Electrify Dc
EIN: 923933459 · Washington, DC · NTEE: B02
| Metric | Value |
|---|---|
| Total Revenue | $456K |
| Total Expenses | $5K |
| Net Assets | $23K |
Is Electrify Dc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Electrify Dc
Electrify Dc (EIN: 923933459) is a nonprofit organization based in Washington, DC, classified under NTEE code B02. The organization reported total revenue of $456K and total assets of $101K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Electrify Dc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Electrify Dc is a small nonprofit that has been operating for 3 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $5K |
| Surplus / Deficit | +$23K |
| Total Assets | $373K |
| Total Liabilities | $350K |
| Net Assets | $23K |
| Operating Margin | 80.5% |
| Debt-to-Asset Ratio | 93.9% |
| Months of Reserves | 816.6 months |
Financial Health Grade: A
In 2023, Electrify Dc reported a surplus of $23K with revenue exceeding expenses, holds 816.6 months of operating reserves (strong position), has a debt-to-asset ratio of 93.9% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Electrify Dc 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 Electrify Dc 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 surplus of $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 93.9%.
Frequently Asked Questions about Electrify Dc
Is Electrify Dc a legitimate charity?
Based on AI analysis of IRS 990 filings, Electrify Dc (EIN: 923933459) insufficient data. 0 red flags identified, 0 strengths noted.
How does Electrify Dc spend its money?
Detailed spending breakdown data is not yet available for Electrify Dc. Check back for updated IRS 990 analysis.
Are donations to Electrify Dc tax-deductible?
Electrify Dc is registered as a tax-exempt nonprofit (EIN: 923933459). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Electrify Dc located?
Electrify Dc is headquartered in Washington, Washington DC and files with the IRS under EIN 923933459. It is classified under NTEE code B02.
Filing History
IRS 990 filing history for Electrify Dc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Electrify Dc reported a surplus of $23K, with revenue exceeding expenses. The organization holds $350K in liabilities against $373K in assets (debt-to-asset ratio: 93.9%), resulting in net assets of $23K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $28K | $5K | $373K | $350K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Electrify Dc:
Data Sources and Methodology
This transparency report for Electrify Dc 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.