Federal Real Property Association
EIN: 521494227 · Potomac, MD · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $92K |
| Total Expenses | $55K |
| Net Assets | $146K |
Is Federal Real Property Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Federal Real Property Association
Federal Real Property Association (EIN: 521494227) is a nonprofit organization based in Potomac, MD, classified under NTEE code S41. The organization reported total revenue of $92K and total assets of $181K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Federal Real Property Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Federal Real Property Association is a micro nonprofit that has been operating for 8 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 24.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $86K |
| Total Expenses | $55K |
| Surplus / Deficit | +$31K |
| Total Assets | $146K |
| Net Assets | $146K |
| Operating Margin | 36.3% |
| Months of Reserves | 32.0 months |
Financial Health Grade: A
In 2023, Federal Real Property Association reported a surplus of $31K with revenue exceeding expenses, holds 32.0 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Federal Real Property Association's revenue has grown at a compound annual growth rate (CAGR) of 24.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.2% | -1.9% | +27.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Federal Real Property Association 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 Federal Real Property Association 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 $31K, with revenue exceeding expenses.
Frequently Asked Questions about Federal Real Property Association
Is Federal Real Property Association a legitimate charity?
Federal Real Property Association (EIN: 521494227) is a registered tax-exempt nonprofit based in Maryland. It has 2 years of IRS 990 filings on record. Total revenue: $92K. No red flags identified. Financial health grade: A.
How does Federal Real Property Association spend its money?
Federal Real Property Association reported $92K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Federal Real Property Association tax-deductible?
Federal Real Property Association is registered as a tax-exempt nonprofit (EIN: 521494227). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Federal Real Property Association located?
Federal Real Property Association is headquartered in Potomac, Maryland and files with the IRS under EIN 521494227. It is classified under NTEE code S41.
How many years of IRS 990 filings does Federal Real Property Association have?
Federal Real Property Association has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $92K in total revenue.
Filing History
IRS 990 filing history for Federal Real Property Association showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Federal Real Property Association's revenue has grown by 24.2%, moving from $69K to $86K. Total assets increased by 27.2% over the same period, from $115K to $146K. Total functional expenses fell by 1.9%, from $56K to $55K. In its most recent filing year (2023), Federal Real Property Association reported a surplus of $31K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $86K | $55K | $146K | $0 | — | — |
| 2022 | $69K | $56K | $115K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Federal Real Property Association:
Data Sources and Methodology
This transparency report for Federal Real Property 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.