E Squared Cigar Lounge
EIN: 823708312 · Wilmington, DE · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $312K |
| Total Expenses | $192K |
| Net Assets | $10K |
Is E Squared Cigar Lounge Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About E Squared Cigar Lounge
E Squared Cigar Lounge (EIN: 823708312) is a nonprofit organization based in Wilmington, DE, classified under NTEE code N50. The organization reported total revenue of $312K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of E Squared Cigar Lounge's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
E Squared Cigar Lounge is a small nonprofit that has been operating for 8 years, with 4 years of IRS 990 filings on record (2019–2022). Revenue has grown at a compound annual rate of 56.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $216K |
| Total Expenses | $192K |
| Surplus / Deficit | +$24K |
| Total Assets | $14K |
| Total Liabilities | $5K |
| Net Assets | $10K |
| Operating Margin | 11.2% |
| Debt-to-Asset Ratio | 31.8% |
| Months of Reserves | 0.9 months |
Financial Health Grade: A
In 2022, E Squared Cigar Lounge reported a surplus of $24K with revenue exceeding expenses, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 31.8% (moderate leverage).
Financial Trends
Over 4 years of filings (2019–2022), E Squared Cigar Lounge's revenue has grown at a compound annual growth rate (CAGR) of 56.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +11.4% | +15.2% | -25.1% |
| 2021 | +108.0% | +72.6% | -83.7% |
| 2020 | +64.4% | +42.3% | +16.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for E Squared Cigar Lounge 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 E Squared Cigar Lounge 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.8%.
Frequently Asked Questions about E Squared Cigar Lounge
Is E Squared Cigar Lounge a legitimate charity?
E Squared Cigar Lounge (EIN: 823708312) is a registered tax-exempt nonprofit based in Delaware. It has 4 years of IRS 990 filings on record. Total revenue: $312K. No red flags identified. Financial health grade: A.
How does E Squared Cigar Lounge spend its money?
E Squared Cigar Lounge reported $312K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to E Squared Cigar Lounge tax-deductible?
E Squared Cigar Lounge is registered as a tax-exempt nonprofit (EIN: 823708312). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is E Squared Cigar Lounge located?
E Squared Cigar Lounge is headquartered in Wilmington, Delaware and files with the IRS under EIN 823708312. It is classified under NTEE code N50.
How many years of IRS 990 filings does E Squared Cigar Lounge have?
E Squared Cigar Lounge has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $312K in total revenue.
Filing History
IRS 990 filing history for E Squared Cigar Lounge showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2022), E Squared Cigar Lounge's revenue has grown by 281.2%, moving from $57K to $216K. Total assets decreased by 85.8% over the same period, from $100K to $14K. Total functional expenses rose by 183%, from $68K to $192K. In its most recent filing year (2022), E Squared Cigar Lounge reported a surplus of $24K, with revenue exceeding expenses. The organization holds $5K in liabilities against $14K in assets (debt-to-asset ratio: 31.8%), resulting in net assets of $10K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $216K | $192K | $14K | $5K | — | View 990 |
| 2021 | $194K | $167K | $19K | $0 | — | View 990 |
| 2020 | $93K | $97K | $116K | $116K | — | — |
| 2019 | $57K | $68K | $100K | $96K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $216K, expenses of $192K, and assets of $14K (revenue +11.4% year-over-year).
- 2021: Revenue of $194K, expenses of $167K, and assets of $19K (revenue +108.0% year-over-year).
- 2020: Revenue of $93K, expenses of $97K, and assets of $116K (revenue +64.4% year-over-year).
- 2019: Revenue of $57K, expenses of $68K, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for E Squared Cigar Lounge:
Data Sources and Methodology
This transparency report for E Squared Cigar Lounge 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.