International Child Art Foundation
EIN: 522032649 · Washington, DC · NTEE: A25
| Metric | Value |
|---|---|
| Total Revenue | $81K |
| Total Expenses | $71K |
| Net Assets | $-459,996 |
Is International Child Art Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About International Child Art Foundation
International Child Art Foundation (EIN: 522032649) is a nonprofit organization based in Washington, DC, classified under NTEE code A25. The organization reported total revenue of $81K and total assets of $43K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Child Art Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Child Art Foundation is a micro nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $71K |
| Surplus / Deficit | +$299 |
| Total Assets | $40K |
| Total Liabilities | $500K |
| Net Assets | $-459,996 |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 1250.0% |
| Months of Reserves | 6.8 months |
Financial Health Grade: A
In 2023, International Child Art Foundation reported a surplus of $299 with revenue exceeding expenses, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1250.0% (high leverage).
Financial Trends
Over 13 years of filings (2010–2023), International Child Art Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.0% | -15.2% | +1.7% |
| 2022 | -49.5% | -45.9% | +65.1% |
| 2021 | +117.5% | +129.4% | -92.1% |
| 2020 | +108.9% | +98.8% | +1.6% |
| 2018 | -41.1% | -42.0% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for International Child Art Foundation 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 International Child Art Foundation 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 $299, with revenue exceeding expenses.
- Debt-to-asset ratio: 1250.0%.
Frequently Asked Questions about International Child Art Foundation
Is International Child Art Foundation a legitimate charity?
International Child Art Foundation (EIN: 522032649) is a registered tax-exempt nonprofit based in Washington DC. It has 13 years of IRS 990 filings on record. Total revenue: $81K. No red flags identified. Financial health grade: A.
How does International Child Art Foundation spend its money?
International Child Art Foundation reported $81K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to International Child Art Foundation tax-deductible?
International Child Art Foundation is registered as a tax-exempt nonprofit (EIN: 522032649). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is International Child Art Foundation located?
International Child Art Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 522032649. It is classified under NTEE code A25.
How many years of IRS 990 filings does International Child Art Foundation have?
International Child Art Foundation 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 $81K in total revenue.
Filing History
IRS 990 filing history for International Child Art Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), International Child Art Foundation's revenue has grown by 19.8%, moving from $59K to $71K. Total assets decreased by 29.7% over the same period, from $57K to $40K. Total functional expenses fell by 2.5%, from $72K to $71K. In its most recent filing year (2023), International Child Art Foundation reported a surplus of $299, with revenue exceeding expenses. The organization holds $500K in liabilities against $40K in assets (debt-to-asset ratio: 1250.0%), resulting in net assets of $-459,996.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $71K | $71K | $40K | $500K | — | — |
| 2022 | $79K | $83K | $39K | $500K | — | View 990 |
| 2021 | $156K | $154K | $24K | $529K | — | View 990 |
| 2020 | $72K | $67K | $303K | $529K | — | — |
| 2018 | $34K | $34K | $298K | $529K | — | View 990 |
| 2017 | $58K | $58K | $297K | $529K | — | View 990 |
| 2016 | $27K | $27K | $297K | $529K | — | View 990 |
| 2015 | $141K | $147K | $298K | $529K | — | View 990 |
| 2014 | $99K | $98K | $278K | $529K | — | View 990 |
| 2013 | $116K | $115K | $277K | $529K | — | View 990 |
| 2012 | $100K | $100K | $277K | $529K | — | View 990 |
| 2011 | $152K | $125K | $277K | $555K | — | View 990 |
| 2010 | $59K | $72K | $57K | $583K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $71K, expenses of $71K, and assets of $40K (revenue -10.0% year-over-year).
- 2022: Revenue of $79K, expenses of $83K, and assets of $39K (revenue -49.5% year-over-year).
- 2021: Revenue of $156K, expenses of $154K, and assets of $24K (revenue +117.5% year-over-year).
- 2020: Revenue of $72K, expenses of $67K, and assets of $303K (revenue +108.9% year-over-year).
- 2018: Revenue of $34K, expenses of $34K, and assets of $298K (revenue -41.1% year-over-year).
- 2017: Revenue of $58K, expenses of $58K, and assets of $297K (revenue +118.1% year-over-year).
- 2016: Revenue of $27K, expenses of $27K, and assets of $297K (revenue -81.1% year-over-year).
- 2015: Revenue of $141K, expenses of $147K, and assets of $298K (revenue +42.8% year-over-year).
- 2014: Revenue of $99K, expenses of $98K, and assets of $278K (revenue -14.4% year-over-year).
- 2013: Revenue of $116K, expenses of $115K, and assets of $277K (revenue +15.6% year-over-year).
- 2012: Revenue of $100K, expenses of $100K, and assets of $277K (revenue -34.2% year-over-year).
- 2011: Revenue of $152K, expenses of $125K, and assets of $277K (revenue +156.6% year-over-year).
- 2010: Revenue of $59K, expenses of $72K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Child Art Foundation:
Data Sources and Methodology
This transparency report for International Child Art Foundation 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.