Charter Board Partners
Charter Board Partners maintains stable finances with no reported officer compensation, despite fluctuating revenue.
EIN: 10974476 · Bethesda, MD · NTEE: B012 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Program Spending | 85% |
| Net Assets | $477K |
| Transparency Score | 88/100 |
Is Charter Board Partners Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Charter Board Partners directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Charter Board Partners
Charter Board Partners (EIN: 10974476) is a nonprofit organization based in Bethesda, MD, classified under NTEE code B012. The organization reported total revenue of $1.2M and total assets of $615K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charter Board Partners's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charter Board Partners is a mid-size nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 10.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$30K |
| Total Assets | $615K |
| Total Liabilities | $138K |
| Net Assets | $477K |
| Operating Margin | 2.4% |
| Debt-to-Asset Ratio | 22.5% |
| Months of Reserves | 6.2 months |
Financial Health Grade: A
In 2022, Charter Board Partners reported a surplus of $30K with revenue exceeding expenses, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 22.5% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Charter Board Partners's revenue has grown at a compound annual growth rate (CAGR) of 10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +13.5% | -5.2% | -8.3% |
| 2021 | -35.7% | +1.7% | -24.2% |
| 2020 | +102.1% | -11.4% | +237.4% |
| 2019 | +8.3% | +10.8% | -69.9% |
| 2018 | -25.6% | +15.2% | -31.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2010 |
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 Charter Board Partners with a Mission Score of 88 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, Charter Board Partners 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $30K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly positive indicator for a nonprofit of its size, suggesting a strong dedication to mission-focused spending.
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 Charter Board Partners's IRS 990 filings:
- Declining asset base over recent years (from $1,427,118 in 201606 to $615,094 in 202206)
- Fluctuating revenue streams, making long-term financial planning potentially challenging (e.g., $1,905,545 in 201606 vs. $1,226,978 in 202206)
Strengths
The following positive indicators were identified for Charter Board Partners:
- Consistent 0% officer compensation across all filings, indicating strong resource allocation to mission
- Generally low liabilities relative to assets ($138,331 liabilities vs. $615,094 assets in 202206)
- Operating with a surplus in the latest fiscal period (202206 revenue of $1,226,978 exceeding expenses of $1,196,977)
Frequently Asked Questions about Charter Board Partners
Is Charter Board Partners a legitimate charity?
Based on AI analysis of IRS 990 filings, Charter Board Partners (EIN: 10974476) some concerns. Mission Score: 88/100. 2 red flags identified, 3 strengths noted.
How does Charter Board Partners spend its money?
Charter Board Partners directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Charter Board Partners tax-deductible?
Charter Board Partners is registered as a tax-exempt nonprofit (EIN: 10974476). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Charter Board Partners's spending goes to programs?
Charter Board Partners directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Charter Board Partners compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Charter Board Partners is above average for NTEE category B012 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Charter Board Partners located?
Charter Board Partners is headquartered in Bethesda, Maryland and files with the IRS under EIN 10974476. It is classified under NTEE code B012.
How many years of IRS 990 filings does Charter Board Partners have?
Charter Board Partners has 12 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 $1.2M in total revenue.
Is Charter Board Partners a good charity?
Based on the available data, Charter Board Partners appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to program spending. While revenue and expenses have fluctuated, the organization generally operates with a balanced budget or slight surplus, as seen in the 202206 filing where revenue ($1,226,978) exceeded expenses ($1,196,977).
How has Charter Board Partners' financial health changed over time?
Charter Board Partners has experienced fluctuations in its financial health. Revenue peaked at $1,905,545 in 201606 and has since decreased to $1,226,978 in 202206. Assets have also declined from a high of $1,427,118 in 201606 to $615,094 in 202206. However, the organization has generally managed to keep expenses in line with revenue, often operating with a surplus or small deficit.
What is the trend in Charter Board Partners' assets?
Charter Board Partners' assets have shown a declining trend since 201606, when they were at their highest at $1,427,118. By 202206, assets had decreased to $615,094. This suggests a reduction in the organization's financial reserves or investments over this period.
Filing History
IRS 990 filing history for Charter Board Partners showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Charter Board Partners's revenue has grown by 207.3%, moving from $399K to $1.2M. Total assets increased by 374.3% over the same period, from $130K to $615K. Total functional expenses rose by 274.3%, from $320K to $1.2M. In its most recent filing year (2022), Charter Board Partners reported a surplus of $30K, with revenue exceeding expenses. The organization holds $138K in liabilities against $615K in assets (debt-to-asset ratio: 22.5%), resulting in net assets of $477K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.2M | $1.2M | $615K | $138K | — | View 990 |
| 2021 | $1.1M | $1.3M | $671K | $224K | — | — |
| 2020 | $1.7M | $1.2M | $885K | $256K | — | View 990 |
| 2019 | $832K | $1.4M | $262K | $73K | — | View 990 |
| 2018 | $768K | $1.3M | $871K | $113K | — | View 990 |
| 2017 | $1.0M | $1.1M | $1.3M | $50K | — | View 990 |
| 2016 | $1.9M | $1.4M | $1.4M | $127K | — | View 990 |
| 2015 | $1.8M | $2.0M | $879K | $262K | — | View 990 |
| 2014 | $1.6M | $1.2M | $870K | $81K | — | View 990 |
| 2013 | $919K | $913K | $419K | $31K | — | View 990 |
| 2012 | $494K | $368K | $313K | $57K | — | View 990 |
| 2011 | $399K | $320K | $130K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $615K (revenue +13.5% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.3M, and assets of $671K (revenue -35.7% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.2M, and assets of $885K (revenue +102.1% year-over-year).
- 2019: Revenue of $832K, expenses of $1.4M, and assets of $262K (revenue +8.3% year-over-year).
- 2018: Revenue of $768K, expenses of $1.3M, and assets of $871K (revenue -25.6% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.1M, and assets of $1.3M (revenue -45.8% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.4M, and assets of $1.4M (revenue +6.1% year-over-year).
- 2015: Revenue of $1.8M, expenses of $2.0M, and assets of $879K (revenue +13.6% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.2M, and assets of $870K (revenue +72.1% year-over-year).
- 2013: Revenue of $919K, expenses of $913K, and assets of $419K (revenue +85.8% year-over-year).
- 2012: Revenue of $494K, expenses of $368K, and assets of $313K (revenue +23.8% year-over-year).
- 2011: Revenue of $399K, expenses of $320K, and assets of $130K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charter Board Partners:
Data Sources and Methodology
This transparency report for Charter Board Partners 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.