German American Business Council Inc

German American Business Council Inc. maintains strong solvency with no liabilities, despite recent operating deficits.

EIN: 201842368 · Washington, DC · NTEE: S40 · Updated: 2026-03-28

$619KRevenue
$471KGross Revenue
$521KAssets
85/100Mission Score (Excellent)
S40
German American Business Council Inc Financial Summary
MetricValue
Total Revenue$619K
Total Expenses$486K
Program Spending80%
CEO/Top Officer Pay$500,000.
Net Assets$587K
Transparency Score85/100

Is German American Business Council Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

German American Business Council Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About German American Business Council Inc

German American Business Council Inc (EIN: 201842368) is a nonprofit organization based in Washington, DC, classified under NTEE code S40. The organization reported total revenue of $619K and total assets of $521K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of German American Business Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

German American Business Council Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$438K
Total Expenses$486K
Surplus / Deficit$-48,320
Total Assets$587K
Net Assets$587K
Operating Margin-11.0%
Months of Reserves14.5 months

Financial Health Grade: B

In 2023, German American Business Council Inc reported a deficit of $48K with expenses exceeding revenue, holds 14.5 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), German American Business Council Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-14.1%+8.4%-7.6%
2022+45.0%+12.6%+10.5%
2021-33.3%-7.4%-7.6%
2020+1.4%+0.8%+18.4%
2019+0.7%-2.9%+20.9%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The German American Business Council Inc. demonstrates consistent financial activity, with revenues generally fluctuating around the half-million dollar mark over the past decade. For the latest reported period (202312), the organization experienced a deficit, with expenses of $486,358 exceeding revenues of $438,038. This follows a surplus in the prior period (202212) where revenues of $509,747 outpaced expenses of $448,871. The organization maintains a healthy asset base, with $586,587 in assets as of 202312 and no reported liabilities across all filings, indicating strong financial solvency and a low-risk financial structure. The consistent reporting of zero liabilities across all 13 filings is a significant indicator of financial stability and prudent management. While specific program spending ratios are not provided in the raw data, the absence of officer compensation suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive sign for donor confidence regarding overhead. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency between programs, administration, and fundraising. The organization's consistent filing history and clear financial statements suggest a commitment to transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates German American Business Council Inc 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, German American Business Council Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:

$438KTotal Revenue
$486KTotal Expenses
$587KTotal Assets
$587KNet Assets
  • The organization reported a deficit of $48K, with expenses exceeding revenue.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either volunteer-based or compensated through non-officer categories, which is highly favorable for a nonprofit of its size with revenues typically around $500,000.

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 German American Business Council Inc's IRS 990 filings:

  • Recent operating deficit in 202312 ($48,320 difference between expenses and revenue).

Strengths

The following positive indicators were identified for German American Business Council Inc:

  • Zero reported liabilities across all 13 filings, indicating strong financial health.
  • Consistent asset growth over the long term, from $154,567 in 201412 to $586,587 in 202312.
  • No reported officer compensation, suggesting efficient use of funds or volunteer leadership.
  • Consistent filing history demonstrates transparency and compliance.

Frequently Asked Questions about German American Business Council Inc

Is German American Business Council Inc a legitimate charity?

German American Business Council Inc (EIN: 201842368) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $619K. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does German American Business Council Inc spend its money?

German American Business Council Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to German American Business Council Inc tax-deductible?

German American Business Council Inc is registered as a tax-exempt nonprofit (EIN: 201842368). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the German American Business Council Inc CEO make?

German American Business Council Inc's highest-compensated officer earns $500,000. annually. The organization reported $619K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of German American Business Council Inc's spending goes to programs?

German American Business Council Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does German American Business Council Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), German American Business Council Inc is above average for NTEE category S40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is German American Business Council Inc located?

German American Business Council Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 201842368. It is classified under NTEE code S40.

How many years of IRS 990 filings does German American Business Council Inc have?

German American Business Council Inc 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 $619K in total revenue.

Is German American Business Council Inc. financially stable?

Yes, the organization appears financially stable. It consistently reports zero liabilities across all 13 filings and maintains a healthy asset base, with $586,587 in assets as of the latest period (202312).

Does German American Business Council Inc. compensate its officers?

Based on the provided IRS 990 data, the organization consistently reports 0% officer compensation, indicating that officers are not compensated or are compensated through other means not classified as officer compensation.

Has the organization experienced recent financial deficits?

Yes, in the latest reported period (202312), the organization had expenses of $486,358 against revenues of $438,038, resulting in a deficit. However, it had a surplus in the prior period (202212) with revenues of $509,747 and expenses of $448,871.

Filing History

IRS 990 filing history for German American Business Council Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), German American Business Council Inc's revenue has grown by 59.3%, moving from $275K to $438K. Total assets increased by 604.4% over the same period, from $83K to $587K. Total functional expenses rose by 80.4%, from $270K to $486K. In its most recent filing year (2023), German American Business Council Inc reported a deficit of $48K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $438K $486K $587K $0
2022 $510K $449K $635K $0 View 990
2021 $351K $399K $574K $0 View 990
2020 $527K $431K $622K $0
2019 $519K $427K $525K $0 View 990
2018 $516K $440K $434K $0 View 990
2017 $450K $437K $359K $0 View 990
2016 $500K $448K $344K $0 View 990
2015 $542K $385K $292K $0 View 990
2014 $376K $358K $155K $0 View 990
2013 $362K $344K $136K $0 View 990
2012 $320K $285K $118K $0 View 990
2011 $275K $270K $83K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $438K, expenses of $486K, and assets of $587K (revenue -14.1% year-over-year).
  • 2022: Revenue of $510K, expenses of $449K, and assets of $635K (revenue +45.0% year-over-year).
  • 2021: Revenue of $351K, expenses of $399K, and assets of $574K (revenue -33.3% year-over-year).
  • 2020: Revenue of $527K, expenses of $431K, and assets of $622K (revenue +1.4% year-over-year).
  • 2019: Revenue of $519K, expenses of $427K, and assets of $525K (revenue +0.7% year-over-year).
  • 2018: Revenue of $516K, expenses of $440K, and assets of $434K (revenue +14.6% year-over-year).
  • 2017: Revenue of $450K, expenses of $437K, and assets of $359K (revenue -10.0% year-over-year).
  • 2016: Revenue of $500K, expenses of $448K, and assets of $344K (revenue -7.7% year-over-year).
  • 2015: Revenue of $542K, expenses of $385K, and assets of $292K (revenue +43.9% year-over-year).
  • 2014: Revenue of $376K, expenses of $358K, and assets of $155K (revenue +3.9% year-over-year).
  • 2013: Revenue of $362K, expenses of $344K, and assets of $136K (revenue +13.3% year-over-year).
  • 2012: Revenue of $320K, expenses of $285K, and assets of $118K (revenue +16.2% year-over-year).
  • 2011: Revenue of $275K, expenses of $270K, and assets of $83K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for German American Business Council Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for German American Business Council 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.

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