Congressional Education Foundation Inc
EIN: 521881508 · Shepherdstown, WV · NTEE: B70
| Metric | Value |
|---|---|
| Total Revenue | $102K |
| Total Expenses | $198K |
| Net Assets | $163K |
Is Congressional Education Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Congressional Education Foundation Inc
Congressional Education Foundation Inc (EIN: 521881508) is a nonprofit organization based in Shepherdstown, WV, classified under NTEE code B70. The organization reported total revenue of $102K and total assets of $68K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Congressional Education Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Congressional Education Foundation Inc is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $115K |
| Total Expenses | $198K |
| Surplus / Deficit | $-83,393 |
| Total Assets | $168K |
| Total Liabilities | $5K |
| Net Assets | $163K |
| Operating Margin | -72.8% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 10.2 months |
Financial Health Grade: B
In 2023, Congressional Education Foundation Inc reported a deficit of $83K with expenses exceeding revenue, holds 10.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Congressional Education Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.1% | +2.6% | -34.4% |
| 2022 | -69.6% | -1.7% | -27.6% |
| 2021 | +101.4% | -23.5% | +56.4% |
| 2020 | +53.4% | +6.8% | -29.2% |
| 2019 | +115.1% | -26.8% | -34.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Congressional Education Foundation 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 Congressional Education Foundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $83K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.7%.
Frequently Asked Questions about Congressional Education Foundation Inc
Is Congressional Education Foundation Inc a legitimate charity?
Congressional Education Foundation Inc (EIN: 521881508) is a registered tax-exempt nonprofit based in West Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $102K. No red flags identified. Financial health grade: B.
How does Congressional Education Foundation Inc spend its money?
Congressional Education Foundation Inc reported $102K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Congressional Education Foundation Inc tax-deductible?
Congressional Education Foundation Inc is registered as a tax-exempt nonprofit (EIN: 521881508). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Congressional Education Foundation Inc located?
Congressional Education Foundation Inc is headquartered in Shepherdstown, West Virginia and files with the IRS under EIN 521881508. It is classified under NTEE code B70.
How many years of IRS 990 filings does Congressional Education Foundation Inc have?
Congressional Education Foundation Inc has 13 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 $102K in total revenue.
Filing History
IRS 990 filing history for Congressional Education Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Congressional Education Foundation Inc's revenue has declined by 62%, moving from $302K to $115K. Total assets decreased by 94.9% over the same period, from $3.3M to $168K. Total functional expenses fell by 52.9%, from $421K to $198K. In its most recent filing year (2023), Congressional Education Foundation Inc reported a deficit of $83K, with expenses exceeding revenue. The organization holds $5K in liabilities against $168K in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $163K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $115K | $198K | $168K | $5K | — | — |
| 2022 | $98K | $193K | $255K | $9K | — | View 990 |
| 2021 | $322K | $196K | $353K | $11K | — | View 990 |
| 2020 | $160K | $256K | $226K | $10K | — | View 990 |
| 2019 | $104K | $240K | $319K | $6K | — | View 990 |
| 2018 | $48K | $328K | $486K | $38K | — | View 990 |
| 2017 | $27K | $451K | $771K | $43K | — | View 990 |
| 2016 | $132K | $458K | $1.2M | $48K | — | View 990 |
| 2015 | $105K | $443K | $1.6M | $54K | — | View 990 |
| 2014 | $109K | $427K | $2.1M | $61K | — | View 990 |
| 2013 | $156K | $383K | $2.5M | $46K | — | View 990 |
| 2012 | $130K | $436K | $2.8M | $52K | — | View 990 |
| 2011 | $302K | $421K | $3.3M | $67K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $115K, expenses of $198K, and assets of $168K (revenue +17.1% year-over-year).
- 2022: Revenue of $98K, expenses of $193K, and assets of $255K (revenue -69.6% year-over-year).
- 2021: Revenue of $322K, expenses of $196K, and assets of $353K (revenue +101.4% year-over-year).
- 2020: Revenue of $160K, expenses of $256K, and assets of $226K (revenue +53.4% year-over-year).
- 2019: Revenue of $104K, expenses of $240K, and assets of $319K (revenue +115.1% year-over-year).
- 2018: Revenue of $48K, expenses of $328K, and assets of $486K (revenue +76.7% year-over-year).
- 2017: Revenue of $27K, expenses of $451K, and assets of $771K (revenue -79.2% year-over-year).
- 2016: Revenue of $132K, expenses of $458K, and assets of $1.2M (revenue +25.4% year-over-year).
- 2015: Revenue of $105K, expenses of $443K, and assets of $1.6M (revenue -3.3% year-over-year).
- 2014: Revenue of $109K, expenses of $427K, and assets of $2.1M (revenue -30.1% year-over-year).
- 2013: Revenue of $156K, expenses of $383K, and assets of $2.5M (revenue +20.2% year-over-year).
- 2012: Revenue of $130K, expenses of $436K, and assets of $2.8M (revenue -57.1% year-over-year).
- 2011: Revenue of $302K, expenses of $421K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Congressional Education Foundation Inc:
Data Sources and Methodology
This transparency report for Congressional Education 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.