Commercial Drone Alliance
EIN: 812931755 · Washington, DC · NTEE: U01
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Net Assets | $-26,827 |
Is Commercial Drone Alliance Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Commercial Drone Alliance
Commercial Drone Alliance (EIN: 812931755) is a nonprofit organization based in Washington, DC, classified under NTEE code U01. The organization reported total revenue of $1.3M and total assets of $665K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Commercial Drone Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Commercial Drone Alliance is a mid-size nonprofit that has been operating for 8 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 35.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$239K |
| Total Assets | $293K |
| Total Liabilities | $320K |
| Net Assets | $-26,827 |
| Operating Margin | 15.8% |
| Debt-to-Asset Ratio | 109.1% |
| Months of Reserves | 2.8 months |
Financial Health Grade: B
In 2023, Commercial Drone Alliance reported a surplus of $239K with revenue exceeding expenses, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 109.1% (high leverage).
Financial Trends
Over 8 years of filings (2016–2023), Commercial Drone Alliance's revenue has grown at a compound annual growth rate (CAGR) of 35.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.3% | +39.1% | -38.0% |
| 2022 | +97.8% | +111.2% | +77.7% |
| 2021 | +26.0% | +8.4% | -13.1% |
| 2020 | +0.6% | +26.4% | +99.4% |
| 2019 | +77.5% | +2.2% | +59.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Commercial Drone Alliance 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 Commercial Drone Alliance 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 $239K, with revenue exceeding expenses.
- Debt-to-asset ratio: 109.1%.
Frequently Asked Questions about Commercial Drone Alliance
Is Commercial Drone Alliance a legitimate charity?
Commercial Drone Alliance (EIN: 812931755) is a registered tax-exempt nonprofit based in Washington DC. It has 8 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: B.
How does Commercial Drone Alliance spend its money?
Commercial Drone Alliance reported $1.3M in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Commercial Drone Alliance tax-deductible?
Commercial Drone Alliance is registered as a tax-exempt nonprofit (EIN: 812931755). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Commercial Drone Alliance located?
Commercial Drone Alliance is headquartered in Washington, Washington DC and files with the IRS under EIN 812931755. It is classified under NTEE code U01.
How many years of IRS 990 filings does Commercial Drone Alliance have?
Commercial Drone Alliance has 8 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Commercial Drone Alliance showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Commercial Drone Alliance's revenue has grown by 720.3%, moving from $185K to $1.5M. Total assets increased by 139.6% over the same period, from $122K to $293K. Total functional expenses rose by 621.6%, from $177K to $1.3M. In its most recent filing year (2023), Commercial Drone Alliance reported a surplus of $239K, with revenue exceeding expenses. The organization holds $320K in liabilities against $293K in assets (debt-to-asset ratio: 109.1%), resulting in net assets of $-26,827.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.3M | $293K | $320K | — | — |
| 2022 | $1.1M | $920K | $473K | $241K | — | View 990 |
| 2021 | $536K | $436K | $266K | $179K | — | View 990 |
| 2020 | $425K | $402K | $307K | $297K | — | View 990 |
| 2019 | $423K | $318K | $154K | $153K | — | View 990 |
| 2018 | $238K | $311K | $97K | $201K | — | View 990 |
| 2017 | $268K | $307K | $88K | $120K | — | View 990 |
| 2016 | $185K | $177K | $122K | $115K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.3M, and assets of $293K (revenue +43.3% year-over-year).
- 2022: Revenue of $1.1M, expenses of $920K, and assets of $473K (revenue +97.8% year-over-year).
- 2021: Revenue of $536K, expenses of $436K, and assets of $266K (revenue +26.0% year-over-year).
- 2020: Revenue of $425K, expenses of $402K, and assets of $307K (revenue +0.6% year-over-year).
- 2019: Revenue of $423K, expenses of $318K, and assets of $154K (revenue +77.5% year-over-year).
- 2018: Revenue of $238K, expenses of $311K, and assets of $97K (revenue -11.1% year-over-year).
- 2017: Revenue of $268K, expenses of $307K, and assets of $88K (revenue +44.8% year-over-year).
- 2016: Revenue of $185K, expenses of $177K, and assets of $122K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Commercial Drone Alliance:
Data Sources and Methodology
This transparency report for Commercial Drone Alliance 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.