Citizen56 Inc
EIN: 831856901 · Wayland, MA · NTEE: B90
Is Citizen56 Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Citizen56 Inc
Citizen56 Inc (EIN: 831856901) is a nonprofit organization based in Wayland, MA, classified under NTEE code B90. The organization reported total revenue of $19.9M and total assets of $48.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Citizen56 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Citizen56 Inc 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 Citizen56 Inc 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.
Frequently Asked Questions about Citizen56 Inc
Is Citizen56 Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Citizen56 Inc (EIN: 831856901) insufficient data. 0 red flags identified, 0 strengths noted.
How does Citizen56 Inc spend its money?
Detailed spending breakdown data is not yet available for Citizen56 Inc. Check back for updated IRS 990 analysis.
Are donations to Citizen56 Inc tax-deductible?
Citizen56 Inc is registered as a tax-exempt nonprofit (EIN: 831856901). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Citizen56 Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Citizen56 Inc's revenue has grown by 7024.5%, moving from $164K to $11.7M. Total assets increased by 2038002.8% over the same period, from $2K to $36.7M. Total functional expenses fell by 20.9%, from $162K to $128K. In its most recent filing year (2023), Citizen56 Inc reported a surplus of $11.5M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $11.7M | $128K | $36.7M | $0 | — | — |
| 2022 | $10.2M | $1K | $25.3M | $0 | — | View 990 |
| 2021 | $15.0M | $35 | $15.0M | $0 | — | View 990 |
| 2020 | $0 | $9K | $39K | $0 | — | View 990 |
| 2019 | $54K | $8K | $48K | $0 | — | View 990 |
| 2018 | $164K | $162K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.7M, expenses of $128K, and assets of $36.7M (revenue +14.0% year-over-year).
- 2022: Revenue of $10.2M, expenses of $1K, and assets of $25.3M (revenue -31.8% year-over-year).
- 2021: Revenue of $15.0M, expenses of $35, and assets of $15.0M.
- 2020: Revenue of $0, expenses of $9K, and assets of $39K (revenue -100.0% year-over-year).
- 2019: Revenue of $54K, expenses of $8K, and assets of $48K (revenue -67.0% year-over-year).
- 2018: Revenue of $164K, expenses of $162K, and assets of $2K.
Data Sources and Methodology
This transparency report for Citizen56 Inc 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.