Rich Capital Concepts
EIN: 474994013 · Washington, DC · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $168K |
| Total Expenses | $158K |
| Net Assets | $46K |
Is Rich Capital Concepts Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rich Capital Concepts
Rich Capital Concepts (EIN: 474994013) is a nonprofit organization based in Washington, DC, classified under NTEE code P20. The organization reported total revenue of $168K and total assets of $46K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rich Capital Concepts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rich Capital Concepts is a small nonprofit that has been operating for 8 years.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $159K |
| Total Expenses | $158K |
| Surplus / Deficit | +$489 |
| Total Assets | $46K |
| Net Assets | $46K |
| Operating Margin | 0.3% |
| Months of Reserves | 3.5 months |
Financial Health Grade: A
In 2020, Rich Capital Concepts reported a surplus of $489 with revenue exceeding expenses, holds 3.5 months of operating reserves (adequate).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rich Capital Concepts 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 Rich Capital Concepts 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $489, with revenue exceeding expenses.
Frequently Asked Questions about Rich Capital Concepts
Is Rich Capital Concepts a legitimate charity?
Rich Capital Concepts (EIN: 474994013) is a registered tax-exempt nonprofit based in Washington DC. Total revenue: $168K. No red flags identified. Financial health grade: A.
How does Rich Capital Concepts spend its money?
Rich Capital Concepts reported $168K in total revenue in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rich Capital Concepts tax-deductible?
Rich Capital Concepts is registered as a tax-exempt nonprofit (EIN: 474994013). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rich Capital Concepts located?
Rich Capital Concepts is headquartered in Washington, Washington DC and files with the IRS under EIN 474994013. It is classified under NTEE code P20.
Filing History
IRS 990 filing history for Rich Capital Concepts showing financial trends over 1 year of public records:
In its most recent filing year (2020), Rich Capital Concepts reported a surplus of $489, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $159K | $158K | $46K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rich Capital Concepts:
Data Sources and Methodology
This transparency report for Rich Capital Concepts 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.