Means Database Inc
EIN: 474262060 · Washington, DC · NTEE: K30
| Metric | Value |
|---|---|
| Total Revenue | $161.6M |
| Total Expenses | $102.1M |
| Net Assets | $648K |
Is Means Database Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Means Database Inc
Means Database Inc (EIN: 474262060) is a nonprofit organization based in Washington, DC, classified under NTEE code K30. The organization reported total revenue of $161.6M and total assets of $832K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Means Database Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Means Database Inc is a major nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 228.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $102.3M |
| Total Expenses | $102.1M |
| Surplus / Deficit | +$172K |
| Total Assets | $728K |
| Total Liabilities | $80K |
| Net Assets | $648K |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 11.0% |
| Months of Reserves | 0.1 months |
Financial Health Grade: A
In 2023, Means Database Inc reported a surplus of $172K with revenue exceeding expenses, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 11.0% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Means Database Inc's revenue has grown at a compound annual growth rate (CAGR) of 228.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9995.4% | +15161.4% | +40.3% |
| 2022 | +156.1% | -80.3% | +156.7% |
| 2021 | -91.7% | +100.4% | -93.7% |
| 2020 | +1643.4% | +741.5% | +3414.6% |
| 2019 | +65.8% | +52.3% | +45.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Means Database 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 Means Database 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 surplus of $172K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.0%.
Frequently Asked Questions about Means Database Inc
Is Means Database Inc a legitimate charity?
Means Database Inc (EIN: 474262060) is a registered tax-exempt nonprofit based in Washington DC. It has 7 years of IRS 990 filings on record. Total revenue: $161.6M. No red flags identified. Financial health grade: A.
How does Means Database Inc spend its money?
Means Database Inc reported $161.6M in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Means Database Inc tax-deductible?
Means Database Inc is registered as a tax-exempt nonprofit (EIN: 474262060). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Means Database Inc located?
Means Database Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 474262060. It is classified under NTEE code K30.
How many years of IRS 990 filings does Means Database Inc have?
Means Database Inc has 7 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 $161.6M in total revenue.
Filing History
IRS 990 filing history for Means Database Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Means Database Inc's revenue has grown by 125301.5%, moving from $82K to $102.3M. Total assets increased by 2230.6% over the same period, from $31K to $728K. Total functional expenses rose by 146589%, from $70K to $102.1M. In its most recent filing year (2023), Means Database Inc reported a surplus of $172K, with revenue exceeding expenses. The organization holds $80K in liabilities against $728K in assets (debt-to-asset ratio: 11.0%), resulting in net assets of $648K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $102.3M | $102.1M | $728K | $80K | — | — |
| 2022 | $1.0M | $669K | $519K | $23K | — | View 990 |
| 2021 | $396K | $3.4M | $202K | $50K | — | View 990 |
| 2020 | $4.7M | $1.7M | $3.2M | $85K | — | View 990 |
| 2019 | $272K | $201K | $92K | $0 | — | View 990 |
| 2018 | $164K | $132K | $63K | $0 | — | View 990 |
| 2017 | $82K | $70K | $31K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $102.3M, expenses of $102.1M, and assets of $728K (revenue +9995.4% year-over-year).
- 2022: Revenue of $1.0M, expenses of $669K, and assets of $519K (revenue +156.1% year-over-year).
- 2021: Revenue of $396K, expenses of $3.4M, and assets of $202K (revenue -91.7% year-over-year).
- 2020: Revenue of $4.7M, expenses of $1.7M, and assets of $3.2M (revenue +1643.4% year-over-year).
- 2019: Revenue of $272K, expenses of $201K, and assets of $92K (revenue +65.8% year-over-year).
- 2018: Revenue of $164K, expenses of $132K, and assets of $63K (revenue +101.3% year-over-year).
- 2017: Revenue of $82K, expenses of $70K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Means Database Inc:
Data Sources and Methodology
This transparency report for Means Database 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.