Improving Economies For Stronger Communities
Improving Economies For Stronger Communities shows consistent revenue growth and stable financial health with no reported officer compensation.
EIN: 132503656 · Washington, DC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $32.3M |
| Total Expenses | $29.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $2.9M |
| Transparency Score | 80/100 |
Is Improving Economies For Stronger Communities Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Improving Economies For Stronger Communities directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Improving Economies For Stronger Communities
Improving Economies For Stronger Communities (EIN: 132503656) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $32.3M and total assets of $32.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Improving Economies For Stronger Communities's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Improving Economies For Stronger Communities is a large nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $30.2M |
| Total Expenses | $29.4M |
| Surplus / Deficit | +$846K |
| Total Assets | $33.6M |
| Total Liabilities | $30.6M |
| Net Assets | $2.9M |
| Operating Margin | 2.8% |
| Debt-to-Asset Ratio | 91.3% |
| Months of Reserves | 13.7 months |
Financial Health Grade: A
In 2023, Improving Economies For Stronger Communities reported a surplus of $846K with revenue exceeding expenses, holds 13.7 months of operating reserves (strong position), has a debt-to-asset ratio of 91.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Improving Economies For Stronger Communities's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.0% | +26.3% | +37.7% |
| 2022 | +15.2% | +17.0% | +2.5% |
| 2021 | +14.2% | +9.5% | +48.0% |
| 2020 | -10.1% | -10.6% | +21.5% |
| 2019 | +1.1% | +9.8% | -31.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1964 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Improving Economies For Stronger Communities with a Mission Score of 80 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Improving Economies For Stronger Communities allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:
- The organization reported a surplus of $846K, with revenue exceeding expenses.
- Debt-to-asset ratio: 91.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of this size with revenues exceeding $30 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized and reported elsewhere within the financial statements, requiring further scrutiny for full transparency.
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 Improving Economies For Stronger Communities's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further investigation into how executive leadership is compensated or structured.
Strengths
The following positive indicators were identified for Improving Economies For Stronger Communities:
- Consistent revenue growth, from $20.6M in 2021 to $30.2M in 2023, indicating strong financial support.
- Healthy asset growth, nearly doubling from $16M in 2020 to $33.5M in 2023, demonstrating increasing financial capacity.
- Expenses closely align with revenue, suggesting efficient use of funds and active program delivery rather than excessive accumulation.
- Positive net asset position in recent years, moving from a deficit in 2017 to a surplus of nearly $3 million in 2023, indicating improved financial stability.
Frequently Asked Questions about Improving Economies For Stronger Communities
Is Improving Economies For Stronger Communities a legitimate charity?
Improving Economies For Stronger Communities (EIN: 132503656) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $32.3M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Improving Economies For Stronger Communities spend its money?
Improving Economies For Stronger Communities directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Improving Economies For Stronger Communities tax-deductible?
Improving Economies For Stronger Communities is registered as a tax-exempt nonprofit (EIN: 132503656). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Improving Economies For Stronger Communities CEO make?
Improving Economies For Stronger Communities's highest-compensated officer earns $30 annually. The organization reported $32.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Improving Economies For Stronger Communities's spending goes to programs?
Improving Economies For Stronger Communities directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Improving Economies For Stronger Communities located?
Improving Economies For Stronger Communities is headquartered in Washington, Washington DC and files with the IRS under EIN 132503656.
How many years of IRS 990 filings does Improving Economies For Stronger Communities have?
Improving Economies For Stronger Communities 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 $32.3M in total revenue.
How does Improving Economies For Stronger Communities manage to operate with 0% reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that executive leadership is entirely volunteer-based, or that compensation is reported under different expense categories, which would require a deeper dive into their full financial statements to understand.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not include a detailed breakdown of program, administrative, and fundraising expenses. This information is crucial for a comprehensive assessment of spending efficiency and would typically be found in Part IX of the IRS Form 990.
What are the specific programs and activities that account for the significant increase in revenue and assets?
While the financial data shows substantial growth in revenue and assets, the specific programs or activities driving this growth are not detailed in the provided summary. Further review of their mission statement and program descriptions would be necessary.
Filing History
IRS 990 filing history for Improving Economies For Stronger Communities showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Improving Economies For Stronger Communities's revenue has grown by 116.4%, moving from $14.0M to $30.2M. Total assets increased by 1024.3% over the same period, from $3.0M to $33.6M. Total functional expenses rose by 120.4%, from $13.3M to $29.4M. In its most recent filing year (2023), Improving Economies For Stronger Communities reported a surplus of $846K, with revenue exceeding expenses. The organization holds $30.6M in liabilities against $33.6M in assets (debt-to-asset ratio: 91.3%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $30.2M | $29.4M | $33.6M | $30.6M | — | — |
| 2022 | $23.8M | $23.3M | $24.4M | $22.1M | — | View 990 |
| 2021 | $20.7M | $19.9M | $23.8M | $22.7M | — | View 990 |
| 2020 | $18.1M | $18.2M | $16.1M | $16.0M | — | View 990 |
| 2019 | $20.1M | $20.3M | $13.2M | $13.0M | — | View 990 |
| 2018 | $19.9M | $18.5M | $19.4M | $18.4M | — | View 990 |
| 2017 | $25.9M | $26.1M | $7.7M | $8.6M | — | View 990 |
| 2016 | $45.3M | $45.4M | $6.5M | $7.1M | — | View 990 |
| 2015 | $38.0M | $38.7M | $4.1M | $4.7M | — | View 990 |
| 2014 | $33.8M | $34.0M | $4.6M | $4.6M | — | — |
| 2013 | $28.1M | $28.1M | $5.3M | $4.3M | — | View 990 |
| 2012 | $19.0M | $18.9M | $5.4M | $4.7M | — | View 990 |
| 2011 | $14.0M | $13.3M | $3.0M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30.2M, expenses of $29.4M, and assets of $33.6M (revenue +27.0% year-over-year).
- 2022: Revenue of $23.8M, expenses of $23.3M, and assets of $24.4M (revenue +15.2% year-over-year).
- 2021: Revenue of $20.7M, expenses of $19.9M, and assets of $23.8M (revenue +14.2% year-over-year).
- 2020: Revenue of $18.1M, expenses of $18.2M, and assets of $16.1M (revenue -10.1% year-over-year).
- 2019: Revenue of $20.1M, expenses of $20.3M, and assets of $13.2M (revenue +1.1% year-over-year).
- 2018: Revenue of $19.9M, expenses of $18.5M, and assets of $19.4M (revenue -23.0% year-over-year).
- 2017: Revenue of $25.9M, expenses of $26.1M, and assets of $7.7M (revenue -42.9% year-over-year).
- 2016: Revenue of $45.3M, expenses of $45.4M, and assets of $6.5M (revenue +19.1% year-over-year).
- 2015: Revenue of $38.0M, expenses of $38.7M, and assets of $4.1M (revenue +12.6% year-over-year).
- 2014: Revenue of $33.8M, expenses of $34.0M, and assets of $4.6M (revenue +20.3% year-over-year).
- 2013: Revenue of $28.1M, expenses of $28.1M, and assets of $5.3M (revenue +48.2% year-over-year).
- 2012: Revenue of $19.0M, expenses of $18.9M, and assets of $5.4M (revenue +35.8% year-over-year).
- 2011: Revenue of $14.0M, expenses of $13.3M, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Improving Economies For Stronger Communities:
Data Sources and Methodology
This transparency report for Improving Economies For Stronger Communities 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.