Circle Of Friends Of Washington Dc
EIN: 822322622 · Washington, DC · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $84K |
| Total Expenses | $56K |
| Net Assets | $25K |
Is Circle Of Friends Of Washington Dc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Circle Of Friends Of Washington Dc
Circle Of Friends Of Washington Dc (EIN: 822322622) is a nonprofit organization based in Washington, DC, classified under NTEE code B12. The organization reported total revenue of $84K and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Circle Of Friends Of Washington Dc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Circle Of Friends Of Washington Dc is a micro nonprofit that has been operating for 3 years, with 6 years of IRS 990 filings on record (2017–2022). Revenue has grown at a compound annual rate of 118.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $75K |
| Total Expenses | $56K |
| Surplus / Deficit | +$20K |
| Total Assets | $25K |
| Net Assets | $25K |
| Operating Margin | 26.3% |
| Months of Reserves | 5.3 months |
Financial Health Grade: A
In 2022, Circle Of Friends Of Washington Dc reported a surplus of $20K with revenue exceeding expenses, holds 5.3 months of operating reserves (adequate).
Financial Trends
Over 6 years of filings (2017–2022), Circle Of Friends Of Washington Dc's revenue has grown at a compound annual growth rate (CAGR) of 118.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -100.0% | -88.4% | -4.5% |
| 2019 | +20.5% | — | +64.1% |
| 2018 | +451.6% | — | +418.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Circle Of Friends Of Washington Dc 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 Circle Of Friends Of Washington Dc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
Frequently Asked Questions about Circle Of Friends Of Washington Dc
Is Circle Of Friends Of Washington Dc a legitimate charity?
Circle Of Friends Of Washington Dc (EIN: 822322622) is a registered tax-exempt nonprofit based in Washington DC. It has 6 years of IRS 990 filings on record. Total revenue: $84K. No red flags identified. Financial health grade: A.
How does Circle Of Friends Of Washington Dc spend its money?
Circle Of Friends Of Washington Dc reported $84K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Circle Of Friends Of Washington Dc tax-deductible?
Circle Of Friends Of Washington Dc is registered as a tax-exempt nonprofit (EIN: 822322622). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Circle Of Friends Of Washington Dc located?
Circle Of Friends Of Washington Dc is headquartered in Washington, Washington DC and files with the IRS under EIN 822322622. It is classified under NTEE code B12.
How many years of IRS 990 filings does Circle Of Friends Of Washington Dc have?
Circle Of Friends Of Washington Dc has 6 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 $84K in total revenue.
Filing History
IRS 990 filing history for Circle Of Friends Of Washington Dc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2017–2022), Circle Of Friends Of Washington Dc's revenue has grown by 4931.2%, moving from $2K to $75K. Total assets increased by 1550.9% over the same period, from $2K to $25K. In its most recent filing year (2022), Circle Of Friends Of Washington Dc reported a surplus of $20K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $75K | $56K | $25K | $0 | — | View 990 |
| 2021 | $0 | $500 | $12K | $0 | — | View 990 |
| 2020 | $0 | $578 | $12K | $0 | — | — |
| 2019 | $10K | $5K | $13K | $0 | — | — |
| 2018 | $8K | $0 | $8K | $0 | — | — |
| 2017 | $2K | $0 | $2K | $0 | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $75K, expenses of $56K, and assets of $25K.
- 2021: Revenue of $0, expenses of $500, and assets of $12K.
- 2020: Revenue of $0, expenses of $578, and assets of $12K (revenue -100.0% year-over-year).
- 2019: Revenue of $10K, expenses of $5K, and assets of $13K (revenue +20.5% year-over-year).
- 2018: Revenue of $8K, expenses of $0, and assets of $8K (revenue +451.6% year-over-year).
- 2017: Revenue of $2K, expenses of $0, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Circle Of Friends Of Washington Dc:
Data Sources and Methodology
This transparency report for Circle Of Friends Of Washington Dc 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.