Legislative Black Caucus Of Maryland
Legislative Black Caucus Of Maryland shows consistent asset growth and zero liabilities over a decade.
EIN: 10646813 · Annapolis, MD · NTEE: P20 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $83K |
| Total Expenses | $51K |
| Program Spending | 80% |
| Net Assets | $194K |
| Transparency Score | 85/100 |
Is Legislative Black Caucus Of Maryland Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Legislative Black Caucus Of Maryland directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Legislative Black Caucus Of Maryland
Legislative Black Caucus Of Maryland (EIN: 10646813) is a nonprofit organization based in Annapolis, MD, classified under NTEE code P20. The organization reported total revenue of $83K and total assets of $210K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Legislative Black Caucus Of Maryland's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Legislative Black Caucus Of Maryland is a micro nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $66K |
| Total Expenses | $51K |
| Surplus / Deficit | +$15K |
| Total Assets | $194K |
| Net Assets | $194K |
| Operating Margin | 23.1% |
| Months of Reserves | 46.0 months |
Financial Health Grade: A
In 2023, Legislative Black Caucus Of Maryland reported a surplus of $15K with revenue exceeding expenses, holds 46.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Legislative Black Caucus Of Maryland's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.9% | +29.3% | +8.5% |
| 2022 | -29.3% | +22.7% | +8.8% |
| 2021 | +21.0% | +55.3% | +41.5% |
| 2020 | +0.0% | -45.3% | +62.3% |
| 2019 | +14.4% | +86.0% | +59.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Legislative Black Caucus Of Maryland with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Legislative Black Caucus Of Maryland allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $15K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation on the 990-EZ, which is highly efficient for a nonprofit of its size.
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 Legislative Black Caucus Of Maryland's IRS 990 filings:
- Lack of detailed program vs. administrative expense breakdown in provided data, making precise efficiency assessment difficult.
Strengths
The following positive indicators were identified for Legislative Black Caucus Of Maryland:
- Consistent asset growth, from $3,431 in 2016 to $194,421 in 2023.
- Zero liabilities reported across all filings, indicating strong financial health and no debt.
- Consistent reporting of 0% officer compensation, suggesting high efficiency in leadership costs.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
- Revenue consistently exceeding expenses in recent years (e.g., 2021-2023), leading to asset accumulation.
Frequently Asked Questions about Legislative Black Caucus Of Maryland
Is Legislative Black Caucus Of Maryland a legitimate charity?
Legislative Black Caucus Of Maryland (EIN: 10646813) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $83K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Legislative Black Caucus Of Maryland spend its money?
Legislative Black Caucus Of Maryland directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Legislative Black Caucus Of Maryland tax-deductible?
Legislative Black Caucus Of Maryland is registered as a tax-exempt nonprofit (EIN: 10646813). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Legislative Black Caucus Of Maryland's spending goes to programs?
Legislative Black Caucus Of Maryland directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Legislative Black Caucus Of Maryland compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Legislative Black Caucus Of Maryland is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Legislative Black Caucus Of Maryland located?
Legislative Black Caucus Of Maryland is headquartered in Annapolis, Maryland and files with the IRS under EIN 10646813. It is classified under NTEE code P20.
How many years of IRS 990 filings does Legislative Black Caucus Of Maryland have?
Legislative Black Caucus Of Maryland 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 $83K in total revenue.
Is Legislative Black Caucus Of Maryland a good charity?
Based on the provided data, the organization appears to be financially healthy, consistently growing its assets (from $3,431 in 2016 to $194,421 in 2023) and maintaining zero liabilities. The reported 0% officer compensation is a strong indicator of efficient use of funds. However, a detailed breakdown of program vs. administrative spending is not explicitly provided, which would offer a more complete picture of its programmatic impact.
How has the organization's financial stability changed over time?
The organization has shown significant improvement in financial stability. Assets have grown substantially from $3,431 in 2016 to $194,421 in 2023, while liabilities have consistently remained at $0. This indicates strong financial management and a healthy accumulation of reserves.
What is the trend in revenue and expenses?
Revenue has fluctuated but generally trended upwards, from $56,734 in 2018 to $66,000 in 2023. Expenses have also increased, but in recent years (e.g., 2021-2023), revenue growth has outpaced expense growth, contributing to asset accumulation.
Filing History
IRS 990 filing history for Legislative Black Caucus Of Maryland showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Legislative Black Caucus Of Maryland's revenue has declined by 16.5%, moving from $79K to $66K. Total assets increased by 138.3% over the same period, from $82K to $194K. Total functional expenses fell by 54.3%, from $111K to $51K. In its most recent filing year (2023), Legislative Black Caucus Of Maryland reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $66K | $51K | $194K | $0 | — | — |
| 2022 | $56K | $39K | $179K | $0 | — | — |
| 2021 | $79K | $32K | $165K | $0 | — | View 990 |
| 2020 | $65K | $21K | $116K | $0 | — | — |
| 2019 | $65K | $38K | $72K | $0 | — | View 990 |
| 2018 | $57K | $20K | $45K | $0 | — | View 990 |
| 2017 | $69K | $64K | $8K | $0 | — | — |
| 2016 | $62K | $74K | $3K | $0 | — | View 990 |
| 2015 | $21K | $138K | $27K | $0 | — | View 990 |
| 2014 | $155K | $31K | $144K | $0 | — | View 990 |
| 2013 | $102 | $64K | $19K | $0 | — | View 990 |
| 2012 | $106K | $106K | $81K | $0 | — | View 990 |
| 2011 | $79K | $111K | $82K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $66K, expenses of $51K, and assets of $194K (revenue +18.9% year-over-year).
- 2022: Revenue of $56K, expenses of $39K, and assets of $179K (revenue -29.3% year-over-year).
- 2021: Revenue of $79K, expenses of $32K, and assets of $165K (revenue +21.0% year-over-year).
- 2020: Revenue of $65K, expenses of $21K, and assets of $116K (revenue +0.0% year-over-year).
- 2019: Revenue of $65K, expenses of $38K, and assets of $72K (revenue +14.4% year-over-year).
- 2018: Revenue of $57K, expenses of $20K, and assets of $45K (revenue -18.3% year-over-year).
- 2017: Revenue of $69K, expenses of $64K, and assets of $8K (revenue +12.0% year-over-year).
- 2016: Revenue of $62K, expenses of $74K, and assets of $3K (revenue +189.7% year-over-year).
- 2015: Revenue of $21K, expenses of $138K, and assets of $27K (revenue -86.2% year-over-year).
- 2014: Revenue of $155K, expenses of $31K, and assets of $144K (revenue +151851.0% year-over-year).
- 2013: Revenue of $102, expenses of $64K, and assets of $19K (revenue -99.9% year-over-year).
- 2012: Revenue of $106K, expenses of $106K, and assets of $81K (revenue +33.8% year-over-year).
- 2011: Revenue of $79K, expenses of $111K, and assets of $82K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Legislative Black Caucus Of Maryland:
Data Sources and Methodology
This transparency report for Legislative Black Caucus Of Maryland 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.