Faircliff Plaza West Community Center Association
Faircliff Plaza West Community Center Association maintains stable assets with zero officer compensation, despite fluctuating annual revenues and expenses.
EIN: 203735975 · Washington, DC · NTEE: P28 · Updated: 2026-03-28
Is Faircliff Plaza West Community Center Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Faircliff Plaza West Community Center Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Faircliff Plaza West Community Center Association
Faircliff Plaza West Community Center Association (EIN: 203735975) is a nonprofit organization based in Washington, DC, classified under NTEE code P28. The organization reported total revenue of $22K and total assets of $351K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faircliff Plaza West Community Center Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faircliff Plaza West Community Center Association is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $107K |
| Total Expenses | $44K |
| Surplus / Deficit | +$63K |
| Total Assets | $351K |
| Total Liabilities | $7K |
| Net Assets | $344K |
| Operating Margin | 59.0% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 95.6 months |
Financial Health Grade: A
In 2023, Faircliff Plaza West Community Center Association reported a surplus of $63K with revenue exceeding expenses, holds 95.6 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Faircliff Plaza West Community Center Association's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.6% | -66.8% | +12.6% |
| 2022 | +6.6% | +12.1% | -11.6% |
| 2021 | -2.3% | -3.1% | +2.9% |
| 2020 | +19.2% | +13.9% | -4.0% |
| 2019 | +223.8% | +417.6% | +58.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Faircliff Plaza West Community Center Association 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Faircliff Plaza West Community Center Association allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $63K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid volunteers or compensated through other means not classified as officer compensation, which is highly favorable for an organization of its size ($107,475 revenue in 2023).
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 Faircliff Plaza West Community Center Association's IRS 990 filings:
- Expenses exceeded revenue in multiple recent years (2019-2022), potentially indicating reliance on reserves.
Strengths
The following positive indicators were identified for Faircliff Plaza West Community Center Association:
- Consistent 0% officer compensation across all filings, indicating strong financial stewardship.
- Healthy and growing asset base, increasing from $167,012 in 2011 to $351,132 in 2023.
- Long and consistent IRS 990 filing history, demonstrating transparency.
- Significant surplus in the most recent filing (2023), with revenue of $107,475 against expenses of $44,089.
Frequently Asked Questions about Faircliff Plaza West Community Center Association
Is Faircliff Plaza West Community Center Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Faircliff Plaza West Community Center Association (EIN: 203735975) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Faircliff Plaza West Community Center Association spend its money?
Faircliff Plaza West Community Center Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Faircliff Plaza West Community Center Association tax-deductible?
Faircliff Plaza West Community Center Association is registered as a tax-exempt nonprofit (EIN: 203735975). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Faircliff Plaza West Community Center Association a good charity?
Based on the available data, the organization appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission rather than executive salaries. Its asset base has grown over time, and it maintains a consistent filing history, suggesting good governance and transparency.
How does the organization manage its expenses relative to its revenue?
The organization's expense management varies. In 2023, expenses ($44,089) were significantly lower than revenue ($107,475), resulting in a surplus. However, in previous years (2019-2022), expenses consistently exceeded revenue, indicating a reliance on accumulated assets or prior surpluses to cover operational costs during those periods.
What is the trend in the organization's assets?
The organization's assets have shown a positive growth trend over the long term, increasing from $167,012 in 2011 to $351,132 in 2023, demonstrating financial stability and an ability to build reserves.
Filing History
IRS 990 filing history for Faircliff Plaza West Community Center Association showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Faircliff Plaza West Community Center Association's revenue has grown by 59%, moving from $68K to $107K. Total assets increased by 110.2% over the same period, from $167K to $351K. Total functional expenses rose by 219.9%, from $14K to $44K. In its most recent filing year (2023), Faircliff Plaza West Community Center Association reported a surplus of $63K, with revenue exceeding expenses. The organization holds $7K in liabilities against $351K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $344K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $107K | $44K | $351K | $7K | — | View 990 |
| 2022 | $110K | $133K | $312K | $31K | — | View 990 |
| 2021 | $103K | $119K | $353K | $49K | — | View 990 |
| 2020 | $106K | $122K | $343K | $25K | — | — |
| 2019 | $89K | $107K | $357K | $22K | — | View 990 |
| 2015 | $27K | $21K | $225K | $0 | — | View 990 |
| 2014 | $40K | $41K | $218K | $0 | — | View 990 |
| 2013 | $53K | $53K | $219K | $0 | — | View 990 |
| 2012 | $81K | $28K | $219K | $0 | — | View 990 |
| 2011 | $68K | $14K | $167K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $107K, expenses of $44K, and assets of $351K (revenue -2.6% year-over-year).
- 2022: Revenue of $110K, expenses of $133K, and assets of $312K (revenue +6.6% year-over-year).
- 2021: Revenue of $103K, expenses of $119K, and assets of $353K (revenue -2.3% year-over-year).
- 2020: Revenue of $106K, expenses of $122K, and assets of $343K (revenue +19.2% year-over-year).
- 2019: Revenue of $89K, expenses of $107K, and assets of $357K (revenue +223.8% year-over-year).
- 2015: Revenue of $27K, expenses of $21K, and assets of $225K (revenue -31.4% year-over-year).
- 2014: Revenue of $40K, expenses of $41K, and assets of $218K (revenue -24.4% year-over-year).
- 2013: Revenue of $53K, expenses of $53K, and assets of $219K (revenue -34.3% year-over-year).
- 2012: Revenue of $81K, expenses of $28K, and assets of $219K (revenue +19.3% year-over-year).
- 2011: Revenue of $68K, expenses of $14K, and assets of $167K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faircliff Plaza West Community Center Association:
Data Sources and Methodology
This transparency report for Faircliff Plaza West Community Center 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.