National Landing Business Improvement District Inc
National Landing BID reports recent operating deficits despite growing assets and zero officer compensation.
EIN: 205384178 · Arlington, VA · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.2M |
| Total Expenses | $5.0M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $558K |
| Transparency Score | 85/100 |
Is National Landing Business Improvement District Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Landing Business Improvement District Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Landing Business Improvement District Inc
National Landing Business Improvement District Inc (EIN: 205384178) is a nonprofit organization based in Arlington, VA, classified under NTEE code S41. The organization reported total revenue of $5.2M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Landing Business Improvement District Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Landing Business Improvement District Inc is a mid-size nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.7M |
| Total Expenses | $5.0M |
| Surplus / Deficit | $-309,140 |
| Total Assets | $1.4M |
| Total Liabilities | $826K |
| Net Assets | $558K |
| Operating Margin | -6.6% |
| Debt-to-Asset Ratio | 59.7% |
| Months of Reserves | 3.3 months |
Financial Health Grade: C
In 2023, National Landing Business Improvement District Inc reported a deficit of $309K with expenses exceeding revenue, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 59.7% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), National Landing Business Improvement District Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.4% | -0.6% | +2.5% |
| 2022 | -2.9% | +26.2% | -25.0% |
| 2021 | +67.8% | +39.8% | +46.1% |
| 2020 | +6.5% | +20.2% | +9.4% |
| 2019 | -5.2% | -10.7% | +43.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 National Landing Business Improvement District Inc 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, National Landing Business Improvement District Inc 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 deficit of $309K, with expenses exceeding revenue.
- Debt-to-asset ratio: 59.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officer salaries were paid, which is highly unusual for an organization with annual revenues exceeding $4 million and suggests either volunteer leadership or compensation is categorized differently.
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 National Landing Business Improvement District Inc's IRS 990 filings:
- Operating deficits in the last two reported fiscal years (2022 and 2023)
- Unusually low (0%) reported officer compensation for an organization of this size, which may warrant further clarification on how leadership is compensated or structured.
Strengths
The following positive indicators were identified for National Landing Business Improvement District Inc:
- Strong asset growth, with current assets at $4,195,397
- Consistent IRS 990 filing history over 12 periods, indicating good governance
- Zero reported officer compensation, suggesting a high dedication of funds to mission or volunteer leadership
- Significant revenue growth over the past decade, from ~$2.5M to ~$4.6M
Frequently Asked Questions about National Landing Business Improvement District Inc
Is National Landing Business Improvement District Inc a legitimate charity?
National Landing Business Improvement District Inc (EIN: 205384178) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $5.2M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does National Landing Business Improvement District Inc spend its money?
National Landing Business Improvement District Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to National Landing Business Improvement District Inc tax-deductible?
National Landing Business Improvement District Inc is registered as a tax-exempt nonprofit (EIN: 205384178). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the National Landing Business Improvement District Inc CEO make?
National Landing Business Improvement District Inc's highest-compensated officer earns $4 annually. The organization reported $5.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of National Landing Business Improvement District Inc's spending goes to programs?
National Landing Business Improvement District Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does National Landing Business Improvement District Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), National Landing Business Improvement District Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is National Landing Business Improvement District Inc located?
National Landing Business Improvement District Inc is headquartered in Arlington, Virginia and files with the IRS under EIN 205384178. It is classified under NTEE code S41.
How many years of IRS 990 filings does National Landing Business Improvement District Inc have?
National Landing Business Improvement District Inc has 12 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 $5.2M in total revenue.
Is National Landing Business Improvement District Inc financially sustainable given recent operating deficits?
While the organization has reported operating deficits in the last two fiscal years (e.g., $4,987,369 expenses vs. $4,678,229 revenue in 2023), its current assets of $4,195,397 and historical asset growth suggest a strong balance sheet that can absorb short-term deficits. However, a sustained trend of expenses exceeding revenue would eventually impact its long-term financial health.
How does National Landing BID manage to operate without officer compensation?
The consistent reporting of 0% officer compensation across all 12 filings is notable. This could imply that leadership roles are filled by volunteers, or that compensation for key personnel is categorized under other expense lines, or potentially paid by a related entity. Further investigation into their detailed expense breakdown would be needed to understand this structure.
What is the trend in National Landing BID's revenue and expenses?
Revenue has generally increased over the past decade, from around $2.5 million in 2014-2016 to over $4.6 million in 2023. Expenses have largely followed this trend, but in the last two reported periods (2022 and 2023), expenses have slightly outpaced revenue, leading to operating deficits.
Filing History
IRS 990 filing history for National Landing Business Improvement District Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), National Landing Business Improvement District Inc's revenue has grown by 100.8%, moving from $2.3M to $4.7M. Total assets increased by 57.2% over the same period, from $880K to $1.4M. Total functional expenses rose by 121.6%, from $2.3M to $5.0M. In its most recent filing year (2023), National Landing Business Improvement District Inc reported a deficit of $309K, with expenses exceeding revenue. The organization holds $826K in liabilities against $1.4M in assets (debt-to-asset ratio: 59.7%), resulting in net assets of $558K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.7M | $5.0M | $1.4M | $826K | — | View 990 |
| 2022 | $4.5M | $5.0M | $1.4M | $483K | — | View 990 |
| 2021 | $4.6M | $4.0M | $1.8M | $399K | — | View 990 |
| 2020 | $2.7M | $2.8M | $1.2M | $469K | — | View 990 |
| 2019 | $2.6M | $2.4M | $1.1M | $268K | — | View 990 |
| 2018 | $2.7M | $2.6M | $784K | $141K | — | View 990 |
| 2017 | $2.6M | $2.8M | $701K | $535K | — | View 990 |
| 2016 | $2.5M | $2.7M | $931K | $592K | — | View 990 |
| 2015 | $2.6M | $2.7M | $1.2M | $698K | — | View 990 |
| 2014 | $2.6M | $2.5M | $1.0M | $469K | — | View 990 |
| 2013 | $2.6M | $2.8M | $1.1M | $650K | — | View 990 |
| 2012 | $2.3M | $2.3M | $880K | $141K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.7M, expenses of $5.0M, and assets of $1.4M (revenue +4.4% year-over-year).
- 2022: Revenue of $4.5M, expenses of $5.0M, and assets of $1.4M (revenue -2.9% year-over-year).
- 2021: Revenue of $4.6M, expenses of $4.0M, and assets of $1.8M (revenue +67.8% year-over-year).
- 2020: Revenue of $2.7M, expenses of $2.8M, and assets of $1.2M (revenue +6.5% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.4M, and assets of $1.1M (revenue -5.2% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.6M, and assets of $784K (revenue +4.4% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.8M, and assets of $701K (revenue +2.4% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.7M, and assets of $931K (revenue -2.7% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.7M, and assets of $1.2M (revenue +2.3% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.5M, and assets of $1.0M (revenue -0.8% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.8M, and assets of $1.1M (revenue +10.5% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.3M, and assets of $880K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Landing Business Improvement District Inc:
Data Sources and Methodology
This transparency report for National Landing Business Improvement District 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.