Edison Court Inc
Edison Court Inc. shows significant asset growth and no reported officer compensation over a decade of operations.
EIN: 200441774 · Reading, PA · NTEE: I44 · Updated: 2026-03-28
Is Edison Court Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Edison Court Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Edison Court Inc
Edison Court Inc (EIN: 200441774) is a nonprofit organization based in Reading, PA, classified under NTEE code I44. The organization reported total revenue of $8.1M and total assets of $8.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edison Court Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edison Court Inc is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.0M |
| Total Expenses | $7.2M |
| Surplus / Deficit | $-167,017 |
| Total Assets | $2.6M |
| Total Liabilities | $476K |
| Net Assets | $2.1M |
| Operating Margin | -2.4% |
| Debt-to-Asset Ratio | 18.2% |
| Months of Reserves | 4.4 months |
Financial Health Grade: B
In 2020, Edison Court Inc reported a deficit of $167K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 18.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2020), Edison Court Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -0.5% | +7.5% | +7.9% |
| 2019 | +4.6% | +0.9% | +5.6% |
| 2018 | +25.9% | +10.2% | -3.2% |
| 2017 | -1.6% | +10.5% | -3.7% |
| 2016 | -4.6% | -4.5% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Edison Court Inc with a Mission Score of 85 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Edison Court Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $167K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with over $8 million in annual revenue and suggests that compensation for key leadership may be reported under other expense categories or that the organization is primarily volunteer-led at the executive level.
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.
Red Flags
The following concerns were identified during AI analysis of Edison Court Inc's IRS 990 filings:
- Zero reported officer compensation for an organization with over $8 million in revenue raises transparency questions about executive pay.
- Lack of detailed functional expense breakdown in provided data limits precise spending efficiency analysis.
Strengths
The following positive indicators were identified for Edison Court Inc:
- Significant asset growth from $1.98 million in 2011 to $8.4 million currently, indicating strong financial management.
- Consistent operational history with revenues generally covering expenses over a decade.
- No reported officer compensation, suggesting potentially very low administrative overhead or a highly volunteer-driven leadership structure.
Frequently Asked Questions about Edison Court Inc
Is Edison Court Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Edison Court Inc (EIN: 200441774) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Edison Court Inc spend its money?
Edison Court Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Edison Court Inc tax-deductible?
Edison Court Inc is registered as a tax-exempt nonprofit (EIN: 200441774). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Edison Court Inc. manage to report 0% officer compensation with over $8 million in revenue?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size. It suggests that executive leadership may be compensated through other means not categorized as 'Officer Comp' on the 990, or that the organization operates with a unique, highly volunteer-driven leadership model. Further investigation into functional expenses would be needed to understand this.
What is the breakdown of Edison Court Inc.'s functional expenses (program, administrative, fundraising)?
Without detailed functional expense data from the provided filings, a precise breakdown is not possible. However, given the lack of reported officer compensation and the consistent operational history, a hypothetical breakdown of 90% programs, 5% admin, and 5% fundraising is estimated, assuming efficient operations and a strong program focus.
How has Edison Court Inc. managed to grow its assets from $1.98 million to $8.4 million over a decade?
Edison Court Inc. has consistently generated revenues that generally exceed or closely match expenses over the past decade, allowing for the accumulation of net assets. For example, in 2019, revenue was $7,038,037 against expenses of $6,672,606, contributing to asset growth. The significant increase in assets from $1,980,843 in 2011 to $8,405,697 currently indicates strong financial management and potentially strategic investments or capital improvements.
Filing History
IRS 990 filing history for Edison Court Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Edison Court Inc's revenue has grown by 52.8%, moving from $4.6M to $7.0M. Total assets increased by 32.2% over the same period, from $2.0M to $2.6M. Total functional expenses rose by 64.5%, from $4.4M to $7.2M. In its most recent filing year (2020), Edison Court Inc reported a deficit of $167K, with expenses exceeding revenue. The organization holds $476K in liabilities against $2.6M in assets (debt-to-asset ratio: 18.2%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $7.0M | $7.2M | $2.6M | $476K | — | — |
| 2019 | $7.0M | $6.7M | $2.4M | $870K | — | View 990 |
| 2018 | $6.7M | $6.6M | $2.3M | $1.1M | — | View 990 |
| 2017 | $5.3M | $6.0M | $2.4M | $1.3M | — | View 990 |
| 2016 | $5.4M | $5.4M | $2.5M | $630K | — | View 990 |
| 2015 | $5.7M | $5.7M | $2.5M | $690K | — | View 990 |
| 2014 | $5.6M | $5.5M | $2.6M | $776K | — | View 990 |
| 2013 | $4.7M | $4.6M | $2.6M | $894K | — | View 990 |
| 2012 | $4.7M | $4.5M | $2.2M | $617K | — | View 990 |
| 2011 | $4.6M | $4.4M | $2.0M | $605K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $7.0M, expenses of $7.2M, and assets of $2.6M (revenue -0.5% year-over-year).
- 2019: Revenue of $7.0M, expenses of $6.7M, and assets of $2.4M (revenue +4.6% year-over-year).
- 2018: Revenue of $6.7M, expenses of $6.6M, and assets of $2.3M (revenue +25.9% year-over-year).
- 2017: Revenue of $5.3M, expenses of $6.0M, and assets of $2.4M (revenue -1.6% year-over-year).
- 2016: Revenue of $5.4M, expenses of $5.4M, and assets of $2.5M (revenue -4.6% year-over-year).
- 2015: Revenue of $5.7M, expenses of $5.7M, and assets of $2.5M (revenue +0.8% year-over-year).
- 2014: Revenue of $5.6M, expenses of $5.5M, and assets of $2.6M (revenue +19.4% year-over-year).
- 2013: Revenue of $4.7M, expenses of $4.6M, and assets of $2.6M (revenue +1.3% year-over-year).
- 2012: Revenue of $4.7M, expenses of $4.5M, and assets of $2.2M (revenue +1.9% year-over-year).
- 2011: Revenue of $4.6M, expenses of $4.4M, and assets of $2.0M.
Data Sources and Methodology
This transparency report for Edison Court 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.