Cvpath Institute Inc
Cvpath Institute Inc consistently generates surpluses and has zero reported officer compensation.
EIN: 204903376 · Gaithersburg, MD · NTEE: H430 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $22.7M |
| Total Expenses | $10.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $15.9M |
| Transparency Score | 95/100 |
Is Cvpath Institute Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cvpath Institute Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cvpath Institute Inc
Cvpath Institute Inc (EIN: 204903376) is a nonprofit organization based in Gaithersburg, MD, classified under NTEE code H430. The organization reported total revenue of $22.7M and total assets of $23.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cvpath Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cvpath Institute Inc is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.5M |
| Total Expenses | $10.2M |
| Surplus / Deficit | +$295K |
| Total Assets | $22.5M |
| Total Liabilities | $6.7M |
| Net Assets | $15.9M |
| Operating Margin | 2.8% |
| Debt-to-Asset Ratio | 29.6% |
| Months of Reserves | 26.4 months |
Financial Health Grade: A
In 2023, Cvpath Institute Inc reported a surplus of $295K with revenue exceeding expenses, holds 26.4 months of operating reserves (strong position), has a debt-to-asset ratio of 29.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cvpath Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.6% | +3.6% | +8.2% |
| 2022 | -22.5% | -6.9% | +24.1% |
| 2021 | +25.7% | -11.3% | +5.9% |
| 2020 | +13.1% | +25.1% | +2.8% |
| 2019 | -4.4% | +10.1% | +6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Cvpath Institute Inc 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
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Cvpath Institute Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $295K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly unusual for an organization of its size, with revenues exceeding $10 million annually, and suggests a strong commitment to directing funds towards its mission.
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.
Strengths
The following positive indicators were identified for Cvpath Institute Inc:
- Consistent financial surpluses, with revenue exceeding expenses in most years (e.g., $10,519,461 revenue vs. $10,224,063 expenses in 2023).
- Significant asset growth, from $9,977,002 in 2014 to $22,505,172 in 2023, indicating strong financial management.
- Zero reported officer compensation across all 13 filings, demonstrating a strong commitment to mission-focused spending and high transparency.
- Stable and growing revenue streams, consistently above $8 million annually for the past decade.
- Low liabilities relative to assets, indicating a healthy balance sheet (e.g., $6,651,419 liabilities vs. $22,505,172 assets in 2023).
Frequently Asked Questions about Cvpath Institute Inc
Is Cvpath Institute Inc a legitimate charity?
Cvpath Institute Inc (EIN: 204903376) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $22.7M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Cvpath Institute Inc spend its money?
Cvpath Institute Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Cvpath Institute Inc tax-deductible?
Cvpath Institute Inc is registered as a tax-exempt nonprofit (EIN: 204903376). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cvpath Institute Inc CEO make?
Cvpath Institute Inc's highest-compensated officer earns $10 annually. The organization reported $22.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Cvpath Institute Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Cvpath Institute Inc is above average for NTEE category H430 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cvpath Institute Inc located?
Cvpath Institute Inc is headquartered in Gaithersburg, Maryland and files with the IRS under EIN 204903376. It is classified under NTEE code H430.
How many years of IRS 990 filings does Cvpath Institute Inc have?
Cvpath Institute 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 $22.7M in total revenue.
Is Cvpath Institute Inc a good charity?
Based on the provided financial data, Cvpath Institute Inc appears to be a very good charity. It consistently generates surpluses, has growing assets, and notably reports 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How has Cvpath Institute Inc's financial health changed over time?
Cvpath Institute Inc's financial health has consistently improved over time. Its assets have more than doubled from $9,977,002 in 2014 to $22,505,172 in 2023, and it has generally maintained a positive net income, with revenues exceeding expenses in most years.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, with 0% officer compensation reported across all 13 available filings. This suggests that officers are either volunteers or compensated through other means not reported as direct officer compensation on the 990, which is a significant positive for donor confidence.
Filing History
IRS 990 filing history for Cvpath Institute Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cvpath Institute Inc's revenue has grown by 49.7%, moving from $7.0M to $10.5M. Total assets increased by 194.2% over the same period, from $7.6M to $22.5M. Total functional expenses rose by 57.9%, from $6.5M to $10.2M. In its most recent filing year (2023), Cvpath Institute Inc reported a surplus of $295K, with revenue exceeding expenses. The organization holds $6.7M in liabilities against $22.5M in assets (debt-to-asset ratio: 29.6%), resulting in net assets of $15.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.5M | $10.2M | $22.5M | $6.7M | — | — |
| 2022 | $10.3M | $9.9M | $20.8M | $6.2M | — | View 990 |
| 2021 | $13.2M | $10.6M | $16.8M | $1.2M | — | View 990 |
| 2020 | $10.5M | $12.0M | $15.8M | $1.8M | — | — |
| 2019 | $9.3M | $9.6M | $15.4M | $1.1M | — | View 990 |
| 2018 | $9.7M | $8.7M | $14.4M | $861K | — | View 990 |
| 2017 | $8.6M | $7.8M | $13.8M | $620K | — | View 990 |
| 2016 | $7.9M | $7.2M | $13.5M | $1.7M | — | View 990 |
| 2015 | $9.9M | $8.1M | $12.0M | $1.1M | — | View 990 |
| 2014 | $8.4M | $7.2M | $10.0M | $649K | — | View 990 |
| 2013 | $8.4M | $6.7M | $8.7M | $473K | — | View 990 |
| 2012 | $5.2M | $6.0M | $7.4M | $842K | — | View 990 |
| 2011 | $7.0M | $6.5M | $7.6M | $477K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.5M, expenses of $10.2M, and assets of $22.5M (revenue +2.6% year-over-year).
- 2022: Revenue of $10.3M, expenses of $9.9M, and assets of $20.8M (revenue -22.5% year-over-year).
- 2021: Revenue of $13.2M, expenses of $10.6M, and assets of $16.8M (revenue +25.7% year-over-year).
- 2020: Revenue of $10.5M, expenses of $12.0M, and assets of $15.8M (revenue +13.1% year-over-year).
- 2019: Revenue of $9.3M, expenses of $9.6M, and assets of $15.4M (revenue -4.4% year-over-year).
- 2018: Revenue of $9.7M, expenses of $8.7M, and assets of $14.4M (revenue +12.5% year-over-year).
- 2017: Revenue of $8.6M, expenses of $7.8M, and assets of $13.8M (revenue +8.9% year-over-year).
- 2016: Revenue of $7.9M, expenses of $7.2M, and assets of $13.5M (revenue -19.8% year-over-year).
- 2015: Revenue of $9.9M, expenses of $8.1M, and assets of $12.0M (revenue +18.1% year-over-year).
- 2014: Revenue of $8.4M, expenses of $7.2M, and assets of $10.0M (revenue +-0.0% year-over-year).
- 2013: Revenue of $8.4M, expenses of $6.7M, and assets of $8.7M (revenue +59.9% year-over-year).
- 2012: Revenue of $5.2M, expenses of $6.0M, and assets of $7.4M (revenue -25.3% year-over-year).
- 2011: Revenue of $7.0M, expenses of $6.5M, and assets of $7.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cvpath Institute Inc:
Data Sources and Methodology
This transparency report for Cvpath Institute 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.