 to $5,237 in 202312, indicating a draw on reserves.
Strengths
The following positive indicators were identified for Capitol Area Telugu Society:
- Consistent IRS 990 filing history (9 filings), demonstrating commitment to compliance.
- No reported officer compensation across all filings, indicating efficient use of funds for leadership.
- Historically, the organization has managed to generate substantial revenue, reaching $115,510 in 202312.
Frequently Asked Questions about Capitol Area Telugu Society
Is Capitol Area Telugu Society a legitimate charity?
Capitol Area Telugu Society (EIN: 204904646) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 70/100. It has 9 years of IRS 990 filings on record. Total revenue: $76K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Capitol Area Telugu Society spend its money?
Capitol Area Telugu Society directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Capitol Area Telugu Society tax-deductible?
Capitol Area Telugu Society is registered as a tax-exempt nonprofit (EIN: 204904646). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Capitol Area Telugu Society's spending goes to programs?
Capitol Area Telugu Society directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Capitol Area Telugu Society compare to similar nonprofits?
With a transparency score of 70/100 (Good), Capitol Area Telugu Society is above average for NTEE category P84 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Capitol Area Telugu Society located?
Capitol Area Telugu Society is headquartered in Gaithersburg, Maryland and files with the IRS under EIN 204904646. It is classified under NTEE code P84.
How many years of IRS 990 filings does Capitol Area Telugu Society have?
Capitol Area Telugu Society has 9 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 $76K in total revenue.
Why did Capitol Area Telugu Society report zero revenue and expenses in 2022?
The 202212 filing shows $0 revenue and $0 expenses, which could indicate a period of inactivity, a reporting error, or that all activities were conducted by volunteers without financial transactions, requiring further clarification from the organization.
How does Capitol Area Telugu Society fund its operations given the deficit in 2023?
In 202312, expenses ($162,950) significantly outpaced revenue ($115,510). This deficit likely drew down prior year reserves, as evidenced by the decrease in assets from $64,193 in 201712 to $5,237 in 202312.
What is the long-term financial sustainability of the organization?
With current assets of $5,237 and a recent operating deficit, the organization's financial sustainability appears challenged. Consistent deficits could deplete remaining assets, making future operations difficult without increased revenue or reduced expenses.
Filing History
IRS 990 filing history for Capitol Area Telugu Society showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Capitol Area Telugu Society's revenue has grown by 247.1%, moving from $33K to $116K. Total assets decreased by 54.1% over the same period, from $11K to $5K. Total functional expenses rose by 524.8%, from $26K to $163K. In its most recent filing year (2023), Capitol Area Telugu Society reported a deficit of $47K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $116K | $163K | $5K | $0 | — | View 990 |
| 2022 | $0 | $0 | $1 | $0 | — | View 990 |
| 2017 | $63K | $55K | $64K | $0 | — | View 990 |
| 2016 | $29K | $29K | $56K | $0 | — | View 990 |
| 2015 | $91K | $93K | $56K | $0 | — | View 990 |
| 2014 | $82K | $78K | $52K | $4K | — | View 990 |
| 2013 | $82K | $68K | $44K | $0 | — | — |
| 2012 | $53K | $35K | $30K | $0 | — | View 990 |
| 2011 | $33K | $26K | $11K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $116K, expenses of $163K, and assets of $5K.
- 2022: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2017: Revenue of $63K, expenses of $55K, and assets of $64K (revenue +120.2% year-over-year).
- 2016: Revenue of $29K, expenses of $29K, and assets of $56K (revenue -68.5% year-over-year).
- 2015: Revenue of $91K, expenses of $93K, and assets of $56K (revenue +10.4% year-over-year).
- 2014: Revenue of $82K, expenses of $78K, and assets of $52K (revenue +0.0% year-over-year).
- 2013: Revenue of $82K, expenses of $68K, and assets of $44K (revenue +55.5% year-over-year).
- 2012: Revenue of $53K, expenses of $35K, and assets of $30K (revenue +59.2% year-over-year).
- 2011: Revenue of $33K, expenses of $26K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capitol Area Telugu Society:
Data Sources and Methodology
This transparency report for Capitol Area Telugu Society 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.