National Bar Institute Inc
EIN: 521275633 · Washington, DC
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.7M |
| Net Assets | $2.7M |
Is National Bar Institute Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About National Bar Institute Inc
National Bar Institute Inc (EIN: 521275633) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $1.9M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Bar Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Bar Institute Inc is a mid-size nonprofit that has been operating for 43 years, with 14 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 19.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-40,795 |
| Total Assets | $2.7M |
| Net Assets | $2.7M |
| Operating Margin | -2.5% |
| Months of Reserves | 18.9 months |
Financial Health Grade: B
In 2023, National Bar Institute Inc reported a deficit of $41K with expenses exceeding revenue, holds 18.9 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2009–2023), National Bar Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.6% | +3.5% | -4.3% |
| 2022 | +72.0% | +99.9% | -0.9% |
| 2021 | -54.3% | -13.2% | +4.4% |
| 2020 | +46.4% | -17.9% | +69.7% |
| 2019 | +33.7% | +95.8% | +18.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for National Bar Institute 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 National Bar Institute 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 deficit of $41K, with expenses exceeding revenue.
Frequently Asked Questions about National Bar Institute Inc
Is National Bar Institute Inc a legitimate charity?
National Bar Institute Inc (EIN: 521275633) is a registered tax-exempt nonprofit based in Washington DC. It has 14 years of IRS 990 filings on record. Total revenue: $1.9M. No red flags identified. Financial health grade: B.
How does National Bar Institute Inc spend its money?
National Bar Institute Inc reported $1.9M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to National Bar Institute Inc tax-deductible?
National Bar Institute Inc is registered as a tax-exempt nonprofit (EIN: 521275633). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is National Bar Institute Inc located?
National Bar Institute Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 521275633.
How many years of IRS 990 filings does National Bar Institute Inc have?
National Bar Institute Inc has 14 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 $1.9M in total revenue.
Filing History
IRS 990 filing history for National Bar Institute Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2009–2023), National Bar Institute Inc's revenue has grown by 1127.5%, moving from $135K to $1.7M. Total assets increased by 345.9% over the same period, from $601K to $2.7M. Total functional expenses rose by 961.1%, from $160K to $1.7M. In its most recent filing year (2023), National Bar Institute Inc reported a deficit of $41K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.7M | $2.7M | $0 | — | — |
| 2022 | $1.6M | $1.6M | $2.8M | $0 | — | View 990 |
| 2021 | $940K | $821K | $2.8M | $91 | — | View 990 |
| 2020 | $2.1M | $945K | $2.7M | $90 | — | View 990 |
| 2019 | $1.4M | $1.2M | $1.6M | $90 | — | View 990 |
| 2018 | $1.1M | $588K | $1.3M | $90 | — | View 990 |
| 2017 | $487K | $299K | $941K | $90 | — | View 990 |
| 2016 | $272K | $198K | $753K | $90 | — | View 990 |
| 2015 | $393K | $248K | $679K | $90 | — | View 990 |
| 2013 | $216K | $244K | $592K | $8K | — | View 990 |
| 2012 | $219K | $226K | $644K | $8K | — | View 990 |
| 2011 | $208K | $233K | $652K | $8K | — | View 990 |
| 2010 | $137K | $143K | $676K | $8K | — | View 990 |
| 2009 | $135K | $160K | $601K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.7M, and assets of $2.7M (revenue +2.6% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.6M, and assets of $2.8M (revenue +72.0% year-over-year).
- 2021: Revenue of $940K, expenses of $821K, and assets of $2.8M (revenue -54.3% year-over-year).
- 2020: Revenue of $2.1M, expenses of $945K, and assets of $2.7M (revenue +46.4% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.2M, and assets of $1.6M (revenue +33.7% year-over-year).
- 2018: Revenue of $1.1M, expenses of $588K, and assets of $1.3M (revenue +115.7% year-over-year).
- 2017: Revenue of $487K, expenses of $299K, and assets of $941K (revenue +78.8% year-over-year).
- 2016: Revenue of $272K, expenses of $198K, and assets of $753K (revenue -30.8% year-over-year).
- 2015: Revenue of $393K, expenses of $248K, and assets of $679K (revenue +82.1% year-over-year).
- 2013: Revenue of $216K, expenses of $244K, and assets of $592K (revenue -1.2% year-over-year).
- 2012: Revenue of $219K, expenses of $226K, and assets of $644K (revenue +5.1% year-over-year).
- 2011: Revenue of $208K, expenses of $233K, and assets of $652K (revenue +52.2% year-over-year).
- 2010: Revenue of $137K, expenses of $143K, and assets of $676K (revenue +1.2% year-over-year).
- 2009: Revenue of $135K, expenses of $160K, and assets of $601K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Bar Institute Inc:
Data Sources and Methodology
This transparency report for National Bar Institute 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.