Catholic Labor Network Georgetown University Mcquire Hall
Catholic Labor Network shows volatile revenue and asset growth, with no reported officer compensation.
EIN: 208926437 · Washington, DC · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $29K |
| Total Expenses | $103K |
| Program Spending | 80% |
| Net Assets | $377K |
| Transparency Score | 75/100 |
Is Catholic Labor Network Georgetown University Mcquire Hall Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Catholic Labor Network Georgetown University Mcquire Hall directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Catholic Labor Network Georgetown University Mcquire Hall
Catholic Labor Network Georgetown University Mcquire Hall (EIN: 208926437) is a nonprofit organization based in Washington, DC, classified under NTEE code X21. The organization reported total revenue of $29K and total assets of $307K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catholic Labor Network Georgetown University Mcquire Hall's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catholic Labor Network Georgetown University Mcquire Hall is a micro nonprofit that has been operating for 12 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $431K |
| Total Expenses | $103K |
| Surplus / Deficit | +$328K |
| Total Assets | $377K |
| Total Liabilities | $93 |
| Net Assets | $377K |
| Operating Margin | 76.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 43.9 months |
Financial Health Grade: A
In 2023, Catholic Labor Network Georgetown University Mcquire Hall reported a surplus of $328K with revenue exceeding expenses, holds 43.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Catholic Labor Network Georgetown University Mcquire Hall's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +146.9% | -64.1% | +620.6% |
| 2022 | -54.8% | -11.2% | -68.6% |
| 2021 | +50.7% | -2.3% | +61.2% |
| 2020 | -28.8% | +12.8% | -46.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Catholic Labor Network Georgetown University Mcquire Hall with a Mission Score of 75 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, Catholic Labor Network Georgetown University Mcquire Hall 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 surplus of $328K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all five years, indicating that the organization's officers are likely volunteers, which is a positive sign for minimizing administrative costs and maximizing funds for its mission.
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 Catholic Labor Network Georgetown University Mcquire Hall's IRS 990 filings:
- Inconsistent financial performance with expenses exceeding revenue in multiple years (e.g., 2022, 2020).
- Significant volatility in assets, ranging from $52,306 in 2022 to $376,921 in 2023, indicating potential instability.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering full spending efficiency assessment.
Strengths
The following positive indicators were identified for Catholic Labor Network Georgetown University Mcquire Hall:
- No reported officer compensation for five consecutive years, indicating volunteer leadership and efficient use of funds at the executive level.
- Consistent filing of IRS Form 990s, demonstrating commitment to transparency.
- Relatively low liabilities across most years, suggesting responsible debt management.
- Strong revenue generation in 2023 ($430,636) leading to a significant increase in assets.
Frequently Asked Questions about Catholic Labor Network Georgetown University Mcquire Hall
Is Catholic Labor Network Georgetown University Mcquire Hall a legitimate charity?
Catholic Labor Network Georgetown University Mcquire Hall (EIN: 208926437) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 75/100. It has 5 years of IRS 990 filings on record. Total revenue: $29K. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Catholic Labor Network Georgetown University Mcquire Hall spend its money?
Catholic Labor Network Georgetown University Mcquire Hall directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Catholic Labor Network Georgetown University Mcquire Hall tax-deductible?
Catholic Labor Network Georgetown University Mcquire Hall is registered as a tax-exempt nonprofit (EIN: 208926437). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Catholic Labor Network Georgetown University Mcquire Hall's spending goes to programs?
Catholic Labor Network Georgetown University Mcquire Hall directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Catholic Labor Network Georgetown University Mcquire Hall compare to similar nonprofits?
With a transparency score of 75/100 (Good), Catholic Labor Network Georgetown University Mcquire Hall is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Catholic Labor Network Georgetown University Mcquire Hall located?
Catholic Labor Network Georgetown University Mcquire Hall is headquartered in Washington, Washington DC and files with the IRS under EIN 208926437. It is classified under NTEE code X21.
How many years of IRS 990 filings does Catholic Labor Network Georgetown University Mcquire Hall have?
Catholic Labor Network Georgetown University Mcquire Hall has 5 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 $29K in total revenue.
What caused the significant increase in assets from $52,306 in 2022 to $376,921 in 2023?
The provided data does not specify the exact cause, but it coincides with a substantial increase in revenue from $174,391 in 2022 to $430,636 in 2023, suggesting successful fundraising or a large donation.
What is the breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of expenses beyond total expenses, making it difficult to precisely determine the allocation to programs, administration, and fundraising.
How does the organization manage periods where expenses exceed revenue, such as in 2022 and 2020?
In years where expenses exceeded revenue, the organization likely drew upon prior year surpluses or reserves, as indicated by the fluctuating asset levels.
Filing History
IRS 990 filing history for Catholic Labor Network Georgetown University Mcquire Hall showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Catholic Labor Network Georgetown University Mcquire Hall's revenue has grown by 19.7%, moving from $360K to $431K. Total assets increased by 94.1% over the same period, from $194K to $377K. Total functional expenses fell by 64.9%, from $293K to $103K. In its most recent filing year (2023), Catholic Labor Network Georgetown University Mcquire Hall reported a surplus of $328K, with revenue exceeding expenses. The organization holds $93 in liabilities against $377K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $377K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $431K | $103K | $377K | $93 | — | — |
| 2022 | $174K | $287K | $52K | $2K | — | View 990 |
| 2021 | $386K | $323K | $166K | $4K | — | View 990 |
| 2020 | $256K | $330K | $103K | $3K | — | View 990 |
| 2019 | $360K | $293K | $194K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $431K, expenses of $103K, and assets of $377K (revenue +146.9% year-over-year).
- 2022: Revenue of $174K, expenses of $287K, and assets of $52K (revenue -54.8% year-over-year).
- 2021: Revenue of $386K, expenses of $323K, and assets of $166K (revenue +50.7% year-over-year).
- 2020: Revenue of $256K, expenses of $330K, and assets of $103K (revenue -28.8% year-over-year).
- 2019: Revenue of $360K, expenses of $293K, and assets of $194K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catholic Labor Network Georgetown University Mcquire Hall:
Data Sources and Methodology
This transparency report for Catholic Labor Network Georgetown University Mcquire Hall 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.