Club Of Madrid Foundation Inc
Club Of Madrid Foundation Inc. consistently operates on a lean budget with no reported officer compensation.
EIN: 202013301 · Vienna, VA · NTEE: R12 · Updated: 2026-03-28
Is Club Of Madrid Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Club Of Madrid Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Club Of Madrid Foundation Inc
Club Of Madrid Foundation Inc (EIN: 202013301) is a nonprofit organization based in Vienna, VA, classified under NTEE code R12. The organization reported total revenue of $597K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Club Of Madrid Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Club Of Madrid Foundation Inc is a small nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -12.8%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $276K |
| Total Expenses | $281K |
| Surplus / Deficit | $-4,817 |
| Total Assets | $13K |
| Total Liabilities | $7K |
| Net Assets | $6K |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 53.1% |
| Months of Reserves | 0.6 months |
Financial Health Grade: D
In 2021, Club Of Madrid Foundation Inc reported a deficit of $5K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 53.1% (high leverage).
Financial Trends
Over 11 years of filings (2011–2021), Club Of Madrid Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -12.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +22.1% | +20.4% | -26.8% |
| 2020 | -49.9% | -48.4% | -28.8% |
| 2019 | -19.9% | -19.3% | -4.6% |
| 2018 | -4.5% | -3.9% | +9.6% |
| 2017 | +14.1% | +10.9% | +36.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Club Of Madrid Foundation Inc with a Mission Score of 85 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, Club Of Madrid Foundation Inc 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 53.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is a highly positive sign for a nonprofit of its size, suggesting a volunteer-led or extremely cost-efficient leadership structure.
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 Club Of Madrid Foundation Inc's IRS 990 filings:
- Significant year-over-year fluctuations in revenue and expenses, such as the drop from $912,000 revenue in 2012 to $484,000 in 2013, could indicate inconsistent funding sources or operational instability.
- Modest and fluctuating asset base, generally below $30,000 in recent years, suggests limited financial reserves for unexpected events or long-term investments.
Strengths
The following positive indicators were identified for Club Of Madrid Foundation Inc:
- Consistent reporting of 0% officer compensation across all filings demonstrates strong financial stewardship and a commitment to mission-focused spending.
- Expenses closely track revenues, indicating efficient utilization of incoming funds for operational purposes.
- Long and consistent filing history with the IRS (11 filings) demonstrates a commitment to transparency and regulatory compliance.
Frequently Asked Questions about Club Of Madrid Foundation Inc
Is Club Of Madrid Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Club Of Madrid Foundation Inc (EIN: 202013301) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Club Of Madrid Foundation Inc spend its money?
Club Of Madrid Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Club Of Madrid Foundation Inc tax-deductible?
Club Of Madrid Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202013301). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the specific breakdown of program activities funded by the organization?
The provided data indicates overall expenses but does not detail the specific programs or activities that these funds support. Further investigation into their annual reports or website would be needed to understand their program impact.
How does the organization manage its liabilities, which have consistently been around $7,000?
The organization consistently reports liabilities around $7,000 in recent years. While not high, understanding the nature of these liabilities (e.g., accounts payable, deferred revenue) would provide more insight into their financial management practices.
What caused the significant drop in assets from $226,966 in 2012 to $29,971 in 2013?
There was a substantial decrease in assets between 2012 and 2013, from $226,966 to $29,971. This significant change warrants further investigation to understand the underlying financial events or strategic decisions that led to such a reduction.
Filing History
IRS 990 filing history for Club Of Madrid Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Club Of Madrid Foundation Inc's revenue has declined by 74.6%, moving from $1.1M to $276K. Total assets decreased by 72.3% over the same period, from $48K to $13K. Total functional expenses fell by 73.7%, from $1.1M to $281K. In its most recent filing year (2021), Club Of Madrid Foundation Inc reported a deficit of $5K, with expenses exceeding revenue. The organization holds $7K in liabilities against $13K in assets (debt-to-asset ratio: 53.1%), resulting in net assets of $6K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $276K | $281K | $13K | $7K | — | View 990 |
| 2020 | $226K | $233K | $18K | $7K | — | View 990 |
| 2019 | $451K | $452K | $25K | $7K | — | View 990 |
| 2018 | $563K | $560K | $26K | $7K | — | View 990 |
| 2017 | $589K | $583K | $24K | $7K | — | View 990 |
| 2016 | $517K | $526K | $18K | $7K | — | View 990 |
| 2015 | $494K | $491K | $27K | $7K | — | View 990 |
| 2014 | $592K | $599K | $24K | $7K | — | View 990 |
| 2013 | $484K | $676K | $30K | $6K | — | View 990 |
| 2012 | $912K | $737K | $227K | $11K | — | View 990 |
| 2011 | $1.1M | $1.1M | $48K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $276K, expenses of $281K, and assets of $13K (revenue +22.1% year-over-year).
- 2020: Revenue of $226K, expenses of $233K, and assets of $18K (revenue -49.9% year-over-year).
- 2019: Revenue of $451K, expenses of $452K, and assets of $25K (revenue -19.9% year-over-year).
- 2018: Revenue of $563K, expenses of $560K, and assets of $26K (revenue -4.5% year-over-year).
- 2017: Revenue of $589K, expenses of $583K, and assets of $24K (revenue +14.1% year-over-year).
- 2016: Revenue of $517K, expenses of $526K, and assets of $18K (revenue +4.6% year-over-year).
- 2015: Revenue of $494K, expenses of $491K, and assets of $27K (revenue -16.6% year-over-year).
- 2014: Revenue of $592K, expenses of $599K, and assets of $24K (revenue +22.3% year-over-year).
- 2013: Revenue of $484K, expenses of $676K, and assets of $30K (revenue -46.9% year-over-year).
- 2012: Revenue of $912K, expenses of $737K, and assets of $227K (revenue -16.2% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $48K.
Data Sources and Methodology
This transparency report for Club Of Madrid Foundation 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.