Community Concerts At Second

Community Concerts At Second maintains strong asset growth and zero liabilities with no officer compensation.

EIN: 202490268 · Baltimore, MD · NTEE: A68 · Updated: 2026-03-28

$169KRevenue
$456KAssets
95/100Mission Score (Excellent)
A68
Community Concerts At Second Financial Summary
MetricValue
Total Revenue$169K
Total Expenses$181K
Program Spending90%
Net Assets$456K
Transparency Score95/100

Is Community Concerts At Second Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Community Concerts At Second directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Community Concerts At Second

Community Concerts At Second (EIN: 202490268) is a nonprofit organization based in Baltimore, MD, classified under NTEE code A68. The organization reported total revenue of $169K and total assets of $456K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Concerts At Second's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
14Years of Filings
MixedRevenue Trajectory

Community Concerts At Second is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.3%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$169K
Total Expenses$181K
Surplus / Deficit$-11,825
Total Assets$456K
Net Assets$456K
Operating Margin-7.0%
Months of Reserves30.3 months

Financial Health Grade: B

In 2024, Community Concerts At Second reported a deficit of $12K with expenses exceeding revenue, holds 30.3 months of operating reserves (strong position).

Financial Trends

Over 14 years of filings (2011–2024), Community Concerts At Second's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.

YearRevenue ChangeExpense ChangeAsset Change
2024-9.1%+18.0%+7.5%
2023-0.2%+0.3%+14.2%
2022+85.6%+19.5%-12.6%
2021-14.7%+6.8%+15.5%
2020-25.6%-26.1%-1.4%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Community Concerts At Second demonstrates consistent financial stability and a strong commitment to its mission. Over the past five years, the organization has maintained an average annual revenue of approximately $151,833 and average expenses of $146,839, indicating a generally balanced budget. Their latest filing (Period 202406) shows total assets of $455,914 and zero liabilities, which is a very strong indicator of financial health and responsible management. The absence of liabilities across multiple recent filings suggests excellent fiscal discipline. The organization's spending efficiency is commendable, particularly given that 0% of its expenses are allocated to officer compensation, as reported in all available filings. This suggests that resources are primarily directed towards program delivery and operational needs rather than executive salaries. While specific program spending percentages are not detailed in the provided data, the overall financial picture points to an organization that effectively manages its resources to deliver its mission. Their consistent growth in assets, from $367,661 in 2015 to $455,914 in 2024, further reinforces their sound financial management. Transparency is high, with 14 filings available, demonstrating a consistent commitment to public disclosure. The clear reporting of zero liabilities in recent years and the absence of officer compensation contribute significantly to their transparent financial practices. This level of detail allows for a clear understanding of their financial operations and resource allocation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Community Concerts At Second with a Mission Score of 95 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

According to IRS 990 filings, Community Concerts At Second allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$169KTotal Revenue
$181KTotal Expenses
$456KTotal Assets
$456KNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization of its size and suggests a very lean operational model.

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 Community Concerts At Second's IRS 990 filings:

Strengths

The following positive indicators were identified for Community Concerts At Second:

Frequently Asked Questions about Community Concerts At Second

Is Community Concerts At Second a legitimate charity?

Based on AI analysis of IRS 990 filings, Community Concerts At Second (EIN: 202490268) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

How does Community Concerts At Second spend its money?

Community Concerts At Second directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Community Concerts At Second tax-deductible?

Community Concerts At Second is registered as a tax-exempt nonprofit (EIN: 202490268). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Community Concerts At Second compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Community Concerts At Second is above average for NTEE category A68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Community Concerts At Second located?

Community Concerts At Second is headquartered in Baltimore, Maryland and files with the IRS under EIN 202490268. It is classified under NTEE code A68.

How many years of IRS 990 filings does Community Concerts At Second have?

Community Concerts At Second has 14 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 $169K in total revenue.

Is Community Concerts At Second a good charity?

Based on the available financial data, Community Concerts At Second appears to be a very good charity. They demonstrate strong financial health with growing assets and zero liabilities, consistent revenue, and a remarkable commitment to directing funds towards their mission by reporting 0% officer compensation.

How does Community Concerts At Second manage its expenses?

The organization manages its expenses very efficiently. For example, in Period 202406, expenses were $180,796 against revenues of $168,971, showing a slight deficit, but this is balanced by surpluses in previous years (e.g., 202306: revenue $185,924, expenses $153,156). Crucially, 0% of expenses are allocated to officer compensation, indicating a strong focus on program delivery and minimal administrative overhead.

What is the trend in Community Concerts At Second's assets?

Community Concerts At Second shows a consistent positive trend in assets, growing from $367,661 in 2015 to $455,914 in 2024. This indicates sound financial management and an ability to build reserves over time, enhancing long-term stability.

Filing History

IRS 990 filing history for Community Concerts At Second showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Community Concerts At Second's revenue has grown by 73.2%, moving from $98K to $169K. Total assets increased by 81.9% over the same period, from $251K to $456K. Total functional expenses rose by 71.9%, from $105K to $181K. In its most recent filing year (2024), Community Concerts At Second reported a deficit of $12K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $169K $181K $456K $0
2023 $186K $153K $424K $0 View 990
2022 $186K $153K $371K $0 View 990
2021 $100K $128K $425K $0 View 990
2020 $118K $120K $368K $0 View 990
2019 $158K $162K $373K $3K
2018 $141K $144K $376K $4K View 990
2017 $116K $129K $354K $5K View 990
2016 $109K $122K $339K $2K View 990
2015 $101K $110K $368K $24K View 990
2014 $111K $113K $347K $15K View 990
2013 $119K $111K $307K $9K View 990
2012 $153K $130K $274K $8K View 990
2011 $98K $105K $251K $7K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Community Concerts At Second:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Community Concerts At Second 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.

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