Essex Skypark Association
Essex Skypark Association shows consistent asset growth and no reported officer compensation over the last decade.
EIN: 202127214 · White Marsh, MD · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $119K |
| Total Expenses | $79K |
| Program Spending | 90% |
| Net Assets | $166K |
| Transparency Score | 92/100 |
Is Essex Skypark Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Essex Skypark Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Essex Skypark Association
Essex Skypark Association (EIN: 202127214) is a nonprofit organization based in White Marsh, MD, classified under NTEE code P20. The organization reported total revenue of $119K and total assets of $211K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Essex Skypark Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Essex Skypark Association is a small nonprofit that has been operating for 12 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $119K |
| Total Expenses | $79K |
| Surplus / Deficit | +$40K |
| Total Assets | $166K |
| Net Assets | $166K |
| Operating Margin | 33.6% |
| Months of Reserves | 25.1 months |
Financial Health Grade: A
In 2023, Essex Skypark Association reported a surplus of $40K with revenue exceeding expenses, holds 25.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Essex Skypark Association's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.0% | -28.3% | +31.9% |
| 2022 | +127.9% | +113.5% | +15.0% |
| 2021 | -4.8% | +24.1% | +3.8% |
| 2020 | -9.5% | -4.6% | +9.0% |
| 2019 | -16.0% | -70.8% | -37.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Essex Skypark Association with a Mission Score of 92 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, Essex Skypark Association 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $40K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for a nonprofit of this size.
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 Essex Skypark Association's IRS 990 filings:
- One year (2018) had expenses significantly exceeding revenue ($149,940 vs $77,080), leading to temporary liabilities, though this appears to be an isolated event and was resolved.
Strengths
The following positive indicators were identified for Essex Skypark Association:
- Consistent asset growth, from $42,027 in 2014 to $166,035 in 2023, demonstrating strong financial stewardship.
- No reported officer compensation across all filings, indicating a volunteer-driven and highly efficient leadership structure.
- Revenues generally exceed expenses, contributing to financial stability and growth.
- Minimal to zero liabilities in most recent filings, reflecting a healthy balance sheet.
- Consistent IRS 990 filing history (13 filings), indicating strong transparency.
Frequently Asked Questions about Essex Skypark Association
Is Essex Skypark Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Essex Skypark Association (EIN: 202127214) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Essex Skypark Association spend its money?
Essex Skypark Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Essex Skypark Association tax-deductible?
Essex Skypark Association is registered as a tax-exempt nonprofit (EIN: 202127214). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Essex Skypark Association's spending goes to programs?
Essex Skypark Association directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Essex Skypark Association compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Essex Skypark Association is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Essex Skypark Association located?
Essex Skypark Association is headquartered in White Marsh, Maryland and files with the IRS under EIN 202127214. It is classified under NTEE code P20.
How many years of IRS 990 filings does Essex Skypark Association have?
Essex Skypark Association has 13 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 $119K in total revenue.
Is Essex Skypark Association a good charity?
Based on the provided financial data, Essex Skypark Association appears to be a well-managed and financially healthy organization. It consistently generates more revenue than expenses, has growing assets, and reports no officer compensation, suggesting efficient use of funds and a volunteer-driven model.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth, with assets increasing from $42,027 in 2014 to $166,035 in 2023. Revenues have generally exceeded expenses, except for 2018 where expenses ($149,940) significantly surpassed revenue ($77,080), leading to a temporary liability of $80,000, which was subsequently resolved.
What is the organization's approach to executive compensation?
The Essex Skypark Association reports 0% officer compensation in all available filings, indicating that its leadership serves on a volunteer basis, which is a strong positive for financial efficiency and donor trust.
Filing History
IRS 990 filing history for Essex Skypark Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Essex Skypark Association's revenue has grown by 115.1%, moving from $55K to $119K. Total assets increased by 95.5% over the same period, from $85K to $166K. Total functional expenses rose by 3.3%, from $77K to $79K. In its most recent filing year (2023), Essex Skypark Association reported a surplus of $40K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $119K | $79K | $166K | $0 | — | — |
| 2022 | $127K | $111K | $126K | $0 | — | View 990 |
| 2021 | $56K | $52K | $109K | $0 | — | — |
| 2020 | $59K | $42K | $105K | $0 | — | View 990 |
| 2019 | $65K | $44K | $97K | $0 | — | View 990 |
| 2018 | $77K | $150K | $155K | $80K | — | View 990 |
| 2017 | $80K | $55K | $154K | $0 | — | View 990 |
| 2016 | $142K | $84K | $130K | $0 | — | View 990 |
| 2015 | $81K | $52K | $70K | $0 | — | View 990 |
| 2014 | $70K | $62K | $42K | $0 | — | View 990 |
| 2013 | $73K | $68K | $45K | $0 | — | View 990 |
| 2012 | $58K | $38K | $41K | $0 | — | View 990 |
| 2011 | $55K | $77K | $85K | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $119K, expenses of $79K, and assets of $166K (revenue -6.0% year-over-year).
- 2022: Revenue of $127K, expenses of $111K, and assets of $126K (revenue +127.9% year-over-year).
- 2021: Revenue of $56K, expenses of $52K, and assets of $109K (revenue -4.8% year-over-year).
- 2020: Revenue of $59K, expenses of $42K, and assets of $105K (revenue -9.5% year-over-year).
- 2019: Revenue of $65K, expenses of $44K, and assets of $97K (revenue -16.0% year-over-year).
- 2018: Revenue of $77K, expenses of $150K, and assets of $155K (revenue -3.3% year-over-year).
- 2017: Revenue of $80K, expenses of $55K, and assets of $154K (revenue -43.9% year-over-year).
- 2016: Revenue of $142K, expenses of $84K, and assets of $130K (revenue +75.9% year-over-year).
- 2015: Revenue of $81K, expenses of $52K, and assets of $70K (revenue +14.9% year-over-year).
- 2014: Revenue of $70K, expenses of $62K, and assets of $42K (revenue -3.1% year-over-year).
- 2013: Revenue of $73K, expenses of $68K, and assets of $45K (revenue +24.8% year-over-year).
- 2012: Revenue of $58K, expenses of $38K, and assets of $41K (revenue +4.8% year-over-year).
- 2011: Revenue of $55K, expenses of $77K, and assets of $85K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Essex Skypark Association:
Data Sources and Methodology
This transparency report for Essex Skypark Association 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.