Galesville Community Properties Inc
EIN: 844710811 · Galesville, MD
| Metric | Value |
|---|---|
| Total Revenue | $125K |
| Total Expenses | $139K |
| Net Assets | $-48,738 |
Is Galesville Community Properties Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Galesville Community Properties Inc
Galesville Community Properties Inc (EIN: 844710811) is a nonprofit organization based in Galesville, MD. The organization reported total revenue of $125K and total assets of $665K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Galesville Community Properties Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Galesville Community Properties Inc is a small nonprofit that has been operating for 4 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $90K |
| Total Expenses | $139K |
| Surplus / Deficit | $-48,738 |
| Total Assets | $700K |
| Total Liabilities | $749K |
| Net Assets | $-48,738 |
| Operating Margin | -54.0% |
| Debt-to-Asset Ratio | 107.0% |
| Months of Reserves | 60.4 months |
Financial Health Grade: C
In 2023, Galesville Community Properties Inc reported a deficit of $49K with expenses exceeding revenue, holds 60.4 months of operating reserves (strong position), has a debt-to-asset ratio of 107.0% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Galesville Community Properties Inc 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 Galesville Community Properties Inc 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 deficit of $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 107.0%.
Frequently Asked Questions about Galesville Community Properties Inc
Is Galesville Community Properties Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Galesville Community Properties Inc (EIN: 844710811) insufficient data. 0 red flags identified, 0 strengths noted.
How does Galesville Community Properties Inc spend its money?
Detailed spending breakdown data is not yet available for Galesville Community Properties Inc. Check back for updated IRS 990 analysis.
Are donations to Galesville Community Properties Inc tax-deductible?
Galesville Community Properties Inc is registered as a tax-exempt nonprofit (EIN: 844710811). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Galesville Community Properties Inc located?
Galesville Community Properties Inc is headquartered in Galesville, Maryland and files with the IRS under EIN 844710811.
Filing History
IRS 990 filing history for Galesville Community Properties Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Galesville Community Properties Inc reported a deficit of $49K, with expenses exceeding revenue. The organization holds $749K in liabilities against $700K in assets (debt-to-asset ratio: 107.0%), resulting in net assets of $-48,738.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $90K | $139K | $700K | $749K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Galesville Community Properties Inc:
Data Sources and Methodology
This transparency report for Galesville Community Properties Inc 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.