Equality Community Center
EIN: 823939533 · Portland, ME
| Metric | Value |
|---|---|
| Total Revenue | $686K |
| Total Expenses | $309K |
| Net Assets | $2.3M |
Is Equality Community Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Equality Community Center
Equality Community Center (EIN: 823939533) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $686K and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Equality Community Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Equality Community Center is a small nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 111.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $856K |
| Total Expenses | $309K |
| Surplus / Deficit | +$547K |
| Total Assets | $2.8M |
| Total Liabilities | $439K |
| Net Assets | $2.3M |
| Operating Margin | 63.9% |
| Debt-to-Asset Ratio | 15.9% |
| Months of Reserves | 107.1 months |
Financial Health Grade: A
In 2023, Equality Community Center reported a surplus of $547K with revenue exceeding expenses, holds 107.1 months of operating reserves (strong position), has a debt-to-asset ratio of 15.9% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Equality Community Center's revenue has grown at a compound annual growth rate (CAGR) of 111.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.1% | -14.8% | +31.9% |
| 2022 | -49.4% | +114.5% | +50.9% |
| 2021 | +2651.9% | +409.2% | +1984.3% |
| 2020 | -32.6% | -24.9% | +45.2% |
| 2019 | +293.7% | +328.6% | +357.7% |
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 Equality Community Center 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 Equality Community Center 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 $547K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.9%.
Frequently Asked Questions about Equality Community Center
Is Equality Community Center a legitimate charity?
Equality Community Center (EIN: 823939533) is a registered tax-exempt nonprofit based in Maine. It has 6 years of IRS 990 filings on record. Total revenue: $686K. No red flags identified. Financial health grade: A.
How does Equality Community Center spend its money?
Equality Community Center reported $686K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Equality Community Center tax-deductible?
Equality Community Center is registered as a tax-exempt nonprofit (EIN: 823939533). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Equality Community Center located?
Equality Community Center is headquartered in Portland, Maine and files with the IRS under EIN 823939533.
How many years of IRS 990 filings does Equality Community Center have?
Equality Community Center has 6 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 $686K in total revenue.
Filing History
IRS 990 filing history for Equality Community Center showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Equality Community Center's revenue has grown by 4116%, moving from $20K to $856K. Total assets increased by 27485.7% over the same period, from $10K to $2.8M. Total functional expenses rose by 2895%, from $10K to $309K. In its most recent filing year (2023), Equality Community Center reported a surplus of $547K, with revenue exceeding expenses. The organization holds $439K in liabilities against $2.8M in assets (debt-to-asset ratio: 15.9%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $856K | $309K | $2.8M | $439K | — | — |
| 2022 | $750K | $363K | $2.1M | $322K | — | — |
| 2021 | $1.5M | $169K | $1.4M | $4K | — | View 990 |
| 2020 | $54K | $33K | $66K | $0 | — | — |
| 2019 | $80K | $44K | $46K | $0 | — | View 990 |
| 2018 | $20K | $10K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $856K, expenses of $309K, and assets of $2.8M (revenue +14.1% year-over-year).
- 2022: Revenue of $750K, expenses of $363K, and assets of $2.1M (revenue -49.4% year-over-year).
- 2021: Revenue of $1.5M, expenses of $169K, and assets of $1.4M (revenue +2651.9% year-over-year).
- 2020: Revenue of $54K, expenses of $33K, and assets of $66K (revenue -32.6% year-over-year).
- 2019: Revenue of $80K, expenses of $44K, and assets of $46K (revenue +293.7% year-over-year).
- 2018: Revenue of $20K, expenses of $10K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Equality Community Center:
Data Sources and Methodology
This transparency report for Equality Community Center 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.