Glen Echo Park Partnership For Arts And Culture Inc
EIN: 383650339 · Glen Echo, MD · NTEE: N32
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $2.3M |
| Net Assets | $2.9M |
Is Glen Echo Park Partnership For Arts And Culture Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Glen Echo Park Partnership For Arts And Culture Inc
Glen Echo Park Partnership For Arts And Culture Inc (EIN: 383650339) is a nonprofit organization based in Glen Echo, MD, classified under NTEE code N32. The organization reported total revenue of $3.6M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Glen Echo Park Partnership For Arts And Culture Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Glen Echo Park Partnership For Arts And Culture Inc is a mid-size nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$526K |
| Total Assets | $3.9M |
| Total Liabilities | $1.0M |
| Net Assets | $2.9M |
| Operating Margin | 18.9% |
| Debt-to-Asset Ratio | 25.9% |
| Months of Reserves | 20.8 months |
Financial Health Grade: A
In 2023, Glen Echo Park Partnership For Arts And Culture Inc reported a surplus of $526K with revenue exceeding expenses, holds 20.8 months of operating reserves (strong position), has a debt-to-asset ratio of 25.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Glen Echo Park Partnership For Arts And Culture Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.1% | +6.9% | +17.3% |
| 2022 | +14.1% | +31.9% | +3.6% |
| 2021 | -21.3% | -19.6% | +16.0% |
| 2020 | +7.5% | +3.2% | +4.6% |
| 2019 | -11.5% | -7.9% | +8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Glen Echo Park Partnership For Arts And Culture 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 Glen Echo Park Partnership For Arts And Culture 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 surplus of $526K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.9%.
Frequently Asked Questions about Glen Echo Park Partnership For Arts And Culture Inc
Is Glen Echo Park Partnership For Arts And Culture Inc a legitimate charity?
Glen Echo Park Partnership For Arts And Culture Inc (EIN: 383650339) is a registered tax-exempt nonprofit based in Maryland. It has 12 years of IRS 990 filings on record. Total revenue: $3.6M. No red flags identified. Financial health grade: A.
How does Glen Echo Park Partnership For Arts And Culture Inc spend its money?
Glen Echo Park Partnership For Arts And Culture Inc reported $3.6M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Glen Echo Park Partnership For Arts And Culture Inc tax-deductible?
Glen Echo Park Partnership For Arts And Culture Inc is registered as a tax-exempt nonprofit (EIN: 383650339). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Glen Echo Park Partnership For Arts And Culture Inc located?
Glen Echo Park Partnership For Arts And Culture Inc is headquartered in Glen Echo, Maryland and files with the IRS under EIN 383650339. It is classified under NTEE code N32.
How many years of IRS 990 filings does Glen Echo Park Partnership For Arts And Culture Inc have?
Glen Echo Park Partnership For Arts And Culture Inc has 12 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 $3.6M in total revenue.
Filing History
IRS 990 filing history for Glen Echo Park Partnership For Arts And Culture Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Glen Echo Park Partnership For Arts And Culture Inc's revenue has grown by 62%, moving from $1.7M to $2.8M. Total assets increased by 110.5% over the same period, from $1.9M to $3.9M. Total functional expenses rose by 34.3%, from $1.7M to $2.3M. In its most recent filing year (2023), Glen Echo Park Partnership For Arts And Culture Inc reported a surplus of $526K, with revenue exceeding expenses. The organization holds $1.0M in liabilities against $3.9M in assets (debt-to-asset ratio: 25.9%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.3M | $3.9M | $1.0M | — | View 990 |
| 2022 | $2.1M | $2.1M | $3.3M | $962K | — | View 990 |
| 2021 | $1.8M | $1.6M | $3.2M | $796K | — | View 990 |
| 2020 | $2.3M | $2.0M | $2.8M | $559K | — | View 990 |
| 2019 | $2.1M | $1.9M | $2.6M | $743K | — | View 990 |
| 2018 | $2.4M | $2.1M | $2.4M | $748K | — | View 990 |
| 2017 | $2.0M | $1.9M | $2.1M | $691K | — | View 990 |
| 2016 | $1.9M | $1.9M | $1.9M | $622K | — | View 990 |
| 2015 | $1.8M | $1.8M | $1.8M | $628K | — | View 990 |
| 2014 | $1.8M | $1.7M | $1.8M | $580K | — | View 990 |
| 2013 | $1.7M | $1.7M | $1.7M | $576K | — | View 990 |
| 2012 | $1.7M | $1.7M | $1.9M | $724K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $2.3M, and assets of $3.9M (revenue +35.1% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.1M, and assets of $3.3M (revenue +14.1% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.6M, and assets of $3.2M (revenue -21.3% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.0M, and assets of $2.8M (revenue +7.5% year-over-year).
- 2019: Revenue of $2.1M, expenses of $1.9M, and assets of $2.6M (revenue -11.5% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.1M, and assets of $2.4M (revenue +21.4% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.9M, and assets of $2.1M (revenue +2.7% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.9M, and assets of $1.9M (revenue +5.5% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.8M, and assets of $1.8M (revenue +3.1% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.7M, and assets of $1.8M (revenue +3.1% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.7M, and assets of $1.7M (revenue +0.5% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.7M, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Glen Echo Park Partnership For Arts And Culture Inc:
Data Sources and Methodology
This transparency report for Glen Echo Park Partnership For Arts And Culture 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.