Council On Economic Education In Maryland
EIN: 520743956 · Towson, MD
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $620K |
| Net Assets | $799K |
Is Council On Economic Education In Maryland Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Council On Economic Education In Maryland
Council On Economic Education In Maryland (EIN: 520743956) is a nonprofit organization based in Towson, MD. The organization reported total revenue of $1.0M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Council On Economic Education In Maryland's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Council On Economic Education In Maryland is a mid-size nonprofit that has been operating for 65 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $596K |
| Total Expenses | $620K |
| Surplus / Deficit | $-24,435 |
| Total Assets | $799K |
| Net Assets | $799K |
| Operating Margin | -4.1% |
| Months of Reserves | 15.5 months |
Financial Health Grade: B
In 2023, Council On Economic Education In Maryland reported a deficit of $24K with expenses exceeding revenue, holds 15.5 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Council On Economic Education In Maryland's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +-0.0% | +26.1% | +0.1% |
| 2022 | +29.6% | +33.4% | +7.9% |
| 2021 | +10.1% | -3.0% | +14.0% |
| 2020 | -34.3% | -38.6% | +5.9% |
| 2019 | +21.1% | +2.4% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1961 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Council On Economic Education In Maryland 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 Council On Economic Education In Maryland 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 $24K, with expenses exceeding revenue.
Frequently Asked Questions about Council On Economic Education In Maryland
Is Council On Economic Education In Maryland a legitimate charity?
Council On Economic Education In Maryland (EIN: 520743956) is a registered tax-exempt nonprofit based in Maryland. It has 12 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. Financial health grade: B.
How does Council On Economic Education In Maryland spend its money?
Council On Economic Education In Maryland reported $1.0M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Council On Economic Education In Maryland tax-deductible?
Council On Economic Education In Maryland is registered as a tax-exempt nonprofit (EIN: 520743956). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Council On Economic Education In Maryland located?
Council On Economic Education In Maryland is headquartered in Towson, Maryland and files with the IRS under EIN 520743956.
How many years of IRS 990 filings does Council On Economic Education In Maryland have?
Council On Economic Education In Maryland has 12 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Council On Economic Education In Maryland showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Council On Economic Education In Maryland's revenue has declined by 13.7%, moving from $691K to $596K. Total assets decreased by 13.8% over the same period, from $928K to $799K. Total functional expenses fell by 1.6%, from $631K to $620K. In its most recent filing year (2023), Council On Economic Education In Maryland reported a deficit of $24K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $596K | $620K | $799K | $0 | — | View 990 |
| 2022 | $596K | $492K | $798K | $2K | — | View 990 |
| 2021 | $460K | $369K | $739K | $0 | — | — |
| 2020 | $418K | $380K | $648K | $114 | — | View 990 |
| 2019 | $636K | $620K | $612K | $34K | — | View 990 |
| 2018 | $525K | $606K | $591K | $29K | — | View 990 |
| 2017 | $621K | $672K | $735K | $93K | — | View 990 |
| 2016 | $636K | $714K | $785K | $91K | — | View 990 |
| 2015 | $639K | $778K | $850K | $78K | — | View 990 |
| 2014 | $652K | $643K | $986K | $75K | — | View 990 |
| 2013 | $614K | $603K | $992K | $91K | — | View 990 |
| 2012 | $691K | $631K | $928K | $37K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $596K, expenses of $620K, and assets of $799K (revenue +-0.0% year-over-year).
- 2022: Revenue of $596K, expenses of $492K, and assets of $798K (revenue +29.6% year-over-year).
- 2021: Revenue of $460K, expenses of $369K, and assets of $739K (revenue +10.1% year-over-year).
- 2020: Revenue of $418K, expenses of $380K, and assets of $648K (revenue -34.3% year-over-year).
- 2019: Revenue of $636K, expenses of $620K, and assets of $612K (revenue +21.1% year-over-year).
- 2018: Revenue of $525K, expenses of $606K, and assets of $591K (revenue -15.5% year-over-year).
- 2017: Revenue of $621K, expenses of $672K, and assets of $735K (revenue -2.3% year-over-year).
- 2016: Revenue of $636K, expenses of $714K, and assets of $785K (revenue -0.4% year-over-year).
- 2015: Revenue of $639K, expenses of $778K, and assets of $850K (revenue -2.1% year-over-year).
- 2014: Revenue of $652K, expenses of $643K, and assets of $986K (revenue +6.2% year-over-year).
- 2013: Revenue of $614K, expenses of $603K, and assets of $992K (revenue -11.1% year-over-year).
- 2012: Revenue of $691K, expenses of $631K, and assets of $928K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Council On Economic Education In Maryland:
Data Sources and Methodology
This transparency report for Council On Economic Education In Maryland 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.