Historic Medley District Inc
EIN: 237447951 · Poolesville, MD · NTEE: A82Z
| Metric | Value |
|---|---|
| Total Revenue | $97K |
| Total Expenses | $100K |
| Net Assets | $173K |
Is Historic Medley District Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Historic Medley District Inc
Historic Medley District Inc (EIN: 237447951) is a nonprofit organization based in Poolesville, MD, classified under NTEE code A82Z. The organization reported total revenue of $97K and total assets of $191K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Historic Medley District Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Historic Medley District Inc is a micro nonprofit that has been operating for 46 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 13.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $100K |
| Surplus / Deficit | $-6,638 |
| Total Assets | $173K |
| Net Assets | $173K |
| Operating Margin | -7.1% |
| Months of Reserves | 20.7 months |
Financial Health Grade: B
In 2023, Historic Medley District Inc reported a deficit of $7K with expenses exceeding revenue, holds 20.7 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Historic Medley District Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +51.0% | +87.7% | -3.7% |
| 2022 | +42.6% | +48.4% | +5.0% |
| 2021 | +61.0% | +14.4% | +4.6% |
| 2020 | -63.6% | -49.0% | -3.6% |
| 2019 | +29.6% | -8.6% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Historic Medley District 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 Historic Medley District 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 $7K, with expenses exceeding revenue.
Frequently Asked Questions about Historic Medley District Inc
Is Historic Medley District Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Historic Medley District Inc (EIN: 237447951) insufficient data. 0 red flags identified, 0 strengths noted.
How does Historic Medley District Inc spend its money?
Detailed spending breakdown data is not yet available for Historic Medley District Inc. Check back for updated IRS 990 analysis.
Are donations to Historic Medley District Inc tax-deductible?
Historic Medley District Inc is registered as a tax-exempt nonprofit (EIN: 237447951). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Historic Medley District Inc located?
Historic Medley District Inc is headquartered in Poolesville, Maryland and files with the IRS under EIN 237447951. It is classified under NTEE code A82Z.
How many years of IRS 990 filings does Historic Medley District Inc have?
Historic Medley District Inc has 14 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 $97K in total revenue.
Filing History
IRS 990 filing history for Historic Medley District Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Historic Medley District Inc's revenue has grown by 426.7%, moving from $18K to $94K. Total assets decreased by 29% over the same period, from $244K to $173K. Total functional expenses rose by 56.2%, from $64K to $100K. In its most recent filing year (2023), Historic Medley District Inc reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $94K | $100K | $173K | $0 | — | — |
| 2022 | $62K | $53K | $180K | $0 | — | View 990 |
| 2021 | $43K | $36K | $171K | $0 | — | — |
| 2020 | $27K | $31K | $164K | $0 | — | — |
| 2019 | $74K | $62K | $170K | $2K | — | View 990 |
| 2018 | $57K | $68K | $162K | $6K | — | View 990 |
| 2017 | $24K | $54K | $178K | $11K | — | View 990 |
| 2016 | $53K | $37K | $214K | $17K | — | View 990 |
| 2015 | $43K | $60K | $201K | $21K | — | View 990 |
| 2014 | $67K | $85K | $221K | $24K | — | View 990 |
| 2013 | $90K | $72K | $238K | $27K | — | View 990 |
| 2012 | $59K | $51K | $226K | $33K | — | View 990 |
| 2011 | $229K | $88K | $233K | $47K | — | View 990 |
| 2010 | $18K | $64K | $244K | $198K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $94K, expenses of $100K, and assets of $173K (revenue +51.0% year-over-year).
- 2022: Revenue of $62K, expenses of $53K, and assets of $180K (revenue +42.6% year-over-year).
- 2021: Revenue of $43K, expenses of $36K, and assets of $171K (revenue +61.0% year-over-year).
- 2020: Revenue of $27K, expenses of $31K, and assets of $164K (revenue -63.6% year-over-year).
- 2019: Revenue of $74K, expenses of $62K, and assets of $170K (revenue +29.6% year-over-year).
- 2018: Revenue of $57K, expenses of $68K, and assets of $162K (revenue +138.5% year-over-year).
- 2017: Revenue of $24K, expenses of $54K, and assets of $178K (revenue -55.0% year-over-year).
- 2016: Revenue of $53K, expenses of $37K, and assets of $214K (revenue +25.3% year-over-year).
- 2015: Revenue of $43K, expenses of $60K, and assets of $201K (revenue -36.0% year-over-year).
- 2014: Revenue of $67K, expenses of $85K, and assets of $221K (revenue -25.7% year-over-year).
- 2013: Revenue of $90K, expenses of $72K, and assets of $238K (revenue +53.0% year-over-year).
- 2012: Revenue of $59K, expenses of $51K, and assets of $226K (revenue -74.4% year-over-year).
- 2011: Revenue of $229K, expenses of $88K, and assets of $233K (revenue +1187.0% year-over-year).
- 2010: Revenue of $18K, expenses of $64K, and assets of $244K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Historic Medley District Inc:
Data Sources and Methodology
This transparency report for Historic Medley District 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.