Institute Of Caribbean Studies
EIN: 521864509 · Washington, DC · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $90K |
| Total Expenses | $212K |
| Net Assets | $78K |
Is Institute Of Caribbean Studies Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Institute Of Caribbean Studies
Institute Of Caribbean Studies (EIN: 521864509) is a nonprofit organization based in Washington, DC, classified under NTEE code B12. The organization reported total revenue of $90K and total assets of $621 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute Of Caribbean Studies's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute Of Caribbean Studies is a micro nonprofit that has been operating for 4 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $278K |
| Total Expenses | $212K |
| Surplus / Deficit | +$67K |
| Total Assets | $80K |
| Total Liabilities | $2K |
| Net Assets | $78K |
| Operating Margin | 23.9% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 4.5 months |
Financial Health Grade: A
In 2023, Institute Of Caribbean Studies reported a surplus of $67K with revenue exceeding expenses, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Institute Of Caribbean Studies's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +196.9% | +89.7% | +483.3% |
| 2022 | +4936.5% | +124.0% | -53.6% |
| 2021 | -98.7% | -53.8% | -78.5% |
| 2018 | -38.0% | -23.7% | +7.7% |
| 2017 | +109.6% | +10.4% | +322.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Institute Of Caribbean Studies 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 Institute Of Caribbean Studies 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 $67K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Frequently Asked Questions about Institute Of Caribbean Studies
Is Institute Of Caribbean Studies a legitimate charity?
Institute Of Caribbean Studies (EIN: 521864509) is a registered tax-exempt nonprofit based in Washington DC. It has 11 years of IRS 990 filings on record. Total revenue: $90K. No red flags identified. Financial health grade: A.
How does Institute Of Caribbean Studies spend its money?
Institute Of Caribbean Studies reported $90K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Institute Of Caribbean Studies tax-deductible?
Institute Of Caribbean Studies is registered as a tax-exempt nonprofit (EIN: 521864509). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Institute Of Caribbean Studies located?
Institute Of Caribbean Studies is headquartered in Washington, Washington DC and files with the IRS under EIN 521864509. It is classified under NTEE code B12.
How many years of IRS 990 filings does Institute Of Caribbean Studies have?
Institute Of Caribbean Studies has 11 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 $90K in total revenue.
Filing History
IRS 990 filing history for Institute Of Caribbean Studies showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Institute Of Caribbean Studies's revenue has grown by 191.4%, moving from $95K to $278K. Total assets increased by 55.9% over the same period, from $51K to $80K. Total functional expenses rose by 76%, from $120K to $212K. In its most recent filing year (2023), Institute Of Caribbean Studies reported a surplus of $67K, with revenue exceeding expenses. The organization holds $2K in liabilities against $80K in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $78K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $278K | $212K | $80K | $2K | — | View 990 |
| 2022 | $94K | $112K | $14K | $2K | — | View 990 |
| 2021 | $2K | $50K | $30K | $0 | — | View 990 |
| 2018 | $148K | $108K | $138K | $0 | — | — |
| 2017 | $239K | $141K | $128K | $0 | — | — |
| 2016 | $114K | $128K | $30K | $2K | — | — |
| 2015 | $86K | $43K | $46K | $3K | — | — |
| 2014 | $65K | $68K | $23K | $465 | — | View 990 |
| 2013 | $83K | $90K | $26K | $750 | — | View 990 |
| 2012 | $54K | $73K | $36K | $3K | — | View 990 |
| 2011 | $95K | $120K | $51K | $94 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $278K, expenses of $212K, and assets of $80K (revenue +196.9% year-over-year).
- 2022: Revenue of $94K, expenses of $112K, and assets of $14K (revenue +4936.5% year-over-year).
- 2021: Revenue of $2K, expenses of $50K, and assets of $30K (revenue -98.7% year-over-year).
- 2018: Revenue of $148K, expenses of $108K, and assets of $138K (revenue -38.0% year-over-year).
- 2017: Revenue of $239K, expenses of $141K, and assets of $128K (revenue +109.6% year-over-year).
- 2016: Revenue of $114K, expenses of $128K, and assets of $30K (revenue +33.2% year-over-year).
- 2015: Revenue of $86K, expenses of $43K, and assets of $46K (revenue +31.9% year-over-year).
- 2014: Revenue of $65K, expenses of $68K, and assets of $23K (revenue -21.9% year-over-year).
- 2013: Revenue of $83K, expenses of $90K, and assets of $26K (revenue +53.6% year-over-year).
- 2012: Revenue of $54K, expenses of $73K, and assets of $36K (revenue -43.3% year-over-year).
- 2011: Revenue of $95K, expenses of $120K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute Of Caribbean Studies:
Data Sources and Methodology
This transparency report for Institute Of Caribbean Studies 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.