Dr Martin Luther King Jr Awards Dinner Committee Inc
EIN: 522309142 · Annapolis, MD · NTEE: A84
| Metric | Value |
|---|---|
| Total Revenue | $86K |
| Total Expenses | $143K |
| Net Assets | $62K |
Is Dr Martin Luther King Jr Awards Dinner Committee Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Dr Martin Luther King Jr Awards Dinner Committee Inc
Dr Martin Luther King Jr Awards Dinner Committee Inc (EIN: 522309142) is a nonprofit organization based in Annapolis, MD, classified under NTEE code A84. The organization reported total revenue of $86K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dr Martin Luther King Jr Awards Dinner Committee Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dr Martin Luther King Jr Awards Dinner Committee Inc is a micro nonprofit that has been operating for 24 years, with 10 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 | $130K |
| Total Expenses | $143K |
| Surplus / Deficit | $-13,815 |
| Total Assets | $62K |
| Net Assets | $62K |
| Operating Margin | -10.7% |
| Months of Reserves | 5.2 months |
Financial Health Grade: B
In 2023, Dr Martin Luther King Jr Awards Dinner Committee Inc reported a deficit of $14K with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate).
Financial Trends
Over 10 years of filings (2011–2023), Dr Martin Luther King Jr Awards Dinner Committee Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.4% | +58.2% | -18.2% |
| 2022 | +337.8% | +459.9% | +51.2% |
| 2021 | -25.8% | -68.3% | +71.5% |
| 2020 | -15.7% | +13.6% | +71.9% |
| 2018 | +76.9% | +42.5% | +26.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Dr Martin Luther King Jr Awards Dinner Committee 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 Dr Martin Luther King Jr Awards Dinner Committee 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 $14K, with expenses exceeding revenue.
Frequently Asked Questions about Dr Martin Luther King Jr Awards Dinner Committee Inc
Is Dr Martin Luther King Jr Awards Dinner Committee Inc a legitimate charity?
Dr Martin Luther King Jr Awards Dinner Committee Inc (EIN: 522309142) is a registered tax-exempt nonprofit based in Maryland. It has 10 years of IRS 990 filings on record. Total revenue: $86K. No red flags identified. Financial health grade: B.
How does Dr Martin Luther King Jr Awards Dinner Committee Inc spend its money?
Dr Martin Luther King Jr Awards Dinner Committee Inc reported $86K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Dr Martin Luther King Jr Awards Dinner Committee Inc tax-deductible?
Dr Martin Luther King Jr Awards Dinner Committee Inc is registered as a tax-exempt nonprofit (EIN: 522309142). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Dr Martin Luther King Jr Awards Dinner Committee Inc located?
Dr Martin Luther King Jr Awards Dinner Committee Inc is headquartered in Annapolis, Maryland and files with the IRS under EIN 522309142. It is classified under NTEE code A84.
How many years of IRS 990 filings does Dr Martin Luther King Jr Awards Dinner Committee Inc have?
Dr Martin Luther King Jr Awards Dinner Committee Inc has 10 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 $86K in total revenue.
Filing History
IRS 990 filing history for Dr Martin Luther King Jr Awards Dinner Committee Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Dr Martin Luther King Jr Awards Dinner Committee Inc's revenue has grown by 49.9%, moving from $86K to $130K. Total assets increased by 134.4% over the same period, from $27K to $62K. Total functional expenses rose by 6%, from $135K to $143K. In its most recent filing year (2023), Dr Martin Luther King Jr Awards Dinner Committee Inc reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $130K | $143K | $62K | $0 | — | — |
| 2022 | $163K | $91K | $76K | $0 | — | View 990 |
| 2021 | $37K | $16K | $50K | $0 | — | View 990 |
| 2020 | $50K | $51K | $29K | $0 | — | — |
| 2018 | $59K | $45K | $17K | $0 | — | View 990 |
| 2016 | $34K | $32K | $14K | $25K | — | View 990 |
| 2015 | $53K | $46K | $16K | $32K | — | View 990 |
| 2013 | $55K | $96K | $15K | $47K | — | View 990 |
| 2012 | $35K | $47K | $9K | $0 | — | View 990 |
| 2011 | $86K | $135K | $27K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $130K, expenses of $143K, and assets of $62K (revenue -20.4% year-over-year).
- 2022: Revenue of $163K, expenses of $91K, and assets of $76K (revenue +337.8% year-over-year).
- 2021: Revenue of $37K, expenses of $16K, and assets of $50K (revenue -25.8% year-over-year).
- 2020: Revenue of $50K, expenses of $51K, and assets of $29K (revenue -15.7% year-over-year).
- 2018: Revenue of $59K, expenses of $45K, and assets of $17K (revenue +76.9% year-over-year).
- 2016: Revenue of $34K, expenses of $32K, and assets of $14K (revenue -37.1% year-over-year).
- 2015: Revenue of $53K, expenses of $46K, and assets of $16K (revenue -3.0% year-over-year).
- 2013: Revenue of $55K, expenses of $96K, and assets of $15K (revenue +57.9% year-over-year).
- 2012: Revenue of $35K, expenses of $47K, and assets of $9K (revenue -59.7% year-over-year).
- 2011: Revenue of $86K, expenses of $135K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dr Martin Luther King Jr Awards Dinner Committee Inc:
Data Sources and Methodology
This transparency report for Dr Martin Luther King Jr Awards Dinner Committee 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.