Changing Perceptions
EIN: 475462125 · Washington, DC · NTEE: I40
| Metric | Value |
|---|---|
| Total Revenue | $941K |
| Total Expenses | $467K |
| Net Assets | $133K |
Is Changing Perceptions Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Changing Perceptions
Changing Perceptions (EIN: 475462125) is a nonprofit organization based in Washington, DC, classified under NTEE code I40. The organization reported total revenue of $941K and total assets of $442K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Changing Perceptions's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Changing Perceptions is a small nonprofit that has been operating for 10 years, with 4 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $529K |
| Total Expenses | $467K |
| Surplus / Deficit | +$61K |
| Total Assets | $133K |
| Total Liabilities | $124 |
| Net Assets | $133K |
| Operating Margin | 11.6% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 3.4 months |
Financial Health Grade: A
In 2023, Changing Perceptions reported a surplus of $61K with revenue exceeding expenses, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 4 years of filings (2016–2023), Changing Perceptions's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +102.4% | +74.3% | +2409.5% |
| 2022 | +46.3% | +103.2% | -88.6% |
| 2020 | -36.7% | +26.8% | -74.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Changing Perceptions 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 Changing Perceptions 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $61K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Changing Perceptions
Is Changing Perceptions a legitimate charity?
Based on AI analysis of IRS 990 filings, Changing Perceptions (EIN: 475462125) insufficient data. 0 red flags identified, 0 strengths noted.
How does Changing Perceptions spend its money?
Detailed spending breakdown data is not yet available for Changing Perceptions. Check back for updated IRS 990 analysis.
Are donations to Changing Perceptions tax-deductible?
Changing Perceptions is registered as a tax-exempt nonprofit (EIN: 475462125). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Changing Perceptions located?
Changing Perceptions is headquartered in Washington, Washington DC and files with the IRS under EIN 475462125. It is classified under NTEE code I40.
How many years of IRS 990 filings does Changing Perceptions have?
Changing Perceptions has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $941K in total revenue.
Filing History
IRS 990 filing history for Changing Perceptions showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2016–2023), Changing Perceptions's revenue has grown by 87.6%, moving from $282K to $529K. Total assets decreased by 27.6% over the same period, from $184K to $133K. Total functional expenses rose by 349.4%, from $104K to $467K. In its most recent filing year (2023), Changing Perceptions reported a surplus of $61K, with revenue exceeding expenses. The organization holds $124 in liabilities against $133K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $133K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $529K | $467K | $133K | $124 | — | — |
| 2022 | $261K | $268K | $5K | $0 | — | — |
| 2020 | $178K | $132K | $47K | $0 | — | View 990 |
| 2016 | $282K | $104K | $184K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $529K, expenses of $467K, and assets of $133K (revenue +102.4% year-over-year).
- 2022: Revenue of $261K, expenses of $268K, and assets of $5K (revenue +46.3% year-over-year).
- 2020: Revenue of $178K, expenses of $132K, and assets of $47K (revenue -36.7% year-over-year).
- 2016: Revenue of $282K, expenses of $104K, and assets of $184K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Changing Perceptions:
Data Sources and Methodology
This transparency report for Changing Perceptions 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.