Democracy A Journal Of Ideas Inc
Democracy A Journal Of Ideas Inc shows strong financial growth and zero officer compensation in recent filings.
EIN: 203685508 · Washington, DC · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $515K |
| Total Expenses | $589K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $834,549. |
| Net Assets | $890K |
| Transparency Score | 90/100 |
Is Democracy A Journal Of Ideas Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Democracy A Journal Of Ideas Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Democracy A Journal Of Ideas Inc
Democracy A Journal Of Ideas Inc (EIN: 203685508) is a nonprofit organization based in Washington, DC, classified under NTEE code B60. The organization reported total revenue of $515K and total assets of $607K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Democracy A Journal Of Ideas Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Democracy A Journal Of Ideas Inc is a small nonprofit that has been operating for 6 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $835K |
| Total Expenses | $589K |
| Surplus / Deficit | +$246K |
| Total Assets | $890K |
| Net Assets | $890K |
| Operating Margin | 29.4% |
| Months of Reserves | 18.1 months |
Financial Health Grade: A
In 2023, Democracy A Journal Of Ideas Inc reported a surplus of $246K with revenue exceeding expenses, holds 18.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Democracy A Journal Of Ideas Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.1% | +20.6% | +34.4% |
| 2022 | -14.9% | +3.2% | +15.5% |
| 2021 | +12.7% | -0.7% | +52.4% |
| 2020 | +31.9% | -3.4% | +2.1% |
| 2019 | -22.4% | +17.1% | -9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
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 Democracy A Journal Of Ideas Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Democracy A Journal Of Ideas Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $246K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 available filings, indicating that no salaries are paid to its officers, directors, trustees, or key employees, which is highly commendable for an organization of its size with latest revenue of $834,549.
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 Democracy A Journal Of Ideas Inc:
- Strong financial growth, with revenue increasing from $514,968 to $834,549 and assets growing to $890,220 in the latest filing (202312).
- Consistent reporting of 0% officer compensation across all 13 available IRS 990 filings, indicating high efficiency and dedication of resources to mission.
- Positive net assets and zero liabilities in the latest filing (202312), demonstrating excellent financial stability.
- Revenue consistently exceeding expenses in most recent years (e.g., 2023, 2022, 2021, 2020), leading to asset accumulation.
- Healthy asset base of $890,220, providing a strong financial foundation for future operations.
Frequently Asked Questions about Democracy A Journal Of Ideas Inc
Is Democracy A Journal Of Ideas Inc a legitimate charity?
Democracy A Journal Of Ideas Inc (EIN: 203685508) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $515K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Democracy A Journal Of Ideas Inc spend its money?
Democracy A Journal Of Ideas Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Democracy A Journal Of Ideas Inc tax-deductible?
Democracy A Journal Of Ideas Inc is registered as a tax-exempt nonprofit (EIN: 203685508). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Democracy A Journal Of Ideas Inc CEO make?
Democracy A Journal Of Ideas Inc's highest-compensated officer earns $834,549. annually. The organization reported $515K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Democracy A Journal Of Ideas Inc's spending goes to programs?
Democracy A Journal Of Ideas Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Democracy A Journal Of Ideas Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Democracy A Journal Of Ideas Inc is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Democracy A Journal Of Ideas Inc located?
Democracy A Journal Of Ideas Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 203685508. It is classified under NTEE code B60.
How many years of IRS 990 filings does Democracy A Journal Of Ideas Inc have?
Democracy A Journal Of Ideas 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 $515K in total revenue.
Is Democracy A Journal Of Ideas Inc a good charity?
Based on the available financial data, Democracy A Journal Of Ideas Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and a remarkable commitment to efficiency by reporting 0% officer compensation across all filings.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with significant revenue growth from $498,491 in 2014 to $834,549 in 2023, and assets increasing from $315,054 to $890,220 over the same period. There were some periods of expense exceeding revenue (e.g., 2019, 2017, 2015), but the overall trend is positive.
What is the organization's approach to executive compensation?
Democracy A Journal Of Ideas Inc has a highly efficient approach to executive compensation, consistently reporting 0% compensation for officers, directors, trustees, and key employees in all available IRS 990 filings. This indicates that leadership roles are likely voluntary or compensated through other means not reported as officer compensation, maximizing funds for programs.
Filing History
IRS 990 filing history for Democracy A Journal Of Ideas Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Democracy A Journal Of Ideas Inc's revenue has grown by 127.8%, moving from $366K to $835K. Total assets increased by 478.2% over the same period, from $154K to $890K. Total functional expenses rose by 28.5%, from $458K to $589K. In its most recent filing year (2023), Democracy A Journal Of Ideas Inc reported a surplus of $246K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $835K | $589K | $890K | $0 | — | — |
| 2022 | $568K | $488K | $662K | $18K | — | View 990 |
| 2021 | $667K | $473K | $573K | $8K | — | View 990 |
| 2020 | $592K | $476K | $376K | $1K | — | — |
| 2019 | $449K | $493K | $368K | $7K | — | View 990 |
| 2018 | $578K | $421K | $406K | $534 | — | View 990 |
| 2017 | $214K | $385K | $249K | $446 | — | View 990 |
| 2016 | $603K | $432K | $419K | $0 | — | View 990 |
| 2015 | $395K | $462K | $248K | $0 | — | View 990 |
| 2014 | $498K | $396K | $315K | $0 | — | View 990 |
| 2013 | $387K | $391K | $204K | $0 | — | View 990 |
| 2012 | $421K | $377K | $200K | $0 | — | View 990 |
| 2011 | $366K | $458K | $154K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $835K, expenses of $589K, and assets of $890K (revenue +47.1% year-over-year).
- 2022: Revenue of $568K, expenses of $488K, and assets of $662K (revenue -14.9% year-over-year).
- 2021: Revenue of $667K, expenses of $473K, and assets of $573K (revenue +12.7% year-over-year).
- 2020: Revenue of $592K, expenses of $476K, and assets of $376K (revenue +31.9% year-over-year).
- 2019: Revenue of $449K, expenses of $493K, and assets of $368K (revenue -22.4% year-over-year).
- 2018: Revenue of $578K, expenses of $421K, and assets of $406K (revenue +170.2% year-over-year).
- 2017: Revenue of $214K, expenses of $385K, and assets of $249K (revenue -64.5% year-over-year).
- 2016: Revenue of $603K, expenses of $432K, and assets of $419K (revenue +52.5% year-over-year).
- 2015: Revenue of $395K, expenses of $462K, and assets of $248K (revenue -20.7% year-over-year).
- 2014: Revenue of $498K, expenses of $396K, and assets of $315K (revenue +28.9% year-over-year).
- 2013: Revenue of $387K, expenses of $391K, and assets of $204K (revenue -8.0% year-over-year).
- 2012: Revenue of $421K, expenses of $377K, and assets of $200K (revenue +14.8% year-over-year).
- 2011: Revenue of $366K, expenses of $458K, and assets of $154K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Democracy A Journal Of Ideas Inc:
Data Sources and Methodology
This transparency report for Democracy A Journal Of Ideas 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.