Quixote Center Incorporated
EIN: 521055742 · Sandy Spring, MD · NTEE: Q400
| Metric | Value |
|---|---|
| Total Revenue | $574K |
| Total Expenses | $451K |
| Net Assets | $411K |
Is Quixote Center Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Quixote Center Incorporated
Quixote Center Incorporated (EIN: 521055742) is a nonprofit organization based in Sandy Spring, MD, classified under NTEE code Q400. The organization reported total revenue of $574K and total assets of $682K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Quixote Center Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Quixote Center Incorporated is a small nonprofit that has been operating for 49 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $411K |
| Total Expenses | $451K |
| Surplus / Deficit | $-40,194 |
| Total Assets | $648K |
| Total Liabilities | $237K |
| Net Assets | $411K |
| Operating Margin | -9.8% |
| Debt-to-Asset Ratio | 36.6% |
| Months of Reserves | 17.2 months |
Financial Health Grade: B
In 2024, Quixote Center Incorporated reported a deficit of $40K with expenses exceeding revenue, holds 17.2 months of operating reserves (strong position), has a debt-to-asset ratio of 36.6% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Quixote Center Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +16.7% | -4.7% | -6.5% |
| 2023 | +52.9% | +9.1% | -12.5% |
| 2022 | -77.3% | +14.1% | -3.9% |
| 2021 | +344.1% | -27.4% | +275.3% |
| 2020 | -57.0% | -1.5% | -52.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2780 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Quixote Center Incorporated 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 Quixote Center Incorporated 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.6%.
Frequently Asked Questions about Quixote Center Incorporated
Is Quixote Center Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Quixote Center Incorporated (EIN: 521055742) insufficient data. 0 red flags identified, 0 strengths noted.
How does Quixote Center Incorporated spend its money?
Detailed spending breakdown data is not yet available for Quixote Center Incorporated. Check back for updated IRS 990 analysis.
Are donations to Quixote Center Incorporated tax-deductible?
Quixote Center Incorporated is registered as a tax-exempt nonprofit (EIN: 521055742). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Quixote Center Incorporated located?
Quixote Center Incorporated is headquartered in Sandy Spring, Maryland and files with the IRS under EIN 521055742. It is classified under NTEE code Q400.
How many years of IRS 990 filings does Quixote Center Incorporated have?
Quixote Center Incorporated 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 $574K in total revenue.
Filing History
IRS 990 filing history for Quixote Center Incorporated showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Quixote Center Incorporated's revenue has grown by 111%, moving from $195K to $411K. Total assets increased by 179.5% over the same period, from $232K to $648K. Total functional expenses rose by 38.5%, from $326K to $451K. In its most recent filing year (2024), Quixote Center Incorporated reported a deficit of $40K, with expenses exceeding revenue. The organization holds $237K in liabilities against $648K in assets (debt-to-asset ratio: 36.6%), resulting in net assets of $411K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $411K | $451K | $648K | $237K | — | — |
| 2023 | $352K | $473K | $693K | $257K | — | — |
| 2022 | $230K | $434K | $793K | $244K | — | View 990 |
| 2021 | $1.0M | $380K | $824K | $55K | — | — |
| 2020 | $229K | $524K | $220K | $105K | — | View 990 |
| 2019 | $532K | $532K | $462K | $58K | — | View 990 |
| 2018 | $644K | $615K | $366K | $64K | — | View 990 |
| 2017 | $585K | $808K | $322K | $49K | — | View 990 |
| 2016 | $535K | $432K | $338K | $37K | — | View 990 |
| 2015 | $402K | $269K | $240K | $42K | — | View 990 |
| 2014 | $394K | $464K | $139K | $29K | — | View 990 |
| 2013 | $433K | $524K | $218K | $38K | — | View 990 |
| 2012 | $590K | $508K | $320K | $49K | — | View 990 |
| 2011 | $195K | $326K | $232K | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $411K, expenses of $451K, and assets of $648K (revenue +16.7% year-over-year).
- 2023: Revenue of $352K, expenses of $473K, and assets of $693K (revenue +52.9% year-over-year).
- 2022: Revenue of $230K, expenses of $434K, and assets of $793K (revenue -77.3% year-over-year).
- 2021: Revenue of $1.0M, expenses of $380K, and assets of $824K (revenue +344.1% year-over-year).
- 2020: Revenue of $229K, expenses of $524K, and assets of $220K (revenue -57.0% year-over-year).
- 2019: Revenue of $532K, expenses of $532K, and assets of $462K (revenue -17.4% year-over-year).
- 2018: Revenue of $644K, expenses of $615K, and assets of $366K (revenue +10.1% year-over-year).
- 2017: Revenue of $585K, expenses of $808K, and assets of $322K (revenue +9.5% year-over-year).
- 2016: Revenue of $535K, expenses of $432K, and assets of $338K (revenue +33.0% year-over-year).
- 2015: Revenue of $402K, expenses of $269K, and assets of $240K (revenue +2.2% year-over-year).
- 2014: Revenue of $394K, expenses of $464K, and assets of $139K (revenue -9.0% year-over-year).
- 2013: Revenue of $433K, expenses of $524K, and assets of $218K (revenue -26.6% year-over-year).
- 2012: Revenue of $590K, expenses of $508K, and assets of $320K (revenue +202.6% year-over-year).
- 2011: Revenue of $195K, expenses of $326K, and assets of $232K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Quixote Center Incorporated:
Data Sources and Methodology
This transparency report for Quixote Center Incorporated 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.