Ncpa Innovation Center
EIN: 371841962 · Alexandria, VA · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.9M |
| Net Assets | $-282,722 |
Is Ncpa Innovation Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ncpa Innovation Center
Ncpa Innovation Center (EIN: 371841962) is a nonprofit organization based in Alexandria, VA, classified under NTEE code S41. The organization reported total revenue of $2.1M and total assets of $752K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ncpa Innovation Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ncpa Innovation Center is a mid-size nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$327K |
| Total Assets | $361K |
| Total Liabilities | $644K |
| Net Assets | $-282,722 |
| Operating Margin | 15.0% |
| Debt-to-Asset Ratio | 178.3% |
| Months of Reserves | 2.3 months |
Financial Health Grade: B
In 2023, Ncpa Innovation Center reported a surplus of $327K with revenue exceeding expenses, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 178.3% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Ncpa Innovation Center's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.3% | +3.8% | -33.8% |
| 2022 | +1.7% | +12.8% | +33.4% |
| 2021 | +15.5% | -9.4% | +267.4% |
| 2020 | -14.9% | -17.5% | -38.4% |
| 2019 | +24.9% | +21.0% | +100.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ncpa Innovation Center 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 Ncpa Innovation Center 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 $327K, with revenue exceeding expenses.
- Debt-to-asset ratio: 178.3%.
Frequently Asked Questions about Ncpa Innovation Center
Is Ncpa Innovation Center a legitimate charity?
Ncpa Innovation Center (EIN: 371841962) is a registered tax-exempt nonprofit based in Virginia. It has 7 years of IRS 990 filings on record. Total revenue: $2.1M. No red flags identified. Financial health grade: B.
How does Ncpa Innovation Center spend its money?
Ncpa Innovation Center reported $2.1M 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 Ncpa Innovation Center tax-deductible?
Ncpa Innovation Center is registered as a tax-exempt nonprofit (EIN: 371841962). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ncpa Innovation Center located?
Ncpa Innovation Center is headquartered in Alexandria, Virginia and files with the IRS under EIN 371841962. It is classified under NTEE code S41.
How many years of IRS 990 filings does Ncpa Innovation Center have?
Ncpa Innovation Center 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 $2.1M in total revenue.
Filing History
IRS 990 filing history for Ncpa Innovation Center showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Ncpa Innovation Center's revenue has grown by 71.9%, moving from $1.3M to $2.2M. Total assets increased by 140% over the same period, from $150K to $361K. Total functional expenses rose by 7.1%, from $1.7M to $1.9M. In its most recent filing year (2023), Ncpa Innovation Center reported a surplus of $327K, with revenue exceeding expenses. The organization holds $644K in liabilities against $361K in assets (debt-to-asset ratio: 178.3%), resulting in net assets of $-282,722.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $1.9M | $361K | $644K | — | View 990 |
| 2022 | $1.9M | $1.8M | $545K | $1.2M | — | View 990 |
| 2021 | $1.9M | $1.6M | $408K | $1.1M | — | — |
| 2020 | $1.6M | $1.7M | $111K | $1.1M | — | — |
| 2019 | $1.9M | $2.1M | $181K | $1.1M | — | View 990 |
| 2018 | $1.5M | $1.8M | $90K | $778K | — | View 990 |
| 2017 | $1.3M | $1.7M | $150K | $613K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $1.9M, and assets of $361K (revenue +14.3% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.8M, and assets of $545K (revenue +1.7% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.6M, and assets of $408K (revenue +15.5% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.7M, and assets of $111K (revenue -14.9% year-over-year).
- 2019: Revenue of $1.9M, expenses of $2.1M, and assets of $181K (revenue +24.9% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.8M, and assets of $90K (revenue +20.3% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.7M, and assets of $150K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ncpa Innovation Center:
Data Sources and Methodology
This transparency report for Ncpa Innovation Center 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.