Mount Vernon Community Improvement District
Mount Vernon Community Improvement District shows consistent revenue growth and no reported officer compensation over a decade.
EIN: 201608105 · Washington, DC · NTEE: S30 · Updated: 2026-03-28
Is Mount Vernon Community Improvement District Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mount Vernon Community Improvement District directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mount Vernon Community Improvement District
Mount Vernon Community Improvement District (EIN: 201608105) is a nonprofit organization based in Washington, DC, classified under NTEE code S30. The organization reported total revenue of $1.4M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Vernon Community Improvement District's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mount Vernon Community Improvement District is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$109K |
| Total Assets | $1.4M |
| Total Liabilities | $558K |
| Net Assets | $824K |
| Operating Margin | 7.8% |
| Debt-to-Asset Ratio | 40.4% |
| Months of Reserves | 12.8 months |
Financial Health Grade: A
In 2023, Mount Vernon Community Improvement District reported a surplus of $109K with revenue exceeding expenses, holds 12.8 months of operating reserves (strong position), has a debt-to-asset ratio of 40.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mount Vernon Community Improvement District's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.3% | -5.1% | +16.3% |
| 2022 | +27.4% | +25.1% | +13.0% |
| 2021 | +7.8% | -0.7% | +8.7% |
| 2020 | -7.0% | +3.6% | +3.9% |
| 2019 | +15.2% | +1.2% | +20.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Mount Vernon Community Improvement District with a Mission Score of 90 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, Mount Vernon Community Improvement District 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 $109K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 filings, indicating that executive leadership is either volunteer or compensated through non-officer channels, which is highly favorable for donor perception and resource allocation.
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 Mount Vernon Community Improvement District's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data
- Growing liabilities, though proportional to asset growth, warrant further scrutiny
Strengths
The following positive indicators were identified for Mount Vernon Community Improvement District:
- Consistent revenue growth over a decade, from $731,600 in 2014 to $1,402,538 in 2023
- No reported officer compensation across all 13 filings, indicating efficient use of funds
- Healthy asset growth, reaching $1,382,218 in 2023, demonstrating financial stability
- Consistent operational surpluses, such as $109,073 in 2023, contributing to reserves
- Strong compliance with 13 IRS 990 filings, indicating good transparency practices
Frequently Asked Questions about Mount Vernon Community Improvement District
Is Mount Vernon Community Improvement District a legitimate charity?
Based on AI analysis of IRS 990 filings, Mount Vernon Community Improvement District (EIN: 201608105) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Mount Vernon Community Improvement District spend its money?
Mount Vernon Community Improvement District directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mount Vernon Community Improvement District tax-deductible?
Mount Vernon Community Improvement District is registered as a tax-exempt nonprofit (EIN: 201608105). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific programs Mount Vernon Community Improvement District funds?
The provided data does not detail specific programs, but as an NTEE Code S30 (Community Improvement & Capacity Building), it likely focuses on local development, infrastructure, or community services within Mount Vernon, DC.
How does the organization manage its growing liabilities?
Liabilities have grown from $49,758 in 2014 to $558,393 in 2023. While assets have grown proportionally, understanding the nature of these liabilities (e.g., program-related debt, operational payables) would provide more insight into financial risk management.
What is the source of the consistent revenue growth?
Revenue has nearly doubled over the past decade, from $731,600 in 2014 to $1,402,538 in 2023. Identifying whether this growth comes from grants, donations, or other income streams would clarify its sustainability and donor base.
Are there any plans to introduce compensated executive positions?
Given the consistent 0% officer compensation, it would be relevant to know if this is a permanent operational model or if there are future plans to compensate executives, which could impact future spending ratios.
Filing History
IRS 990 filing history for Mount Vernon Community Improvement District showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mount Vernon Community Improvement District's revenue has grown by 119.4%, moving from $639K to $1.4M. Total assets increased by 569% over the same period, from $207K to $1.4M. Total functional expenses rose by 99.1%, from $650K to $1.3M. In its most recent filing year (2023), Mount Vernon Community Improvement District reported a surplus of $109K, with revenue exceeding expenses. The organization holds $558K in liabilities against $1.4M in assets (debt-to-asset ratio: 40.4%), resulting in net assets of $824K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.3M | $1.4M | $558K | — | — |
| 2022 | $1.5M | $1.4M | $1.2M | $474K | — | View 990 |
| 2021 | $1.2M | $1.1M | $1.1M | $435K | — | View 990 |
| 2020 | $1.1M | $1.1M | $967K | $411K | — | — |
| 2019 | $1.1M | $1.1M | $931K | $345K | — | View 990 |
| 2018 | $997K | $1.0M | $775K | $279K | — | View 990 |
| 2017 | $1.0M | $992K | $903K | $358K | — | View 990 |
| 2016 | $941K | $904K | $612K | $118K | — | View 990 |
| 2015 | $836K | $766K | $398K | $64K | — | View 990 |
| 2014 | $732K | $678K | $313K | $50K | — | View 990 |
| 2013 | $905K | $686K | $504K | $87K | — | View 990 |
| 2012 | $721K | $684K | $266K | $69K | — | View 990 |
| 2011 | $639K | $650K | $207K | $47K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.3M, and assets of $1.4M (revenue -4.3% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $1.2M (revenue +27.4% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $1.1M (revenue +7.8% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $967K (revenue -7.0% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $931K (revenue +15.2% year-over-year).
- 2018: Revenue of $997K, expenses of $1.0M, and assets of $775K (revenue -4.5% year-over-year).
- 2017: Revenue of $1.0M, expenses of $992K, and assets of $903K (revenue +10.9% year-over-year).
- 2016: Revenue of $941K, expenses of $904K, and assets of $612K (revenue +12.5% year-over-year).
- 2015: Revenue of $836K, expenses of $766K, and assets of $398K (revenue +14.3% year-over-year).
- 2014: Revenue of $732K, expenses of $678K, and assets of $313K (revenue -19.2% year-over-year).
- 2013: Revenue of $905K, expenses of $686K, and assets of $504K (revenue +25.6% year-over-year).
- 2012: Revenue of $721K, expenses of $684K, and assets of $266K (revenue +12.7% year-over-year).
- 2011: Revenue of $639K, expenses of $650K, and assets of $207K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mount Vernon Community Improvement District:
Data Sources and Methodology
This transparency report for Mount Vernon Community Improvement District 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.